Mount Vernon, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Skagit Habitat for Humanity, founded in 1994, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Net assets of $3.5M represent 24 months of operating reserves.
The organization partners with hard working people in need of affordable housing, by building and renovating houses in an effort to develop permanent, affordable homes for low income families within Skagit County. We also provide volunteer and learning opportunities for individuals.
With the support of construction volunteers serving in various capacities Skagit Habitat for Humanity is in the process of building 8 homes in Anacortes. The Homes will be completed by the end of...
With the support of construction volunteers serving in various capacities Skagit Habitat for Humanity is in the process of building 8 homes in Anacortes. The Homes will be completed by the end of 2025. We have resurrected our critical home repair program and have completed two home repairs. Through this process, training and mentoring is provided for members of the households and others in Skagit County ranging from financial management to home maintenance/repair, etc. The goal is to have individuals and families achieve long-term success in their homeownership and provide permanent affordable housing for the families and keep vulnerable populations in the homes that they own.
With the support of many volunteers serving in various capacities, Skagit Habitat for Humanity operates a thrift store selling used building material and household items. The Store has provided a...
With the support of many volunteers serving in various capacities, Skagit Habitat for Humanity operates a thrift store selling used building material and household items. The Store has provided a resource for the public, including builders, to donate and purchase usable materials. The Store raises funds to help sustain our programs as well as provides opportunities for individuals. We partner with agencies and individuals in and around Skagit County to provide work training to underserved individuals, providing learning opportunities for job training, evaluation, and valuable employable skill sets. The job training/evaluations allow individuals to gain experience in a retail and warehouse environment, with the expectation of leveraging this experience into future employment. We have expanded our paid staff through individuals from these programs.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,716,085 | $1,902,476 | -0.1% |
| Expenses | $1,841,772 | $1,570,363 | +0.2% |
| Net Income | $-125,687 | $332,113 | -1.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Allen Workman | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Tom Rose | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kari Kennedy | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Michelle Dever | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Wendy Johnson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Rebecca Bradley-Lowell | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Alan Macias | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Mariah Haney | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Josh Kelley | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Chris Swenson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Tina Tate | Chief Executive Officer | 40.00 |
Officer
|
$135,419 | $13,456 | $148,875 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,716,085 | $1,841,772 | $8,032,687 | $-125,687 |
| 2024 | $1,902,476 | $1,570,363 | $6,083,559 | $332,113 |
| 2023 | $1,236,978 | $1,298,342 | $3,507,254 | $-61,364 |
| 2022 | $1,431,436 | $1,624,680 | $3,341,101 | $-193,244 |
| 2021 | $1,430,569 | $755,293 | $3,656,872 | $675,276 |
| 2020 | $765,303 | $717,606 | $2,855,838 | $47,697 |
| 2019 | $1,132,347 | $728,215 | $2,698,646 | $404,132 |
| 2018 | $908,737 | $655,424 | $2,275,026 | $253,313 |
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