MID FLORIDA HOMELESS COALITION INC

EIN: 593800140 501(c)(3) Human Services

INVERNESS, FL

Total Revenue
$1,996,446
Total Expenses
$1,926,091
Total Assets
$1,312,542
Net Assets
$462,011
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
FL
Principal Officer
CARA MEEKS
Phone
3528602308
Tax Period
2024-01-01 to 2024-12-31

MID FLORIDA HOMELESS COALITION INC, founded in 2000, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $1.9M left a modest 4% surplus.

Mission

TO PROMOTE PARTNERSHIPS THAT WILL REDUCE AND PREVENT HOMELESSNESS IN CITRUS, HERNANDO, LAKE, AND SUMTER COUNTIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,996,446
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,996,446

Expense Breakdown

Grants Paid $609,726
Salaries & Benefits $511,331
Fundraising Expenses $9,592
Program Expenses $1,841,920
Other Expenses $805,034
TOTAL EXPENSES $1,926,091

Year-over-Year Comparison

2024 2023 Change
Revenue $1,996,446 $1,638,791 +0.2%
Expenses $1,926,091 $1,616,396 +0.2%
Net Income $70,355 $22,395 +2.1%
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
13
Independent Members
13
Employees
20
Volunteers
23

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
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARA MEEKS PRESIDENT 0.50
Officer Director
$0 $0 $0
MELISSA SIMMES IMM. PAST PR 0.50
Officer Director
$0 $0 $0
KIM DUCHARME LEVENSOHN SECRETARY 0.50
Officer Director
$0 $0 $0
BE THOMPSON TREASURER 0.50
Officer Director
$0 $0 $0
SHAY-ANNE RAZAIRE BOARD MEMBER 0.50
Director
$0 $0 $0
TIMOTHY MCCORMACK BOARD MEMBER 0.50
Director
$0 $0 $0
JARED TANNER BOARD MEMBER 0.50
Director
$0 $0 $0
DOROTHY HOOKS BOARD MEMBER 0.50
Director
$0 $0 $0
MEGAN ENNIS BOARD MEMBER 0.50
Director
$0 $0 $0
STEPHEN TEASTER BOARD MEMBER 0.50
Director
$0 $0 $0
PAUL TARNOWSKI BOARD MEMBER 0.50
Director
$0 $0 $0
LINDA MOBLEY BOARD MEMBER 0.50
Director
$0 $0 $0
DAWN ROBINSON BOARD MEMBER 0.50
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
2024 $1,996,446 $1,926,091 $1,312,542 $70,355
2023 $1,638,791 $1,616,396 $874,081 $22,395
2022 $2,977,853 $2,896,928 $1,410,316 $80,925
2021 $1,859,651 $1,758,666 $1,269,465 $100,985
2020 $1,261,843 $1,240,986 $393,450 $20,857
2019 $1,011,204 $919,757 $267,843 $91,447
2018 $996,199 $982,930 $212,063 $13,269
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