Sustainable Home Improvement Loans of Arizona (SHILA)

Legal name: Sustainable Home Improvement Loans of Arizona

Nonprofit profile at a glance

EIN
932969335
IRS 990 coverage
2024–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-N 2023
Location
Peoria, AZ, US
Phone
(602)753-6705
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$503,938
Expenses
$92,087
Assets
$428,617
Liabilities
$16,666

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

Leadership & pay

5 people listed

Executive titles in this filing

  • TY LORTS (EXECUTIVE DIRECTOR)

Highest reported compensation

  • TY LORTS (EXECUTIVE DIRECTOR): $29,580 total reported compensation

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

Overview

Mission

To enhance living conditions, reduce energy costs, and support environmental well-being, fostering a sustainable and resilient community.

What it reported doing in 2024

Sustainable home improvement loans of Arizona's (shila's) primary program provides affordable, unsecured home improvement loans to income-qualified homeowners across Arizona, with a focus on areas underserved by traditional financial institutions. Shila's operations began in earnest in the 4th quarter of 2024 and helped 5 families complete essential home improvements by partnering with licensed contractors. Our loans feature no prepayment penalties, reasonable interest rates, and flexible underwriting criteria that help ensure access for borrowers who may be excluded from conventional credit options.continued on schedule oprogram highlights for the year include:- disbursed over $80,000 in loans to low- and moderate-income homeowners- partnered with over 15 licensed contractors statewide- helped homeowners reduce energy costs by financing high-efficiency solar installations and roof replacements- provided specialized loan terms for senior homeowners (65+) to support aging in placeshila's work supports neighborhood stability, energy efficiency, and economic inclusion while reducing the use of predatory or subprime financing. We are supported by public-private partnerships, including local government entities.

Operating model

Revenue model
Grant-funded. 99% of the money available for current operations came from government grants.
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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 49
  • Transparency & Controls: 92
  • Accountability: 69
  • Sustainability: 78
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 15.8%; rating input score 16
  • Program expense ratio: 86.6%; rating input score 87
  • Fundraising efficiency: $3,732.87 raised per $1 spent on fundraising; rating input score 99; 99th 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: 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: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 81.7%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 4.65; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 55; 55th percentile among comparable filings
  • Officer compensation ratio: 32.1%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • What they do: 2 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 15.8% of revenue deployed · 86.6% of spending went to programs
  • Governance: 4 of 4 board members independent · 2 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $80K in reported program spending
  • Leadership: top reported pay $30K · 5 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 16/100.
  • High — Accountability: Governance controls: 5 of 7 not reported.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • Review — Sustainability: Liabilities to assets ratio scored 55/100.