HABITAT FOR HUMANITY OF BOONE COUNTY INC

EIN: 351620989 501(c)(3) Housing & Shelter

ZIONSVILLE, IN

Total Revenue
$2,124,342
Total Expenses
$1,401,389
Total Assets
$4,168,863
Net Assets
$3,443,881
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
IN
Principal Officer
JIM LAFAYETTE
Phone
7654835134
Tax Period
2024-01-01 to 2024-12-31

HABITAT FOR HUMANITY OF BOONE COUNTY INC, founded in 1984, is a community nonprofit in the Housing & Shelter sector that reported $2.1M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $723K, a strong 34% operating margin.

Mission

SEEKING TO PUT GOD'S LOVE INTO ACTION, HABITAT FOR HUMANITY OF BOONE COUNTY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES, AND HOPE TO REALIZE OUR VISION OF A WORLD WHERE EVERYONE HAS A DECENT PLACE TO LIVE. WE ARE DEDICATED TO PROVIDING FAIR AND EQUAL HOUSING TO OUR BOONE COUNTY COMMUNITY. WE ARE PROUD TO BE A LEADER IN BRINGING RACIAL EQUALITY THROUGH AFFORDABLE HOUSING TO OUR COUNTY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $896,992
Program Service Revenue $1,100,260
Investment Income $22,681
Other Revenue $104,409
TOTAL REVENUE $2,124,342

Expense Breakdown

Grants Paid $0
Salaries & Benefits $291,237
Fundraising Expenses $30,365
Program Expenses $1,191,939
Other Expenses $1,110,152
TOTAL EXPENSES $1,401,389

Year-over-Year Comparison

2024 2023 Change
Revenue $2,124,342 $2,498,560 -0.1%
Expenses $1,401,389 $1,500,541 -0.1%
Net Income $722,953 $998,019 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
8
Volunteers
992

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
6
$69,801
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHRYN MCGORMLEY BOARD MEMBER 1.00
Director
$0 $0 $0
JIM LAFAYETTE PRESIDENT 5.00
Officer Director
$0 $0 $0
DAN PUCK TREASURER 5.00
Officer Director
$0 $0 $0
SCOTT ROZZI SECRETARY 5.00
Officer Director
$0 $0 $0
CHRISTY TIDWELL FAMILY SERVIC. CHAIR 5.00
Officer Director
$0 $0 $0
BOB CLARK BOARD MEMBER 1.00
Director
$0 $0 $0
AMY BURCHAM BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE LOENEN BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE NOBIS BOARD MEMBER 1.00
Director
$0 $0 $0
JAMISON ROZZI VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
ELIZABETH QUA EXECUTIVE DIRECTOR 40.00
Officer
$69,801 $0 $69,801
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 $2,124,342 $1,401,389 $4,168,863 $722,953
2023 $2,498,560 $1,500,541 $3,528,742 $998,019
2022 $1,634,354 $1,198,277 $3,136,243 $436,077
2021 $1,259,777 $931,930 $2,822,297 $327,847
2020 $796,654 $647,232 $2,383,155 $149,422
2019 $941,351 $829,104 $2,214,573 $112,247
2018 $735,849 $742,126 $2,086,654 $-6,277
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