Road2home EIN 84-3552212 Form 990 (PDF) Claim this org

Road2home FY2023 filing

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Helps homeless individuals with resources, case management, emergency aid, and training. For fiscal year 2023 it reported $585K in revenue, $572K in expenses, and $200K in net assets.Pt I

Founded
2019
Type
Public charity (501(c)(3)) · Housing
Location
Bellingham, WA
Website
road2home.org
Filings
5 on file (2021–2023)
Revenue
$585KFY2023
Expenses
$572K
Net assets
$200K
People
9
Filings
5
Updates
0
More identity details & actions ⌄
EIN  84-3552212 Public charity (501(c)(3)) Bellingham, WA Founded 2019
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
Helps homeless individuals with resources, case management, emergency aid, and training.
Leadership
Ashley Buerger · Executive Director · $92K
Money in and out
$585K revenue, $572K expenses
Bottom line
66% program efficiency
Where the money goes · FY2023
Total revenue
$585K
Pt VIII · Ln 12
Total expenses
$572K
Pt IX · Ln 25
Net assets
$200K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $13K
Where spending went · Part IX cols B–D
Program services $0.66 Management & general $0.27 Fundraising $0.07
Program efficiency
66%
of spending reaches programs
Operating runway
5.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+2%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$585K
FY2023▲ +26%
Expenses
$572K
FY2023▲ +38%
Total assets
$257K
FY2023▲ +27%
Total liabilities
$57K
FY2023▲ +262%
Total revenue
$585K
Pt VIII · Ln 12
Total expenses
$572K
Pt IX · Ln 25
Net assets
$200K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$13K
Total assetsPt X · Ln 16$257K
Program-expense ratioPt IX · col B66%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRoad2home
EINHdr · item D84-3552212
Principal addressHdr · item CBellingham, WA
WebsiteHdr · item Jroad2home.org
Year of formationHdr · item L2019
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L41)
Ruling yearIRS BMFDec 2019

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 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
Executive Director
$92,007Pt VII · Sec A
Treasurer
$5,999Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Technology Chair
$0Pt VII · Sec A
President
$0Pt VII · Sec A

William Schofield’s $70K as Executive Director is at the 13th percentile of top reported officer pay among 2025 $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 · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Ashley Buerger$37,328$83,921$92,007
William Schofield$70,272
Ashley Buerger$67,601$56,980
Lucas Matson$5,999
Lucas Matson$2,461

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

3 program services account for $379K of program spending, described in the organization's own filed words · FY2023.
01

Management of temporary cold weather shelters for both day and night use staffed by trained professionals and volunteers.

$185Kprogram expense
02

Case management and supportive services for gardenview village, a 30+ unit village, that interact with the 40+ residents living in the community. The site is principally for residents ages 55 and older.

$137Kprogram expense
03

The ally program pairs volunteers with people experiencing homelessness to support them on their journey. Volunteer allies are there to listen, provide companionship, connect clients with resources, and help those experiencing homelessness realize their goals.

$57Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$334K · 57%
Contributions & grants$251K · 43%
Program service revenue57%$334K
Contributions & grants43%$251K
Investment income$70
Total revenueLn 12$585K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.66 Management & general $0.27 Fundraising $0.07
Program services66%$379K
Management & general27%$153K
Fundraising7%$40K
Total functional expensesLn 25$572K

Balance Sheet

Part X · end of year
CashLn 1$237K
Total assetsLn 16$257K
Total liabilitiesLn 26$57K
Total net assetsLn 32$200K
Months of cash on handcomputed5.0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $237K · Operating expenses/yr $572K
5.0 months
Where the money goes
Program services
Program services $379K · Total expenses $572K
66%
Management & General
Management & general $153K · Total expenses $572K
27%
Fundraising
Fundraising $40K · Total expenses $572K
7%
Cost to raise $1
Fundraising expense (2-yr avg) $20K · Solicited contributions (2-yr avg) $172K
$0.12 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $251K · Total revenue $585K
43%
Government reliance
Government grants — · Total revenue $585K
Earned-income share
Program service revenue $334K · Total revenue $585K
57%
Investment reliance
Investment income $70 · Total revenue $585K
+0.01%
Program self-sufficiency
Program service revenue $334K · Total expenses $572K
58%
Growth & trend
Revenue growth (YoY)
This year $585K · Prior year $464K
+26%
Net-asset trend (YoY)
End of year $200K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $585K · Expenses $572K
+2%
Liabilities-to-Assets
Total liabilities — · Total assets $257K
Net-asset ratio
Net assets $200K · Total assets $257K
78%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $257K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ashley Buerger · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $92K · Total expenses $572K
16%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $454K · Total expenses $572K
79%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 66%
Overhead ratio 27%
Fundraising cost ratio 16%
Revenue growth 26%
Accounting fee ratio 2%

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$10K

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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)$1.0M revenue · ⤓ 990 PDF
FY2024$1.2M revenue · ⤓ 990 PDF
FY2023$585K revenue · viewing · ⤓ 990 PDF
FY2022$464K revenue · ⤓ 990 PDF
FY2021$177K 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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