Estates Plaza Affordable Housing I
Nonprofit profile at a glance
- EIN
- 931197526
- IRS 990-EZ coverage
- 2018–2020
- Forms available
- Form 990-EZ 2020
- Location
- Portland, OR, USA
- Phone
- 5032873496
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Housing Support
Reported finances
- Revenue
- $116,006
- Expenses
- $78,642
- Assets
- $226,879
- Liabilities
- $47,125
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- HARVEY RICE (SECRETARY)
- ROBYN HARRIS (TREASURER)
- SAMUEL COLE (DIRECTOR)
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 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Providing low-income housing by operating a 9 unit apartment building
What it reported doing in 2020
Continued to operate and adequately maintain a 9 unit multifamily apartment building for low-income families.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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 total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 82
- Sustainability: 72
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 58.5%; rating input score 59
- Program expense ratio: 86.5%; rating input score 87
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 32.2%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 2.88; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings
Growth
- Program expense growth: 11.3% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 8.9% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: -5.8% per year; rating input score 0; 13th percentile among comparable filings
Details
- Where the money goes: 58.5% of revenue deployed · 86.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $68K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2018 to 2020
- Contacts: How to reach this organization
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 59/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 25/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.