Homer Foundation (EIN 920139183) - 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

1991

Legal Domicile

Principal Officer

Stacey Schultz

Phone

9072350541

Tax Period

2024-07-01 to 2025-06-30

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.

Mission

To enhance the quality of life for the citizens of the greater Homer area by promoting philanthropic and charitable activities.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,011,253

Program Service Revenue $0

Investment Income $224,039

Other Revenue $30,994

TOTAL REVENUE $2,266,286

Expense Breakdown

Grants Paid $707,209

Salaries & Benefits $213,766

Fundraising Expenses $58,768

Program Expenses $764,030

Other Expenses $209,756

TOTAL EXPENSES $1,130,731

Year-over-Year Comparison

	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%

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

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

$41,313

Total Directors

Key Employees

Highest Compensated

reported

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

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
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

Homer Foundation