HABITAT FOR HUMANITY 7 RIVERS MAINE 7 RIVERS MAINE

EIN: 010460969 501(c)(3)

TOPSHAM, ME

Total Revenue
$505,667
Total Expenses
$398,535
Total Assets
$2,164,236
Net Assets
$1,575,888
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
ME
Principal Officer
ADAM LACHER
Phone
2075049333
Tax Period
2023-07-01 to 2024-06-30

HABITAT FOR HUMANITY 7 RIVERS MAINE 7 RIVERS MAINE, founded in 1990, is a small nonprofit that reported $506K in total revenue in fiscal year 2023. Revenue fell 46% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $107K, a strong 21% operating margin.

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.

Program Service Accomplishments

Program 1
Expenses: $252,651 Revenue: $32,437

NEW HOME CONSTRUCTION AND WEATHERIZATION. COMPLETED WEATHERIZATION OF NUMEROUS HOMES IN PARTNERSHIP WITH LOCAL CHURCHES, CONGREGATIONS, VOLUNTEERS, AND LOCAL BUSINESSES.

Program 2
Revenue: $93,217

OPERATED "RESTORE", A RETAIL OPERATION, WHERE HOME FURNISHINGS, APPLIANCES AND OTHER MISCELLANEOUS ITEMS ARE DONATED AND SOLD TO THE COMMUNITY AT A GREATLY REDUCED PRICES. THE EXPENSES - $386,907 -...

Read more

OPERATED "RESTORE", A RETAIL OPERATION, WHERE HOME FURNISHINGS, APPLIANCES AND OTHER MISCELLANEOUS ITEMS ARE DONATED AND SOLD TO THE COMMUNITY AT A GREATLY REDUCED PRICES. THE EXPENSES - $386,907 - OFFSET SALES OF INVENTORY ON - $480,124 - ON PAGE 9 OF FORM 990 - LINE 10A AND 10B.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

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
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
17
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
4
$76,784
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
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
2025 No data No data No data No data
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
Explore More Nonprofits
→Top 100 Nonprofits in Maine →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HABITAT FOR HUMANITY 7 RIVERS MAINE 7 RIVERS MAINE with other nonprofits in Maine and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.