Home Share FY2023 filing

Tax-deductible

Saint Paul, MN501(c)(3)Human ServicesEIN 41-1769102

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Provide housing for people with disabilities and mental health issues.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $101K a year · 92% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
10 mo
of spending, in cash
Looks good: 9.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$464K
51% of total assets
Fine: liabilities are 51% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
4
of 6 voting members
Looks good: 4 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$100K
-16% vs prior year
Spent
$259K
To programs
86%
Net assets
$447K
By yearFY2020–FY2024
Revenue
$100K
FY2023▼ -16%
Revenue by fiscal year
FY2020$100K
FY2021$91K
FY2022$118K
FY2023$100K
FY2024$141K
Expenses
$259K
FY2023▲ +45%
Expenses by fiscal year
FY2020$186K
FY2021$194K
FY2022$179K
FY2023$259K
FY2024$238K
Net assets
$447K
FY2023▼ -24%
Net assets by fiscal year
FY2020$759K
FY2021$655K
FY2022$591K
FY2023$447K
FY2024$360K

From the FY2023 Form 990 · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1994.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $223K Management & general 14% · $36K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
President, Chief Executive Officer
$0Pt VII · Sec A
Secretary & Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers housing for people with disabilities and mental health challenges.

Provided by the organization

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1 program service account for $223K of program spending, described in the organization's own filed words · FY2023.
01

Seven residential homes that provide housing to people with medically diagnosed illnesses and that are extremely low-income. Each person rents a private bedroom and shares common living space such as a kitchen, dining room, and bathrooms.

$223Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Kelsey TrustFY2021$5K
Total grants receivedfrom 1 funder$5K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$100K
Ln 12
Fees for servicesLn 2g$99K
Investment incomeLn 3$217
Money outPt IX
$259K
Ln 25
Programscol B$223K
Managementcol C$36K
Owns and owesPt X
$447K
net assets · Ln 32
Cash and savingsLn 1–2$207K
Total assetsLn 16$911K
LiabilitiesLn 26$464K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$99K
Investment incomeLn 3$217
Total revenueLn 12$100K
Assets in detailPt X, end of year
CashLn 1$26K
SavingsLn 2$182K
Cash and savings togetherLn 1–2$207K
InvestmentsLn 11–13$299K
Land, buildings, equipmentLn 10c$391K
Total assetsLn 16$911K
LiabilitiesLn 26$464K
Net assetsLn 32$447K
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$420K$207K
InvestmentsLn 11–13$113K$299K
Land, buildings, equipmentLn 10c$412K$391K
Total assetsLn 16$953K$911K
LiabilitiesLn 26$362K$464K
Net assetsLn 32$591K$447K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$12K$12K
Accounting feesLn 11c$8K$8K
Other fees for servicesLn 11g$56K$45K$11K
Information technologyLn 14$2K$2K
OccupancyLn 16$31K$31K
Depreciation, depletion and amortizationLn 22$42K$42K
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$102K$99K$3K
Total functional expensesLn 25$259K$223K$36K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $141K$238K−$97K$360K 990 PDF
FY2023 Viewing $100K$259K−$160K$447K 990 PDF
FY2022 $118K$179K−$61K$591K 990 PDF
FY2021 $91K$194K−$103K$655K 990 PDF
FY2020 $100K$186K−$86K$759K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $99,538 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $99,321$99,321
VIII-3 Investment incomeExcluded from tax $217$217
VIII-12 Total revenueRelated to mission $99,321 · Unrelated business $0 · Excluded from tax $217$99,538
Part IX · Statement of functional expenses $259,482 across 8 lines filed
IX-11a Management feesManagement $12,068$12,068
IX-11c Accounting feesManagement $8,250$8,250
IX-11g Other fees for servicesPrograms $44,811 · Management $10,885$55,696
IX-14 Information technologyManagement $2,149$2,149
IX-16 OccupancyPrograms $30,829$30,829
IX-22 Depreciation, depletion and amortizationPrograms $41,687$41,687
IX-23 InsurancePrograms $6,756$6,756
IX-24 Other expenses (24a–d)Programs $98,971 · Management $3,076$102,047
IX-25 Total functional expensesPrograms $223,054 · Management $36,428 · Fundraising $0$259,482
Part X · Balance sheet $910,508 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $56,701$25,600
X-2 Savings and temporary cash investmentsStart of year $363,380$181,537
X-4 Accounts receivableStart of year $7,167$13,253
X-10c Land, buildings and equipment, netStart of year $412,360$391,268
X-12 Other securitiesStart of year $113,318$298,850
X-16 Total assetsStart of year $952,926$910,508
X-17 Accounts payable and accrued expensesStart of year $206$0
X-19 Deferred revenue$676
X-25 Other liabilitiesStart of year $362,109$463,102
X-26 Total liabilitiesStart of year $362,315$463,778
X-27 Net assets without donor restrictionsStart of year $590,611$446,730
X-32 Total net assets or fund balancesStart of year $590,611$446,730
X-33 Total liabilities and net assetsStart of year $952,926$910,508
Part XI · Reconciliation of net assets $446,730 net assets at year end
XI-1 Total revenue$99,538
XI-2 Total expenses$259,482
XI-3 Revenue less expenses−$159,944
XI-4 Net assets at start of year$590,611
XI-5 Net unrealized gains (losses) on investments$16,063
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$446,730

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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