Diakon Housing and Development Inc
Nonprofit profile at a glance
- EIN
- 300137524
- IRS 990-EZ coverage
- 2010–2010
- Forms available
- Form 990-EZ 2010
- Location
- Allentown, PA, USA
- Phone
- 6106821262
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Limited
- Sector
- Low-Income & Subsidized Rental Housing
Reported finances
- Revenue
- $86,529
- Expenses
- $171,133
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Amounts in USD.
Leadership & pay
8 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See line 28
What it reported doing in 2010
Diakon Housing and Development, Inc., was born of the desire to help rebuild communities, to re-create neighborhoods in the truest sense of the word. At the heart of Diakon Housing and Development was a faith-based mission to create community by bringing together local leadership, rebuilding local assets, and creating affordable housing for people of all backgrounds and financial means, to help rebuild hope for those in need. With the support of its parent company, Diakon, Diakon Housing and Development, Inc., worked to enhance neighborhoods. In 2010, the organization completed work on housing rehabilitation it had undertaken in several sections of the City of Baltimore, Maryland. Because at the end of 2009, two of seven acquired and rehabilitated homes remained the property of Diakon Housing and Development, Inc., and efforts to sell the homes to qualified individuals or families were unsuccessful, Diakon Housing & Development made the decision to give the homes, without charge, to Ba
Operating model
- Revenue model
- Other-operating. 69% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 89% of its reported program spending out as grants.
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: 100
- Transparency & Controls: 82
- Sustainability: 4
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -97.8%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $171K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- 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 — Sustainability: Operating margin scored 7/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.