Housingfirst Lab
Nonprofit profile at a glance
- EIN
- 841840145
- IRS 990-EZ coverage
- 2020–2020
- Forms available
- Form 990-EZ 2020, Form 990-N 2019
- Location
- Denver, CO, USA
- Phone
- 2022155295
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Housing Support
Reported finances
- Revenue
- $65,406
- Expenses
- $45,966
- Assets
- $27,413
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Austan Mogharabi (Executive Director)
People named in this filing
- Austan Mogharabi (Executive Director)
- Blaine Pellicore (Chairman of the Board)
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 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Identify & implement housing solutions for the homeless
What it reported doing in 2020
Raised $10,410 dollars to support emergency COVID relief work for organizations in Denver, Washington, DC, and San Francisco. Funds raised and donated provided over 400 nights of hotel/motel service in Denver, one week of emergency housing for a family in Washington, DC, and one month of food for a family in SF.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for grants.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 100
- Sustainability: 52
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.1%; rating input score 69
- Program expense ratio: 98.3%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 29.7%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 0.6; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
- Officer compensation ratio: 62.6%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 69.1% of revenue deployed · 98.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $45K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- High — Sustainability: Total-asset coverage ratio scored 24/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.