Kinetic Lifestyle Homes Inc

Nonprofit profile at a glance

EIN
861937942
IRS 990 coverage
2024–2025
Forms available
Form 990 2025, Form 990-EZ 2023, Form 990-N 2022
Location
West Park, FL, USA
Phone
9543949711
Rating
59
Verdict
MIXED
Rating confidence
Moderate
Sector
Housing Development, Construction, Management

Official website

Reported finances

Revenue
$54,111
Expenses
$18,247
Assets
$1,253,547
Liabilities
$1,242,389

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Kimberly Cox (President)

People named in this filing

  • Kimberly Cox (President)
  • April D Jones (Treasurer)
  • Michael Rhett (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Kinetic Lifestyle Homes strives to help families build places to call home. We believe affordable housing plays a critical role in strong and stable community.

What it reported doing in 2025

Development & Construction 1. Completed construction on 2 large affordable/workforce homes on lots acquired directly by Kinetic Lifestyle Homes. 2. Achieved construction timelines of approximately 6.5 months from groundbreaking to completion on the larger homes. 3. Delivered homes with upgraded finishes and modern design features that exceeded typical affordable housing expectations. 4. Advanced development of a 3-unit workforce townhouse project in Hollywood, Florida, currently in permitting. Financing & Strategic Partnerships 1. Continued successful lending relationship with Solar and Energy Loan Fund (SELF). 2. Secured and managed multiple construction loans through SELF financing programs. 3. Maintained active projects and funding pipelines while expanding Kinetics development portfolio. Affordable & Workforce Housing Impact 1. Expanded affordable and workforce housing opportunities within South Florida communities. 2. Developed homes targeted toward families within attainable income ranges, including projects aligned with 120% AMI affordability goals. 3. Focused on delivering higher-quality design, finishes, and functionality while maintaining affordability. Organizational Growth 1. Strengthened Kinetic Lifestyle Homes position as an emerging South Florida developer focused on: a. Affordable housing b. Workforce housing c. Infill residential development e. Community revitalization 2. Continued building relationships with municipalities, lenders, contractors, and housing stakeholders throughout Broward County. Community & Economic Impact 1. Contributed to neighborhood revitalization through strategic development. 2. Helped increase homeownership opportunities for working families in underserved communities. 3. Demonstrated the ability to efficiently move projects from acquisition and financing through construction and occupancy. Specialized Development Experience Experience managing: 1. New construction residential development 2. Affordable housing compliance requirements 3. Workforce housing initiatives 4. Municipal partnerships 5. Fast-track construction timelines 6. Energy-conscious residential construction standards

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 41
  • Transparency & Controls: 82
  • Accountability: 57
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 26.8%; rating input score 27
  • Program expense ratio: 79.4%; rating input score 79
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 19th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 24th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 66.3%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 68.7; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0.99; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: -191.9% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: 10.6% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 149.5% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 26.8% of revenue deployed · 79.4% of spending went to programs
  • Governance: 2 of 3 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $14K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 18 of 19 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 27/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.