Level-equity Building Inc

Nonprofit profile at a glance

EIN
862161510
IRS 990 coverage
2022–2025
Forms available
Form 990 2025, Form 990-N 2023
Location
Pittsburgh, PA, USA
Phone
4129697151
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
Housing Development, Construction, Management

Reported finances

Revenue
$1,016,601
Expenses
$326,880
Assets
$1,219,384
Liabilities
$15,147

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • JASON TIGANO (CEO)
  • DAVID CALIGUIRI (PRESIDENT)

Highest reported compensation

  • JASON TIGANO (CEO): $114,125 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Level: equity buildings (level) provides a holistic, system-innovating program model to develop homeowners, housing stock, and communities at a pace complementing each other. We build enthusiasm in communities by hosting events and community activities, with advoacy opportunities around homeownership.

What it reported doing in 2025

Rehab for resale program - working with communities and local municipalities, level will acquire, fundraise, and facilitate construction activities on single and multi-family housing projects that create home ownership opportunities for residents.

Operating model

Revenue model
Grant-funded. 89% of the money available for current operations came from government grants.
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

MIXED - The filed numbers largely add up and most voting board members are independent. 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: 22
  • Transparency & Controls: 92
  • Accountability: 74
  • Sustainability: 75
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 7.7%; rating input score 8
  • Program expense ratio: 24%; rating input score 24
  • Fundraising efficiency: $104.27 raised per $1 spent on fundraising; rating input score 85; 85th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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; 64th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 67.8%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 3.73; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 58; 58th percentile among comparable filings
  • Officer compensation ratio: 34.9%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 50.4% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: -2.9% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: 10.3% per year; rating input score 100; 56th percentile among comparable filings

Details

  • Where the money goes: 7.7% of revenue deployed · 24% of spending went to programs
  • Governance: 7 of 7 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $78K in reported program spending
  • Leadership: top reported pay $114K · 6 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 3 filing years from 2022 to 2025
  • 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: Mission deployment rate scored 8/100.
  • High — Financial Efficiency: Program expense ratio scored 24/100.
  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • Review — Sustainability: Liabilities to assets ratio scored 58/100.