Three Rivers Alternative Housing Corporation
Nonprofit profile at a glance
- EIN
- 383208092
- IRS 990-EZ coverage
- 2009–2009
- Forms available
- Form 990-EZ 2009
- Location
- Grand Rapids, MI, USA
- Phone
- 6163018000
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Limited
- Sector
- Housing Development, Construction, Management
- Affiliation
- Christianity
Reported finances
- Revenue
- $108,435
- Expenses
- $122,588
- Assets
- $835,952
Source: IRS Form 990-EZ. Selected filing: tax year 2009. Amounts in USD.
Leadership & pay
5 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2009. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Hope network is a christian organization that empowers people with disabilities or disadvantages to achieve their highest level of independence.
What it reported doing in 2009
Provided housing for low and moderate income individuals who are physically handicapped.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 82
- Sustainability: 35
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.6%; rating input score 89
- Program expense ratio: 78.4%; rating input score 78
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -13.1%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 6.82; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 88.6% of revenue deployed · 78.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $96K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- 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.
- High — Sustainability: Operating margin scored 15/100.