Habitat for Humanity of Goldsboro-… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

Matthew Whittle

Phone

9197369592

Tax Period

2024-07-01 to 2025-06-30

Habitat for Humanity of Goldsboro-Wayne Inc, founded in 2001, is a community nonprofit in the Housing & Shelter sector that reported $2.6M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $439K, a strong 17% operating margin.

Mission

The vision of Habitat Goldsboro-Wayne is a community and a world in which everyone has a decent place to live. Our mission is to share Gods love by bringing people together to build homes, community and hope through affordable homeownership.

Program Service Accomplishments

Program 1

Expenses: $1,983,201 Revenue: $1,993,597

Habitat is an ecumenical Christian housing ministry partnering with community volunteers to assist families with a housing needs. Habitats primary program provides those families with homeownership opportunities in its service area. Since its inception in 2001, Habitat has completed more than 100 new homes. It seeks to build 6 or more homes per year. It sells the homes to pre-qualified, low- to moderate-income families who have actively participated in the construction process. Financing for new homeowners is layered to achieve affordability and includes third-party low-interest loans, interest-free Habitat loans, and forgivable down payment assistance loans. Habitat also provides home repairs for low- to moderate-income homeowners in its service area. Repairs are typically under 10,000 and are 75 subsidized by Habitat. Repayment of the remaining 25 is paid by the homeowner either upfront or over time but with no lien placed on the property.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $477,007

Program Service Revenue $1,993,597

Investment Income $6,891

Other Revenue $102,286

TOTAL REVENUE $2,579,781

Expense Breakdown

Grants Paid $0

Salaries & Benefits $543,539

Fundraising Expenses $39,847

Program Expenses $1,983,201

Other Expenses $1,597,419

TOTAL EXPENSES $2,140,958

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,579,781	$2,318,085	+0.1%
Expenses	$2,140,958	$2,223,488	0.0%
Net Income	$438,823	$94,597	+3.6%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

964

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

$86,552

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Matthew Whittle	Executive Director	040.00	Officer	$78,717	$7,835	$86,552
Janet Owle	Secretary	001.00	Officer Director	$0	$0	$0
Ayisha Razzak-Ellis	Vice President	000.50	Officer Director	$0	$0	$0
Kenneth Wessell	Exec. At-Large	000.50	Officer Director	$0	$0	$0
Mary Kay James	Treasurer	001.00	Officer Director	$0	$0	$0
Jacqui Filbeck	President	000.50	Officer Director	$0	$0	$0
Lee Albritton	Director	000.50	Director	$0	$0	$0
Demarcus Reid	Director	000.50	Director	$0	$0	$0
Lee Hulse	Director	000.50	Director	$0	$0	$0
Marcie Coley-Batts	Director	000.50	Director	$0	$0	$0
Kali Davis	Director	000.50	Director	$0	$0	$0
Helen Whitner	Director	000.50	Director	$0	$0	$0
Christopher Kornegay	Director	000.50	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
2025	$2,579,781	$2,140,958	$4,336,204	$438,823
2024	$2,318,085	$2,223,488	$3,867,631	$94,597
2023	$2,825,546	$1,664,224	$3,691,215	$1,161,322
2022	$1,020,007	$1,037,818	$2,637,324	$-17,811
2021	$1,018,349	$841,373	$2,576,090	$176,976
2020	$864,663	$696,044	$2,508,223	$168,619
2019	$766,255	$830,130	$2,340,280	$-63,875

Habitat for Humanity of Goldsboro-Wayne Inc