Contra Costa Interfaith Transitional Housing Inc

Nonprofit profile at a glance

EIN
911797391
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Pleasant Hill, CA, USA
Phone
9259442244
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Homeless Shelters
Affiliation
Interfaith

Official website

Reported finances

Revenue
$28,909,160
Expenses
$21,160,610
Assets
$17,506,799
Liabilities
$3,832,533

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

Leadership & pay

22 people listed

Executive titles in this filing

  • Deanne Pearn (Chief Executive Officer)

Highest reported compensation

  • Deanne Pearn (Chief Executive Officer): $248,522 total reported compensation
  • Christina McCarthy (Chief Financial Officer): $196,251 total reported compensation
  • Alex Atkinson (Chief Operating Officer): $195,284 total reported compensation

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

Overview

Mission

Hope Solutions provides permanent affordable housing coupled with well-executed support services to people who are homeless or at risk to become homeless in Contra Costa County. Support services are individualized for each person or family in order to assist them to stabilize their health and housing and become as self-sufficient as possible. Adult services focus on mental and physical health, life skills, employment, parenting, and eviction prevention. Youth services focus on emotional and physical health, education, social and life skill building, good citizenship and preparation for adulthood. All services are accessible in that they are provided on-site at apartment complexes or in consumers' homes.

What it reported doing in 2024

Rapid Rehousing and Navigation services are provided to high-risk individuals and families referred through Contra Costa County's coordinated entry system. This program provides housing search assistance, time-limited rental subsidies, and case management to help participants secure and sustain permanent housing. Established in 2017 as the County's initial housing navigation program, this program was expanded in 2019 through the CalWORKS "HousingWORKS!" rapid rehousing program. The program has continued to expand in recent years with additional funding from Contra Costa County This program provides access to permanent housing, time limited rental subsidies, and intensive support designed to help families find, move in, and ultimately sustain permanent housing. The program has expanded in recent years with additional funding from Contra Costa County, the City of Concord, and HUD, to house 1,273 households, or 2,065 individuals, in the last fiscal year.

Operating model

Revenue model
Grant-funded. 62% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 61% for direct work, and 39% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 61
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.4%; rating input score 66
  • Program expense ratio: 90.3%; rating input score 90
  • Fundraising efficiency: $27.25 raised per $1 spent on fundraising; rating input score 64; 64th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • 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; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: 26.8%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 0.83; rating input score 29; 29th percentile among comparable filings
  • Liabilities to assets ratio: 0.22; rating input score 56; 56th percentile among comparable filings
  • Officer compensation ratio: 6.4%; rating input score 40; 40th percentile among comparable filings

Growth

  • Program expense growth: 21.7% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 23.5% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 17.8% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 66.4% of revenue deployed · 90.3% of spending went to programs
  • Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $19.1M in reported program spending
  • Leadership: top reported pay $249K · 22 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $695K reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 9 filed money-flow records
  • Related organizations: 2 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Total-asset coverage ratio scored 29/100.
  • Moderate — Sustainability: Officer compensation ratio scored 40/100.
  • Review — Sustainability: Liabilities to assets ratio scored 56/100.