Always Home INC EIN 06-1536185

Always Home INC

EIN  06-1536185 Public charity (501(c)(3)) Mystic, CT
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Size
$100K–1M
What they do
Provides family-focused emergency shelter and hospitality to fight homelessness.
Leadership
Tricia Cunningham · Executive Di · $90K
Money in and out
$931K revenue, $788K expenses
Bottom line
87% program efficiency

Provides family-focused emergency shelter and hospitality to fight homelessness. For fiscal year 2025 it reported $931K in revenue, $788K in expenses, and $1.5M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$931K
Pt VIII · Ln 12
Total expenses
$788K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $143K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.05 Fundraising $0.08
Program efficiency
87%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
20.0mo
months of highly liquid reserves at operating expense rate▲ +10% vs prior filing year
Surplus margin
+15%
revenue over expenses, this year▲ +100% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$931K
FY2025▲ +21%
Expenses
$788K
FY2025▲ +11%
Total assets
$1.7M
FY2025▲ +18%
Total liabilities
$148K
FY2025▲ +152%
Total revenue
$931K
Pt VIII · Ln 12
Total expenses
$788K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$143K
Total assetsPt X · Ln 16$1.7M
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $686K of program spending, described in the organization's own filed words · FY2024.
01

The organization provides comprehensive services to eastern connecticut families who are homeless or at risk of homelessness. Assistance includes individualized case management services, short-term financial support to improve housing stabilization, and enhanced homelessness prevention programming that targets common causes of housing…

$686Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAlways Home INC
EINHdr · item D06-1536185
Principal addressHdr · item CMystic, CT
WebsiteHdr · item Jwww.alwayshome.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L80)
Ruling yearIRS BMFSep 1999

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Di
$90,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Tricia Cunningham’s $90K as Executive Di is at the 80th percentile of top reported officer pay among 848 $100K–1M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2020
Tricia Cunningham$90,000$95,000$90,000$48,462
Betty Smith$37,961$70,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$647K · 69%
Other revenue$192K · 21%
Program service revenue$77K · 8%
Investment income$16K · 2%
Contributions & grants69%$647K
Other revenue21%$192K
Program service revenue8%$77K
Investment income2%$16K
— government grantsLn 1e$65K
Total revenueLn 12$931K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.05 Fundraising $0.08
Program services87%$686K
Management & general5%$36K
Fundraising8%$65K
Total functional expensesLn 25$788K

Balance Sheet

Part X · end of year
CashLn 1$1.0M
Total assetsLn 16$1.7M
Total liabilitiesLn 26$148K
Total net assetsLn 32$1.5M
Months of cash on handcomputed15.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.3M · Operating expenses/yr $788K
20.0 months
Where the money goes
Program services
Program services $686K · Total expenses $788K
87%
Management & General
Management & general $36K · Total expenses $788K
5%
Fundraising
Fundraising $65K · Total expenses $788K
8%
Cost to raise $1
Fundraising expense (3-yr avg) $43K · Solicited contributions (3-yr avg) $504K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $647K · Total revenue $931K
69%
Government reliance
Government grants $65K · Total revenue $931K
7%
Earned-income share
Program service revenue $77K · Total revenue $931K
8%
Investment reliance
Investment income $16K · Total revenue $931K
+2%
Program self-sufficiency
Program service revenue $77K · Total expenses $788K
10%
Growth & trend
Revenue growth (YoY)
This year $931K · Prior year $770K
+21%
Revenue CAGR
FY2019 $543K · FY2024 $931K
+11%
Net-asset trend (YoY)
End of year $1.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $931K · Expenses $788K
+15%
Liabilities-to-Assets
Total liabilities — · Total assets $1.7M
Net-asset ratio
Net assets $1.5M · Total assets $1.7M
91%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $302K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.7M
18%
People & payroll
Highest Reported Total Compensation
Individual Tricia Cunningham · Reported title EXECUTIVE DI · Highest reported compensation $90K · Total expenses $788K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $386K · Total expenses $788K
49%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 5%
Fundraising cost ratio 10%
Revenue growth 21%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$44K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$931K revenue · viewing · ⤓ 990 PDF
FY2024$770K revenue · ⤓ 990 PDF
FY2023$826K revenue · ⤓ 990 PDF
FY2022$712K revenue · ⤓ 990 PDF
FY2021$649K revenue · ⤓ 990 PDF
FY2020$543K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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