My Home Your Home Inc
Nonprofit profile at a glance
- EIN
- 391774893
- IRS 990 coverage
- 2015–2015
- Forms available
- Form 990 2015
- Location
- Milwaukee, WI, USA
- Phone
- 4142496115
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Foster Care
Reported finances
- Revenue
- $1,623,160
- Expenses
- $1,616,088
- Assets
- $494,706
- Liabilities
- $558,215
Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- CONSTANCE PALMER (CEO)
Highest reported compensation
- CONSTANCE PALMER (CEO): $92,220 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
"Bringing families hope, one individual at a time" We do this by providing the following services; treatment foster care, access to recovery, care coordination, stabilization center and transitional housing for homeless women.
What it reported doing in 2015
Treatment Foster Care program recruits and trains foster parents to take care of children that are in the State of Wisconsin children welfare system that need level 3 and 4 service. We also provide an ongoing case manager for the parents and children.
Operating model
- Revenue model
- Grant-funded. 85% of the money available for current operations came from government grants.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 71% for direct work, and 29% for grants.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 100
- Accountability: 90
- Sustainability: 30
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.6%; rating input score 75
- Program expense ratio: 74.9%; rating input score 75
- Fundraising efficiency: $30.57 raised per $1 spent on fundraising; rating input score 72; 72nd 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; 74th 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: 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: 0.4%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.31; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 1.13; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 5.7%; rating input score 54; 54th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 74.6% of revenue deployed · 74.9% of spending went to programs
- Governance: 14 of 14 board members independent · 6 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $1.2M in reported program spending
- Leadership: top reported pay $92K · 15 people listed
- Consistency: 34 of 34 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Liabilities to assets ratio scored 6/100.
- Review — Sustainability: Officer compensation ratio scored 54/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.