Civic Intelligence

Wabash Valley Habitat for Humanity

990 • Fiscal year 2017 • EIN 35-1729005

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

2313 Tippecanoe StreetTerre Haute, IN 47807

(812) 235-5914

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.05x

Higher debt load relative to assets than 42% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

51st percentile

0.10x

Higher debt load relative to revenue than 51% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

28th percentile

-4.7%

Higher net margin than 28% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

47th percentile

$57,141

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

$1,186,102

No earlier filing loaded for comparison.

Net Assets

$1,123,533

No earlier filing loaded for comparison.

Liabilities

$62,569

No earlier filing loaded for comparison.

Revenue

$600,691

No earlier filing loaded for comparison.

Expenses

$628,694

No earlier filing loaded for comparison.

Net Income

-$28,003

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2017: $1,186,102Liabilities 2017: $62,569Net Assets 2017: $1,123,5332017Assets 2018: $1,121,415Liabilities 2018: $52,358Net Assets 2018: $1,069,0572018Assets 2019: $1,157,384Liabilities 2019: $84,696Net Assets 2019: $1,072,6882019Assets 2020: $1,051,666Liabilities 2020: $116,676Net Assets 2020: $934,9902020Assets 2021: $977,741Liabilities 2021: $59,106Net Assets 2021: $918,6352021Assets 2022: $842,460Liabilities 2022: $19,753Net Assets 2022: $822,7072022Assets 2023: $1,310,152Liabilities 2023: $1,422Net Assets 2023: $1,308,7302023Assets 2024: $1,448,308Liabilities 2024: $2,588Net Assets 2024: $1,445,7202024Assets 2025: $1,671,426Liabilities 2025: $1,345Net Assets 2025: $1,670,0812025

Highlighted filing

2017

Assets$1,186,102
Liabilities$62,569
Net Assets$1,123,533

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2017: $600,691Expenses 2017: $628,694Net Income 2017: -$28,0032017Revenue 2018: $468,651Expenses 2018: $523,127Net Income 2018: -$54,4762018Revenue 2019: $487,719Expenses 2019: $484,088Net Income 2019: $3,6312019Revenue 2020: $409,960Expenses 2020: $547,658Net Income 2020: -$137,6982020Revenue 2021: $298,533Expenses 2021: $355,606Net Income 2021: -$57,0732021Revenue 2022: $244,265Expenses 2022: $244,194Net Income 2022: $712022Revenue 2023: $628,398Expenses 2023: $142,375Net Income 2023: $486,0232023Revenue 2024: $560,064Expenses 2024: $423,074Net Income 2024: $136,9902024Revenue 2025: $538,258Expenses 2025: $313,897Net Income 2025: $224,3612025

Highlighted filing

2017

Revenue$600,691
Expenses$628,694
Net Income-$28,003
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$600,691
Mission and Program Overview

Mission

To construct, rehabilitate, sell and finance (0% mortgages) homes to families in the Wabash Valley, Who would otherwise not be able to obtain home loans through conventional means.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$144,973$135,437▼ $9,536
Cash and Non-Interest-Bearing Accounts$151,771$103,669▼ $48,102
Savings and Temporary Cash Investments$21,462$27,427▲ $5,965
Prepaid Expenses and Deferred Charges$1,848$8,443▲ $6,595
Total Assets$1,217,944$1,186,102▼ $31,842
Other Assets Total$897,890$911,126▲ $13,236
Liabilities
Mortgage Notes Payable Secured by Investment Property$34,068$27,412▼ $6,656
Other Liabilities$23,111$26,402▲ $3,291
Accounts Payable and Accrued Expenses$9,055$8,755▼ $300
Total Liabilities$66,234$62,569▼ $3,665
Net Assets / Fund Balance
Unrestricted Net Assets$1,151,710$1,117,533▼ $34,177
Temporarily Rstr Net Assets-$6,000-
Total Net Assets Fund Balance$1,151,710$1,123,533▼ $28,177
Total Liabilities and Net Assets / Fund Balance$1,217,944$1,186,102▼ $31,842

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$126,445$41,094$167,539
Equipment$8,992$75,519$84,511
Other Assets Org$879,394--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Annette HouchinExecutive DirectorFT$56,840$301$57,141

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$219,391
Program Service Revenue
$375,302
Investment Income
$143
Other Revenue
$5,855
All Other Contributions
$73,438
Change in Net Assets
$-28,003

Audited Revenue Reconciliation

Revenue per Audited Statements
$600,691
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$600,691
Total Revenue per Form 990
$600,691
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$373,355
Salaries, Compensation, and Employee Benefits$255,339
Total Fundraising Expense$6,969
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$160,640$9,496$4,008$174,144
Current Officers, Directors, Trustees, and Key Employees$52,570$2,857$1,714$57,141
Payroll Taxes$21,198$1,104$552$22,854
Depreciation Depletion$7,536$2,000-$9,536
All Other Expenses$4,264$4,802$226$9,292
Other Expenses$5,718$2,489$433$8,207
Insurance$5,561--$5,561
Travel$1,937$2,883-$4,820
Advertising$3,850$200-$4,050
Fees for Services Accounting$352$1,922-$2,274
Interest$1,498--$1,498
Other Employee Benefits$1,104$60$36$1,200
Total Functional Expenses$563,939$57,786$6,969$628,694

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$628,694
Total Expenses per Audited Statements$628,694
Total Expenses per Form 990$628,694
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
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
Escrow Account$20,360
Payroll Tax Payable$6,042
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
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 11B

The executive director reviews the 990. Copies are made available.

Form 990, Part VI, Section B, line 12C

The organization has a writen conflict of interest policy. It is documented when a member has a conflict of interest. The policy is reviewed annually.

Form 990, Part VI, Section B, line 15A

Wabash Valley Habitat for Humanity's Board of Directors determine and sets the pay scales for all positions, which are based on periodic thorough reviews of all related issues, salary surveys, consultation with independent persons, reviews of comparable data and deliberation.

Form 990, Part VI, Section C, line 19

The organizations governing documents are open to the public upon request.

Filing and Contact Details

Filer

Filer Name
Wabash Valley Habitat For Humanity
EIN
35-1729005
Phone
8122355914
Address
2313 Tippecanoe Street, Terre Haute, IN 47807

Signing Officer

Name
Annette Houchin
Title
Executive Director
Phone
8122355914
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Annette Houchin
Formed
1988
Legal Domicile
In
Voting Board Members
10
Independent Board Members
10
Employees
17
Volunteers
175

Preparer

Firm
Barnes Dennig & Co Ltd
Address
5750 Castle Creek Parkway Suite 245, Indianapolis, IN 46250
Preparer
Rickey Roysdon CPA
Phone
3175721130
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

The Organization is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and a similar provision of Indiana law. However, they are subject to federal income tax on any unrelated business taxable income. The Organization's IRS Form 990 is subject to review and examination by federal and state authorities. The Organization believes it has appropriate support for any tax positions taken, and therefore, does not have any uncertain income tax positions that are material to the financial statements.

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IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0Home Sales
IRS990/ProgramServiceRevenueGrp/Desc1Restore Sales
IRS990/ProgramServiceRevenueGrp/Desc2Rehab/Land Sales
IRS990/ProgramServiceRevenueGrp/Desc3Rental Income
IRS990/ProgramServiceRevenueGrp/Desc4Shed Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0183542
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1177019
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28200
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32269
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt42200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0183542
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1177019
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32269
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt42200
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt092125
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0301260
IRS990/PYInvestmentIncomeAmt0187
IRS990/PYOtherExpensesAmt094462
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0208948
IRS990/PYRevenuesLessExpensesAmt0-307445
IRS990/PYSalariesCompEmpBnftPaidAmt0205908
IRS990/PYTotalExpensesAmt0608705
IRS990/PYTotalProfFndrsngExpnsAmt07075
IRS990/PYTotalRevenueAmt0301260
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-28003
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0375302
IRS990/SavingsAndTempCashInvstGrp/BOYAmt021462
IRS990/SavingsAndTempCashInvstGrp/EOYAmt027427
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Miscellaneous - 2016 Amount: $ 5,855.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12, Explanation of Other Income:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0219391
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt092125
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0165601
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt065360
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt058333
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0600810
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0143
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0187
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt043
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt025
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt062
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0460
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0375302
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0208949
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0191487
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0233017
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0244938
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01253693
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0143
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0187
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt043
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt025
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt062
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0460
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt05855
IRS990ScheduleA/OtherIncome509Grp/TotalAmt05855
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99660
IRS990ScheduleA/PublicSupportPY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal509Amt01854503
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0594693
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0301074
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0357088
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0298377
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0303271
IRS990ScheduleA/Total509Grp/TotalAmt01854503
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0600691
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0301261
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0357131
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0298402
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0303333
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01860818
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0126445
IRS990ScheduleD/BuildingsGrp/DepreciationAmt041094
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0167539
IRS990ScheduleD/EquipmentGrp/BookValueAmt08992
IRS990ScheduleD/EquipmentGrp/DepreciationAmt075519
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt084511
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0628694
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt020732
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt111000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2879394
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Construction in Progress
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Land for Development
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Mortgages Receivable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020360
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16042
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Escrow Account
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Payroll Tax Payable
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0600691
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and a similar provision of Indiana law. However, they are subject to federal income tax on any unrelated business taxable income. The Organization's IRS Form 990 is subject to review and examination by federal and state authorities. The Organization believes it has appropriate support for any tax positions taken, and therefore, does not have any uncertain income tax positions that are material to the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0135437
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0911126
IRS990ScheduleD/TotalExpensesPerForm990Amt0628694

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