Villa De Confianza
Nonprofit profile at a glance
- EIN
- 742537585
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Phoenix, AZ, USA
- Phone
- 6022658338
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Low-Income & Subsidized Rental Housing
Reported finances
- Revenue
- $160,580
- Expenses
- $138,240
- Assets
- $393,184
- Liabilities
- $354,837
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 individuals. The project is comprised of ten aparmtent units and a multi-purpose building for recreational and administrative purposes.
Operating model
- Revenue model
- Donor-supported. 82% 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
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 100
- Sustainability: 65
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.3%; rating input score 71
- Program expense ratio: 82.7%; rating input score 83
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: 13.9%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 2.84; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0.9; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -1% per year; rating input score 0; 27th percentile among comparable filings
- Revenue growth: 14.2% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: 3% per year; rating input score 100; 37th percentile among comparable filings
Details
- Where the money goes: 71.3% of revenue deployed · 82.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $114K 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.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.