HOMEGOING FARMS INC

EIN: 993554892 501(c)(3) Food, Agriculture & Nutrition

ASHEVILLE, NC

Total Revenue
$306,666
Total Expenses
$257,651
Total Assets
$219,061
Net Assets
$219,061
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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
2024
Legal Domicile
NC
Phone
8284582270
Tax Period
2025-01-01 to 2025-12-31

HOMEGOING FARMS INC, founded in 2024, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $307K in total revenue in fiscal year 2025. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $49K, a strong 16% operating margin.

Mission

SEE SCHEDULE 0

Program Service Accomplishments

Program 1
Expenses: $231,711

GREW OVER 2,000 POUNDS OF FRESH PRODUCE. DISTRIBUTED APPROXIMATELY 6,600 SERVINGS OF FRESH PRODUCE. HOSTED 47 COMMUNITY EVENTS REACHING MORE THAN 1,500 COMMUNITY RESIDENTS

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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 $299,192
Program Service Revenue $0
Investment Income $0
Other Revenue $7,474
TOTAL REVENUE $306,666

Expense Breakdown

Grants Paid $0
Salaries & Benefits $110,398
Fundraising Expenses $10,878
Program Expenses $231,711
Other Expenses $147,253
TOTAL EXPENSES $257,651

Year-over-Year Comparison

2025 2024 Change
Revenue $306,666 $337,739 -0.1%
Expenses $257,651 $167,693 +0.5%
Net Income $49,015 $170,046 -0.7%
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
4
Independent Members
4
Employees
5
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
2
$0
Total Directors
4
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHUVONDA HARPER BOARD CHAIR AND DIRECTOR 10.00
Officer Director
$0 $0 $0
MARIE CAYABYAB TREASURER AND DIRECTOR 10.00
Officer Director
$0 $0 $0
MUSA FARDAN DIRECTOR 10.00
Director
$0 $0 $0
TIKISHA MWETTA DIRECTOR 10.00
Director
$0 $0 $0
CHLOE MOORE EXECUTIVE DIRECTOR 30.00
Key Emp
$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 $306,666 $257,651 $219,061 $49,015
2024 $337,739 $167,693 $170,046 $170,046
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