THE HOME FUND INC

EIN: 851862923 501(c)(3) Housing & Shelter

ORLANDO, FL

Total Revenue
$60,000
Total Expenses
$60,000
Total Assets
N/A
Net Assets
N/A
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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
2020
Legal Domicile
FL
Principal Officer
KAREN BOBB
Phone
4077947500
Tax Period
2024-01-01 to 2024-12-31

THE HOME FUND INC, founded in 2020, is a micro nonprofit in the Housing & Shelter sector that reported $60K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion.

Mission

TO ADVANCE SOLUTIONS THAT USE HOUSING DEVELOPMENT AS A PLATFORM FOR SERVICES TO IMPROVE THE LIVES OF THE MOST VULNERABLE PEOPLE AND BUILD HEALTHY COMMUNITIES; TO MANAGE AS AN ENTITY OR DIRECT ENTITIES ORGANIZED FOR THE PURPOSE OF CREATING STABLE, VIBRANT AND HEALTHY COMMUNITIES BY DEVELOPING, FINANCING, AND OPERATING AFFORDABLE, PROGRAM-ENRICHED HOUSING FOR FAMILIES, SENIORS, AND PEOPLE WITH SPECIAL NEEDS WHO LACK THE ECONOMIC RESOURCES TO ACCESS QUALITY, SAFE HOUSING OPPORTUNITIES; THE HOME FUND INC., EITHER DIRECTLY OR INDIRECTLY, WILL SUPPORT OR FOSTER THE DEVELOPMENT, ACQUISITION, FINANCING, OPERATION AND MANAGEMENT OF QUALITY, AFFORDABLE PROGRAM-ENRICHED HOUSING FOR LOW AND MODERATE INCOME PERSONS.

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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 $60,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $60,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $60,000
Other Expenses $60,000
TOTAL EXPENSES $60,000

Year-over-Year Comparison

2024 2023 Change
Revenue $60,000 $50,000 +0.2%
Expenses $60,000 $50,000 +0.2%
Net Income $0 $0 N/A
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARV BUCHANAN DIRECTOR 5
Director
$0 $0 $0
COLIN COURTEN DIRECTOR 5
Director
$0 $0 $0
VIVI GILLESPIE DIRECTOR 5
Director
$0 $0 $0
SHARON DORAN EXECUTIVE DIRECTOR 15.00
Officer
$0 $0 $0
KAREN BOBB CHIEF FINANCIAL OFFICER 60
Officer
$0 $0 $0
MARVIN WEEKS CHIEF EXECUTIVE OFFICER 15
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 $60,000 $60,000 No data No data
2023 $50,000 $50,000 $870,000 No data
2022 $95,000 $95,000 $775,000 No data
2021 $550,000 $50,000 $500,000 $500,000
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