Neighborhood Housing Services of America
Nonprofit profile at a glance
- EIN
- 237448104
- IRS 990 coverage
- 2009–2009
- Forms available
- Form 990 2009
- Location
- Oakland, CA, USA
- Phone
- 5108325542
- Rating confidence
- Limited
- Sector
- Housing Support
Reported finances
- Revenue
- $17,487,313
- Expenses
- $38,764,952
- Assets
- $289,435,484
- Liabilities
- $305,532,226
Source: IRS Form 990. Selected filing: tax year 2009. Amounts in USD.
Leadership & pay
26 people listed
Source: IRS Form 990. Selected filing: tax year 2009. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Loans purchased from local housing service organizations which provide secured loans to homeowners who do not meet normal credit standards.
What it reported doing in 2009
Nhsa secondary market and foreclosure prevention activities. Purchasing loans from local nhs programs and other non-profits in support of community development. Pledging loans as collateral to social investors (secured creditors).
Operating model
- Revenue model
- Earned-program. 80% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 74
- Accountability: 91
- Sustainability: 32
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 59th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- 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; 71st percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -121.7%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 7.47; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 1.06; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 5.2%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 10 of 10 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $36M in reported program spending
- Leadership: top reported pay $226K · 26 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed
- Consistency: 21 of 21 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Related organizations: 1 filed related-organization link
- 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.
- High — Sustainability: Operating margin scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Liabilities to assets ratio scored 6/100.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.
- High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.