Habitat For Humanity International Inc
- Assets
- $1.2m
- Revenue
- $682.0k
- Investments
- $0.0
- Employees
- 11
- Location
- Sherman, TX
- Founding
- 01/1987
- Data as of
- 06/2022
- EIN
- 75-2391661
Organization Overview
Habitat For Humanity International Inc is located in Sherman, TX. The organization was established in 1987. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Habitat For Humanity International Inc employed 11 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Habitat For Humanity International Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Habitat For Humanity International Inc generated $682.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $764.0k during the year ending 06/2022. While expenses have increased by 13.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HABITAT FOR HUMANITY OF GRAYSON COUNTY IS A CHRISTIAN MINISTRY THAT BUILDS QUALITY, AFFORDABLE HOMES IN PARTNERSHIP WITH FAMILIES IN NEED.
Describe the Organization's Program Activity:
THE ORGANIZATION CONSTRUCTS AFFORDABLE HOME IN PARTNERSHIP WITH FAMILIES IN NEED, HELP FROM VOLUNTEERS, AND DONATIONS FROM COMMUNITY BUSINESSES. DURING THE YEAR ENDED JUNE 30, 2022, THE ORGANIZATION CONSTRUCTED 2 HOMES IN THE GRAYSON COUNTY, TEXAS AREA FOR QUALIFYING FAMILIES.
OTHER PROGRAMS/BRUSH WITH KIDNESS
THE ORGANIZATION ESTABLISHED A RESTORE LOCATION DURING FISCAL YEAR JUNE 30, 2018, THAT OPENED IN JULY 2018. THE RESTORE OPERATES 4 DAYS PER WEEK.
CONTRIBUTION OF A PORTION OF NON-RESTRICTED DONATIONS TO PARENT ORGANIZATION HABITAT FOR HUMANITY INTERNATIONAL FOR THE CONSTRUCTION OF AFFORDABLE HOUSING IN ECONOMICALLY DEPRESSED AREAS AROUND THE WORLD.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Kauffman President | OfficerTrustee | 2 | $0 |
Frank Ventura Vice President | OfficerTrustee | 1 | $0 |
Krystal Hutcheson Secretary | OfficerTrustee | 2 | $0 |
Steve Ramsey Treasurer | OfficerTrustee | 2 | $0 |
Richard Berry Trustee | Trustee | 1 | $0 |
William Bain Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $37,665 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $432,127 |
| Noncash contributions included in lines 1a–1f | $262,235 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $469,792 |
| Total Program Service Revenue | $202,169 |
| Investment income | $557 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$278 |
| Net Income from Fundraising Events | -$581 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,361 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $682,010 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $50,524 |
| Compensation of current officers, directors, key employees. | $3,031 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $166,544 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,300 |
| Payroll taxes | $16,727 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $159 |
| Advertising and promotion | $1,447 |
| Office expenses | $54,979 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $73,310 |
| Travel | $10,206 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $900 |
| Interest | $0 |
| Payments to affiliates | $18,100 |
| Depreciation, depletion, and amortization | $5,645 |
| Insurance | $13,767 |
| All other expenses | $0 |
| Total functional expenses | $763,979 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $218,486 |
| Savings and temporary cash investments | $173,964 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,613 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $534,174 |
| Inventories for sale or use | $220,421 |
| Prepaid expenses and deferred charges | $2,199 |
| Net Land, buildings, and equipment | $48,893 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $750 |
| Total assets | $1,208,500 |
| Accounts payable and accrued expenses | $28,695 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $105,970 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $134,665 |
| Net assets without donor restrictions | $1,053,323 |
| Net assets with donor restrictions | $20,512 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,208,500 |