Housing & Shelter
(L21)
IRS Verified
DX Registered
990 on File
J-HAP INC
Financial strength (30%)
88/100
Reliability (20%)
50/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
We have an apartment complex in Golden Valley for adults with developmental disabilities who are willing and able to get out into the community and would love the opportunity to see a Twins game this season. The tenants who live here are on some source of government funding so costs are an issue.
Financial Overview — FY 2023
$580K
Total Revenue
$583K
Total Expenses
$1.7M
Net Assets
7
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
80.7%
Fundraising Efficiency
N/A
Operating Reserve
34.54x
Liability-to-Asset
12.8%
Revenue Diversification
90.7%
Compared with Peers
FY 2023
Compared with 7,651 similar organizations
(United States, Housing & Shelter, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
80.7% | 87.5% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.8% | 11.6% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
9.5% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
34.5 mo | 13.3 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
12.8% | 27.0% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
90.7% | 92.2% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-3.0% | 4.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-0.2% | 4.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-0.4% | -7.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $580K | $583K | $1.7M | 80.7% | 7 |
| 2022 | $599K | $583K | $1.7M | 81.1% | 8 |
| 2021 | $534K | $506K | N/A | — | 8 |
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