Self Initiated Living Options Inc

What it reported doing in 2024

Self-initiated living options inc (silo) is a not-for-profit community-based organization run for and by people with disabilities. Silo serves people by connecting them to resources, programs and peers to systems that address their needs. Silo ensures that every person with a disability has an opportunity to live independently in their community with or without supports. Silo is determined that the communities in which they live are universally accessible so that the individual with a disability can access all that is enjoyed by the general population. We believe people with disabilities should be given opportunities to attain competitive, integrated employment and compensated accordingly. With this goal silo has partnered and contracted with New York state justice center for the protection of people with special needs in the administration of the technology related aid grant. Silo has partnered and contracted with nys department of health to administer and provide oversight through the regional resource and development center with the administration of the nursing home transition & diversion waiver and traumatic brain injury waiver.silo has partnered and contracted with New York association on independent living to administer and implement the open doors transition center, open doors peer outreach program services. Silo has partnered and contracted with New York association on independent living to administer and implement olmstead housing subsidy program and rapid transition housing program. Silo has partnered and contracted with nys office for the aging to provide ny connects services and silo's food pantry/ personal care closet. Silo has partnered and contracted with nys acces-vr to deliver the following services: benefit advisement, core rehabilitation services, and peer integration program.silo works with school districts and to provide education programs for transitioning students, school district personnel & parents. Silo also provides transition planning workshops, disability awareness, in-service training, and other workshops/seminars as needed. Summer enrichment program with job coaching supports and evaluations/assessment & consultant services.

Financial Efficiency

• Mission deployment rate: 91%; rating input score 91
• Program expense ratio: 86.1%; rating input score 86
• Fundraising efficiency: Limited

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: Limited
• 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: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -5.7%; rating input score 19; 19th percentile among comparable filings
• Total-asset coverage ratio: 1.06; rating input score 39; 39th percentile among comparable filings
• Liabilities to assets ratio: 1.1; rating input score 4; 4th percentile among comparable filings
• Officer compensation ratio: 1.9%; rating input score 77; 77th percentile among comparable filings

Growth

• Program expense growth: 11.9% per year; rating input score 100; 70th percentile among comparable filings
• Revenue growth: 11.3% per year; rating input score 100; 73rd percentile among comparable filings
• Asset growth: 21% per year; rating input score 100; 85th percentile among comparable filings