Civic Intelligence

Homeless Gear Inc

EIN 27-4641606 • 501(c)3 • Fort Collins, CO

Profile

To provide homeless men, women and children with the supplies that they need to survive on the streets and the support and companionship that they need to navigate the path from homelessness to self-sufficiency.

242 Conifer StFort Collins, CO 80524

www.homelessgear.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

69th percentile

0.32x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

52nd percentile

0.17x

Higher debt load relative to revenue than 52% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

43rd percentile

1.9%

Higher net margin than 43% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

59th percentile

$151,102

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

26th percentile

-2.6%

Faster asset growth than 26% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

73rd percentile

26%

Faster revenue growth than 73% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,205,209

Up $1,415,032 (+79%) from 2020

Liabilities

Up

$1,012,627

Up $404,827 (+67%) from 2020

Net Assets

Up

$2,192,582

Up $1,010,205 (+85%) from 2020

Revenue

Up

$5,854,838

Up $2,293,663 (+64%) from 2020

Expenses

Up

$5,744,276

Up $2,352,938 (+69%) from 2020

Net Income

Down

$110,562

Down $59,275 (-35%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $32,507Net Assets 2011: $32,5072011Assets 2014: $326,867Liabilities 2014: $377Net Assets 2014: $326,4902014Assets 2015: $379,357Liabilities 2015: $750Net Assets 2015: $378,6072015Assets 2016: $436,522Liabilities 2016: $8,107Net Assets 2016: $428,4152016Assets 2019: $1,203,257Liabilities 2019: $224,526Net Assets 2019: $978,7312019Assets 2020: $1,790,177Liabilities 2020: $607,800Net Assets 2020: $1,182,3772020Assets 2024: $3,205,209Liabilities 2024: $1,012,627Net Assets 2024: $2,192,5822024

Highlighted filing

2024

Assets$3,205,209
Liabilities$1,012,627
Net Assets$2,192,582

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $92,169Expenses 2011: $102,789Net Income 2011: -$10,6202011Revenue 2014: $1,311,240Expenses 2014: $1,278,220Net Income 2014: $33,0202014Revenue 2015: $1,507,147Expenses 2015: $1,455,030Net Income 2015: $52,1172015Revenue 2016: $1,979,193Expenses 2016: $1,929,385Net Income 2016: $49,8082016Revenue 2019: $2,779,658Expenses 2019: $2,644,424Net Income 2019: $135,2342019Revenue 2020: $3,561,175Expenses 2020: $3,391,338Net Income 2020: $169,8372020Revenue 2024: $5,854,838Expenses 2024: $5,744,276Net Income 2024: $110,5622024

Highlighted filing

2024

Revenue$5,854,838
Expenses$5,744,276
Net Income$110,562

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2019 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 17, 2020
Return Version
2019v5.0
Gross Receipts
$2,839,766
Mission and Program Overview

Mission

To empower individuals and families who face homelessness to survive, move forward and thrive.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$466,079$539,027▲ $72,948
Pledges and Grants Receivable$54,223$146,102▲ $91,879
Inventories for Sale or Use$100,931$110,637▲ $9,706
Land, Buildings, and Equipment, Net$4,389$46,441▲ $42,052
Prepaid Expenses and Deferred Charges$18,721$22,745▲ $4,024
Accounts Receivable$15,406$6,415▼ $8,991
Total Assets$947,126$1,203,257▲ $256,131
Other Assets Total$287,377$331,890▲ $44,513
Liabilities
Deferred Revenue$63,500$158,381▲ $94,881
Accounts Payable and Accrued Expenses$34,704$66,145▲ $31,441
Total Liabilities$98,204$224,526▲ $126,322
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$793,811$918,731▲ $124,920
Net Assets With Donor Restrictions$55,111$60,000▲ $4,889
Total Net Assets Fund Balance$848,922$978,731▲ $129,809
Total Liabilities and Net Assets / Fund Balance$947,126$1,203,257▲ $256,131

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$46,441$28,039$74,480
Other Assets Org$889--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$55,111-▲ $9,384-$63,753
2018-$60,000▼ $4,670-$55,111
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David RoutExecutive DiFT$76,710$4,482$81,192

Board Members and Trustees

NameTitle
Cole HerkChairman
Mary Alice MccombVice-chair
Anne FisherDirector
Dave RizzottoDirector
Isabelle OrricoDirector
Justie NicolDirector
Ken JohnDirector
Ken PilotDirector
Paula StearnsSecretary
Chris BanksTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,619,305
Program Service Revenue
$0
Investment Income
$53,975
Other Revenue
$106,378
All Other Contributions
$1,951,251
Change in Net Assets
$135,234

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$1,010,310Fair Market Value
Total Noncash Contributions$1,010,310-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,776,175
Revenue Not Reported on Financial Statements
$3,483
Revenue Not Reported on Form 990
$124,575
Total Revenue per Audited Statements
$2,900,750
Total Revenue per Form 990
$2,779,658
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,607,029
Salaries, Compensation, and Employee Benefits$1,037,395
Total Fundraising Expense$102,229
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$768,026$7,912$45,096$821,034
All Other Expenses$144,997$34,188$28,310$207,495
Fees for Services Other$85,730$24,931$959$111,620
Current Officers, Directors, Trustees, and Key Employees$19,177$42,191$15,342$76,710
Payroll Taxes$57,600$9,531$4,329$71,460
Other Employee Benefits$59,281$4,529$4,381$68,191
Other Expenses$22,622$20,439$473$43,534
Insurance$16,155$5,318$829$22,302
Information Technology$11,751$1,392$245$13,388
Depreciation Depletion-$5,000-$5,000
Occupancy-$4,000-$4,000
Office Expenses$1,410$76$2,243$3,729
Fees for Service Investment Mgmnt Fees-$3,483-$3,483
Advertising--$22$22
Total Functional Expenses$2,379,205$162,990$102,229$2,644,424

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,770,941
Total Expenses per Form 990$2,644,424
Expenses per Audited Statements$2,640,941
Expenses Not Reported on Form 990$130,000
Expenses Not Reported on Financial Statements$3,483
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$112,847
Fundraising Direct Expenses$12,969
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner/auction$122,870$73,709-$73,709
Homeless Awaren$33,720$33,720-$33,720
Total Events$162,008$112,847$12,969$99,878
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 was reviewed by our executive director and one director, who is a cpa, who have the professional experience and expertise required to provide substantive feedback on the form 990. The board is provided a copy of the 990 prior to filing.

Form 990, Page 6, Part VI, Line 12C

Reviewed periodically by board members.

Form 990, Page 6, Part VI, Line 15A

The executive director's compensation is reviewed by the board of directors on an annual basis. Compensation levels are determined based on comparability date (when necessary) and available funds of the organization.

Form 990, Page 6, Part VI, Line 18

The corporations general policy is to make such documents available to the general public upon request, provided that the request is made for a proper purpose.

Form 990, Page 6, Part VI, Line 19

The corporations general policy is to make such documents available to the general public upon request, provided that the request is made for a proper purpose.

Filing and Contact Details

Filer

Filer Name
Homeward Alliance Inc
EIN
27-4641606
Phone
9704949700
Address
242 CONIFER ST, FORT COLLINS, CO 80524

Signing Officer

Name
David Rout
Title
Executive Director
Phone
9704949700
Signed
2020-09-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Rout
Formed
2010
Voting Board Members
10
Independent Board Members
10
Employees
42
Volunteers
1,300

Preparer

Firm
Rlr Llp
Address
1235 RIVERSIDE AVE, FORT COLLINS, CO 80524-3218
Preparer
Joseph M Hoefler
Phone
9706925300
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 2

Mobile laundry program started during 2019.

Form 990, Page 2, Part III, Line 4D

Street outreach: we recorded approximately 2,000 interactions with individuals experiencing homelessness on the streets of fort collins. We distributed supplies, shared resource information and connected people to services. Hand up: we helped secure 200 jobs for program participants who were homeless or at-risk of being homeless. One village one family: we helped secure housing for 19 families. All remained housed at the end of the year. Housing first initiative we provide intensive, housing-focused case management to individuals who have been homeless for at least six months. We also collect city-level data (fort collins) on the issue of homelessness. In 2019, the program helped approximately 60 individuals escape long-term homelessness. Children in need: we host quarterly service events for children and families who are housing insecure. We also send supplies to other organizations that serve children and families (those organizations distribute what we send to the families/children they serve). In 2019, we served 350 unduplicated families (including 991 children) at our quarterly service events. We distributed food to a weekend hunger relief organization serving the thompson school district in loveland. Dedicated navigator: in 2019, we helped 225 households obtain approximately 1m in government benefits (medicaid, snap, tanf, oap, and). Bike repair: we ensure safe, reliable transportation and build positive relationships through bicycle maintenance and repair. In 2019, we completed more than 550 bicycle repairs. Mobile laundry: we park a custom built laundry truck at key locations in larimer county and complete up to 40 loads of laundry per day for people who are homeless or low income. This pilot program started up in late 2019.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is a nonprofit corporation and qualifies as a tax-exempt organization under section 501(c)(3) of the internal revenue code. Accordingly, no provision is made in these financial statements for income taxes. The organization has adopted the recognition requirements for uncertainty in income taxes as required by asc 740-10. The standard prescribes a comprehensive model for how an organization should recognize, measure, present and disclose in the financial statements uncertainty in income taxes of the organization. The organization's income tax filings are subject to audit by various taxing authorities. In evaluating the organization's tax provisions and accruals, interpretations and tax planning strategies are considered. The organization believes their estimates are appropriate based on current facts and circumstances and have not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at december 31, 2019.

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IRS990/MissionDesc0TO EMPOWER INDIVIDUALS AND FAMILIES WHO FACE HOMELESSNESS TO SURVIVE, MOVE FORWARD AND THRIVE.
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IRS990/ProgSrvcAccomActy2Grp/Desc0MURPHY CENTER: WE SERVED NEARLY 3,000 UNDUPLICATED INDIVIDUALS AT THE MURPHY CENTER FOR HOPE, A RESOURCE CENTER FOR PEOPLE EXPERIENCING OR AT- RISK OF HOMELESSNESS. THE MURPHY CENTER HOSTS MORE THAN 20 NONPROFITS THAT, COLLECTIVELY, PROVIDE MORE THAN 40 UNIQUE SERVICES. HOMEWARD ALLIANCE OPERATES THE MURPHY CENTER.
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IRS990/ProgSrvcAccomActy3Grp/Desc0RE-ENTRY: WE PROVIDE INTENSIVE CASE MANAGEMENT TO PEOPLE ON PAROLE WHOM THE DEPARTMENT OF CORRECTIONS IDENTIFIES AS MEDIUM-TO-HIGH RISK OF RECIDIVISM. RE-ENTRY IS FUNDED BY THE WORK AND GAIN EMPLOYMENT AND EDUCATIONS SKILLS (WAGEES) PROGRAM, A STATEWIDE INITIATIVE PASSED THROUGH THE COLORADO STATE LEGISLATURE. IN 2019, WE SERVED APPROXIMATELY 100 INDIVIDUALS; APPROXIMATELY 70% OBTAINED EMPLOYMENT, AND WE MAINTAINED A 5% RECIDIVISM RATE AMONG PROGRAM PARTICIPANTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0316494
IRS990/ProgSrvcAccomActyOtherGrp/Desc0STREET OUTREACH: WE RECORDED APPROXIMATELY 2,000 INTERACTIONS WITH INDIVIDUALS EXPERIENCING HOMELESSNESS ON THE STREETS OF FORT COLLINS. WE DISTRIBUTED SUPPLIES, SHARED RESOURCE INFORMATION AND CONNECTED PEOPLE TO SERVICES. HAND UP: WE HELPED SECURE 200 JOBS FOR PROGRAM PARTICIPANTS WHO WERE HOMELESS OR AT-RISK OF BEING HOMELESS. ONE VILLAGE ONE FAMILY: WE HELPED SECURE HOUSING FOR 19 FAMILIES. ALL REMAINED HOUSED AT THE END OF THE YEAR. HOUSING FIRST INITIATIVE WE PROVIDE INTENSIVE, HOUSING-FOCUSED CASE MANAGEMENT TO INDIVIDUALS WHO HAVE BEEN HOMELESS FOR AT LEAST SIX MONTHS. WE ALSO COLLECT CITY-LEVEL DATA (FORT COLLINS) ON THE ISSUE OF HOMELESSNESS. IN 2019, THE PROGRAM HELPED APPROXIMATELY 60 INDIVIDUALS ESCAPE LONG-TERM HOMELESSNESS. CHILDREN IN NEED: WE HOST QUARTERLY SERVICE EVENTS FOR CHILDREN AND FAMILIES WHO ARE HOUSING INSECURE. WE ALSO SEND SUPPLIES TO OTHER ORGANIZATIONS THAT SERVE CHILDREN AND FAMILIES (THOSE ORGANIZATIONS DISTRIBUTE WHAT WE SEND TO THE FAMILIES/CHILDREN THEY SERVE). IN 2019, WE SERVED 350 UNDUPLICATED FAMILIES (INCLUDING 991 CHILDREN) AT OUR QUARTERLY SERVICE EVENTS. WE DISTRIBUTED FOOD TO A WEEKEND HUNGER RELIEF ORGANIZATION SERVING THE THOMPSON SCHOOL DISTRICT IN LOVELAND. DEDICATED NAVIGATOR: IN 2019, WE HELPED 225 HOUSEHOLDS OBTAIN APPROXIMATELY 1M IN GOVERNMENT BENEFITS (MEDICAID, SNAP, TANF, OAP, AND). BIKE REPAIR: WE ENSURE SAFE, RELIABLE TRANSPORTATION AND BUILD POSITIVE RELATIONSHIPS THROUGH BICYCLE MAINTENANCE AND REPAIR. IN 2019, WE COMPLETED MORE THAN 550 BICYCLE REPAIRS. MOBILE LAUNDRY: WE PARK A CUSTOM BUILT LAUNDRY TRUCK AT KEY LOCATIONS IN LARIMER COUNTY AND COMPLETE UP TO 40 LOADS OF LAUNDRY PER DAY FOR PEOPLE WHO ARE HOMELESS OR LOW INCOME. THIS PILOT PROGRAM STARTED UP IN LATE 2019.
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER ASSETS
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NONPROFIT CORPORATION AND QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION IS MADE IN THESE FINANCIAL STATEMENTS FOR INCOME TAXES. THE ORGANIZATION HAS ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAINTY IN INCOME TAXES AS REQUIRED BY ASC 740-10. THE STANDARD PRESCRIBES A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD RECOGNIZE, MEASURE, PRESENT AND DISCLOSE IN THE FINANCIAL STATEMENTS UNCERTAINTY IN INCOME TAXES OF THE ORGANIZATION. THE ORGANIZATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. IN EVALUATING THE ORGANIZATION'S TAX PROVISIONS AND ACCRUALS, INTERPRETATIONS AND TAX PLANNING STRATEGIES ARE CONSIDERED. THE ORGANIZATION BELIEVES THEIR ESTIMATES ARE APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES AND HAVE NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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