HOME4ME

EIN: 822587130 501(c)(3) Human Services

CHARLOTTE, NC

Total Revenue
$92,646
Total Expenses
$86,415
Total Assets
$10,734
Net Assets
$10,734
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NC
Principal Officer
DONNA L REED
Phone
7045675118
Tax Period
2024-01-01 to 2024-12-31

HOME4ME, founded in 2018, is a micro nonprofit in the Human Services sector that reported $93K in total revenue in fiscal year 2024. Expenses of $86K left a modest 7% surplus.

Mission

HOME4ME IS A VOICE FOR TEENS IN FOSTER CARE EMPOWERS TEENS AGING OUT OF THE FOSTER CARE SYSTEM BY PROVIDING HOPE, OPPORTUNITIES, MENTORING, EDUCATION(HOME), AND A SENSE OF FAMILY.

Program Service Accomplishments

Program 1
Expenses: $20,225

THE LEG UP ON LIFE(LUOL) PROGRAM PROVIDES GUIDANCE, SUPPORT, EDUCATION AND REAL LIFE LIFE SKILLS TO TEENS IN FOSTER CARE AND YOUNG ADULTS WHO HAVE AGED OUT OF THE FOSTER CARE SYSTEM. LUOL COLLEGE...

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THE LEG UP ON LIFE(LUOL) PROGRAM PROVIDES GUIDANCE, SUPPORT, EDUCATION AND REAL LIFE LIFE SKILLS TO TEENS IN FOSTER CARE AND YOUNG ADULTS WHO HAVE AGED OUT OF THE FOSTER CARE SYSTEM. LUOL COLLEGE CONNECTION SUPPORTS EMANCIPATED YOUTH THROUGHOUT THEIR COLLEGE EXPERIENCE AND BEYOND BY CREATING LIFE LONG CONNECTIONS AND DEVELOPING FAMILY CENTERED BONDS. LUOL ACRONYM IS: LEADERSHIP BUILDING RELATIONSHIPS, EFFECTIVE LEADERS, CONNECTING WITH LIKE-MINDED GOALS, VISIONS, AND OR PURPOSE. ENTREPRENEURSHIP, DEVELOPING SKILLS, TALENTS AND GIFTS TO BECOME SUCCESSFUL IN THE FIELD AND INDUSTRY CHOSEN TO PURSUE. GROOMING PREPARING FOR PURPOSE, PERSONAL PRESENTATIONS, APPAREL, APPEARANCE & APPROACH TO YOUR LONG TERM GOALS. LIVING SKILLS EFFECTIVELY NAVIGATING CHALLENGES, SOCIAL SKILLS, COMMUNICATION, HOUSEHOLD SKILLS TO BE SUCCESSFUL IN ALL AREAS. INNOVATIVE CHOICES WHAT CAREER WORK REDINESS OR ENTREPRENEURIAL PATH YOU DESIRE AND WHAT CREATIVE TOOLS TO ACHIEVE YOUR CHOICES. EDUCATIONAL PATHS - DEVELOPING INDIVIDUAL ROAD MAPS TO THE EDUCATIONAL PATH NEEDED TO ACCOMPLISH YOUR CAREER, TRADE OR ENTREPRENEURIAL GOALS.

Program 2
Expenses: $18,732

A DAY IN REAL LIFE IS A SERIES OF HANDS ON LIFE SKILLS AND ASSIMILATIONS THAT TEACH REAL LIFE SKILLS, FINANCIAL LITERACY, COLLEGE PREP AND WHICH EDUCATIONAL PATH TO YOUR GOALS, DREAMS AND AMBITIONS...

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A DAY IN REAL LIFE IS A SERIES OF HANDS ON LIFE SKILLS AND ASSIMILATIONS THAT TEACH REAL LIFE SKILLS, FINANCIAL LITERACY, COLLEGE PREP AND WHICH EDUCATIONAL PATH TO YOUR GOALS, DREAMS AND AMBITIONS. FROM MAKING YOUR BED, WASHING CLOTHES AND CLEANING HOUSE TO DENTAL HYGIENE, COOKING IN VS EATING OUT, WE TEACH EVERYDAY LIFE SKILLS THAT ARE MISSING IN TODAYS SOCIETY. FROM CREDIT TO DRIVER LICENSE, WE MAKE SURE OUR YOUNG PEOPLE ARE ACHIEVING AGA APPROPRIATE GOALS, SKILLS AND RECEIVING KNOWLEDGE, OPPORTUNITIES AND TOOLS TO BE SUCCESSFUL YOUNG PRODUCTIVE ASSETS TO THE COMMUNITY. ESSENTIALS - BED-IN-A-BAGS, FILL-A-SUITCASE, GIFT CARDS, TEENS IN FOSTER CARE RESOURCES END ON THEIR 18TH BIRTHDAY. WHILE IN THE SYSTEM THE AVERAGE MOVE IS 6 TIMES OR MORE. YOUTH ARE GIVEN A BLACK GARBAGE BAG TO MOVE THEIR ITEMS WHICH HAS A NEGATIVE ON THEIR SELF-ESTEEM AND MENTAL HEALTH. HOME4ME PROVIDES THEM WITH A NEW SUITCASE FILLED WITH TOWELS SETS, SHEET SETS, AN UMBRELLA, RESOURCES AND GIFT CARDS. THEY ALSO RECEEIVE A BED-IN-A-BAG BECAUSE WE DONT KNOW WHAT SITUATION THEY ARE GOING INTO, BUT WE DO KNOW THEY CANNOT CONTROL THE TEMPERATURE AND WE WOULD RATHER THEY HAVE A BLANKET TO KICK OFF IF IT IS HOT THAN TO NOT HAVE ONE AND ITS COLD. WE ALSO MAKE SURE AT EVERY EVENT WE HOST A WORKSHOP EVENT ASSIMILATION THAT THEY RECEIVE A GIFT CARD TO PURCHASE WHAT THEY WANT.

Program 3
Expenses: $17,214

TOGETHER WE WIN EVENTS/ESSENTIALS: TEENS AGES 13-15 KNOW CHANCES OF THEM BEING ADOPTED IS SLIM TO NONE; AGE 16 THE WEIGHT OF THE WORLD COMES UPON THEM BECAUSE THEY HAVE TO START MAKING ADULT...

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TOGETHER WE WIN EVENTS/ESSENTIALS: TEENS AGES 13-15 KNOW CHANCES OF THEM BEING ADOPTED IS SLIM TO NONE; AGE 16 THE WEIGHT OF THE WORLD COMES UPON THEM BECAUSE THEY HAVE TO START MAKING ADULT DECISIONS WITH LITTLE TO NO KNOWLEDGE OR INFORMATION; AT 17 THEY HAVE 364 MOR DAYS AND THEIR RESOURCES END. 20,000 TEENS AGE OUT OF FOSTER CARE IN THE US EVERY YEAR. 20% WILL BE INSTANTLY HOMELESS, ANOTHER 20% WILL EXPERIENCE HOMELESSNESS IN THE FIRST YEAR OF AGING OUT,YET 84% OF TEENS DESIRE TO ATTEND COLLEGE. HOWEVER ONLY 3% ENROLL, 1% GRADUATES DUE TO LACK OF HOUSING, FINANCES, GUIDANCE AND SUPPORT. HOME4ME PARTNERS WITH COLLEGES, COMMUNITY CORPORATIONS AND CHURCHES TO PROVIDE EVERYTHING OUR YOUNG PEOPLE NEED TO GRADUATE FROM COLLEGE AND ONTO THEIR FUTURE ENDEAVORS. HOME4ME CREATIVELY HOST 3 MAJOR ANNUAL EVENTS: OLD SCHOOL FAMILY COOKOUT, ULTIMATE BIRTHDAY PARTY, ULTIMATE MOTIVATIONAL VISION BOARD PARTY(ALL FAMILY CENTERED EVENTS) AS A DAY TO PROVIDE ESSENTIALS, A DAY OF RESPITE, TO STAY IN TOUCH, RECRUIT FOR COLLEGE AND PROGRAMS AND TO CELEBRATE AND RECOGNIZE HOW AMAZING OUR YOUNG PEOPLE ARE.

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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 $127,260
Program Service Revenue $0
Investment Income $0
Other Revenue $-34,614
TOTAL REVENUE $92,646

Expense Breakdown

Grants Paid $0
Salaries & Benefits $60,000
Fundraising Expenses $21,605
Program Expenses $56,171
Other Expenses $26,415
TOTAL EXPENSES $86,415

Year-over-Year Comparison

2024 2023 Change
Revenue $92,646 $93,039 0.0%
Expenses $86,415 $93,074 -0.1%
Net Income $6,231 $-35 -179.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
6
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
7
$60,000
Total Directors
0
$0
Key Employees
1
$2,400
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONNA L REED EXECUTIVE DIRECTOR 50.00
Officer
$60,000 $0 $60,000
NADINE JAMES PART TIME ADMIN 3.00
Key Emp
$2,400 $0 $2,400
GENIPHA J ALMON VICE CHAIRWOMAN 0.00
Officer
$0 $0 $0
DR GERALD MARTIN BOARD MEMBER 0.00
Officer
$0 $0 $0
LISA SANTIAGO-MCNEILL CHAIRWOMEN 0.00
Officer
$0 $0 $0
ANDREE FYRAR TREASURER 0.00
Officer
$0 $0 $0
TERESA BROOME SECRETARY 2.00
Officer
$0 $0 $0
WADE FERGUSON BOARD MEMBER 0.00
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 $92,646 $86,415 $10,734 $6,231
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