Nysar Housing Opportunities Foundation Inc

Nonprofit profile at a glance

EIN
651190582
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024
Location
Albany, NY, USA
Phone
5184630300
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution

Official website

Reported finances

Revenue
$65,698
Expenses
$50,369
Assets
$198,771
Liabilities
$0

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

Leadership & pay

12 people listed

Executive titles in this filing

  • ELAYNA BITTNER (PRESIDENT)
  • KALEN M RAYNOR (VICE PRESIDENT)
  • SARAH STANSBURY (IMMEDIATE PAST PRESIDENT)

People named in this filing

  • ELAYNA BITTNER (PRESIDENT)
  • KALEN M RAYNOR (VICE PRESIDENT)
  • KIMBERLY BULLARD (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

To educate community at large about the viability of home ownership and alternative housing options, financing home ownership and guidance in home acquistions.

What it reported doing in 2024

To educate the community at large about the viability of home ownership and alternative housing options, financing home ownership and guidance in home acquistions.

Operating model

Revenue model
Donor-supported. 94% of the money available for current operations came from contributions and gifts.
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

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 18
  • Transparency & Controls: 100
  • Sustainability: 74
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 15.8%; rating input score 16
  • Program expense ratio: 20.6%; rating input score 21

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 23.3%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 3.95; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 8.7% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 2.6% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 2.1% per year; rating input score 100; 47th percentile among comparable filings

Details

  • Where the money goes: 15.8% of revenue deployed · 20.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $10K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • 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: Mission deployment rate scored 16/100.
  • High — Financial Efficiency: Program expense ratio scored 21/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • Review — Sustainability: Officer compensation ratio scored 56/100.