Hurst Homes Inc

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.

4 people listed

Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

House and habilitate individuals with disabilities to make sure they can adapt with society. Male and female to 55 years old.

501C 3 code section 170 House and habilitate individuals with disabilities to make sure they can adapt with society. Male and Female to 55 years old.

Revenue model: Grant-funded. 97% of the money available for current operations came from government grants.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 60th 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

Independent voting board: 50%; rating input score 50; 10th percentile among comparable filings
Governance controls: 8 of 9 controls in place; rating input score 89
- 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: Fail

Operating margin: 6.3%; rating input score 62; 62nd percentile among comparable filings
Total-asset coverage ratio: 0.24; rating input score 13; 13th percentile among comparable filings
Liabilities to assets ratio: 0.22; rating input score 40; 40th percentile among comparable filings
Officer compensation ratio: 8.2%; rating input score 43; 43rd percentile among comparable filings

Program expense growth: Limited
Revenue growth: 15.6% per year; rating input score 100; 79th percentile among comparable filings
Asset growth: 17.2% per year; rating input score 100; 80th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 2 of 4 board members independent · 8 of 9 filing controls reported
Programs: 1 filed program accomplishment · $1.1M in reported program spending
Leadership: top reported pay $69K · 4 people listed
Consistency: 25 of 25 current checks pass
Schedules: 5 filed schedules · includes major donors
Filing history: 3 filing years from 2010 to 2012
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Signals prioritize questions for review. They are not findings of misconduct.

Review — Accountability: Independent voting board scored 50/100.
High — Sustainability: Total-asset coverage ratio scored 13/100.
Review — Accountability: Governance controls: Independent financial-statement audit not reported.
Moderate — Sustainability: Liabilities to assets ratio scored 40/100.
Moderate — Sustainability: Officer compensation ratio scored 43/100.