The Hilarita - Tiburon Ecumenical Assoc

Nonprofit profile at a glance

EIN: 770393055
IRS 990-EZ coverage: 2019–2020
Forms available: Form 990 2018, Form 990-EZ 2020
Location: San Rafael, CA, USA
Phone: 4152581800
Rating: 85
Verdict: STRONG
Rating confidence: Moderate
Sector: Low-Income & Subsidized Rental Housing

Reported finances

Revenue: $27
Expenses: $236,898
Assets: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

CAROLYN GREY (President)
MICHAEL PETERS (Vice President)

People named in this filing

CAROLYN GREY (President)
MICHAEL PETERS (Vice President)
GEORGE BROWN (Treasurer)

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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide low-income residents in marin county with decent, safe and sanitary housing facilities and services on a nonprofit basis.

What it reported doing in 2020

To provide low-income housing

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: Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

Financial Efficiency: 100
Transparency & Controls: 82
Sustainability: 7
Growth: 40

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

Operating margin: -877,300%; rating input score 0; 0th percentile among comparable filings
Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: 183.6% per year; rating input score 100; 99th percentile among comparable filings
Revenue growth: -33.6% per year; rating input score 0; 12th percentile among comparable filings
Asset growth: -37.5% per year; rating input score 0; 4th percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 100% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $237K in reported program spending
Leadership: top reported pay $0 · 14 people listed
Consistency: 6 of 6 current checks pass
Schedules: 3 filed schedules
Filing history: 2 filing years from 2019 to 2020
Contacts: How to reach this organization
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.

High — Sustainability: Operating margin scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 2/100.
High — Growth: Asset growth scored 0/100.
Review — Sustainability: Officer compensation ratio scored 56/100.
High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.
High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.