Loho EIN 76-0732680 Form 990 (PDF) Claim this org

Loho FY2020 filing

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Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).


Offers safe housing and 24-hour care for seniors, plus independent cottages. For fiscal year 2020 it reported $733K in revenue, $754K in expenses, and $1.9M in net assets.Pt I

Founded
2004
Type
Public charity (501(c)(3)) · Housing
Location
Lopez Island, WA
Website
lopezhamlet.com
Filings
6 on file (2020–2020)
Revenue
$733KFY2020
Expenses
$754K
Net assets
$1.9M
People
11
Filings
6
Updates
0
More identity details & actions ⌄
EIN  76-0732680 Public charity (501(c)(3)) Lopez Island, WA Founded 2004
Form 990 (PDF)
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Size
$1–10M
What they do
Offers safe housing and 24-hour care for seniors, plus independent cottages.
Leadership
James Orcutt · Chair
Money in and out
$733K revenue, $754K expenses
Bottom line
99% program efficiency
Where the money goes · FY2020
Total revenue
$733K
Pt VIII · Ln 12
Total expenses
$754K
Pt IX · Ln 25
Net assets
$1.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$20K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.00 Fundraising $0.00
Program efficiency
99%
of spending reaches programs
Operating runway
8.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
-3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$733K
FY2020
Expenses
$754K
FY2020
Total assets
$4.1M
FY2020
Total liabilities
$2.2M
FY2020
Revenue less expensesPt I · Ln 19−$20K
Total assetsPt X · Ln 16$4.1M
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLoho
EINHdr · item D76-0732680
Principal addressHdr · item CLopez Island, WA
WebsiteHdr · item Jlopezhamlet.com
Year of formationHdr · item L2004
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L22)
Ruling yearIRS BMFJan 2004

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 13No
Document retention policyPt VI · Ln 14No
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
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Amy Hatchel’s $100K as Hamlet House Manager is at the 34th percentile of top reported officer pay among 2036 $1–10M 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

NameFY2025FY2024FY2023FY2022
Amy Hatchel$100,317$96,837$85,060
Heather Harrison$66,359$56,810$52,528
Cathy Doherty$6,000

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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Mission & Programs · Part III

Where the work happens

2 program services account for $748K of program spending, described in the organization's own filed words · FY2020.
01

Hamlet House Adult Family Home provides attentive, professional 24-hour care on Lopez Island for individuals needing assistance with the tasks of daily life. Mental health and dementia certified. Home-like environment, six private rooms, sunny communal dining room and living room.

$402Kprogram expense
02

The Hamlet Cottages opened in 2008 to give fully independent Lopez Island seniors the opportunity to remain in their own community when they were ready to downsize. In addition to 14 1- and 2-bedroom garden cottages for rent, the community features The Gathering Place, our center for wellness and social activities.

$347Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$604K · 82%
Contributions & grants$120K · 16%
Other revenue$7K · 1%
Program service revenue82%$604K
Contributions & grants16%$120K
Other revenue1%$7K
Investment income$2K
— government grantsLn 1e$70K
Total revenueLn 12$733K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.00 Fundraising $0.00
Program services99%$748K
Management & general$4K
Fundraising$2K
Total functional expensesLn 25$754K

Balance Sheet

Part X · end of year
CashLn 1$469K
Total assetsLn 16$4.1M
Total liabilitiesLn 26$2.2M
Total net assetsLn 32$1.9M
Months of cash on handcomputed7.5

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $514K · Operating expenses/yr $754K
8.2 months
Where the money goes
Program services
Program services $748K · Total expenses $754K
99%
Management & General
Management & general $4K · Total expenses $754K
0.5%
Fundraising
Fundraising $2K · Total expenses $754K
0.2%
Cost to raise $1
Fundraising expense $2K · Solicited contributions $50K
$0.03 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $120K · Total revenue $733K
16%
Government reliance
Government grants $70K · Total revenue $733K
10%
Earned-income share
Program service revenue $604K · Total revenue $733K
82%
Investment reliance
Investment income $2K · Total revenue $733K
+0.3%
Program self-sufficiency
Program service revenue $604K · Total expenses $754K
80%
Growth & trend
Revenue growth (YoY)
This year $733K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $733K · Expenses $754K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $4.1M
Net-asset ratio
Net assets $1.9M · Total assets $4.1M
46%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $45K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.1M
1%
People & payroll
Highest Reported Total Compensation
Individual James Orcutt · Reported title Chair · Highest reported compensation $0 · Total expenses $754K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $332K · Total expenses $754K
44%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 0.5%
Fundraising cost ratio 1%
Accounting fee ratio 0.4%

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$40K

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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)$1.3M revenue · ⤓ 990 PDF
FY2024$1.3M revenue · ⤓ 990 PDF
FY2023$947K revenue · ⤓ 990 PDF
FY2022$742K revenue · ⤓ 990 PDF
FY2021$746K revenue · ⤓ 990 PDF
FY2020$733K 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
Names, privacy, and removal requests More

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