Homeworthy EIN 46-3136785

Homeworthy FY2020 filing

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Provides tangible support and opportunities for hundreds of youth per year to change the trajectory of their lives. For fiscal year 2020 it reported $3.8M in revenue, $2.9M in expenses, and $1.4M in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Rockland, ME
Website
www.homehelphope.org
Filings
5 on file (2020–2020)
Revenue
$3.8MFY2020
Expenses
$2.9M
Net assets
$1.4M
People
14
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-3136785 Public charity (501(c)(3)) Rockland, ME
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 8/22/26 · see original: IRS
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Size
$1–10M
What they do
Provides tangible support and opportunities for hundreds of youth per year to change the trajectory of their lives.
Leadership
Stephanie Primm · Executive Di · $108K
Money in and out
$3.8M revenue, $2.9M expenses
Bottom line
83% program efficiency
Where the money goes · FY2020
Total revenue
$3.8M
Pt VIII · Ln 12
Total expenses
$2.9M
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $905K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.09 Fundraising $0.09
Program efficiency
83%
of spending reaches programs
Operating runway
2.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+24%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$3.8M
FY2020
Expenses
$2.9M
FY2020
Total assets
$2.0M
FY2020
Total liabilities
$617K
FY2020
Total revenue
$3.8M
Pt VIII · Ln 12
Total expenses
$2.9M
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$905K
Total assetsPt X · Ln 16$2.0M
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

3 program services account for $2.4M of program spending, described in the organization's own filed words · FY2020.
01

Comprehensive client care our professional client care team assists homeless individuals and families as they transition from crisis and uncertainty to stability and hope. Every person who enters our program is unique, and so each plan for care and support is tailored to evaluate and address their most urgent needs on an economic…

$1.3Mprogram expense
02

Family shelter the hospitality house family shelter is designed to provide families a place to call "home" until they can secure permanent housing. Located in a renovated rockport farmhouse, hospitality house can accommodate up to 22 individuals at a time, half of whom are often children. The average stay in 2020 was just over 3 months.

$639Kprogram expense
03

Youth services the landing place is our comprehensive youth program, which provides resources for highly resilient but often marginalized youth who are at high risk for becoming homeless. In cooperation with local schools, we are working to mitigate the impact of multi-generational patterns of adversity caused by poverty, lack of…

$488Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHomeworthy
EINHdr · item D46-3136785
Principal addressHdr · item CRockland, ME
WebsiteHdr · item Jwww.homehelphope.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MME
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFJul 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
Executive Di
$107,844Pt VII · Sec A
Vice-Chairpe
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A

Molly Feeney’s $115K as Executive Director is at the 49th percentile of top reported officer pay among 3864 $1–10M human services 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 · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Stephanie Primm$180,515$112,875$98,259
Molly Feeney$114,644
Stephanie Primm$107,844
Matthew Small$103,269

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$3.2M · 85%
Program service revenue$553K · 15%
Contributions & grants85%$3.2M
Program service revenue15%$553K
Other revenue$2K
— government grantsLn 1e$879K
Total revenueLn 12$3.8M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.09 Fundraising $0.09
Program services83%$2.4M
Management & general9%$249K
Fundraising9%$257K
Total functional expensesLn 25$2.9M

Balance Sheet

Part X · end of year
CashLn 1$580K
Total assetsLn 16$2.0M
Total liabilitiesLn 26$617K
Total net assetsLn 32$1.4M
Months of cash on handcomputed2.4

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $580K · Operating expenses (Pt IX) $2.9M · Less non-cash grants $245K · Cash operating expenses/yr $2.6M
2.6 months
Where the money goes
Program services
Program services $2.4M · Total expenses $2.9M
83%
Management & General
Management & general $249K · Total expenses $2.9M
9%
Fundraising
Fundraising $257K · Total expenses $2.9M
9%
Cost to raise $1
Fundraising expense $257K · Solicited contributions $2.4M
$0.11 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $3.2M · Total revenue $3.8M
85%
Government reliance
Government grants $879K · Total revenue $3.8M
23%
Earned-income share
Program service revenue $553K · Total revenue $3.8M
15%
Investment reliance
Investment income $-551 · Total revenue $3.8M
-0.01%
Program self-sufficiency
Program service revenue $553K · Total expenses $2.9M
19%
Growth & trend
Revenue growth (YoY)
This year $3.8M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.8M · Expenses $2.9M
+24%
Liabilities-to-Assets
Total liabilities — · Total assets $2.0M
Net-asset ratio
Net assets $1.4M · Total assets $2.0M
69%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.0M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Stephanie Primm · Reported title EXECUTIVE DI · Highest reported compensation $108K · Total expenses $2.9M
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.2M · Total expenses $2.9M
76%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 9%
Fundraising cost ratio 8%
Legal fee ratio 0.3%
Accounting fee ratio 1%
Fundraising fee ratio 0.6%

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
See all 21 funders →

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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
FY2024 (Latest)$5.3M revenue · ⤓ 990 PDF
FY2023$5.7M revenue · ⤓ 990 PDF
FY2022$4.4M revenue · ⤓ 990 PDF
FY2021$3.9M revenue · ⤓ 990 PDF
FY2020$3.8M revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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