Down Home EIN 82-3635989

Down Home FY2022 filing

EIN  82-3635989 Public charity (501(c)(3)) Fargo, ND Founded 2017
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Down Home claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Furnishes homes for families and individuals moving from homelessness to permanent housing.
Leadership
Jenessa Fillipi · President/Executive Direct · $67K
Money in and out
$471K revenue, $382K expenses
Bottom line
70% program efficiency

Furnishes homes for families and individuals moving from homelessness to permanent housing. For fiscal year 2022 it reported $471K in revenue, $382K in expenses, and $395K in net assets.Pt I

Where the money goes · FY2022
Total revenue
$471K
Pt VIII · Ln 12
Total expenses
$382K
Pt IX · Ln 25
Net assets
$395K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $89K
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.30
Program efficiency
70%
of spending reaches programs
Operating runway
17.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
+19%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$471K
FY2022▲ +7%
Expenses
$382K
FY2022▲ +26%
Total assets
$395K
FY2022▲ +25%
Total liabilities
$0
FY2022
Total revenue
$471K
Pt VIII · Ln 12
Total expenses
$382K
Pt IX · Ln 25
Net assets
$395K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$89K
Total assetsPt X · Ln 16$395K
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

1 program service account for $268K of program spending, described in the organization's own filed words · FY2022.
01

Entering housing is an important step in the journey of emerging from homelessness, yet four walls is not enough to solve the problem. Down home (DH) helps end the cycle of homelessness by creating homes and a community where families and individuals find comfort, dignity, stability, and connection.

$268Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDown Home
EINHdr · item D82-3635989
Principal addressHdr · item CFargo, ND
WebsiteHdr · item Jwww.down-home.org
Year of formationHdr · item L2017
State of legal domicileHdr · item MND
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJun 2018

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b7
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/Executive Direct
$66,996Pt VII · Sec A
$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

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jenessa Fillipi$77,000$73,932$70,008$66,996$41,000$10,800

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.

See Down Home executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$423K · 90%
Other revenue$48K · 10%
Contributions & grants90%$423K
Other revenue10%$48K
Total revenueLn 12$471K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.30
Program services70%$268K
Management & general30%$114K
Total functional expensesLn 25$382K

Balance Sheet

Part X · end of year
CashLn 1$301K
Total assetsLn 16$395K
Total liabilitiesLn 26$0
Total net assetsLn 32$395K
Months of cash on handcomputed9.5

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $395K · Operating expenses (Pt IX) $382K · Less non-cash grants $110K · Cash operating expenses/yr $272K
17.4 months
Where the money goes
Program services
Program services $268K · Total expenses $382K
70%
Management & General
Management & general $114K · Total expenses $382K
30%
Fundraising
Fundraising $0 · Total expenses $382K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $364K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $423K · Total revenue $471K
90%
Government reliance
Government grants — · Total revenue $471K
Earned-income share
Program service revenue $0 · Total revenue $471K
0%
Investment reliance
Investment income $0 · Total revenue $471K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $382K
0%
Growth & trend
Revenue growth (YoY)
This year $471K · Prior year $439K
+7%
Net-asset trend (YoY)
End of year $395K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $471K · Expenses $382K
+19%
Liabilities-to-Assets
Total liabilities — · Total assets $395K
Net-asset ratio
Net assets $395K · Total assets $395K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $94K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $395K
24%
People & payroll
Highest Reported Total Compensation
Individual Jenessa Fillipi · Reported title PRESIDENT/EXECUTIVE DIRECT · Highest reported compensation $67K · Total expenses $382K
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $143K · Total expenses $382K
37%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 30%
Fundraising cost ratio 0%
Revenue growth 7%
Accounting fee ratio 1%

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$42K

Similar Organizations

Closest in mission — by what they do
See all organizations like Down Home →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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)$957K revenue · ⤓ 990 PDF
FY2024$856K revenue · ⤓ 990 PDF
FY2023$566K revenue · ⤓ 990 PDF
FY2022$471K revenue · viewing · ⤓ 990 PDF
FY2021$439K revenue · ⤓ 990 PDF
FY2020$335K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.