The Neighborhood Hub
Nonprofit profile at a glance
- EIN
- 261265337
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Minneapolis, MN, USA
- Phone
- 7636204235
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Centers to Support the Independence of Specific Populations
Reported finances
- Revenue
- $3,500
- Expenses
- $56,164
- Assets
- $0
- Liabilities
- $58,915
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- KIMBERLEY WASHINGTON (EXECUTIVE DI)
- VIVIAN JENKINS NELSEN (BOARD CHAIR)
- THEARTRICE T WILLIAMS (VICE CHAIR)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
At the neighborhood hub our mission is to be a beacon of holistic transformation that fosters a healthy african american community through competent navigation services, leadership development and advocacy.
What it reported doing in 2024
The neighborhood hub was wavering between closing and whether we could survive and/or grow. We had lost our office space in february and needed to place our property in storage. Our only funding at the time was from the city of minneapolis health department, as we were still recruiting renters and homeowners for referrals to get lead abatement for their homes. Fortunately, we decided to partner with emerge community development and request funding from the Minnesota department of education and economic development (deed). We applied for the targeted populations grant, creating the northside neighborhood jobs network with four other partners. In the summer of 2024, we were awarded 1,000,000. Unfortunately, in august/september of 2024 we lost our 501(c)3 standing. Our grant was suspended, until february 2025. We received our grant funding after our non-profit standing was reinstated retroactively back through 2024. Emerge is our mentoring organization within the grant, providing support, training and advisement to build capacity and position the neighborhood hub to grow. Our other partners include: al maa'uun, man up club, and rivernorth. We are focused on placing community members in trainings and job placement. Trainings include: certified nursing assistant, boiler maintenance, trained medical assistant, phlebotomy, cdl, food service, construction, and it. We closed out 2024 by moving into some empty space in the emerge community development building and positioning the organization to learn and grow with emerge's advisory mentorship.
Operating model
- Revenue model
- Donor-supported. 100% 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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 82
- Sustainability: 8
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 95.4%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -1,504.7%; rating input score 1; 1st 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: Limited
- Revenue growth: -9.4% per year; rating input score 0; 25th percentile among comparable filings
- Asset growth: -2.6% per year; rating input score 0; 30th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 95.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $54K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.