HOMES FOR YOUTH INC

EIN: 471768022 501(c)(3) Human Services

Flat Rock, NC

Total Revenue
$45,529
Total Expenses
$80,709
Total Assets
$766,610
Net Assets
$529,530
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NC
Principal Officer
Richard Kauffold
Phone
8282421026
Tax Period
2025-01-01 to 2025-12-31

HOMES FOR YOUTH INC, founded in 2014, is a micro nonprofit in the Human Services sector that reported $46K in total revenue in fiscal year 2025. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $81K exceeded revenue, resulting in a 77% operating deficit.

Mission

Provided homes for homeless children sibling groups overseen by professional foster parents while natural parents receive therapy and other assistance in order for the families to reunify. The organization has a partnership with Crossnore Communities for Children which provides licensed foster parents, case work, therapy, and other services intended to put families back together and sustain their future. Homes for Youth provides houses with living space, bedrooms, and adequate kitchen and dining facilities, while also providing maintenance and repair coverage for the homes.

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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 $26,496
Program Service Revenue $0
Investment Income $3,533
Other Revenue $15,500
TOTAL REVENUE $45,529

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $80,709
Other Expenses $80,709
TOTAL EXPENSES $80,709

Year-over-Year Comparison

2025 2024 Change
Revenue $45,529 $108,322 -0.6%
Expenses $80,709 $50,294 +0.6%
Net Income $-35,180 $58,028 -1.6%
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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Governance

Voting Members
7
Independent Members
7
Employees
N/A
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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Judi Moolten President 4.00
Officer
$0 $0 $0
Thomas Clyde Vice President 6.00
Officer
$0 $0 $0
Andrea Garber Secretary 3.00
Officer
$0 $0 $0
Richard Kauffold Treasurer 6.00
Officer
$0 $0 $0
Kelly Burgin Board Member 1.00
Director
$0 $0 $0
James Rudd Board Member 1.00
Director
$0 $0 $0
Tyler Sams Board Member 1.00
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
2025 $45,529 $80,709 $766,610 $-35,180
2024 $108,322 $50,294 $808,611 $58,028
2023 $312,474 $32,409 $756,867 $280,065
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