Dna Rising
Nonprofit profile at a glance
- EIN
- 852810320
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Euclid, OH, USA
- Phone
- 2169264565
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $157,894
- Expenses
- $140,859
- Assets
- $43,175
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Danielle Acosta (Founder/President)
- Tracie Cleveland (Vice President)
People named in this filing
- Danielle Acosta (Founder/President)
- Tracie Cleveland (Vice President)
- LaToya Smith (Secretary)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of DNA RISING is to provide housing for, and thereby enhancing the lives of those community members who are striving to rise out of homelessness. We will accomplish this mission by acquiring donated properties from various sources such as the Cuyahoga County Land Bank, private owners looking to transfer an inherited or unwanted property, or owners needing assistance to alleviate tax liens. The properties will then be inspected and assessed by partner inspectors, appraisers and project managers in order to determine the renovation plan and budget. Local tradesmen will renovate the properties for the purpose of renting (up to 3 years) to formerly or currently homeless veterans or single mothers. The vision for DNA RISING is to actively contribute to the renovation, improvement and rebirth of Cleveland's inner city and first ring suburbs, while supporting the underserved populations of this magnificent city by providing affordable Bridge rental housing.
What it reported doing in 2024
The organization completed the rehabilitation of a home for a family of 8. All grants dollars were used for this purpose.
Operating model
- Revenue model
- Donor-supported. 90% of the money available for current operations came from contributions and gifts.
- 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
SUPPORTED - 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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 82
- Sustainability: 52
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.9%; rating input score 84
- Program expense ratio: 93.9%; rating input score 94
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 10.8%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 0.31; rating input score 26; 26th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 83.9% of revenue deployed · 93.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $132K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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: Total-asset coverage ratio scored 26/100.
- Review — Sustainability: Operating margin scored 59/100.