HOMEGROWN HEROES INC

EIN: 822486741 501(c)(3) Youth Development

HIGH POINT, NC

Total Revenue
$39,597
Total Expenses
$47,446
Total Assets
$60,325
Net Assets
$60,325
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2017
Principal Officer
JONATHAN SEELIG
Phone
3366096847
Tax Period
2023-07-01 to 2024-06-30

HOMEGROWN HEROES INC, founded in 2017, is a micro nonprofit in the Youth Development sector that reported $40K in total revenue in fiscal year 2023. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $47K exceeded revenue, resulting in a 20% operating deficit.

Mission

NON-PROFIT PUBLIC CHARITY

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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 (2023)

Revenue Breakdown

Contributions & Grants $24,000
Program Service Revenue $0
Investment Income $0
Other Revenue $15,597
TOTAL REVENUE $39,597

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $42,246
Other Expenses $47,446
TOTAL EXPENSES $47,446

Year-over-Year Comparison

2023 2022 Change
Revenue $39,597 $83,096 -0.5%
Expenses $47,446 $102,529 -0.5%
Net Income $-7,849 $-19,433 -0.6%
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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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
4
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONATHAN SEELIG OFFICER N/A
Officer Director
$0 $0 $0
JOHANNAH BOLEN BOARD CHAIR N/A
Officer
$0 $0 $0
ASHLEY BRYAN SECRETARY N/A
Officer
$0 $0 $0
CARY KANOY VICE CHAIR N/A
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 $39,597 $47,446 $60,325 $-7,849
2023 $83,096 $102,529 $68,174 $-19,433
2022 $122,274 $45,261 $87,607 $77,013
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