Toby House V INC

Phoenix, AZ · Public charity (501(c)(3)) · Since 1997 · Mental Health

✓ Tax-deductible
Revenue
$150K
-74% vs prior year
Spent
$191K
To programs
77%
Net assets
$595K
By yearFY2020–FY2024
Revenue
$150K
FY2024▼ -74%
Revenue by fiscal year
FY2020$127K
FY2021$133K
FY2022$133K
FY2023$136K
FY2024$574K
FY2024$150K
Expenses
$191K
FY2024▼ -5%
Expenses by fiscal year
FY2020$124K
FY2021$140K
FY2022$150K
FY2023$279K
FY2024$201K
FY2024$191K
Net assets
$595K
FY2024▼ -6%
Net assets by fiscal year
FY2020$431K
FY2021$423K
FY2022$407K
FY2023$263K
FY2024$636K
FY2024$595K

From the FY2024 Form 990 · see the original

Status and standing

Is it real, and can you give to it?

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)
Legal name (IRS)Hdr · item CToby House V INC
EINHdr · item D86-0950586
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFAug 1999
Year of formationHdr · item L1997
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CPhoenix, AZ
NTEE classificationIRS BMFMental Health (F33)

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.77 Management & general $0.23
Program services77%$148K
Management & general23%$43K
Total functional expensesLn 25$191K

Financial health

Is it on solid ground?

Program efficiency
77%
of spending reaches programs▲ +5% vs prior filing year
Operating runway
7.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
-27%
revenue over expenses, this year▼ -142% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$708K
FY2024▲ +0.5%
Total assets by fiscal year
FY2020$770K
FY2021$772K
FY2022$793K
FY2023$701K
FY2024$704K
FY2024$708K
Total liabilities
$114K
FY2024▲ +65%
Total liabilities by fiscal year
FY2020$339K
FY2021$349K
FY2022$386K
FY2023$438K
FY2024$69K
FY2024$114K
Revenue less expensesPt I · Ln 19−$41K
Total assetsPt X · Ln 16$708K
Program-expense ratioPt IX · col B77%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413

Balance Sheet

Part X · end of year
CashLn 1$121K
Total assetsLn 16$708K
Total liabilitiesLn 26$114K
Total net assetsLn 32$595K
Months of cash on handcomputed7.6

Statement of Revenue

Part VIII
Contributions & grants$126K · 84%
Program service revenue$23K · 15%
Investment income$1K · 1%
Contributions & grants84%$126K
Program service revenue15%$23K
Investment income1%$1K
— government grantsLn 1e$126K
Total revenueLn 12$150K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $121K · Operating expenses/yr $191K
7.6 months
Where the money goes
Program services
Program services $148K · Total expenses $191K
77%
Management & General
Management & general $43K · Total expenses $191K
23%
Fundraising
Fundraising $0 · Total expenses $191K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $145K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $126K · Total revenue $150K
84%
Government reliance
Government grants $126K · Total revenue $150K
84%
Earned-income share
Program service revenue $23K · Total revenue $150K
15%
Investment reliance
Investment income $1K · Total revenue $150K
+0.9%
Program self-sufficiency
Program service revenue $23K · Total expenses $191K
12%
Growth & trend
Revenue growth (YoY)
This year $150K · Prior year $574K
-74%
Revenue CAGR
FY2019 $127K · FY2024 $150K
+3%
Net-asset trend (YoY)
End of year $595K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $150K · Expenses $191K
-27%
Liabilities-to-Assets
Total liabilities — · Total assets $708K
—
Net-asset ratio
Net assets $595K · Total assets $708K
84%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $708K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kevin Lawson · Reported title CHAIR · Highest reported compensation $0 · Total expenses $191K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $32K · Total expenses $191K
17%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 77%——
Overhead ratio 23%——
Revenue growth -74%——

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

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Immediate Past Chair
$0Pt VII · Sec A
Secretary / Risk & Compliance Committee Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Toby House V INC executive salaries →

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Governance & Policies

Part VI
  • 13Voting board membersPt VI · Ln 1a
  • 13Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2Yes

Mission and programs

What it does.

Offers homes for adults with mental health challenges in Phoenix.

Provided by the organization

This section is blank until Toby House V INC claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $148K of program spending, described in the organization's own filed words · FY2024.
01

The organization provides housing facilities and services for very-low income disabled individuals. The project is comprised of sixteen aparmtent units located in phoenix, arizona.

$148Kprogram expense

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Funders

Who pays for it.

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

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 $574K$201K+324% 990 PDF
FY2023 $136K$279K+2% 990 PDF
FY2022 $133K$150K-0.2% 990 PDF
FY2021 $133K$140K+5% 990 PDF
FY2020 $127K$124K 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) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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