Springfield Supported Housing Program EIN 26-1666635

Springfield Supported Housing Program

EIN  26-1666635 Public charity (501(c)(3)) Springfield, VT Founded 2008
Form 990 (PDF) Compare with another nonprofit →
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Size
$1–10M
What they do
Offers temporary housing and support services to at-risk families and individuals.
Leadership
Trisha Paradis · Vice President
Money in and out
$1.3M revenue, $1.6M expenses
Bottom line
92% program efficiency

Offers temporary housing and support services to at-risk families and individuals. For fiscal year 2024 it reported $1.3M in revenue, $1.6M in expenses, and $214K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$1.6M
Pt IX · Ln 25
Net assets
$214K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$289K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.07 Fundraising $0.01
Program efficiency
92%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
0.3mo
months of highly liquid reserves at operating expense rate0% vs prior filing year
Surplus margin
-22%
revenue over expenses, this year▼ -450% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.3M
FY2024▼ -12%
Expenses
$1.6M
FY2024▲ +14%
Total assets
$564K
FY2024▼ -16%
Total liabilities
$350K
FY2024▲ +111%
Total revenue
$1.3M
Pt VIII · Ln 12
Total expenses
$1.6M
Pt IX · Ln 25
Net assets
$214K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$289K
Total assetsPt X · Ln 16$564K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $1.5M of program spending, described in the organization's own filed words · FY2024.
01

The organization serves families in windsor and northern windham counties of VT who are either experienceing homelessness, or in danger of losing their housing, to find permanent, affordable housing and receive at-home case management.

$1.5Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSpringfield Supported Housing Program
EINHdr · item D26-1666635
Principal addressHdr · item CSpringfield, VT
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2008
State of legal domicileHdr · item MVT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L80)
Ruling yearIRS BMFJan 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Springfield Supported Housing Program executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$1.3M · 99%
Program service revenue$15K · 1%
Contributions & grants99%$1.3M
Program service revenue1%$15K
Investment income$18
Other revenue$3K
— government grantsLn 1e$1.1M
Total revenueLn 12$1.3M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.07 Fundraising $0.01
Program services92%$1.5M
Management & general7%$110K
Fundraising1%$23K
Total functional expensesLn 25$1.6M

Balance Sheet

Part X · end of year
CashLn 1$34K
Total assetsLn 16$564K
Total liabilitiesLn 26$350K
Total net assetsLn 32$214K
Months of cash on handcomputed0.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $34K · Operating expenses/yr $1.6M
0.3 months
Where the money goes
Program services
Program services $1.5M · Total expenses $1.6M
92%
Management & General
Management & general $110K · Total expenses $1.6M
7%
Fundraising
Fundraising $23K · Total expenses $1.6M
1%
Cost to raise $1
Fundraising expense (3-yr avg) $21K · Solicited contributions (3-yr avg) $280K
$0.07 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.3M · Total revenue $1.3M
99%
Government reliance
Government grants $1.1M · Total revenue $1.3M
83%
Earned-income share
Program service revenue $15K · Total revenue $1.3M
1%
Investment reliance
Investment income $18 · Total revenue $1.3M
0%
Program self-sufficiency
Program service revenue $15K · Total expenses $1.6M
1%
Growth & trend
Revenue growth (YoY)
This year $1.3M · Prior year $1.5M
-12%
Revenue CAGR
FY2019 $610K · FY2024 $1.3M
+17%
Net-asset trend (YoY)
End of year $214K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.3M · Expenses $1.6M
-22%
Liabilities-to-Assets
Total liabilities — · Total assets $564K
Net-asset ratio
Net assets $214K · Total assets $564K
38%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $564K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Trisha Paradis · Reported title VICE PRESIDENT · Highest reported compensation $0 · Total expenses $1.6M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $813K · Total expenses $1.6M
50%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 7%
Fundraising cost ratio 2%
Revenue growth -12%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$17K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$1.5M revenue · ⤓ 990 PDF
FY2023$1.1M revenue · ⤓ 990 PDF
FY2022$772K revenue · ⤓ 990 PDF
FY2021$881K revenue · ⤓ 990 PDF
FY2020$610K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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