Homestay Inc
- Assets
- $50.2k
- Revenue
- $52.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Paris, TX
- Founding
- Data as of
- 12/2023
- EIN
- 87-2181921
Organization Overview
Homestay Inc is located in Paris, TX. According to its NTEE Classification (L81) the organization is classified as: Home Improvement & Repairs, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homestay 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, Homestay Inc generated $52.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (42.1%) each year. All expenses for the organization totaled $137.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CRITICAL REPAIRS WERE MADE TO HOMES OCCUPIED AND OWNED BY ECONOMICALLY DISADVANTAGED INDIVIUDALS OR FAMILIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Crawford Vice President | 2 | $0 | |
Judy Martin Secretary | 2 | $0 | |
Gary O'connor Treasurer | 2 | $0 | |
Don Wilson President | 2 | $0 | |
Laura Woodroof Director | 2 | $0 | |
Keith Bollman Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $52,500 |
| Interest on Savings | $295 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $52,795 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $23,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,045 |
| Depreciation | $0 |
| Occupancy | $5,200 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $104,027 |
| Total operating and administrative expenses | $137,025 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $137,025 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,153 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $50,153 |
| Accounts payable and accrued expenses | $883 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $883 |