Civic Intelligence

Foundation for Homeless and Poverty

EIN 85-0700726 • 501(c)3 • Bremerton, WA

Profile

Taking a two-generational approach, the foundation for homeless & poverty management's mission is to help families break the cycle of homelessness and poverty and create stability in peoples lives. We meet people where they are at and help reduce barriers so individuals and families can break patterns and prevent generational poverty and homelessness.

2741 Wheaton WayBremerton, WA 98310

www.homelesspovertymanagement.org

Siviq Scores

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

Liabilities / Assets

95th percentile

1.26x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

1.61x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

3rd percentile

-159%

Higher net margin than 3% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

31st percentile

-3.6%

Faster asset growth than 31% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

75th percentile

33%

Faster revenue growth than 75% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$777,198

Down $29,312 (-3.6%) from 2023

Liabilities

Down

$976,402

Down $10,181 (-1.0%) from 2023

Net Assets

Down

-$199,204

Down $19,131 (-11%) from 2023

Operations
Liabilities / Revenue94th percentileNet Margin3rd percentile

Revenue

Up

$607,306

Up $150,157 (+33%) from 2023

Expenses

Up

$1,570,492

Up $952,993 (+154%) from 2023

Net Income

Down

-$963,186

Down $802,836 (-501%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth31st percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2021: $7,503Liabilities 2021: $155Net Assets 2021: $7,3482021Assets 2022: $1,303,754Liabilities 2022: $1,303,754Net Assets 2022: $02022Assets 2023: $806,510Liabilities 2023: $986,583Net Assets 2023: -$180,0732023Assets 2024: $777,198Liabilities 2024: $976,402Net Assets 2024: -$199,2042024

Highlighted filing

2024

Assets$777,198
Liabilities$976,402
Net Assets-$199,204
Open 2024 Filing

Operations Trend

Revenue Growth75th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2021: $142,719Expenses 2021: $158,617Net Income 2021: -$15,8982021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $457,149Expenses 2023: $617,499Net Income 2023: -$160,3502023Revenue 2024: $607,306Expenses 2024: $1,570,492Net Income 2024: -$963,1862024

Highlighted filing

2024

Revenue$607,306
Expenses$1,570,492
Net Income-$963,186
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$777,198
Liabilities
$976,402
Net assets
-$199,204
Revenue
$607,306
Expenses
$1,570,492
Net income
-$963,186
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.78$0.98$0.20$0.61$1.57$0.96
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.99$0.18$0.46$0.62$0.16
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$1.30$0.00$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.14$0.16$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 27, 2025
Return Version
2024v5.2
Gross Receipts
$607,306
Mission and Program Overview

Mission

Taking a two generational approach, the foundation for homeless & poverty managements mission is to help families break the cycle of homelessness and poverty and creat stability in peoples lives. We meet people where they are at and help reduce barriers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,750,565--
Land, Buildings, and Equipment, Net-$777,198-
Total Assets$1,750,565$777,198▼ $973,367
Liabilities
Unsecured Notes Loans Payable$986,583$976,402▼ $10,181
Total Liabilities$986,583$976,402▼ $10,181
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$763,982$-199,204▼ $963,186
Total Net Assets Fund Balance$763,982$-199,204▼ $963,186
Total Liabilities and Net Assets / Fund Balance$1,750,565$777,198▼ $973,367

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$777,198$37,728-
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Drayton JacksonExecutive Director
Diana SullivanChief Operating Officer
Dominique Willis-hunterOffice Manager
Revenue and Support

Revenue Composition

Contributions and Grants
$607,306
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-963,186
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,558,540
Salaries, Compensation, and Employee Benefits$11,952
Total Fundraising Expense$524
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$1,388,317--$1,388,317
Occupancy$25,135$25,135-$50,270
Depreciation Depletion-$20,896-$20,896
Interest$10,181$10,181-$20,362
Travel$9,632$9,632-$19,264
All Other Expenses$9,143$9,143-$18,286
Other Expenses$6,099$6,099-$12,198
Insurance$5,216$5,216-$10,432
Office Expenses-$10,025-$10,025
Other Employee Benefits-$7,452-$7,452
Current Officers, Directors, Trustees, and Key Employees-$4,500-$4,500
Fees for Services Accounting-$3,215-$3,215
Information Technology-$3,194-$3,194
Advertising$1,557-$524$2,081
Total Functional Expenses$1,455,280$114,688$524$1,570,492
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“.”

Governing documents etc available to public Part VI line 19

“Upon receipt of a complete records request.”

Filing and Contact Details

Filer

Filer Name
Foundation for Homeless and Poverty Management
EIN
85-0700726
In Care Of
% DIANA SULLIVAN
Phone
3606277018
Address
2741 WHEATON WAY, Bremerton, WA 98310

Signing Officer

Name
Diana Sullivan
Title
Chief Operating Officer
Phone
3606277018
Signed
2025-10-27
Discuss with paid preparer
No

Organization Details

Formed
2020
Legal Domicile
Wa
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
WeFile Inc
Address
1716 Corporate Landing Parkway, VIRGINIA BEACH, VA 23454-5681
Preparer
Jennifer Riley
Phone
3603371040
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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