HABITAT FOR HUMANITY OF GREATER GARLAND INC

EIN: 752499430 501(c)(3) Community Improvement

GARLAND, TX

Total Revenue
$1,555,685
Total Expenses
$1,518,867
Total Assets
$1,889,460
Net Assets
$796,515
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
TX
Principal Officer
RICHARD L BUQUET II
Phone
9724146894
Tax Period
2024-01-01 to 2024-12-31

HABITAT FOR HUMANITY OF GREATER GARLAND INC, founded in 1993, is a community nonprofit in the Community Improvement sector that reported $1.6M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

HFHGG CONSTRUCTS AND REHABILITATES HOMES USING PRIMARILY VOLUNTEER LABOR AND SELLS THEM AT AN AFFORDABLE MORTGAGE TO LOW-INCOME FAMILIES. HFHGG ALSO PERFORMS CRITICAL HOME REPAIRS FOR VETERANS, ELDERLY, DISABLED, AND LOW-INCOME HOMEOWNERS.

Program Service Accomplishments

Program 1
Expenses: $328,809 Revenue: $109,639

CONSTRUCTION OF HOMES: THE ORGANIZATION SOLD 1 HOME IN 2024. NO HOMES WERE COMPLETED AND NO HOMES IN THE PROCESS OF REHABILITATION/REBUILDING AT THE END OF 2024. THERE WERE ALSO NO ADDITIONAL HOMES...

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CONSTRUCTION OF HOMES: THE ORGANIZATION SOLD 1 HOME IN 2024. NO HOMES WERE COMPLETED AND NO HOMES IN THE PROCESS OF REHABILITATION/REBUILDING AT THE END OF 2024. THERE WERE ALSO NO ADDITIONAL HOMES UNDER CONSTRUCTION IN COLLABORATION WITH THE GARLAND ISD BUILDING TRADES DEPARTMENT. THE ORGANIZATION HOLDS MORTGAGES ON MANY OF THE HOMES IT COMPLETES AND SELLS.

Program 2
Expenses: $637,505

CRITICAL REPAIRS: DURING 2024, THE ORGANIZATION ASSISTED 28 FAMILIES BY COMPLETING 34 CRITICAL REPAIRS ON 28 HOMES.

Program 3
Expenses: $312,003 Revenue: $391,723

OPERATION OF RESTORE FACILITY: BUILDING MATERIAL RECYCLING AND RETAIL CENTER WHICH SELLS NEW AND GENTLY USED HOME IMPROVEMENT PRODUCTS AND BUILDING MATERIALS TO THE GENERAL PUBLIC AT SUBSTANTIALLY...

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OPERATION OF RESTORE FACILITY: BUILDING MATERIAL RECYCLING AND RETAIL CENTER WHICH SELLS NEW AND GENTLY USED HOME IMPROVEMENT PRODUCTS AND BUILDING MATERIALS TO THE GENERAL PUBLIC AT SUBSTANTIALLY REDUCED COSTS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,034,153
Program Service Revenue $20,065
Investment Income $100,238
Other Revenue $401,229
TOTAL REVENUE $1,555,685

Expense Breakdown

Grants Paid $0
Salaries & Benefits $552,162
Fundraising Expenses $58,334
Program Expenses $1,293,152
Other Expenses $966,705
TOTAL EXPENSES $1,518,867

Year-over-Year Comparison

2024 2023 Change
Revenue $1,555,685 $1,403,655 +0.1%
Expenses $1,518,867 $1,373,769 +0.1%
Net Income $36,818 $29,886 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
24
Volunteers
250

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
5
$179,594
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSH KESTERSON CHAIRMAN 1.00
Officer Director
$0 $0 $0
CAMERON JOHNSON VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
BRIDGET WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
KEVIN SLAYTON TREASURER 1.00
Officer Director
$0 $0 $0
MERISA MARTINEZ-SANCHEW SECRETARY 1.00
Officer Director
$0 $0 $0
RICHARD L BUQUET II CEO/PRESIDENT 40.00
Officer
$171,856 $7,738 $179,594
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 $1,555,685 $1,518,867 $1,889,460 $36,818
2023 $1,403,655 $1,373,769 $1,897,320 $29,886
2022 $1,479,597 $1,163,280 $1,914,998 $316,317
2021 $1,009,886 $977,568 $1,682,576 $32,318
2020 $814,500 $958,257 $1,463,342 $-143,757
2019 $811,497 $825,172 $1,698,867 $-13,675
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