Jubilee Home

Nonprofit profile at a glance

EIN
461954060
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-N 2014
Location
Durham, NC, USA
Phone
9193814431
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$384,440
Expenses
$524,654
Assets
$424,773
Liabilities
$242,662

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

Leadership & pay

11 people listed

Executive titles in this filing

  • David A Crispell (Executive Director)

Highest reported compensation

  • David A Crispell (Executive Director): $82,140 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Jubilee Home fosters belonging, promotes healing, and builds wellness with justice-involved persons by providing quality, low barrier, supportive housing. We foster belonging by creating a community of mutuality where peer support specialists who have personal experience with incarceration, substance use disorder, and/or mental illness come alongside individuals transitioning from justice involvement to support them in overcoming the barriers that keep them from independence. We promote healing by creating safe space where residents can safely engage in mental health and substance use supports without stigma or judgement. We build wellness by focusing on the whole person and addressing nine dimensions of wellness with each resident, and we do all of this within the walls of beautiful houses that anyone would be proud to live in.

What it reported doing in 2024

In 2024, Jubilee Home provided reentry supportive services to 19 residents and over 50 community members. These reentry supports focus on the nine dimensions of wellness, and work to support the whole person as they move from incarceration to independence. In 2024, for the first time ever, 100% of residents were able to obtain employment! Our Peer Navigation team worked hard to support residents with their linkages to care including find primary care physicians, mental health and substance use disorder supports, job readiness training, interpersonal skills development, financial and computer literacy, and finally transition into independent housing.

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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 92
  • Accountability: 90
  • Sustainability: 18
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.2%; rating input score 89
  • Program expense ratio: 65.4%; rating input score 65
  • Fundraising efficiency: $5.02 raised per $1 spent on fundraising; rating input score 22; 22nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • 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: -36.5%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0.81; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0.57; rating input score 10; 10th percentile among comparable filings
  • Officer compensation ratio: 15.7%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: 47% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: 13.4% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 60.7% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 89.2% of revenue deployed · 65.4% of spending went to programs
  • Governance: 11 of 11 board members independent · 6 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $343K in reported program spending
  • Leadership: top reported pay $82K · 11 people listed
  • Consistency: 28 of 29 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 4 filing years from 2021 to 2024
  • 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.

  • High — Financial Efficiency: Fundraising efficiency scored 22/100.
  • High — Sustainability: Operating margin scored 8/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.
  • High — Sustainability: Officer compensation ratio scored 24/100.