N Street Village Inc

Nonprofit profile at a glance

EIN
521007373
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Washington, DC, USA
Phone
2029392076
Rating
84
Verdict
STRONG
Rating confidence
Standard

Official website

Reported finances

Revenue
$10,490,546
Expenses
$12,111,794
Assets
$29,791,008
Liabilities
$3,866,292

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

Leadership & pay

33 people listed

Executive titles in this filing

  • PORTIA ROBERTSON MIGAS (CHIEF EXECUTIVE OFFICER)
  • KENYATTA BRUNSON (CHIEF EXECUTIVE OFFICER (FORMER))

Highest reported compensation

  • PORTIA ROBERTSON MIGAS (CHIEF EXECUTIVE OFFICER): $206,422 total reported compensation
  • REBECCA BOONE BULL (CHIEF OF DEVELOPMENT (FORMER)): $194,166 total reported compensation
  • LEORA BRADEN IBRAHEEM (CHIEF PROGRAM OFFICER): $156,540 total reported compensation

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

Overview

Mission

N street village supports women experiencing homelessness in Washington, d.c. By offering a broad spectrum of services and housing in an atmosphere of dignity and respect. (continued in schedule o)

What it reported doing in 2024

The flagship building is a hub for both housing and a constellation of programs providing comprehensive supportive services to some of the most vulnerable women in our community. Housing services include permanent supportive, low income and sharon's place employment focused. The flagship building programs include bethany women's day center, which is open 365 days so women can access basic needs including food, clothing, laundry, and showers. Women may also access case management resources and meet with staff to complete a housing assessment and receive referrals to needed services. The center also offers drop-in hours with the psychiatric nurse on staff for check-ins and care coordination. At the flagship location, we also have the judith morris wellness center, which offers holistic wellness classes along with onsite physical health professionals. Another anchor of our supportive services at the flagship location is the marj & mak vocational center which supports women in their goals related to education, employment, benefits, and/or financial health.

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.
  • 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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 86
  • Accountability: 95
  • Sustainability: 35
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.8%; rating input score 93
  • Program expense ratio: 79.9%; rating input score 80
  • Fundraising efficiency: $8.37 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 20th 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: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

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: -15.5%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 2.46; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 8.7%; rating input score 26; 26th percentile among comparable filings

Growth

  • Program expense growth: 8.5% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 6.1% per year; rating input score 100; 53rd percentile among comparable filings
  • Asset growth: 2.3% per year; rating input score 100; 19th percentile among comparable filings

Details

  • Where the money goes: 92.8% of revenue deployed · 79.9% of spending went to programs
  • Governance: 26 of 26 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $9.7M in reported program spending
  • Leadership: top reported pay $206K · 33 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.3M reported
  • Consistency: 36 of 37 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 3 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 — Financial Efficiency: Fundraising efficiency scored 33/100.
  • High — Sustainability: Operating margin scored 7/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 26/100.