HABITAT FOR HUMANITY IN NASSAU COU… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

MYRNISSA STONE

Phone

6319244966

Tax Period

2021-07-01 to 2022-04-04

HABITAT FOR HUMANITY IN NASSAU COUNTY NEW YORK, founded in 1992, is a small nonprofit that reported $400K in total revenue in fiscal year 2021. Revenue surged 181% from the prior year, signaling strong growth momentum. The organization ran a surplus of $127K, a strong 32% operating margin.

Mission

THE MISSION OF HABITAT FOR HUMANITY IN NASSAU COUNTY, NY IS TO PROVIDE DECENT AFFORDABLE HOUSING FOR QUALIFYING FAMILIES IN NASSAU COUNTY, NEW YORK.

Program Service Accomplishments

Program 1

Expenses: $139,309 Revenue: $280,768

PROVIDE AFFORDABLE HOUSING FOR THOSE IN NEED - HABITAT FOR HUMANITY IN NASSAU COUNTY, NY BUILDS AND RENOVATES HOMES IN NASSAU COUNTY, NEW YORK, UTILIZING VOLUNTEER LABOR, DONATED MATERIALS, AND...

PROVIDE AFFORDABLE HOUSING FOR THOSE IN NEED - HABITAT FOR HUMANITY IN NASSAU COUNTY, NY BUILDS AND RENOVATES HOMES IN NASSAU COUNTY, NEW YORK, UTILIZING VOLUNTEER LABOR, DONATED MATERIALS, AND CONTRIBUTED FUNDS. THOSE HOMES ARE THEN SOLD TO PRE-QUALIFIED, LOW-INCOME FAMILIES AT COST. EACH FAMILY IS REQUIRED TO OBTAIN A FIRST MORTGAGE THROUGH AN INSTITUTIONAL LENDER FOR A SUBSIDIZED MORTGAGE AMOUNT AT 0% - 2% INTEREST, FORGIVABLE AFTER 30 YEARS. A SECOND MORTGAGE IS HELD AGAINST THE HOME BY HABITAT FOR HUMANITY IN NASSAU COUNTY, NY, FORGIVABLE AFTER A PERIOD OF 30 YEARS.

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Trantor Score

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

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

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $114,877

Program Service Revenue $280,768

Investment Income $20

Other Revenue $4,500

TOTAL REVENUE $400,165

Expense Breakdown

Grants Paid $0

Salaries & Benefits $132,521

Fundraising Expenses $3,702

Program Expenses $139,309

Other Expenses $140,457

TOTAL EXPENSES $272,978

Year-over-Year Comparison

	2021	2020	Change
Revenue	$400,165	$142,618	+1.8%
Expenses	$272,978	$442,913	-0.4%
Net Income	$127,187	$-300,295	-1.4%

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

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

$138,522

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER HAYES	TREASURER	5.00	Officer Director	$0	$0	$0
ELSIE-CAROLE ROSSI	BOARD MEMBER	1.00	Director	$0	$0	$0
MATTHEW NIKRAVESH	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSEPH MARTIN	BOARD MEMBER	1.00	Director	$0	$0	$0
RACHEL GILBERT	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL HALPERIN	PRESIDENT	5.00	Officer Director	$0	$0	$0
ROBERT MCLAUGHLIN	BOARD MEMBER	1.00	Director	$0	$0	$0
CAY SHANNON	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT SHANNON	BOARD MEMBER	1.00	Director	$0	$0	$0
AUTUMN BEHM	BOARD MEMBER	1.00	Director	$0	$0	$0
MYRNISSA A STONE-SUMAIR	EXECUTIVE DIRECTOR	40.00	Officer	$138,522	$0	$138,522

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
2022	$400,165	$272,978	No data	$127,187
2021	$142,618	$442,913	$1,250,433	$-300,295
2020	$295,565	$439,357	$1,408,021	$-143,792
2019	$564,074	$378,939	$1,430,769	$185,135
2018	$264,023	$318,606	$1,161,681	$-54,583

HABITAT FOR HUMANITY IN NASSAU COUNTY NEW YORK