Homes 4 The Homeless Inc (EIN 842805734) - Form 990 Financial Analysis & Trantor Score

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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

2018

Legal Domicile

Principal Officer

Steven Schneider

Phone

7072438022

Tax Period

2023-01-01 to 2023-12-31

Homes 4 The Homeless Inc, founded in 2018, is a micro nonprofit in the Housing & Shelter sector that reported $12K in total revenue in fiscal year 2023. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $53K exceeded revenue, resulting in a 345% operating deficit.

Mission

THE SPECIFIC PURPOSES FOR WHICH THIS CORPORATION IS FORMED ARE EXCLUSIVELY CHARITABLE WITHIN THE MEANING OF SECTION 501C3 OF THE INTERNAL REVENUE CODE OF 1986. HOMES 4 THE HOMELESS PROVIDES HOMES FOR THE HOMELESS AND CONDUCTS EDUCATIONAL AND RESEARCH ACTIVITIES ON THE SUBJECT AS PER THE DEMANDS OF 501C3

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $11,942

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $11,942

Expense Breakdown

Grants Paid $0

Salaries & Benefits $34,511

Fundraising Expenses $0

Other Expenses $18,626

TOTAL EXPENSES $53,137

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,942	$22,502	-0.5%
Expenses	$53,137	$42,218	+0.3%
Net Income	$-41,195	$-19,716	+1.1%

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steven Schneider	President	20.00	Director	$0	$0	$0
Mike Loganbill	Vice President	20.00	Director	$0	$0	$0
Alex Campbell	Secretary	20.00	Director	$0	$0	$0
Joe Moore	Director	5.00	Director	$0	$0	$0
Larry R Jackson	Director	5.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$11,942	$53,137	$126,009	$-41,195
2022	$22,502	$42,218	$165,115	$-19,716
2021	$665,359	$488,722	$183,714	$176,637
2020	No data	$7,391	$251,756	No data

Homes 4 The Homeless Inc