YELLOW ROOF FOUNDATION
Mission Statement
At Yellow Roof Foundation, we believe in building brighter futures and better tomorrows. And we believe this all begins at home. For some families and individuals, their American dream isn’t about owning a home. Their dream is just having a place to call home. We believe that everyone deserves a place to call home; a place that is a shelter from the storms of life, where they can find a fresh start and hope for a brighter future. We believe we can help families and individuals achieve their aspirations for a better tomorrow by providing affordable housing opportunities in the communities where they live and work. We believe they deserve an opportunity to start over, surrounded by a community that not only wants them to succeed, but is also willing to lend them hope and extend a helping hand. We know that having a place to call home is just the beginning. Families also need valuable life skills to help turn transitional housing into transformational living. That’s why we partner with service professionals and volunteers to provide coaching to help individuals and families develop additional life skills in financial planning, interview training and more.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
100.0% | 84.5% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.0% | 14.5% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 24.2% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
749.9 mo | 37.4 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.1% | 3.8% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
105.1% | 99.8% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
14.0% | 0.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-31.5% | -0.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
93.9% | 5.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $914K | $55K | $3.5M | 100.0% | 0 |
| 2022 | $801K | $81K | $2.6M | 100.0% | 0 |
| 2021 | $1.1M | $23K | N/A | — | 0 |
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