Wesley House Inc

Nonprofit profile at a glance

EIN
472677053
IRS 990-EZ coverage
2019–2024
Forms available
Form 990 2018, Form 990-EZ 2024
Location
Denver, CO, USA
Phone
3035046500
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Housing, Shelter N.E.C.

Reported finances

Revenue
$98,707
Expenses
$95,118
Assets
$347,264
Liabilities
$244,431

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

Leadership & pay

7 people listed

Executive titles in this filing

  • JAMES GREER (BOARD PRESIDENT & CEO OF MHCD STARTING 5/15/25)
  • CARL CLARK MD (FORMER BOARD PRESIDENT & CEO OF MHCD (RETIRED 12/31/24))

People named in this filing

  • ANGELA OAKLEY (BOARD TREASURER & CFO OF MHCD)
  • JAMES GREER (BOARD PRESIDENT & CEO OF MHCD STARTING 5/15/25)
  • CARL CLARK MD (FORMER BOARD PRESIDENT & CEO OF MHCD (RETIRED 12/31/24))

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

Enriching lives and minds by focusing on the strengths and well being of individuals by developing and operating quality, affordable and supportive housing for denver residents with behavioral health needs.

What it reported doing in 2024

Affordable group home with 7 beds and shared common areas serving people disabled with a mental health illness.

Operating model

Revenue model
Earned-program. 100% 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. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 82
  • Sustainability: 55
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.3%; rating input score 96
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: 3.6%; rating input score 52; 52nd percentile among comparable filings
  • Total-asset coverage ratio: 3.65; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: 0.7; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 4% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: -21.2% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: 0.7% per year; rating input score 100; 42nd percentile among comparable filings

Details

  • Where the money goes: 96.3% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $95K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 5 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: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 52/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.