Lodestar Day Resource Center Inc

EIN: 260235106 501(c)(3)

Phoenix, AZ

Total Revenue
$983,657
Total Expenses
$1,113,923
Total Assets
$50,699
Net Assets
$-4,511
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
AZ
Principal Officer
Amy Schwabenlender
Phone
6022820853
Tax Period
2018-07-01 to 2019-06-30

Lodestar Day Resource Center Inc, founded in 2007, is a small nonprofit that reported $984K in total revenue in fiscal year 2018. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 13% operating deficit.

Mission

Using the power of collaboration to end homelessness.

Program Service Accomplishments

Program 1
Expenses: $373,014

The Brian Garcia Welcome Center is the lead access point to coordinated entry. We provide each client with diversion (initial short and long term housing plans to avoid the cycle of homelessness)...

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The Brian Garcia Welcome Center is the lead access point to coordinated entry. We provide each client with diversion (initial short and long term housing plans to avoid the cycle of homelessness), assessment, resources, and service referrals with the primary goal of resolving homelessness through a client-centered approach. We connect clients to appropriate services that include: mental and physical health, substance abuse treatment, employment assistance, shelter, housing and more.

Program 2
Expenses: $270,247

The Day Center fulfills basic needs for over 300 people that walk through our doors every day by providing engagement, safety, and respite (water, heat/AC, hygiene, restrooms). Many partner-tenants...

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The Day Center fulfills basic needs for over 300 people that walk through our doors every day by providing engagement, safety, and respite (water, heat/AC, hygiene, restrooms). Many partner-tenants are located in the Day Center, and provide a full range of services of to those experiencing homelessness. We also provide navigation and housing coordination services in the Day Center.

Program 3
Expenses: $159,129

OTHER PROGRAM SERVICES INCLUDE: STORE-TO-EXPLORE, MAIL ROOM, AND VOLUNTEER COORDINATION AND RELATED SERVICES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $974,855
Program Service Revenue $9,600
Investment Income $0
Other Revenue $-798
TOTAL REVENUE $983,657

Expense Breakdown

Grants Paid $0
Salaries & Benefits $834,458
Fundraising Expenses $14,845
Program Expenses $919,346
Other Expenses $279,465
TOTAL EXPENSES $1,113,923

Year-over-Year Comparison

2018 2017 Change
Revenue $983,657 $1,754,515 -0.4%
Expenses $1,113,923 $2,152,966 -0.5%
Net Income $-130,266 $-398,451 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
53
Volunteers
200

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$47,104
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mike Mcquaid President 1.00
Officer Director
$0 $0 $0
Jeff McMullin Treasurer 1.00
Officer Director
$0 $0 $0
Steve Gervais Director 1.00
Director
$0 $0 $0
Linda Mushkatel Director 1.00
Director
$0 $0 $0
Amy Schwabenlender Executive Dir. 1.00
Officer
$46,150 $954 $47,104
Sheila Harris EXECUTIVE DIRECTOR 1.00
$0 $0 $112,500
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $983,657 $1,113,923 $50,699 $-130,266
2018 $1,754,515 $2,152,966 $258,006 $-398,451
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