SMILES CHARITY INC

EIN: 271346553 501(c)(3) Housing & Shelter

MCKINNEY, TX

Total Revenue
$482,533
Total Expenses
$451,072
Total Assets
$678,960
Net Assets
$678,960
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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
2009
Legal Domicile
TX
Principal Officer
Janis K Ferris
Phone
9725424412
Tax Period
2023-07-01 to 2024-06-30

SMILES CHARITY INC, founded in 2009, is a small nonprofit in the Housing & Shelter sector that reported $483K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $451K left a modest 7% surplus.

Mission

Smiles Charity is a non-profit organization dedicated to changing the world one home, one family, at a time, by providing mortgage free homes for wounded war veterans and/or first responders.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $461,994
Program Service Revenue $0
Investment Income $22,849
Other Revenue $-2,310
TOTAL REVENUE $482,533

Expense Breakdown

Grants Paid $289,560
Salaries & Benefits $0
Fundraising Expenses $149,150
Program Expenses $289,560
Other Expenses $161,512
TOTAL EXPENSES $451,072

Year-over-Year Comparison

2023 2022 Change
Revenue $482,533 $442,317 +0.1%
Expenses $451,072 $465,648 0.0%
Net Income $31,461 $-23,331 -2.3%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
35

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jennifer S Buchanan DDS President 010.00
Officer Director
$0 $0 $0
Michael J Buchanan Vice President 003.00
Officer Director
$0 $0 $0
Janis K Ferris Treasurer 010.00
Officer Director
$0 $0 $0
Karen Holden Secretary 003.00
Officer 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
2025 No data No data No data No data
2024 $482,533 $451,072 $678,960 $31,461
2023 $442,317 $465,648 $317,499 $-23,331
2022 $533,730 $394,723 $638,268 $139,007
2021 $477,714 $401,056 $499,261 $76,658
2020 $154,217 $72,060 $122,603 $82,157
2019 $313,728 $341,757 $385,034 $-28,029
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