Homeless Prevention Center
- Assets
- $470.7k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 19
- Location
- Rutland, VT
- Founding
- 05/2004
- Data as of
- 06/2022
- EIN
- 55-0822651
Organization Overview
Homeless Prevention Center is located in Rutland, VT. The organization was established in 2004. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Homeless Prevention Center employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homeless Prevention Center 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 06/2022, Homeless Prevention Center generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $979.5k during the year ending 06/2022. While expenses have increased by 3.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HPC WORKS TO PREVENT AND ELIMINATE HOMELESSNESS IN OUR COMMUNITY. HOW WE DO THAT DEPENDS ON THE NEEDS AND GOALS OF THE PEOPLE WE WORK WITH. IT COULD BE PROVIDING RENTAL ASSISTANCE; HELPING SOMEONE FIND AN AFFORDABLE APARTMENT; ASSISTING A FAMILY IN THE EVICTION PROCESS; OR HELPING PEOPLE MANAGE OTHER CHALLENGES IN THEIR LIFE. OUR SERVICES ARE FREE TO PARTICIPANTS AND SUPPORTED BY GRANTS AND PRIVATE DONATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S ACTIVITIES ARE PRIMARILY TO PROVIDE A TRIAGE CENTER FOR HOMELESS FAMILIES AND INDIVIDUALS. THE ORGANIZATION PROVIDES "WRAP-AROUND" SERVICES THAT STREAMLINE THE PROCESS OF SERVING THE NEEDS OF HOMELESS INDIVIDUALS, TEENS AND FAMILIES WITH CHILDREN. AS A STARTING POINT FOR HOMELESS INDIVIDUALS WE ESTABLISH SAFETY BY ENSURING TEMPORARY HOUSING. THE ORGANIZATION ASSISTS HOMELESS INDIVIDUALS WITH FILLING OUT APPLICATIONS, FOLLOWING UP ON LANDLORD REFERRALS, AND SECURING FINANCING TO OBTAIN PERMANENT HOUSING. AFTER A FAMILY OR INDIVIDUAL OBTAINS HOUSING, THE ORGANIZATION PROVIDES IN-HOME SUPPORT FOR UP TO A YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angus Chaney Executive Di | Officer | 40 | $67,057 |
Tonya Magoon Vice Preside | OfficerTrustee | 2 | $0 |
Justin Classen President | OfficerTrustee | 2 | $0 |
Jay Kullman Treasurer | OfficerTrustee | 2 | $0 |
Randal Smathers Secretary | OfficerTrustee | 2 | $0 |
Michael Reeves Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,032,864 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,083 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,058,947 |
| Total Program Service Revenue | $0 |
| Investment income | $840 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,823 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,117,286 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $252,426 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $67,057 |
| Compensation of current officers, directors, key employees. | $13,411 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $470,841 |
| Pension plan accruals and contributions | $5,876 |
| Other employee benefits | $25,083 |
| Payroll taxes | $42,112 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,495 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,731 |
| Advertising and promotion | $1,727 |
| Office expenses | $24,877 |
| Information technology | $8,326 |
| Royalties | $0 |
| Occupancy | $35,503 |
| Travel | $3,229 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $107 |
| Insurance | $35,658 |
| All other expenses | $0 |
| Total functional expenses | $979,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $358,886 |
| Savings and temporary cash investments | $108,308 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,500 |
| Net Land, buildings, and equipment | $35 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $470,729 |
| Accounts payable and accrued expenses | $1,315 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,315 |
| Net assets without donor restrictions | $428,838 |
| Net assets with donor restrictions | $40,576 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $470,729 |
Grants Awarded
Over the last fiscal year, Homeless Prevention Center has awarded $76,050 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Rutland, VT PURPOSE: COMBAT HOMELESSNESS | $65,250 |
Rutland, VT PURPOSE: ASSIST VICTIMS OF DO | $10,800 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Homeless Prevention Center has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Vermont Community Foundation Middlebury, VT PURPOSE: GENERAL PURPOSE | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Braverhood Ltd Brooklyn, NY | $56,044,966 | $113,467,057 |
Coordinated Behavioral Care Inc New York, NY | $25,699,878 | $79,934,258 |
Success Academy Charter Schools Inc New York, NY | $162,966,057 | $99,368,525 |
Baker Hall Lackawanna, NY | $43,415,308 | $53,649,609 |
Tiegerman School Glen Cove, NY | $36,938,898 | $36,850,171 |
Proteus Fund Inc Amherst, MA | $47,115,132 | $46,264,432 |
Teach For All Inc New York, NY | $63,275,692 | $50,938,774 |
Lsny Bronx Corporation New York, NY | $9,256,880 | $24,578,698 |
Boston Plastic & Oral Surgery Foundation Inc Boston, MA | $28,248,674 | $23,739,730 |
El Education Inc New York, NY | $28,362,379 | $30,858,452 |
John A Coleman School Yonkers, NY | $5,649,439 | $19,245,814 |
Halo Network Inc Amityville, NY | $5,984,377 | $20,823,404 |