HABITAT FOR HUMANITY CAPE MAY COUN… - 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

1990

Legal Domicile

Principal Officer

DAVE HAMMOND

Phone

6096248544

Tax Period

2023-07-01 to 2024-06-30

HABITAT FOR HUMANITY CAPE MAY COUNTY INC, founded in 1990, is a small nonprofit that reported $789K in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $724K left a modest 8% surplus.

Mission

SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE TO REALIZE OUR VISION OF A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE. HABITAT FOR HUMANITY CAPE MAY COUNTY ADHERES TO A STRICT NON-PROSELYTIZING POLICY AND WILL NOT OFFER ASSISTANCE ON THE EXPRESSED OR IMPLIED CONDITION THAT PEOPLE MUST ADHERE TO OR CONVERT TO A PARTICULAR FAITH OR LISTEN AND RESPOND TO MESSAGING TO INDUCE CONVERSION TO A PARTICULAR FAITH.

Program Service Accomplishments

Program 1

Expenses: $535,707 Revenue: $908,715

HOMEOWNERSHIP PROGRAM - FAMILIES IN NEED OF A DECENT PLACE TO LIVE BUILD SAFE AND AFFORDABLE HOMES IN PARTNERSHIP WITH US. HABITAT HOUSES ARE MODESTLY SIZED. THEY ARE LARGE ENOUGH FOR THE HOMEOWNER FAMILY'S NEEDS, BUT SMALL ENOUGH TO KEEP CONSTRUCTION AND MAINTENACE COSTS AFFORDABLE. BY USING THE LABOR OF VOLUNTEERS AND PROSPECTIVE HOMEOWNERS, EMPLOYING EFFICIENT BUILDING METHODS, KEEPING HOUSE SIZES MODEST, USING DONATED CONSTRUCTION MATERIALS AND APPLIANCES, AND ISSUING NO-PROFIT LOANS, HABITAT MAKES ITS HOUSES AFFORDABLE FOR LOW-INCOME FAMILIES TO PURCHASE. AFFORDABLE OWNERSHIP HELPS CREATE THE CONDITIONS THAT FREE FAMILIES FROM INSTABILITY, STRESS AND FEAR AND ENCOURAGE SELF-RELIANCE AND CONFIDENCE. STUDIES SHOW THAT STRONG AND STABLE HOUSEHOLDS ARE FOUNDATIONAL TO CHILD DEVELOPMENT AND GROWTH. WHEN A HOME FOSTERS - INSTEAD OF HINDERS - HEALTH AND SAFETY, FAMILIES CAN FLOURISH. OWNING AN AFFORDABLE HOME ALSO ALLOWS HOMEOWNERS TO LIFT UP THEIR ENTIRE FAMILING BY SAVING FOR THEIR FUTURES AND INVESTING IN EDUCATIONAL OPPORTUNITIES, BOLSTER JOB OPPORTUNITIES AND CAREER GROWTH. DURING THE FISCAL YEAR 2023, HABITAT OF HUMANITY CAPE MAY COUNTY SERVED MANY FAMILIES THROUGH ITS HOMEOWNERSHIP PROGRAM.

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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 (2023)

Revenue Breakdown

Contributions & Grants $271,097

Program Service Revenue $163,905

Investment Income $17,792

Other Revenue $336,175

TOTAL REVENUE $788,969

Expense Breakdown

Grants Paid $0

Salaries & Benefits $197,776

Fundraising Expenses $5,601

Program Expenses $535,707

Other Expenses $526,442

TOTAL EXPENSES $724,218

Year-over-Year Comparison

	2023	2022	Change
Revenue	$788,969	$1,234,923	-0.4%
Expenses	$724,218	$1,056,082	-0.3%
Net Income	$64,751	$178,841	-0.6%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVE HAMMOND	PRESIDENT	1.00	Officer Director	$0	$0	$0
BRUCE LOVERSIDGE	TREASURER	1.00	Officer Director	$0	$0	$0
KAREN THOMPSON-MOORE	TRUSTEE	1.00	Director	$0	$0	$0
JOHN MARCELLIANO	SECRETARY	1.00	Officer Director	$0	$0	$0
BILL PATTON	TRUSTEE	1.00	Director	$0	$0	$0
QUANETTE VASSER MCNEAL	TRUSTEE	1.00	Director	$0	$0	$0
PAUL GUGLIELMI	TRUSTEE	1.00	Director	$0	$0	$0
LOUIS DELOLLIS	TRUSTEE	1.00	Director	$0	$0	$0
CHARINE HOLLOWAY	TRUSTEE	1.00	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	No data	No data	No data	No data
2024	$788,969	$724,218	$3,209,754	$64,751
2023	$1,234,923	$1,056,082	$3,205,528	$178,841
2022	$1,648,375	$1,188,746	$1,273,627	$459,629
2021	$931,013	$835,141	$992,686	$95,872
2020	$585,469	$684,919	$871,290	$-99,450
2019	$1,041,372	$1,087,806	$855,308	$-46,434
2018	$767,878	$843,045	$976,790	$-75,167

HABITAT FOR HUMANITY CAPE MAY COUNTY INC