Civic Intelligence

Homes for Hearts

990EZ • Fiscal year 2023 • EIN 85-2299402

Aug 01, 2022 to Jul 31, 2023 • Filed on Nov 20, 2023

Organization Profilehomesforhearts.org
871 Sheridan StreetMemphis, TN 38107-4612

(901) 290-6174

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

96th percentile

81%

Higher net margin than 96% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

$205,330

No earlier filing loaded for comparison.

Net Assets

$205,330

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin96th percentile

Revenue

$124,747

No earlier filing loaded for comparison.

Expenses

$23,271

No earlier filing loaded for comparison.

Net Income

$101,476

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2023: $205,330Liabilities 2023: $0Net Assets 2023: $205,3302023Assets 2024: $224,725Liabilities 2024: $0Net Assets 2024: $224,7252024Assets 2025: $221,811Net Assets 2025: $221,8112025

Highlighted filing

2023

Assets$205,330
Liabilities$0
Net Assets$205,330
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2023: $124,747Expenses 2023: $23,271Net Income 2023: $101,4762023Revenue 2024: $56,180Expenses 2024: $36,785Net Income 2024: $19,3952024Revenue 2025: $115,226Expenses 2025: $116,741Net Income 2025: -$1,5152025

Highlighted filing

2023

Revenue$124,747
Expenses$23,271
Net Income$101,476
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2022 to Jul 31, 2023
Signed
Nov 20, 2023
Return Version
2022v5.0
Gross Receipts
$124,747
Mission and Program Overview

Mission

Build single-family tiny homes in Memphis

Build single-family tinyhomes in Memphis

Program Services

DescriptionGrantsExpenses
Build single-family tiny homes throughout Memphis area and partner with supportive services to offer homeless a path toward homeownership.-$23,271
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Zachary David Waters1 - ChairFT$0--
Avalon Yarnes2 - Vice Chair-$0--
Daniel Irwin3 - Secretary-$0--
Chris Smith4 - Treasurer-$0--
Luke Waters5 - Director-$0--
Filing and Contact Details

Filer

Filer Name
Homes for Hearts
EIN
85-2299402
Address
871 Sheridan Street, Memphis, TN 38107-4612

Signing Officer

Name
Zachary David Waters
Title
1 - Chair
Phone
9012906174
Signed
2023-11-20
Discuss with paid preparer
Yes

Preparer

Firm
Bob Browder MBA CPA
Address
4050 North Germantown Pkwy Suite102, Bartlett, TN 38133
Preparer
Bob Browder MBA CPA
Phone
9015388500
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountDepreciation from 4562 4,131Bank Service Charges 1Office Supplies 1,440Website Charges 180Advertising (Mainly Facebook) 5,791TN SOS Tax - Fees 51TN Certificate of Exsistence 20Resident Loan Options Expenses 2,882”

Raw XML Appendix162 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0Zachary David Waters
IRS990EZ/BooksInCareOfDetail/PhoneNum09012906174
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0871 Sheridan Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Memphis
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0381074612
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt049553
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt045336
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0123983
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0101476
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0383
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0103854
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0205330
IRS990EZ/GrossReceiptsAmt0124747
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0764
IRS990EZ/LandAndBuildingsGrp/BOYAmt054301
IRS990EZ/LandAndBuildingsGrp/EOYAmt0159994
IRS990EZ/LoansToFromOfficersAmt03000
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0103854
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0205330
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0103854
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0205330
IRS990EZ/OccupancyRentUtltsAndMaintAmt08312
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Zachary David Waters
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Avalon Yarnes
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Daniel Irwin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Chris Smith
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Luke Waters
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt01 - Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12 - Vice Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt23 - Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt34 - Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt45 - Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt014496
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Build single-family tinyhomes in Memphis
IRS990EZ/PrintingPublicationsPostageAmt080
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Build single-family tiny homes throughout Memphis area and partner with supportive services to offer homeless a path toward homeownership.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt023271
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt023271
IRS990EZ/TotalProgramServiceExpensesAmt023271
IRS990EZ/TotalRevenueAmt0124747
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0homesforhearts.org
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0123983
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0123983
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0764
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0764
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0764
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0764
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0123983
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0123983
IRS990ScheduleA/Total509Grp/TotalAmt0123983
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0124747
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0124747
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt03000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0UnreimbursedExpenses
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt03000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Zach Waters
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Chair
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt03000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountDepreciation from 4562 4,131Bank Service Charges 1Office Supplies 1,440Website Charges 180Advertising (Mainly Facebook) 5,791TN SOS Tax - Fees 51TN Certificate of Exsistence 20Resident Loan Options Expenses 2,882
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Zachary David Waters
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt01 - Chair
ReturnHeader/BusinessOfficerGrp/PhoneNum09012906174
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Homes for Hearts
ReturnHeader/Filer/BusinessNameControlTxt0HOME
ReturnHeader/Filer/EIN0852299402
ReturnHeader/Filer/USAddress/AddressLine1Txt0871 Sheridan Street
ReturnHeader/Filer/USAddress/CityNm0Memphis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd0381074612
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0824492497
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Bob Browder MBA CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04050 North Germantown Pkwy Suite102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bartlett
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd038133
ReturnHeader/PreparerPersonGrp/PhoneNum09015388500
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Bob Browder MBA CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-11-20T19:16:54-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Zachary David
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Waters
ReturnHeader/TaxPeriodBeginDt02022-08-01
ReturnHeader/TaxPeriodEndDt02023-07-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$205,330
Liabilities
$0
Net assets
$205,330
Revenue
$124,747
Expenses
$23,271
Net income
$101,476
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.22$2.22$1.15$1.17$0.02
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.25$0.00$2.25$0.56$0.37$0.19
2023Detailed filing. Detailed filing data is available for this year.$2.05$0.00$2.05$1.25$0.23$1.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • <$500k nonprofits