Civic Intelligence

Two Rivers Habitat for Humanity

990 • Fiscal year 2018 • EIN 41-1664586

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 30, 2018

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

81st percentile

0.52x

Higher debt load relative to assets than 81% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

1.49x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

41st percentile

0.2%

Higher net margin than 41% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

47th percentile

0.3%

Faster asset growth than 47% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

10th percentile

-28%

Faster revenue growth than 10% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$3,086,328

Up $8,139 (+0.3%) from 2017

Net Assets

Up

$1,493,072

Up $1,203 (+0.1%) from 2017

Liabilities

Up

$1,593,256

Up $6,936 (+0.4%) from 2017

Revenue

Down

$1,070,016

Down $421,133 (-28%) from 2017

Expenses

Down

$1,067,915

Down $476,652 (-31%) from 2017

Net Income

Up

$2,101

Up $55,519 (+104%) from 2017

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

2018

Assets$3,086,328
Liabilities$1,593,256
Net Assets$1,493,072

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

2018

Revenue$1,070,016
Expenses$1,067,915
Net Income$2,101
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 30, 2018
Return Version
2017v2.2
Gross Receipts
$1,075,038
Mission and Program Overview

Mission

Rochester area habitat for humanity(rahh)brings people seeking to put god's love into action together to build homes, communities, and hope.

Rochester area habitat for humanity (rahh) builds strength, stability, and self-reliance through shelter. Rahh works to create a world where everyone has an affordable, safe, and healthy home.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,804,566$1,767,481▼ $37,085
Land, Buildings, and Equipment, Net$1,081,761$1,045,920▼ $35,841
Cash and Non-Interest-Bearing Accounts$76,365$115,327▲ $38,962
Prepaid Expenses and Deferred Charges$72,652$111,652▲ $39,000
Investments Other Securities$34,174$33,276▼ $898
Pledges and Grants Receivable$6,138$10,139▲ $4,001
Total Assets$3,078,189$3,086,328▲ $8,139
Other Assets Total$2,533$2,533→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,555,809$1,522,306▼ $33,503
Accounts Payable and Accrued Expenses$30,511$70,950▲ $40,439
Total Liabilities$1,586,320$1,593,256▲ $6,936
Net Assets / Fund Balance
Unrestricted Net Assets$1,450,930$1,456,997▲ $6,067
Temporarily Rstr Net Assets$40,939$36,075▼ $4,864
Total Net Assets Fund Balance$1,491,869$1,493,072▲ $1,203
Total Liabilities and Net Assets / Fund Balance$3,078,189$3,086,328▲ $8,139

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,045,920$184,320$1,230,240
Other Securities$33,276--
Compensation and Service Providers

Board Members and Trustees

NameTitle
James BergPresident
Jan VetterVice President
Alyssa Fordham VagtBoard Member
Cristy GoetschBoard Member
Dave HollisterBoard Member
Duane BaldwinBoard Member
Heather BarnessBoard Member
Kathleen McnaughtonBoard Member
Kim BradleyBoard Member
Robin KaufmannBoard Member
Tom FlemingBoard Member
Tracy BeyerBoard Member
Kevin WordenExecutive Director
Monica CoyleSecretary
Mark HettingerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$300,562
Program Service Revenue
$735,069
Investment Income
$287
Other Revenue
$34,098
All Other Contributions
$287,679
Change in Net Assets
$2,101

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$42,848Construction Fair Market Value (FMV)
Total Noncash Contributions$42,848-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,070,016
Revenue Not Reported on Form 990
$4,124
Total Revenue per Audited Statements
$1,074,140
Total Revenue per Form 990
$1,070,016
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$638,789
Salaries, Compensation, and Employee Benefits$425,376
Total Fundraising Expense$47,732
Grants and Similar Amounts Paid$3,750
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$326,042$14,070$28,139$368,251
Occupancy$69,002$1,188$2,376$72,566
Office Expenses$44,333$5,062$9,172$58,567
Interest$53,666--$53,666
Depreciation Depletion$42,126$452$904$43,482
Other Employee Benefits$26,853$1,367$2,733$30,953
Other Expenses$24,901$2,304-$27,205
Pension Plan Contributions$21,461$1,570$3,141$26,172
Insurance$23,104$129$388$23,621
Conferences and Meetings$2,015$7,030-$9,045
Travel$6,941$2,094-$9,035
All Other Expenses$3,734$4,896-$8,630
Fees for Services Accounting-$8,229-$8,229
Advertising$6,009$440$879$7,328
Grants to Domestic Orgs$3,750--$3,750
Fees for Services Legal$1,321--$1,321
Total Functional Expenses$951,216$68,967$47,732$1,067,915

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,072,937
Expenses per Audited Statements$1,067,915
Total Expenses per Form 990$1,067,915
Expenses Not Reported on Form 990$5,022
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$39,120
Fundraising Direct Expenses$5,022
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala Dinner$20,899$20,899$2,916$17,983
Gift Wrap$9,690$9,690$1,807$7,883
Total Events$39,120$39,120$5,022$34,098
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
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
Exec Director
Phone
5072520849
Signed
2018-10-30
Discuss with paid preparer
No

Organization Details

Formed
1990
Legal Domicile
Mn
Voting Board Members
14
Independent Board Members
14
Employees
11
Volunteers
250

Preparer

Firm
Accounting & Tax Associates Inc
Address
1700 N Broadway Ste 106, Rochester, MN 55906
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.

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IRS990/ActivityOrMissionDesc0ROCHESTER AREA HABITAT FOR HUMANITY (RAHH) BUILDS STRENGTH, STABILITY, AND SELF-RELIANCE THROUGH SHELTER. RAHH WORKS TO CREATE A WORLD WHERE EVERYONE HAS AN AFFORDABLE, SAFE, AND HEALTHY HOME.
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IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DIRECTOR
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IRS990/OfficeExpensesGrp/FundraisingAmt09172
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/Desc2BANK & LOAN PROCESSING FEES
IRS990/OtherExpensesGrp/Desc3SUPPLIES
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12304
IRS990/OtherExpensesGrp/ProgramServicesAmt0185625
IRS990/OtherExpensesGrp/ProgramServicesAmt199627
IRS990/OtherExpensesGrp/ProgramServicesAmt210706
IRS990/OtherExpensesGrp/ProgramServicesAmt324901
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IRS990/OtherExpensesGrp/TotalAmt199627
IRS990/OtherExpensesGrp/TotalAmt230842
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IRS990/OtherWebsiteInd0X
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IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PensionPlanContributionsGrp/FundraisingAmt03141
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01570
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IRS990/PledgesAndGrantsReceivableGrp/BOYAmt06138
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt072652
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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0236000
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IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/Desc0TRANFERS TO HOMEOWNERS
IRS990/ProgramServiceRevenueGrp/Desc1DISCOUNTS ON MORTGAGES
IRS990/ProgramServiceRevenueGrp/Desc2RESTORE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3OTHER MISC
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1133808
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2390694
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt330167
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0180400
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1133808
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2390694
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt330167
IRS990/ProgSrvcAccomActy2Grp/Desc0RAHH PROVIDES RESALE OPPORTUNITIES OF DONATED HOUSEHOLD AND CONSTRUCTION ITEMS AT THE HABITAT RESTORE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0319362
IRS990/ProgSrvcAccomActy3Grp/Desc0RAHH FINANCED THE HOME SALES AND HOLDS NON-INTEREST BEARING MORTGAGES. IMPUTED INTEREST IS RECOGNIZED FOR FINANCIAL REPORTING AS THE MORTGAGES MATURE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0162430
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0371587
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt04000
IRS990/PYInvestmentIncomeAmt0114
IRS990/PYOtherExpensesAmt01140879
IRS990/PYOtherRevenueAmt039468
IRS990/PYProgramServiceRevenueAmt01079980
IRS990/PYRevenuesLessExpensesAmt0-53418
IRS990/PYSalariesCompEmpBnftPaidAmt0399688
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IRS990/ReconcilationRevenueExpnssAmt02101
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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0334345
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt084
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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
2018Detailed filing. Detailed filing data is available for this year.$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
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • $1M-$5M nonprofits