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Human Services : Children's and Family Services

Homestretch

Empowering Families to Rebuild Lives

three stars

86.36

303 South Maple Avenue Suite 400
Falls Church, VA 22046
tel: (703) 237-2035   Web Site
EIN: 54-1894391

Board Leadership
Patricia Tetro
Chair

CEO
Christopher Fay
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 86.36 three stars
  Financial 81.13 three stars
  Accountability & Transparency 96.00 four stars
This rating was published 08/01/2020 and includes data from FY2019, the most recent 990 received at that time.

The mission of Homestretch is to empower homeless families with children living in Virginia to attain permanent housing and self-sufficiency by giving them the skills, knowledge and hope they need to become productive participants in the community. Since our inception in 1990, we have assisted over 1,500 families to achieve stability and self-sufficiency. The aim is to surround the homeless families with such vigorous supports that they can address the multiple barriers in their path and make as dramatic progress as possible while they are in Homestretch.

The mission of Homestretch is to empower homeless families with children living in Virginia to attain permanent housing and self-sufficiency by giving them the skills, knowledge and hope they need to become productive participants in the community. Since our inception in 1990, we have assisted over 1,500 families to achieve stability and self-sufficiency. The aim is to surround the homeless families with such vigorous supports that they can address the multiple barriers in their path and make as dramatic progress as possible while they are in Homestretch.

Impact Information

GuideStar is Charity Navigator's trusted partner in sharing information on how this organization seeks impact.  GuideStar has recognized this organization with a Platinum Seal of Transparency for voluntarily and publicly sharing information about how they measure their progress and results.  Learn More about Impact Information.
Reported Results
Showing 3 of 5
Total in 2018
Number of households that obtain/retain permanent housing for at least 6 months
15
Number of clients and family who did not complete the entirety of the program
2
Number of low-income families housed in affordable, well-maintained units as a result of the nonprofit's efforts
50
Average amount of client savings upon exiting Homestretch (in dollars)
3,832
Average client credit score
615
This impact information is current as of August 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

81.13

Accountability & Transparency

four stars

96.00

This rating was published 08/01/2020 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
82.5%
  Administrative Expenses 12.3%
  Fundraising Expenses 5.0%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 0.29
  Program Expenses Growth 4.4%
  Liabilities to Assets 88.4%
All data for Financial Performance Metrics calculations was provided by Homestretch on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Homestretch on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Homestretch (VA) 86.36 three stars
Room to Grow (NY) 91.21 four stars
Stronger Families (WA) 89.36 three stars
Jewish Family Service of Metrowest New Jersey (NJ) 87.18 three stars
Invest in Kids (CO) 89.79 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,249,398
   Federated Campaigns $15,299
   Membership Dues $0
   Fundraising Events $417,501
   Related Organizations $0
   Government Grants $55,242
Total Contributions $2,737,440
   Program Service Revenue $448,922
Total Primary Revenue $3,186,362
   Other Revenue $26,443
TOTAL REVENUE $3,212,805
   
EXPENSES  
   Program Expenses $2,590,491
   Administrative Expenses $320,044
   Fundraising Expenses $137,864
TOTAL FUNCTIONAL EXPENSES $3,048,399
   
Payments to Affiliates $0
Excess (or Deficit) for the year $164,406
   
Net Assets $872,573

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 08/01/2020 86.36 three stars
2019-06 07/01/2020 82.95 three stars
2018-06 08/01/2019 81.74 three stars
2017-06 08/01/2018 86.27 three stars
2016-06 04/01/2018 83.56 three stars
2016-06 11/01/2017 80.64 three stars
2015-06 04/01/2017 81.83 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 54-1894391
Name in IRS Master File HOMESTRETCH INC
NTEE Code P20
NTEE Classification Human Service Organizations - Multipurpose
NTEE Type Human Services - Multipurpose and Other
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (994) Described in section 170(b)1)(a)(vi) of the Code
(399) Other housing activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date July, 1998
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$125,795 4.12% Christopher Fay Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Homestretch (VA) 86.36 three stars
Jewish Family Services of Middlesex County (NJ) 89.02 three stars
Triangle Family Services (NC) 86.05 three stars
Center for Child & Family Services (VA) 89.74 three stars
The Korean-American Family Service Center, Inc. (NY) 89.16 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Homestretch
303 South Maple Avenue
Suite 400
Falls Church, VA 22046
tel: (703) 237-2035
fax: (703) 237-4540
TTY: (703) 237-2268
EIN: 54-1894391

Visit Web Site

Board Leadership

Patricia Tetro
Chair

CEO

Christopher Fay
Executive Director

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