HABITAT FOR HUMANITY 7 RIVERS MAINE 7 RIVERS MAINE (EIN 010460969) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Principal Officer

ADAM LACHER

Phone

2075049333

Tax Period

2023-07-01 to 2024-06-30

HABITAT FOR HUMANITY 7 RIVERS MAINE 7 RIVERS MAINE is a 501(c)(3) with EIN 010460969, based in TOPSHAM, ME. Founded in 1990, the organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $505,667 in total revenue and $398,535 in total expenses, with net assets of $1,575,888.

Mission

HABITAT FOR HUMANITY/7 RIVERS MAINE SEEKS TO PROVIDE SAFE, SUSTAINABLE, AND AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES THROUGH NEW HOME CONSTRUCTION AND THE REPAIR AND WEATHERIZING OF EXISTING HOMES IN LINCOLN AND SAGADAHOC COUNTIES AND THE TOWN OF BRUNSWICK.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $302,879

Program Service Revenue $32,437

Investment Income $17,503

Other Revenue $152,848

TOTAL REVENUE $505,667

Expense Breakdown

Grants Paid $0

Salaries & Benefits $138,515

Fundraising Expenses $74,282

Program Expenses $252,651

Other Expenses $260,020

TOTAL EXPENSES $398,535

Year-over-Year Comparison

	2023	2022	Change
Revenue	$505,667	$938,718	-0.5%
Expenses	$398,535	$566,541	-0.3%
Net Income	$107,132	$372,177	-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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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

100

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

$76,784

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLOTTE KAPLAN	INTERM PRESIDENT	10.00	Officer Director	$0	$0	$0
BETH WOOD	TREASURER	10.00	Officer Director	$0	$0	$0
ANGELA HAMLIN	SECRETARY	10.00	Officer Director	$0	$0	$0
SHARON BROBST	DIRECTOR	5.00	Director	$0	$0	$0
LAUREL REGAN	DIRECTOR	5.00	Director	$0	$0	$0
NICOLE SAVAGE	DIRECTOR	5.00	Director	$0	$0	$0
ADAM LACHER	EXECUTIVE DIRECTOR	40.00	Officer	$76,784	$0	$76,784

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	$505,667	$398,535	$2,164,236	$107,132
2023	$938,718	$566,541	$2,063,434	$372,177
2022	$610,759	$306,347	$1,185,536	$304,412
2021	$614,876	$529,424	$988,197	$85,452
2020	$524,060	$495,392	$1,086,422	$28,668
2019	$286,687	$348,711	$919,388	$-62,024
2018	$569,691	$819,915	$1,032,859	$-250,224

HABITAT FOR HUMANITY 7 RIVERS MAINE 7 RIVERS MAINE