Civic Intelligence

Lorain County Habitat for Humanity Inc

EIN 34-1600658 • 501(c)3 • Amherst, OH

Profile

Habitat for humanity engages

300 Rice Industrial PkwyAmherst, OH 44001

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.18x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

88th percentile

0.99x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

62nd percentile

11%

Higher net margin than 62% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

37th percentile

-0.7%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

16th percentile

-20%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$2,713,812

Down $18,624 (-0.7%) from 2021

Liabilities

Down

$486,970

Down $73,129 (-13%) from 2021

Net Assets

Up

$2,226,842

Up $54,505 (+2.5%) from 2021

Revenue

Down

$493,039

Down $120,495 (-20%) from 2021

Expenses

Up

$438,534

Up $4,897 (+1.1%) from 2021

Net Income

Down

$54,505

Down $125,392 (-70%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2013: $1,330,006Liabilities 2013: $5,548Net Assets 2013: $1,324,4582013Assets 2015: $1,502,590Liabilities 2015: $20,487Net Assets 2015: $1,482,1032015Assets 2016: $2,429,597Liabilities 2016: $561,661Net Assets 2016: $1,867,9362016Assets 2017: $2,554,591Liabilities 2017: $602,042Net Assets 2017: $1,952,5492017Assets 2018: $2,577,415Liabilities 2018: $582,008Net Assets 2018: $1,995,4072018Assets 2019: $2,610,149Liabilities 2019: $563,758Net Assets 2019: $2,046,3912019Assets 2020: $2,566,684Liabilities 2020: $574,244Net Assets 2020: $1,992,4402020Assets 2021: $2,732,436Liabilities 2021: $560,099Net Assets 2021: $2,172,3372021Assets 2022: $2,713,812Liabilities 2022: $486,970Net Assets 2022: $2,226,8422022

Highlighted filing

2022

Assets$2,713,812
Liabilities$486,970
Net Assets$2,226,842

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2013: $217,9032013Revenue 2015: $421,824Expenses 2015: $304,645Net Income 2015: $117,1792015Revenue 2016: $883,850Expenses 2016: $498,017Net Income 2016: $385,8332016Revenue 2017: $610,295Expenses 2017: $525,682Net Income 2017: $84,6132017Revenue 2018: $605,445Expenses 2018: $562,587Net Income 2018: $42,8582018Revenue 2019: $532,520Expenses 2019: $481,536Net Income 2019: $50,9842019Revenue 2020: $370,511Expenses 2020: $424,462Net Income 2020: -$53,9512020Revenue 2021: $613,534Expenses 2021: $433,637Net Income 2021: $179,8972021Revenue 2022: $493,039Expenses 2022: $438,534Net Income 2022: $54,5052022

Highlighted filing

2022

Revenue$493,039
Expenses$438,534
Net Income$54,505

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.1
Gross Receipts
$496,516
Mission and Program Overview

Mission

Habitat for humanity engages

Habitat for humanity engages in activities that promote and support community development in lorain county by serving lower-income residents and struggling neighborhoods

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$986,917$1,181,385▲ $194,468
Other Notes and Loans Receivable, Net$741,651$688,117▼ $53,534
Savings and Temporary Cash Investments$587,779$406,736▼ $181,043
Total Assets$2,732,436$2,713,812▼ $18,624
Other Assets Total$416,089$437,574▲ $21,485
Liabilities
Mortgage Notes Payable Secured by Investment Property$487,621$475,699▼ $11,922
Unsecured Notes Loans Payable$40,013--
Accounts Payable and Accrued Expenses$22,336$6,968▼ $15,368
Other Liabilities$10,129$4,303▼ $5,826
Total Liabilities$560,099$486,970▼ $73,129
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,172,337$2,226,842▲ $54,505
Total Net Assets Fund Balance$2,172,337$2,226,842▲ $54,505
Total Liabilities and Net Assets / Fund Balance$2,732,436$2,713,812▼ $18,624

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$865,676$161,796$1,027,472
Equipment$133,203$210,650$343,853
Land$182,506-$182,506
Other Assets Org$437,574--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Pete VeliconiaPresident
D Scott ChristmanVice President
Jeffrey L CraigoTrustee
Josh LambTrustee
Matt HarkinsTrustee
Christopher SnahnicanSecretary
John BarnesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$64,969
Program Service Revenue
$0
Investment Income
$228
Other Revenue
$427,842
All Other Contributions
$24,956
Change in Net Assets
$54,505
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$237,699
Salaries, Compensation, and Employee Benefits$200,835
Total Fundraising Expense$10,042
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$141,126$16,603$8,302$166,031
Occupancy$57,774$6,419$0$64,193
Depreciation Depletion$44,649$2,350$0$46,999
Fees for Services Legal$0$31,812$0$31,812
Interest$29,245$0$0$29,245
Payroll Taxes$19,249$2,265$1,132$22,646
All Other Expenses$12,837$8,533$0$21,370
Insurance$15,873$913$0$16,786
Other Employee Benefits$10,334$1,216$608$12,158
Other Expenses$9,986$0$0$9,986
Office Expenses$0$3,460$0$3,460
Fees for Services Accounting$0$3,406$0$3,406
Fees for Services Management$2,845$0$0$2,845
Advertising$1,139$0$0$1,139
Total Functional Expenses$348,646$79,846$10,042$438,534
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,879
Fundraising Direct Expenses$3,477
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held in Escrow$4,303
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Filing and Contact Details

Filer

Filer Name
Lorain County Habitat for Humanity Inc
EIN
34-1600658
Phone
4409843343
Address
300 RICE INDUSTRIAL PKWY, AMHERST, OH 44001

Signing Officer

Name
John Barnes
Title
Treasurer
Phone
4409843343
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Barnes
Formed
1988
Legal Domicile
Oh
Voting Board Members
10
Independent Board Members
10
Employees
5
Volunteers
25

Preparer

Firm
Alan V Januzzi CPA
Address
7710 RICE RD, AMHERST, OH 44001
Preparer
Alan V Januzi CPA
Phone
4409852550
Supplemental Narrative

Additional Explanations

Pt XI

Transfer to enddowment fund help by community foundation

Pt VI, Line 11B

Board members review the 990 annually

Pt VI, Line 12C

Conflicts are reviewed annually in accordance with the conflict of interest policy

Pt VI, Line 15A

Compensation is reviewed annually and approved by the board and takes into consideration comparable wages

Pt VI, Line 15B

SEE RESPONSE TO 15a

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IRS990/ReconcilationRevenueExpnssAmt054505
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0587779
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0406736
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt064969
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0114958
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt041530
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt040307
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt076551
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0338315
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0371
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0207
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0226
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01349
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02153
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0423725
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0456747
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0363176
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0459040
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0520804
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02223492
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0371
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0207
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0226
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01349
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02153
IRS990ScheduleA/InvestmentIncomeCYPct00.00080
IRS990ScheduleA/InvestmentIncomePYPct00.00090
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99920
IRS990ScheduleA/PublicSupportPY509Pct00.99910
IRS990ScheduleA/PublicSupportTotal509Amt02561807
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0488694
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0571705
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0404706
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0499347
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0597355
IRS990ScheduleA/Total509Grp/TotalAmt02561807
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02563960
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0865676
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0161796
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01027472
IRS990ScheduleD/EquipmentGrp/BookValueAmt0133203
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0210650
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0343853
IRS990ScheduleD/LandGrp/BookValueAmt0182506
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0182506
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0437574
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SITES/CONSTRUCTION IN PROGRESS/HOME INVENTORY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04303
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FUNDS HELD IN ESCROW
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01181385
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0437574
IRS990ScheduleD/TotalLiabilityAmt04303
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRANSFER TO ENDDOWMENT FUND HELP BY COMMUNITY FOUNDATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS REVIEW THE 990 ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICTS ARE REVIEWED ANNUALLY IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS REVIEWED ANNUALLY AND APPROVED BY THE BOARD AND TAKES INTO CONSIDERATION COMPARABLE WAGES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SEE RESPONSE TO 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02732436
IRS990/TotalAssetsEOYAmt02713812
IRS990/TotalAssetsGrp/BOYAmt02732436
IRS990/TotalAssetsGrp/EOYAmt02713812
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt064969
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt010042
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt079846
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0348646
IRS990/TotalFunctionalExpensesGrp/TotalAmt0438534
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0560099
IRS990/TotalLiabilitiesEOYAmt0486970
IRS990/TotalLiabilitiesGrp/BOYAmt0560099
IRS990/TotalLiabilitiesGrp/EOYAmt0486970
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02172337
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02226842

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