Homebase

Nonprofit profile at a glance

EIN
943148303
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
San Francisco, CA, USA
Phone
4157887961
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.

Reported finances

Revenue
$12,644,868
Expenses
$12,799,452
Assets
$4,891,940
Liabilities
$934,116

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

Leadership & pay

19 people listed

Executive titles in this filing

  • NIKKA RAPKIN (PRESIDENT/EXECUTIVE DIRECTOR)

Highest reported compensation

  • NIKKA RAPKIN (PRESIDENT/EXECUTIVE DIRECTOR): $290,122 total reported compensation
  • PIPER EHLEN (DIRECTOR FEDERAL PROGRAMS): $254,385 total reported compensation
  • JEAN FIELD (DIRECTOR OF POLICY/IMPLEMENTATION): $211,241 total reported compensation

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

Overview

Mission

Build community capacity to end homelessness, reduce poverty and to foster thriving, inclusive communities.

What it reported doing in 2024

Dedicated to addressing the social problem of homelessness based in the san francisco bay area. Homebase focuses on ending homelessness, preventing its recurrence and decreasing its effect on communities. Homebase works on the local, state, and national level to support communities in implementing responses to homelessness while fostering collaboration in addressing homelessness. The mission of homebase is to build community capacity to end homelessness, reduce poverty and to foster thriving, inclusive communities. Homebase supports communities and agencies in establishing these programs.

Operating model

Revenue model
Earned-program. 96% 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 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: 70
  • Transparency & Controls: 70
  • Accountability: 100
  • Sustainability: 23
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.4%; rating input score 73
  • Program expense ratio: 72.5%; rating input score 73
  • Fundraising efficiency: $12.05 raised per $1 spent on fundraising; rating input score 43; 43rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

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: -1.2%; rating input score 26; 26th percentile among comparable filings
  • Total-asset coverage ratio: 0.38; rating input score 11; 11th percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 60; 60th percentile among comparable filings
  • Officer compensation ratio: 15.1%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: 14% per year; rating input score 100; 81st percentile among comparable filings
  • Revenue growth: 13.6% per year; rating input score 100; 84th percentile among comparable filings
  • Asset growth: 14.7% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 73.4% of revenue deployed · 72.5% of spending went to programs
  • Governance: 9 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $9.3M in reported program spending
  • Leadership: top reported pay $290K · 19 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $370K reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 10 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 43/100.
  • High — Sustainability: Operating margin scored 26/100.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.