ASHEVILLE AREA HABITAT FOR HUMANITY INC (EIN 561363464) - 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

1983

Legal Domicile

Principal Officer

ROBERT L DALMAN

Phone

8282515702

Tax Period

2024-07-01 to 2025-06-30

ASHEVILLE AREA HABITAT FOR HUMANITY INC, founded in 1983, is a mid-sized nonprofit in the Housing & Shelter sector that reported $16.3M in total revenue in fiscal year 2024. Revenue surged 76% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.4M, a strong 27% operating margin.

Mission

SEEKING TO PUT GOD'S LOVE INTO ACTION, ASHEVILLE AREA HABITAT FOR HUMANITY BRINGS PEOPLE TOGETHER TO BUILD HOMES, COMMUNITIES AND HOPE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $11,928,113

Program Service Revenue $4,719,496

Investment Income $-118,047

Other Revenue $-223,083

TOTAL REVENUE $16,306,479

Expense Breakdown

Grants Paid $136,857

Salaries & Benefits $2,465,778

Fundraising Expenses $743,542

Program Expenses $10,773,146

Other Expenses $9,275,076

TOTAL EXPENSES $11,877,711

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,306,479	$9,266,494	+0.8%
Expenses	$11,877,711	$9,470,125	+0.3%
Net Income	$4,428,768	$-203,631	-22.7%

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

141

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

$228,428

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MYCHAL BACOATE	PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL DEMPSEY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JOE WARD	TREASURER	1.00	Officer Director	$0	$0	$0
MELISSA BANKS	SECRETARY	1.00	Officer Director	$0	$0	$0
BRAD OLSON	IMMEDIATE PAST PRESIDENT	1.00	Director	$0	$0	$0
JESSICA EADS	DIRECTOR	1.00	Director	$0	$0	$0
SPENCER HARDAWAY	DIRECTOR	1.00	Director	$0	$0	$0
KATHRYN MADISON	DIRECTOR	1.00	Director	$0	$0	$0
SIDNEY MASHBURN	DIRECTOR	1.00	Director	$0	$0	$0
STEVE MILLER	DIRECTOR	1.00	Director	$0	$0	$0
STACEY MILLETT	DIRECTOR	1.00	Director	$0	$0	$0
KARL PAYTON	DIRECTOR	1.00	Director	$0	$0	$0
LARRY PEEK	DIRECTOR	1.00	Director	$0	$0	$0
BRAD RICE	DIRECTOR	1.00	Director	$0	$0	$0
WES WRIGHT	DIRECTOR	1.00	Director	$0	$0	$0
TERRIE WILLIAMS PAST	DIRECTOR	1.00	Director	$0	$0	$0
L ANDREW BARNETT	EXECUTIVE DIRECTOR	40.00	Officer	$109,521	$9,054	$118,575
ROBERT DALMAN	FINANCE DIRECTOR	40.00	Officer	$101,161	$8,692	$109,853
CATHERINE RAINS	CHIEF RELATIONSHIPS OFFICER	40.00	Highest	$105,671	$6,566	$112,237

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	$16,306,479	$11,877,711	$41,610,024	$4,428,768
2024	$9,266,494	$9,470,125	$37,081,234	$-203,631
2023	$11,274,861	$8,991,463	$35,437,253	$2,283,398
2022	$14,468,662	$6,860,615	$33,681,181	$7,608,047
2021	$7,127,520	$5,882,093	$26,384,474	$1,245,427

ASHEVILLE AREA HABITAT FOR HUMANITY INC