THE HOMETOWN OUTREACH FUND INC

EIN: 932796281 501(c)(3) Civil Rights & Advocacy

BROOKLYN, NY

Total Revenue
$430,400
Total Expenses
$352,719
Total Assets
$234,064
Net Assets
$234,064
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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
2023
Legal Domicile
NY
Principal Officer
ERIN FREDERICK
Phone
3106919312
Tax Period
2024-01-01 to 2024-12-31

THE HOMETOWN OUTREACH FUND INC, founded in 2023, is a small nonprofit in the Civil Rights & Advocacy sector that reported $430K in total revenue in fiscal year 2024. The organization ran a surplus of $78K, a strong 18% operating margin.

Mission

VOTER EDUCATION.

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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 $430,400
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $430,400

Expense Breakdown

Grants Paid $350,000
Salaries & Benefits $0
Fundraising Expenses $60
Program Expenses $350,486
Other Expenses $2,719
TOTAL EXPENSES $352,719

Year-over-Year Comparison

2024 2023 Change
Revenue $430,400 N/A N/A
Expenses $352,719 N/A N/A
Net Income $77,681 $0 N/A
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
5
Independent Members
3
Employees
N/A
Volunteers
3

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
4
$129,167
Total Directors
5
$179,069
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIN FREDERICK EXECUTIVE DIRECTOR 25.00
Officer Director
$0 $0 $129,167
PETER SALETT FOUNDER 15.00
Director
$0 $14,485 $49,902
SHANNON MENESES CHAIRMAN 1.00
Officer Director
$0 $0 $0
STEVE SALETT TREASURER 1.00
Officer Director
$0 $0 $0
JOE WETZEL SECRETARY 1.00
Officer 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 $430,400 $352,719 $234,064 $77,681
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