Foothill Affordable Housing Foundation
Nonprofit profile at a glance
- EIN
- 331314013
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024
- Location
- Beverly Hills, CA, USA
- Phone
- 3239892526
- Rating
- 49
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Housing Development, Construction, Management
Reported finances
- Revenue
- $385,000
- Expenses
- $75,268
- Assets
- $362,490
- Liabilities
- $52,758
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- JASON POST (EXECUTIVE VICE PRESIDENT)
- LAUREN MORTON (EXECUTIVE DIRECTOR)
People named in this filing
- DOUGLAS J MCEACHERN (DIRECTOR)
- JASON POST (EXECUTIVE VICE PRESIDENT)
- JOEY BEHRSTOCK (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Foothill affordable housing foundation is a nonprofit organization with a specific and primariy purpose to engage in charitable and eductional activities, including but not limited to fostering low-income housing. We partner with property owners who share in our mission to address the nation's significant housing crisis and assist our most vulnerable communities.
What it reported doing in 2024
Foothill affordable housing foundation manages affordable housing projects, both directly and as the managing general partner of limited partnerships and/or llcs dedicated to affordable housing projects, and is compensated with management fees for such services. The activities generating this revenue support fahf's charitable purposes by expanding the supply of affordable housing to low-income populations.
Operating model
- Revenue model
- Donor-supported. 94% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 10
- Transparency & Controls: 100
- Accountability: 53
- Sustainability: 80
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 4.5%; rating input score 5
- Program expense ratio: 23.3%; rating input score 23
- Fundraising efficiency: Limited
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: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 60%; rating input score 60; 17th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 80.4%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 4.82; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 4.5% of revenue deployed · 23.3% of spending went to programs
- Governance: 3 of 5 board members independent · 3 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $18K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 15 of 15 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 3 filed related-organization links
- 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 — Financial Efficiency: Mission deployment rate scored 5/100.
- High — Financial Efficiency: Program expense ratio scored 23/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Sustainability: Liabilities to assets ratio scored 23/100.