Sheltered INC EIN 31-1315795

Sheltered INC

EIN  31-1315795 Public charity (501(c)(3)) Springfield, OH Founded 1990 1 follower
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 9/11/26 · see original filing: IRS
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Size
$1–10M
What they do
Helps individuals and families overcome homelessness with faithful dedication.
Leadership
Neal Browning · Executive Director (begin 3/2025) · $65K
Money in and out
$1.9M revenue, $1.6M expenses
Bottom line
86% program efficiency

Helps individuals and families overcome homelessness with faithful dedication. For fiscal year 2025 it reported $1.9M in revenue, $1.6M in expenses, and $211K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$1.9M
Pt VIII · Ln 12
Total expenses
$1.6M
Pt IX · Ln 25
Net assets
$211K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $262K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.14
Program efficiency
86%
of spending reaches programs▼ -3% vs prior filing year
Operating runway
2.4mo
months of highly liquid reserves at operating expense rate▲ +700% vs prior filing year
Surplus margin
+14%
revenue over expenses, this year▲ +635% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$1.9M
FY2025▲ +50%
Expenses
$1.6M
FY2025▲ +26%
Total assets
$1.5M
FY2025▲ +8%
Total liabilities
$1.3M
FY2025▼ -10%
Total revenue
$1.9M
Pt VIII · Ln 12
Total expenses
$1.6M
Pt IX · Ln 25
Net assets
$211K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$262K
Total assetsPt X · Ln 16$1.5M
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

3 program services account for $514K of program spending, described in the organization's own filed words · FY2025.
01

Homeless Crisis Response Program (hp & Rrh)

The housing stabilization program contains two elements 1) rapid re-housing, which provides a flexible array of financial assistance to enable homeless individuals and families to become and remain stably housed. Assistance can be provided in the form of rental assistance, security and utility deposits.

$337Kprogram expense
02

Homelessness Solutions Program

Sheltered, inc. Administers the only emergency shelter in springfield, ohio for homeless families, single women, and men. The two shelters are operated 24 hours a day with staff. The maximum length of stay is 90 days.

$153Kprogram expense
03

Ilsa

Sheltered, inc. Manages seventeen fully furnished apartments for the next step program, independent living supportive assistance (ilsa). This supportive housing program housed families and single men and women.

$23Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSheltered INC
EINHdr · item D31-1315795
Principal addressHdr · item CSpringfield, OH
WebsiteHdr · item Jthesheltered.org
Year of formationHdr · item L1990
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFApr 1991

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director (begin 3/2025)
$64,615Pt VII · Sec A
Vice-Chairman/Ed
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Elaina Bradley$58,370$85,000$77,884$121,222$98,298
Neal Browning$64,615
Nashea Davis$60,062

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$1.9M · 98%
Program service revenue$16K · 1%
Other revenue$17K · 1%
Contributions & grants98%$1.9M
Program service revenue1%$16K
Other revenue1%$17K
Investment income$87
— government grantsLn 1e$1.2M
Total revenueLn 12$1.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.14
Program services86%$1.4M
Management & general14%$234K
Total functional expensesLn 25$1.6M

Balance Sheet

Part X · end of year
CashLn 1$329K
Total assetsLn 16$1.5M
Total liabilitiesLn 26$1.3M
Total net assetsLn 32$211K
Months of cash on handcomputed2.4

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $329K · Operating expenses/yr $1.6M
2.4 months
Where the money goes
Program services
Program services $1.4M · Total expenses $1.6M
86%
Management & General
Management & general $234K · Total expenses $1.6M
14%
Fundraising
Fundraising $0 · Total expenses $1.6M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $588K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1.9M · Total revenue $1.9M
98%
Government reliance
Government grants $1.2M · Total revenue $1.9M
63%
Earned-income share
Program service revenue $16K · Total revenue $1.9M
1%
Investment reliance
Investment income $87 · Total revenue $1.9M
0%
Program self-sufficiency
Program service revenue $16K · Total expenses $1.6M
1%
Growth & trend
Revenue growth (YoY)
This year $1.9M · Prior year $1.3M
+50%
Revenue CAGR
FY2020 $3.1M · FY2025 $1.9M
-9%
Net-asset trend (YoY)
End of year $211K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.9M · Expenses $1.6M
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $1.5M
Net-asset ratio
Net assets $211K · Total assets $1.5M
14%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Neal Browning · Reported title EXECUTIVE DIRECTOR (BEGIN 3/2025) · Highest reported compensation $65K · Total expenses $1.6M
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $704K · Total expenses $1.6M
43%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 14%
Revenue growth 50%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$19K
Grants paid · 74 grants · $14.1M · 2020–2025
Unitemized GrantFY2025$68,639
Unitemized GrantFY2025$48,749
Unitemized GrantFY2025$40,000
Unitemized GrantFY2025$39,000
Unitemized GrantFY2025$31,104
Unitemized GrantFY2025$21,609
Unitemized GrantFY2025$5,191
Unitemized GrantFY2024$87,386
Unitemized GrantFY2024$47,377
Unitemized GrantFY2024$16,565
Unitemized GrantFY2024$15,900
Unitemized GrantFY2024$15,173
Unitemized GrantFY2024$6,816
Unitemized GrantFY2024$1,726
Unitemized GrantFY2023$206,446
Unitemized GrantFY2023$110,790
Unitemized GrantFY2023$73,900
Springfield Metropolitan HousingFY2023$30,926
See all 74 grants →

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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
FY2025 (Latest)$1.9M revenue · viewing · ⤓ 990 PDF
FY2024$1.3M revenue · ⤓ 990 PDF
FY2023$1.9M revenue · ⤓ 990 PDF
FY2022$7.3M revenue · ⤓ 990 PDF
FY2021$8.0M revenue · ⤓ 990 PDF
FY2020$3.1M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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