HOMES FOR LIFE FOUNDATION

EIN: 330248725 501(c)(3) Human Services

LOS ANGELES, CA

Total Revenue
$8,666,460
Total Expenses
$8,102,351
Total Assets
$14,375,587
Net Assets
$-10,899,317
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
CA
Phone
3103377417
Tax Period
2025-01-01 to 2025-12-31

HOMES FOR LIFE FOUNDATION, founded in 1987, is a community nonprofit in the Human Services sector that reported $8.7M in total revenue in fiscal year 2025. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $8.1M left a modest 7% surplus.

Mission

TO DEVELOP COMMUNITY HOUSING FOR THE CHRONICALLY MENTALLY DISABLED AND TO DELIVER MENTAL HEALTH AND CASE MANAGEMENT SERVICES TO ITS CLIENTS.

Program Service Accomplishments

Program 1
Expenses: $5,945,705 Revenue: $8,597,040

Homes for life Foundation owns and operates 11 housing sites / facilities for the mentally ill. Many of the residents of these homes receive three nutritious meals daily, as well as planned activity...

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Homes for life Foundation owns and operates 11 housing sites / facilities for the mentally ill. Many of the residents of these homes receive three nutritious meals daily, as well as planned activity programs and care and supervision, as required. Homes for Life Foundation is in the process of developing additional housing projects to care for the mentally ill and also to provide mental health and case management services.

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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 (2025)

Revenue Breakdown

Contributions & Grants $7,199,504
Program Service Revenue $1,397,536
Investment Income $69,420
Other Revenue $0
TOTAL REVENUE $8,666,460

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,889,545
Fundraising Expenses $0
Program Expenses $5,945,705
Other Expenses $4,212,806
TOTAL EXPENSES $8,102,351

Year-over-Year Comparison

2025 2024 Change
Revenue $8,666,460 $7,181,244 +0.2%
Expenses $8,102,351 $7,630,206 +0.1%
Net Income $564,109 $-448,962 -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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
55
Volunteers
N/A

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
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carol Liess Executive Director 40.00
$145,482 $0 $145,482
Nadine Moreno-Fimbres Head of Services 40.00
$143,065 $0 $143,065
Meressa Naftulin Director 1.00
Director
$0 $0 $0
Teri McHugh PhD Director 1.00
Director
$0 $0 $0
Kathryn McBride Director 4.00
Director
$0 $0 $0
Roger Goff JD Director 1.00
Director
$0 $0 $0
Vincent Galloway Director 1.00
Director
$0 $0 $0
Madeleine Mamaux Treasurer 1.00
Director
$0 $0 $0
Elizabeth S Krider PhD Director 1.00
Director
$0 $0 $0
Larry Haramoto Chairman 2.00
Officer
$0 $0 $0
David Stairs Secretary 1.00
Officer
$0 $0 $0
Chris Gundel PhD Vice President 2.00
Officer
$0 $0 $0
Bentley Paul Stansbury JrEdD President 2.00
Officer
$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 $8,666,460 $8,102,351 $14,375,587 $564,109
2024 $7,181,244 $7,630,206 $12,014,981 $-448,962
2023 $7,541,615 $7,867,739 $10,453,298 $-326,124
2022 $7,548,097 $7,764,510 $8,699,070 $-216,413
2021 $7,067,020 $7,443,379 $7,164,098 $-376,359
2020 $6,487,159 $6,869,038 $7,185,847 $-381,879
2019 $6,282,544 $6,696,620 $7,165,992 $-414,076
2018 $5,253,188 $6,123,614 $7,102,072 $-870,426
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