Stephenson Place FY2021 filing

Tucson, AZ · Public charity (501(c)(3)) · Since 1994 · Housing

✓ Tax-deductible Latest data FY2021
Revenue
$195K
▲ +3% vs prior year
Spent
$200K
To programs
73%
Net assets
$901K
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending June 2021 (IRS tax year 2020).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
Not on file
Spent on programs?
73% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +3% vs prior year
Legal name (IRS)Hdr · item CStephenson Place
EINHdr · item D86-0766137
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFNov 1994
Year of formationHdr · item L1994
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CTucson, AZ
NTEE classificationIRS BMFHousing (L80)
WebsiteHdr · item Jwww.saaf.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.27
Program services73%$147K
Management & general27%$54K
Total functional expensesLn 25$200K

Financial health

Revenue & expenses by yearFY2020–FY2024
Revenue
$195K
FY2021▲ +3%
Expenses
$200K
FY2021▼ -1%
Program efficiency
73%
of spending reaches programs
Operating runway
7.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$933K
FY2021▼ -2%
Total liabilities
$32K
FY2021▲ +19%
Revenue less expensesPt I · Ln 19−$6K
Total assetsPt X · Ln 16$933K
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$118K
Total assetsLn 16$933K
Total liabilitiesLn 26$32K
Total net assetsLn 32$901K
Months of cash on handcomputed7.1

Statement of Revenue

Part VIII
Contributions & grants$138K · 71%
Program service revenue$56K · 29%
Contributions & grants71%$138K
Program service revenue29%$56K
Investment income$19
Other revenue$136
— government grantsLn 1e$138K
Total revenueLn 12$195K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $118K · Operating expenses/yr $200K
7.1 months
Where the money goes
Program services
Program services $147K · Total expenses $200K
73%
Management & General
Management & general $54K · Total expenses $200K
27%
Fundraising
Fundraising $0 · Total expenses $200K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $138K · Total revenue $195K
71%
Government reliance
Government grants $138K · Total revenue $195K
71%
Earned-income share
Program service revenue $56K · Total revenue $195K
29%
Investment reliance
Investment income $19 · Total revenue $195K
<0.01%
Program self-sufficiency
Program service revenue $56K · Total expenses $200K
28%
Growth & trend
Revenue growth (YoY)
This year $195K · Prior year $189K
+3%
Net-asset trend (YoY)
End of year $901K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $195K · Expenses $200K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $933K
—
Net-asset ratio
Net assets $901K · Total assets $933K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $933K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Carla Johnson · Reported title CHAIR · Highest reported compensation $0 · Total expenses $200K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $200K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 73%——
Overhead ratio 27%——
Fundraising cost ratio 0%——
Revenue growth 3%——
Accounting fee ratio 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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Chief Executive Officer
$0Pt VII · Sec A
Former Executive Director
$0Pt VII · Sec A
See Stephenson Place executive salaries →

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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 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Builds affordable homes for people with disabilities.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $147K of program spending, described in the organization's own filed words · FY2020.
01

Stephenson place served low-income clients in 25 households consisting of 38 persons. Our program operates under the housing first model so saaf does not exclude clients from entering housing due to criminal history, rental history, domestic violence, mental illness, substance use, or other factors that might prevent a person from…

$147Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Filing history

YearRevenueExpensesChangeFiling
FY2024 $188K$274K-8% 990 PDF
FY2023 $205K$232K+0.8% 990 PDF
FY2022 $203K$223K+4% 990 PDF
FY2021 Viewing $195K$200K+3% 990 PDF
FY2020 $189K$203K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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