The Homes for Children Corporation (EIN 204417114) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

Kristen Vincent

Phone

6826265228

Tax Period

2024-01-01 to 2024-12-31

The Homes for Children Corporation, founded in 2006, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2024. The organization ran a surplus of $1.0M, a strong 85% operating margin.

Mission

The mission of Homes for Children Corporation is to provide hope and healing to troubled youth who are at-risk abused and neglected so they can become independent productive adults.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,102,712

Program Service Revenue $115,628

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,218,340

Expense Breakdown

Grants Paid $175,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $185,060

Other Expenses $10,036

TOTAL EXPENSES $185,036

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,218,340	$1,240,818	0.0%
Expenses	$185,036	$125,546	+0.5%
Net Income	$1,033,304	$1,115,272	-0.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Donte Houston	Board President	20.00	Officer Director	$0	$0	$0
Chelsea Allen	Board Vice President	15.00	Officer Director	$0	$0	$0
Wilma May	Secretary	25.00	Officer Director	$0	$0	$0
Audrey irving	Treasurer	10.00	Officer Director	$0	$0	$0
Raven Brown-McKinney	Board Member	15.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,218,340	$185,036	$1,726,751	$1,033,304
2023	$847,458	$154,011	$693,447	$693,447

The Homes for Children Corporation