The James Storehouse Incorporated

Nonprofit profile at a glance

EIN
455012161
IRS 990 coverage
2014–2024
Forms available
Form 990 2024, Form 990-N 2013
Location
Newbury Park, CA, USA
Phone
8054997161
Rating
86
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$2,759,517
Expenses
$2,557,511
Assets
$1,186,954
Liabilities
$187,027

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

Leadership & pay

6 people listed

Highest reported compensation

  • STACY DEWITT (EXECUTIVE DI): $107,846 total reported compensation

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

Overview

Mission

James storehouse serves children in foster care from cribs to college. We provide a comprehensive safety net of support including: furniture, clothing, home goods, transportation, transitional shelter, food, and mentorship programs. These resources and relationships break multi- generational cycles of abuse, neglect, and poverty in our community - mending broken families and preventing foster care removals for future generations to come.

What it reported doing in 2024

Essential resources: james storehouse offers free resourcing with the intent of empowering fostering caregivers taking a child into their home, providing children in foster care with everything needed to feel safe and loved, helping biological parents safely reunify with their children, and preventing children from entering foster care simply due to poverty. Depending on the needs of the individual, we provide every resource needed to live sustainably including: furniture, clothing, diapers, food, toys, bedding, home goods, appliances, car seats, strollers, toiletries, etc. At no cost. James storehouse provides appointments and deliveries for children in foster care, children at-risk of removal, youth aging out of foster care, formerly trafficked youth, and all their caregiving families in ventura and los angeles counties at our resource center. Resourcing these families relieves extreme financial and emotional burdens of caring for the most vulnerable children in our community.

Operating model

Revenue model
Donor-supported. 87% of the money available for current operations came from contributions and gifts.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 86
  • Accountability: 81
  • Sustainability: 44
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89%; rating input score 89
  • Program expense ratio: 96%; rating input score 96
  • Fundraising efficiency: $105.18 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 17th 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: 85.7%; rating input score 86; 17th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 7.3%; rating input score 57; 57th percentile among comparable filings
  • Total-asset coverage ratio: 0.46; rating input score 16; 16th percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 4.2%; rating input score 59; 59th percentile among comparable filings

Growth

  • Program expense growth: 35.7% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 31% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 28.9% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 89% of revenue deployed · 96% of spending went to programs
  • Governance: 6 of 7 board members independent · 6 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $2.5M in reported program spending
  • Leadership: top reported pay $108K · 6 people listed
  • Consistency: 32 of 33 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 16/100.
  • Review — Sustainability: Operating margin scored 57/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.
  • Review — Sustainability: Officer compensation ratio scored 59/100.