HABITAT FOR HUMANITY OF WEST BAY AND NORTHERN RHODE ISLAND INC

EIN: 050458404 501(c)(3)

CUMBERLAND, RI

Total Revenue
$328,426
Total Expenses
$130,742
Total Assets
$2,247,262
Net Assets
$2,222,510
🔒

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
1996
Legal Domicile
RI
Principal Officer
RICHARD MASNYK
Phone
4017326407
Tax Period
2024-07-01 to 2025-06-30

HABITAT FOR HUMANITY OF WEST BAY AND NORTHERN RHODE ISLAND INC, founded in 1996, is a small nonprofit that reported $328K in total revenue in fiscal year 2024. Revenue fell 53% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $198K, a strong 60% operating margin.

Mission

TO PROVIDE AFFORDABLE HOUSING AND FINANCING TO QUALIFIED FAMILIES.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $282,210
Program Service Revenue $4,920
Investment Income $26,671
Other Revenue $14,625
TOTAL REVENUE $328,426

Expense Breakdown

Grants Paid $0
Salaries & Benefits $93,335
Fundraising Expenses $0
Program Expenses $15,170
Other Expenses $37,407
TOTAL EXPENSES $130,742

Year-over-Year Comparison

2024 2023 Change
Revenue $328,426 $695,976 -0.5%
Expenses $130,742 $578,808 -0.8%
Net Income $197,684 $117,168 +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
11
Independent Members
11
Employees
1
Volunteers
95

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
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD MASNYK PRESIDENT 8.00
Officer Director
$0 $0 $0
GEORGE GIFFORD VICE PRESIDENT 8.00
Officer Director
$0 $0 $0
DEBRA STACEY SECRETARY 6.00
Officer Director
$0 $0 $0
CHRISTOPHER SPAGNOLE TREASURER 6.00
Officer Director
$0 $0 $0
LOUISE CARRIERE BOARD MEMBER 6.00
Director
$0 $0 $0
EARL MARSH BOARD MEMBER 5.00
Director
$0 $0 $0
DAMON ARPIN BOARD MEMBER 5.00
Director
$0 $0 $0
GARY LEFRANCOIS BOARD MEMBER 5.00
Director
$0 $0 $0
CLAUDIA ROCHA BOARD MEMBER 5.00
Director
$0 $0 $0
CRYSTAL RAVIELE BOARD MEMBER 5.00
Director
$0 $0 $0
NATHAN GREEN BOARD MEMBER 5.00
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
2025 $328,426 $130,742 $2,247,262 $197,684
2024 $695,976 $578,808 $2,029,711 $117,168
2023 $194,179 $91,161 $1,895,506 $103,018
2022 $462,544 $180,857 $1,762,399 $281,687
2021 $155,204 $66,044 $1,504,728 $89,160
2020 $394,393 $267,621 $1,592,260 $126,772
2019 $81,668 $66,526 $1,457,699 $15,142
Explore More Nonprofits
→Top 100 Nonprofits in Rhode Island →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HABITAT FOR HUMANITY OF WEST BAY AND NORTHERN RHODE ISLAND INC with other nonprofits in Rhode Island 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.