BILLY'S HOMEPLACE

EIN: 872731652 501(c)(3)

CHARLOTTE, NC

Total Revenue
$390,160
Total Expenses
$183,591
Total Assets
$328,157
Net Assets
$327,980
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
NC
Principal Officer
STEPHEN L THOMAS
Phone
7045548150
Tax Period
2023-01-01 to 2023-12-31

BILLY'S HOMEPLACE, founded in 2021, is a small nonprofit that reported $390K in total revenue in fiscal year 2023. Revenue surged 218% from the prior year, signaling strong growth momentum. The organization ran a surplus of $207K, a strong 53% operating margin.

Mission

BILLY'S HOMEPLACE IS LOCATED IN THE ORIGINAL HOME OF BILLY AND RUTH GRAHAM IN MONTREAT, NORTH CAROLINA, AND SERVES AS A PLACE FOR MISSIONARIES TO SEEK SOLACE.

Program Service Accomplishments

Program 1
Expenses: $156,296

BILLY'S HOME PLACE (BHP) IS A NONPROFIT ORGANIZATION WITH A SPECIFIC MISSION TO SERVE PASTORS AND MISSIONARIES WHO HAVE SERVED IN FULL-TIME MINISTRY FOR 20+ YEARS. WHETHER IT IS PASTORING A CHURCH OR...

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BILLY'S HOME PLACE (BHP) IS A NONPROFIT ORGANIZATION WITH A SPECIFIC MISSION TO SERVE PASTORS AND MISSIONARIES WHO HAVE SERVED IN FULL-TIME MINISTRY FOR 20+ YEARS. WHETHER IT IS PASTORING A CHURCH OR CARRYING THE GOSPEL TO OTHER NATIONS WHICH MAY INVOLVE HUMANITARIAN EFFORTS IN MEDICINE, EDUCATION, AND OTHER FORMS OF COMMUNITY DEVELOPMENT. BHP PROVIDES A PLACE OF RENEWAL, RECOVERY, REJUVENATION, HEALING AND EMPOWERMENT.

Program 2

IN ADDITION TO OFFERING SPIRITUAL AND PHYSICAL SUPPORT TO PASTORS AND MISSIONARIES, BHP EXTENDS ITS FACILITIES AND RESOURCES TO HOST AN ARRAY OF GROUPS. WE PROVIDE A NURTURING ENVIRONMENT THAT...

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IN ADDITION TO OFFERING SPIRITUAL AND PHYSICAL SUPPORT TO PASTORS AND MISSIONARIES, BHP EXTENDS ITS FACILITIES AND RESOURCES TO HOST AN ARRAY OF GROUPS. WE PROVIDE A NURTURING ENVIRONMENT THAT FOSTERS MEANINGFUL CONNECTIONS, ALLOWING THEM TO COME TOGETHER TO SERVE AND SUPPORT THEIR FAITH, FAMILY, AND COMMUNITY ENDEAVORS.

Program 3

BHP OFFERS A TRANSFORMATIVE SPACE FOR TRAINING AND DEVELOPMENT. IT AIMS TO FOSTER GROWTH IN INDIVIDUALS, NURTURING THEM INTO CAPABLE MANAGERS AND ULTIMATELY, EFFECTIVE LEADERS. THROUGH ONGOING...

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BHP OFFERS A TRANSFORMATIVE SPACE FOR TRAINING AND DEVELOPMENT. IT AIMS TO FOSTER GROWTH IN INDIVIDUALS, NURTURING THEM INTO CAPABLE MANAGERS AND ULTIMATELY, EFFECTIVE LEADERS. THROUGH ONGOING ENHANCEMENT OF KNOWLEDGE, SKILLS, AND ABILITIES, THE PROGRAM CULTIVATES INCREASED PRODUCTIVITY, GROOMS FUTURE LEADERS, ENHANCES JOB PERFORMANCE, AND FOSTERS CAMARADERIE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $415,558
Program Service Revenue $0
Investment Income $0
Other Revenue $-25,398
TOTAL REVENUE $390,160

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $156,296
Other Expenses $183,591
TOTAL EXPENSES $183,591

Year-over-Year Comparison

2023 2022 Change
Revenue $390,160 $122,734 +2.2%
Expenses $183,591 $89,212 +1.1%
Net Income $206,569 $33,522 +5.2%
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

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Liquidity & Cash Position

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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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN L THOMAS DIRECTOR 1.00
Director
$0 $0 $0
RUTH BELL GRAHAM DIRECTOR 1.00
Director
$0 $0 $0
KIRK CAMERON DIRECTOR 1.00
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 No data No data No data No data
2023 $390,160 $183,591 $328,157 $206,569
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