Trellis Community Development EIN 86-0632700

Trellis Community Development

EIN  86-0632700 Public charity (501(c)(3)) Phoenix, AZ
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Builds, educates, and lends to create stable homes and communities.
Leadership
Romero Michael · Secretary
Money in and out
$60K revenue, $567K expenses
Bottom line
66% program efficiency

Builds, educates, and lends to create stable homes and communities. For fiscal year 2024 it reported $60K in revenue, $567K in expenses, and $-1.1M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$60K
Pt VIII · Ln 12
Total expenses
$567K
Pt IX · Ln 25
Net assets
$-1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$507K
Where spending went · Part IX cols B–D
Program services $0.66 Management & general $0.32 Fundraising $0.03
Program efficiency
66%
of spending reaches programs▼ -16% vs prior filing year
Operating runway
0.4mo
months of highly liquid reserves at operating expense rate▼ -67% vs prior filing year
Surplus margin
-842%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$60K
FY2024▲ +151%
Expenses
$567K
FY2024▼ -17%
Total assets
$2.4M
FY2024▲ +9%
Total liabilities
$3.5M
FY2024▲ +25%
Total revenue
$60K
Pt VIII · Ln 12
Total expenses
$567K
Pt IX · Ln 25
Net assets
$-1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$507K
Total assetsPt X · Ln 16$2.4M
Program-expense ratioPt IX · col B66%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $373K of program spending, described in the organization's own filed words · FY2024.
01

To develop and promote affordable housing opportunities and other activities designed to revitalize neighborhoods. Historically, this has primarily been implemented through acquisition and rehabilitation of single-family homes and infill housing development, and most recently has included multi-family development of townhome communities…

$373Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTrellis Community Development
EINHdr · item D86-0632700
Principal addressHdr · item CPhoenix, AZ
WebsiteHdr · item Jwww.trellisaz.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S20B)
Ruling yearIRS BMFSep 1989

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
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
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Other revenue$56K · 93%
Investment income$4K · 7%
Other revenue93%$56K
Investment income7%$4K
Total revenueLn 12$60K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.66 Management & general $0.32 Fundraising $0.03
Program services66%$373K
Management & general32%$180K
Fundraising3%$14K
Total functional expensesLn 25$567K

Balance Sheet

Part X · end of year
CashLn 1$17K
Total assetsLn 16$2.4M
Total liabilitiesLn 26$3.5M
Total net assetsLn 32$-1.1M
Months of cash on handcomputed0.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $17K · Operating expenses/yr $567K
0.4 months
Where the money goes
Program services
Program services $373K · Total expenses $567K
66%
Management & General
Management & general $180K · Total expenses $567K
32%
Fundraising
Fundraising $14K · Total expenses $567K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $21K · Solicited contributions (3-yr avg) $51K
$0.42 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $60K
0%
Government reliance
Government grants — · Total revenue $60K
Earned-income share
Program service revenue $0 · Total revenue $60K
0%
Investment reliance
Investment income $4K · Total revenue $60K
+7%
Program self-sufficiency
Program service revenue $0 · Total expenses $567K
0%
Growth & trend
Revenue growth (YoY)
This year $60K · Prior year $-118K
Prior-year revenue below floor — showing dollar change
Revenue CAGR
FY2020 $492K · FY2024 $60K
-41%
Net-asset trend (YoY)
End of year $-1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $60K · Expenses $567K
-842%
Liabilities-to-Assets
Total liabilities — · Total assets $2.4M
Net-asset ratio
Net assets $-1.1M · Total assets $2.4M
-44%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.4M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Romero Michael · Reported title SECRETARY · Highest reported compensation $0 · Total expenses $567K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $118K · Total expenses $567K
21%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 66%
Overhead ratio 32%
Revenue growth 151%
Legal fee ratio 2%
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 · FY2023
TrellisFY2023$150K
Total grants receivedfrom 1 funder$150K

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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)$60K revenue · viewing · ⤓ 990 PDF
FY2023$-118K revenue · ⤓ 990 PDF
FY2022$687K revenue · ⤓ 990 PDF
FY2021$2.2M revenue · ⤓ 990 PDF
FY2020$492K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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