Together with Friends Non-profit Housing Corporation C/o Karen Wahls
Nonprofit profile at a glance
- EIN
- 383582337
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2009
- Location
- Freeland, MI, USA
- Phone
- 9898659543
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Low-Income & Subsidized Rental Housing
Reported finances
- Revenue
- $73,352
- Expenses
- $77,186
- Assets
- $323,997
- Liabilities
- $7,923
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- KIM EGGEBRECHT (VICE PRESIDENT)
- KAREN WAHLS (PRESIDENT)
People named in this filing
- DEBORAH PARKER (DIRECTOR)
- PAUL DEWYSE (DIRECTOR)
- DANA POLZIN (DIRECTOR (ENDED 5/24))
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
To provide affordable housing for people with developmental disabilities.
What it reported doing in 2024
Provide a 6-unit residential facility for people with developmental disabilities. Housing and auxiliary services are provided in a clean, comfortable and safe environment.
Operating model
- Revenue model
- Earned-program. 95% 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
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 assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 82
- Sustainability: 50
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.3%; rating input score 90
- Program expense ratio: 85.8%; rating input score 86
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -5.2%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 4.2; rating input score 81; 81st percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 1.8% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 4% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: -2% per year; rating input score 0; 31st percentile among comparable filings
Details
- Where the money goes: 90.3% of revenue deployed · 85.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $66K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- 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.
- Moderate — Sustainability: Operating margin scored 36/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 25/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.