Destination Home Sv
- Assets
- $76.6m
- Revenue
- $29.2m
- Investments
- $0.0
- Employees
- 18
- Location
- Mountain View, CA
- Founding
- 07/2018
- Data as of
- 12/2022
- EIN
- 82-3353174
Organization Overview
Destination Home Sv is located in Mountain View, CA. The organization was established in 2018. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Destination Home Sv employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Destination Home Sv is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Destination Home Sv has awarded 170 individual grants totaling $92,410,492. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DESTINATION: HOME'S MISSION IS TO MAKE HOMELESSNESS RARE, BRIEF, AND NON-RECURRING IN SANTA CLARA COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HUMAN SERVICES: PROGRAMS AND SERVICES THAT PROVIDE DIRECT BENEFITS TO CLIENTS WHO ARE HOMELESS OR AT-RISK OF HOMELESSNESS.
OTHER PROGRAM SERVICES
HOUSING AND TRANSPORTATION: ACTIVITIES THAT INCREASE THE PRODUCTION AND SUPPLY OF DEEPLY AFFORDABLE AND SUPPORTIVE HOUSING.
WORKFORCE DEVELOPMENT: SERVICES THAT SUPPORT THE DEVELOPMENT OF LIVING-WAGE EMPLOYMENT OPPORTUNITIES FOR HOMELESS AND FORMERLY HOMELESS INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director/chair Of Board | OfficerTrustee | 0.5 | $0 |
Name Not Listed Director/secretary | OfficerTrustee | 0.5 | $0 |
Name Not Listed President/chief Executive Officer | OfficerTrustee | 40 | $392,463 |
Name Not Listed Director/treasurer | OfficerTrustee | 0.5 | $0 |
Name Not Listed Director/treasurer (until 9/15/2022) | OfficerTrustee | 0.5 | $0 |
Name Not Listed Director (thru 4/2022)/dir., Lived Experience And Innovation | Trustee | 0.5 | $77,278 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $463,933 |
| Government grants | $15,830,281 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,060,248 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,354,462 |
| Total Program Service Revenue | $102,065 |
| Investment income | $766,935 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,223,462 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $19,781,981 |
| 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. | $1,094,813 |
| Compensation of current officers, directors, key employees. | $218,963 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,129,293 |
| Pension plan accruals and contributions | $43,089 |
| Other employee benefits | $136,990 |
| Payroll taxes | $123,812 |
| Fees for services: Management | $189,734 |
| Fees for services: Legal | $16,895 |
| Fees for services: Accounting | $5,708 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $369,364 |
| Advertising and promotion | $26,862 |
| Office expenses | $20,581 |
| Information technology | $77,023 |
| Royalties | $0 |
| Occupancy | $179,246 |
| Travel | $33,372 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $72,333 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,676 |
| All other expenses | $0 |
| Total functional expenses | $24,225,745 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,845 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,725,474 |
| Accounts receivable, net | $695,183 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $48,530,017 |
| Investments—other securities | $0 |
| Investments—program-related | $20,577,542 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $76,569,061 |
| Accounts payable and accrued expenses | $370,247 |
| Grants payable | $318,000 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $688,247 |
| Net assets without donor restrictions | $69,169,113 |
| Net assets with donor restrictions | $6,711,701 |
| 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 | $76,569,061 |
Grants Awarded
Over the last fiscal year, Destination Home Sv has awarded $20,036,485 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
ASIAN AMERICANS FOR COMMUNITY INVOLVEMENT OF SANTA CLARA COUNTY PURPOSE: Human Services | $10,000 |
AFRICAN AMERICAN CULTURAL CENTER PURPOSE: Housing and Transportation | $150,000 |
AMERICAN LEADERSHIP FORUM PURPOSE: Community Development | $15,000 |
CARRY THE VISION PURPOSE: Human Services | $357,948 |
AMIGOS DE GUADALUPE CENTER FOR JUSTICE AND EMPOWERMENT PURPOSE: Human Services | $525,000 |
ASIAN AMERICAN COMMUNITY CENTER OF SANTA CLARA COUNTY PURPOSE: Human Services | $100,000 |