Anchorage Coalition to End Homelessness

Nonprofit profile at a glance

EIN
461156688
IRS 990 coverage
2015–2022
Forms available
Form 990 2022, Form 990-EZ 2014
Location
Anchorage, AK, USA
Phone
9073436371
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Homeless Centers

Official website

Reported finances

Revenue
$2,726,072
Expenses
$2,740,698
Assets
$1,913,127
Liabilities
$639,657

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • Megan Allison-Zaletel (Executive Director)

Highest reported compensation

  • Megan Allison-Zaletel (Executive Director): $104,034 total reported compensation
  • Tahnee Conte-Seccareccia (Director of Finance & Administration): $98,751 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the Anchorage Coalition to End Homelessness is to provide dynamic leadership to unite Anchorage in making homelessness rare, brief, and one-time.

What it reported doing in 2022

The Continuum of Care (CoC) Program is designed to assist individuals including unaccompanied youth and families experiencing homelessness, and to provide the services needed to help such individuals move into transitional and permanent housing, with the goal of long-term stability. The program promotes community-wide planning and strategic use of resources to address homelessness; improved coordination and integration with mainstream resources and other programs targeted to people experiencing homelessness; improved data collection and performance measurement; and allows the community to tailor its programs to the particular strengths and challenges experienced at any given time. In Alaska, there are two Continua of Care, Anchorage (AK-500) and the Balance of State (AK-501). The Anchorage Coalition to End Homelessness (ACEH) General Membership serves as Anchorage's CoC. Many organizations participate in ACEH from many different sectors working together on the community plan to end homelessness.

Operating model

Revenue model
Grant-funded. 66% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 75% for direct work, and 25% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 86
  • Accountability: 95
  • Sustainability: 30
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.1%; rating input score 88
  • Program expense ratio: 87.6%; rating input score 88
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 86.7%; rating input score 87; 2nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.5%; rating input score 99; 38th percentile among comparable filings
  • 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: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -0.5%; rating input score 31; 31st percentile among comparable filings
  • Total-asset coverage ratio: 0.7; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0.33; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 7.4%; rating input score 36; 36th percentile among comparable filings

Growth

  • Program expense growth: 26.7% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 27.5% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 29.6% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 88.1% of revenue deployed · 87.6% of spending went to programs
  • Governance: 10 of 10 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $2.4M in reported program spending
  • Leadership: top reported pay $104K · 12 people listed
  • Highest-paid contractors: 1 contractor listed · $374K reported
  • Consistency: 31 of 33 current checks pass · 2 findings to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 8 filing years from 2015 to 2022
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • 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 — Sustainability: Operating margin scored 31/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • Review — Accountability: Governance controls: Document-retention policy not reported.
  • Moderate — Transparency & Controls: Schedule D revenue reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.
  • Moderate — Sustainability: Officer compensation ratio scored 36/100.