Iris House INC EIN 81-4865384 Form 990 (PDF) Claim this org

Iris House INC FY2023 filing

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Helps people with mental illness find jobs, education, and support to build successful lives. For fiscal year 2023 it reported $165K in revenue, $176K in expenses, and $758K in net assets.Pt I

Type
Public charity (501(c)(3)) · Mental Health
Location
Casper, WY
Website
www.irisclubhouse.org
Filings
5 on file (2020–2023)
Revenue
$165KFY2023
Expenses
$176K
Net assets
$758K
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-4865384 Public charity (501(c)(3)) Casper, WY
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Helps people with mental illness find jobs, education, and support to build successful lives.
Leadership
Rebecca Reeves · Executive Dir. · $53K
Money in and out
$165K revenue, $176K expenses
Bottom line
100% program efficiency
Where the money goes · FY2023
Total revenue
$165K
Pt VIII · Ln 12
Total expenses
$176K
Pt IX · Ln 25
Net assets
$758K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$11K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
21.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$165K
FY2023▲ +21%
Expenses
$176K
FY2023▲ +16%
Total assets
$760K
FY2023▼ -1%
Total liabilities
$2K
FY2023▲ +2%
Total revenue
$165K
Pt VIII · Ln 12
Total expenses
$176K
Pt IX · Ln 25
Net assets
$758K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$11K
Total assetsPt X · Ln 16$760K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $176K of program spending, described in the organization's own filed words · FY2023.
01

The Clubhouse is a work-oriented program for adults who are diagnosed with a significant mental illness that helps people build their job skills, regain personal worth, and rejoin the community.

$176Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CIris House INC
EINHdr · item D81-4865384
Principal addressHdr · item CCasper, WY
WebsiteHdr · item Jwww.irisclubhouse.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMental Health (F30)
Ruling yearIRS BMFJul 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
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
Executive Dir.
$53,177Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Rebecca Reeves$53,177$32,658
Dan Odell$32,630$32,630

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$140K · 85%
Other revenue$25K · 15%
Contributions & grants85%$140K
Other revenue15%$25K
— government grantsLn 1e$125K
Total revenueLn 12$165K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$176K
Total functional expensesLn 25$176K

Balance Sheet

Part X · end of year
CashLn 1$313K
Total assetsLn 16$760K
Total liabilitiesLn 26$2K
Total net assetsLn 32$758K
Months of cash on handcomputed21.4

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $313K · Operating expenses/yr $176K
21.4 months
Where the money goes
Program services
Program services $176K · Total expenses $176K
100%
Management & General
Management & general $0 · Total expenses $176K
0%
Fundraising
Fundraising $0 · Total expenses $176K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $114K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $140K · Total revenue $165K
85%
Government reliance
Government grants $125K · Total revenue $165K
76%
Earned-income share
Program service revenue $0 · Total revenue $165K
0%
Investment reliance
Investment income $0 · Total revenue $165K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $176K
0%
Growth & trend
Revenue growth (YoY)
This year $165K · Prior year $137K
+21%
Net-asset trend (YoY)
End of year $758K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $165K · Expenses $176K
-7%
Liabilities-to-Assets
Total liabilities — · Total assets $760K
Net-asset ratio
Net assets $758K · Total assets $760K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $760K
0%
People & payroll
Highest Reported Total Compensation
Individual Rebecca Reeves · Reported title Executive Dir. · Highest reported compensation $53K · Total expenses $176K
30%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $112K · Total expenses $176K
64%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 21%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 4%
Fundraising fee ratio 0%

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 · FY2024
See all 5 funders →

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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)$183K revenue · ⤓ 990 PDF
FY2023$165K revenue · viewing · ⤓ 990 PDF
FY2022$137K revenue · ⤓ 990 PDF
FY2021$259K revenue · ⤓ 990 PDF
FY2020$551K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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