Tri-Valley Housing Opportunity Center
Nonprofit profile at a glance
- EIN
- 208081482
- IRS 990 coverage
- 2013–2013
- Forms available
- Form 990 2013
- Location
- Livermore, CA, USA
- Phone
- 9253733130
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Legal Services
Reported finances
- Revenue
- $202,886
- Expenses
- $248,551
- Assets
- $915,403
- Liabilities
- $952,511
Source: IRS Form 990. Selected filing: tax year 2013. Amounts in USD.
Leadership & pay
11 people listed
People named in this filing
- John Casey (Vice-Chair)
- Judy Castro (Director)
- Randi DeHollander (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Center is a locally-based nonprofit serving Tri-Valley communities (Dublin, Livermore, Pleasanton, San Ramon, and Danville) offering clients unbiased information to guide them through the complex process of home-seeking, home-buying, or saving the home they own. The Center is a dynamic organization focused on strengthening the financial well-being of its clients. It doesn't represent any particular city, developer, financial or real-estate entity, but instead builds local partnerships with these key institutions.
What it reported doing in 2013
To provide housing opportunities and other assistance to low income individuals inthe community. TVHOC provides financial literacy education, home-buyer education andpost-purchase education.
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.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 100
- Accountability: 88
- Sustainability: 37
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.8%; rating input score 68
- Program expense ratio: 55.3%; rating input score 55
- Fundraising efficiency: $274.09 raised per $1 spent on fundraising; rating input score 95; 95th 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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -22.5%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 3.68; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: 1.04; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 73; 73rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 67.8% of revenue deployed · 55.3% of spending went to programs
- Governance: 7 of 7 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $137K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Financial Efficiency: Program expense ratio scored 55/100.
- High — Sustainability: Operating margin scored 12/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.
- High — Grant Readiness: California registration: this organization is not authorized to operate as a charity in California.