Kingsport Homeless Ministry Inc
Nonprofit profile at a glance
- EIN
- 842921410
- IRS 990 coverage
- 2022–2025
- Forms available
- Form 990 2025, Form 990-EZ 2020
- Location
- Kingsport, TN, USA
- Phone
- 4237320522
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Homeless Centers
Reported finances
- Revenue
- $967,636
- Expenses
- $314,555
- Assets
- $1,403,622
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- MICHAEL L LATTIER (PRESIDENT)
People named in this filing
- DAVID FAGERBURG (BOARD MEMBER)
- ANTHONY VENZON (BOARD MEMBER)
- MATT QUAY (BOARD MEMBER)
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
Purchase and operation of a therapeutic day center and night shelter for homeless individuals. We have social workers, counselors to provide support for housing, referrals to services for health, mental health, drug & alcohol programs and job placement and dental/ vision services
What it reported doing in 2025
KHM purchased a 13,300 sq ft building and we essentially completed the process of renovating the building to code to allow for the opening. The night shelter renovation (40) beds opened on December 2. Counseling center has been open for over 3 years with annual client contacts exceeding 1,500 per year. We work daily with other agencies providing needed team work. We have made available space at no charge, for a College who placed 6 dental chairs for their dental school students allowing them to provide free dental care for homeless and underserved . In the same dental suite another non-profit will provide free vision services and make dentures in their lab. We have hired an executive director and previously hired a shelter director who has been providing casework services during the renovation of the building. The community has shown strong financial support for the purchase and renovation of the shelter to be known as Grace House
Operating model
- Revenue model
- Donor-supported. 99% 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
SUPPORTED - The filed numbers largely add up and most voting board members are independent. 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: 47
- Transparency & Controls: 100
- Accountability: 76
- Sustainability: 88
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 29.7%; rating input score 30
- Program expense ratio: 91.3%; rating input score 91
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- 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: 67.5%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 4.46; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 88; 88th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: 69% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 50.8% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 36.2% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 29.7% of revenue deployed · 91.3% of spending went to programs
- Governance: 7 of 7 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $287K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 18 of 18 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 30/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.