BIG HOMIES INC

EIN: 852229451 501(c)(3) Human Services

PORTSMOUTH, VA

Total Revenue
$1,167,900
Total Expenses
$1,035,287
Total Assets
$1,053,528
Net Assets
$1,006,206
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
VA
Principal Officer
EUGENE SWINSON
Phone
8043990579
Tax Period
2024-01-01 to 2024-12-31

Mission

TO UNVEIL AND RELEASE THE INNER HEROS OF MINORITY CHILDREN IN SOCIETY ONE CHILD AT A TIME. OUR YOUTH WILL SAVE THE WORLD. IMPACTING THE YOUTH THROUGH SERVICE AND LEADERSHIP WHILE SHOWING OUR IMPVERISHED YOUTH THERE ARE WAYS TO ELEVATE THEIR QUALITY OF LIFE. WE EXPOSE OUR CHILDREN TO POSITIVE OUTLETS DONATE LIFE CHANGING ITEMS AND EXPOSE THEM TO CAREER PATHS THEY WOULD NOT HAVE EXPERIENCED BEFORE AND FIGHTING GUN VIOLENCE POVERTY CYCLES AND NECESSITIES BIG HOMIES IS ALWAYS IN THE NEIGHBORHOODS TO HELP THE CHILDREN

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,167,900
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,167,900

Expense Breakdown

Grants Paid $1,660
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $84,578
Other Expenses $1,033,627
TOTAL EXPENSES $1,035,287

Year-over-Year Comparison

2024 2023 Change
Revenue $1,167,900 N/A N/A
Expenses $1,035,287 N/A N/A
Net Income $132,613 N/A 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
N/A
Independent Members
2
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
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EUGENE SWINSON CEO 025.00
Officer Director
$0 $0 $0
ALICE EDWARDS SWINSON 025.00
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
2024 $1,167,900 $1,035,287 $1,053,528 $132,613
2022 No data $420,279 $69,598 No data
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