Interfaith Works
Nonprofit profile at a glance
- EIN
- 521072684
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Rockville, MD, USA
- Phone
- 3017628682
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Protestant
- Affiliation
- Interfaith
Reported finances
- Revenue
- $23,756,040
- Expenses
- $23,324,709
- Assets
- $7,100,226
- Liabilities
- $5,409,147
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- COURTNEY HALL (CEO)
Highest reported compensation
- COURTNEY HALL (CEO): $207,861 total reported compensation
- TERESA BLANDON (DIRECTOR OF DEVELOPMENT): $151,588 total reported compensation
- ELIZABETH KRUEGER (DIRECTOR OF HOMELESS SERVICES): $114,973 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Interfaith works was established in 1972, and incorporated in 1978. Our mission is to support our neighbors in need by providing vital services and a pathway to greater stability. We provide emergency shelter, housing, clothing, food, financial assistance, and job placement services.
What it reported doing in 2024
Homeless services: the interfaith works women's center (iwwc) is a low-barrier and housing-focused emergency shelter that serves adult women experiencing homelessness in montgomery county. Iwwc clients are provided with case management to connect them to a range of resources such as housing location, vocational services, medical, dental, mental health, and legal services.the iw overflow shelter (iwof) provides year-round low-barrier shelter for adults experiencing homelessness. Iwof case managers engage shelter clients and work to connect them with resources and housing.the iw empowerment center (iwec) is a year-round low-barrier day program for adults experiencing homelessness. The program provides a range of services and resources including outreach, case management, primary medical care, psychiatric services, legal services, therapeutic and recreational groups, as well as access to showers and laundry. The iwec houses the iw overflow shelter program, which is generally open from november-march.priscilla's house and becky's house are two separate permanent supportive housing programs that collectively serve sixteen women diagnosed with chronic physical and behavioral health conditions. Employees assigned to these programs are on duty 24 hours a day to support the residents in maintaining housing. A case management team works individually with residents to help them improve their health and wellness, by ensuring that they remain connected to needed services and resources.interfaith homes (ifh) is a permanent supportive housing program for formerly homeless individuals who have been diagnosed with a disability. It provides scattered-site apartments with wrap-around supportive services needed for residents to gain greater stability and maintain housing. The supportive service team is comprised of case managers, a nurse, case aide, and a housing services coordinator.the housing initiative program (hip) is a permanent supportive housing program for formerly homeless individuals and families who live with a disability. Through this program, iw provides case management to those who reside in homes throughout montgomery county. The hip and ifh teams work together to provide supportive services to individuals and families based on their identified needs.the interfaith works residences (iwr) provides permanent supportive housing in private living quarters for twenty-one people who are diagnosed with a disability and have experienced homelessness. Iwr helps highly vulnerable individuals maintain housing by providing 24-hour on-site staff and individualized case management.the interfaith works rapid rehousing program provides supportive services to formerly homeless men and women receiving temporary housing vouchers from montgomery county health and human services. The program is designed to help individuals to maintain housing in scattered sites across the county with the goal of increasing their income, achieving self-sufficiency, and attaining complete housing independence.
Operating model
- Revenue model
- Grant-funded. 61% of the money available for current operations came from government grants.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 58% for direct work, and 42% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.7%; rating input score 88
- Program expense ratio: 89.3%; rating input score 89
- Fundraising efficiency: $25.89 raised per $1 spent on fundraising; rating input score 63; 63rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 42nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 66th 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: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.8%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 0.3; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 0.76; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 2.7%; rating input score 71; 71st percentile among comparable filings
Growth
- Program expense growth: 5.7% per year; rating input score 100; 47th percentile among comparable filings
- Revenue growth: 6.3% per year; rating input score 100; 54th percentile among comparable filings
- Asset growth: 9.2% per year; rating input score 100; 61st percentile among comparable filings
Details
- Where the money goes: 87.7% of revenue deployed · 89.3% of spending went to programs
- Governance: 18 of 18 board members independent · 8 of 9 filing controls reported
- Programs: 6 filed program accomplishments · $20.8M in reported program spending
- Leadership: top reported pay $208K · 23 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $853K reported
- Consistency: 43 of 43 current checks pass
- Schedules: 10 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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 — Sustainability: Operating margin scored 41/100.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 15/100.