Housing Opportunities Through Positive Engagement
Nonprofit profile at a glance
- EIN
- 862329691
- IRS 990-EZ coverage
- 2021–2023
- Forms available
- Form 990-EZ 2023
- Location
- Montesano, WA, USA
- Phone
- 3605001982
- Rating
- 33
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Temporary Housing
Reported finances
- Revenue
- $235
- Expenses
- $5,113
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Derek Schlaht (Board President)
People named in this filing
- Derek Schlaht (Board President)
- Sean Robles (Board Treasruer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The specific purpose of this corporation is to purchase and develop real estate for the purposes of making it available to low-income recipients, and any other legal purpose.
What it reported doing in 2023
Our major accomplishment for 2021 is the purchase of the first piece of developable land. Our intention for the land is rehabilitation/development for t1he purposes of providing housing to our communities most vulnerable members.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 1
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -2,075.7%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 63.3%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: -143.7% per year; rating input score 0; 2nd percentile among comparable filings
- Revenue growth: -142.2% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -99.4% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2021 to 2023
- Contacts: How to reach this organization
- 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.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 2/100.