Civic Intelligence

Openhouse

990 • Fiscal year 2024 • EIN 94-3337955

Jul 01, 2023 to Jun 30, 2024 • Filed on Jan 27, 2025

65 Laguna StreetSan Francisco, CA 94102

(415) 296-8995

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

34th percentile

0.07x

Higher debt load relative to assets than 34% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.11x

Higher debt load relative to revenue than 33% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

73rd percentile

19%

Higher net margin than 73% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

58th percentile

$209,385

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

74th percentile

14%

Faster asset growth than 74% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

80th percentile

36%

Faster revenue growth than 80% of similar nonprofits.

2024 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$11,748,697

Up $1,448,197 (+14%) from 2023

Net Assets

Up

$10,978,998

Up $1,267,468 (+13%) from 2023

Liabilities

Up

$769,699

Up $180,729 (+31%) from 2023

Revenue

Up

$6,897,806

Up $1,826,992 (+36%) from 2023

Expenses

Up

$5,562,018

Up $812,316 (+17%) from 2023

Net Income

Up

$1,335,788

Up $1,014,676 (+316%) from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $188,430Liabilities 2010: $15,328Net Assets 2010: $173,1022010Assets 2011: $240,247Liabilities 2011: $30,541Net Assets 2011: $209,7062011Assets 2012: $307,359Liabilities 2012: $32,044Net Assets 2012: $275,3152012Assets 2013: $463,685Liabilities 2013: $64,048Net Assets 2013: $399,6372013Assets 2014: $756,687Liabilities 2014: $61,950Net Assets 2014: $694,7372014Assets 2015: $743,963Liabilities 2015: $65,372Net Assets 2015: $678,5912015Assets 2016: $1,739,115Liabilities 2016: $125,082Net Assets 2016: $1,614,0332016Assets 2017: $2,578,462Liabilities 2017: $92,688Net Assets 2017: $2,485,7742017Assets 2018: $3,209,801Liabilities 2018: $155,701Net Assets 2018: $3,054,1002018Assets 2019: $7,104,588Liabilities 2019: $1,066,729Net Assets 2019: $6,037,8592019Assets 2020: $8,307,270Liabilities 2020: $634,848Net Assets 2020: $7,672,4222020Assets 2021: $9,740,301Liabilities 2021: $870,893Net Assets 2021: $8,869,4082021Assets 2022: $10,028,817Liabilities 2022: $586,870Net Assets 2022: $9,441,9472022Assets 2023: $10,300,500Liabilities 2023: $588,970Net Assets 2023: $9,711,5302023Assets 2024: $11,748,697Liabilities 2024: $769,699Net Assets 2024: $10,978,9982024Assets 2025: $11,273,481Liabilities 2025: $683,504Net Assets 2025: $10,589,9772025

Highlighted filing

2024

Assets$11,748,697
Liabilities$769,699
Net Assets$10,978,998

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $452,321Expenses 2010: $375,149Net Income 2010: $77,1722010Expenses 2011: $496,8422011Revenue 2012: $649,746Expenses 2012: $582,841Net Income 2012: $66,9052012Revenue 2013: $961,855Expenses 2013: $837,533Net Income 2013: $124,3222013Revenue 2014: $1,314,014Expenses 2014: $1,018,914Net Income 2014: $295,1002014Revenue 2015: $1,195,381Expenses 2015: $1,211,527Net Income 2015: -$16,1462015Revenue 2016: $2,622,994Expenses 2016: $1,642,704Net Income 2016: $980,2902016Revenue 2017: $2,460,734Expenses 2017: $1,606,068Net Income 2017: $854,6662017Revenue 2018: $2,295,852Expenses 2018: $1,850,949Net Income 2018: $444,9032018Revenue 2019: $5,233,380Expenses 2019: $2,259,692Net Income 2019: $2,973,6882019Revenue 2020: $4,327,284Expenses 2020: $2,696,475Net Income 2020: $1,630,8092020Revenue 2021: $4,279,531Expenses 2021: $3,720,946Net Income 2021: $558,5852021Revenue 2022: $5,153,622Expenses 2022: $4,519,251Net Income 2022: $634,3712022Revenue 2023: $5,070,814Expenses 2023: $4,749,702Net Income 2023: $321,1122023Revenue 2024: $6,897,806Expenses 2024: $5,562,018Net Income 2024: $1,335,7882024Revenue 2025: $5,451,822Expenses 2025: $5,766,283Net Income 2025: -$314,4612025

Highlighted filing

2024

Revenue$6,897,806
Expenses$5,562,018
Net Income$1,335,788
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 27, 2025
Return Version
2023v6.0
Gross Receipts
$7,076,408
Mission and Program Overview

Mission

Openhouse enables San Francisco Bay Area LGBTQ+ seniors to overcome the unique challenges they face as they age by providing housing, direct services and community programs. (continued on Schedule O)

Openhouse enables San Francisco Bay Area LGBTQ+ seniors to overcome the unique challenges they face as they age by providing housing, direct services and community programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$5,277,732$5,535,068▲ $257,336
Land, Buildings, and Equipment, Net$3,551,191$3,279,318▼ $271,873
Cash and Non-Interest-Bearing Accounts$98,939$1,242,481▲ $1,143,542
Pledges and Grants Receivable$567,469$728,367▲ $160,898
Prepaid Expenses and Deferred Charges$25,919$159,613▲ $133,694
Investments Other Securities$62,710$62,560▼ $150
Accounts Receivable$37,286$32,530▼ $4,756
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$10,300,500$11,748,697▲ $1,448,197
Other Assets Total$679,254$708,760▲ $29,506
Liabilities
Accounts Payable and Accrued Expenses$415,712$493,639▲ $77,927
Other Liabilities$173,258$276,060▲ $102,802
Total Liabilities$588,970$769,699▲ $180,729
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,864,155$10,160,875▲ $1,296,720
Net Assets With Donor Restrictions$847,375$818,123▼ $29,252
Total Net Assets Fund Balance$9,711,530$10,978,998▲ $1,267,468
Total Liabilities and Net Assets / Fund Balance$10,300,500$11,748,697▲ $1,448,197

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$3,279,318$2,056,642$5,335,960
Equipment-$27,565$27,565
Other Assets Org$265,505--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathleen SullivanExecutive DirectorFT$183,980$25,405$209,385
Matthew CiminoDirector Fin & OpsFT$128,197$16,026$144,223
Sylvia VargasDirector Comm EngagemenFT$102,864$22,773$125,637
Carrie SchellDirector CommSupportSvcFT$100,501$13,463$113,964

Board Members and Trustees

NameTitle
Maite EchanizCo-President
Vinly EngCo-President
Ana ZamoraDirector
Bill LowellDirector
Chris DavidsonDirector
Grace HuntleyDirector
Luis ZamoraDirector
Maritza PenagosDirector
Mark BuchananDirector
Oriol Pi MiloroDirector
Rachel KamenDirector
Shireen McSpaddenDirector
Susan ZieffDirector
Margaret MakSecretary
Michael LiebermanSecretary
Steve VettelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,546,342
Program Service Revenue
$281,961
Investment Income
$213,702
Other Revenue
$-144,199
All Other Contributions
$3,343,576
Change in Net Assets
$1,335,788

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,897,806
Revenue Not Reported on Form 990
$24,027
Total Revenue per Audited Statements
$6,921,833
Total Revenue per Form 990
$6,897,806
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,511,601
Other Expenses$2,050,417
Total Fundraising Expense$660,508
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,992,585$222,050$339,055$2,553,690
Fees for Services Other$568,289$25,499$110,193$703,981
Other Employee Benefits$255,369$47,593$46,392$349,354
Occupancy$310,213$4,885$20,840$335,938
Current Officers, Directors, Trustees, and Key Employees$94,085$187,542$47,042$328,669
Depreciation Depletion$268,042$1,691$2,140$271,873
Payroll Taxes$169,688$33,291$31,381$234,360
Travel$75,787$6,521$16,921$99,229
Insurance$9,319$50,777-$60,096
Information Technology$43,038$2,718$4,277$50,033
Pension Plan Contributions$32,965$6,467$6,096$45,528
Fees for Services Legal-$45,031-$45,031
Office Expenses$32,359$6,502$5,757$44,618
Fees for Services Accounting-$24,667-$24,667
All Other Expenses$5,649$1,399$3,398$10,446
Other Expenses$7,610$405$1,272$9,287
Total Functional Expenses$4,212,566$688,944$660,508$5,562,018

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,654,365
Expenses per Audited Statements$5,562,018
Total Expenses per Form 990$5,562,018
Expenses Not Reported on Form 990$92,347
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$178,602
Fundraising Gross Income$34,403
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Event$225,090$34,403$48,758$-14,355
Total Events$225,090$34,403$178,602$-144,199
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease payable noncurrent$183,929
Lease payable current$92,131
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is prepared by an outside tax professional. The form is then reviewed bythe organization's management and a member of the board of directors. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final form 990 which is then e-filed with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

Members of the board of directors review all potential conflicts of interest atleast annually. The executive director and all board members are required to disclose potential conflicts and any related party affiliations. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures.

Form 990, Part VI, Section B, Line 15A

Members of the board of directors review the compensation of all high-level personnel periodically in accordance with irs rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with irs guidelines and the organization's policies and procedures..

Form 990, Part VI, Section B, Line 15B

Compensation of other high-level personnelis reviewed periodically by members of management. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits. All decisions are then documented in personnel files.

Form 990, Part VI, Section C, Line 18

Tax returns are available for download from several websites and by request from the organization's office in San Francisco, California.

Form 990, Part VI, Section C, Line 19

All of the organization's governing documents, financial statements, and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public. Tax returns are posted annually to our website and to www.candid.org (where they are available for viewing as electronic copies) and are also available by request from the organization's office.

Filing and Contact Details

Filer

Filer Name
Openhouse
EIN
94-3337955
Phone
4152968995
Address
65 Laguna Street, San Francisco, CA 94102

Signing Officer

Name
Matthew Cimino
Title
Director Fin & Ops
Phone
4152968995
Signed
2025-01-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathleen Sullivan
Formed
1998
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
Employees
45
Volunteers
376

Preparer

Firm
Regalia & Associates CPAS
Address
103 Town and Country Drive Suite K, Danville, CA 94526
Preparer
Douglas W Regalia
Phone
9253140390
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Change in unamortized discount = $24027

Form 990, Part III - Organization'S Mission continued

Founded in 1998, Openhouse works to center the voices and experiences of LGBTQ+ older adults by providing opportunities to make social connections and build community.Openhouse is committed to creating a safe environment to encourage and support community members to share our diverse perspectives and identities to foster dynamic community engagement.We recognize and affirm that LGBTQ+ older adults live at intersections of race, ethnicity, class, culture, HIV status, sexual orientation, gender, gender identity and expression, spirituality and ability. At Openhouse, everyone is a community member.

Form 990, Part III, Line 4A - Community Engagement Description Cont

Community Engagement Continued: Activities are co-created and designed by staff, volunteers, and participants with the goal of creating a safe, affirming, and inclusive space for participants. Openhouse staff often use these activities to build trust and rapport with community members and connect them with other social services such as Home Delivered Grocery program, Friendly Visitor program, and supportive services. Openhouse is deliberate and intentional in our strategies to reach and serve more BIPOC transgender and gender nonconforming seniors and adults with disabilities by working to co-create a culture of increased safety within our overall programs. As we continue to emerge from the pandemic, Openhouse social engagement and recreational programming is offered through a variety of delivery methods: In person, hybrid, and virtually, helping to bridge LGBTQ+-welcoming programming to accessible spaces for community members across San Francisco.Health & Wellness Activities:Given LGBTQ+ older adults potential stigma and fear of accessing mental health services and other social services supports, Openhouse offers staff-and peer-facilitated support groups and a new 10-week program of treatment for moderate to severe depression and anxiety. The therapy sessions are conducted by a licensed clinical social worker at no charge. Because community members were emotionally triggered by a second deadly pandemic in their lifetimes, a survey of LGBTQ+ seniors before and after COVID vaccine availability revealed that their number one critical need was affordable mental health care. The goal of the Support Program Groups is to provide LGBTQ+ seniors an opportunity to build community with peers facing similar challenges, in a safer, age- and LGBTQ+-affirming space. These groups can provide an increased sense of self-worth and self-knowledge through shared vulnerability, challenge, and trust, and can empower group members in how they approach relationships outside of the group. Group facilitators are often Openhouse clients themselves and have longstanding histories of participation in activist groups, therapy groups, and consciousness raising groups that bolster their facilitation. Facilitators employ diverse approaches, such as literature, theory, videos, art, and music, to encourage group participation and reflection on group topics. Ongoing emotional support groups include: Long-Term Survivors HIV/AIDS support group, LGBTQ Seniors with Chronic Disabilities support group, Self-Compassion & Belonging, In the Life: Supporting LGBTQ POC group, LGBTQ Caregivers of those with Dementia support group, and Living with Loss: Drop-in Grief support group.To reduce health disparities, promote healthy behavior and encourage early access to care, Openhouse offers health and wellness activities and workshops led by health professionals each year. Workshop topics include: HIV/AIDS prevention and treatment, diabetes prevention, healthy eating, managing stress, reducing suicide ideation, and reducing high blood pressure. In addition to these workshops, Openhouse offers weekly exercise classes such as meditation and yoga. As we fully emerge from the pandemic, groups take place in-person, hybrid, and virtually.

Part III, Line 4B - Community Support Services Description Continued

Individuals and couples who are 55 years and older, for55Laguna, andthose who are 62 and older, for 95 Laguna, whose household income does not exceed 50% of Area Median Income (AMI) are eligible. 14 of 117 units are set aside for formerly homeless funded through Housing Opportunities for Persons with AIDS (HOPWA), and 23 are for homeless individuals placed by the San Francisco Department of Homelessness Continuum of Care (COC) program. Case Management and Care Navigation: Under the Openhouse Community Support Services Department, staff provide case management and care navigation to LGBTQ+ older adults and adults with disabilities who have complex needs. This continuum of assistance provides wrap-around support and services coordination that seniors need, many of which do not have children or family to provide this critical care. These services allow community members to age in place and maintain independence throughout the aging process. San Francisco residents who are 60 years of age or older, or individuals between 18 and 59 years of age who are living with disabilities, who are at risk of premature institutionalization, and who meet at least one of the following conditions: Impairment in one or more areas of Activities of Daily Living (ADLs), such as eating, dressing, transfer, bathing, toileting, & grooming, taking medication, or attending appointments. Case Managers support individuals in improving their quality of life, increase aging with dignity, do crisis management, and assist in the death and dying process.Information and Referral (ADRC): The Aging and Disability Resource Center (ADRC) is under the Openhouse Community Support Services Department. LGBTQ+ older adults find new sources of support and access critically needed services through the information, referrals and basic emotional support provided by Openhouse. To meet growing community demand and the priorities identified by the San Francisco (LGBT) Aging Policy Task Force, Openhouse was designated as one of ten city-funded ADRCs in July 2014. Housing Assistance: Under the Openhouse Community Support Services Department, the Housing Navigation program offers guidance to those seeking affordable housing in San Francisco. Our Housing Workshops, introduce community members to the process of housing search in SF, including an overview of housing availability and eligibility requirements, exploration of strategies, and sharing of helpful resources, all in an LGBTQ+ affirming environment. In follow up sessions, staff assist individuals to complete applications and improve their chances of success through financial coaching, debt-management, and budgeting. Openhouse is a critical source of information when new and existing affordable housing options become available. We send out monthly updated Affordable Housing Lists for 5 counties.

Financial Statement Notes

Part X : FIN48 Footnote

Income TaxesFinancial statement presentation follows the recommendations of ASC 740, Income Taxes. Under ASC 740, Openhouse is required to report information regarding its exposure to various tax positions taken by Openhouse and requires a two-step process that separates recognition from measurement. The first step is determining whether a tax position has met the recognition threshold; the second step is measuring a tax position that meets the recognition threshold Management believes that Openhouse has adequately evaluated its current tax positions and has concluded that as of June 30, 2024, Openhouse does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.Openhouse has received notification from the Internal Revenue Service and the State of California that it qualifies for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and Section 23701d of the California Revenue and Taxation Code. The exemptions are subject to periodic review by the federal and state taxing authorities and management is confident that Openhouse continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status. Openhouse may periodically receive unrelated business income (such as sublease rental income or advertising revenue) requiring Openhouse to file separate tax returns under federal and state statutes. Under such conditions, Openhouse calculates and accrues the applicable taxes.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Change in unamortized discount $24027

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$11.3$0.68$10.6$5.45$5.77$0.31
2024Detailed filing. Detailed filing data is available for this year.$11.7$0.77$11.0$6.90$5.56$1.34
2023Detailed filing. Detailed filing data is available for this year.$10.3$0.59$9.71$5.07$4.75$0.32
2022Detailed filing. Detailed filing data is available for this year.$10.0$0.59$9.44$5.15$4.52$0.63
2021Detailed filing. Detailed filing data is available for this year.$9.74$0.87$8.87$4.28$3.72$0.56
2020Detailed filing. Detailed filing data is available for this year.$8.31$0.63$7.67$4.33$2.70$1.63
2019Detailed filing. Detailed filing data is available for this year.$7.10$1.07$6.04$5.23$2.26$2.97
2018Detailed filing. Detailed filing data is available for this year.$3.21$0.16$3.05$2.30$1.85$0.44
2017Detailed filing. Detailed filing data is available for this year.$2.58$0.09$2.49$2.46$1.61$0.85
2016Detailed filing. Detailed filing data is available for this year.$1.74$0.13$1.61$2.62$1.64$0.98
2015Detailed filing. Detailed filing data is available for this year.$0.74$0.07$0.68$1.20$1.21$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.76$0.06$0.69$1.31$1.02$0.30
2013Summary only. Only limited summary data is available for this year.$0.46$0.06$0.40$0.96$0.84$0.12
2012Summary only. Only limited summary data is available for this year.$0.31$0.03$0.28$0.65$0.58$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.03$0.21$0.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.02$0.17$0.45$0.38$0.08