Status Home Inc F/k/a Jerusalem House Inc

Nonprofit profile at a glance

EIN
581829807
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2020
Location
Atlanta, GA, USA
Phone
4045277627
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Housing Development, Construction, Management

Official website

Reported finances

Revenue
$9,953,569
Expenses
$11,450,737
Assets
$29,570,902
Liabilities
$6,897,512

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

Leadership & pay

20 people listed

Executive titles in this filing

  • JOE ROYALS (PRESIDENT)
  • MICHAEL MCCOY (IMMEDIATE PAST PRESIDENT)
  • BRETT HAYNIE (VICE PRESIDENT)
  • MARYUM PHILLIPS (CHIEF EXECUTIVE OFFICER)
  • JANICE HARRIS CORRY ((FORMER) VICE PRESIDENT OF HOUSING)
  • DEQUAVIEN JAMES ((FORMER) VICE PRESIDENT OF FACILITIES)

Highest reported compensation

  • MARYUM PHILLIPS (CHIEF EXECUTIVE OFFICER): $277,630 total reported compensation
  • BARBARA BOND-GENTRY (CHIEF FINANCIAL OFFICER): $196,271 total reported compensation
  • RICHARD PANIER (DIRECTOR OF REAL ESTATE & ACQUISITIONS): $162,789 total reported compensation

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

Overview

Mission

The organization provides afforable, supportive housing for metro atlanta's most vulnerable, particularly those living with or impacted by HIV.

What it reported doing in 2024

The scattered site ii program permanently houses low income families or individuals in which at least one member of the household is living with a diagnosis of HIV / AIDS. During the year, the program provided 119 furnished apartments scattered throughout the metropolitan atlanta area. The program also provided counseling, access to and instruction in, a computer learning center designed for adults and for children, tutoring, support groups, recreational activities, well-health group learning sessions, as well as financial well-being group learning sessions. These tools help in assisting our residents to meet goals that will help them meet new goals in their lives, encouraging and empowering them with the tools necessary to someday move to a more independent, more sustainable lifestyle, as well as becoming both happy and productive members in our local community. Ssii also provides new horizons tenant base rental assistance that serves approximately 118 families who can lease their own apartment or housing. The agency provides a housing subsidy to offset rent and utilities.

Operating model

Revenue model
Grant-funded. 82% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 59% for direct work, and 41% for grants.

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: 79
  • Accountability: 100
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 91.1%; rating input score 91
  • Fundraising efficiency: $12.54 raised per $1 spent on fundraising; rating input score 45; 45th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • 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: 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: -15%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 2.58; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 40; 40th percentile among comparable filings
  • Officer compensation ratio: 9.1%; rating input score 33; 33rd percentile among comparable filings

Growth

  • Program expense growth: 8.4% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: 10.7% per year; rating input score 100; 71st percentile among comparable filings
  • Asset growth: 19.8% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 91.1% of spending went to programs
  • Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $10.4M in reported program spending
  • Leadership: top reported pay $278K · 20 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $330K reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 7 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 45/100.
  • High — Sustainability: Operating margin scored 9/100.
  • Moderate — Sustainability: Officer compensation ratio scored 33/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 40/100.