THE RENO INITIATIVE FOR SHELTER AND EQUALITY

EIN: 455617917 501(c)(3) Human Services

RENO, NV

Total Revenue
$4,837,109
Total Expenses
$4,676,362
Total Assets
$872,138
Net Assets
$608,168
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NV
Principal Officer
BENJAMIN CASTRO
Phone
7755250048
Tax Period
2024-01-01 to 2024-12-31

THE RENO INITIATIVE FOR SHELTER AND EQUALITY, founded in 2012, is a community nonprofit in the Human Services sector that reported $4.8M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $4.7M left a modest 3% surplus.

Mission

OUR INITIATIVE IS TO CULTIVATE A GREATER SENSE OF DIGNITY AND HUMILITY BY PROVIDING EQUAL ACCESS TO SHELTER, KNOWLEDGE, AND OPPORTUNITY. WE SEEK TO CREATE A STRONGER COMMUNITY THROUGH THE USE OF SHARED RESOURCES AND MUTUAL AID.

Program Service Accomplishments

Program 1
Expenses: $2,740,937 Revenue: $2,853,895

OUR PLACE - THE ORGANIZATION OPERATES A LOW-BARRIER EMERGENCY HOUSING FACILITY FOR WOMEN AND FAMILIES IN THE RENO-SPARKS COMMUNITY. THE CAMPUS PROVIDES SHELTER AND SERVICES FOR WOMEN, FAMILIES...

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OUR PLACE - THE ORGANIZATION OPERATES A LOW-BARRIER EMERGENCY HOUSING FACILITY FOR WOMEN AND FAMILIES IN THE RENO-SPARKS COMMUNITY. THE CAMPUS PROVIDES SHELTER AND SERVICES FOR WOMEN, FAMILIES, SENIORS, AND THEIR ANIMAL COMPANIONS.

Program 2
Expenses: $1,098,904 Revenue: $1,221,915

CROSSROADS - THE ORGANIZATION OPERATES SOBER SUPPORTIVE HOUSING FOR MEN, WOMEN AND FAMILIES IN THE RENO-SPARKS COMMUNITY. THE CARE TEAM SERVES A VITAL ROLE BY PROVIDING THE NECESSARY STRUCTURE...

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CROSSROADS - THE ORGANIZATION OPERATES SOBER SUPPORTIVE HOUSING FOR MEN, WOMEN AND FAMILIES IN THE RENO-SPARKS COMMUNITY. THE CARE TEAM SERVES A VITAL ROLE BY PROVIDING THE NECESSARY STRUCTURE, OVERSIGHT, SAFETY AND CONSISTENCY NEEDED TO ENSURE PARTICIPANTS LONG TERM SUCCESS.

Program 3
Expenses: $328,076 Revenue: $342,073

COMMUNITY OUTREACH - THE ORGANIZATION'S MOBILE OUTREACH UNITS PROVIDE ON-THE-SPOT HAIRCUTS, CARE BAGS AND PROVIDE FOOD AND OTHER SUPPLIES TO THOSE IN NEED. RISE TEAMS ALSO ASSIST INDIVIDUALS IN...

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COMMUNITY OUTREACH - THE ORGANIZATION'S MOBILE OUTREACH UNITS PROVIDE ON-THE-SPOT HAIRCUTS, CARE BAGS AND PROVIDE FOOD AND OTHER SUPPLIES TO THOSE IN NEED. RISE TEAMS ALSO ASSIST INDIVIDUALS IN NAVIGATING AVAILABLE RESOURCES WITH THE GOAL OF EMPOWERING INDIVIDUALS TO ACCESS THE SUPPORT THEY NEED FOR A POSITIVE CHANGE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $207,100
Program Service Revenue $4,611,508
Investment Income $6,089
Other Revenue $12,412
TOTAL REVENUE $4,837,109

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,238,232
Fundraising Expenses $37,613
Program Expenses $4,352,086
Other Expenses $438,130
TOTAL EXPENSES $4,676,362

Year-over-Year Comparison

2024 2023 Change
Revenue $4,837,109 $3,972,470 +0.2%
Expenses $4,676,362 $3,914,991 +0.2%
Net Income $160,747 $57,479 +1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
175
Volunteers
N/A

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
5
$99,043
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSE WILSON PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
LILITH BARAN PRESIDENT 1.00
Officer Director
$0 $0 $0
DEAN AUSTIN TREASURER 1.00
Officer Director
$0 $0 $0
STEVE WOLGAST SECRETARY 1.00
Officer Director
$0 $0 $0
EILEEN BIDWELL DIRECTOR 1.00
Director
$0 $0 $0
KELBY PEELER DIRECTOR 1.00
Director
$0 $0 $0
LISA LEE DIRECTOR 1.00
Director
$0 $0 $0
BENJAMIN CASTRO EXECUTIVE DIRECTOR 40.00
Officer
$94,843 $4,200 $99,043
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
2024 $4,837,109 $4,676,362 $872,138 $160,747
2023 $3,972,470 $3,914,991 $621,649 $57,479
2022 $3,394,477 $3,259,634 $530,672 $134,843
2022 $3,180,349 $3,078,637 $285,886 $101,712
2021 $2,686,868 $2,750,191 $193,871 $-63,323
2020 $1,539,515 $1,408,128 $245,494 $131,387
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