Neighborhood House Inc
Nonprofit profile at a glance
- EIN
- 610445842
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Louisville, KY, USA
- Phone
- 5027742322
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Neighborhood Centers
Reported finances
- Revenue
- $2,038,170
- Expenses
- $2,968,500
- Assets
- $2,313,748
- Liabilities
- $169,256
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- JENNIE JEAN DAVIDSON (EXECUTIVE DIRECTOR)
Highest reported compensation
- JENNIE JEAN DAVIDSON (EXECUTIVE DIRECTOR): $130,588 total reported compensation
- MARTHA FUSON (DEPUTY DIRECTOR): $101,003 total reported compensation
- BEVERLY JONES (DIRECTOR OF FINANCE): $73,877 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Neighborhood house is a whole-family community center located in louisville's west end. Our mission is to support families by creating a community of opportunity. Together with our members, we connect to one another and to resources, break down barriers, advocate for change, and invest in futures. Our vision is that all neighborhood house families are thriving. Founded in 1896, neighborhood house has served seven generations of louisville families. Our five primary program areas serve members "from the twinkle to the wrinkle."
What it reported doing in 2024
Family services comprised of three primary services, including family and community engagement, an emergency food pantry and the pathways program. Family and community engagement services build relationships with caregivers, connecting them to community partners and organizing events that strengthen families, such as educational activities, family game nights and a monthly neighborhood nite. The emergency food pantry helps families stretch their grocery budgets with staples and fresh produce as one of the few food banks open five days a week in the west end. The pathways program provides leadership and career readiness opportunities for teens and young adults, ages 16 through 24 years old.
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: 83
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 20
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 77.4%; rating input score 77
- Fundraising efficiency: $4.58 raised per $1 spent on fundraising; rating input score 15; 15th 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; 63rd 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: -45.6%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.78; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0.07; rating input score 64; 64th percentile among comparable filings
- Officer compensation ratio: 10.3%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: 4.7% per year; rating input score 100; 38th percentile among comparable filings
- Revenue growth: 4.4% per year; rating input score 100; 37th percentile among comparable filings
- Asset growth: -0.1% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 77.4% of spending went to programs
- Governance: 15 of 15 board members independent · 8 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $2.3M in reported program spending
- Leadership: top reported pay $131K · 18 people listed
- Consistency: 32 of 32 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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 15/100.
- High — Sustainability: Operating margin scored 2/100.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- High — Growth: Asset growth scored 0/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Officer compensation ratio scored 29/100.