Habitat for Humanity of Rutherford County
Fiscal Year
No current fiscal year information is available at this time.
Organizational Budgets and Other Documents
IRS Letter of Exemption
| habitat for humanity of rutherford co irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $3,652,833.00 | $2,651,306.00 | |
| Total Expenses | $3,366,619.00 | $2,393,167.00 | |
| Revenue Less Expenses | ($-0.00) | $286,214.00 | $258,139.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $0.00 | $86,065.00 | |
| Contributions, Gifts, and Grants | $866,664.00 | $684,258.00 | |
| Indirect Public Support | $0.00 | $11,032.00 | |
| Earned Revenue | $2,687,968.00 | $1,816,695.00 | |
| Investment Income, Net of Losses | $4,014.00 | $1,146.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $24,961.00 | $16,978.00 | |
| Revenue In-Kind | $69,226.00 | $35,132.00 | |
| Other | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $2,921,632.00 | $2,057,244.00 | |
| Administration Expense | $2,335,457.00 | $195,403.00 | |
| Fundraising Expense | $211,440.00 | $140,520.00 | |
| Total Revenue/Total Expenses | 67% | 111% | |
| Program Expense/Total Expenses | 53% | 86% | |
| Fundraising Expense/Contributed Revenue | 4% | 6% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Program Revenue $2,687,968.00 | Program Revenue $1,816,695.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $866,664.00 | Contributions, Gifts, and Grants $684,258.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Noncash Contributions $69,226.00 | Government Grants $86,065.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $7,853,347.00 | $6,933,760.00 | |
| Current Assets | $5,292,049.00 | $4,048,053.00 | |
| Long-Term Liabilities | $2,624,792.00 | $2,006,749.00 | |
| Current Liabilities | $84,892.00 | $69,562.00 | |
| Total Net Assets | $5,143,663.00 | $4,857,449.00 |
Endowment Info
Do you have an endowment?
No
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
2023
Form 990s
Audit Documents
Foundation Staff Comments
| Financials figures taken from the 990. Financial documents were prepared by Tim Montgomery, CPA PLLC. Comments provided by Tina Randolph. 04/03/2023 |
