BIG HOMIES INC

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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

Principal Officer

EUGENE SWINSON

Phone

8043990579

Tax Period

2024-01-01 to 2024-12-31

BIG HOMIES INC, founded in 2020, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2024. Expenses of $1.0M left a modest 11% surplus.

Mission

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

Program Service Accomplishments

Program 1

Expenses: $84,578 Revenue: $1,167,900

GRANT FROM STATE OF VIRGINIA

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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 (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

Governance

Voting Members

N/A

Independent Members

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
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