Craig's Doors - a Home Association Inc

Nonprofit profile at a glance

EIN
452474862
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
Amherst, MA, USA
Phone
4132560704
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Housing Development, Construction, Management

Official website

Reported finances

Revenue
$3,576,992
Expenses
$3,565,263
Assets
$834,389
Liabilities
$320,937

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

Leadership & pay

10 people listed

Executive titles in this filing

  • GERALD WEISS (PRESIDENT)
  • TIM MCCARTHY (EXECUTIVE DIRECTOR)

Highest reported compensation

  • TIM MCCARTHY (EXECUTIVE DIRECTOR): $74,240 total reported compensation

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

Overview

Mission

A human services organization that provides vulnerable and unhoused members of our community with emergency shelter, food, and safety, as well as access to the resources they need to achieve physical, mental, emotional, and social well-being.

What it reported doing in 2024

Our emergency congregate shelter, craig's place, operates year-round and is open 24 hours. Our shelter has a behavior-based admission policy: all who show respect for the safety and well-being of our guests, volunteers, and staff are welcome. At craig's place, guests have access to a safe place to sleep, dinner and breakfast, showers, storage, and stabilization services. Services include direct case management and referrals with a focus on housing, benefits, social services, health services, and employment to partner agencies that provide support to veterans, youth, members of the lgbtqia+ community, and victims of domestic violence.in addition to our congregate site, we offer year-round non-congregate emergency accommodations at the former econolodge in hadley, ma. Like our congregate shelter, guests at the ecl have access to a safe place to sleep and basic amenities such as showers, storage, wifi, as well as meals. A motel-style shelter, the ecl provides our most vulnerable guests with private rooms (2 guests per room), along with consistent case management support to assist them with securing social services, mental and physical health resources, and housing.craig's doors' case managers work closely with guests at craig's place and our year-round motel sites and our resource center to develop strategies and goals that meet their unique needs, support their long-term health and well-being, and connect them with permanent, supportive re-housing options. With an emphasis on trauma-informed care and harm reduction, case managers meet every guest where they're at, and strive to maintain a culture of respect and perpetual positive regard. Through our case management department, guests have access to a wide network of partner service providers to connect them with resources at every level.the low-threshold housing program provides permanent supportive housing through rental assistance and intensive supportive case management services to 16 formerly unhoused individuals living in rental units around amherst.

Operating model

Revenue model
Grant-funded. 95% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 92% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 31
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.5%; rating input score 93
  • Program expense ratio: 92.8%; rating input score 93
  • Fundraising efficiency: $306.83 raised per $1 spent on fundraising; rating input score 94; 94th 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: 8 of 8 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: 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: 0.3%; rating input score 35; 35th percentile among comparable filings
  • Total-asset coverage ratio: 0.23; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0.38; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 2.1%; rating input score 75; 75th percentile among comparable filings

Growth

  • Program expense growth: 30.4% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 30.2% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 20.1% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 92.5% of revenue deployed · 92.8% of spending went to programs
  • Governance: 7 of 7 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $3.3M in reported program spending
  • Leadership: top reported pay $74K · 10 people listed
  • Consistency: 33 of 33 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Sustainability: Operating margin scored 35/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.