Overview
What is Habitat For Humanity?
Habitat for Humanity, represented by its Garland County Affiliate, is a dedicated nonprofit organization based in Hot Springs, Arkansas. Their primary mission is to alleviate housing issues for underprivileged families by constructing and transferring ownership of homes. Acting as a housing developer, constructor, and manager, they have completed projects involving the construction of three homes. Their work is crucial in enhancing the living conditions of families in need within their community.
Official website here: www.garlandcountyhabitat.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 59%, One-Star out of Four Stars
Habitat for Humanity received a One-Star rating from Charity Navigator, indicating significant areas for improvement, particularly within its financial accountability. While the organization excels in governance aspects such as having a fully independent board and robust financial oversight practices, its program expense ratio is notably low at 49.78%, suggesting that a smaller portion of its resources is allocated to direct programming compared to administrative costs.
The nonprofit shines in community engagement, achieving a perfect score in constituent feedback, collection, and usage. This demonstrates a strong commitment to listening to and incorporating the voices of those they serve. Furthermore, their equity strategies received a solid score of 73, reflecting efforts to promote inclusivity and fairness within their initiatives.
However, the low liabilities to assets ratio of 13.71% raises concerns about financial stability and could impact future program effectiveness. Overall, while Habitat for Humanity has a solid structure and community-oriented approach, enhancing its financial management strategies is critical for improving its overall rating and mission effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Habitat For Humanity legitimate?
Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity 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:
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Other Salaries and Wages: $234,643
For more financial information, click here
Official website here: www.garlandcountyhabitat.org
What is the mission statement of Habitat For Humanity?
Habitat for Humanity's mission is centered around providing housing solutions for families in need. They accomplish this through various programs, which often include constructing and transferring ownership of homes. As a non-profit organization, their primary goal is to help families in need gain access to decent and affordable housing, thereby improving their overall quality of life. Their work involves not just building homes, but also ensuring that the families who receive them can manage and maintain them effectively. This holistic approach aims to break the cycle of poverty and provide a stable living environment for vulnerable families.
Official website here: www.garlandcountyhabitat.org
What is the revenue of Habitat For Humanity?
Habitat For Humanity's revenue in 2024 was $849,511.
Official website here: www.garlandcountyhabitat.org
Who are the executives of Habitat For Humanity and what are their salaries?
The average compensation at Habitat For Humanity during 2024 was $3,724. There are 63 employees and 2513 volunteers at Habitat For Humanity.
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Official website here: www.garlandcountyhabitat.org
Where can I find the form 990 for Habitat For Humanity?
Habitat For Humanity's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.garlandcountyhabitat.org
Learn more at the official website: www.garlandcountyhabitat.org
Mission Statement of Habitat For Humanity
Habitat for Humanity, as a nonprofit organization, is dedicated to providing housing solutions for families in need. This mission is carried out through their programs, which primarily involve constructing and transferring ownership of homes. Habitat for Humanity functions as a housing development, construction, and management entity, working to improve the living conditions of underprivileged families. By building and transferring ownership of homes, they contribute to creating stable living environments and offering a sense of security to the families they serve.
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Impact
July, 2024
Habitat For Humanity's impact can be seen in the lives of needy families who are provided with housing through their programs. In particular, the Habitat for Humanity - Garland County Affiliate in Hot Springs, AR, constructs and transfers ownership of 3 homes to families in need. By operating as a housing development, construction, and management organization, they make a tangible difference in the community by addressing the critical need for housing.
This information is meant to be a general summary of Habitat For Humanity. 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 2024.
- Investment Income: $177,747
- Gross Receipts: $1,557,112
Assets and Liabilities:
- Total Assets: $4,424,590
- Total Liabilities: $536,248
- Net Assets: $3,888,342
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Organization Details
Founding Year
1995
Principal Officer
Todd Green
Website
www.garlandcountyhabitat.orgNTEE Category
Code: L20 - Housing
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