Arizona Housing Coalition

Nonprofit profile at a glance

EIN
860909029
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Phoenix, AZ, USA
Phone
6023409393
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Homeless Centers

Reported finances

Revenue
$6,804,070
Expenses
$7,056,627
Assets
$2,285,802
Liabilities
$1,477,807

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

Leadership & pay

19 people listed

Executive titles in this filing

  • NICOLE NEWHOUSE (EXECUTIVE DIRECTOR)

Highest reported compensation

  • NICOLE NEWHOUSE (EXECUTIVE DIRECTOR): $144,340 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To serve as a leader in the efforts to end homelessness in Arizona through advocacy, education, and colaboration with local communities, governments, and businesses.

What it reported doing in 2024

Policy and system coordination supported the advancement of state investments in housing and homelessness, including funding for the Arizona housing trust fund and emergency shelter resources, and contributed to the reestablishment of the states interagency council on homelessness and housing. Housing supply and land use promoted policies that expand housing supply, including local efforts related to accessory dwelling units adus and increased housing density in appropriate areas. Partnerships and local collaboration worked with community-based organizations, including groups such as the primavera foundation, to support housing stability and community development efforts in areas with high housing need.

Operating model

Revenue model
Grant-funded. 83% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 99% 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.
  • 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: 91
  • Transparency & Controls: 94
  • Accountability: 90
  • Sustainability: 24
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.8%; rating input score 94
  • Program expense ratio: 90.5%; rating input score 90
  • Fundraising efficiency: $51.89 raised per $1 spent on fundraising; rating input score 79; 79th percentile among comparable filings

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: 100%; rating input score 100; 72nd 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; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • 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: -3.7%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 0.32; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 0.65; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 2%; rating input score 75; 75th percentile among comparable filings

Growth

  • Program expense growth: 23.2% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: 20.8% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 14.2% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • Where the money goes: 93.8% of revenue deployed · 90.5% of spending went to programs
  • Governance: 17 of 17 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $6.4M in reported program spending
  • Leadership: top reported pay $144K · 19 people listed
  • Highest-paid contractors: 5 contractors listed · $3M reported
  • Consistency: 35 of 35 current checks pass
  • Schedules: 9 filed schedules · includes major donors and grants
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 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.

  • High — Sustainability: Operating margin scored 23/100.
  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.