Action Housing Inc Ahi-5000 Second Ave Inc

Nonprofit profile at a glance

EIN
352480129
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Pittsburgh, PA, USA
Phone
4122812102
Rating
81
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$109,471
Expenses
$135,537
Assets
$1,698,215
Liabilities
$290,817

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • REBECCA YAGO (PRESIDENT)
  • LAWRENCE A SWANSON (VICE PRESIDENT)
  • RON CIOTTI (VICE PRESIDENT)

People named in this filing

  • REBECCA YAGO (PRESIDENT)
  • LAWRENCE A SWANSON (VICE PRESIDENT)
  • RON CIOTTI (VICE PRESIDENT)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Ahi 5000 2nd avenue is a not-for-profit organization, as described in section 501(c)(3) of the internal revenue code, chartered by the commonwealth of Pennsylvania for the purpose of providing commercial real estate space to non-profit and charitable organizations that will provide support services that will benefit very low, low, and moderate income families and persons. As such, the organization is exempt from federal income taxes under internal revenue code section 501(c)(3).

What it reported doing in 2024

Ahi 5000 2nd avenue is a not-for-profit organization, as described in section 501(c)(3) of the internal revenue code, chartered by the commonwealth of Pennsylvania for the purpose of providing commercial real estate space to non-profit and charitable organizations that will provide support services that will benefit very low, low, and moderate income families and persons.

Operating model

Revenue model
Earned-program. 94% of the money available for current operations came from fees and other program revenue.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 90
  • Accountability: 64
  • Sustainability: 43
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -23.8%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 12.53; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 3.6% per year; rating input score 100; 47th percentile among comparable filings
  • Revenue growth: -22.1% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: 0.4% per year; rating input score 100; 26th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 5 of 5 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $136K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Accountability: Governance controls: 5 of 6 not reported.
  • High — Sustainability: Operating margin scored 12/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.