P — Human ServicesEIN: 411223085· Ruling Year: 1973

Homeward Bound Inc

Plymouth, Minnesota

B-Health Score
50B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.26×
Peer Median7.39×
💰
$19.1M
Total Revenue
📊
$20.0M
Total Expenses
🏦
$5.1M
Net Assets
📋
$6.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-9.6%
Year-over-year change (2022 → 2023)
Net Margin
-4.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.26
Net assets divided by total expenses
Liabilities-to-Assets
56.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$19,103,964↓10%$19,965,653↓3%$11,781,534↑17%
2022$21,134,110↑2%$20,564,728↑5%$10,092,679↑4%
2021$20,805,285↑19%$19,497,071↑5%$9,682,680↓9%
2020$17,501,323↑9%$18,520,973↑12%$10,697,858↑14%
2019$15,994,700↑1%$16,488,325↑6%$9,419,495↓6%
2018$15,885,980↑2%$15,619,868↑2%$10,064,054↑1%
2017$15,599,546↑6%$15,361,735↑3%$9,957,779
2016$14,763,216↑7%$14,849,405↑9%$9,935,878
2015$13,751,835↑6%$13,613,369↑8%$9,898,360↑2%
2014$13,029,272↑4%$12,628,330↑5%$9,661,173↑11%
2013$12,558,084↑3%$12,066,281↑2%$8,678,284↑3%
2012$12,196,031↑1%$11,877,723↑2%$8,462,697↑3%
2011$12,061,282$11,621,532$8,223,907

Frequently Asked Questions

What does Homeward Bound Inc do?▼

Homeward Bound Inc is a human services nonprofit organization based in Minnesota. It is classified under NTEE code P730 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Homeward Bound Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Homeward Bound Inc has a score of 50/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Homeward Bound Inc generate?▼

Homeward Bound Inc reports $20.5M in annual revenue and holds $12.2M in total assets, based on IRS filings.

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Homeward Bound Inc — Plymouth, MN | GiveScope