SHALOM HOME FOUNDATION INC

EIN: 921469351 501(c)(3) Housing & Shelter

DESTIN, FL

Total Revenue
$47,951
Total Expenses
$81,391
Total Assets
$9,211
Net Assets
$-59,524
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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
FL
Principal Officer
MARGE R GROSS
Phone
3106349951
Tax Period
2024-01-01 to 2024-12-31

SHALOM HOME FOUNDATION INC, founded in 2022, is a micro nonprofit in the Housing & Shelter sector that reported $48K in total revenue in fiscal year 2024. Revenue surged 3818% from the prior year, signaling strong growth momentum. Expenses of $81K exceeded revenue, resulting in a 70% operating deficit.

Mission

PROVIDING SAFE. PEACEFUL AND STABLE HOUSING TO SUPPORT WHOLENESS, HEALING AND COMMUNITY.

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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 $47,951
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $47,951

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $77,588
Other Expenses $81,391
TOTAL EXPENSES $81,391

Year-over-Year Comparison

2024 2023 Change
Revenue $47,951 $1,224 +38.2%
Expenses $81,391 $28,308 +1.9%
Net Income $-33,440 $-27,084 +0.2%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
4

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Margaret Gross PTD 2.00
Officer Director
$0 $0 $0
Michael Gross VPSD 2.00
Officer Director
$0 $0 $0
Kimberly Vasquez D 2.00
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 $47,951 $81,391 $9,211 $-33,440
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