FRIENDS HOUSE MINISTRIES INC

EIN: 843037861 501(c)(3) Housing & Shelter

CHATTANOOGA, TN

Total Revenue
$434,589
Total Expenses
$401,341
Total Assets
$546,278
Net Assets
$543,047
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
TN
Principal Officer
MONTY REEVES
Phone
4234885018
Tax Period
2025-01-01 to 2025-12-31

FRIENDS HOUSE MINISTRIES INC, founded in 2019, is a small nonprofit in the Housing & Shelter sector that reported $435K in total revenue in fiscal year 2025. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $401K left a modest 8% surplus.

Mission

TO ASSIST FORMER PRISONERS TO TRANSITION INTO SOCIETY SUCCESSULLY

Program Service Accomplishments

Program 1
Expenses: $329,879 Revenue: $433,526

PROVIDE HOUSING AND TRAINING FOR INDIVIDUALS LEAVING PRISON IN A STRUCTURED, CHRISTIAN PRINCIPLED DRIVEN PROGRAM

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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 (2025)

Revenue Breakdown

Contributions & Grants $155,617
Program Service Revenue $180,480
Investment Income $1,063
Other Revenue $97,429
TOTAL REVENUE $434,589

Expense Breakdown

Grants Paid $6,491
Salaries & Benefits $111,243
Fundraising Expenses $53,463
Program Expenses $329,879
Other Expenses $283,607
TOTAL EXPENSES $401,341

Year-over-Year Comparison

2025 2024 Change
Revenue $434,589 $343,382 +0.3%
Expenses $401,341 $341,228 +0.2%
Net Income $33,248 $2,154 +14.4%
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
7
Independent Members
5
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
$16,250
Total Directors
1
$16,250
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MONTY REEVES PRESIDENT 35.00
Officer Director
$16,250 $0 $16,250
ROBERT J MERCER VICE PRESIDENT 0.50
Officer
$0 $0 $0
TRESA REEVES TREASURER 8.00
Officer
$0 $0 $0
RON ROBS SECRETARY 0.50
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
2025 $434,589 $401,341 $546,278 $33,248
2024 No data No data No data No data
2023 $401,050 $386,752 $517,488 $14,298
2022 $737,704 $298,360 $505,325 $439,344
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