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THE HOME PARTNERSHIP FOUNDATION INC

Stabalizing Households throughout Idaho

aka Home Partnership Foundation   |   Boise, ID   |  www.homepartnershipfoundation.org
GuideStar Charity Check

THE HOME PARTNERSHIP FOUNDATION INC

EIN: 75-3162969


Mission

To help people build a strong foundation for their lives through stable, safe, and affordable housing.

Ruling year info

2005

Principal Officer

Gerald M. Hunter

Main address

PO Box 7899

Boise, ID 83707 USA

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Formerly known as

Idaho Housing Foundation Inc

EIN

75-3162969

Subject area info

Housing development

Shelter and residential care

Housing services

Homeless services

Population served info

Age groups

Social and economic status

NTEE code info

Other Housing Support Services (L80)

Homeless Services/Centers (P85)

Fund Raising and/or Fund Distribution (L12)

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

Communication

Blog

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?

Avenues for Hope Housing Challenge

The Avenues for Hope Housing Challenge is an annual online fundraiser that supports 90 nonprofits and schools that provide housing and supportive services to Idahoans in need.

Population(s) Served
Age groups
Ethnic and racial groups
Social and economic status

This program helps Idaho families avoid eviction to sustain their current housing, reducing the reliance on emergency shelters and other costly social services. ·        Program funds directly assist individuals and families facing eviction due to temporary economic, employment, or health crisis. ·        Financial counseling and budgeting skills are provided to clients along with the grant funding designed to stabilize households.

Population(s) Served

Where we work

Financials

THE HOME PARTNERSHIP FOUNDATION INC
Fiscal year: Jul 01 - Jun 30
Financial documents
2022 Home Partnership Foundation 2020 Home Partnership Foundation
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 2023 info

SOURCE: IRS Form 990

63.27

Average of 78.20 over 10 years

Months of cash in 2023 info

SOURCE: IRS Form 990

15.7

Average of 15.1 over 10 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

21%

Average of 21% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

THE HOME PARTNERSHIP FOUNDATION INC

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

THE HOME PARTNERSHIP FOUNDATION INC

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

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

THE HOME PARTNERSHIP FOUNDATION INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of THE HOME PARTNERSHIP FOUNDATION INC’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 2018 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation -$2,624,440 $144,375 $83,000 $23,000 $38,000
As % of expenses -180.1% 7.4% 3.3% 1.4% 2.2%
Unrestricted surplus (deficit) after depreciation -$2,624,440 $144,375 $83,000 $23,000 $38,000
As % of expenses -180.1% 7.4% 3.3% 1.4% 2.2%
Revenue composition info
Total revenue (unrestricted & restricted) $1,386,132 $1,807,701 $2,420,228 $4,064,238 $3,021,557
Total revenue, % change over prior year 3.4% 0.0% 33.9% 67.9% -25.7%
Program services revenue 0.0% 3.3% 1.0% 0.9% 0.4%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.6% 0.1% 0.1% 0.0% 0.6%
Government grants 0.0% 0.0% 0.0% 8.5% 19.8%
All other grants and contributions 99.4% 96.6% 98.8% 90.6% 79.2%
Other revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $1,457,178 $1,942,124 $2,538,214 $1,632,241 $1,711,372
Total expenses, % change over prior year 44.0% 0.0% 30.7% -35.7% 4.8%
Personnel 8.9% 7.4% 3.9% 7.7% 7.8%
Professional fees 1.0% 17.8% 4.6% 7.4% 10.1%
Occupancy 0.1% 0.6% 0.4% 0.3% 0.0%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 86.6% 72.4% 90.5% 81.0% 79.5%
All other expenses 3.5% 1.7% 0.6% 3.6% 2.6%
Full cost components (estimated) info 2018 2020 2021 2022 2023
Total expenses (after depreciation) $1,457,178 $1,942,124 $2,538,214 $1,632,241 $1,711,372
One month of savings $121,432 $161,844 $211,518 $136,020 $142,614
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $1,578,610 $2,103,968 $2,749,732 $1,768,261 $1,853,986

Capital structure indicators

Liquidity info 2018 2020 2021 2022 2023
Months of cash 17.6 8.9 2.2 12.4 15.7
Months of cash and investments 21.7 12.1 4.7 16.2 19.6
Months of estimated liquid unrestricted net assets 1.5 1.1 1.2 2.0 2.2
Balance sheet composition info 2018 2020 2021 2022 2023
Cash $2,131,592 $1,438,406 $468,501 $1,685,043 $2,239,692
Investments $504,630 $519,339 $523,520 $518,054 $550,972
Receivables $117,442 $1,512 $0 $0 $0
Gross land, buildings, equipment (LBE) $0 $0 $0 $0 $0
Accumulated depreciation (as a % of LBE) 0.0% 0.0% 0.0% 0.0% 0.0%
Liabilities (as a % of assets) 0.6% 6.5% 8.3% 6.2% 1.6%
Unrestricted net assets $184,741 $172,000 $255,000 $278,000 $316,000
Temporarily restricted net assets $2,553,000 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $2,553,000 $1,701,937 $1,250,261 $1,789,294 $2,431,018
Total net assets $2,737,741 $1,873,937 $1,505,261 $2,067,294 $2,747,018

Key data checks

Key data checks info 2018 2020 2021 2022 2023
Material data errors No No No No No

Operations

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

Documents
Form 1023/1024 is not available for this organization

Principal Officer

Gerald M. Hunter

Number of employees

Source: IRS Form 990

THE HOME PARTNERSHIP FOUNDATION INC

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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THE HOME PARTNERSHIP FOUNDATION INC

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
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THE HOME PARTNERSHIP FOUNDATION INC

Board of directors
as of 03/11/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Steven Keen

Retired-Idaho Power Company

Tracy Silver

Gerald Hunter

IHFA

Steven R. Keen

Retired, Idaho Power and IDACORP

Mark Dunham

Risch-Pisca

Nancy Vannorsdel

Scot Ludwig

Ludwig Shoufler Miller Johnson, LLP

Jeffrey Nesset

D.A. Davidson & Co.

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