Liabilities / Assets
67th percentile
Higher debt load relative to assets than 67% of similar nonprofits.
EIN 46-3136785 • 501(c)3 • Rockland, ME
Profile
Knox County Homeless Coalition's (KCHC) mission is to be the center of excellence in breaking cycles of poverty and homelessness in mid-coast Maine. KCHC offers a comprehensive approach to helping vulnerable people build productive and self-sustaining lives by providing intensive wraparound client care as well as shelter when possible. Everything KCHC does is delivered with respect, dignity and genuine caring, delivering on a promise of home, help and hope.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
67th percentile
Higher debt load relative to assets than 67% of similar nonprofits.
Liabilities / Revenue
63rd percentile
Higher debt load relative to revenue than 63% of similar nonprofits.
Net Margin
59th percentile
Higher net margin than 59% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
78th percentile
Faster asset growth than 78% of similar nonprofits.
Revenue Growth
23rd percentile
Faster revenue growth than 23% of similar nonprofits.
Assets
Up$4,983,222
Up $809,509 (+19%) from 2023
Liabilities
Up$1,462,038
Up $333,839 (+30%) from 2023
Net Assets
Up$3,521,184
Up $475,670 (+16%) from 2023
Revenue
Down$5,262,705
Down $424,328 (-7.5%) from 2023
Expenses
Down$4,787,035
Down $167,983 (-3.4%) from 2023
Net Income
Down$475,670
Down $256,345 (-35%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Knox county homeless coalition (kchc) was founded in 2014 as the result of a grassroots community effort to support homeless individuals and families in midcoast maine. Kchc became a 501(c)3 nonprofit organization in 2014. We then began to develop an innovative approach to comprehensive, holistic, client-centered care that would deliver on our promise of bringing home, help and hope to homeless families. Today, in addition to providing direct services, we are also focused on addressing the root causes of homelessness in midcoast maine, including intergenerational poverty, lack of affordable housing and transportation, and lack of economic opportunities and education. There is no single answer to homelessness-every situation is unique and requires a personalized solution. With the skilled and dedicated attention of our social workers and mental health specialist, we support our clients not only in finding housing opportunities-but equally important-identifying goals that will ensure tha
See Schedule O.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $2,217,960 | $2,906,364 | ▲ $688,404 |
| Pledges and Grants Receivable | $1,024,422 | $1,146,016 | ▲ $121,594 |
| Savings and Temporary Cash Investments | $853,420 | $865,214 | ▲ $11,794 |
| Accounts Receivable | $30,551 | $37,124 | ▲ $6,573 |
| Prepaid Expenses and Deferred Charges | $39,593 | $19,704 | ▼ $19,889 |
| Cash and Non-Interest-Bearing Accounts | $3,430 | $3,431 | ▲ $1 |
| Total Assets | $4,173,713 | $4,983,222 | ▲ $809,509 |
| Other Assets Total | $4,337 | $5,369 | ▲ $1,032 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $738,051 | $750,616 | ▲ $12,565 |
| Accounts Payable and Accrued Expenses | $298,196 | $670,646 | ▲ $372,450 |
| Deferred Revenue | $91,952 | $40,776 | ▼ $51,176 |
| Total Liabilities | $1,128,199 | $1,462,038 | ▲ $333,839 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $2,477,616 | $3,258,926 | ▲ $781,310 |
| Net Assets Without Donor Restrictions | $567,898 | $262,258 | ▼ $305,640 |
| Total Net Assets Fund Balance | $3,045,514 | $3,521,184 | ▲ $475,670 |
| Total Liabilities and Net Assets / Fund Balance | $4,173,713 | $4,983,222 | ▲ $809,509 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,684,247 | $171,170 | $2,855,417 |
| Equipment | $86,241 | $156,530 | $242,771 |
| Land | $135,876 | - | $135,876 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Molly Feeney | Executive Director | FT | $114,644 | $36,206 | $150,850 |
| Matthew Small | Chief Operating Officer | FT | $103,269 | $3,776 | $107,045 |
| Name | Title |
|---|---|
| Leslie Eaton | Chairperson |
| Sarah Sheldon | Vice-Chairperson |
| Caroline Morong | Director |
| David Pio | Director |
| Jay Braatz | Director |
| Jill Delano | Director |
| Rickey Celentano | Director |
| Tom Amory | Director |
| Laura Hopkins | Secretary |
| Charles White | Treasurer |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Securities Publicly Traded | 21 | $739,666 | Quoted Prices |
| Clothing and Household Goods | - | $25,210 | Retail Prices |
| Food Inventory | 158 | $16,212 | Retail Prices |
| Cars and Other Vehicles | 26,157 | $5 | Blue Book Values |
| Total Noncash Contributions | 26,336 | $781,093 | - |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $3,956,963 |
| Other Expenses | $822,591 |
| Total Fundraising Expense | $417,423 |
| Professional Fundraising Fees | $7,481 |
| Grants and Similar Amounts Paid | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $2,340,796 | $356,220 | $220,395 | $2,917,411 |
| Other Employee Benefits | $393,062 | $52,638 | $33,255 | $478,955 |
| Current Officers, Directors, Trustees, and Key Employees | $143,770 | $83,430 | $30,170 | $257,370 |
| Payroll Taxes | $202,469 | $33,203 | $19,667 | $255,339 |
| Occupancy | $120,567 | $7,822 | $6,935 | $135,324 |
| Other Expenses | $25,330 | $78 | $42,171 | $67,579 |
| Depreciation Depletion | $48,623 | $3,929 | $2,152 | $54,704 |
| Information Technology | $39,162 | $5,467 | $8,090 | $52,719 |
| Pension Plan Contributions | $38,640 | $5,906 | $3,342 | $47,888 |
| Fees for Services Other | $35,425 | $5,241 | - | $40,666 |
| Office Expenses | $33,368 | $3,422 | $2,979 | $39,769 |
| Insurance | $25,570 | $3,135 | $2,598 | $31,303 |
| Fees for Services Accounting | - | $20,183 | - | $20,183 |
| All Other Expenses | $11,822 | $3,643 | $3,637 | $19,102 |
| Fees for Services Professional Fundraising | - | - | $7,481 | $7,481 |
| Fees for Services Legal | $4,642 | $580 | $490 | $5,712 |
| Travel | $385 | $4 | $4 | $393 |
| Total Functional Expenses | $3,773,678 | $595,934 | $417,423 | $4,787,035 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $4,832,580 |
| Expenses per Audited Statements | $4,787,035 |
| Total Expenses per Form 990 | $4,787,035 |
| Expenses Not Reported on Form 990 | $45,545 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $7,481 |
“The Form 990 was prepared by an independent outside accounting firm with input from the Organizations Executive Director, Chief Operating Officer, and other staff. The Form 990 was then reviewed by the Executive Director and Chief Operating Officer and circulated to the Board of Directors before it was filed.”
“Each member of the Board of Directors is required to complete a conflict of interest statement before taking a position with the Board and at least annually thereafter. The statement includes a list of all businesses and other organizations of which he or she is an officer, director, member, owner, shareholder, employee, or agent with which Homeworthy has or might be expected to have a relationship or transaction in which the Board member might have a conflicting interest. The Chairperson and Board of Directors review the statements of all Directors in order to guide the conduct of the Board should a conflict arise.”
“The process for reviewing the Executive Directors compensation includes full Board of Directors review, and review of published compensation comparability data from regional reporting organizations. Comparability data is also used by management in determining compensation for other personnel.”
“Homeworthy makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”
“Organizations Mission - The mission of Homeworthy is to break cycles of poverty and homelessness in Midcoast Maine.Summary of Activities - Amidst broken social service and housing systems, Homeworthy innovates to disrupt cyclical poverty and homelessness, focusing on individuals and families strengths, helping achieve sustainable independence; giving the next generation foundations of hope for the future.Nearly a decade ago, we reimagined how homeless services could be delivered to individuals, families, and youth.Through training, lived experience, and community feedback we recognize the importance of building trust, followed by strengths-based, trauma-informed care, delivered with dignity, compassion and respect. We focus on client-specific needs over public funding driven requirements. Many clients arrive traumatized, emotionally hobbled by housing and food insecurity, domestic violence, unresolved physical or mental health issues, and inadequate life-coping abilities. Part III - The Organizations MissionThe people we serve are often caught in a generational loop of poverty and homelessness, wedged between stagnant employment opportunities and soaring housing costs. They need practical resourceshousing, education, transportation, childcare, health and wellness, and educationbut also predictable trust-based relationships, to help them move from crisis to stability. The traditional role of case management is to connect clients to services, but traumatic histories often prevent clients from following through without trusted support by their side. By allowing our case managers to do the right thing for each client along with post-housing support (Aftercare) were seeing a 95%+ success rate of housed clients remaining stable 1+ years later. Once stably housed, this is often where the real work begins as clients seek employment, further education; enter therapy; work on parenting; recover from substance abuse or domestic violence etc. Our commitment to Aftercare services helps stabilize families giving young children a solid foundation. Our programming for high-risk youth (many not homeless yet) rounds out our multigenerational approach to community-wide systemic change helping redirect trajectories so todays teens dont end up as tomorrows homeless or impoverished adults. With one of the oldest populations in the country, Maine children have been a precious resource. However, without stable housing, youth are far more likely to experience additional difficulties on into adulthood. This only exacerbates the economic and opportunity disparities that this region is seeing. Our holistic approach fills a community gap where most services only provide a piece of the puzzle. Beyond helping make connections we then support the followthrough so needs actually get met and progress is made.”
“Homeworthy has adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than not be sustained upon examination by taxing authorities. It is the opinion of management that Homeworthy has no uncertain positions that qualify for recognition or disclosure in the financial statements.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Desc | 0 | Case Management - Our professional client care team assists homeless individuals and families as they transition from crisis and uncertainty to stability and hope. Every person who enters our program is unique, and so each plan for care and support is tailored to evaluate and address their most urgent needs on an economic, physical, emotional/psychological and vocational level. Our thorough intake process begins with a psychosocial assessment that cuts to the heart of the causes of homelessness. Building on a relationship of trust and compassion, we help our clients set goals and connect to the support they need to meet them. This could mean simply some help with finding another job after loss of one, or as complex as navigating paperwork to qualify for social security/services; connections to health services; support with addiction recovery; or legal issues related to domestic violence. Our dedicated case managers use a combination of compassion and creativity to find ways to empower clients to meet their goals, including finding housing, but also maintaining stability in the long term. Identifying strengths and building confidence is an essential part of the process of helping clients move forward, step by step, towards greater independence. While securing housing is a huge step forward, it also introduces new challenges. Support continues during this tender transition to ensure that clients have the resilience to maintain their independence and continue to make progress on their goals. Post-housing support is a critical phase, since many people are only emotionally ready to benefit from access to life-skills education, financial literacy, career training and mental health once they are stably housed. Home visits, transportation and child supervision are provided so clients can take care of building their skills and their physical and mental health. It is a slow process that cant be rushed, but is critical to the lasting change that prevents the cycle of poverty and homelessness from repeating itself. |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Chairperson |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Vice-Chairperson |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Treasurer |
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| IRS990/OtherExpensesGrp/Desc | 0 | Client support |
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| IRS990/PrincipalOfficerNm | 0 | Molly Feeney |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Family Shelter - The Hospitality House is a short term family shelter designed to provide families a place to call home until they can secure permanent housing. Located in a renovated Rockport farmhouse, Hospitality House can accommodate up to 22 individuals at a time, half of whom are often children. We offer a caring, safe environment, balanced with structured programming that keeps clients accountable while supporting the family in moving to independent living. A Case Manager and Housing Navigator support the process of finding housing and moving forward on goals while encouraging peer support. |
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| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | Youth Programming - Our low barrier youth programming offers tangible support and opportunities for hundreds of youth per year, both at our drop in center and through community outreach, to change the trajectory of their lives. More than half of the youth we currently serve have experienced 4+ adverse childhood experiences (ACEs), such as a parent with mental health or substance use issues, domestic violence, or an incarcerated parent putting them at a higher risk for negative outcomes in adulthood. The Landing Place is our comprehensive youth program, which provides resources for highly resilient but often marginalized youth who are at high risk for becoming homeless. In cooperation with local schools, we are working to mitigate the impact of multi-generational patterns of adversity caused by poverty, lack of education, ill health, and sometimes even violence and neglect. Our low-barrier drop-in center has continuedd to provide easy access for youth to free food, supplies, and a warm welcome. Youth can connect with trauma-informed adults who provide non-judgmental support with relationships, sexual health, school issues, and other needs. The drop-in center offers enrichment activities, low-barrier mental health services, community service projects, and generally serves as a bridge to school, home, and community. Case management is available to youth through the center and now directly at the local high school. Through our extensive outreach efforts we work with 60 partners to provide a robust community network of support for our youth. As with all of our programsthe basis of trust, respect, dignity and genuine caring and a focus on building confidence based on an individuals strengths is in place. |
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| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | Housing - In 2025, Our Talbot Avenue affordable housing project will yield 10 units of affordable housing. It continues to move forward in partnership with Midcoast Habitat for Humanity and Maine State Housing. The project will be a balanced small footprint housing community in Rockland, with opportunities for both rental and home ownership. Collaboration with MaineHousing, Midcoast Habitat for Humanity and the state prison building-trades program brings our housing construction costs in at a third to half of commercial costs.Our Transitional Living Program offers a pathway to housing stability for emancipated minors and young adults. This residential supportive programming is co-located with our youth services. In addition to transitional age housing, we also operate 2 units of housing in Rockland to support adults who are at risk of housing and need a stable living environment to get back on their feet. |
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