Up 3.2% from $3,614,876 in fiscal 2023.
Homeward Bound Pet Adoption Center Inc
Blackwood, New Jersey - EIN 20-0549531 - Latest filing: fiscal 2024 (Jan 1, 2024 - Dec 31, 2024)
How to read this page: every figure below is from the fiscal-2024 Form 990, filed Jun 18, 2026. People named below are shown as reported on the fiscal-2024 Form 990, filed Jun 18, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.
Homeward Bound Pet Adoption Center Inc reported $3,730,947 in revenue and $3,620,138 in expenses in fiscal 2024, a surplus of $110,809 for the year. Program services took $3,148,554 of expenses, or 87.0%. The organization closed the year with $1,840,543 in net assets - about 6.1 months of expenses at the fiscal-2024 spending level.
At a Glance - Fiscal 2024
All values are fiscal 2024 unless a tile says otherwise.
Revenue minus expenses: $110,809 in fiscal 2024.
$3,148,554 of $3,620,138 went to program services.
Total assets $2,045,205 minus total liabilities $204,662.
Kenneth Steranski, Executive Director, as reported on the fiscal-2024 Form 990, filed Jun 18, 2026. Total across all compensation columns.
Plus 271 volunteers reported on the fiscal-2024 Form 990.
Money In, Money Out - Fiscal 2024
Revenue and expenses as reported on the fiscal-2024 Form 990, filed Jun 18, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.
Where the Money Went - Fiscal 2024
Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2024: $0.06 - $177,315 in fundraising expenses divided by $2,839,475 in total contributions.
Where the Money Came From - Fiscal 2024
| Source | Fiscal 2024 |
|---|---|
| Total Contributions | $2,839,475 |
| Fundraising Events | $62,296 |
| Government Grants | $1,992,257 |
| All Other Contributions | $784,922 |
| Program Service Revenue | $681,714 |
| Investment Income | $209,758 |
| Other Revenue | $0 |
| Total Revenue (All Sources) | $3,730,947 |
Reserves and Balance Sheet - Fiscal 2024
Reserves and Runway
of reserves - $1,840,543 in net assets at the end of fiscal 2024, divided by average monthly expenses of about $301,678 in fiscal 2024.
Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.
Balance Sheet - End of Fiscal 2024
| Total Assets | $2,045,205 |
| Total Liabilities | $204,662 |
| Liabilities as Share of Assets | 10.0% |
| Net Assets | $1,840,543 |
Leadership Pay - Fiscal 2024
Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2024 Form 990, filed Jun 18, 2026.
| Name and Title, as Reported | Total Pay - Fiscal 2024 | Share of Expenses |
|---|---|---|
| Kenneth Steranski - Executive Director | $130,000 | 3.59% |
The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.
Board and Governance - Fiscal 2024
Board and policy answers as reported on the fiscal-2024 Form 990, filed Jun 18, 2026.
Board Roster - as Reported on the Fiscal-2024 Form 990
6 voting members, 6 independent - independence count as reported on the fiscal-2024 Form 990.
| Name, as Reported | Role, as Reported |
|---|---|
| Kenneth Steranski | Executive Director |
| Michelle Zebrowski | President |
| Hazel Thompson | Vice President |
| Elizabeth Dugan | Treasurer |
| Karen Teller | Secretary |
| Michael Murphy | Board Member |
| James Pietras | Board Member |
| Philip Guida | Vice President - Until Sept. 2024 |
Governance Policy Flags - Fiscal 2024
Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.
Grants - Fiscal 2024
Grants Made - Fiscal 2024
This organization reported $0 in grants paid and filed no Schedule I for fiscal 2024. The page states that directly instead of leaving a blank grants section. Grantmaking organizations show a full recipient list in this section - recipient name, amount and stated purpose, as reported.
Trend - Revenue
Years are shown only where a filing is held. Missing years are absent, never filled in.
| Fiscal Year | Revenue | Change |
|---|---|---|
| Fiscal 2023 (Prior-Year Column on the Fiscal-2024 Filing) | $3,614,876 | - |
| Fiscal 2024 | $3,730,947 | +3.2% |
This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.
Filings on Record
| Tax Period | Form | Status | Source |
|---|---|---|---|
| Jan 1, 2024 - Dec 31, 2024 | Form 990 | In Force - Filed Jun 18, 2026 | Original Filing at the IRS |
If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.