Tenfold
- Assets
- $11.0m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 96
- Location
- Lancaster, PA
- Founding
- 07/1972
- Data as of
- 06/2022
- EIN
- 23-1731792
Organization Overview
Tenfold is located in Lancaster, PA. The organization was established in 1972. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Tenfold employed 96 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tenfold is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Tenfold generated $6.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $6.4m during the year ending 06/2022. While expenses have increased by 11.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TENFOLD SPARKS THE POWER IN ALL PEOPLE TO ACHIEVE EQUITABLE HOUSING AND FINANCIAL SECURITY. WE ARE THE TRUSTED COMMUNITY PARTNER INNOVATIVELY BUILDING WEALTH AND ACHIEVING QUALITY, FAIR AND AFFORDABLE HOUSING FOR ALL, THROUGH PROACTIVE COACHING, EDUCATION, LENDING AND ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ANN B. BARSHINGER FINANCIAL EMPOWERMENT CENTER FOR LANCASTER COUNTY PROVIDES COMPREHENSIVE AND INTEGRATED FINANCIAL COUNSELING/COACHING AND EDUCATION SERVICES AND PROGRAMS DESIGNED TO EQUIP LANCASTER HOUSEHOLDS WITH THE KNOWLEDGE AND SKILLS NEEDED TO ACHIEVE SELF-SUFFICIENCY AND BUILD FINANCIAL STABILITY FOR THEIR FUTURE. THE FOLLOWING ARE COMPONENTS OF THE PROGRAM. THE PROGRAM INCLUDES SERVICES IN CONSUMER CREDIT COUNSELING, ASSET DEVELOPMENT, MORTGAGE COUNSELING, PREPURCHASE COUNSELING AND EDUCATION.
THE SUPPORTIVE HOUSING PROGRAM PROVIDES SERVICES TO INDIVIDUALS LIVING IN VARIOUS HOUSING MODELS OWNED BY THE ORGANIZATION. THIS INCLUDES LONG TERM RENTAL HOUSING, SHORT TERM HOUSING, AND PERMANENT HOUSING SOLUTIONS AS DESCRIBED BELOW.THE PROGRAM INCLUDES THE TLC PROGRAM, THE LIGHTHOUSE PROJECT, MARKET VIEW APARTMENTS, AND BETH SHALOM HOUSE.
THE HOMELESS AND RENTAL COUNSELING PROGRAM PROVIDES SERVICES AND SUPPORT FOR INDIVIDUALS AFTER PERMANENT HOUSING HAS BEEN OBTAINED TO ENSURE THE HOUSING IS MAINTAINED AND FINANCIALLY STABLE. THESE PROGRAMS ARE DESCRIBED BELOW.THE PROGRAM INCLUDES SHELTER TO INDEPENDENT LIVING, SUPPORTIVE HOUSING SERVICES, COMMUNITY HOMELESS ASSESSMENT AND REFERRAL TEAM, MENTAL HEALTH HOUSING PROGRAMS, COMMUNITY HOUSING SOLUTIONS, COMPREHENSIVE HOUSING ASSISTANCE PROGRAM AND THE HEARTHSIDE PROGRAM.
THE COMMUNITY DEVELOPMENT PROGRAM PROVIDES RESOURCES AND SERVICES TO INDIVIDUALS AND ORGANIZATIONS TO REVITALIZE LOCAL NEIGHBORHOODS IN ORDER TO PROVIDE SAFE, AFFORDABLE HOUSING. THE FOLLOWING IS A COMPONENT OF THE PROGRAM. THE PROGRAM INCLUDES SOWE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael F Mckenna CEO (ended 5/31/22) | Officer | 35 | $123,930 |
Shelby Nauman Cio, CEO | Officer | 35 | $96,252 |
Andrew Kehl Treasurer | OfficerTrustee | 1 | $0 |
Charity Welch Secretary | OfficerTrustee | 1 | $0 |
Abby Tucker Vice Chair | OfficerTrustee | 1 | $0 |
Jeff Scheuren Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $67,801 |
| Related organizations | $0 |
| Government grants | $3,678,871 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,257,960 |
| Noncash contributions included in lines 1a–1f | $158,517 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,004,632 |
| Total Program Service Revenue | $88,120 |
| Investment income | $33,468 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $153,852 |
| Net Gain/Loss on Asset Sales | $6,144 |
| Net Income from Fundraising Events | -$5,318 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,280,898 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,256,861 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $220,182 |
| Compensation of current officers, directors, key employees. | $220,182 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,585,935 |
| Pension plan accruals and contributions | $53,276 |
| Other employee benefits | $444,161 |
| Payroll taxes | $217,121 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $600,461 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $50,387 |
| Office expenses | $51,214 |
| Information technology | $80,486 |
| Royalties | $0 |
| Occupancy | $340,447 |
| Travel | $40,711 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,980 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $198,559 |
| Insurance | $39,047 |
| All other expenses | $0 |
| Total functional expenses | $6,375,367 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,321,159 |
| Savings and temporary cash investments | $1,663,279 |
| Pledges and grants receivable | $4,800 |
| Accounts receivable, net | $930,617 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,904,195 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $47,035 |
| Net Land, buildings, and equipment | $2,251,124 |
| Investments—publicly traded securities | $588,049 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $253,770 |
| Total assets | $10,964,028 |
| Accounts payable and accrued expenses | $353,086 |
| Grants payable | $0 |
| Deferred revenue | $422,878 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $90,092 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $624,005 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,490,061 |
| Net assets without donor restrictions | $7,924,354 |
| Net assets with donor restrictions | $1,549,613 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,964,028 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Tenfold has recieved totaling $736,992.
| Awarding Organization | Amount |
|---|---|
York County Community Foundation York, PA PURPOSE: YORK RENTAL STABILITY PROGRAM | $376,466 |
Lancaster County Community Foundation Lancaster, PA PURPOSE: DESIGNATED FOR GENERAL OPERATING SUPPORT, CBO CAPACITY BUILDING PROGRAM, BALDWIN LEADERSHIP PROGRAM, BETH SHALOM PROGRAM, CBO FISCAL SPONSORSHIP, PASSION GRANT | $192,635 |
American Endowment Foundation Hudson, OH PURPOSE: HUMAN SERVICE | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $26,600 |
Community Aid Inc Mechanicsburg, PA PURPOSE: TO SUPPORT NON-PROFIT PARTNERS SERVING OUR LOCAL COMMUNITY. | $25,000 |
Pryor E Arlene R Neuber Charitable Tr Pittsburgh, PA PURPOSE: COLUMBIA PA SERVICE PROGRAM | $20,000 |
Endowment Analysis
| Beg. Balance | $347,059 |
| Earnings | -$47,432 |
| Ending Balance | $299,627 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dogwood Housing Inc North Bethesda, MD | $86,669,090 | $22,202,788 |
The Center For New York City New York, NY | $125,177,702 | $23,546,233 |
Village At Marymount Garfield Heights, OH | $5,352,973 | $16,703,874 |
Wellspan Properties Inc York, PA | $178,389,137 | $19,225,192 |
Rebecca Residence Allison Park, PA | $63,370,668 | $20,665,205 |
Alliance For Behavioral & Developmental Disabilities Ltd Hermitage, PA | $7,380,317 | $14,591,071 |
Building Homes For Heroes Inc Island Park, NY | $15,491,113 | $13,729,241 |
Taconic Innovations Inc Wappingers Falls, NY | $14,026,966 | $12,196,980 |
National Foundation For Affordable Housing Solutions Inc North Bethesda, MD | $263,616,606 | $53,198,670 |
The Crenulated Company Ltd New York, NY | $9,182,171 | $10,442,755 |
Magnolia Housing Inc North Bethesda, MD | $6,233,975 | $1,178,678 |
Civic Builders Inc New York, NY | $87,716,137 | $21,789,241 |