The Matthews House
Nonprofit profile at a glance
- EIN
- 202894339
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Fort Collins, CO, USA
- Phone
- 9704724293
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Personal Social Services
Reported finances
- Revenue
- $3,318,133
- Expenses
- $3,119,263
- Assets
- $3,248,740
- Liabilities
- $1,923,047
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- NOELLE HAGAN (PRESIDENT)
Highest reported compensation
- NICOLE ARMSTRONG (EXECUTIVE DI): $108,855 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Vision: a community that is aware, belongs, and is self-sufficient. Mission: empowering youth and families through connection, self efficacy, and independence. Values: relationship-centered, assume the best of people, own your role, innovation, remain curious. Significant activities: youth and young adult programming- provides resources, training, and relationships for youth transitioning into adulthood who lack a support system. Children and family programming- programming designed to support families achieve stability by addressing issues in parenting, money management, housing, employment and education.
What it reported doing in 2024
Children and family services (677 families): provides vital services and specialized programs in strategically placed locations to reduce barriers, so every family can learn, grow, and become stronger. One-on-one facilitation helps families build resilience and navigate challenges in areas such as parenting, managing household income, job preparation, and maintaining healthy relationships. Families are supported in navigating the system and empowered to find their own voice, make progress on their goals, and build natural support networks, so they can better care for themselves and their children. Children and family services childcare and child education: 39% of families reported positive change in childcare and child education, demonstrating enhanced empowerment in providing educational opportunities for their children. Additionally, 50% maintained stability in this domain. Together, 89% of families maintained or improved in childcare and child education. Employment: 40% of families reported positive change in employment, indicating progress toward safer and more stable work conditions. An additional 50% maintained stability. In total, 90% of families experienced or maintained positive outcomes in employment. Family and social relationships: 24% of families experienced positive change in family and social relationships, strengthening their connections and support systems. Additionally, 66% maintained stability, resulting in 90% of families maintaining or improving in this domain. Housing: 30% of families experienced positive change in housing, demonstrating progress in achieving stability. An additional 57% maintained stability, resulting in 87% of families maintaining or improving their housing situation. Income: 39% of families reported a positive change in income, while 55% maintained stability, showcasing ongoing financial resilience. In total, 94% of families sustained or achieved improvements in this domain. Parenting skills: 34% of families reported positive change in parenting skills, strengthening their ability to support and guide their children. An additional 45% maintained stability, resulting in 79% of families maintaining or improving in this area.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 46
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.9%; rating input score 75
- Program expense ratio: 79.3%; rating input score 79
- Fundraising efficiency: $12.08 raised per $1 spent on fundraising; rating input score 44; 44th 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: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 6%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 1.04; rating input score 38; 38th percentile among comparable filings
- Liabilities to assets ratio: 0.59; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 3.5%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: 4.3% per year; rating input score 100; 35th percentile among comparable filings
- Revenue growth: 8.1% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: 14.1% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 74.9% of revenue deployed · 79.3% of spending went to programs
- Governance: 10 of 10 board members independent · 8 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $2.5M in reported program spending
- Leadership: top reported pay $109K · 11 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 44/100.
- Review — Sustainability: Operating margin scored 53/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.