2025-02-19T09:25:45-06:00 2023-06-30 994625061 CRI ADVISORS LLC 4004 SUMMIT BLVD NE SUITE 800 ATLANTA GA 30319 990 2022-07-01 582051038 HOMESTRETCH INC HOME 7706429185 89 GROVE WAY ROSWELL GA 30075 CHERYL CARTER EXECUTIVE DIRECTOR 7706429185 2025-02-11 1 0 TIFFANY T ORR CPA P01559485 7703948000 2025-02-11 2022 2025-03-06 01:10:19Z X KENNETH ALLEN 89 GROVE WAY ROSWELL GA 30075 830665 0 X HOMESTRETCH.ORG X 1991 GA HOMESTRETCH SUPPORTS AND GUIDES WORKING, HOMELESS FAMILIES TOWARD STABILITY IN FINANCES, EMPLOYMENT, HOUSING AND FAMILY-LIFE. THEIR GOAL IS THAT EACH GRADUATING FAMILY MOVES INTO PERMANENT, SUSTAINABLE HOUSING WITH IMPROVED EMPLOYMENT, REDUCED DEBT AND MOST IMPORTANTLY THE SKILLS AND KNOWLEDGE TO PREVENT FUTURE HOMELESSNESS. HOMESTRETCH OFFERS HOMELESS PARENTS AND THEIR CHILDREN A SAFE PLACE TO LIVE WHILE HELPING THEM ADDRESS THE ROOT CAUSES OF THEIR SITUATION AND RETURN TO A LIFE OF SELF-RELIANCE AND STABILITY. THROUGH THE WORK OF DEDICATED STAFF, VOLUNTEER MENTOR TEAMS, JOB COACHING AND LIFESKILLS WORKSHOPS, FAMILIES ARE ARMED WITH IMPORTANT TOOLS THEY NEED TO SUCCEED. 18 18 11 300 0 0 511619 541753 325999 259451 664 293 87 6618 838369 808115 0 0 0 0 401109 326350 0 0 30789 544746 630685 945855 957035 -107486 -148920 3204962 3033490 279196 256644 2925766 2776846 X HOMESTRETCH SUPPORTS AND GUIDES WORKING, HOMELESS FAMILIES TOWARD STABILITY IN FINANCES, EMPLOYMENT, HOUSING AND FAMILY-LIFE. THEIR GOAL IS THAT EACH GRADUATING FAMILY MOVES INTO PERMANENT, SUSTAINABLE HOUSING WITH IMPROVED EMPLOYMENT, REDUCED DEBT AND MOST IMPORTANTLY THE SKILLS AND KNOWLEDGE TO PREVENT FUTURE HOMELESSNESS. HOMESTRETCH OFFERS HOMELESS PARENTS AND THEIR CHILDREN A SAFE PLACE TO LIVE WHILE HELPING THEM ADDRESS THE ROOT CAUSES OF THEIR SITUATION AND RETURN TO A LIFE OF SELF-RELIANCE AND STABILITY. THROUGH THE WORK OF DEDICATED STAFF, VOLUNTEER MENTOR TEAMS, JOB COACHING AND LIFESKILLS WORKSHOPS, FAMILIES ARE ARMED WITH IMPORTANT TOOLS THEY NEED TO SUCCEED. 0 0 726628 266069 THE LAST HALF OF 2023 HOMESTRETCH ENGAGED A NEW PROGRAM MODEL TO IMPROVE CLIENT OUTCOMES. AS A RESULT, HOMESTRETCH PARTICIPANTS ARE SOARING TO NEW HEIGHTS. THE BELOW LISTED OUTCOMES UNDERSCORE THE REACH OF MOBILITY MENTORING AND THE STRIDES FAMILIES ARE MAKING AS THEY ENGAGE IN THIS TRANSFORMATIVE PRACTICE.-CLIENTS HAVE COLLECTIVELY SAVED OVER 38K TOWARDS THEIR TRANSITION GOAL OF 3 MONTHS OF LIVING EXPENSES. -CLIENTS HAVE COLLECTIVELY PAID OFF OR ABATED OVER 100K IN DEBT.-69% OF OUR PARTICIPANTS INCREASED THEIR CREDIT SCORE BY MORE THAN 35 POINTS IN THEIR FIRST SIX MONTHS IN THE PROGRAM.-81% OF OUR PARTICIPANTS INCREASED THEIR WAGES BY MORE THAN 25% IN THEIR FIRST SIX MONTHS IN THE PROGRAM.THE CHILDREN ARE ALSO WELL.-90% OF OUR CHILDREN ARE PERFORMING ACADEMICALLY AT OR ABOVE THEIR GRADE LEVEL. -100% OF THE CHILDREN IN OUR PROGRAM ARE ACTIVELY TAKING PART IN LIFESKILLS. THEY WAY WE ENGAGE FAMILIES UNDER OUR NEW PROGRAMMING MODELS HELPS THE ENTIRE FAMILY DEAL WITH THE STRESSES THAT COME ALONG WITH TRYING TO GET OUT OF POVERTY AND PROVIDES THEM WITH THE SUPPORT THEY NEED TO PERSEVERE ON THEIR JOURNEY. THE MODEL IS HOLISTIC, INDIVIDUALIZED, TRAUMA-INFORMED, AND CULTURALLY COMPETENT. THE ORGANIZATION HAS BENEFITTED GREATLY FROM OUR PROGRAM IMPROVEMENTS. OUR OCCUPANCY RATE IS 94% AND WE HAVE INCREASED OUR STAFF FROM 4 TO 7 FULL-TIME EMPLOYEES TO SERVE THE 39 ADULTS AND 50 CHILDREN THAT LIVE AT HOMESTRETCH. OUR RUN THE RIVER RACE RAISED OVER 80K AND FACILITATED 1,010 RUNNERS THIS YEAR. WE ALSO REFRESHED OUR BRAND, DEVELOPED A NEW WEBSITE AND ARE PREPARING OURSELVES FOR EXPANDING BOTH OUR IMPACT INVESTORS (DONORS) AND HOMESTRETCH HERO'S (VOLUNTEERS) BASE. 726628 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 11 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X X CHERYL CARTER 7706429185 89 GROVE WAY ROSWELL GA 30075 ROBERT W HAGAN BOARD MEMBER 2.00 X 0 0 0 KENNETH ALLEN PRESIDENT 3.00 X X 0 0 0 SCOTT BURKE SECRETARY 2.00 X X 0 0 0 LYNN ADCOCK BOARD MEMBER 2.00 X 0 0 0 MEG LAMB BOARD MEMBER 2.00 X 0 0 0 GREG SOLHEIM BOARD MEMBER 1.00 X 0 0 0 MATT MILLARD BOARD MEMBER 1.00 X 0 0 0 MARTICA JENKINS BOARD MEMBER 1.00 X 0 0 0 PEGGY SHIPMAN BOARD MEMBER 1.00 X 0 0 0 TONY KIRK BOARD MEMBER 1.00 X 0 0 0 LEE HOLLINGSWORTH VICE PRESIDENT 3.00 X X 0 0 0 GREGORY ROTH BOARD MEMBER 1.00 X 0 0 0 GEORGE WAITE TREASURER 3.00 X X 0 0 0 BECKY STONE CO-CHAIR 3.00 X X 0 0 0 JIM TAYLOR BOARD MEMBER 1.00 X 0 0 0 WILL COLLEY BOARD MEMBER 1.00 X 0 0 0 GORDON OWENS BOARD MEMBER 1.00 X 0 0 0 JIM SAVAGE BOARD MEMBER 1.00 X 0 0 0 TALAYA PARKER FORMER EXECUTIVE DIRECTOR 60.00 X 90000 0 18704 CHERYL CARTER EXECUTIVE DIRECTOR 60.00 X 0 0 0 90000 0 18704 0 0 0 0 0 57411 84731 399611 541753 SUPPORTIVE HOUSING 531110 168541 168541 AFFORDABLE HOUSING 531110 90910 90910 259451 293 293 22550 57411 22550 0 OTHER INCOME 900009 6618 6618 6618 808115 266069 0 293 85774 42887 25732 17155 161341 157647 1945 1749 2492 2022 279 191 59274 48102 6638 4534 17469 14177 1956 1336 10965 10965 60253 60253 39537 34137 5400 3497 3497 35548 17731 17817 122039 111149 10890 6607 6339 268 15234 15234 127297 125994 1303 39564 25654 13910 CLIENT WORKSHOPS 61382 61382 REPAIRS AND MAINTENANCE 45811 45811 TELECOMMUNICATIONS 27609 22383 5226 PROPERTY MANAGEMENT 15118 15118 20224 14998 4802 424 957035 726628 199618 30789 407819 492229 200732 101024 16817 9067 88802 4787 4089802 1727519 2478515 2362283 7490 6187 0 62700 3204962 3033490 39643 36277 25181 164372 157542 50000 62825 279196 256644 X 2666178 2471218 259588 305628 2925766 2776846 3204962 3033490 -148920 0 X X 0 1 X 1 0 X 765764 778292 873243 511619 541753 3470671 765764 778292 873243 511619 541753 3470671 131928 3338743 71 664 293 1028 22912 22912 435 1854 87 6618 8994 3503605 1359060 0.95290 0.88210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 545775 545775 3366529 1594038 1772491 177498 133481 44017 2362283 LEASE LIABILITY 62825 62825 X 830665 22550 22550 808115 0 808115 979585 22550 22550 957035 0 957035 PART X, LINE 2: UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE AGENCY IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. THE AGENCY UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2023 AND 2022, THE AGENCY HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 22,550. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 22,550. ROAD RACE 48514 36100 12414 12414 TEA 31447 21311 10136 10136 79961 57411 22550 22550 22550 0 FORM 990, PART VI, SECTION A, LINE 3 LINDSEY, GREENWAY & MCINTIRE (LGM) ACCOUNTING FIRM MANAGES THE FINANCIALS. FORM 990, PART VI, SECTION B, LINE 11B SELECTED MEMBERS FROM THE EXECUTIVE AND FINANCE COMMITTEE REVIEW PORTIONS OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C NEW EMPLOYEES AND NEW MEMBERS OF THE BOARD OF DIRECTORS SIGN THE CONFLICT OF INTEREST POLICY INITIALLY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE FINANCE COMMITTEE AND VOTED ON BY THE GENERAL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990- AMENDED RETURN AS OF THE DUE DATE OF THE ORGANIZATION'S FORM 990, THE ORGANIZATION'S FINANCIAL STATEMENTS HAD NOT YET BEEN FINALIZED. THEREFORE, THE FORM 990 IS BEING AMENDED WITH FINAL NUMBERS FROM COMPLETED AUDIT. THE CHANGES CONSISTED OF AN INCREASE IN CONTRIBUTIONS AND GRANTS, DECREASES IN EXPENSE ACCOUNTS RELATED TO INSURANCE, PAYROLL, AND OFFICE EXPENSES. 800 FORREST LLC 89 GROVE WAY ROSWELL GA 30075 474921036 HOUSING GA 49256 516216 HOMESTRETCH