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Treasure House

Glendale, AZ   |  https://www.treasurehouse.org
GuideStar Charity Check

Treasure House

EIN: 80-0836112


Mission

Providing a supportive living environment where young adults with intellectual and developmental disabilities can participate in their community, achieve independence, and realize their full potential.

Ruling year info

2013

Principal Officer

Laureen K Tanner RN, MSN, FACHE

Main address

7815 W Aspera Blvd

Glendale, AZ 85308 USA

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EIN

80-0836112

Subject area info

Shelter and residential care

Population served info

Young adults

NTEE code info

Other Housing, Shelter N.E.C. (L99)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Affiliations

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Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Enhancing Our Residents' Quality of Life

Our approach is to center on the individual, not a program or process that isn’t tailored to a young adult’s specific goals. We focus on our residents’ strengths, talents and abilities to identify the best ways to support their growth and achieve their potential. We work to achieve a balance between providing a supportive environment and reducing the amount of restrictions that could contain their growth and development.

Population(s) Served

Where we work

Financials

Treasure House
Fiscal year: Jan 01 - Dec 31
Financial documents
2021 Years Ended December 31, 2020 and 2019
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2020 info

SOURCE: IRS Form 990

0.04

Average of 24.71 over 9 years

Months of cash in 2020 info

SOURCE: IRS Form 990

1.5

Average of 18.2 over 9 years

Fringe rate in 2020 info

SOURCE: IRS Form 990

22%

Average of 9% over 9 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

Source: IRS Form 990 info

Treasure House

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

Fiscal year ending: cloud_download Download Data

Treasure House

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Treasure House

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990

This snapshot of Treasure House’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2016 2017 2018 2019 2020
Unrestricted surplus (deficit) before depreciation $640,658 $4,422,905 -$2,311,956 -$570,781 -$372,328
As % of expenses 447.0% 1661.7% -225.5% -32.2% -17.9%
Unrestricted surplus (deficit) after depreciation $640,658 $4,422,905 -$2,542,431 -$897,812 -$713,685
As % of expenses 447.0% 1661.7% -202.4% -42.8% -29.5%
Revenue composition info
Total revenue (unrestricted & restricted) $783,985 $4,325,967 $684,044 $1,173,647 $1,446,339
Total revenue, % change over prior year -11.8% 451.8% -84.2% 71.6% 23.2%
Program services revenue 0.0% 0.0% 8.4% 39.6% 59.6%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.1% 0.0% 0.0%
Government grants 0.0% 0.0% 0.0% 0.0% 13.7%
All other grants and contributions 100.0% 100.0% 90.3% 60.2% 26.7%
Other revenue 0.0% 0.0% 1.2% 0.1% 0.0%
Expense composition info
Total expenses before depreciation $143,327 $266,167 $1,025,467 $1,771,536 $2,080,714
Total expenses, % change over prior year -31.9% 85.7% 285.3% 72.8% 17.5%
Personnel 44.4% 68.3% 29.7% 47.4% 58.6%
Professional fees 50.6% 6.2% 13.5% 9.8% 6.6%
Occupancy 0.0% 9.8% 11.7% 9.6% 8.0%
Interest 0.0% 6.0% 28.5% 18.9% 12.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 4.9% 9.6% 16.7% 14.3% 14.8%
Full cost components (estimated) info 2016 2017 2018 2019 2020
Total expenses (after depreciation) $143,327 $266,167 $1,255,942 $2,098,567 $2,422,071
One month of savings $11,944 $22,181 $85,456 $147,628 $173,393
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $293,082 $9,469,972 $0 $0 $0
Total full costs (estimated) $448,353 $9,758,320 $1,341,398 $2,246,195 $2,595,464

Capital structure indicators

Liquidity info 2016 2017 2018 2019 2020
Months of cash 69.7 24.4 3.2 1.2 1.5
Months of cash and investments 69.7 24.4 3.2 1.2 1.5
Months of estimated liquid unrestricted net assets 78.3 -185.4 2.4 0.2 -0.1
Balance sheet composition info 2016 2017 2018 2019 2020
Cash $833,059 $540,110 $274,994 $178,998 $263,027
Investments $0 $0 $0 $0 $0
Receivables $116,666 $799,005 $627,536 $568,056 $241,015
Gross land, buildings, equipment (LBE) $510,467 $9,980,439 $9,663,290 $9,779,510 $9,751,841
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 2.4% 5.7% 9.2%
Liabilities (as a % of assets) 1.0% 45.9% 61.9% 69.9% 78.2%
Unrestricted net assets $1,445,404 $5,868,309 $3,325,878 $2,428,066 $1,714,381
Temporarily restricted net assets $0 $252,333 $627,620 N/A N/A
Permanently restricted net assets $0 $0 $0 N/A N/A
Total restricted net assets $0 $252,333 $627,620 $600,512 $338,465
Total net assets $1,445,404 $6,120,642 $3,953,498 $3,028,578 $2,052,846

Key data checks

Key data checks info 2016 2017 2018 2019 2020
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Principal Officer

Laureen K Tanner RN, MSN, FACHE

Number of employees

Source: IRS Form 990

Treasure House

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Treasure House

Board of directors
as of 01/17/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Kurt and Brenda Warner

Organizational demographics

SOURCE: Self-reported; last updated 1/17/2023

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

 

No data

Sexual orientation

No data

Disability

No data

There are no contractors recorded for this organization.

Professional fundraisers

Fiscal year ending

SOURCE: IRS Form 990 Schedule G

Solicitation activities
Gross receipts from fundraising
Retained by organization
Paid to fundraiser