L & M United Homes is located in Fort Worth, TX. According to its NTEE Classification (I31) the organization is classified as: Half-Way Houses for Offenders & Ex-Offenders, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. L & M United Homes 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, L & M United Homes generated $199.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (18.1%) each year. All expenses for the organization totaled $195.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (19.0%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TRANSITIONAL HOUSING AND SUPPORTIVE SERVICES
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $30,000 |
Total Program Service Revenue | $135,000 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $34,000 |
Other Revenue | $0 |
Total Revenue | $199,000 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $25,000 |
Occupancy, rent, utilities, and maintenance | $165,000 |
Printing, publications, postage, and shipping | $5,000 |
Other expenses | $0 |
Total expenses | $195,000 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $4,000 |
Other assets | $0 |
Total assets | $4,000 |
Total liabilities | $0 |
Net assets or fund balances | $4,000 |