Shepherds Cottage EIN 91-2142486 Form 990 (PDF) Claim this org

Shepherds Cottage FY2023 filing

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Provides direct housing and food aid to needy families for short-term rent, food, and housing needs. For fiscal year 2023 it reported $317K in revenue, $279K in expenses, and $47K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Deer Park, WA
Filings
5 on file (2020–2023)
Revenue
$317KFY2023
Expenses
$279K
Net assets
$47K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  91-2142486 Public charity (501(c)(3)) Deer Park, WA
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Provides direct housing and food aid to needy families for short-term rent, food, and housing needs.
Leadership
Steve Ghering · President
Money in and out
$317K revenue, $279K expenses
Bottom line
100% program efficiency
Where the money goes · FY2023
Total revenue
$317K
Pt VIII · Ln 12
Total expenses
$279K
Pt IX · Ln 25
Net assets
$47K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $38K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
2.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+12%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$317K
FY2023▲ ×24
Total revenue
$317K
Pt VIII · Ln 12
Total expenses
$279K
Pt IX · Ln 25
Net assets
$47K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$38K
Total assetsPt X · Ln 16$47K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CShepherds Cottage
EINHdr · item D91-2142486
Principal addressHdr · item CDeer Park, WA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B99)
Ruling yearIRS BMFMar 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

2 program services account for $279K of program spending, described in the organization's own filed words · FY2023.
01

Gifts & grants to other orgainizations

$270Kprogram expense
02

To provide housing and food for needy familes

$9Kprogram expense

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Statement of Revenue

Part VIII
Investment income$312K · 98%
Contributions & grants$5K · 2%
Investment income98%$312K
Contributions & grants2%$5K
Total revenueLn 12$317K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$279K
Total functional expensesLn 25$279K

Balance Sheet

Part X · end of year
CashLn 1$47K
Total assetsLn 16$47K
Total liabilitiesLn 26$0
Total net assetsLn 32$47K
Months of cash on handcomputed2.0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $47K · Operating expenses/yr $279K
2.0 months
Where the money goes
Program services
Program services $279K · Total expenses $279K
100%
Management & General
Management & general $0 · Total expenses $279K
0%
Fundraising
Fundraising $0 · Total expenses $279K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $5K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $5K · Total revenue $317K
2%
Government reliance
Government grants — · Total revenue $317K
Earned-income share
Program service revenue $0 · Total revenue $317K
0%
Investment reliance
Investment income $312K · Total revenue $317K
+98%
Program self-sufficiency
Program service revenue $0 · Total expenses $279K
0%
Growth & trend
Revenue growth (YoY)
This year $317K · Prior year $13K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $47K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $317K · Expenses $279K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $47K
Net-asset ratio
Net assets $47K · Total assets $47K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $47K
0%
People & payroll
Highest Reported Total Compensation
Individual Steve Ghering · Reported title President · Highest reported compensation $0 · Total expenses $279K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $279K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth ×24
Investment management fee ratio 0%
Legal fee ratio 0.1%
Accounting fee ratio 0.07%
Fundraising fee ratio 0%

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 · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$27
Grants paid · 6 grants · $270K · 2023–2023
Eyes That See INCKY · FY2023$70,000
Life Services of SpokaneWA · FY2023$30,000
PioneersFL · FY2023$20,000
Lilac Services for the BlindWA · FY2023$20,000

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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)— revenue · ⤓ 990 PDF
FY2023$317K revenue · viewing · ⤓ 990 PDF
FY2022$13K revenue · ⤓ 990 PDF
FY2021$14K revenue · ⤓ 990 PDF
FY2020$11K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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