TRIO HOMELESS MINISTRIES INC

EIN: 920526323 501(c)(3) Human Services

CAMBY, IN

Total Revenue
$1,331,550
Total Expenses
$1,155,160
Total Assets
$184,271
Net Assets
$163,789
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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
2022
Legal Domicile
IN
Principal Officer
LEANNA TRUELOVE
Phone
3174740763
Tax Period
2024-01-01 to 2024-12-31

TRIO HOMELESS MINISTRIES INC, founded in 2022, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 226% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 13% surplus.

Mission

IT IS THE MISSION AND PURPOSE OF TRIO HOMELESS MINISTRIES, INC. TO ADDRESS AND PROVIDE AID AND RELIEF (FOOD, CLOTHING AND SUPPLIES) TO THE ADULT HOMELESS COMMUNITY OF DOWNTOWN INDIANAPOLIS, INDIANA.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,328,565
Program Service Revenue $0
Investment Income $0
Other Revenue $2,985
TOTAL REVENUE $1,331,550

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,152,356
Other Expenses $1,155,160
TOTAL EXPENSES $1,155,160

Year-over-Year Comparison

2024 2023 Change
Revenue $1,331,550 $407,928 +2.3%
Expenses $1,155,160 $434,813 +1.7%
Net Income $176,390 $-26,885 -7.6%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEANNA TRUELOVE PRESIDENT 31.00
Director
$0 $0 $0
THOMAS EADS SECRETARY 31.00
Director
$0 $0 $0
MISHA EADS TREASURER 31.00
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 $1,331,550 $1,155,160 $184,271 $176,390
2023 $407,928 $434,813 $3,703 $-26,885
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