Treasure House

What it reported doing in 2024

Employment and life skills: individuals with intellectual and developmental disabilities (idd) face systemic barriers that limit their ability to live independently, find employment, and engage in their communities. In maricopa county, Arizona, only 30.1% of adults with idd are employed compared to 72.6% of adults without. Many individuals with idd are relegated to part-time, low-paying positions or unpaid volunteer work due to a lack of opportunities. With over 475,000 young adults in Arizona living with idd, such as autism, down syndrome, cerebral palsy, learning disorders, and traumatic brain injury, strategies for support and social inclusion are desperately needed (cdc 2022). Programs like treasure house's employment and life skills development program, based on the principles of supported employment, are an effective intervention for these challenges. Supported employment leads to more competitive, higher-paying employment opportunities for individuals with idd compared to other job-readiness training programs. One study published in the national library of medicine found that between 40% and 60% of individuals enrolled in supported employment successfully obtain competitive employment, compared to less than 20% of similar individuals not enrolled in a supported employment program. Treasure house's employment and life skills training program equips all 30 of our glendale-based residents with the skills, tools, and support necessary to achieve independence, stable employment, and active community engagement. The program is guided by three core objectives: - to develop a personalized life plan for 100% of residents. - to ensure at least 75% of residents secure meaningful employment (defined as long-term, at or above minimum wage); - to improve 100% of residents' self-perception of their overall quality of life. Program implementation includes several key components. 1. Life coaches meet individually with each resident to conduct personalized assessments that evaluate their strengths, interests, and developmental needs, resulting in actionable life plans tailored to their unique goals. 2. Residents participate in skill development workshops, which build essential life skills such as hygiene, cooking, social interactions, and professional development. 3. Residents gain experience with treasure house's dedicated partners, including amazon, harkins theatres, and the Arizona humane society, providing valuable hands-on experience in real-world settings. 4. Ongoing support is provided through daily one-on-one mentorship with life coaches to monitor progress, address challenges, and celebrate milestones, while community assistants help residents maintain routines, engage in fitness activities, and connect with the broader community. At treasure house, we measure program success by our results on resident surveys and employment outcomes. - 85.6% of treasure house's residents work part-time for minimum wage (10- 20 hours per week). - 14.4% are unemployed but actively seeking employment. - 6.8% work full-time for minimum wage and are working toward career or educational advancement goals. Treasure house's employment and life skills training program is ongoing and is largely supported by resident fees and their own work income. Our generous scholarship program provides nearly 52% of each resident's monthly fees and gives us the opportunity to extend treasure house's mission to a diverse population. Treasure house's diversified fundraising plan includes corporate, foundation and private donations, as well as our signature special events.

Financial Efficiency

• Mission deployment rate: 91.6%; rating input score 92
• Program expense ratio: 71.8%; rating input score 72
• Fundraising efficiency: $4.76 raised per $1 spent on fundraising; rating input score 16; 16th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Pass
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• 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: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • 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: Pass

Sustainability

• Operating margin: -27.5%; rating input score 5; 5th percentile among comparable filings
• Total-asset coverage ratio: 2.37; rating input score 67; 67th percentile among comparable filings
• Liabilities to assets ratio: 0.94; rating input score 6; 6th percentile among comparable filings
• Officer compensation ratio: 9.1%; rating input score 33; 33rd percentile among comparable filings

Growth

• Program expense growth: 21.4% per year; rating input score 100; 87th percentile among comparable filings
• Revenue growth: 5.8% per year; rating input score 100; 47th percentile among comparable filings
• Asset growth: -1.6% per year; rating input score 0; 8th percentile among comparable filings