H.O.M.E. Inc.
Legal name: Home Inc
Overview
Mission
H.O.M.E. Inc. honors the dignity of people experiencing challenging times by providing safe shelter and other critical resources in a vibrant and mutually supportive community.
What it reported doing in 2024
Construction, crafts, and retail operations provided employment, job training, potential home ownership, and life skills to dozens of low income or needy individuals and families located in the coastal/eastern Maine area.
Operating model
- Revenue model
- Donor-supported. 63% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 98% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
Nonprofit profile at a glance
- EIN
- 010287624
- IRS 990 coverage
- 2011–2024
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2024
- Headquarters
- Orland, ME, USA
- Phone
- 207-469-7961
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 94
- Accountability: 84
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 72.8%; rating input score 73
- Fundraising efficiency: $25.76 raised per $1 spent on fundraising; rating input score 65; 65th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 90%; rating input score 90; 23rd percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Limited
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -41.5%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 2.85; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 9.6%; rating input score 38; 38th percentile among comparable filings
Growth
- Program expense growth: 5.8% per year; rating input score 100; 46th percentile among comparable filings
- Revenue growth: 3% per year; rating input score 100; 31st percentile among comparable filings
- Asset growth: 10.7% per year; rating input score 100; 61st percentile among comparable filings
Details
- What they do: 9 programs and campaigns described on the official site · 3 operating locations identified
- Where the money goes: 100% of revenue deployed · 72.8% of spending went to programs
- Governance: 9 of 10 board members independent · 6 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $1.8M in reported program spending
- Leadership: top reported pay $83K · 13 people listed
- Consistency: 34 of 34 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 14 annual filings from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Leadership & pay
13 people listed
Highest reported compensation
- ROSALANI MOORE (EXECUTIVE DI): $83,428 total reported compensation
- SHANNON CARPENTER (FINANCE DIRE): $74,085 total reported compensation
- KAREN BOTTA (STAFF REP): $55,713 total reported compensation
Source: IRS Form 990. Selected filing: FY2024.