Homeward Bound Inc
- Assets
- $272.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Michigan City, IN
- Founding
- 04/2017
- Data as of
- 12/2021
- EIN
- 81-4250048
Organization Overview
Homeward Bound Inc is located in Michigan City, IN. The organization was established in 2017. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., 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. Homeward Bound 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 12/2021, Homeward Bound Inc generated $47.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (41.0%) each year. All expenses for the organization totaled $22.6k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PUBLIC CHARITY (509)(A)(2) CREATED TO PROVIDE HOUSING AND OTHER ASSISTANCE TO HOMELESS IN LAPORTE COUNTY, INDIANA
Describe the Organization's Program Activity:
Part 3
PUBLIC CHARITY (509)(A)(2) CREATED TO PROVIDE HOUSING AND OTHER ASSISTANCE TO HOMELESS IN LAPORTE COUNTY, INDIANA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Kelly Director | 2 | $0 | |
Patrick Cannon Director | 8 | $0 | |
John Vander Wagen Treasurer | 8 | $0 | |
Edward Merrion Director | 3 | $0 | |
Shirley Caylor Director | 3 | $0 | |
Roger Potratz Director | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,600 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $15,239 |
| Gain or Loss | $1,499 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,338 |
| 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 | $7,880 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,961 |
| Total expenses | $22,562 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $241,806 |
| Other assets | $0 |
| Total assets | $272,210 |
| Total liabilities | $0 |
| Net assets or fund balances | $272,210 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Homeward Bound Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Michigan City Community Enrichment Corp Michigan City, IN PURPOSE: RENTAL ASSISTANCE | $10,000 |
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