Hamilton Families

Nonprofit profile at a glance

EIN
943055602
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
San Francisco, CA, USA
Phone
4153212612
Rating
82
Verdict
STRONG
Rating confidence
Standard
Sector
Homeless Shelters

Reported finances

Revenue
$16,705,072
Expenses
$18,906,130
Assets
$34,110,353
Liabilities
$16,864,953

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

Leadership & pay

23 people listed

Executive titles in this filing

  • KYRIELL M NOON (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • KYRIELL M NOON (CHIEF EXECUTIVE OFFICER): $241,638 total reported compensation
  • VALRIE SANDERS (CHIEF FINANCIAL OFFICER (2/21/25)): $171,450 total reported compensation
  • ELIZABETH ROMANAFF (CHIEF PEOPLE AND CULTURE OFFICER): $158,888 total reported compensation

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

Overview

Mission

Hamilton families' mission is to end family homelessness in the san francisco bay area.

What it reported doing in 2024

Housing services: preventing eviction is the least costly and most effective solution for families at risk of homelessness. Through homelessness prevention, qualifying families receive rental assistance (three months back rent plus three months future rent), income planning, referrals to legal services, and case management to help them remain housed.we help families move into housing first when possible and provide wraparound case management to help families permanently exit homelessness. Hamilton families is the largest provider of rapid re-housing services to families experiencing homelessness in san francisco. We provide families with 90-day housing search support to find a viable unit within the sf bay area (no more than 2.5 hours away from san francisco), rental subsidies for up to 20 months, case management, and wraparound services to help families find and retain stable housing. Hamilton families is dedicated to securing viable housing opportunities for our participants throughout the bay area. This includes unit and landlord acquisition and matching families with the right housing opportunities best suited to their needs. Our team of real estate specialists conduct housing quality standards certified inspections and support families as liaisons supporting the landlord-tenant relationship, helping families build their rental portfolios and maintain successful tenancy. A total of 330 families were served.a total of 585 households and 863 children and youth (0-17 years old) were served by hamilton families programs.

Operating model

Revenue model
Grant-funded. 70% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 71% for direct work, and 29% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 84
  • Accountability: 100
  • Sustainability: 30
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.7%; rating input score 84
  • Program expense ratio: 73.5%; rating input score 74
  • Fundraising efficiency: $15.53 raised per $1 spent on fundraising; rating input score 50; 50th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -13.2%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 1.8; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0.49; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 5.3%; rating input score 48; 48th percentile among comparable filings

Growth

  • Program expense growth: 7.4% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 7.4% per year; rating input score 100; 62nd percentile among comparable filings
  • Asset growth: 11.8% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • Where the money goes: 83.7% of revenue deployed · 73.5% of spending went to programs
  • Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $13.9M in reported program spending
  • Leadership: top reported pay $242K · 23 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.1M reported
  • Consistency: 38 of 38 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • Review — Financial Efficiency: Fundraising efficiency scored 50/100.
  • High — Sustainability: Operating margin scored 8/100.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.
  • Moderate — Sustainability: Officer compensation ratio scored 48/100.