Homeowners Impact Fund

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

Victoria Mitchener

Tax Period

2024-01-01 to 2024-12-31

Homeowners Impact Fund, founded in 2020, is a small nonprofit in the Human Services sector that reported $179K in total revenue in fiscal year 2024. Expenses of $167K left a modest 7% surplus.

Mission

The Homeowners Impact Fund is a 501(c)3 nonprofit dedicated to ending homelessness through collective giving from those involved in the home closing process and homeownership

Program Service Accomplishments

Program 1

Expenses: $145,714

The HIF collects funds from partners and allows those benefitting from homeownership to collectively give their support to those experiencing homelessness in an ongoing and sustainable way.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $61,228

Program Service Revenue $0

Investment Income $83

Other Revenue $117,848

TOTAL REVENUE $179,159

Expense Breakdown

Grants Paid $140,000

Salaries & Benefits $19,046

Fundraising Expenses $11,975

Program Expenses $145,714

Other Expenses $8,070

TOTAL EXPENSES $167,116

Year-over-Year Comparison

	2024	2023	Change
Revenue	$179,159	$170,550	+0.1%
Expenses	$167,116	$9,444	+16.7%
Net Income	$12,043	$161,106	-0.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Victoria Mitchener	Executive Dir.	2.50	Officer Director	$0	$0	$0
Tom Bramhall	Director	0.50	Director	$0	$0	$0
Aubrey Grier	Director	2.00	Director	$0	$0	$0
Kerri Mast	Director	0.50	Director	$0	$0	$0
Tim Pratt	Director	0.50	Director	$0	$0	$0
Shannon Rodden	Director	0.50	Director	$0	$0	$0
Melanie Vise	Director	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$179,159	$167,116	$61,893	$12,043