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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

Show more contact info

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

See related organizations info

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 2020 info

SOURCE: IRS Form 990

14.94

Average of 94.54 over 10 years

Months of cash in 2020 info

SOURCE: IRS Form 990

8.9

Average of 16.7 over 10 years

Fringe rate in 2020 info

SOURCE: IRS Form 990

20%

Average of 26% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

Source: IRS Form 990 info

THE HOME PARTNERSHIP FOUNDATION INC

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

Fiscal year ending: cloud_download Download Data

THE HOME PARTNERSHIP FOUNDATION INC

Balance sheet

Fiscal Year: Jul 01 - Jun 30

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

THE HOME PARTNERSHIP FOUNDATION INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

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.

Created in partnership with

Business model indicators

Profitability info 2015 2016 2017 2018 2020
Unrestricted surplus (deficit) before depreciation $157,976 $455,161 $324,891 -$2,624,440 $144,375
As % of expenses 20.5% 57.6% 32.1% -180.1% 7.4%
Unrestricted surplus (deficit) after depreciation $157,976 $455,161 $324,891 -$2,624,440 $144,375
As % of expenses 20.5% 57.6% 32.1% -180.1% 7.4%
Revenue composition info
Total revenue (unrestricted & restricted) $928,779 $1,244,704 $1,341,068 $1,386,132 $1,807,701
Total revenue, % change over prior year 3.7% 34.0% 7.7% 3.4% 0.0%
Program services revenue 0.0% 0.0% 1.9% 0.0% 3.3%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.4% 0.3% 0.5% 0.6% 0.1%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 99.5% 99.7% 97.6% 99.4% 96.6%
Other revenue 0.1% 0.0% 0.0% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $770,709 $790,177 $1,012,006 $1,457,178 $1,942,124
Total expenses, % change over prior year -20.0% 2.5% 28.1% 44.0% 0.0%
Personnel 14.9% 13.6% 11.5% 8.9% 7.4%
Professional fees 2.0% 1.0% 0.9% 1.0% 17.8%
Occupancy 0.0% 0.1% 0.1% 0.1% 0.6%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 63.7% 81.7% 83.4% 86.6% 72.4%
All other expenses 19.4% 3.6% 4.1% 3.5% 1.7%
Full cost components (estimated) info 2015 2016 2017 2018 2020
Total expenses (after depreciation) $770,709 $790,177 $1,012,006 $1,457,178 $1,942,124
One month of savings $64,226 $65,848 $84,334 $121,432 $161,844
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $834,935 $856,025 $1,096,340 $1,578,610 $2,103,968

Capital structure indicators

Liquidity info 2015 2016 2017 2018 2020
Months of cash 16.0 30.0 26.4 17.6 8.9
Months of cash and investments 24.1 37.8 32.4 21.7 12.1
Months of estimated liquid unrestricted net assets 31.6 37.7 33.3 1.5 1.1
Balance sheet composition info 2015 2016 2017 2018 2020
Cash $1,028,242 $1,976,415 $2,224,798 $2,131,592 $1,438,406
Investments $519,856 $513,088 $508,136 $504,630 $519,339
Receivables $491,223 $14,366 $90,629 $117,442 $1,512
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) 0.5% 0.8% 0.5% 0.6% 6.5%
Unrestricted net assets $0 $0 $0 $184,741 $172,000
Temporarily restricted net assets $0 $0 $0 $2,553,000 N/A
Permanently restricted net assets $0 $0 $0 $0 N/A
Total restricted net assets $0 $0 $0 $2,553,000 $1,701,937
Total net assets $2,029,129 $2,484,290 $2,809,181 $2,737,741 $1,873,937

Key data checks

Key data checks info 2015 2016 2017 2018 2020
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
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.

THE HOME PARTNERSHIP FOUNDATION INC

Board of directors
as of 03/01/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

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.

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No