Habitat for Humanity of Tn Inc

Nonprofit profile at a glance

EIN
830368176
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Murfreesboro, TN, USA
Phone
6155121922
Rating
90
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$12,861,018
Expenses
$12,371,260
Assets
$2,366,080
Liabilities
$1,362,638

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

Leadership & pay

22 people listed

Highest reported compensation

  • COLLEEN DUDLEY (Executive Dir.): $139,500 total reported compensation

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

Overview

Mission

To be a statewide resource development and support organization, advocating for, and advancing the work of Tennessee's 38 habitat for humanity affiliates that serve over 60 counties by building strength, stability and self-reliance in partnership with individuals and families in need of decent and affordable housing.

What it reported doing in 2024

Providing education and technical assistance through the annual state 3-day conference, mandatory osha training classes for construction supervision, osha training for restore operators, advocacy education, and ongoing technical assistance for Tennessee habitat affiliates.

Operating model

Revenue model
Grant-funded. 97% of the money available for current operations came from government grants.
Distribution model
Grant intermediary. The nonprofit sent 98% 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. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 94
  • Accountability: 84
  • Sustainability: 37
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.4%; rating input score 95
  • Program expense ratio: 99.2%; rating input score 99
  • Fundraising efficiency: $626.42 raised per $1 spent on fundraising; rating input score 95; 95th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; 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; 66th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 3.8%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 0.19; rating input score 4; 4th percentile among comparable filings
  • Liabilities to assets ratio: 0.58; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 1.1%; rating input score 84; 84th percentile among comparable filings

Growth

  • Program expense growth: 27% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: 21.2% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 18.6% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 95.4% of revenue deployed · 99.2% of spending went to programs
  • Governance: 21 of 21 board members independent · 5 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $12.3M in reported program spending
  • Leadership: top reported pay $140K · 22 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 22 filed money-flow records
  • Related organizations: 21 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.

  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 4/100.
  • Moderate — Sustainability: Operating margin scored 49/100.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.