Homer, AK
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Homer Foundation, founded in 1991, is a community nonprofit in the Youth Development sector that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 168% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 50% operating margin.
To enhance the quality of life for the citizens of the greater Homer area by promoting philanthropic and charitable activities.
ALL OTHER PROGRAMS.
SCHOLARSHIPS: SCHOLARSHIPS TO SUPPORT AREA STUDENTS IN THEIR POSTSECONDARY EDUCATION. THESE SCHOLARSHIPS VARIED BETWEEN 1,0008,000
Impact Grants: Year round grants program to support large capital projects or staff development activities in the community. These grants are reviewed by the Board of Trustees and are meant to...
Impact Grants: Year round grants program to support large capital projects or staff development activities in the community. These grants are reviewed by the Board of Trustees and are meant to exhibit the following criteria: Demonstrate substantial and measurable impact on the quality of life of the service area.Demonstrate needs which arose due to a sudden, unexpected change in funding.Demonstrate substantial collaborationLeverage significant other fundingBe a lasting benefitDemonstrate sustainability
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,266,286 | $845,861 | +1.7% |
| Expenses | $1,130,731 | $746,662 | +0.5% |
| Net Income | $1,135,555 | $99,199 | +10.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Stacey Schultz | Executive Dir. | 40.00 |
Officer
|
$40,153 | $1,160 | $41,313 |
| Douglas Baily | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Van Hawkins | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Paula Martin | Vice President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Denise Pitzman | President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Sara Reinert | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Paul Seaton | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Ken Taylor | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Tom Zitzmann | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| William Bell | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Christopher Kincaid | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Kenneth Schneider | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,266,286 | $1,130,731 | $8,998,883 | $1,135,555 |
| 2024 | No data | No data | No data | No data |
| 2024 | $845,861 | $746,662 | $6,890,452 | $99,199 |
| 2023 | $1,174,483 | $680,341 | $5,932,058 | $494,142 |
| 2022 | $1,139,520 | $635,043 | $5,061,813 | $504,477 |
| 2021 | $1,921,165 | $478,221 | $5,466,034 | $1,442,944 |
| 2020 | $646,179 | $492,846 | $3,202,250 | $153,333 |
| 2019 | $715,245 | $317,833 | $2,977,547 | $397,412 |
| 2018 | $399,372 | $444,609 | $2,520,903 | $-45,237 |
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