Poverello Center Inc

Nonprofit profile at a glance

EIN
237439391
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Missoula, MT, USA
Phone
4067281809
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
Homeless Shelters

Official website

Reported finances

Revenue
$4,859,682
Expenses
$5,375,214
Assets
$7,339,557
Liabilities
$1,006,961

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

Leadership & pay

10 people listed

Executive titles in this filing

  • CHRISTOPHER CHITTY (President)

Highest reported compensation

  • JILL BONNY (Executive Dir.): $91,350 total reported compensation

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

Overview

Mission

In collaboration with the people of missoula and surrounding areas and local, state, and national organizations, the poverello center, inc reaches out to provide food, shelter, clothing, and essential services to the community's hungry and homeless. This mission is accomplished through compassionate, respectful, and competent services in an environment that enhances human worth.

What it reported doing in 2024

Combined under veterans services: housing Montana heroes provides 20 beds in our broadway facility for homelessveterans. This program provides veterans up to 24 months of supportive housing, including on-site case management, prepared meals, 24-hour a day support staffing, and access to partner agencies and community supports that will assist them intransitioning from homelessness to a more permanent housing situation. The programis located on a secure wing and has a seperate community room, bathroom and laundryfacilities.the valor house provides 17 individual apartment units to previously homelessveterans, in a non-dormitory type setting, onsite case management, 24-hour staffing, and an abundance of local area healthcare providers to help aid veterans as theytransition out of homelessness and create stability for the future. The program isconsidered long-term transitional housing, where qualified residents can live for upto 24 months, and with a minimum 12 month stay. During their stay at valor, residents pay 30% of their income as rent. After one year in the program, a veteran is eligible to receive a section 8 housing voucher to attain the housing of their choice.

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 84% 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: 91
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 35
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99.1%; rating input score 99
  • Program expense ratio: 89.6%; rating input score 90
  • Fundraising efficiency: $15.73 raised per $1 spent on fundraising; rating input score 52; 52nd 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: 100%; rating input score 100; 72nd percentile among comparable filings
  • 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 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: -10.6%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 1.37; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0.14; rating input score 52; 52nd percentile among comparable filings
  • Officer compensation ratio: 1.7%; rating input score 77; 77th percentile among comparable filings

Growth

  • Program expense growth: 11% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: 7.4% per year; rating input score 100; 56th percentile among comparable filings
  • Asset growth: 10.2% per year; rating input score 100; 59th percentile among comparable filings

Details

  • Where the money goes: 99.1% of revenue deployed · 89.6% of spending went to programs
  • Governance: 9 of 9 board members independent · 8 of 8 filing controls reported
  • Programs: 5 filed program accomplishments · $4.8M in reported program spending
  • Leadership: top reported pay $91K · 10 people listed
  • Consistency: 36 of 36 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Review — Financial Efficiency: Fundraising efficiency scored 52/100.
  • High — Sustainability: Operating margin scored 13/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
  • Review — Sustainability: Liabilities to assets ratio scored 52/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.