2026-02-18T12:36:46-06:00 2024-06-30 994625061 CRI ADVISORS LLC 4004 SUMMIT BLVD NE SUITE 800 ATLANTA GA 30319 990 2023-07-01 582051038 HOMESTRETCH INC HOME 7706429185 89 GROVE WAY ROSWELL GA 30075 CHERYL CARTER EXECUTIVE DIRECTOR 7706429185 2026-02-13 1 1 TIFFANY T ORR CPA P01559485 7703948000 2026-02-13 2023 2025-03-06 01:10:19Z X KENNETH ALLEN 89 GROVE WAY ROSWELL GA 30075 740068 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 12 588 0 0 541753 396291 259451 368683 293 31 6618 -53131 808115 711874 0 0 0 0 326350 553524 0 0 28089 630685 606823 957035 1160347 -148920 -448473 3033490 2650311 256644 321932 2776846 2328379 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 852198 372390 HOMESTRETCH IS PLEASED TO SHARE THAT DURING FY23-24, WE MADE SIGNIFICANT STRIDES IN ADVANCING OUR MISSION TO PROVIDE SUPPORTIVE AND AFFORDABLE HOUSING WHILE EMPOWERING FAMILIES TO ACHIEVE ECONOMIC INDEPENDENCE AND LONG-TERM STABILITY. OVER THE PAST YEAR, WE INCREASED OUR HOUSING UNIT OCCUPANCY FROM 60% TO 97%, ALLOWING US TO DELIVER OUTCOMES-BASED SERVICES TO OVER 91 INDIVIDUALS IN OUR HOUSING PROGRAM AND NAVIGATIONAL SERVICES TO 840 INDIVIDUALS, FOR A TOTAL OF 931 PEOPLE SERVED. THIS GROWTH IN OCCUPANCY, UP FROM 69% TO 97%, WAS ACHIEVED THROUGH EFFICIENT PROGRAM TRANSITIONS AND DILIGENT MANAGEMENT OF UNIT TURNOVER, ENSURING MORE FAMILIES COULD ACCESS SAFE, STABLE HOUSING.THROUGH EFFICIENT PROGRAM TRANSITIONS AND PROACTIVE MANAGEMENT OF UNIT TURNOVER, MORE FAMILIES ACCESSED THE STABILITY THEY NEED TO PURSUE BRIGHTER FUTURES. THE OUTCOMES-BASED PROGRAM MODEL PRODUCED STRONG, MEASURABLE RESULTS:-68% OF CLIENTS BOOSTED THEIR WAGES BY AN AVERAGE OF $2.28 PER HOUR, GENERATING A COLLECTIVE ANNUAL WAGE INCREASE OF $71,136.-63% OF CLIENTS IMPROVED THEIR CREDIT SCORES BY MORE THAN 50 POINTS, WITH THE HIGHEST REACHING 735.-CLIENTS COLLECTIVELY SAVED $38,912, WITH 96% ACTIVELY WORKING TOWARD THE GOAL OF SAVING THREE MONTHS' LIVING EXPENSES.CHILDREN'S PROGRAMMING ALSO ACHIEVED SIGNIFICANT IMPACT. AFTER PARTICIPATING IN THE SUMMER ENRICHMENT INITIATIVE, THE PERCENTAGE OF YOUTH PERFORMING AT GRADE LEVEL INCREASED FROM 24% TO 53%. ALL PARTICIPANTS IMPROVED THEIR MATH OR READING GRADES BY AN AVERAGE OF 7 POINTS DURING THE SUBSEQUENT SCHOOL YEAR, WHILE CLASSROOM BEHAVIORAL ISSUES DROPPED SHARPLY FROM 50% TO JUST 8%.THE VOLUNTEER PROGRAM EXPERIENCED ROBUST GROWTH, EXPANDING FROM 209 TO 588 VOLUNTEERS WHO CONTRIBUTED OVER 1,821 HOURS IN ADMINISTRATIVE AND DIRECT CLIENT SERVICES AND 2,006 HOURS IN PROPERTY MAINTENANCE AND HOUSING TRANSITIONS.THESE ACCOMPLISHMENTS UNDERSCORE HOMESTRETCH'S COMPREHENSIVE APPROACH-PROVIDING FAMILIES AND CHILDREN WITH THE FINANCIAL, EDUCATIONAL, AND SOCIAL RESOURCES NECESSARY FOR LASTING SELF-SUFFICIENCY AND SUCCESS. BY TRANSLATING DATA INTO COMPELLING OUTCOMES AND FOCUSING ON TANGIBLE IMPROVEMENTS, HOMESTRETCH DEMONSTRATES ITS VITAL ROLE IN BUILDING STRONGER, MORE RESILIENT COMMUNITIES. 852198 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 2 0 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 1 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 KENNETH ALLEN PRESIDENT 2.00 X X 0 0 0 LEE HOLLINGSWORTH VICE PRESIDENT 1.00 X X 0 0 0 JIM TAYLOR TREASURER 3.00 X X 0 0 0 TONY KIRK SECRETARY 2.00 X X 0 0 0 BOB HAGAN PRESIDENT EMERITUS 1.00 X X 0 0 0 LYNN ADCOCK BOARD MEMBER 1.00 X 0 0 0 MEG LAMB BOARD MEMBER 1.00 X 0 0 0 GREG SOLHEIM BOARD MEMBER 1.00 X 0 0 0 GREGORY ROTH 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 MICKEY DEATON BOARD MEMBER 1.00 X 0 0 0 STEPHEN CLAUSEN BOARD MEMBER 1.00 X 0 0 0 NANETTE GREGORY BOARD MEMBER 1.00 X 0 0 0 LORRAINE HEAD BOARD MEMBER 1.00 X 0 0 0 ROBERT PERRY JARRELL BOARD MEMBER 1.00 X 0 0 0 MATT MILLARD BOARD MEMBER 1.00 X 0 0 0 CHERYL CARTER EXECUTIVE DIRECTOR 55.00 X 77665 0 22135 TALAYA PARKER FORMER EXECUTIVE DIRECTOR 60.00 X 38077 0 0 115742 0 22135 0 0 0 0 0 55554 340737 3060 396291 SUPPORTIVE HOUSING 531110 205476 205476 AFFORDABLE HOUSING 531110 163207 163207 368683 31 31 28194 55554 28194 0 OTHER INCOME 900099 3707 3707 LOSS ON THEFT 900099 -56838 -56838 -53131 711874 372390 0 -56807 95674 68885 22005 4784 344622 248128 79263 17231 78982 56867 18166 3949 34246 24657 7877 1712 10365 10365 1563 1563 31500 31500 46727 46727 2238 2238 26653 12644 14009 115743 105068 10675 12743 10211 2532 6311 6311 127154 125852 1302 50677 28870 21807 REPAIRS AND MAINTENANCE 63909 63909 FAMILY CONTINGENCY 43694 43694 TELECOMMUNICATIONS 28268 20412 7856 CLIENT WORKSHOPS 15993 15993 23285 10332 12540 413 1160347 852198 280060 28089 492229 220053 101024 101024 9067 6000 3313 4134134 1852233 2362283 2281901 6187 4885 62700 33135 3033490 2650311 36277 96927 8072 157542 150397 62825 66536 256644 321932 X 2471218 2273064 305628 55315 2776846 2328379 3033490 2650311 -448473 6 0 X X 0 1 X 1 0 X 778292 873243 511619 541753 396291 3101198 778292 873243 511619 541753 396291 3101198 140838 2960360 71 664 293 31 1059 435 1854 87 6618 -53131 -44137 3058120 1435772 0.96800 0.95290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 545775 545775 3388269 1705153 1683116 200090 147080 53010 2281901 LEASE LIABILITY 33185 CLIENT SAVINGS LIABILITY 33351 66536 X 740068 28194 28194 711874 0 711874 1188541 28194 28194 1160347 0 1160347 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, 2024 AND 2023. 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, 2024 AND 2023, 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 28,194. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 28,194. ROAD RACE 81248 54985 26263 26263 TEA 2500 569 1931 1931 83748 55554 28194 28194 28194 0 FORM 990, PART VI, SECTION A, LINE 5 DURING THE YEAR ENDED JUNE 30, 2024, THE AGENCY DETERMINED ITS PROPERTY MANAGEMENT COMPANY HAD IMPROPERLY RETAINED TENANT RENT TOTALING $62,838. THE AGENCY IMMEDIATELY INVESTIGATED AND DETERMINED IT HAD BEEN THE VICTIM OF THEFT. THE AGENCY DISCONTINUED USING THE PROPERTY MANAGEMENT COMPANY, ENGAGED A LEGAL FIRM AND PURSUED COLLECTION OF THE FUNDS. IN SEPTEMBER 2024, THE AGENCY RECOVERED $6,000 FROM THE PROPERTY MANAGEMENT COMPANY. THE AGENCY RECORDED ACCOUNTS RECEIVABLE OF $6,000 AND A LOSS ON THEFT OF $56,838 AT JUNE 30, 2024. 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 THE AUDITED FINANCIAL STATEMENTS. THE CHANGES CONSISTED OF AN INCREASE IN CONTRIBUTIONS AND GRANTS, AND DECREASES IN EXPENSE ACCOUNTS RELATED TO INSURANCE, PAYROLL, AND OFFICE EXPENSES. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. 800 FORREST LLC 89 GROVE WAY ROSWELL GA 30075 474921036 HOUSING GA 71353 505403 HOMESTRETCH