Blanket Coverage EIN 93-1069589 Form 990 (PDF) Claim this org

Blanket Coverage FY2024 filing

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Helps homeless individuals with mental, elderly, or physical challenges live successfully on and off the streets. For fiscal year 2024 it reported $265K in revenue, $267K in expenses, and $68K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Stevenson, WA
Website
blanketcoverageministry.org
Filings
6 on file (2020–2024)
Revenue
$265KFY2024
Expenses
$267K
Net assets
$68K
People
8
Filings
6
Updates
0
More identity details & actions ⌄
EIN  93-1069589 Public charity (501(c)(3)) Stevenson, WA
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Helps homeless individuals with mental, elderly, or physical challenges live successfully on and off the streets.
Leadership
Daniel Griffith · Director · $68K
Money in and out
$265K revenue, $267K expenses
Bottom line
83% program efficiency
Where the money goes · FY2024
Total revenue
$265K
Pt VIII · Ln 12
Total expenses
$267K
Pt IX · Ln 25
Net assets
$68K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$2K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.15 Fundraising $0.01
Program efficiency
83%
of spending reaches programs
Operating runway
2.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
-0.9%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$265K
FY2024▲ +1%
Expenses
$267K
FY2024▼ -8%
Total assets
$68K
FY2024▼ -3%
Total liabilities
$0
FY2024
Total revenue
$265K
Pt VIII · Ln 12
Total expenses
$267K
Pt IX · Ln 25
Net assets
$68K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$2K
Total assetsPt X · Ln 16$68K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBlanket Coverage
EINHdr · item D93-1069589
Principal addressHdr · item CStevenson, WA
WebsiteHdr · item Jblanketcoverageministry.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFMay 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b5
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$67,944Pt VII · Sec A
Operations M
$53,000Pt VII · Sec A
Assistant Di
$35,016Pt VII · Sec A
Lead Volunte
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Volunteer Co
$0Pt VII · Sec A

Daniel Griffith’s $68K as Director is at the 59th percentile of top reported officer pay among 2165 $100K–1M human services 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 · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Daniel Griffith$67,944$67,944$67,944$41,297$49,229$28,343
John Griffith$56,504$53,000$42,668$37,000$38,000$37,000
Lynn Griffith$35,016$35,016$35,016$15,260$37,215$20,000
Hannah Griffith$8,000

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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Mission & Programs · Part III

Where the work happens

1 program service account for $223K of program spending, described in the organization's own filed words · FY2024.
01

Food service to low income and homeless individuals throughout the old town district of portland. 175 meals served three times each week in addition to 50 meals to the homeless living further out in the warehouse district. Life sustaining services for those living on the streets.

$223Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$264K
Investment income$731
Total revenueLn 12$265K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.15 Fundraising $0.01
Program services83%$223K
Management & general15%$41K
Fundraising1%$3K
Total functional expensesLn 25$267K

Balance Sheet

Part X · end of year
CashLn 1$60K
Total assetsLn 16$68K
Total liabilitiesLn 26$0
Total net assetsLn 32$68K
Months of cash on handcomputed2.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $60K · Operating expenses/yr $267K
2.7 months
Where the money goes
Program services
Program services $223K · Total expenses $267K
83%
Management & General
Management & general $41K · Total expenses $267K
15%
Fundraising
Fundraising $3K · Total expenses $267K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $5K · Solicited contributions (3-yr avg) $277K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $264K · Total revenue $265K
100%
Government reliance
Government grants — · Total revenue $265K
Earned-income share
Program service revenue $0 · Total revenue $265K
0%
Investment reliance
Investment income $731 · Total revenue $265K
+0.3%
Program self-sufficiency
Program service revenue $0 · Total expenses $267K
0%
Growth & trend
Revenue growth (YoY)
This year $265K · Prior year $262K
+1%
Revenue CAGR
FY2020 $241K · FY2024 $265K
+2%
Net-asset trend (YoY)
End of year $68K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $265K · Expenses $267K
-0.9%
Liabilities-to-Assets
Total liabilities — · Total assets $68K
Net-asset ratio
Net assets $68K · Total assets $68K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $68K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Daniel Griffith · Reported title DIRECTOR · Highest reported compensation $68K · Total expenses $267K
25%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $181K · Total expenses $267K
68%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 15%
Fundraising cost ratio 1%
Revenue growth 1%
Accounting fee ratio 2%

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 · FY2024
Total grants receivedfrom 2 funders$27K

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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
FY2025 (Latest)$267K revenue · ⤓ 990 PDF
FY2024$265K revenue · viewing · ⤓ 990 PDF
FY2023$262K revenue · ⤓ 990 PDF
FY2022$304K revenue · ⤓ 990 PDF
FY2021$279K revenue · ⤓ 990 PDF
FY2020$241K revenue · ⤓ 990 PDF

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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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