Envision Communities INC

Ham Lake, MN · Public charity (501(c)(3)) · Housing

✓ Tax-deductible
Revenue
$405K
-7% vs prior year
Spent
$201K
To programs
69%
Net assets
$917K
By yearFY2022–FY2024
Revenue
$405K
FY2024▼ -7%
Revenue by fiscal year
FY2022$103K
FY2023$435K
FY2024$405K
Expenses
$201K
FY2024▲ +28%
Expenses by fiscal year
FY2022Not on file
FY2023$158K
FY2024$201K
Net assets
$917K
FY2024▲ +29%
Net assets by fiscal year
FY2022$437K
FY2023$714K
FY2024$917K

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 CEnvision Communities INC
EINHdr · item D88-3604915
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFAug 2022
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CHam Lake, MN
NTEE classificationIRS BMFHousing (L21)
WebsiteHdr · item Jenvisioncommunitymn.org

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 $0.69 Management & general $0.14 Fundraising $0.18
Program services69%$138K
Management & general14%$28K
Fundraising18%$35K
Total functional expensesLn 25$201K

Financial health

Is it on solid ground?

Program efficiency
69%
of spending reaches programs▲ +36% vs prior filing year
Operating runway
31.3mo
months of highly liquid reserves at operating expense rate▲ +210% vs prior filing year
Surplus margin
+50%
revenue over expenses, this year▼ -21% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$933K
FY2024▲ +21%
Total assets by fiscal year
FY2022Not on file
FY2023$769K
FY2024$933K
Total liabilities
$15K
FY2024▼ -72%
Total liabilities by fiscal year
FY2022Not on file
FY2023$55K
FY2024$15K
Revenue less expensesPt I · Ln 19$204K
Total assetsPt X · Ln 16$933K
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46

Balance Sheet

Part X · end of year
CashLn 1$525K
Total assetsLn 16$933K
Total liabilitiesLn 26$15K
Total net assetsLn 32$917K
Months of cash on handcomputed31.3

Statement of Revenue

Part VIII
Contributions & grants100%$404K
Other revenue$743
— government grantsLn 1e$65K
Total revenueLn 12$405K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $525K · Operating expenses/yr $201K
31.3 months
Where the money goes
Program services
Program services $138K · Total expenses $201K
69%
Management & General
Management & general $28K · Total expenses $201K
14%
Fundraising
Fundraising $35K · Total expenses $201K
18%
Cost to raise $1
Fundraising expense (2-yr avg) $31K · Solicited contributions (2-yr avg) $387K
$0.08 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $404K · Total revenue $405K
100%
Government reliance
Government grants $65K · Total revenue $405K
16%
Earned-income share
Program service revenue $0 · Total revenue $405K
0%
Investment reliance
Investment income $0 · Total revenue $405K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $201K
0%
Growth & trend
Revenue growth (YoY)
This year $405K · Prior year $435K
-7%
Net-asset trend (YoY)
End of year $917K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $405K · Expenses $201K
+50%
Liabilities-to-Assets
Total liabilities — · Total assets $933K
—
Net-asset ratio
Net assets $917K · Total assets $933K
98%
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 Frederick Toran · Reported title CHAIR · Highest reported compensation $14K · Total expenses $201K
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $26K · Total expenses $201K
13%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 69%——
Overhead ratio 14%——
Fundraising cost ratio 9%——
Revenue growth -7%——
Legal fee ratio 3%——
Accounting fee ratio 9%——
Fundraising fee ratio 18%——

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
$14,107Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Frederick Toran’s $14K as Chair is at the 10th percentile of top reported officer pay among 852 $100K–1M 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022
Frederick Toran$14,107$12,681$923
Sherry Shannon——$590

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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Governance & Policies

Part VI
  • 7Voting board membersPt VI · Ln 1a
  • 6Independent 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 2No

Mission and programs

What it does.

Empowering residents with lived experience of homelessness to address housing instability.

Provided by the organization

This section is blank until Envision Communities INC claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $138K of program spending, described in the organization's own filed words · FY2024.
01

In 2024, envision communities empowered and engaged individuals with lived experience of homelessness by involving them as designers, problem solvers, and decision-makers to inform the policies, procedures, and supports that will be in place for the intentional housing community scheduled to be built in 2025.

$138Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$100K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $405K$201K-7% 990 PDF
FY2023 $435K$158K+321% 990 PDF
FY2022 $103K— 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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