Habitat for Humanity of Indiana

Legal name: Habitat for Humanity of Indiana Inc

Nonprofit profile at a glance

EIN
352104725
IRS 990 coverage
2012–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Indianapolis, IN, USA
Phone
(317) 454-8090
Rating
93
Verdict
STRONG
Rating confidence
Moderate
Affiliation
Christianity

Official website

Reported finances

Revenue
$7,607,542
Expenses
$7,414,732
Assets
$985,172
Liabilities
$214,750

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • WENDI GOODLETT (PRESIDENT)
  • LIZ QUA (VICE PRESIDENT)
  • GINA LECKRON (EXECUTIVE DIRECTOR)

Highest reported compensation

  • GINA LECKRON (EXECUTIVE DIRECTOR): $87,991 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Seeking to put God’s love into action, Habitat for Humanity brings people together to build homes, communities and hope. Currently, Elby serves as Deputy Director at Habitat for Humanity of Indiana. Returning to Habitat Indiana felt like a natural next step, as she remained deeply connected to the organization’s mission throughout her time away, including serving on the Habitat Indiana board. She is passionate about affiliate development, strengthening nonprofit capacity, and expanding access to affordable housing for all Hoosiers. In addition to her nonprofit leadership roles, Elby operates her own consulting business, Lady Bird Consulting, which supports nonprofit organizations through grant writing, research, strategic planning, and post-award grant management. Elby holds a bachelor’s degree in psychology f.

What it reported doing in 2024

Home investment fund project: habitat has a partnership with ihcda that has enabled them to set up a revolving loan fund for affiliates. The purpose of the project is to gain sustainability and attract private investment by providing affiliates seed money for home builds and rehab projects. The distribution structure is 50% loan and 50% grant. The goal is that the loan repayments and private investment will provide steady funding for the mission well into the future. This will allow habitat to serve many more hoosier families.state conference: habitat in hosts a large, annual state conference that serves as the primary vehicle for affiliate training. This educational event provides training in all aspects of affiliate operations including: construction, family selection, loan origination, servicing, and nonprofit management. In addition to training, affiliates are able to network with key vendors and sponsors to help advance the work in their local markets.attainable homeownership tax credits: habitat in was authorized to administer and issue tax credits by the state of Indiana to support the programs of habitat in and its member affiliates throughout Indiana. The tax credits are equal to 50% of contributions made to habitat in up to a maximum of $10,000 per year per donor. Contributions received that are designated to a member affiliate are then contributed to that affiliate minus a small processing charge. This tax credit program is currently scheduled to sunset on january 1, 2030.

Operating model

Revenue model
Donor-supported. 68% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 67% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 94
  • Accountability: 95
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.6%; rating input score 96
  • Program expense ratio: 98.1%; rating input score 98
  • Fundraising efficiency: $550.82 raised per $1 spent on fundraising; rating input score 96; 96th 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: 99.8%; rating input score 100; 41st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.5%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 0.13; rating input score 4; 4th percentile among comparable filings
  • Liabilities to assets ratio: 0.22; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 1.2%; rating input score 79; 79th percentile among comparable filings

Growth

  • Program expense growth: 27% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 21.3% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 12% per year; rating input score 100; 66th percentile among comparable filings

Details

  • What they do: 3 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 95.6% of revenue deployed · 98.1% of spending went to programs
  • Governance: 9 of 9 board members independent · 7 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $7.3M in reported program spending
  • Leadership: top reported pay $88K · 10 people listed
  • Consistency: 32 of 32 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 31 filed money-flow records
  • Related organizations: 30 filed related-organization links
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Total-asset coverage ratio scored 4/100.
  • Moderate — Sustainability: Operating margin scored 43/100.
  • Review — Accountability: Governance controls: Audit committee oversight not reported.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.