Community Opportunity Fund

What it reported doing in 2024

Participation in the communities of opportunity academic research project. We have brought together a multi-disciplinary research and practitioner team comprised of national experts who will develop and field test an assessment methodology to understand the key pathways necessary to improve life outcomes for residents living in affordable housing. Enterprise community partners is providing neighborhood assessments via its opportunity 360 program, and is leading on policy and systems change. The assessments will be designed and led by nationally recognized experts from the dartmouth institute of health policy and clinical practice, the harvard t.h. Chan school of public health, focusing on the environmental contributors to health; and columbia university's mailman school of public health looking at the community level determinants of health. Success measures, a subsidiary of neighbor works, will lead the data collection process. The project will take place in a variety of existing jonathan rose company affordable housing properties using a factorial design methodology, which seeks to disentangle the cause and effect of various program interventions under different community circumstances. We will develop assessment and intervention tools and strategies that will broaden our understanding of how individuals, building-based communities and neighborhoods interact to create pathways to opportunity and improved life outcomes for our residents. Assessments will be made at the individual, building and community levels.the purpose of the research project is to develop assessment and intervention tools to measure the impact and cost effectiveness of implementing resident services in low income affordable housing communities. It seeks to develop the tools necessary to understand and respond to the complexity of the ecosystem in which residents live, and the factors that influence their individual life outcomes. Our approach is to collect baseline data on important aspects of this ecosystem, measure social and environmental impact interventions and collect data to assess that impact at intervention sites and comparison sites. The research project seeks to demonstrate the efficacy of the communities of opportunity model for residents, owners and neighborhoods, with the goal of scaling successful interventions.an exciting and unique feature of this project is its focus on engaging residents as partners in this work, not only in the assessment process but also as co-creators of innovative, housing-based approaches to improving their health. A key element of our implementation plan is the concept of co-production: including the residents as co-designers and co-implementers of the interventions to improve resident health outcomes and reduce health care costs. Co-production has proven to be a key component of increased resident participation and improved outcomes. Post-implementation, we will carry out re-assessments and conduct a detailed evaluation of the results, comparing the outcomes of the intervention sites with the comparison sites. We hypothesize this data will indicate pathways to increase resident health and wellbeing, reduce health care costs and property ownership costs, and compare the efficacy of the range of interventions.and then, with meaningful data, working with enterprise, intervening at the level of private financing, and public city and state housing programs, we will scale these ideas, with the vision that one day, every child in america will grow up in a community of opportunity, regardless of the neighborhood in which they live.

Financial Efficiency

• Mission deployment rate: 59.6%; rating input score 60
• Program expense ratio: 84.1%; rating input score 84
• Fundraising efficiency: Limited

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: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 80%; rating input score 80; 18th percentile among comparable filings
• Governance controls: 5 of 7 controls in place; rating input score 71
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 52.4%; rating input score 93; 93rd percentile among comparable filings
• Total-asset coverage ratio: 32.05; rating input score 98; 98th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

• Program expense growth: 30.8% per year; rating input score 100; 90th percentile among comparable filings
• Revenue growth: 5.9% per year; rating input score 100; 48th percentile among comparable filings
• Asset growth: 26.9% per year; rating input score 100; 89th percentile among comparable filings