Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Make IT Right Foundation
990 • Fiscal year 2010 • EIN 26-0723027
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.86x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Balance Sheet
Assets
$46,241,884
No earlier filing loaded for comparison.
Net Assets
$6,380,398
No earlier filing loaded for comparison.
Liabilities
$39,861,486
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
-
No earlier filing loaded for comparison.
Expenses
$16,374,885
No earlier filing loaded for comparison.
Net Income
-
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2010 to Dec 31, 2010
- Signed
- Oct 26, 2011
- Return Version
- 2010v3.4
- Gross Receipts
- $7,323,387
Mission and Program Overview
Mission
Make it right develops safe, cradle to cradle inspired homes, buildings and communities for people in need. Make it right foundation was founded two years after hurricane katrina to improve the design and performance of affordable housing. Initially focused on the lower-ninth ward area of new orleans, the foundation later amended its bylaws to expand to other communities within the united states and to share its experiences and lessons learned. The renewed purpose of the organization is to engage in charitable and educational efforts associated with the development of affordable, green homes in economically challenged areas and to share best practices associated with the construction and development of such homes. During 2018, make it right continued its efforts in new orleans.
Major Activities
- Activity 2
- Make It Right is beginning to expand its reach beyond New Orleans, LA and into Newark, NJ. In 2010, Make It Right entered into a Memorandum of Understanding with a nationally renowned nonprofit developer to lend its expertise for the development of a 56-unit mixed used multi-family housing project for disabled veterans and low income families. The project is slated to break ground in 2011.
Filing and Contact Details
Filer
- EIN
- 26-0723027
Raw XML AppendixShowing 400 of 925 raw XML fields
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| IRS990/Description | 0 | Make It Right was founded to build innovative and sustainable housing for families whose homes were destroyed in Hurricane Katrina. In pursuit of that mission, we are developing new designs, methods and materials that will improve the performance and environmental effectiveness of affordable housing. We do this by gathering the world's leading experts in design and materials, and we use their expertise in real-life projects so that we can gain large-scale experience. We also disseminate our knowledge and experience with the goal of improving the environmental and energy performance of buildings. In 2010, we accomplished the following: 1) Continued to build safe, adaptive homes in the Lower 9th Ward that meet LEED Platinum requirements. Platinum is the highest possible rating given by the US Green Building Council. To date, Make It Right has built 43 houses and began construction on another 28 homes expected to be completed in 2011. 2) Continued to work with NeighborWorks America, the premier homeownership counseling agency in the US, to provide support, training and program development. We continued to offer individual homeownership counseling services and group workshops open to the community as part of our homeownership program. We provided $2.6 million in gap financing to residents participating in the Make It Right program. 3) Implemented a workforce program that employed 33 individuals who provided construction services including landscaping, HVAC installation and house painting. Our cutting edge work in sustainable design and construction has helped prepare a well-trained local workforce and helped position New Orleans and Louisiana at the center of the green economy. 4) In partnership with the Louisiana Chapter of the USGBC, Make It Right offered a series of green building workshops at Xavier University. The program, "Green Boots on the Ground: Nuts and Bolts answers about green building", was designed to help homebuilders move beyond the concept of green to its practical applications. The five workshops offered first-hand advice and instruction to help local builders affordably go green. Workshops included: Introduction to Green Building; Green Siding, Land Use and Foundations; Durable and Energy Efficient Structures; Green and Healthy Building Materials; Energy Efficiency. We plan to extend this offering beyond New Orleans to other regions. 5) Purchased "Success Measures" tool from NeighborWorks America in 2010. This tool will provide Make It Right with a system for measuring customer satisfaction, neighborhood stability, and community outcomes. Customization is being finalized now and implementation will begin as part of the Strategic Planning/Execution process in early 2012. 6) Make It Right is currently in the process of applying to become a HUD Housing Counseling Agency (application will be submitted in November 2011). 7) Worked with residents through regularly scheduled meetings to craft a sustainable vision for the community. To assist in this effort, a group of 6 resident leaders attended the Community Leadership Institute (sponsored by NeighborWorks America) in October 2010 in Little Rock, Arkansas. 8) Make It Right was awarded two NSP grants through the Housing and Urban Development Neighborhood Stabilization Program (NSP2) toward our work in the Lower 9th Ward and Newark. These grant funds represent the first significant direct government funding for Make It Right, which has been primarily funded by philanthropy. These grants will provide $4.9 million in additional funds that will allow Make It Right to continue to build homes in the Lower 9th Ward and Newark. 9) Shared lessons learned in various industry conferences including: Greenbuild, Poptech, Congressional Black Caucus 40th Annual Legislative Conference, and Hanley Wood's Reinvention 2010. |
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| IRS990/MissionDescription | 0 | THE MAKE IT RIGHT FOUNDATION WAS INCORPORATED ON AUGUST 15, 2007, AS A DELAWARE NOT-FOR-PROFIT CORPORATION, TWO YEARS AFTER HURRICANE KATRINA. IT WAS FOUNDED TO HELP IMPLEMENT ACTOR BRAD PITT'S OBJECTIVE TO IMPROVE THE DESIGN AND PERFORMANCE OF AFFORDABLE HOUSING. ITS PRIMARY GOAL IS TO PROVIDE HIGH-QUALITY, ENERGY-EFFICIENT HOUSING TO FAMILIES IN NEED, AND TO IMPROVE THE DEVELOPMENT OF COMMUNITIES IN WHICH THEY LIVE. THE ORGANIZATION'S FIRST PROJECT WAS TO ASSIST IN THE SUSTAINABLE REDEVELOPMENT OF NEW ORLEANS, IN PARTICULAR, THE LOWER 9TH WARD. THE MISSION FOR THIS PROJECT IS TO BE A CATALYST FOR REDEVELOPMENT BY BUILDING A NEIGHBORHOOD COMPRISED OF SAFE AND HEALTHY HOMES, INSPIRED BY CRADLE TO CRADLE THINKING, WITH AN EMPHASIS ON HIGH-QUALITY DESIGN, WHILE PRESERVING THE SPIRIT OF THE COMMUNITY'S CULTURE. MAKE IT RIGHT LATER AMENDED ITS BYLAWS TO EXPAND BEYOND HOUSING IN NEW ORLEANS TO HELP IN OTHER AREAS AND TO SPREAD ITS KNOWLEDGE AND INTELLECTUAL PROPERTY. THEREFORE, THE REVISED |
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| IRS990/OtherEmployeeBenefits/Total | 0 | 138462 |
| IRS990/OtherExpensePriorYear | 0 | 10038953 |
| IRS990/OtherExpensesCurrentYear | 0 | 12905127 |
| IRS990/OtherExpenses/Description | 0 | CONSTRUCTION COSTS |
| IRS990/OtherExpenses/Description | 1 | HOMEOWNER MAINTENANCE |
| IRS990/OtherExpenses/Description | 2 | EMPLOYEE TRAINING |
| IRS990/OtherExpenses/Description | 3 | MEALS AND ENTERTAINMENT |
| IRS990/OtherExpenses/Description | 4 | COMMUNITY EVENTS |
| IRS990/OtherExpenses/Fundraising | 0 | 160 |
| IRS990/OtherExpenses/ManagementAndGeneral | 0 | 7500 |
| IRS990/OtherExpenses/ManagementAndGeneral | 1 | 162 |
| IRS990/OtherExpenses/ProgramServices | 0 | 9916961 |
| IRS990/OtherExpenses/ProgramServices | 1 | 170790 |
| IRS990/OtherExpenses/ProgramServices | 2 | 31463 |
| IRS990/OtherExpenses/ProgramServices | 3 | 13647 |
| IRS990/OtherExpenses/ProgramServices | 4 | 16616 |
| IRS990/OtherExpenses/Total | 0 | 9916961 |
| IRS990/OtherExpenses/Total | 1 | 170790 |
| IRS990/OtherExpenses/Total | 2 | 38963 |
| IRS990/OtherExpenses/Total | 3 | 13969 |
| IRS990/OtherExpenses/Total | 4 | 16616 |
| IRS990/OtherLiabilities/BOY | 0 | 74193 |
| IRS990/OtherLiabilities/EOY | 0 | 3908451 |
| IRS990/OtherNotesLoansReceivableNet/BOY | 0 | 20933492 |
| IRS990/OtherNotesLoansReceivableNet/EOY | 0 | 33295897 |
| IRS990/OtherRevenueCurrentYear | 0 | 18857 |
| IRS990/OtherRevenuePriorYear | 0 | -33667 |
| IRS990/OtherSalariesAndWages/Fundraising | 0 | 168200 |
| IRS990/OtherSalariesAndWages/ProgramServices | 0 | 2082330 |
| IRS990/OtherSalariesAndWages/Total | 0 | 2250530 |
| IRS990/OwnWebsite | 0 | X |
| IRS990/PartialLiquidation | 0 | false |
| IRS990/PaymentsToAffiliates/Total | 0 | 0 |
| IRS990/PayrollTaxes/ProgramServices | 0 | 167186 |
| IRS990/PayrollTaxes/Total | 0 | 167186 |
| IRS990/PensionPlanContributions/Total | 0 | 0 |
| IRS990/PledgesAndGrantsReceivable/BOY | 0 | 1983483 |
| IRS990/PledgesAndGrantsReceivable/EOY | 0 | 240675 |
| IRS990/PoliticalActivities | 0 | false |
| IRS990/PremiumsPaid | 0 | false |
| IRS990/PrepaidExpensesDeferredCharges/BOY | 0 | 60611 |
| IRS990/PrepaidExpensesDeferredCharges/EOY | 0 | 50480 |
| IRS990/PriorExcessBenefitTransaction | 0 | false |
| IRS990/ProfessionalFundraising | 0 | true |
| IRS990/ProgramServiceRevenue/BusinessCode | 0 | 531390 |
| IRS990/ProgramServiceRevenue/BusinessCode | 1 | 900099 |
| IRS990/ProgramServiceRevenueCY | 0 | 3273708 |
| IRS990/ProgramServiceRevenue/Description | 0 | SALES TO HOMEOWNERS |
| IRS990/ProgramServiceRevenue/Description | 1 | OTHER PROGRAM SERVICE REVENUE |
| IRS990/ProgramServiceRevenuePriorYear | 0 | 1796071 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 0 | 3163096 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 1 | 110612 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 0 | 3163096 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 1 | 110612 |
| IRS990/ProhibitedTaxShelterTrans | 0 | false |
| IRS990/QuidProQuoContributions | 0 | true |
| IRS990/QuidProQuoDisclosure | 0 | true |
| IRS990/ReconcilationRevenueExpenses | 0 | -9086855 |
| IRS990/RegularMonitoringEnforcement | 0 | true |
| IRS990/RelatedEntity | 0 | true |
| IRS990/RelatedOrgControlledEntity | 0 | true |
| IRS990/ReportFin48Footnote | 0 | true |
| IRS990/ReportInvestOthSecurities | 0 | false |
| IRS990/ReportLandBldgEquip | 0 | true |
| IRS990/ReportOtherAssets | 0 | false |
| IRS990/ReportOtherLiabilities | 0 | true |
| IRS990/ReportProgRelInvest | 0 | false |
| IRS990/Revenue | 0 | 3273708 |
| IRS990/RevenuesLessExpensesCY | 0 | -9086855 |
| IRS990/RevenuesLessExpensesPriorYear | 0 | -2010064 |
| IRS990/RoyaltiesRevenue/TotalRevenueColumn | 0 | 0 |
| IRS990/Royalties/Total | 0 | 0 |
| IRS990/SalariesEtcCurrentYear | 0 | 2899219 |
| IRS990/SalariesEtcPriorYear | 0 | 2254928 |
| IRS990/SavingsAndTempCashInvestments/BOY | 0 | 662521 |
| IRS990/SavingsAndTempCashInvestments/EOY | 0 | 11714 |
| IRS990ScheduleA/AmountsSubstContributorsTotal | 0 | 14326740 |
| IRS990ScheduleA/First5Years170 | 0 | X |
| IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear | 0 | 3766073 |
| IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year | 0 | 8829964 |
| IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years | 0 | 12294979 |
| IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years | 0 | 15138432 |
| IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContribReceived170/Total | 0 | 40029448 |
| IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear | 0 | 229392 |
| IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year | 0 | 84540 |
| IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years | 0 | 104171 |
| IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years | 0 | 2223 |
| IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170/Total | 0 | 420326 |
| IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc | 0 | 6315150 |
| IRS990ScheduleA/NetUBI/CurrentTaxYearMinus1Year | 0 | 0 |
| IRS990ScheduleA/NetUBI/CurrentTaxYearMinus2Years | 0 | 0 |
| IRS990ScheduleA/NetUBI/CurrentTaxYearMinus3Years | 0 | 0 |
| IRS990ScheduleA/NetUBI/CurrentTaxYearMinus4Years | 0 | 0 |
| IRS990ScheduleA/NetUBI/Total | 0 | 0 |
| IRS990ScheduleA/OtherIncome170/CurrentTaxYear | 0 | 27925 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2010 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $46,241,884
- Liabilities
- $39,861,486
- Net assets
- $6,380,398
- Revenue
- -
- Expenses
- $16,374,885
- Net income
- -