Nonprofit screen
Screen a listLouisville Housing Opportunity and Micro Enterprise Community
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(2)
$1.3Mrevenue
FY2024 · +1% in 3 yrs12staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−14.5%
Months of reserve13.2mo
Revenue growth (annualized)+50.9%
Middle half of peersMedianLouisville Housing Opportunity and Micro Enterprise
Where the money goes FY2024 · $1.5M spent
Programs$853k58%Management and general$513k35%Fundraising$115k8%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$509k in FY2023 and −$188k in FY2024. Cash covers 13.2 months, above the peer median of 4.4.
990 Part I and balance sheetIn its favor3
Strong governance
6 of 6 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements.
990 Part VIGrowing faster than peers
Revenue up 51% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 6 of its 6 returns, 65% of revenue in FY2024.
990 Part VIII21funders
$388ka year, last 3 years
40%from its largest funder
Funder’18’19’20’21’22’23James Graham Brown Foundation IncStopped after FY2021$1.4M$13k–The Brooke Brown Barzun Philanthropic Foundation IncOn and off$250k$250kThe Gheens Foundation IncOn and off$75k$75k$125kThe Housing Partnership IncOn and off$100kFirst Financial FoundationOn and off$20k$5k$60kOpportunity Finance NetworkOn and off$50kDonor-advised giftsDonors not disclosed$20k$198k$88k$361k$33k7 other fundersUp to $50k a year each$3k$85k$52k$8k
FundedThrough a donor-advised fundStopped