HOMEGOING FARMS INC

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

ASHEVILLE, NC

Total Revenue
$337,739
Total Expenses
$167,693
Total Assets
$170,046
Net Assets
$170,046
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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
2024-01-01 to 2024-12-31

HOMEGOING FARMS INC, founded in 2024, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $338K in total revenue in fiscal year 2024. The organization ran a surplus of $170K, a strong 50% operating margin.

Mission

SEE SCHEDULE 0

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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 $333,007
Program Service Revenue $0
Investment Income $0
Other Revenue $4,732
TOTAL REVENUE $337,739

Expense Breakdown

Grants Paid $0
Salaries & Benefits $96,408
Fundraising Expenses $0
Program Expenses $167,693
Other Expenses $71,285
TOTAL EXPENSES $167,693

Year-over-Year Comparison

2024 2023 Change
Revenue $337,739 N/A N/A
Expenses $167,693 N/A N/A
Net Income $170,046 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
4
Independent Members
4
Employees
3
Volunteers
500

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
MUSA FARDAN DIRECTOR 10.00
Director
$0 $0 $0
TIKISHA MWETTA DIRECTOR 10.00
Director
$0 $0 $0
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
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
2024 $337,739 $167,693 $170,046 $170,046
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