Sequoia Affordable Housing Foundation
Nonprofit profile at a glance
- EIN
- 832421888
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Escondido, CA, USA
- Phone
- 8582200026
- Rating confidence
- Limited
- Sector
- Senior Citizens' Housing/Retirement Communities
Reported finances
- Revenue
- $0
- Expenses
- $13,466
- Assets
- $112,987
- Liabilities
- $20,838
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- MATTHEW PARKS (CEO)
People named in this filing
- MATTHEW PARKS (CEO)
- DANIEL HASLAM (Secretary/Treas)
- DANIEL COLLINS (Director)
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
The organization's purposes are(1)to provide affordable housing on a charitable basis; (2)provide or arrange services and housing to people displaced by natural disasters in California, with special outreach to the elderly; (3)delevop and operate housing specially designed for the elderly, with special arrangemetns for senior residents' health care and financial security, and otherwise to promote the intersts and serve the needs of the elderly, provided that such activities are consistent with this organization's exempt purposes; (4)promote the health and well-being of the elderly throughout the continuum of care, services and housing; and (5) engage in any other charitable activity.
What it reported doing in 2024
Providing residential care for patients and the elderly
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 35
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 8.39; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0.18; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 9.7% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: -21.6% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.