ROSWELL, GA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)HOMESTRETCH INC, founded in 1991, is a small nonprofit that reported $809K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $1.3M exceeded revenue, resulting in a 66% operating deficit.
HOMESTRETCH SUPPORTS AND GUIDES WORKING, HOMELESS FAMILIES TOWARD STABILITY IN FINANCES, EMPLOYMENT, HOUSING AND FAMILY-LIFE. THEIR GOAL IS THAT EACH GRADUATING FAMILY MOVES INTO PERMANENT, SUSTAINABLE HOUSING WITH IMPROVED EMPLOYMENT, REDUCED DEBT AND MOST IMPORTANTLY THE SKILLS AND KNOWLEDGE TO PREVENT FUTURE HOMELESSNESS. HOMESTRETCH OFFERS HOMELESS PARENTS AND THEIR CHILDREN A SAFE PLACE TO LIVE WHILE HELPING THEM ADDRESS THE ROOT CAUSES OF THEIR SITUATION AND RETURN TO A LIFE OF SELF-RELIANCE AND STABILITY. THROUGH THE WORK OF DEDICATED STAFF, VOLUNTEER MENTOR TEAMS, JOB COACHING AND LIFESKILLS WORKSHOPS, FAMILIES ARE ARMED WITH IMPORTANT TOOLS THEY NEED TO SUCCEED.
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%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $808,726 | $711,874 | +0.1% |
| Expenses | $1,339,235 | $1,160,347 | +0.2% |
| Net Income | $-530,509 | $-448,473 | +0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BOB HAGAN | PRESIDENT EMERITUS | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GORDON OWENS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GREG SOLHEIM | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM SAVAGE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM TAYLOR | TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| KENNETH ALLEN | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| LEE HOLLINGSWORTH | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID WHITE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LYNN ADCOCK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MATT MILLARD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| STEPHEN CLAUSEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TONY BURK | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| WILL COLLEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TONY KIRK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHERYL CARTER | EXECUTIVE DIRECTOR | 55.00 |
Officer
|
$88,471 | $22,523 | $110,994 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $808,726 | $1,339,235 | $2,321,971 | $-530,509 |
| 2024 | $711,874 | $1,160,347 | $2,650,311 | $-448,473 |
| 2024 | No data | No data | No data | No data |
| 2023 | $740,517 | $943,854 | $3,059,835 | $-203,337 |
| 2023 | $808,115 | $957,035 | $3,033,490 | $-148,920 |
| 2022 | $838,369 | $945,855 | $3,204,962 | $-107,486 |
| 2021 | $1,060,511 | $1,028,926 | $3,292,562 | $31,585 |
| 2020 | $1,064,689 | $943,725 | $3,443,606 | $120,964 |
| 2019 | $1,081,647 | $1,090,262 | $3,061,486 | $-8,615 |
| 2018 | $1,245,158 | $1,133,142 | $3,121,153 | $112,016 |
Compare HOMESTRETCH INC with other nonprofits in Georgia and across the country.