Habitat for Humanity - Spokane

EIN: 943066722 501(c)(3) Housing & Shelter

Spokane, WA

Total Revenue
$12,388,726
Total Expenses
$10,142,729
Total Assets
$17,634,100
Net Assets
$11,347,505
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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
WA
Principal Officer
Michelle Girardot
Phone
5095342552
Tax Period
2024-07-01 to 2025-06-30

Habitat for Humanity - Spokane, founded in 1987, is a mid-sized nonprofit in the Housing & Shelter sector that reported $12.4M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.2M, a strong 18% operating margin.

Mission

Seeking to put God's love into action, Habitat for Humanity brings people together to build homes, communities and hope to realize our vision of a world where everyone has a decent place to live. Habitat for Humanity-Spokane adheres to a strict non-proselytizing policy and will not base an offer of assistance on the expressed or implied condition that people adhere to or convert to a particular faith or listen and respond to messaging designed to induce conversion to a particular faith.

Program Service Accomplishments

Program 1
Expenses: $7,990,258 Revenue: $5,937,264

Home Building:Families in need of a decent place to live build safe and affordable homes in partnership with us. Habitat houses are modestly sized. They are large enough for the homeowner family's...

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Home Building:Families in need of a decent place to live build safe and affordable homes in partnership with us. Habitat houses are modestly sized. They are large enough for the homeowner family's needs, but small enough to keep construction and maintenance costs affordable. By using the labor of volunteers and prospective homeowners, employing efficient building methods, keeping house sizes modest, using donated construction materials and appliances, Habitat makes its houses affordable for low-income families to purchase. Affordable homeownership helps create the conditions that free families from instability, stress and fear and encourage self-reliance and confidence. (Continued on Schedule O)Studies show that strong and stable households are foundational to child development and growth. When a home fosters instead of hinders health and safety, families can flourish. Owning an affordable home also allows homeowners to lift their entire family by saving for their futures and investing in educational opportunities, bolstering job opportunities and long-term career growth. In fiscal year 2025, Habitat for Humanity-Spokane (HFHS) accomplished 31.6 housing solutions for low-income families and had 27 homes under construction at the end of the FY. Locally, 23 families moved into new or rehabilitated homes throughout Spokane County. In addition, 7 homes were built globally through Habitat's tithing program, to which HFHS contributed $40,500 to support safe, healthy, decent, affordable housing internationally.

Program 2
Expenses: $643,469 Revenue: $1,423

Habitat Store:In Spokane, operating one Habitat Store provided an outlet for manufacturers, contractors, and individuals to donate surplus building materials and home furnishings for resale, thus...

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Habitat Store:In Spokane, operating one Habitat Store provided an outlet for manufacturers, contractors, and individuals to donate surplus building materials and home furnishings for resale, thus diverting 1,555,066 lbs., or 778 tons of materials from landfills in FY 2025. These products were made available to the public and other associated affordable housing providers, resulting in a sales revenue of $1.17M.

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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 $6,454,814
Program Service Revenue $5,041,994
Investment Income $7,503
Other Revenue $884,415
TOTAL REVENUE $12,388,726

Expense Breakdown

Grants Paid $40,500
Salaries & Benefits $2,555,783
Fundraising Expenses $769,586
Program Expenses $8,633,727
Other Expenses $7,546,446
TOTAL EXPENSES $10,142,729

Year-over-Year Comparison

2024 2023 Change
Revenue $12,388,726 $11,192,796 +0.1%
Expenses $10,142,729 $6,771,065 +0.5%
Net Income $2,245,997 $4,421,731 -0.5%
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
14
Independent Members
14
Employees
44
Volunteers
1050

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
8
$286,589
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James Numata Board Chair 2.00
Officer Director
$0 $0 $0
William Lenz Board Vice Chair 2.00
Officer Director
$0 $0 $0
Laura Hamilton Board Vice Chair (Until 12/24) 1.00
Officer Director
$0 $0 $0
Scott Rabe Board Secretary (As of 1/25) 2.00
Officer Director
$0 $0 $0
Robert Butterfield Board Treasurer 2.00
Officer Director
$0 $0 $0
Gerald Winkler Board Treasurer (Until 12/24) 1.00
Officer Director
$0 $0 $0
Jeremiah Lemons Board Member 1.00
Director
$0 $0 $0
Aaron Luna Board Member 1.00
Director
$0 $0 $0
Michelle Reinkens Board Member 1.00
Director
$0 $0 $0
Saira H Russell Board Member 1.00
Director
$0 $0 $0
Latrice Williams Board Member 1.00
Director
$0 $0 $0
Christian Wright Board Member 1.00
Director
$0 $0 $0
Bryan Valley Board Member (As of 1/25) 1.00
Director
$0 $0 $0
Wayne Wasechek Board Member (As of 1/25) 1.00
Director
$0 $0 $0
Kandis Larsen Board Member (As of 1/25) 1.00
Director
$0 $0 $0
Lea Janagin Board Member (As of 1/25) 1.00
Director
$0 $0 $0
Richard Hobson Board Member (Until 12/24) 1.00
Director
$0 $0 $0
Celestina Barbosa-Leiker Board Member (Until 12/24) 1.00
Director
$0 $0 $0
Andy Barth Board Member (Until 12/24) 1.00
Director
$0 $0 $0
Michelle Girardot Chief Executive Officer 40.00
Officer
$145,596 $27,719 $173,315
Kathryn Solomon CFO (Until 6/25) 40.00
Officer
$97,656 $15,618 $113,274
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 $12,388,726 $10,142,729 $17,634,100 $2,245,997
2024 $11,192,796 $6,771,065 $16,651,925 $4,421,731
2023 $7,123,722 $6,390,160 $9,510,506 $733,562
2022 $6,994,226 $6,908,995 $8,447,142 $85,231
2021 $4,669,134 $4,114,182 $8,117,413 $554,952
2020 $4,371,327 $4,961,424 $7,161,263 $-590,097
2019 $2,664,450 $2,082,294 $7,680,160 $582,156
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