MONTCALM COUNTY HABITAT FOR HUMANITY (EIN 383038229) - Form 990 Financial Analysis & Trantor Score

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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

1991

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

MONTCALM COUNTY HABITAT FOR HUMANITY, founded in 1991, is a small nonprofit that reported $294K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $350K exceeded revenue, resulting in a 19% operating deficit.

Mission

The mission of Montcalm County Habitat for Humanity is to improve lives in our community by building safe and affordable housing in partnership with Gods people.

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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 $49,583

Program Service Revenue $13,356

Investment Income $-2,555

Other Revenue $233,531

TOTAL REVENUE $293,915

Expense Breakdown

Grants Paid $0

Salaries & Benefits $186,225

Fundraising Expenses $0

Program Expenses $295,523

Other Expenses $164,213

TOTAL EXPENSES $350,438

Year-over-Year Comparison

	2023	2022	Change
Revenue	$293,915	$331,500	-0.1%
Expenses	$350,438	$320,728	+0.1%
Net Income	$-56,523	$10,772	-6.2%

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
BOB FERRENTINO	DIRECTOR	1.00	Director	$0	$0	$0
JOHN NORTON	DIRECTOR	1.00	Director	$0	$0	$0
MIKE KARPUS	DIRECTOR	1.00	Director	$0	$0	$0
NANCY KROESING	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN HOPPOUGH	DIRECTOR	1.00	Director	$0	$0	$0
JON ASHFORD	DIRECTOR	1.00	Director	$0	$0	$0
KAMEY HOWE	PRESIDENT	2.00	Officer Director	$0	$0	$0
MICHAEL ADAMS	EXECUTIVE DIRECTOR	0.00	Officer Director	$0	$0	$0
KEN WELLER	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
EVA CAIRNS	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID SEPPALA	TREASURER	2.00	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	$293,915	$350,438	$907,291	$-56,523
2023	$331,500	$320,728	$999,134	$10,772
2021	$274,920	$278,639	$889,229	$-3,719
2020	$286,916	$259,654	$894,343	$27,262
2018	$286,729	$250,926	$958,758	$35,803

MONTCALM COUNTY HABITAT FOR HUMANITY