Partners in Housing Solutions INC EIN 83-1183210

Partners in Housing Solutions INC

EIN  83-1183210 Public charity (501(c)(3)) Santa Maria, CA
Form 990 (PDF) Compare with another nonprofit →
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Size
$1–10M
What they do
Connects homeless individuals with landlords for stable housing.
Leadership
Alma Harmsen · Executive Dir. · $97K
Money in and out
$1.1M revenue, $898K expenses
Bottom line
74% program efficiency

Connects homeless individuals with landlords for stable housing. For fiscal year 2025 it reported $1.1M in revenue, $898K in expenses, and $845K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$898K
Pt IX · Ln 25
Net assets
$845K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $243K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.17 Fundraising $0.09
Program efficiency
74%
of spending reaches programs▲ +3% vs prior filing year
Operating runway
7.0mo
months of highly liquid reserves at operating expense rate▼ -20% vs prior filing year
Surplus margin
+21%
revenue over expenses, this year▼ -26% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$1.1M
FY2025▲ +8%
Expenses
$898K
FY2025▲ +20%
Total assets
$990K
FY2025▲ +61%
Total liabilities
$145K
FY2025▲ ×11
Total revenue
$1.1M
Pt VIII · Ln 12
Total expenses
$898K
Pt IX · Ln 25
Net assets
$845K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$243K
Total assetsPt X · Ln 16$990K
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $668K of program spending, described in the organization's own filed words · FY2024.
01

Partners in Housing Solutions helps people who are experiencing homelessness to secure and retain permanent housing through our network of private landlords

$668Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPartners in Housing Solutions INC
EINHdr · item D83-1183210
Principal addressHdr · item CSanta Maria, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFApr 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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 · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Dir.
$96,505Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$1.1M · 98%
Investment income$22K · 2%
Contributions & grants98%$1.1M
Investment income2%$22K
— government grantsLn 1e$618K
Total revenueLn 12$1.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.17 Fundraising $0.09
Program services74%$668K
Management & general17%$152K
Fundraising9%$79K
Total functional expensesLn 25$898K

Balance Sheet

Part X · end of year
CashLn 1$527K
Total assetsLn 16$990K
Total liabilitiesLn 26$145K
Total net assetsLn 32$845K
Months of cash on handcomputed7.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $527K · Operating expenses/yr $898K
7.0 months
Where the money goes
Program services
Program services $668K · Total expenses $898K
74%
Management & General
Management & general $152K · Total expenses $898K
17%
Fundraising
Fundraising $79K · Total expenses $898K
9%
Cost to raise $1
Fundraising expense (3-yr avg) $69K · Solicited contributions (3-yr avg) $456K
$0.15 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.1M · Total revenue $1.1M
98%
Government reliance
Government grants $618K · Total revenue $1.1M
54%
Earned-income share
Program service revenue $0 · Total revenue $1.1M
0%
Investment reliance
Investment income $22K · Total revenue $1.1M
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $898K
0%
Growth & trend
Revenue growth (YoY)
This year $1.1M · Prior year $1.1M
+8%
Revenue CAGR
FY2020 $469K · FY2024 $1.1M
+25%
Net-asset trend (YoY)
End of year $845K · Beginning of year $602K
+40%
Balance sheet
Surplus Margin
Revenue $1.1M · Expenses $898K
+21%
Liabilities-to-Assets
Total liabilities $145K · Total assets $990K
15%
Net-asset ratio
Net assets $845K · Total assets $990K
85%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $990K
0%
People & payroll
Highest Reported Total Compensation
Individual Alma Harmsen · Reported title Executive Dir. · Highest reported compensation $97K · Total expenses $898K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $578K · Total expenses $898K
64%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 17%
Fundraising cost ratio 7%
Revenue growth 8%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
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 · FY2025
Total grants receivedfrom 1 funder$30K

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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)$1.1M revenue · viewing · ⤓ 990 PDF
FY2024$1.1M revenue · ⤓ 990 PDF
FY2023not on file
FY2022$532K revenue · ⤓ 990 PDF
FY2021$695K revenue · ⤓ 990 PDF
FY2020$469K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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