Villa Agave Corporation

Nonprofit profile at a glance

EIN
942902649
IRS 990-EZ coverage
2016–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Phoenix, AZ, USA
Phone
6022854270
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$111,279
Expenses
$83,065
Assets
$108,496
Liabilities
$63,928

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • STEVEN SHEETS (PRESIDENT & CEO)

People named in this filing

  • STEVEN SHEETS (PRESIDENT & CEO)
  • MICHAEL FETT (CFO & CAO)
  • KEVIN LAWSON (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

Providing apartments for low-income and disabled individuals in the phoenix area.

What it reported doing in 2024

Organized for the purpose of operating an apartment project located in phoenix, Arizona for low-income and disabled patients of southwest behavioral health services, inc. The project is comprised of eight apartment units and a multi-purpose building for recreational and administrative purposes.

Operating model

Revenue model
Donor-supported. 77% 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

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 100
  • Sustainability: 66
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 53.6%; rating input score 54
  • Program expense ratio: 71.8%; rating input score 72

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 25.4%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 1.31; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0.59; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -4.6% per year; rating input score 0; 20th percentile among comparable filings
  • Revenue growth: 16.9% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: -2.5% per year; rating input score 0; 21st percentile among comparable filings

Details

  • Where the money goes: 53.6% of revenue deployed · 71.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $60K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 10 filed related-organization links
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 54/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.