HOMEFRONT ROOM REVIVAL

EIN: 812797123 501(c)(3) Public & Societal Benefit

GOLDSBORO, NC

Total Revenue
$203,929
Total Expenses
$197,450
Total Assets
$13,591
Net Assets
$11,213
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Principal Officer
KATELYN TINSLEY
Phone
9106220299
Tax Period
2021-06-01 to 2022-05-31

HOMEFRONT ROOM REVIVAL is a small nonprofit in the Public & Societal Benefit sector that reported $204K in total revenue in fiscal year 2021. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $197K left a modest 3% surplus.

Mission

TO PROVIDE CREATIVE OUTLETS TO IMPROVE RESILIENCY AND ENRICH THE MILITARY LIFE CYCLE.

Program Service Accomplishments

Program 1
Expenses: $196,996 Revenue: $546

TO CONNECT AND RELIEVE A SENSE OF ISOLATION AND DISPEL MILITARY STRESSORS THROUGH CREATIVE ART STUDIO TIME, PERSONAL OUTREACH, AND FACILITATED CONNECTIONS. PROGRAM ACTIVITIES OF 'FURNISH HOPE' HELP...

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TO CONNECT AND RELIEVE A SENSE OF ISOLATION AND DISPEL MILITARY STRESSORS THROUGH CREATIVE ART STUDIO TIME, PERSONAL OUTREACH, AND FACILITATED CONNECTIONS. PROGRAM ACTIVITIES OF 'FURNISH HOPE' HELP TO PROVIDE OUTREACH TO FAMILIES IN NEED THROUGH REPURPOSING OLD FURNITURE INTO CUSTOM HOME FURNISHINGS TURNING EMPTY HOUSES INTO COMFORTABLE HOMES. PROGRAM ACTIVITIES OF 'DEC' THE DEPLOYMENT' PROVIDE OUTREACH AND HANDMADE HOLIDAY HOME DECORATING TO SUPPORT TROOPS AND MILITARY FAMILIES DURING ADVERSE DEPLOYMENTS AND TIMES OF STRUGGLE. PROGRAM ACTIVITIES OF 'STUDIO CONNECTIONS' FACILITATE PERSONAL CONNECTIONS THROUGH SPEED FRIENDING WORKSHOPS AND GROUP CREATIVE ART LESSONS BASED ON UP-CYCLING AND DIY PROJECTS. TO OFFER OPEN ART STUDIO TIME FOR MILITARY FAMILIES TO COME, CONNECT, CREATE, AND HEAL AS WE CHALLENGE EACH OTHER'S SKILL SETS AND COLLABORATE ON CUSTOM DESIGNS. IMPACT OF PROGRAMS PROVIDE A SOFT ENTRY POINT INTO TRADITIONAL MILITARY RESOURCES THUS ENHANCING A SENSE OF BELONGING WITH NATURAL PEER TO PEER MENTORSHIP IN MILITARY LIFE. ON JULY 1, 2022 AFTER THREE YEARS OF OPERATING IN A FIRST OF ITS KIND CONNECTION CENTER ON SEYMOUR JOHNSON AFB, THE NONPROFIT STUDIO OF HOMEFRONT ROOM REVIVAL CLOSED. THE FINANCIALS REPRESENTED IN THIS TAX RETURN REFLECT A PROGRAM YEAR RUN THROUGH A STATE GRANT THAT WAS FULFILLED WITH A GREAT COMMUNITY RESPONSE. DURING THE GRANT YEAR, ALLOCATED RESOURCES WERE ABLE TO BE STRETCHED TO HELP MEET (SOME) OF THE GROWING COMMUNITY DEMAND DUE TO MANY VOLUNTEERS AND COMMUNITY IN-KIND SERVICES AND DONATIONS. DUE TO THE GROWING INCREASE IN COMMUNITY DEMAND FOR CONTINUOUS PROGRAM REQUESTS AND SERVICES THAT CANNOT BE FULFILLED WITHOUT ADEQUATE ORGANIZATIONAL FUNDING FOR SUSTAINABLE GROWTH, THE STUDIO OF HOMEFRONT ROOM REVIVAL IS NOW CLOSED AND THE NONPROFIT WILL BE DISSOLVED IN SEPTEMBER 2022 FOR A FUTURE REBRAND.

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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 (2021)

Revenue Breakdown

Contributions & Grants $203,383
Program Service Revenue $546
Investment Income $0
Other Revenue $0
TOTAL REVENUE $203,929

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $196,996
Other Expenses $197,450
TOTAL EXPENSES $197,450

Year-over-Year Comparison

2021 2020 Change
Revenue $203,929 $160,919 +0.3%
Expenses $197,450 $157,667 +0.3%
Net Income $6,479 $3,252 +1.0%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAUREN BIO TREASURER N/A
Director
$0 $0 $0
ASHLEY KOWAL VICE PRESIDE N/A
Director
$0 $0 $0
KATELYN TINSLEY PRESIDENT N/A
Director
$0 $0 $0
KERI WALSH SECRETARY N/A
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
2022 $203,929 $197,450 $13,591 $6,479
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