JOSEPH'S HOUSE INC

EIN: 521693018 501(c)(3) Health Care

WASHINGTON, DC

Total Revenue
$1,915,821
Total Expenses
$1,585,958
Total Assets
$2,202,903
Net Assets
$1,709,341
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
DC
Principal Officer
KOWSHARA THOMAS
Phone
2023289161
Tax Period
2023-10-01 to 2024-09-30

JOSEPH'S HOUSE INC, founded in 1990, is a community nonprofit in the Health Care sector that reported $1.9M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $330K, a strong 17% operating margin.

Mission

TO CREATE A HOME AND COMMUNITY FOR HOMELESS MEN AND WOMEN LIVING WITH HIV IN THE DISTRICT OF COLUMBIA, TO PROVIDE HEALTH CARE AND RELATED SERVICES TO RESIDENTS IN THE HOUSE; TO COORDINATE THOSE SAME SERVICES FOR SOME FORMER RESIDENTS, AND TO EDUCATE THE PUBLIC ON THE NEEDS OF HOMELESS MEN AND WOMEN LIVING WITH AND DYING FROM HIV/AIDS. THE JOSEPH'S HOUSE COMMUNITY PROVIDES AND COORDINATES HOLISTIC CARE FOR HOMELESS ADULTS LIVING WITH HIV/AIDS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,745,562
Program Service Revenue $10,233
Investment Income $2,891
Other Revenue $157,135
TOTAL REVENUE $1,915,821

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,086,792
Fundraising Expenses $73,482
Program Expenses $1,294,624
Other Expenses $499,166
TOTAL EXPENSES $1,585,958

Year-over-Year Comparison

2023 2022 Change
Revenue $1,915,821 $1,682,667 +0.1%
Expenses $1,585,958 $1,398,159 +0.1%
Net Income $329,863 $284,508 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
28
Volunteers
12

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
$118,480
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KOWSHARA THOMAS EXECUTIVE DI 40.00
Officer
$118,480 $0 $118,480
NICOLE BAILEY BOARD MEMBER 1.00
Director
$0 $0 $0
TRACY CECIL SECRETARY 1.00
Officer Director
$0 $0 $0
WILL COLE BOARD MEMBER 1.00
Director
$0 $0 $0
SARI FRANKEL BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH HENN BOARD MEMBER 1.00
Director
$0 $0 $0
ALICIA HORTON VICE PRESIDE 1.00
Officer Director
$0 $0 $0
BRIAN MULBACH BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES RITMAN TREASURER 1.00
Officer Director
$0 $0 $0
NANA SARPONG BOARD MEMBER 1.00
Director
$0 $0 $0
KIRAN SREENIVAS BOARD MEMBER 1.00
Director
$0 $0 $0
ANDRE STRICKLAND BOARD MEMBER 1.00
Director
$0 $0 $0
NIKHIL VASHEE PRESIDENT 1.00
Officer Director
$0 $0 $0
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 $1,915,821 $1,585,958 $2,202,903 $329,863
2023 $1,682,667 $1,398,159 $1,600,096 $284,508
2022 $1,386,482 $1,385,166 $1,733,208 $1,316
2021 $1,670,495 $1,509,722 $1,561,380 $160,773
2020 $1,579,068 $1,532,750 $1,383,868 $46,318
2019 $1,599,889 $1,574,981 $1,151,713 $24,908
2018 $1,412,894 $1,484,175 $1,260,545 $-71,281
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