The Delores Project

What it reported doing in 2024

The organization provides low-barrier, housing-focused shelter services in a 50 bed facility. Shelter guests receive case management based on a housing-first model with support from a housing navigator to assist the guest in securing appropriate, long-term housing. The organization provides rehoused individuals with at least 12 months of continued care case management, including several months of rental assistance. The organization also provides 35 one-bedroom supportive housing units with on-site wrap around services to ensure success in housing retention and self-sufficiency. Fiscal year 2025 brought both challenges and triumphs. The need for safe, dignified shelter and housing services has continued to grow, and thanks to your generous support, we have risen to meet it. Together, we provided 17,500 nights of shelter, served 23,866 meals, and supported hundreds of individuals on their path toward stability and housing. Every statistic represents a life touched and a story of resilience, healing, and hope. We also ended the year financially sound, with healthy reserves, as we move into times of uncertainty with federal funding.at the delores project, we believe that housing is a fundamental human right and that having a safe community to belong to is healing. We are committed not only to providing low-barrier shelter and supportive housing to denverites who need it most, but also to countering the systems that create barriers in the first place through our inclusive and affirming values and practices. Our vision of all people having the community of support and housing stability they need to thrive cannot be achieved alone. Your belief in our work and those we serve makes it possible for us to keep our doors open, our programs strong, and our community thriving.

Financial Efficiency

• Mission deployment rate: 71%; rating input score 71
• Program expense ratio: 77.2%; rating input score 77
• Fundraising efficiency: $11.47 raised per $1 spent on fundraising; rating input score 42; 42nd 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: 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: 8.5%; rating input score 59; 59th percentile among comparable filings
• Total-asset coverage ratio: 0.84; rating input score 31; 31st percentile among comparable filings
• Liabilities to assets ratio: 0.04; rating input score 73; 73rd percentile among comparable filings
• Officer compensation ratio: 4.1%; rating input score 60; 60th percentile among comparable filings

Growth

• Program expense growth: 14.7% per year; rating input score 100; 77th percentile among comparable filings
• Revenue growth: 13.4% per year; rating input score 100; 78th percentile among comparable filings
• Asset growth: 5.9% per year; rating input score 100; 39th percentile among comparable filings