Homes For Homes Inc
- Assets
- $1.1m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 2
- Location
- Brentwood, TN
- Founding
- 06/2015
- Data as of
- 12/2023
- EIN
- 47-3696537
Organization Overview
Homes For Homes Inc is located in Brentwood, TN. The organization was established in 2015. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Homes For Homes Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homes For Homes Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Homes For Homes Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 26.2% each year . All expenses for the organization totaled $1.2m during the year ending 12/2023. While expenses have increased by 27.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Homes For Homes Inc has awarded 16 individual grants totaling $1,107,470. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
HOMES 4 HOMES BRINGS SAFE HOUSING TO PEOPLE IN DEVELOPING COUNTRIES. WE EMPOWER LOCAL LEADERS AND CONSTRUCTION TEAMS TO BUILD HOMES FOR "AT RISK" MEMBERS OF THEIR OWN COMMUNITIES. SAFE AND SECURE HOUSING POSITIVELY IMPACTS MULTIPLE GENERATIONS OF A FAMILY AND ALLOWS THEM TO RAISE THEIR CHILDREN IN A BETTER ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR 2023, HOMES FOR HOMES CONSTRUCTED 300 HOMES WHICH PROVIDED SAFE AND SECURE HOUSING FOR OVER 1800 PEOPLE IN 13 COMMUNITIES. A COMMUNITY WELL AND COMMUNITY CHURCH WAS BUILT FOR 300+ PEOPLE. THE CHURCH IS USED FOR A WEEKLY PRESHCOOL FOR 150 CHILDREN. IN ADDITON TO HOME STRUCTURES, PIT LATRINES WERE ALSO PROVIDED AND OVER 30 HOME WATER FILTRATION SYSTEMS WERE INSTALLED. WE SERVED 13 DIFFERENT COMMUNITIES IN MEXICO, HONDURAS, GUATEMALA AND UGANDA. EVERY CONSTRUCTION TEAM CONSISTED OF LOCAL COMMUNITY SKILLED LABOR TEAMS WITH ALL MATERIALS PURCHASED IN EACH COMMUNITY. THIS PROVIDED ECONOMIC STIMULUS AND SUPPORT TO THE COMMUNITIES WE SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Smalling President | Trustee | 0 | $0 |
Jonathan Harris Vice President | Trustee | 0 | $0 |
Josh Terry Secretary | Trustee | 0 | $0 |
Cam Suggs Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $751,047 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $751,047 |
| Total Program Service Revenue | $0 |
| Investment income | $17,272 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $552,353 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,320,672 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $367,425 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $572,990 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,596 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,177 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $32,389 |
| Office expenses | $2,296 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $39,134 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,587 |
| Insurance | $1,485 |
| All other expenses | $8,229 |
| Total functional expenses | $1,154,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $993,548 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $113,224 |
| Net Land, buildings, and equipment | $1,597 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,234 |
| Other assets | $0 |
| Total assets | $1,109,603 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,900 |
| Total liabilities | $1,900 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,107,703 |
| Total liabilities and net assets/fund balances | $1,109,603 |
Grants Awarded
Over the last fiscal year, Homes For Homes Inc has awarded $407,680 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
AMOR MINISTRIES PURPOSE: Provide Housing for the Poor | $62,000 |
EVERY CHILD MINISTRIES PURPOSE: Provide Housing for the Poor | $87,500 |
IC13 PURPOSE: Provide housing for the poor | $106,600 |
ORPHAN OUTREACH PURPOSE: Provide Housing for the Poor | $151,580 |