GREENWOOD AREA HABITAT FOR HUMANITY

🔒

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

1987

Legal Domicile

Principal Officer

STEPHEN BAGGETT JR

Phone

8642239399

Tax Period

2021-07-01 to 2022-06-30

GREENWOOD AREA HABITAT FOR HUMANITY, founded in 1987, is a small nonprofit in the Housing & Shelter sector that reported $440K in total revenue in fiscal year 2021. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $658K exceeded revenue, resulting in a 50% operating deficit.

Mission

GREENWOOD AREA HABITAT FOR HUMANITY, INC. SHALL SEEK TO SPONSOR SPECIFIC PROJECTS IN HABITAT DEVELOPMENT, STARTING WITH THE CONSTRUCTION OF MODEST BUT ADEQUATE HOUSING, AND TO ASSOCIATE WITH SOME GROUPS FUNCTIONING WITH PURPOSES CONSISTENT WITH THOSE LISTED BELOW, NAMELY: 1) TO WITNESS THE GOSPEL OF JESUS CHRIST THROUGHOUT THE WORLD BY WORKING IN COOPERATION WITH GOD'S PEOPLE IN NEED TO CREATE A BETTER HUMAN HABITAT IN WHICH TO LIVE AND WORK; 2) TO WITNESS TO THE GOSPEL OF JESUS CHRIST BY WORKING IN COOPERATION WITH OTHER AGENCIES AND GROUPS WHICH HAVE A KINDRED PURPOSE; 3) TO WITNESS TO THE GOSPEL OF JESUS CHRIST THROUGH LOVING ACTS AND THE SPOKEN AND WRITTEN WORD; AND 4) TO WITNESS TO THE GOSPEL OF JESUS CHRIST BY ENABLING AN EXPANDING NUMBER OF PERSONS FROM ALL WALKS OF LIFE TO PARTICIPATE IN THIS MINISTRY.

Program Service Accomplishments

Program 1

Expenses: $424,302 Revenue: $109,691

CONSTRUCTION OF DECENT, AFFORDABLE HOUSING FOR DESERVING CITIZENS OF GREENWOOD COUNTY. HOMES ARE FINANCED BY THE ORGANIZATION AND REQUIRE SWEAT EQUITY FROM THE HOMEOWNER.

🔒

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 (2021)

Revenue Breakdown

Contributions & Grants $313,449

Program Service Revenue $109,691

Investment Income $0

Other Revenue $16,668

TOTAL REVENUE $439,808

Expense Breakdown

Grants Paid $0

Salaries & Benefits $308,353

Fundraising Expenses $19,015

Program Expenses $424,302

Other Expenses $349,173

TOTAL EXPENSES $657,526

Year-over-Year Comparison

	2021	2020	Change
Revenue	$439,808	$729,143	-0.4%
Expenses	$657,526	$666,984	0.0%
Net Income	$-217,718	$62,159	-4.5%

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

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

$54,445

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN BAGGETT JR	EXECUTIVE DI	40.00	Officer	$54,445	$0	$54,445
MARK ASKEW	SECRETARY	N/A	Officer Director	$0	$0	$0
DONALD BURTON	DIRECTOR	N/A	Director	$0	$0	$0
DEBORAH DAY	DIRECTOR	N/A	Director	$0	$0	$0
MARY BALFOUR DUNLAP	DIRECTOR	N/A	Director	$0	$0	$0
WELLS DUNLAP	DIRECTOR	N/A	Director	$0	$0	$0
TONY HOPKINS	DIRECTOR	N/A	Director	$0	$0	$0
SALLY KAUFFMANN	DIRECTOR	N/A	Director	$0	$0	$0
KELLAR LAWRENCE	VICE CHAIR	N/A	Officer Director	$0	$0	$0
FURMAN SELF	DIRECTOR	N/A	Director	$0	$0	$0
PIERSCE SULLIVAN	DIRECTOR	N/A	Director	$0	$0	$0
ADA VELEZ-KERHOULAS	TREASURER	N/A	Officer Director	$0	$0	$0
VELMA WARDLAW	DIRECTOR	N/A	Director	$0	$0	$0
BRITTNEY WELLS	CHAIR	N/A	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
2022	$439,808	$657,526	$2,377,743	$-217,718
2021	$729,143	$666,984	$2,679,320	$62,159
2020	$816,266	$575,954	$2,718,024	$240,312
2019	$638,249	$741,169	$2,512,651	$-102,920
2018	$1,370,961	$694,440	$2,634,446	$676,521