Phocused

Nonprofit profile at a glance

EIN
263024861
IRS 990 coverage
2014–2018
Forms available
Form 990 2018, Form 990-EZ 2010
Location
Honolulu, HI, USA
Phone
8085217462
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$68,496
Expenses
$113,912
Assets
$91,430
Liabilities
$215

Source: IRS Form 990. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • NATALIE OKESON (EXECUTIVE DIRECTOR)

Highest reported compensation

  • NATALIE OKESON (EXECUTIVE DIRECTOR): $25,467 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Advocacy for vulnerable populations and the health and human services sector.

What it reported doing in 2018

In the fiscal year ending in 6/30/18, phocused's major program was the administration of the coordinated entry system for families experiencing homelessness. In this program, phocused served as the pilot administrator for the hud-mandated ces system, matching and referring homeless families to available housing resources and working with the provider community to refine and amend the system while growing the number of participating programs in the coordinated system. In this program, phocused referred 840 families and placed into housing 253 families with over 500 children. Regarding our advocacy program: in the 2018 legislative session, phocused and its peers secured the largest homelessness programs funding ever, as well as the historic level of funding for affordable housing, addressing the twin crises of Hawaii's most vulnerable populations. All hawaiians in need of these homelessness services and affordable housing are beneficiaries of our advocacy work.

Operating model

Revenue model
Earned-program. 67% of the money available for current operations came from fees and other program revenue.
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.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 85
  • Accountability: 79
  • Sustainability: 23
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 75.1%; rating input score 75
  • Fundraising efficiency: $14.97 raised per $1 spent on fundraising; rating input score 62; 62nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 15th 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; 64th percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -66.3%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 0.8; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 38; 38th percentile among comparable filings
  • Officer compensation ratio: 22.4%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: -7.8% per year; rating input score 0; 36th percentile among comparable filings
  • Revenue growth: 2.8% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: 11.9% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 75.1% of spending went to programs
  • Governance: 16 of 16 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $86K in reported program spending
  • Leadership: top reported pay $25K · 17 people listed
  • Consistency: 22 of 23 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 5 filing years from 2014 to 2018
  • Contacts: How to reach this organization
  • Money network: 2 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.

  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 23/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 13/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 38/100.