Miami Valley Fair Housing Center Inc

Nonprofit profile at a glance

EIN
311384075
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Dayton, OH, USA
Phone
9372236035
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Housing Support

Official website

Reported finances

Revenue
$1,037,374
Expenses
$1,145,860
Assets
$2,459,954
Liabilities
$1,324,527

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

Leadership & pay

13 people listed

Executive titles in this filing

  • JAMES J MCCARTHY (PRESIDENT & CEO)

Highest reported compensation

  • JAMES J MCCARTHY (PRESIDENT & CEO): $103,305 total reported compensation

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

Overview

Mission

Founded in 1993 as a nonprofit corp with 501(c)(3) tax-exempt status, the miami valley fair housing center (mvfhc) continues to be the only private fair housing organization in the maimi valley region. The mission of mvfhc is to eliminate housing discrimination and ensure equal housing opportunity locally and nationally. Specifically, the mvfhc seeks to eliminate housing descrimination against all persons because of race, color, religion, national origin, sex, disability, famillial status or any other characteristic protected under state or local laws. Mvfhc engages in activities designed to encourage fair housing practices through educational efforts; assist persons who believe they have been victims of housing discrimination; identifies barriers to fair housing; works with elected officials and government representatives; and takes appropriate enforcement action when necessary.

What it reported doing in 2024

Enforcementthe federal fair housing act became law in 1968, making housing discrimination unlawful in the nation. Despite this legal protection and decades of work by mvfhc and other private fair housing organizations to educate, train persons and organizations, housing discrimination persists.mvfhc's enforcement efforts support our mission by engaging in activities to document and address unlawful housing discrimination. - intake and referrals: mvfhc receives allegations of housing disrimination and connects persons with federal, state, and local agencies for investigation. Mvfhc may also provide investigation and advocacy services. - investigations: when mvfhc has reason to believe fair housing laws are being violated, it conducts investigations to assess the situation. Mvfhc also works in collaboration with other priviate fair housing organizations to investigate potential systemic issues that extend beyond its usual service delivery area. - counteraction: in instances where mvfhc identifies discrimination, mvfhc diverts its resources to address documented discrimination through, for example, re-training, re-education campaigns, and outreach activities. - elimination and prevention: mvfhc leverages fair housing laws to eliminate discrimination it has documentated, prevent future discrimination, and provide relief to individuals and communities harmed by discrimination. - community reinvestment: mvfhc seeks to reinvest in communities harmed by discrimination, and to make neighborhoods and persons whole.in cy2024 mvfhc received allegations of or inquiries about housing discrimination from 1,029 individuals who sought mvfhc's assistance because they believed they may have experienced housing discrimination. On 323 of those allegations, mvfhc conducted intake, analyzed and provided assistance with the investigation. For the remaining 595 inquiries, mvfhc conducte intake and made referrals to other organizations/resources that could more appropriately address the situation described. In the four years prior to cy2024, mvfhc received 4,409 such allegations and on 1,196 of these allegations, mvfhc analyzed and provided assistance with the investigation. For the remaining 3,213 mvfhc conducted intake and made referrals to other organizations/resources that could more appropriately address the situation described.

Operating model

Revenue model
Grant-funded. 66% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 88% 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 94
  • Accountability: 95
  • Sustainability: 34
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.5%; rating input score 93
  • Program expense ratio: 83.5%; rating input score 84
  • Fundraising efficiency: $32.89 raised per $1 spent on fundraising; rating input score 70; 70th 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: 100%; rating input score 100; 76th percentile among comparable filings
  • 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: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -10.5%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 2.15; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 0.54; rating input score 14; 14th percentile among comparable filings
  • Officer compensation ratio: 9%; rating input score 40; 40th percentile among comparable filings

Growth

  • Program expense growth: -6.1% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: -6.4% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: 6% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 92.5% of revenue deployed · 83.5% of spending went to programs
  • Governance: 12 of 12 board members independent · 7 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $957K in reported program spending
  • Leadership: top reported pay $103K · 13 people listed
  • Consistency: 32 of 32 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 11 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 16/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • High — Sustainability: Liabilities to assets ratio scored 14/100.
  • Moderate — Sustainability: Officer compensation ratio scored 40/100.