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DO Good Multnomah EIN 47-3934102

DO Good Multnomah

EIN  47-3934102 Public charity (501(c)(3)) Portland, OR Founded 2015
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/8/26 · see original filing: IRS
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Size
$10–100M
What they do
Provides shelter and support services for homeless veterans and marginalized people.
Leadership
Daniel Hovanas · CEO · $131K
Money in and out
$29.9M revenue, $29.4M expenses
Bottom line
89% program efficiency

Provides shelter and support services for homeless veterans and marginalized people. For fiscal year 2024 it reported $29.9M in revenue, $29.4M in expenses, and $4.2M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$29.9M
Pt VIII · Ln 12
Total expenses
$29.4M
Pt IX · Ln 25
Net assets
$4.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $532K
Where spending went · Part IX cols B–D
Program services $0.89 Management & general $0.10 Fundraising $0.01
Program efficiency
89%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
0.2mo
months of highly liquid reserves at operating expense rate▼ -33% vs prior filing year
Surplus margin
+2%
revenue over expenses, this year▲ +63% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$29.9M
FY2024▲ +13%
Expenses
$29.4M
FY2024▲ +12%
Total assets
$8.7M
FY2024▲ +39%
Total liabilities
$4.5M
FY2024▲ +69%
Total revenue
$29.9M
Pt VIII · Ln 12
Total expenses
$29.4M
Pt IX · Ln 25
Net assets
$4.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$532K
Total assetsPt X · Ln 16$8.7M
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

3 program services account for $26.1M of program spending, described in the organization's own filed words · FY2024.
01

Maintained eleven shelter spaces for displaced veterans and other vulnerable houseless individuals in emergency, congregate, motel, & village settings ranging in size from 19 pods to 100+ beds.

$20.1Mprogram expense
02

Assisted in addressing barriers to housing with direct client assistance and identified voucher options and low-income subsidized apartments to place participants in on a permanent basis. Between these programs we saw 556 successful placements out of shelter and into housing or the next best fit for the participant.

$4.9Mprogram expense
03

Maintained permanent supportive housing services to 20 units of veteran housing at clayton mohr commons, 35 units of veteran housing at findley commons, and began supporting 31 units of veteran prefered housing at paul and geneva knauls building and up to 20 units of veteran housing at portsmouth commons, for a total of 106 units of…

$1.2Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDO Good Multnomah
EINHdr · item D47-3934102
Principal addressHdr · item CPortland, OR
WebsiteHdr · item Jdogoodmultnomah.org
Year of formationHdr · item L2015
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L80)
Ruling yearIRS BMFAug 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$131,040Pt VII · Sec A
$131,040Pt VII · Sec A
Shannon Troy
Senior Director of Operations
$110,444Pt VII · Sec A
Ankur Dholakia
Board Co-Chair
$0Pt VII · Sec A
Richard Mounts
Board Co-Chair/Secretary
$0Pt VII · Sec A
Dawna Havnar
Board Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Henry Liu
Member
$0Pt VII · Sec A

Daniel Hovanas’s $131K as CEO is at the 12th percentile of top reported officer pay among 672 $10–100M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Daniel Hovanas$131,040$127,660$123,650———
Stephanie Vanrheen$131,040$127,660$123,650———
Shannon Troy$110,444$103,881————
Christopher T Aiosa———$102,821$78,176$60,200
Rich Flamm———$20,599$59,877—
Andrew Goebel———$50,437——
Christian Fazio———$17,689$10,878—

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 & grants100%$29.9M
Investment income$4K
Other revenue$28K
— government grantsLn 1e$28.3M
Total revenueLn 12$29.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.10 Fundraising $0.01
Program services89%$26.1M
Management & general10%$2.9M
Fundraising1%$331K
Total functional expensesLn 25$29.4M

Balance Sheet

Part X · end of year
CashLn 1$369K
Total assetsLn 16$8.7M
Total liabilitiesLn 26$4.5M
Total net assetsLn 32$4.2M
Months of cash on handcomputed0.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $369K · Operating expenses (Pt IX) $29.4M · Less non-cash grants $523K · Cash operating expenses/yr $28.9M
0.2 months
Where the money goes
Program services
Program services $26.1M · Total expenses $29.4M
89%
Management & General
Management & general $2.9M · Total expenses $29.4M
10%
Fundraising
Fundraising $331K · Total expenses $29.4M
1%
Cost to raise $1
Fundraising expense (3-yr avg) $250K · Solicited contributions (3-yr avg) $1.1M
$0.22 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $29.9M · Total revenue $29.9M
100%
Government reliance
Government grants $28.3M · Total revenue $29.9M
94%
Earned-income share
Program service revenue $0 · Total revenue $29.9M
0%
Investment reliance
Investment income $4K · Total revenue $29.9M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $29.4M
0%
Growth & trend
Revenue growth (YoY)
This year $29.9M · Prior year $26.5M
+13%
Revenue CAGR
FY2019 $4.6M · FY2024 $29.9M
+45%
Net-asset trend (YoY)
End of year $4.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $29.9M · Expenses $29.4M
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $8.7M
—
Net-asset ratio
Net assets $4.2M · Total assets $8.7M
48%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $8.7M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Daniel Hovanas · Reported title CEO · Highest reported compensation $131K · Total expenses $29.4M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $21.4M · Total expenses $29.4M
73%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 89%——
Overhead ratio 10%——
Fundraising cost ratio 1%——
Revenue growth 13%——

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 · FY2025
Bob Woodruff Family Foundation INCFY2025$67K
Onpoint Community Credit UnionFY2025$15K
Total grants receivedfrom 2 funders$82K

Similar Organizations

Closest in mission — by what they do
Level GroundMN
Good Shepherd MissionTX
Moving Upward IncorporatedMO
Homeless Sheltyer Action Committee INCGA
J B Housing Group INCTX
Veteran Housing CorpFL
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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$26.5M revenue · ⤓ 990 PDF
FY2023$17.0M revenue · ⤓ 990 PDF
FY2022$14.8M revenue · ⤓ 990 PDF
FY2021$10.0M revenue · ⤓ 990 PDF
FY2020$4.6M 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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