Tomorrows Home Foundation Inc
- Assets
- $426.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 01/2000
- Data as of
- 12/2023
- EIN
- 39-1967627
Organization Overview
Tomorrows Home Foundation Inc is located in Madison, WI. The organization was established in 2000. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tomorrows Home Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Tomorrows Home Foundation Inc generated $128.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $105.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO BENEFIT SOCIETY BY THE USE OF PRODUCTS AND SERVICES OF THE MANUFACTURED HOUSING INDUSTRY; TO FOSTER ENVIRONMENTAL HEALTH AND ASSIST IN RECYCLING EFFORTS OF MANUFACTURED HOUSING PRODUCTS; TO PROVIDE EDUCATIONAL ASSISTANCE FOR MANUFACTURED HOUSING PROGRAMS SPONSORED OR ENDORSED BY THE FOUNDATION, THE MANUFACTURED HOUSING EDUCATION INSTITUTE OR THE WISCONSIN HOUSING ALLIANCE.WE WERE ABLE TO ADMINISTER A HEATING AND COOLING ASSISTANCE GRANT (FOR WATER HEATERS, FURNACES AND MEDICALLY NECESSARY AIR CONDITIONERS) FROM WHEDA THROUGHOUT THE YEAR. TOMORROW'S HOME FOUNDATION ASSISTED 38 FAMILIES WITH CRITICAL HOME REPAIRS IN 2023. ITEMS PROVIDED FOR FAMILIES INCLUDE NEW ROOFS, FURNACES, WATER HEATERS, WINDOWS, DOORS, PLUMBING, ELECTRICAL AND MORE CRITICAL ITEMS TO ASSIST LOW INCOME PEOPLE STAY IN THEIR HOMES. A TOTAL OF $88,987 WAS SPENT ON THESE CRITICAL HOME REPAIRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Bliss Chair | 1 | $0 | |
Ross Kinzler Vice Chair | 1 | $0 | |
Mark Flood Secretary/treasurer | 1 | $0 | |
Joanne Stevens Director | 1 | $0 | |
Dave Reynolds Director | 1 | $0 | |
John Scharlau Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,432 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9,382 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,245 |
| Total Revenue | $128,059 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $12,830 |
| Occupancy, rent, utilities, and maintenance | $1,000 |
| Printing, publications, postage, and shipping | $1,017 |
| Other expenses | $667 |
| Total expenses | $105,172 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $398,041 |
| Other assets | $0 |
| Total assets | $426,887 |
| Total liabilities | $47,115 |
| Net assets or fund balances | $379,772 |