Hometown Community Development Corporation (EIN 911919863) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

SAME AS C ABOVE

Phone

8776478764

Tax Period

2023-01-01 to 2023-12-31

Hometown Community Development Corporation, founded in 1998, is a community nonprofit in the Housing & Shelter sector that reported $1.9M in total revenue in fiscal year 2023. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $4.4M exceeded revenue, resulting in a 125% operating deficit.

Mission

PROVIDE INNOVATIVE HOUSING SOLUTIONS COMPREHENSIVE EDUCATION AND COUNSELING AND FOSTER ECONOMIC DEVELOPMENT TO ENSURE THAT EVERY FAMILY AND VETERAN THRIVES.

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Trantor Score

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

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $67,904

Program Service Revenue $1,807,148

Investment Income $46,667

Other Revenue $15,521

TOTAL REVENUE $1,937,240

Expense Breakdown

Grants Paid $0

Salaries & Benefits $796,573

Fundraising Expenses $217,660

Program Expenses $3,700,234

Other Expenses $3,556,642

TOTAL EXPENSES $4,353,215

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,937,240	$11,019,279	-0.8%
Expenses	$4,353,215	$362,292	+11.0%
Net Income	$-2,415,975	$10,656,987	-1.2%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

N/A

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

$757,750

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jed Davis	CEO	40.00	Officer	$220,000	$170,201	$390,201
Benjamin Stuelke	CFO	40.00	Officer	$200,000	$167,549	$367,549
ROB MORALES	CHAIRMAN	0.00	Officer Director	$0	$0	$0
RYAN CAMPUZANO	DIRECTOR	0.00	Director	$0	$0	$0
VALERIE MILLER	SECRETARY	0.00	Officer	$0	$0	$0
THOMAS TAYLOR	TREASURER	0.00	Officer	$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	No data	No data	No data	No data
2023	$1,937,240	$4,353,215	$10,821,951	$-2,415,975
2022	$11,019,189	$2,821,431	$13,148,767	$8,197,758
2021	$4,353,028	$5,003,991	$5,485,775	$-650,963
2020	$3,411,064	$5,080,677	$7,895,941	$-1,669,613
2019	$11,433,074	$13,217,874	$6,992,986	$-1,784,800
2018	$3,476,082	$5,365,498	$14,431,237	$-1,889,416

Hometown Community Development Corporation