Civic Intelligence

Habitat for Humanity of Henderson Ky

EIN 61-1191876 • 501(c)3 • Henderson, KY

Profile

The organization assists persons by providing and securing housing for poverty level persons.

PO Box 1071Henderson, KY 42420

hendersonhabitat.org

Siviq Scores

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

Liabilities / Assets

37th percentile

0.06x

Higher debt load relative to assets than 37% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

49th percentile

0.14x

Higher debt load relative to revenue than 49% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

91st percentile

56%

Higher net margin than 91% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

88th percentile

34%

Faster asset growth than 88% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

83rd percentile

46%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Up

$5,379,257

Up $963,880 (+22%) from 2023

Liabilities

Up

$258,038

Up $139,327 (+117%) from 2023

Net Assets

Up

$5,121,219

Up $824,553 (+19%) from 2023

Revenue

Down

$1,908,813

Down $172,062 (-8.3%) from 2023

Expenses

Up

$1,210,911

Up $117,127 (+11%) from 2023

Net Income

Down

$697,902

Down $289,189 (-29%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,761,824Liabilities 2011: $351,721Net Assets 2011: $1,410,1032011Assets 2012: $1,631,764Liabilities 2012: $210,218Net Assets 2012: $1,421,5462012Assets 2013: $1,641,334Liabilities 2013: $149,955Net Assets 2013: $1,491,3792013Assets 2014: $1,737,634Liabilities 2014: $121,745Net Assets 2014: $1,615,8892014Assets 2015: $1,645,866Liabilities 2015: $39,155Net Assets 2015: $1,606,7112015Assets 2016: $1,773,460Liabilities 2016: $40,144Net Assets 2016: $1,733,3162016Assets 2017: $2,087,614Liabilities 2017: $257,507Net Assets 2017: $1,830,1072017Assets 2018: $2,327,943Liabilities 2018: $452,532Net Assets 2018: $1,875,4112018Assets 2019: $2,409,540Liabilities 2019: $399,758Net Assets 2019: $2,009,7822019Assets 2020: $2,688,107Liabilities 2020: $411,945Net Assets 2020: $2,276,1622020Assets 2021: $3,161,021Liabilities 2021: $293,270Net Assets 2021: $2,867,7512021Assets 2022: $3,426,224Liabilities 2022: $178,843Net Assets 2022: $3,247,3812022Assets 2023: $4,415,377Liabilities 2023: $118,711Net Assets 2023: $4,296,6662023Assets 2024: $5,379,257Liabilities 2024: $258,038Net Assets 2024: $5,121,2192024

Highlighted filing

2024

Assets$5,379,257
Liabilities$258,038
Net Assets$5,121,219

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $213,068Expenses 2011: $223,333Net Income 2011: -$10,2652011Revenue 2012: $195,712Expenses 2012: $184,269Net Income 2012: $11,4432012Revenue 2013: $265,770Expenses 2013: $195,937Net Income 2013: $69,8332013Revenue 2014: $316,792Expenses 2014: $217,218Net Income 2014: $99,5742014Revenue 2015: $225,566Expenses 2015: $234,744Net Income 2015: -$9,1782015Revenue 2016: $371,905Expenses 2016: $245,300Net Income 2016: $126,6052016Revenue 2017: $400,236Expenses 2017: $299,494Net Income 2017: $100,7422017Revenue 2018: $426,162Expenses 2018: $380,765Net Income 2018: $45,3972018Revenue 2019: $791,198Expenses 2019: $654,532Net Income 2019: $136,6662019Revenue 2020: $940,872Expenses 2020: $673,502Net Income 2020: $267,3702020Revenue 2021: $1,371,361Expenses 2021: $805,023Net Income 2021: $566,3382021Revenue 2022: $1,424,985Expenses 2022: $964,818Net Income 2022: $460,1672022Revenue 2023: $2,080,875Expenses 2023: $1,093,784Net Income 2023: $987,0912023Revenue 2024: $1,908,813Expenses 2024: $1,210,911Net Income 2024: $697,9022024

Highlighted filing

2024

Revenue$1,908,813
Expenses$1,210,911
Net Income$697,902

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.38$0.26$5.12$1.91$1.21$0.70
2023Summary only. Only limited summary data is available for this year.$4.42$0.12$4.30$2.08$1.09$0.99
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.43$0.18$3.25$1.42$0.96$0.46
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.16$0.29$2.87$1.37$0.81$0.57
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.69$0.41$2.28$0.94$0.67$0.27
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.41$0.40$2.01$0.79$0.65$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.33$0.45$1.88$0.43$0.38$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.09$0.26$1.83$0.40$0.30$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.77$0.04$1.73$0.37$0.25$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.65$0.04$1.61$0.23$0.23$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.74$0.12$1.62$0.32$0.22$0.10
2013Summary only. Only limited summary data is available for this year.$1.64$0.15$1.49$0.27$0.20$0.07
2012Summary only. Only limited summary data is available for this year.$1.63$0.21$1.42$0.20$0.18$0.01
2011Summary only. Only limited summary data is available for this year.$1.76$0.35$1.41$0.21$0.22$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jan 20, 2025
Return Version
2023v6.0
Gross Receipts
$2,133,663
Mission and Program Overview

Mission

Assisting qualified persons by providing and securing housing for poverty level persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,830,793$1,964,278▲ $133,485
Investments Other Securities$865,097$1,235,471▲ $370,374
Savings and Temporary Cash Investments$568,000$1,076,417▲ $508,417
Land, Buildings, and Equipment, Net$514,145$539,246▲ $25,101
Cash and Non-Interest-Bearing Accounts$287,667$233,504▼ $54,163
Inventories for Sale or Use$170,756$218,383▲ $47,627
Total Assets$4,415,377$5,379,257▲ $963,880
Other Assets Total$178,919$111,958▼ $66,961
Liabilities
Other Liabilities$20,000$165,000▲ $145,000
Escrow Account Liability$49,707$49,333▼ $374
Accounts Payable and Accrued Expenses$49,004$43,705▼ $5,299
Total Liabilities$118,711$258,038▲ $139,327
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,638,410$4,177,172▲ $538,762
Net Assets With Donor Restrictions$658,256$944,047▲ $285,791
Total Net Assets Fund Balance$4,296,666$5,121,219▲ $824,553
Total Liabilities and Net Assets / Fund Balance$4,415,377$5,379,257▲ $963,880

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$488,313$174,746$663,059
Land$50,000-$50,000
Equipment$933$817$1,750
Other Securities$88,025--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nick WhittPresident
Albert RideoutBoard Member
Evan DixonBoard Member
Greg MillerBoard Member
Jeff DuncanBoard Member
Joy RiesBoard Member
Melissa ClementsBoard Member
Rev Charles JohnsonBoard Member
Tara HunterBoard Member
Tom MioduseskiBoard Member
Brittney GentrySecretary
Chester WatsonTreasurer
David OsborneVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$776,017
Program Service Revenue
$232,899
Investment Income
$82,337
Other Revenue
$817,560
All Other Contributions
$743,969
Change in Net Assets
$697,902

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 Amount
Clothing and Household Goods$71,351
Total Noncash Contributions$71,351
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$686,666
Salaries, Compensation, and Employee Benefits$524,245
Total Fundraising Expense$26,212
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$354,575$94,553$23,638$472,766
All Other Expenses$97,744$29,744-$127,488
Other Employee Benefits$38,609$10,296$2,574$51,479
Insurance$39,473$9,868-$49,341
Other Expenses$39,427$9,857-$49,284
Depreciation Depletion$26,899$6,725-$33,624
Fees for Services Accounting$15,459$3,865-$19,324
Interest$12,750--$12,750
Advertising$11,310$693-$12,003
Total Functional Expenses$941,704$242,995$26,212$1,210,911
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,042,410
Fundraising Direct Expenses$224,850
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bourbon Raffle$1,007,488$1,007,488$220,728$786,760
5k Run$34,922$34,922$4,122$30,800
Total Events$1,042,410$1,042,410$224,850$817,560
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loc$165,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
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
No
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, Page 6, Part VI, Line 11B

The full board is notified in advance of the audit and the findings and are provided copies of the audit

Form 990, Page 6, Part VI, Line 12C

Inquiry made at least annually at a board meeting

Form 990, Page 6, Part VI, Line 19

The board has a annual board meeting where anyone may attend and records are available at that time.

Filing and Contact Details

Filer

Filer Name
Habitat for Humanity of Henderson
EIN
61-1191876
Phone
2708699011
Address
PO BOX 1071, HENDERSON, KY 42420

Signing Officer

Name
David Osborne
Title
Vice President
Phone
2708699011
Signed
2025-01-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Osborne
Formed
1990
Legal Domicile
Ky
Voting Board Members
13
Independent Board Members
13
Employees
11

Preparer

Firm
Ata Pllc
Address
300 FIRST STREET, HENDERSON, KY 42420
Preparer
Kris a Kemp
Phone
2708271577
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Meals 18,141 4,535 0 repairs and maintenance - 16,592 4,148 0 tools 15,627 3,907 0 utilities 10,968 2,742 0 bank fees 10,288 2,572 0 office supplies & printin 10,472 0 0 contract labor 8,020 2,005 0 travel 0 7,927 0 telephone 2,873 718 0 family selection expense 2,702 675 0 memberships & subscriptio 1,684 421 0 donations 1,000 250 0 postage 846 211 0 miscellaneous fees -1,469 -367 0 total 97,744 29,744 0

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 1B

Donor restricted net assets, consists partially of an endowment fund established in 2013 to support the organization's mission to build affordable housing for low income families. Contributions to the endowment fund are subject to donor restrictions that stipulate the original principal of the gift is to be held and invested by the organization indefinitely and income from the fund is to be expended for construction of new homes and related projects. The endowment funds are held by the community foundation of western kentucky. As required by generally accepted accounting principles, net assets associated with endowment funds are classified and reported based on the existence or absence of donor-imposed restrictions. The organization has interpreted the state prudent management of institutional funds act (spmifa) as requiring the preservation of the fair value of the original gift as of the gift date of donor-restricted endowment funds absent explicit donor stipulations to the contrary. The remaining portion of the donor restricted fund that are not endowment donor restricted net assets are appropriated for expenditure by the organization for construction of new homes or a specific asset as determined by the donor.

Schedule D, Page 2, Part IV, Line 2B

Endowment fund schedule d, part iv the organization holds money in escrow accounts for homeowners who have an outstanding loan to the organization. These escrow accounts are used to pay homeowners property taxes and insurance.

Raw XML AppendixShowing 400 of 461 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/Desc2EQUIPMENT & SOFTWARE
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DONOR RESTRICTED NET ASSETS, CONSISTS PARTIALLY OF AN ENDOWMENT FUND ESTABLISHED IN 2013 TO SUPPORT THE ORGANIZATION'S MISSION TO BUILD AFFORDABLE HOUSING FOR LOW INCOME FAMILIES. CONTRIBUTIONS TO THE ENDOWMENT FUND ARE SUBJECT TO DONOR RESTRICTIONS THAT STIPULATE THE ORIGINAL PRINCIPAL OF THE GIFT IS TO BE HELD AND INVESTED BY THE ORGANIZATION INDEFINITELY AND INCOME FROM THE FUND IS TO BE EXPENDED FOR CONSTRUCTION OF NEW HOMES AND RELATED PROJECTS. THE ENDOWMENT FUNDS ARE HELD BY THE COMMUNITY FOUNDATION OF WESTERN KENTUCKY. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE ORGANIZATION HAS INTERPRETED THE STATE PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (SPMIFA) AS REQUIRING THE PRESERVATION OF THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF DONOR-RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. THE REMAINING PORTION OF THE DONOR RESTRICTED FUND THAT ARE NOT ENDOWMENT DONOR RESTRICTED NET ASSETS ARE APPROPRIATED FOR EXPENDITURE BY THE ORGANIZATION FOR CONSTRUCTION OF NEW HOMES OR A SPECIFIC ASSET AS DETERMINED BY THE DONOR.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ENDOWMENT FUND SCHEDULE D, PART IV THE ORGANIZATION HOLDS MONEY IN ESCROW ACCOUNTS FOR HOMEOWNERS WHO HAVE AN OUTSTANDING LOAN TO THE ORGANIZATION. THESE ESCROW ACCOUNTS ARE USED TO PAY HOMEOWNERS PROPERTY TAXES AND INSURANCE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 1B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 2, PART IV, LINE 2B
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FULL BOARD IS NOTIFIED IN ADVANCE OF THE AUDIT AND THE FINDINGS AND ARE PROVIDED COPIES OF THE AUDIT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INQUIRY MADE AT LEAST ANNUALLY AT A BOARD MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD HAS A ANNUAL BOARD MEETING WHERE ANYONE MAY ATTEND AND RECORDS ARE AVAILABLE AT THAT TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEALS 18,141 4,535 0 REPAIRS AND MAINTENANCE - 16,592 4,148 0 TOOLS 15,627 3,907 0 UTILITIES 10,968 2,742 0 BANK FEES 10,288 2,572 0 OFFICE SUPPLIES & PRINTIN 10,472 0 0 CONTRACT LABOR 8,020 2,005 0 TRAVEL 0 7,927 0 TELEPHONE 2,873 718 0 FAMILY SELECTION EXPENSE 2,702 675 0 MEMBERSHIPS & SUBSCRIPTIO 1,684 421 0 DONATIONS 1,000 250 0 POSTAGE 846 211 0 MISCELLANEOUS FEES -1,469 -367 0 TOTAL 97,744 29,744 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
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