Family Homestead
- Assets
- $3.8m
- Revenue
- $892.1k
- Investments
- $0.0
- Employees
- 5
- Location
- Denver, CO
- Founding
- 12/1976
- Data as of
- 12/2020
- EIN
- 84-0769860
Organization Overview
Family Homestead is located in Denver, CO. The organization was established in 1976. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 12/2020, Family Homestead employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Family Homestead 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 12/2020, Family Homestead generated $892.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $798.1k during the year ending 12/2020. While expenses have increased by 1.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
HOUSING AND CASE MANAGEMENT SUPPORT FOR HOMELESS FAMILIES WITH CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMERGENCY AND TRANSITIONAL HOUSING PROGRAM FOR HOMELESS FAMILIES WITH CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslie Jones Executive Dir. | Officer | 40 | $41,103 |
William Sharrer President | OfficerTrustee | 4 | $0 |
Jason Buerger Treasurer | OfficerTrustee | 4 | $0 |
Leah Hangerman Secretary | OfficerTrustee | 4 | $0 |
Jeff Jay Vice President | OfficerTrustee | 4 | $0 |
Dick Fullerton Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $207,738 |
| All other contributions, gifts, grants, and similar amounts not included above | $491,560 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $699,298 |
| Total Program Service Revenue | $181,485 |
| Investment income | $2,127 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,022 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $892,089 |
| 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. | $41,103 |
| Compensation of current officers, directors, key employees. | $16,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $294,322 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,579 |
| Payroll taxes | $23,534 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $110 |
| Fees for services: Accounting | $15,220 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,131 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,710 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,500 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $68,823 |
| Insurance | $38,332 |
| All other expenses | $38,062 |
| Total functional expenses | $798,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $568,429 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $176,891 |
| 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 | $78,884 |
| Net Land, buildings, and equipment | $2,863,344 |
| Investments—publicly traded securities | $120,089 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,807,637 |
| Accounts payable and accrued expenses | $95,327 |
| Grants payable | $0 |
| 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 | $125,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,000 |
| Total liabilities | $227,327 |
| Net assets without donor restrictions | $3,580,310 |
| Net assets with donor restrictions | $0 |
| 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 | $3,807,637 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Family Homestead has recieved totaling $33,285.
| Awarding Organization | Amount |
|---|---|
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $22,213 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $7,975 |
The George L Shields Foundation Inc Bethesda, MD PURPOSE: FOR PROGRAM SERVICES | $3,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $97 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Umom New Day Centers Inc Phoenix, AZ | $33,794,449 | $21,978,699 |
Peoples City Mission Lincoln, NE | $5,491,222 | $20,288,173 |
Central Arizona Shelter Services Inc Phoenix, AZ | $14,727,580 | $22,356,024 |
Siena Francis House Omaha, NE | $39,171,081 | $11,436,014 |
Colorado Coalition For The Homeless Denver, CO | $65,660,394 | $9,142,101 |
Urban Peak Denver Denver, CO | $9,375,993 | $9,048,471 |
Heading Home Albuquerque, NM | $3,839,726 | $7,660,261 |
Tulsa Day Center Inc Tulsa, OK | $24,852,290 | $5,725,304 |
Flagstaff Shelter Services Inc Flagstaff, AZ | $1,701,488 | $5,114,461 |
Topeka Rescue Mission Inc Topeka, KS | $13,381,536 | $7,078,766 |
Homeless Alliance Oklahoma City, OK | $7,046,027 | $5,204,713 |
The Gathering Place A Refuge For Rebuilding Lives Denver, CO | $8,829,879 | $4,629,535 |