Treasure House
- Assets
- $10.9m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 38
- Location
- Glendale, AZ
- Founding
- 08/2013
- Data as of
- 12/2022
- EIN
- 80-0836112
Organization Overview
Treasure House is located in Glendale, AZ. The organization was established in 2013. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Treasure House employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Treasure House is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Treasure House generated $4.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $3.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A PLACE WHERE YOUNG ADULTS WITH COGNITIVE AND DEVELOPMENTAL DISABILTIES CAN PARTICIPATE IN THEIR COMMUNITY, ACHIEVE INDEPENDENCE AND REALIZE THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, TREASURE HOUSE CELEBRATED FOUR YEARS OF OPERATION. WE RAN AT FULL CAPACITY FOR THE ENTIRETY OF THE YEAR WITH AN ACCUMULATED WAIT LIST WHICH IMMEDIATELY FILLED APARTMENTS WHEN THE TWO RESIDENTS TRANSITIONED OUT OF TREASURE HOUSE TO COMPLETE INDEPENDENCE. 75% OF OUR RESIDENTS WERE EMPLOYED WITH TWO RESIDENTS HOLDING TWO PART-TIME JOBS. THREE RESIDENTS CONTINUED TO PURSUE JUNIOR COLLEGE OR AN ACCREDITED PROGRAM FOR SPECIAL NEEDS STUDENTS AT GRAND CANYON UNIVERSITY. OUR PROGRAM CONTINUES TO INCREASE IN SOPHISTICATION AS OUR RESIDENTS ARE GROWING IN MATURITY AND INDEPENDENCE. OUR LIFE COACH STAFF FOCUSES INTENSELY ON EACH RESIDENT TO ASSIST WITH IMPROVED LIFE SKILLS, BUDGET MANAGEMENT, GROCERY SHOPPING, MAKING MEDICAL/DENTAL APPOINTMENTS, MANAGING HEALTHY FRIENDSHIPS, COMMUNITY INTEGRATION OUTINGS AND BEYOND. TREASURE HOUSE PROVIDES TRANSPORTATION FOR ALL RESIDENT ACTIVITIES UTILIZING FIVE TREASURE HOUSE OWNED VEHICLES WITH AN AVERAGE OF 30-35 TRIPS PER DAY, SEVEN DAYS PER WEEK. OUR COMMUNITY ASSISTANTS CONTINUE TO PROVIDE 24-HOUR IN-HOUSE COVERAGE TO SUPPORT THE DAILY ACTIVITIES AND GOALS FOR OUR RESIDENTS SUCH AS MEALS, LAUNDRY, RELATIONSHIP BUILDING WITH PEERS, TRANSPORTATION AND MUCH MORE. CALENDAR YEAR 2022 WAS OUR FIRST FULL YEAR OF RAISING FUNDS FOR OUR GROWING HOME CAPITAL CAMPAIGN IN ADDITION TO FUNDRAISING TO OPERATIONAL SUPPORT. THE GOAL FOR OUR CAPITAL CAMPAIGN IS TO RAISE $10,000,000 OVER A 3-YEAR PERIOD ENDING IN 2025. THE NEED FOR THE SERVICES THAT TREASURE HOUSE PROVIDES ACROSS THE COUNTRY CONTINUES TO GROW AS REPLICATION IN OTHER COMMUNITIES IS PART OF OUR VISION FOR THE FUTURE. TREASURE HOUSE HAS BECOME A NATIONAL RESOURCE FOR FAMILIES WHO ARE SEARCHING A SAFE, EMPOWERING PROGRAM FOR ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Stebbings Chair | OfficerTrustee | 1 | $0 |
Jeff Thompson Vice Chair | OfficerTrustee | 1 | $0 |
Justin Steltenpohl Secretary | OfficerTrustee | 1 | $0 |
Allison Dozbaba Treasurer | OfficerTrustee | 1 | $0 |
Brenda Warner President | OfficerTrustee | 1 | $0 |
Kurt Warner Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $659,824 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,074,334 |
| Noncash contributions included in lines 1a–1f | $13,226 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,734,158 |
| Total Program Service Revenue | $1,152,070 |
| Investment income | $3,122 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$303,695 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,585,655 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $234,999 |
| Compensation of current officers, directors, key employees. | $58,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,085,643 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $292,077 |
| Payroll taxes | $107,656 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $81 |
| Fees for services: Accounting | $32,192 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $282,161 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $86,165 |
| Office expenses | $17,853 |
| Information technology | $9,750 |
| Royalties | $0 |
| Occupancy | $187,340 |
| Travel | $7,994 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,942 |
| Interest | $311,024 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $350,372 |
| Insurance | $29,795 |
| All other expenses | $23,574 |
| Total functional expenses | $3,564,790 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $218,643 |
| Savings and temporary cash investments | $15,438 |
| Pledges and grants receivable | $2,238,450 |
| Accounts receivable, net | $3,202 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $95,352 |
| Net Land, buildings, and equipment | $8,352,070 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,923,155 |
| Accounts payable and accrued expenses | $267,586 |
| Grants payable | $0 |
| Deferred revenue | $106,976 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $7,562,811 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $108,675 |
| Total liabilities | $8,046,048 |
| Net assets without donor restrictions | $813,764 |
| Net assets with donor restrictions | $2,063,343 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,923,155 |