Heading Home

Overview

Mission

Heading home's mission is: "to empower individuals experiencing homelessness through compassionate outreach, comprehensive support services, and community partnerships, creating pathways to stable housing and the opportunity to thrive." to accomplish its mission, heading home delivers an integrated service model supporting the unhoused and precariously housed individuals and families in albuquerque. They fully own and operate the aoc (albuquerque opportunity center) shelter for men as well as a respite program for men and women supported by five contracted healthcare providers; partner in a community collaborative to operate a medical respite program that provides short-term residential care; and administer three supportive housing programs with intensive case management for qualified individuals and families. Heading home also provides street outreach to the most vulnerable in the community, a job assistance program, and is the statewide lead soar (ssdi/ssi outreach, access and recove

Operating model

Revenue model

Grant-funded. 86% of the money available for current operations came from government grants.

Distribution model

Hybrid. The nonprofit split its reported program spending across 72% for direct work, and 28% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

• Financial Efficiency: 90
• Transparency & Controls: 75
• Accountability: 95
• Sustainability: 25
• Growth: 100

Detailed rating inputs

Details

• Where the money goes: 91.6% of revenue deployed · 88.7% of spending went to programs
• Governance: 7 of 7 board members independent · 8 of 9 filing controls reported
• Programs: 1 filed program accomplishment · $9.7M in reported program spending
• Leadership: top reported pay $166K · 11 people listed · 1 of 6 pay-setting controls reported
• Highest-paid contractors: 5 contractors listed · $1.5M reported
• Consistency: 34 of 34 current checks pass
• Schedules: 6 filed schedules · includes major donors, grants, and executive pay
• Filing history: 15 filing years from 2010 to 2024
• Contacts: How to reach this organization
• Money network: 4 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.
• Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

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.

• High — Sustainability: Operating margin scored 20/100.
• High — Sustainability: Total-asset coverage ratio scored 9/100.
• Review — Accountability: Governance controls: Other executive compensation review process not reported.
• Review — Sustainability: Officer compensation ratio scored 54/100.
• Review — Sustainability: Liabilities to assets ratio scored 55/100.
• High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.