Habitat for Humanity of Knox County
Nonprofit profile at a glance
- EIN
- 311216750
- IRS 990 coverage
- 2011–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Mt. Vernon, OH, United States
- Phone
- (740) 324-5407
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $1,192,021
- Expenses
- $646,606
- Assets
- $2,378,951
- Liabilities
- $765,784
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- JEREMY ABRAMS (President)
- SCOTT BOONE (Vice President)
Highest reported compensation
- TERENCE SCHULZ (AFFILIATE DIR.): $68,336 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Habitat for Humanity of Knox County is dedicated to making a positive impact in the lives of families in its community by providing safe, decent, and affordable housing and homeownership opportunities (serving Knox County since 1987). Knox County Habitat for Humanity was founded in 1987 when Habitat for Humanity’s founder, Millard Fuller visited First Congregational United Church of Christ here in Mt. Vernon. Inspired by his message, members of the church chartered a fully volunteer driven Habitat affiliate. Since 1987, Knox County Habitat has served over 35 families through partnership to provide safe, decent, and affordable housing. In the early 2000's, we opened our first ReStore location with the goal of generating revenue to fund additional builds and in 2014 hired our first Executive Director to continue to grow our organization. We strive to serve Knox County through providing...
What it reported doing in 2024
To provide affordable housing to low-income families that cannot afford commercial mortgages by building and rehabilitating homes using donated supplies, volunteer labor, contributed funds and properties. The constructed homes are sold to pre-selcted families at a value that approximates costs through no-interest financing provided by the Organization.
Operating model
- Revenue model
- Donor-supported. 79% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 99% 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 - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 73
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 46.8%; rating input score 47
- Program expense ratio: 86.3%; rating input score 86
- Fundraising efficiency: $23.69 raised per $1 spent on fundraising; rating input score 63; 63rd 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: 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 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 45.8%; rating input score 91; 91st percentile among comparable filings
- Total-asset coverage ratio: 3.68; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: 0.32; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 10.6%; rating input score 35; 35th percentile among comparable filings
Growth
- Program expense growth: 14.5% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 11% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 7.2% per year; rating input score 100; 48th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 46.8% of revenue deployed · 86.3% of spending went to programs
- Governance: 12 of 12 board members independent · 7 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $558K in reported program spending
- Leadership: top reported pay $68K · 12 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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: Mission deployment rate scored 47/100.
- High — Sustainability: Liabilities to assets ratio scored 23/100.
- Moderate — Sustainability: Officer compensation ratio scored 35/100.