HABITAT FOR HUMANITY INC

EIN: 341864802 501(c)(3)

Findlay, OH

Total Revenue
$3,377,062
Total Expenses
$2,723,675
Total Assets
$6,107,406
Net Assets
$5,115,307
🔒

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
1999
Legal Domicile
OH
Principal Officer
Wendy McCormick
Phone
4194291400
Tax Period
2024-01-01 to 2024-12-31

HABITAT FOR HUMANITY INC, founded in 1999, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2024. The organization ran a surplus of $653K, a strong 19% operating margin.

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.

Program Service Accomplishments

Program 1
Expenses: $886,130 Revenue: $559,583

(Code: 531390) Home Ownership (Building Program) - This program provides families in need of a decent place to live with safe and affordable housing in partnership with the organization. Habitat...

Read more

(Code: 531390) Home Ownership (Building Program) - This program provides families in need of a decent place to live with safe and affordable housing in partnership with the organization. Habitat houses are modestly sized and large enough for the homeowner's needs but small enough to keep construction and maintenance costs affordable to the family. Each family provides a set number of Sweat Equity Hours during the construction process along with community volunteers and employing efficient building methods and keeping the house sized correctly keeping construction cost as low as possible which in turn makes its houses affordable to low-income families to purchase through no profit loans. Affordable homeownership helps create conditions that free households of instability, stress and fear and encourage self-reliance and confidence. During 2024 the organization provided new housing for 4 families.

Program 2
Expenses: $621,964 Revenue: $33,224

(Code: 455000) ReStore Operations - Includes miscellaneous donations, proceeds from sale of scrap, restocking & delivery fees from ReStore.

Program 3
Expenses: $297,400 Revenue: $0

Financial Opportunity Center (FOC) - This program provides counseling, financial counseling and employment coaching to help individuals achieve their goals. These goals can include increasing income...

Read more

Financial Opportunity Center (FOC) - This program provides counseling, financial counseling and employment coaching to help individuals achieve their goals. These goals can include increasing income, reducing expenses, building credit or acquiring assets such as becoming eligible to qualify for the Home Ownership program. FOC services are available to anyone, free of charge, and regardless of income, socioeconomic status, criminal history, recovery, etc.. In 2024 395+ clients were counseled or are currently enrolled in the program.

🔒

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 $2,586,601
Program Service Revenue $712,422
Investment Income $74,220
Other Revenue $3,819
TOTAL REVENUE $3,377,062

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,002,871
Fundraising Expenses $94,398
Program Expenses $2,374,196
Other Expenses $1,720,804
TOTAL EXPENSES $2,723,675

Year-over-Year Comparison

2024 2023 Change
Revenue $3,377,062 $3,371,517 +0.0%
Expenses $2,723,675 $2,630,844 +0.0%
Net Income $653,387 $740,673 -0.1%
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
17
Independent Members
17
Employees
36
Volunteers
812

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
5
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kelly Croy President / Executive Committee 2
Officer Director
$0 $0 $0
Kristin Day Vice President / Executive Committee 2
Officer Director
$0 $0 $0
Dan Kendrick Treasurer / Executive Committee 2
Officer Director
$0 $0 $0
Karl Heminger Board Development/Executive Committee 2
Director
$0 $0 $0
Scott Rhodes Past Board President/Executive Committee 2
Director
$0 $0 $0
Bret Spaeth Attorney / Executive Committee 2
Director
$0 $0 $0
GiGi Mason Human Resources / Executive Committee 2
Director
$0 $0 $0
Gene Fernandez At large / Executive Committee 2
Director
$0 $0 $0
Jim Reneau Repair Program 1
Director
$0 $0 $0
Anne Diehl Family Services 1
Director
$0 $0 $0
Vacant Finance 1
Director
$0 $0 $0
Joe Ernst Church Relations 1
Director
$0 $0 $0
Vacant Public Relations 1
Director
$0 $0 $0
Cheryl Sterling Site Selection 1
Director
$0 $0 $0
Vacant Fundraising 1
Director
$0 $0 $0
Mike Bailey Construction 1
Director
$0 $0 $0
Debra Lee Volunteer Coordination 1
Director
$0 $0 $0
Aaron Cheney At large member 1
Director
$0 $0 $0
Andrea Pickens ReStore 1
Director
$0 $0 $0
Brian Akin Secretary/Executive Committee 1
Officer Director
$0 $0 $0
Wendy McCormick Executive Director 40
Officer 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
2024 $3,377,062 $2,723,675 $6,107,406 $653,387
2023 $4,213,267 $3,472,594 $5,476,561 $740,673
2022 $3,562,768 $3,091,035 $4,780,030 $471,733
2021 $2,377,926 $1,633,392 $4,305,314 $744,534
2020 $1,746,479 $1,172,594 $3,687,750 $573,885
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HABITAT FOR HUMANITY INC with other nonprofits in Ohio and across the country.