Envision Communities Inc

Nonprofit profile at a glance

EIN
883604915
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2022, Form 990-N 2022
Location
Ham Lake, MN, USA
Phone
7157903378
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Low-Income & Subsidized Rental Housing

Reported finances

Revenue
$404,625
Expenses
$201,062
Assets
$932,793
Liabilities
$15,296

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

Leadership & pay

7 people listed

Highest reported compensation

  • FREDERICK TORAN (CHAIR): $14,107 total reported compensation

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

Overview

Mission

Envision communities is dedicated to empowering individuals with lived experience of homelessness to become leaders in creating sustainable housing solutions. Through our innovative leadership development program, we provide training, support, and resources to position people with lived experience as the designers and decision-makers of envision community an intentional supportive housing community where all people have what they need to live their healthiest lives. By prioritizing equity, advocating for systemic change, and fostering inclusivity, we aim to create housing communities where everyone has a voice and where the environment promotes social connectedness, improves health outcomes, and offers opportunities for all residents to thrive.

What it reported doing in 2024

In 2024, envision communities empowered and engaged individuals with lived experience of homelessness by involving them as designers, problem solvers, and decision-makers to inform the policies, procedures, and supports that will be in place for the intentional housing community scheduled to be built in 2025. Envision communities initiated the formation of policy for mental health, engaging 6-8 individuals with lived experience alongside 5 students from the university of Minnesota. Envision communities also successfully initiated a restorative justice practice with experienced practitioners, enhancing the community's commitment to equitable conflict resolution. And finally, envision grew the envision leader program by six new leaders and pilot testing onboarding procedures for new envision leaders, ensuring a smooth integration into the community's governance structure. The board and envision leaders upheld fiscal responsibility, successfully raised funds, and managed the pre-development and initial development phases for the first envision community, set to be built on penn avenue in north minneapolis in 2025.

Operating model

Revenue model
Donor-supported. 84% 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 - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 47
  • Transparency & Controls: 92
  • Accountability: 76
  • Sustainability: 75
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 34.1%; rating input score 34
  • Program expense ratio: 68.6%; rating input score 69
  • Fundraising efficiency: $11.4 raised per $1 spent on fundraising; rating input score 43; 43rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 85.7%; rating input score 86; 23rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 50.3%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 4.64; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 7%; rating input score 31; 31st percentile among comparable filings

Growth

  • Program expense growth: 53.7% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 47.9% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 34.8% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 34.1% of revenue deployed · 68.6% of spending went to programs
  • Governance: 6 of 7 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $138K in reported program spending
  • Leadership: top reported pay $14K · 7 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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 — Financial Efficiency: Mission deployment rate scored 34/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 43/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 31/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.