Habitat for Humanity of Alamance Co (EIN 561597641) - 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

1988

Legal Domicile

Phone

3362228191

Tax Period

2024-07-01 to 2025-06-30

Habitat for Humanity of Alamance Co, founded in 1988, is a community nonprofit in the Housing & Shelter sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum.

Mission

Habitat for Humanity of Alamance County envisions a world where everyone in our community has a decent place to live. Habitat for Humanity of Alamance County is a non profit organization seeking to put Gods love into action by building simple, affordable, decent places to live.

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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 $299,265

Program Service Revenue $1,107,283

Investment Income $375

Other Revenue $589,817

TOTAL REVENUE $1,996,740

Expense Breakdown

Grants Paid $0

Salaries & Benefits $585,775

Fundraising Expenses $75,017

Program Expenses $1,820,778

Other Expenses $1,503,642

TOTAL EXPENSES $2,089,417

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,996,740	$1,415,297	+0.4%
Expenses	$2,089,417	$1,179,650	+0.8%
Net Income	$-92,677	$235,647	-1.4%

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
Jason Gaskin	Board Chair Emeritus	1.00	Director	$0	$0	$0
Mike Harris	Member	1.00	Director	$0	$0	$0
Cathy Lamb	Board Chair	1.00	Officer	$0	$0	$0
Remond Wells	Treasurer	1.00	Officer	$0	$0	$0
Lakeisha Vance	Secretary	1.00	Officer	$0	$0	$0
Patricia Morales	President	40.00	Key Emp	$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	$1,996,740	$2,089,417	$3,337,177	$-92,677
2024	$1,415,297	$1,179,650	$3,055,311	$235,647
2023	$1,791,820	$1,908,922	$2,788,535	$-117,102
2022	$1,395,132	$1,623,063	$2,924,563	$-227,931
2021	$1,392,053	$1,331,522	$3,237,863	$60,531
2020	$1,710,595	$1,800,740	$3,116,360	$-90,145
2019	$1,587,060	$1,741,456	$2,998,401	$-154,396
2018	$1,806,378	$1,739,831	$3,211,441	$66,547

Habitat for Humanity of Alamance Co