Homeless Youth Foundation
Nonprofit profile at a glance
- EIN
- 562574239
- IRS 990-EZ coverage
- 2010–2010
- Forms available
- Form 990-EZ 2010, Form 990-N 2009
- Location
- Henderson, NV, USA
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $113,442
- Expenses
- $266,247
- Assets
- $154,199
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Amounts in USD.
Leadership & pay
6 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The homeless youth foundation was created to establish an endowment that will ensure the longevity and future financial security of the Nevada partnership for homeless youth (nphy) and to raise and distribute funds to other like minded 501(c)(3) organizations who are committed to helping homeless youth ages birth to twenty-one.
What it reported doing in 2010
Organize, for charitable purposes, a foundation to help homeless youth ages birth to twenty-one. Receive and distribute donations to help ensure that neglected youth in the community are provided with support they need to lead successful, independent lives. Primarily accomplished through providing funding and support to Nevada partnership for homeless youth.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 63% of its reported program spending out as grants.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 100
- Sustainability: 14
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 47.1%; rating input score 47
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -134.7%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0.58; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 47.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $126K in reported program spending
- Leadership: top reported pay $107K · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Money network: 2 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.
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.
- Moderate — Financial Efficiency: Program expense ratio scored 47/100.
- High — Sustainability: Operating margin scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.