Housing Is Your Right Inc

Nonprofit profile at a glance

EIN
883965405
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-N 2022
Location
Alameda, CA, USA
Phone
8334468733
Rating
77
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Alliance/Advocacy Organizations

Reported finances

Revenue
$33,197
Expenses
$106,328
Assets
$2,084
Liabilities
$13,367

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

Leadership & pay

3 people listed

Executive titles in this filing

  • GREGORY DEVINE (CHIEF EXECUTIVE OFFICER)

People named in this filing

  • GREGORY DEVINE (CHIEF EXECUTIVE OFFICER)
  • ERIC DEVINE (CHIEF FINANCIAL OFFICER)
  • JERRY BEVERLY (SECRETARY)

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

Our Mission is to provide resources ensuring housing stability for those affected by the housing crisis ultimately improving mental, physical, and emotional health throughout marginalized communities

What it reported doing in 2024

Housing Is Your Right has helped over 100 families stay housed since our inception in 2022. In 2023 we rolled out two programs to help homeowners communicate with their lenders through restructuring their mortgage loans and education and financial literacy workshops. Loan Modification Counseling and Housing Support: (100% of clients have gone through this program) Majority of our clients are helped with our Loan Modification Counseling and Housing Support program. During this program we find out our clients housing crisis and navigate the correct channels for housing resolution and sustainability. These channels involve negotiating with the bank on our clients behalf to reinstate their loan by reducing the interest rate, recasting the loan over 40 years, and placing all delinquencies on the rear of the loan. As well as Financial Literacy and Education Workshops.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 100
  • Accountability: 53
  • Sustainability: 15
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 73.9%; rating input score 74
  • Fundraising efficiency: $2.09 raised per $1 spent on fundraising; rating input score 23; 23rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 60%; rating input score 60; 21st 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: -220.3%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 0.02; rating input score 6; 6th percentile among comparable filings
  • Liabilities to assets ratio: 6.41; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 19.6% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: -131.1% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -189.7% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 73.9% of spending went to programs
  • Governance: 3 of 5 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $79K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 23/100.
  • High — Sustainability: Operating margin scored 12/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 6/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.