Ten Penny International Housing Foundation

Nonprofit profile at a glance

EIN
815372532
IRS 990-EZ coverage
2021–2021
Forms available
Form 990-EZ 2021
Location
Portland, OR, USA
Rating
54
Verdict
MIXED
Rating confidence
Moderate
Sector
Homeless Shelters

Reported finances

Revenue
$76,400
Expenses
$269,860
Assets
$146,485
Liabilities
$300,433

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Ted Johnson (Executive Director)

People named in this filing

  • David Johnson (Driver Scout Laborer)
  • Joesph Were (Sr Driver Scout Laborer)
  • Tami Williams (Sr Marketing 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 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Economic aid to BIPOC and historically underserved families and businesses. Improving lives through community service economic assistance financial education aid and emergency services. Philanthropic eCommerce and retail small business collaborations and Incubator community service provider health and wellness educators. Objective: To relive suffering One Idea One Person One Family One City at a time.

What it reported doing in 2021

Emergency Supplies: We provide free life-saving fresh frozen food and much-needed supplies to BIPOC & historically underserved families and people digging through trash bins for food and begging for food on corners. We get them food boxes or take them to the store and buy the supplies or they send us a text with a list of what they need and we go buy the requested supplies on the list and deliver them to their camp or location.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 28
  • Transparency & Controls: 100
  • Sustainability: 10
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 38.4%; rating input score 38
  • Program expense ratio: 10.9%; rating input score 11

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -253.2%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 0.54; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 2.05; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 54%; rating input score 3; 3rd percentile among comparable filings

Growth

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

Details

  • Where the money goes: 38.4% of revenue deployed · 10.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $29K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Contacts: How to reach this organization
  • Money network: 8 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.

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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
  • High — Financial Efficiency: Program expense ratio scored 11/100.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.