Overview
What is Habitat For Humanity Of Forsyth County Inc?
Habitat for Humanity of Forsyth County Inc is a dedicated nonprofit organization, located in Winston-Salem, North Carolina. Their primary mission is to provide affordable housing solutions for families in need by constructing safe and reasonably-sized homes. This is achieved through volunteer labor, efficient building methods, the use of donated materials, and low-interest loans. By doing so, Habitat for Humanity helps families achieve stability, self-reliance, and confidence, fostering a positive impact on child development and growth. In addition, the organization offers financial and homebuyer education programs, financial literacy workshops for youth, and performs repairs for low-income homeowners who cannot afford the necessary repairs. The nonprofit also operates a retail establishment, selling donated materials and furniture to the public. Habitat for Humanity of Forsyth County adheres to a strict non-proselytizing policy, ensuring that assistance is provided without any religious conditions. During fiscal year 2021, the organization served 10 families through its homeownership program and completed 10 repairs for senior homeowners.
Official website here: www.habitatforsyth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98%, Four-Star out of Four Star Rating
Habitat For Humanity Of Forsyth County Inc has achieved a remarkable score of 98% from Charity Navigator, reflecting its strong accountability and financial health. This rating is indicative of the organization’s commitment to transparency and effective management, as evidenced by the perfect scores in independent board member governance and the absence of material diversion of assets. The organization’s comprehensive policies, including conflict of interest and whistleblower protections, further bolster its credibility.
Financially, the nonprofit demonstrates a solid program expense ratio of 87.96%, indicating that a significant portion of its resources is directed toward its mission rather than administrative costs. The organization also maintains a healthy liabilities to assets ratio of 32.83%, which suggests prudent financial management practices. Additionally, its fundraising efficiency remains strong, with only $0.07 spent to raise each dollar.
While the organization excels in many areas, the fundraising efficiency ratio could potentially be improved. However, the overall financial indicators and governance practices suggest that Habitat For Humanity Of Forsyth County Inc is effectively utilizing its resources to support its mission and maintain long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Habitat For Humanity Of Forsyth County Inc?
86% of 48 reviewers on Facebook recommend Habitat For Humanity of Forsyth County Inc. Here is a summary of their reviews:
Many volunteers express a deep appreciation for the supportive and friendly atmosphere experienced during their time with the organization. Reviewers frequently highlight the kindness and helpfulness of the staff and fellow volunteers, which contributes to a welcoming environment. Individuals are eager to return, indicating a positive impression of their volunteering experience.
Overall, the sentiment surrounding this nonprofit is quite positive, with a strong inclination towards recommending it to others. The organization appears to effectively foster community spirit and engagement, making it a rewarding place for those looking to give their time.
This AI summary has been generated from reviews found on Facebook.
Is Habitat For Humanity Of Forsyth County Inc legitimate?
Habitat For Humanity Of Forsyth County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Of Forsyth County Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $104,998
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,956,539
For more financial information, click here
Official website here: www.habitatforsyth.org
What is the mission statement of Habitat For Humanity Of Forsyth County Inc?
Habitat for Humanity of Forsyth County Inc's mission is centered around putting God's love into action. They aim to bring people together to construct homes, communities, and a sense of hope, working towards a world where everyone has access to a decent living space. The organization adheres to a strict non-proselytizing policy, ensuring that assistance is not contingent upon an individual's faith or conversion to a specific religion. Habitat for Humanity of Forsyth County Inc's activities are focused on realizing this vision, promoting unity and dignity through housing solutions.
Official website here: www.habitatforsyth.org
Who is the CEO of Habitat For Humanity Of Forsyth County Inc?
George Redd is the Principal Officer of Habitat For Humanity Of Forsyth County Inc.
Official website here: www.habitatforsyth.org
What is the revenue of Habitat For Humanity Of Forsyth County Inc?
Habitat For Humanity Of Forsyth County Inc's revenue in 2022 was $5,823,081.
Official website here: www.habitatforsyth.org
Who are the executives of Habitat For Humanity Of Forsyth County Inc and what are their salaries?
The average compensation at Habitat For Humanity Of Forsyth County Inc during 2022 was $31,235. There are 66 employees and 1695 volunteers at Habitat For Humanity Of Forsyth County Inc.
Here are 17 key members and their salaries:
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Official website here: www.habitatforsyth.org
Where can I find the form 990 for Habitat For Humanity Of Forsyth County Inc?
Habitat For Humanity Of Forsyth County Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.habitatforsyth.org
Learn more at the official website: www.habitatforsyth.org
Mission Statement of Habitat For Humanity Of Forsyth County Inc
Habitat for Humanity of Forsyth County Inc is dedicated to embodying God's love by bringing together individuals to build homes, communities, and hope. Their ultimate goal is to establish a world where everyone has access to a decent living space. The organization strictly adheres to a non-proselytizing policy, ensuring that they do not offer assistance on the condition that people must adhere to or convert to a specific faith. Instead, they focus on the shared human experience of needing a suitable place to live, fostering unity and compassion among their community members.
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Impact
July, 2024
Habitat For Humanity Of Forsyth County Inc's impact includes providing families in need with safe and affordable homes through their homeownership program. By offering low-cost housing options, financial education, and homebuyer workshops, they enable families to achieve stability, self-reliance, and confidence. Habitat's efforts contribute to improving living conditions, fostering family development, and creating opportunities for future financial growth and educational advancement. Additionally, their youth empowerment program and repair services for low-income homeowners further demonstrate their commitment to building stronger and more resilient communities. Overall, Habitat For Humanity Of Forsyth County Inc plays a vital role in addressing housing challenges and promoting sustainable homeownership for individuals and families in Winston-Salem, NC.
This information is meant to be a general summary of Habitat For Humanity Of Forsyth County Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,381
- Program Service Revenue: $1,525,789
- Gross Receipts: $5,823,081
Assets and Liabilities:
- Total Assets: $12,123,144
- Total Liabilities: $2,800,683
- Net Assets: $9,322,461
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF HOUSES, NET OF DISCOU
Revenue
$922,869
AMORTIZATION OF MORTGAGE DISC
Revenue
$564,920
OTHER PROGRAM INCOME
Revenue
$38,000
Organization Details
Founding Year
1985
Phone
(336) 765-8854Principal Officer
George Redd
Main Address
1023 W 14TH STREET, WINSTONSALEM, NC, 27105
Website
www.habitatforsyth.orgNTEE Category
Code: L20Z - Housing
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