Community Housing Resources of Arizona
Nonprofit profile at a glance
- EIN
- 860627789
- IRS 990-EZ coverage
- 2016–2016
- Forms available
- Form 990 2015, Form 990-EZ 2016
- Location
- Scottsdale, AZ, USA
- Phone
- 4803581000
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Housing Support
Reported finances
- Revenue
- $146,411
- Expenses
- $318,798
- Assets
- $49,638
- Liabilities
- $57,243
Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Michael B Nelson (Vice President)
- Michael D Nelson (President)
People named in this filing
- Michael B Nelson (Vice President)
- Michael D Nelson (President)
- James T Rayburn (Director)
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 2016. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide homeownership assistance to low to moderate income families, promote fair housing and equal housing opportunities by educating families about the advantages and responsibilities of homeownership.
What it reported doing in 2016
Counseling Program - Provided counseling to potential home buyers about affordable housing opportunities, available financial assistance, responsibilities of home ownership, mortgage qualification process, and locating suitable properties.Provided mortgage default/loss mitigation counseling to homeowners delinquent on their mortgages.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 100
- Sustainability: 7
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 87%; rating input score 87
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -117.7%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 1.15; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 20.4%; rating input score 18; 18th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -17.4% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: -19.5% per year; rating input score 0; 8th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 87% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $277K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- High — Sustainability: Operating margin scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- High — Sustainability: Officer compensation ratio scored 18/100.