Civic Intelligence

Greater Springfield Habitat for Humanity Inc

990 • Fiscal year 2015 • EIN 04-2970982

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 26, 2016

268 Cold Spring AveWest Springfield, MA 01089

(413) 739-5503

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

62nd percentile

0.22x

Higher debt load relative to assets than 62% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

76th percentile

0.47x

Higher debt load relative to revenue than 76% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

16th percentile

-16%

Higher net margin than 16% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

56th percentile

$74,000

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

13th percentile

-9.1%

Faster asset growth than 13% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

83rd percentile

31%

Faster revenue growth than 83% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,660,179

Down $166,667 (-9.1%) from 2014

Net Assets

Down

$1,301,539

Down $262,682 (-17%) from 2014

Liabilities

Up

$358,640

Up $96,015 (+37%) from 2014

Revenue

Up

$759,906

Up $181,649 (+31%) from 2014

Expenses

Up

$878,764

Up $232,524 (+36%) from 2014

Net Income

Down

-$118,858

Down $50,875 (-75%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $1,400,987Liabilities 2010: $47,566Net Assets 2010: $1,353,4212010Assets 2011: $1,355,003Liabilities 2011: $52,100Net Assets 2011: $1,302,9032011Assets 2012: $2,109,267Liabilities 2012: $211,906Net Assets 2012: $1,897,3612012Assets 2013: $1,948,817Liabilities 2013: $316,613Net Assets 2013: $1,632,2042013Assets 2014: $1,826,846Liabilities 2014: $262,625Net Assets 2014: $1,564,2212014Assets 2015: $1,660,179Liabilities 2015: $358,640Net Assets 2015: $1,301,5392015Assets 2016: $1,654,003Liabilities 2016: $288,115Net Assets 2016: $1,365,8882016Assets 2017: $1,212,167Liabilities 2017: $238,693Net Assets 2017: $973,4742017Assets 2018: $1,416,329Liabilities 2018: $444,263Net Assets 2018: $972,0662018Assets 2019: $1,234,981Liabilities 2019: $463,488Net Assets 2019: $771,4932019Assets 2020: $1,286,589Liabilities 2020: $546,765Net Assets 2020: $739,8242020Assets 2021: $1,034,878Liabilities 2021: $441,416Net Assets 2021: $593,4622021Assets 2022: $1,229,162Liabilities 2022: $572,607Net Assets 2022: $656,5552022Assets 2023: $869,805Liabilities 2023: $510,487Net Assets 2023: $359,3182023Assets 2024: $579,157Liabilities 2024: $492,546Net Assets 2024: $86,6112024

Highlighted filing

2015

Assets$1,660,179
Liabilities$358,640
Net Assets$1,301,539

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2010: $936,5042010Revenue 2011: $330,566Expenses 2011: $365,084Net Income 2011: -$34,5182011Revenue 2012: $927,890Expenses 2012: $357,432Net Income 2012: $570,4582012Revenue 2013: $1,298,708Expenses 2013: $1,504,710Net Income 2013: -$206,0022013Revenue 2014: $578,257Expenses 2014: $646,240Net Income 2014: -$67,9832014Revenue 2015: $759,906Expenses 2015: $878,764Net Income 2015: -$118,8582015Revenue 2016: $1,607,588Expenses 2016: $1,523,374Net Income 2016: $84,2142016Revenue 2017: $1,085,031Expenses 2017: $1,477,445Net Income 2017: -$392,4142017Revenue 2018: $1,069,923Expenses 2018: $1,048,806Net Income 2018: $21,1172018Revenue 2019: $1,263,435Expenses 2019: $1,439,196Net Income 2019: -$175,7612019Revenue 2020: $1,280,802Expenses 2020: $1,253,610Net Income 2020: $27,1922020Revenue 2021: $1,508,824Expenses 2021: $1,602,974Net Income 2021: -$94,1502021Revenue 2022: $1,369,060Expenses 2022: $1,305,967Net Income 2022: $63,0932022Revenue 2023: $893,035Expenses 2023: $1,190,024Net Income 2023: -$296,9892023Revenue 2024: $718,270Expenses 2024: $990,892Net Income 2024: -$272,6222024

Highlighted filing

2015

Revenue$759,906
Expenses$878,764
Net Income-$118,858
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 26, 2016
Return Version
2014v6.0
Gross Receipts
$782,607
Mission and Program Overview

Mission

To create safe, decent, affordable housing for those in need, and to make decent shelter matter of conscience with people everywhere.

To create safe, decent, affordable housing for those in need, and to make decent shelter a matter of conscience with people everywhere.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$591,788$663,421▲ $71,633
Other Notes and Loans Receivable, Net$770,694$608,257▼ $162,437
Pledges and Grants Receivable$123,096$208,379▲ $85,283
Land, Buildings, and Equipment, Net$11,104$122,435▲ $111,331
Cash and Non-Interest-Bearing Accounts$172,867$56,808▼ $116,059
Accounts Receivable$5,700--
Savings and Temporary Cash Investments$151,597$879▼ $150,718
Total Assets$1,826,846$1,660,179▼ $166,667
Liabilities
Mortgage Notes Payable Secured by Investment Property$236,518$300,000▲ $63,482
Accounts Payable and Accrued Expenses$14,819$52,696▲ $37,877
Other Liabilities$11,288$5,944▼ $5,344
Total Liabilities$262,625$358,640▲ $96,015
Net Assets / Fund Balance
Unrestricted Net Assets$1,475,105$1,203,221▼ $271,884
Temporarily Rstr Net Assets$89,116$98,318▲ $9,202
Total Net Assets Fund Balance$1,564,221$1,301,539▼ $262,682
Total Liabilities and Net Assets / Fund Balance$1,826,846$1,660,179▼ $166,667

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$49,776$12,444$62,220
Leasehold Improvements$50,441$416$50,857
Equipment$22,218$21,544$43,762
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer SchimmelExec DirectorFT$74,000$74,000

Board Members and Trustees

NameTitle
Walt TomalaPresident
Jason TsitsoVice President
Andy KleemanDirector
Ashley ClarkDirector
Bob PerryDirector
Candice HealyDirector
Elizabeth GinterDirector
Jessica GonzalezDirector
John ReedDirector
Kim MendibeDirector
Madeline LandrauDirector
Nick GelfandDirector
Russ FontaineDirector
Timothy RyanDirector
Xiaolei HuaDirector
Bill FisherClerk
Matt PerryDirecotr
Tim GarstkaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$437,198
Program Service Revenue
$0
Investment Income
$150
Other Revenue
$322,558
All Other Contributions
$365,088
Change in Net Assets
$-118,858

Audited Revenue Reconciliation

Revenue per Audited Statements
$633,709
Revenue Not Reported on Financial Statements
$126,197
Revenue Not Reported on Form 990
$22,701
Other Revenue Adjustments
$126,197
Total Revenue per Audited Statements
$656,410
Total Revenue per Form 990
$759,906
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$574,131
Salaries, Compensation, and Employee Benefits$304,633
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$143,365$43,635-$187,000
Other Expenses$175,850$21,691-$175,850
All Other Expenses$50,667$62,259-$112,926
Occupancy$1,302$70,123-$71,425
Current Officers, Directors, Trustees, and Key Employees$7,400$55,500-$62,900
Payroll Taxes$18,161$8,322-$26,483
Other Employee Benefits$24,129--$24,129
Depreciation Depletion-$17,433-$17,433
Advertising$16,337--$16,337
Office Expenses$6,832$6,435-$13,267
Information Technology$10,014--$10,014
Travel$6,268$2,873-$9,141
Insurance-$8,486-$8,486
Fees for Services Legal$8,110--$8,110
Fees for Services Accounting-$7,080-$7,080
Pension Plan Contributions$4,121--$4,121
Total Functional Expenses$574,927$303,837$0$878,764

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$878,764
Total Expenses per Form 990$878,764
Total Expenses per Audited Statements$874,484
Expenses Not Reported on Form 990$-4,280
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$79,726
Fundraising Direct Expenses$22,701
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Various$79,726$79,726$22,701$57,025
Total Events$79,726$79,726$22,701$57,025
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$5,944
Escrow Balances on Mortgage Accounts-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The Executive Board Reviews the 990 Prior to Filing

Form 990, Part VI, Section B, Line 15B

The Board of directors is solely responsible for determining the CEO pay

Filing and Contact Details

Filer

Filer Name
Greater Springfield Habitat for Humanity Inc
EIN
04-2970982
Phone
4137395503
Address
268 Cold Spring Ave, WEST SPRINGFIELD, MA 01089

Signing Officer

Name
Tim Garstka
Title
Treasurer
Signed
2016-01-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy Gartska
Formed
1987
Legal Domicile
Ma
Voting Board Members
14
Independent Board Members
14
Employees
11

Preparer

Firm
NICHOLAS LaPIER CPA PC
Address
71 PARK AVE ST PO BOX 324, W SPRINGFIELD, MA 01090-0324
Preparer
NICHOLAS LaPIER
Phone
4137320200
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 8

Property Held In Construction in progress should have been written off in prior period.

Form 990, Part III, Line 2

Habitat for Humanity opened a restore in Fiscal Year 2015. People come and donate household goods to Habitat for Humanity and Habitat for Humanity turns around and sell the goods.

Form 990, Part XI, Line 8

the Organization sold inventory totaling 143,824 in fiscal year 2014 that was included on that report

Financial Statement Notes

XI 2D

fundraising expenses - reflected in Part VIII - Statement of Revenues

4B

Gain on sale of mortgages

XII 2D

fundraising expenses - reflected in 990 Part VIII Statement of Revenues

XII 2C

Impairment Loss on Assets

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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt14EXEC DIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
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IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt017950
IRS990/MissionDesc0To create safe, decent, affordable housing for those in need, and to make decent shelter matter of conscience with people everywhere.
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/Desc0Fees
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IRS990/OtherExpensesGrp/Desc2Mortage Discount
IRS990/OtherExpensesGrp/Desc3Construction Costs
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IRS990/OtherExpensesGrp/ProgramServicesAmt2175850
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IRS990/OtherRevenueMiscGrp/Desc0Restore Sales
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IRS990/OtherRevenueMiscGrp/Desc2Gain on Sale of Mortgages
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt151332
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2126197
IRS990/OtherRevenueTotalAmt0265533
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0TIMOTHY GARTSKA
IRS990/PriorPeriodAdjustmentsAmt0-143824
IRS990/ProfessionalFundraisingInd0true
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-118858
IRS990/RegularMonitoringEnfrcInd0true
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0true
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt012001
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt05410
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt015600
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0456067
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01192829
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0844822
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0174485
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03105401
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0150
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0401
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt082
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt028138
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt082
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.49$0.09$0.72$0.99$0.27
2023Detailed filing. Detailed filing data is available for this year.$0.87$0.51$0.36$0.89$1.19$0.30
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.23$0.57$0.66$1.37$1.31$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.44$0.59$1.51$1.60$0.09
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.55$0.74$1.28$1.25$0.03
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.46$0.77$1.26$1.44$0.18
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.44$0.97$1.07$1.05$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.24$0.97$1.09$1.48$0.39
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.65$0.29$1.37$1.61$1.52$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.66$0.36$1.30$0.76$0.88$0.12
2014Detailed filing. Detailed filing data is available for this year.$1.83$0.26$1.56$0.58$0.65$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$0.32$1.63$1.30$1.50$0.21
2012Summary only. Only limited summary data is available for this year.$2.11$0.21$1.90$0.93$0.36$0.57
2011Summary only. Only limited summary data is available for this year.$1.36$0.05$1.30$0.33$0.37$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.05$1.35$0.94