Civic Intelligence

Two Rivers Habitat for Humanity

990 • Fiscal year 2015 • EIN 41-1664586

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 08, 2016

1530 Greenview Dr SW Ste 107Rochester, MN 55902

(507) 252-0849

Siviq Scores

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

Liabilities / Assets

79th percentile

0.52x

Higher debt load relative to assets than 79% of similar nonprofits.

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

Liabilities / Revenue

89th percentile

1.86x

Higher debt load relative to revenue than 89% of similar nonprofits.

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

Net Margin

53rd percentile

3.6%

Higher net margin than 53% of similar nonprofits.

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

Top Officer Pay

58th percentile

$78,150

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 9.0% of source-year revenue.

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

Asset Growth

70th percentile

8.4%

Faster asset growth than 70% of similar nonprofits.

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

Revenue Growth

32nd percentile

-3.4%

Faster revenue growth than 32% of similar nonprofits.

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

Assets

Up

$3,135,226

Up $242,356 (+8.4%) from 2014

Net Assets

Up

$1,509,084

Up $28,626 (+1.9%) from 2014

Liabilities

Up

$1,626,142

Up $213,730 (+15%) from 2014

Revenue

Down

$872,664

Down $30,626 (-3.4%) from 2014

Expenses

Down

$841,029

Down $31,537 (-3.6%) from 2014

Net Income

Up

$31,635

Up $911 (+3.0%) from 2014

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,810,568Liabilities 2010: $834,138Net Assets 2010: $976,4302010Assets 2011: $2,002,869Liabilities 2011: $789,884Net Assets 2011: $1,212,9852011Assets 2012: $2,076,845Liabilities 2012: $686,952Net Assets 2012: $1,389,8932012Assets 2013: $2,161,575Liabilities 2013: $713,356Net Assets 2013: $1,448,2192013Assets 2014: $2,892,870Liabilities 2014: $1,412,412Net Assets 2014: $1,480,4582014Assets 2015: $3,135,226Liabilities 2015: $1,626,142Net Assets 2015: $1,509,0842015Assets 2016: $3,195,752Liabilities 2016: $1,650,991Net Assets 2016: $1,544,7612016Assets 2017: $3,078,189Liabilities 2017: $1,586,320Net Assets 2017: $1,491,8692017Assets 2018: $3,086,328Liabilities 2018: $1,593,256Net Assets 2018: $1,493,0722018Assets 2019: $3,942,428Liabilities 2019: $1,839,078Net Assets 2019: $2,103,3502019Assets 2020: $3,908,491Liabilities 2020: $1,986,160Net Assets 2020: $1,922,3312020Assets 2021: $3,870,534Liabilities 2021: $1,844,717Net Assets 2021: $2,025,8172021Assets 2022: $4,670,366Liabilities 2022: $2,011,593Net Assets 2022: $2,658,7732022Assets 2023: $4,708,813Liabilities 2023: $1,924,338Net Assets 2023: $2,784,4752023

Highlighted filing

2015

Assets$3,135,226
Liabilities$1,626,142
Net Assets$1,509,084

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $930,2912010Revenue 2011: $930,137Expenses 2011: $702,505Net Income 2011: $227,6322011Expenses 2012: $875,8062012Revenue 2013: $995,713Expenses 2013: $939,393Net Income 2013: $56,3202013Revenue 2014: $903,290Expenses 2014: $872,566Net Income 2014: $30,7242014Revenue 2015: $872,664Expenses 2015: $841,029Net Income 2015: $31,6352015Revenue 2016: $970,630Expenses 2016: $932,325Net Income 2016: $38,3052016Revenue 2017: $1,491,149Expenses 2017: $1,544,567Net Income 2017: -$53,4182017Revenue 2018: $1,070,016Expenses 2018: $1,067,915Net Income 2018: $2,1012018Revenue 2019: $1,006,899Expenses 2019: $1,035,712Net Income 2019: -$28,8132019Revenue 2020: $1,018,514Expenses 2020: $1,203,071Net Income 2020: -$184,5572020Revenue 2021: $1,605,861Expenses 2021: $1,529,589Net Income 2021: $76,2722021Revenue 2022: $2,382,273Expenses 2022: $1,744,471Net Income 2022: $637,8022022Revenue 2023: $1,440,861Expenses 2023: $1,318,954Net Income 2023: $121,9072023

Highlighted filing

2015

Revenue$872,664
Expenses$841,029
Net Income$31,635
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 8, 2016
Return Version
2014v6.0
Gross Receipts
$875,029
Mission and Program Overview

Mission

Two rivers habitat for humanity builds strenth, stability, and self-reliance through shelter. We work to create a world where everyone has an affordable, safe, and healthy home.

Rochester area habitat for humanity(rahh)creates affordable, safe, and healthy shelter solutions by building, repairing, and financing homes in partnership with working families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,798,864$1,717,469▼ $81,395
Land, Buildings, and Equipment, Net$56,435$1,121,256▲ $1,064,821
Prepaid Expenses and Deferred Charges$835,730$243,613▼ $592,117
Investments Other Securities$39,285$36,275▼ $3,010
Pledges and Grants Receivable$8,558$8,033▼ $525
Cash and Non-Interest-Bearing Accounts$151,465$6,047▼ $145,418
Total Assets$2,892,870$3,135,226▲ $242,356
Other Assets Total$2,533$2,533→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,310,526$1,506,261▲ $195,735
Accounts Payable and Accrued Expenses$101,886$119,881▲ $17,995
Total Liabilities$1,412,412$1,626,142▲ $213,730
Net Assets / Fund Balance
Unrestricted Net Assets$1,441,173$1,472,808▲ $31,635
Temporarily Rstr Net Assets$39,285$36,276▼ $3,009
Total Net Assets Fund Balance$1,480,458$1,509,084▲ $28,626
Total Liabilities and Net Assets / Fund Balance$2,892,870$3,135,226▲ $242,356

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,121,256$65,702$1,186,958
Other Securities$36,275--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kevin WordenExecutive DirectorFT$78,150$78,150

Board Members and Trustees

NameTitle
James BergPresident
Jan VetterVice President
Christine HildebrandBoard Member
Cristy GoetschBoard Member
Dave HollisterBoard Member
Duane BaldwinBoard Member
Jeremy HunzeBoard Member
Jill AdamsBoard Member
Kim BradleyBoard Member
Michael NeumannBoard Member
Pastor Paul BauchBoard Member
Sandi HansonBoard Member
Tom FlemingBoard Member
Monica CoyleSecretary
Chad BehnkenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$334,345
Program Service Revenue
$518,212
Investment Income
$54
Other Revenue
$20,053
All Other Contributions
$332,502
Change in Net Assets
$31,635

Noncash Contribution Practices

Property subject to holding requirements
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table100$44,142Fair Market Value
Other Non Cash Contri Table99$18,750Fair Market Value
Total Noncash Contributions199$62,892-

Audited Revenue Reconciliation

Revenue per Audited Statements
$872,664
Revenue Not Reported on Form 990
$-644
Total Revenue per Audited Statements
$872,020
Total Revenue per Form 990
$872,664
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$518,542
Salaries, Compensation, and Employee Benefits$318,987
Total Fundraising Expense$31,513
Grants and Similar Amounts Paid$3,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$202,543--$202,543
Occupancy$79,143$1,613$2,801$83,557
Current Officers, Directors, Trustees, and Key Employees$45,175$10,992$21,983$78,150
Interest$55,279--$55,279
Depreciation Depletion$34,646$87$174$34,907
Other Expenses$15,911$5,288-$21,199
Payroll Taxes$17,188$1,258$2,515$20,961
Insurance$18,692$85$254$19,031
Other Employee Benefits$15,181$717$1,435$17,333
Travel$9,470$2,624-$12,094
Office Expenses$2,040$4,328$2,161$8,529
All Other Expenses$2,514$5,804-$8,318
Advertising$6,851$95$190$7,136
Fees for Services Accounting-$6,334-$6,334
Grants to Domestic Orgs$3,500--$3,500
Fees for Services Legal$612--$612
Total Functional Expenses$761,302$48,214$31,513$841,029

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$843,394
Expenses per Audited Statements$841,029
Total Expenses per Form 990$841,029
Expenses Not Reported on Form 990$2,365
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$22,418
Fundraising Direct Expenses$2,365
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gift Wrap$13,093$13,093$2,018$11,075
Habitat 500$1,768$1,768$300$1,468
Total Events$14,861$14,861$2,365$12,496
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
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 governing body review Part VI line 11

Our accountants present the completed form 990 in detail to the finance committee. The finance committee makes a recommendation for action to the full board of directors, who also review the form 990 in its entirety.

Conflict of interest policy compliance Part VI line 12C

All directors and employees discuss and sign a conflict of interest policy annually. Staff and board leadership regularly monitor organizational expenditures and transactions for potential conflicts.

CEO executive director top management comp Part VI line 15A

The board met without any staff present, reviewed salary history and comparative salary information, and determined appropriate wage levels.

Other officer or key employee compensation Part VI line 15B

The board met without any staff present, reviewed salary history and comparative salary information, and determined appropriate wage levels.

Governing documents etc available to public Part VI line 19

All key governing documents are available from our office upon request. Our irs form 990 is available on guidestar.org, as well as from our office.

Filing and Contact Details

Filer

Filer Name
Rochester Area Habitat for Humanity
EIN
41-1664586
Address
1530 GREENVIEW DR SW STE 107, ROCHESTER, MN 55902

Signing Officer

Name
Kevin Worden
Title
Executive Direc
Phone
5072520849
Signed
2016-02-08
Discuss with paid preparer
Yes

Organization Details

Formed
1990
Legal Domicile
Mn
Voting Board Members
15
Independent Board Members
15
Employees
11
Volunteers
1,200

Preparer

Firm
Accounting & Tax Associates Inc
Address
1700 N BROADWAY STE 106, Rochester, MN 55906-4144
Preparer
Joann Schoen Ea
Phone
5072815128
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Unrealized gain in value of gift annuity.

Financial Statement Notes

Other revenues not included on Form 990 (Part XI, line 2D)

Adjustment to revenue to reflect fundraising expenses found in sch g part ii.

Other expenses not included on Form 990 (Part XII, line 2D)

Adjustment to expenses to reflect fundraising expenses found on sch g part ii.

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IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE DIRECTOR
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0ROCHESTER AREA HABITAT FOR HUMANITY(RAHH)CREATES AFFORDABLE, SAFE, AND HEALTHY SHELTER SOLUTIONS BY BUILDING, REPAIRING, AND FINANCING HOMES IN PARTNERSHIP WITH WORKING FAMILIES.
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IRS990/OccupancyGrp/FundraisingAmt02801
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IRS990/OfficeExpensesGrp/FundraisingAmt02161
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IRS990/OfficeExpensesGrp/TotalAmt08529
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02533
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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01435
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0717
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt015181
IRS990/OtherEmployeeBenefitsGrp/TotalAmt017333
IRS990/OtherExpensesGrp/Desc0CONSTRUCTION MATERIALS & SUP
IRS990/OtherExpensesGrp/Desc1DISCOUNTS ON MORTGAGES
IRS990/OtherExpensesGrp/Desc2BANK & LOAN PROCESSING FEES
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08989
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15288
IRS990/OtherExpensesGrp/ProgramServicesAmt0178338
IRS990/OtherExpensesGrp/ProgramServicesAmt162240
IRS990/OtherExpensesGrp/ProgramServicesAmt211979
IRS990/OtherExpensesGrp/ProgramServicesAmt315911
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IRS990/OtherExpensesGrp/TotalAmt162240
IRS990/OtherExpensesGrp/TotalAmt220968
IRS990/OtherExpensesGrp/TotalAmt321199
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IRS990/PoliticalCampaignActyInd0false
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IRS990/ProgramServiceRevenueGrp/Desc0TRANFERS TO HOMEOWNERS
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IRS990/ProgramServiceRevenueGrp/Desc2RESTORE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3OTHER MISC
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1130620
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2248703
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt38889
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1130620
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2248703
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt38889
IRS990/ProgSrvcAccomActy2Grp/Desc0RAHH PROVIDES RESALE OPPORTUNITIES OF DONATED HOUSEHOLD AND CONSTRUCTION ITEMS AT THE HABITAT RESTORE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0238961
IRS990/ProgSrvcAccomActy3Grp/Desc0RAHH FINANCED THE HOME SALES AND HOLDS NON-INTEREST BEARING MORTGAGES. IMPUTED INTEREST IS RECOGNIZED FOR FINANCIAL REPORTING AS THE MORTGAGES MATURE.
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IRS990/ReconcilationRevenueExpnssAmt031635
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.71$1.92$2.78$1.44$1.32$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.67$2.01$2.66$2.38$1.74$0.64
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.87$1.84$2.03$1.61$1.53$0.08
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.91$1.99$1.92$1.02$1.20$0.18
2019Summary only. Only limited summary data is available for this year.$3.94$1.84$2.10$1.01$1.04$0.03
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.09$1.59$1.49$1.07$1.07$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.08$1.59$1.49$1.49$1.54$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.20$1.65$1.54$0.97$0.93$0.04
2015Detailed filing. Detailed filing data is available for this year.$3.14$1.63$1.51$0.87$0.84$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.89$1.41$1.48$0.90$0.87$0.03
2013Summary only. Only limited summary data is available for this year.$2.16$0.71$1.45$1.00$0.94$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$0.69$1.39$0.88
2011Summary only. Only limited summary data is available for this year.$2.00$0.79$1.21$0.93$0.70$0.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$0.83$0.98$0.93