Tiny House Community Development EIN 47-4942066

Tiny House Community Development FY2020 filing

EIN  47-4942066 Public charity (501(c)(3)) Greensboro, NC
Form 990 (PDF)
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Size
$100K–1M
What they do
Builds tiny home communities with formerly homeless individuals to reduce homelessness.
Leadership
Aniruddha Deshpande · Vice Chair
Money in and out
$210K revenue, $148K expenses
Bottom line
85% program efficiency

Builds tiny home communities with formerly homeless individuals to reduce homelessness. For fiscal year 2020 it reported $210K in revenue, $148K in expenses, and $803K in net assets.Pt I

Where the money goes · FY2020
Total revenue
$210K
Pt VIII · Ln 12
Total expenses
$148K
Pt IX · Ln 25
Net assets
$803K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $61K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.13 Fundraising $0.02
Program efficiency
85%
of spending reaches programs
Operating runway
8.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+29%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$210K
FY2020
Expenses
$148K
FY2020
Total assets
$982K
FY2020
Total liabilities
$179K
FY2020
Total revenue
$210K
Pt VIII · Ln 12
Total expenses
$148K
Pt IX · Ln 25
Net assets
$803K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$61K
Total assetsPt X · Ln 16$982K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $126K of program spending, described in the organization's own filed words · FY2020.
01

The company continues to work and develop tiny house communities in greensboro, high point and the surrounding area to develop tiny house communities. Our 6 unit community in greensboro has been occupied since 2019. We currently will have 8 units available in high point by june 2021, and 2 more by august 2021.

$126Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTiny House Community Development
EINHdr · item D47-4942066
Principal addressHdr · item CGreensboro, NC
WebsiteHdr · item Jwww.tinyhousesgreensboro.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L40)
Ruling yearIRS BMFAug 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
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
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Scott Jones’s $42K as Executive Director is at the 32nd percentile of top reported officer pay among 848 $100K–1M 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Laura Baker$54,031
Scott Jones$41,600$34,921$11,233
Scott a Jones$29,756

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$157K · 75%
Program service revenue$27K · 13%
Other revenue$26K · 12%
Contributions & grants75%$157K
Program service revenue13%$27K
Other revenue12%$26K
Investment income$76
— government grantsLn 1e$77K
Total revenueLn 12$210K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.13 Fundraising $0.02
Program services85%$126K
Management & general13%$19K
Fundraising2%$3K
Total functional expensesLn 25$148K

Balance Sheet

Part X · end of year
CashLn 1$108K
Total assetsLn 16$982K
Total liabilitiesLn 26$179K
Total net assetsLn 32$803K
Months of cash on handcomputed8.8

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $108K · Operating expenses (Pt IX) $148K · Less non-cash grants $937 · Cash operating expenses/yr $147K
8.8 months
Where the money goes
Program services
Program services $126K · Total expenses $148K
85%
Management & General
Management & general $19K · Total expenses $148K
13%
Fundraising
Fundraising $3K · Total expenses $148K
2%
Cost to raise $1
Fundraising expense $3K · Solicited contributions $79K
$0.04 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $157K · Total revenue $210K
75%
Government reliance
Government grants $77K · Total revenue $210K
37%
Earned-income share
Program service revenue $27K · Total revenue $210K
13%
Investment reliance
Investment income $76 · Total revenue $210K
0%
Program self-sufficiency
Program service revenue $27K · Total expenses $148K
18%
Growth & trend
Revenue growth (YoY)
This year $210K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $803K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $210K · Expenses $148K
+29%
Liabilities-to-Assets
Total liabilities — · Total assets $982K
Net-asset ratio
Net assets $803K · Total assets $982K
82%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $982K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Aniruddha Deshpande · Reported title VICE CHAIR · Highest reported compensation $0 · Total expenses $148K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $9K · Total expenses $148K
6%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 13%
Fundraising cost ratio 2%
Legal fee ratio 6%

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
Total grants receivedfrom 1 funder$8K

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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 (Latest)$714K revenue · ⤓ 990 PDF
FY2023$442K revenue · ⤓ 990 PDF
FY2022$457K revenue · ⤓ 990 PDF
FY2021$341K revenue · ⤓ 990 PDF
FY2020$210K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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