Arcadia-desoto County Habitat for Humanity Incorporated
Nonprofit profile at a glance
- EIN
- 593656661
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Arcadia, FL, USA
- Phone
- 8634944118
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,111,180
- Expenses
- $1,155,791
- Assets
- $1,545,947
- Liabilities
- $300,050
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- MITZIE MCGAVIC (PRESIDENT)
Highest reported compensation
- JENNIFER BOWSER (EXECUTIVE DI): $77,405 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission habitat for humanity works in partnership with god and people everywhere, from all walks of life, to develop communities with god's people in need by building and renovating houses so that there are decent homes in decent communities in which people can live and grow into all that god intended. Our goal to eliminate poverty housing and homelessness from the face of the earth by constructing and building adequte and basic housing. Furthermore, all of our words and actions are for the ultimate purpose of raising awareness in such a powerful way that poverty hosuing and homelessness become socially, politically, and religiously unacceptable in our country and throughout the world. Objectives 1) demonstrate the love and teachings of jesus christ. 2) advocate fon behalf of those in need of decent shelter. 3) focus on shelter by building and renovating simple, decent, affordable houses. 4) engage broad community through inclusive leadership and diverse partnerships. 5) promote di
What it reported doing in 2024
Building homes for sale to qualifying low and very low income families, who agree to mortgages with zero interest up to a maximum of 3% interest. The organization has no profit on these homes and uses the mortgage payments to build more such homes.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 90
- Accountability: 90
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.7%; rating input score 91
- Program expense ratio: 87.2%; rating input score 87
- Fundraising efficiency: $8.14 raised per $1 spent on fundraising; rating input score 31; 31st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -4%; rating input score 26; 26th percentile among comparable filings
- Total-asset coverage ratio: 1.34; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0.19; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 6.7%; rating input score 48; 48th percentile among comparable filings
Growth
- Program expense growth: 2.6% per year; rating input score 100; 29th percentile among comparable filings
- Revenue growth: 4.3% per year; rating input score 100; 39th percentile among comparable filings
- Asset growth: 5.9% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 90.7% of revenue deployed · 87.2% of spending went to programs
- Governance: 10 of 10 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1M in reported program spending
- Leadership: top reported pay $77K · 11 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 4 filed schedules
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 31/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Sustainability: Operating margin scored 26/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.
- Moderate — Sustainability: Officer compensation ratio scored 48/100.