Destination Home Sv
- Assets
- $71.6m
- Revenue
- $46.3m
- Investments
- $0.0
- Employees
- 28
- Location
- Mountain View, CA
- Founding
- 07/2018
- Data as of
- 12/2021
- EIN
- 82-3353174
Organization Overview
Destination Home Sv is located in Mountain View, CA. The organization was established in 2018. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Destination Home Sv employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Destination Home Sv is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Destination Home Sv has awarded 119 individual grants totaling $72,374,007. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DESTINATION: HOME'S MISSION IS TO MAKE HOMELESSNESS RARE, BRIEF, AND NON-RECURRING IN SANTA CLARA COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HUMAN SERVICES: PROGRAMS AND SERVICES THAT PROVIDE DIRECT BENEFITS TO CLIENTS WHO ARE HOMELESS OR AT-RISK OF HOMELESSNESS.
HOUSING AND TRANSPORTATION: ACTIVITIES THAT INCREASE THE PRODUCTION AND SUPPLY OF DEEPLY AFFORDABLE AND SUPPORTIVE HOUSING.
WORKFORCE DEVELOPMENT: SERVICES THAT SUPPORT THE DEVELOPMENT OF LIVING-WAGE EMPLOYMENT OPPORTUNITIES FOR HOMELESS AND FORMERLY HOMELESS INDIVIDUALS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $6,196,333 |
| Government grants | $9,842,710 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,587,406 |
| Noncash contributions included in lines 1a–1f | $7,106,349 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,626,449 |
| Total Program Service Revenue | $87,142 |
| Investment income | $578,481 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $57,474 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $46,349,546 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $21,812,026 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $930,727 |
| Compensation of current officers, directors, key employees. | $116,151 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,447,724 |
| Pension plan accruals and contributions | $23,338 |
| Other employee benefits | $95,290 |
| Payroll taxes | $141,528 |
| Fees for services: Management | $304,054 |
| Fees for services: Legal | $5,490 |
| Fees for services: Accounting | $3,301 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $44,453 |
| Fees for services: Other | $253,760 |
| Advertising and promotion | $74,855 |
| Office expenses | $21,796 |
| Information technology | $86,403 |
| Royalties | $0 |
| Occupancy | $175,158 |
| Travel | $130 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $101,226 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,669 |
| All other expenses | $0 |
| Total functional expenses | $32,128,037 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,000 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,372,436 |
| Accounts receivable, net | $417,090 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $47,192,265 |
| Investments—other securities | $0 |
| Investments—program-related | $18,647,068 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $71,636,859 |
| Accounts payable and accrued expenses | $430,340 |
| Grants payable | $331,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $761,340 |
| Net assets without donor restrictions | $65,559,714 |
| Net assets with donor restrictions | $5,315,805 |
| 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 | $71,636,859 |
Grants Awarded
Over the last fiscal year, Destination Home Sv has awarded $21,757,904 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
San Jose, CA PURPOSE: Human Services | $16,482,417 |
Menlo Park, CA PURPOSE: Workforce Development | $615,415 |
San Jose, CA PURPOSE: Human Services | $413,380 |
SANTA CLARA COUNTY OFFICE OF SUPPORTIVE HOUSING PURPOSE: Housing and Transportation | $400,000 |
San Jose, CA PURPOSE: Human Services | $388,408 |
San Jose, CA PURPOSE: Human Services | $268,119 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Destination Home Sv has recieved totaling $372,779.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $270,250 |
Bright Funds Foundation San Jose, CA PURPOSE: GENERAL PURPOSE | $35,894 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $19,635 |
Servant Foundation Overland Park, KS PURPOSE: COMMUNITY DEVELOPMENT | $12,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Quality Development And Construction Inc Irvine, CA | $24,286,567 | $62,299,106 |
The Jewish Home And Senior Living Foundation San Francisco, CA | $68,076,852 | $10,222,778 |
Destination Home Sv Mountain View, CA | $71,636,859 | $46,349,546 |
Montecedro Inc Monrovia, CA | $191,107,434 | $25,965,819 |
Irvine Campus Housing Authority Irvine, CA | $90,291,490 | $26,674,526 |
Jewish Senior Living Group San Francisco, CA | $2,756,319 | $9,175,842 |
Mmm East Inc San Francisco, CA | $118,949,023 | $7,931,673 |
Covia Foundation Glendale, CA | $0 | $7,791,148 |
Housing Promise Corporation Los Angeles, CA | $717,273 | $717,273 |
Claremont Investment Management Company Claremont, CA | $1,000 | $4,500,473 |
Bridge Community Impact San Francisco, CA | $8,316,284 | $4,579,229 |
Cedarsinai Park Foundation Portland, OR | $11,831,059 | $2,143,357 |