MY PLACE HOME FOR THE HOMELESS (EIN 463408363) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

PASTOR REGINALD E KERR

Phone

7168951353

Tax Period

2024-01-01 to 2024-12-31

MY PLACE HOME FOR THE HOMELESS, founded in 2014, is a small nonprofit in the Housing & Shelter sector that reported $788K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $888K exceeded revenue, resulting in a 13% operating deficit.

Mission

AIDING PERSONS WHO ARE IN NEED OF FOOD, CLOTHING, AND SHELTER.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $729,950

Program Service Revenue $56,616

Investment Income $0

Other Revenue $1,125

TOTAL REVENUE $787,691

Expense Breakdown

Grants Paid $0

Salaries & Benefits $502,584

Fundraising Expenses $0

Program Expenses $763,307

Other Expenses $385,699

TOTAL EXPENSES $888,283

Year-over-Year Comparison

	2024	2023	Change
Revenue	$787,691	$1,233,117	-0.4%
Expenses	$888,283	$678,289	+0.3%
Net Income	$-100,592	$554,828	-1.2%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

$10,904

Total Directors

$10,904

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VALERIE C SHROPSHIRE	DIRECTOR	5.00	Director	$0	$0	$0
REANIECE E CURTIS	DIRECTOR	5.00	Director	$0	$0	$0
PASTOR REGINALD E KERR	PRESIDENT	40.00	Officer Director	$0	$0	$0
AIYANA SALTERS OGUNNIRAN	TREASURER	10.00	Officer Director	$10,904	$0	$10,904
RENEE MURRILL	CEO/EXECUTIVE DIRECTOR	40.00	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
2024	$787,691	$888,283	$2,391,436	$-100,592
2023	$1,233,975	$776,532	$2,198,211	$457,443
2023	$1,233,117	$678,289	$2,328,331	$554,828
2022	$240,071	$284,229	$20,393	$-44,158
2021	$164,313	$208,313	$125	$-44,000
2020	$278,292	$315,929	$44,125	$-37,637
2019	$422,263	$413,277	$91,561	$8,986
2018	$436,331	$370,003	$86,947	$66,328

MY PLACE HOME FOR THE HOMELESS