Billy Foundation
Nonprofit profile at a glance
- EIN
- 680314349
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Santa Rosa, CA, USA
- Phone
- 7075451044
- Rating
- 93
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Counseling, Support Groups
Reported finances
- Revenue
- $191,734
- Expenses
- $177,064
- Assets
- $170,362
- Liabilities
- $32,091
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- MARK HOFFHEIMER (PRESIDENT)
People named in this filing
- MARK HOFFHEIMER (PRESIDENT)
- STEVE TIGER (SECRETARY)
- GEORGE FRANKEL (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the billy foundation is to foster community, intimacy, and personal exploration among gay, bi, and queer men who are cis, trans, or gender nonconforming through shared values and heart-centered brotherhood.
What it reported doing in 2024
Produce events for lgbtq community.
Operating model
- Revenue model
- Earned-program. 67% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 100
- Sustainability: 52
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.4%; rating input score 92
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 7.7%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 0.96; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 0.19; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 1.3% per year; rating input score 100; 34th percentile among comparable filings
- Revenue growth: -0.3% per year; rating input score 0; 20th percentile among comparable filings
- Asset growth: 8.8% per year; rating input score 100; 58th percentile among comparable filings
Details
- Where the money goes: 92.4% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $177K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 53/100.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- High — Sustainability: Liabilities to assets ratio scored 19/100.