Trellis Community Development EIN 86-0632700 Form 990 (PDF) Claim this org

Trellis Community Development FY2020 filing

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Builds, educates, and lends to create stable homes and communities. For fiscal year 2020 it reported $492K in revenue, $315K in expenses, and $1.1M in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Phoenix, AZ
Website
www.trellisaz.org
Filings
5 on file (2020–2020)
Revenue
$492KFY2020
Expenses
$315K
Net assets
$1.1M
People
12
Filings
5
Updates
0
More identity details & actions ⌄
EIN  86-0632700 Public charity (501(c)(3)) Phoenix, AZ
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
<$100K
What they do
Builds, educates, and lends to create stable homes and communities.
Leadership
Duarte Patricia Garcia · President & CEO
Money in and out
$492K revenue, $315K expenses
Bottom line
84% program efficiency
Where the money goes · FY2020
Total revenue
$492K
Pt VIII · Ln 12
Total expenses
$315K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $177K
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.15 Fundraising $0.01
Program efficiency
84%
of spending reaches programs
Operating runway
39.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+36%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$492K
FY2020
Expenses
$315K
FY2020
Total assets
$6.7M
FY2020
Total liabilities
$5.6M
FY2020
Total revenue
$492K
Pt VIII · Ln 12
Total expenses
$315K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$177K
Total assetsPt X · Ln 16$6.7M
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $265K of program spending, described in the organization's own filed words · FY2020.
01

To develop and promote affordable housing opportunities and other activities designed to revitalize neighborhoods. This has primarily been implemented through acquisition and rehabilitation of single-family homes, infill housing development and multi-family development including townhomes for homeownership and lease to own homeownership…

$265Kprogram 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 1a9
Independent voting membersPt VI · Ln 1b9
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
President & CEO
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director (thru 6/2020)
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$551K · 112%
Program service revenue$62K · 13%
Contributions & grants112%$551K
Program service revenue13%$62K
— government grantsLn 1e$48K
Total revenueLn 12$492K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.15 Fundraising $0.01
Program services84%$265K
Management & general15%$47K
Fundraising1%$3K
Total functional expensesLn 25$315K

Balance Sheet

Part X · end of year
CashLn 1$869K
Total assetsLn 16$6.7M
Total liabilitiesLn 26$5.6M
Total net assetsLn 32$1.1M
Months of cash on handcomputed33.2

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $869K · Operating expenses (Pt IX) $315K · Less non-cash grants $53K · Cash operating expenses/yr $262K
39.9 months
Where the money goes
Program services
Program services $265K · Total expenses $315K
84%
Management & General
Management & general $47K · Total expenses $315K
15%
Fundraising
Fundraising $3K · Total expenses $315K
0.9%
Cost to raise $1
Fundraising expense $3K · Solicited contributions $503K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $551K · Total revenue $492K
112%
Government reliance
Government grants $48K · Total revenue $492K
10%
Earned-income share
Program service revenue $62K · Total revenue $492K
13%
Investment reliance
Investment income $0 · Total revenue $492K
0%
Program self-sufficiency
Program service revenue $62K · Total expenses $315K
20%
Growth & trend
Revenue growth (YoY)
This year $492K · Prior year —
No prior year on file
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 $492K · Expenses $315K
+36%
Liabilities-to-Assets
Total liabilities — · Total assets $6.7M
Net-asset ratio
Net assets $1.1M · Total assets $6.7M
16%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $6.7M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Duarte Patricia Garcia · Reported title PRESIDENT & CEO · Highest reported compensation $0 · Total expenses $315K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $81K · Total expenses $315K
26%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 15%
Fundraising cost ratio 0.5%
Legal fee ratio 14%
Accounting fee ratio 0.7%

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

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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