Habitat for Humanity of Greater Nashville
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$33,371,007.00
Projected Expenses
$31,964,444.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| IRS Letter 1995 |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $20,645,171.00 | $16,543,254.00 | $18,588,288.00 |
| Total Expenses | $17,551,384.00 | $12,976,618.00 | $15,910,523.00 |
| Revenue Less Expenses | $3,093,787.00 | $3,566,636.00 | $2,677,765.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $2,640,562.00 | $3,131,233.00 | $2,293,330.00 |
| Contributions, Gifts, and Grants | $4,399,666.00 | $2,557,853.00 | $2,712,666.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $9,413,297.00 | $6,985,624.00 | $9,912,823.00 |
| Investment Income, Net of Losses | $327,930.00 | $54,582.00 | $43,950.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $332,638.00 | $364,796.00 | $512,972.00 |
| Revenue In-Kind | $3,531,108.00 | $3,401,550.00 | $3,068,592.00 |
| Other | $0.00 | $17,616.00 | $43,955.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $14,986,444.00 | $10,775,331.00 | $13,847,935.00 |
| Administration Expense | $987,430.00 | $780,012.00 | $786,148.00 |
| Fundraising Expense | $1,577,510.00 | $1,421,275.00 | $1,276,440.00 |
| Total Revenue/Total Expenses | 118% | 127% | 117% |
| Program Expense/Total Expenses | 85% | 83% | 87% |
| Fundraising Expense/Contributed Revenue | 9% | 11% | 8% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Program Revenue $9,413,297.00 | Program Revenue $6,985,624.00 | Program Revenue $9,912,823.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $4,399,666.00 | Noncash Contributions $3,401,550.00 | Noncash Contributions $3,068,592.00 |
| Third Highest Funding Source & Dollar Amount | Noncash Contributions $3,531,108.00 | Government Grants $3,131,233.00 | Contributions, Gifts, and Grants $2,712,666.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $76,938,500.00 | $71,491,096.00 | $64,833,269.00 |
| Current Assets | $50,952,193.00 | $49,128,376.00 | $48,941,375.00 |
| Long-Term Liabilities | $27,470,887.00 | $46,669,151.00 | $25,723,581.00 |
| Current Liabilities | $11,060,091.00 | $9,508,210.00 | $2,195,012.00 |
| Total Net Assets | $38,407,522.00 | $35,313,735.00 | $31,777,099.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$23,275.82
What is the spending policy for your endowment?
N/A
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
Foundation Staff Comments
| Financial figures taken from the 990. Financial audit and Form 990 prepared by Cherry Bekaert LLP. Comments provided by Hayley Sulfridge 10/23/23. |
