Elizabeth Foundation

Nonprofit profile at a glance

EIN
832388569
IRS 990 coverage
2022–2025
Forms available
Form 990 2025, Form 990-N 2021
Location
Atlanta, GA, USA
Phone
4044686503
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Homeless Centers

Reported finances

Revenue
$74,100
Expenses
$59,805
Assets
$23,718
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

Highest reported compensation

  • TRACY THOMPSON (Executive Dir.): $12,500 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To connect to people experiencing chronic homelessness in Metro Atlanta through peer mentorship, advocacy, and case management to provide wrap around services, connect to stable housing, and provide aftercare.

What it reported doing in 2025

The following programs were operated in 2025:1)Temporary housing for clients with special needs (e.g., life-threatening chronic illness, third trimester of pregnancy or living with young children. Support clients who require extended hotel stays (anticipated to be 12 weeks for each client) in a hotel where we have a negotiated discounted rate. 2)Obtaining documents (birth certificates, Social Security cards and GA State ID cards for new clients. These documents are required for housing and jobs.3)Support the cost of medicines for chronically ill clients who have no other means to purchase prescriptions.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 58% for direct work, and 42% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 94
  • Accountability: 76
  • Sustainability: 46
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.9%; rating input score 68
  • Program expense ratio: 84.1%; rating input score 84
  • Fundraising efficiency: $17 raised per $1 spent on fundraising; rating input score 63; 63rd 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: 98.8%; rating input score 99; 61st 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; 64th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Limited
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 19.3%; rating input score 69; 69th percentile among comparable filings
  • Total-asset coverage ratio: 0.4; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 20.9%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 4.4% per year; rating input score 100; 62nd percentile among comparable filings
  • Revenue growth: 4.4% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: -16.6% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: 67.9% of revenue deployed · 84.1% of spending went to programs
  • Governance: 11 of 11 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $50K in reported program spending
  • Leadership: top reported pay $12K · 12 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 4 filed schedules · includes major donors and grants
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.