Partners for HOME

Nonprofit profile at a glance

EIN
473476724
IRS 990 coverage
2015–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2021
Location
Atlanta, GA, USA
Phone
404-546-3071
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Homeless Shelters

Official website

Reported finances

Revenue
$54,863,825
Expenses
$24,417,307
Assets
$52,488,763
Liabilities
$12,147,960

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

Leadership & pay

17 people listed

Executive titles in this filing

  • CATHRYN VASSELL (CEO/EX OFFICIO MEMBER)

Highest reported compensation

  • CATHRYN VASSELL (CEO/EX OFFICIO MEMBER): $261,490 total reported compensation
  • SANTANNA JOHNSON (CHIEF FINANCIAL OFFICER): $177,940 total reported compensation
  • ANNIE HYRILA (CHIEF PROGRAMS OFFICER): $150,623 total reported compensation

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

Overview

Mission

Partners for HOME works to end homelessness for our unhoused neighbors.

What it reported doing in 2024

The rapid housing program -the city of atlanta's rapid housing initiative the goal of which is to deliver a minimum of 500 new permanent supportive housing (psh) units by the end of 2025. The psh units will serve individuals and families experiencing chronic homelessness, with income of up to 30% area median income (ami). Pfh will partner with local healthcare organizations and social services providers to offer the onsite, wraparound supportive services needed to help individuals and families move confidently toward stability and self-sufficiency. The goal of the rapid housing initiative is to build or acquire 500 low-cost units (some micro units) on city-owned land by the end of 2025. The initiative coordinates resources for the capital, services, and project-based operating rent subsidies. Pfh is the owner for each of the rapid housing developments and engages experienced developers for the capital development, property management, and services. Three prospective properties have been identified to date. The first development, the melody, was completed in december 2023, in only four months, and is comprised of 40 micro-units crafted from repurposed shipping containers. Bonaventure, the second property of 24 units is online, and waterworks a property of 100 units has broken ground to be online fall of 2025.

Operating model

Revenue model
Donor-supported. 73% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 88% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 78
  • Accountability: 96
  • Sustainability: 78
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 41.4%; rating input score 41
  • Program expense ratio: 92.9%; rating input score 93
  • Fundraising efficiency: $148.31 raised per $1 spent on fundraising; rating input score 88; 88th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.4%; rating input score 94; 31st percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • 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: 83.2%; rating input score 83; 18th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 93.3%; rating input score 93; 44th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 55.5%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 2.15; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 64; 64th percentile among comparable filings
  • Officer compensation ratio: 2.4%; rating input score 47; 47th percentile among comparable filings

Growth

  • Program expense growth: 31.8% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 36.5% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 43% per year; rating input score 100; 99th percentile among comparable filings

Details

  • What they do: 7 programs and campaigns described on the official site · 2 operating locations identified
  • Where the money goes: 41.4% of revenue deployed · 92.9% of spending went to programs
  • Governance: 14 of 15 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $22.7M in reported program spending
  • Leadership: top reported pay $261K · 17 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $500K reported
  • Consistency: 34 of 35 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 24 filed money-flow records
  • Related organizations: 27 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 47/100.