Habitat for Humanity of Wicomico County Inc
Nonprofit profile at a glance
- EIN
- 521522421
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Fruitland, MD, USA
- Phone
- 4105461551
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Housing Development, Construction, Management
Reported finances
- Revenue
- $3,281,667
- Expenses
- $2,819,181
- Assets
- $6,890,678
- Liabilities
- $2,236,811
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- MOLLY HILLIGOSS (PRESIDENT & CEO)
Highest reported compensation
- MOLLY HILLIGOSS (PRESIDENT & CEO): $94,655 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 to realize our vision of a world where everyone has a decent place to live. Habitat for humanity wicomico adheres to a strict non-proselytizing policy and will not offer assistance on the expressed or implied condition that people must adhere to or convert to a particular faith or listen and respond to messaging designed to induce conversion to a particular faith.
What it reported doing in 2024
Critical home repair program: the critical home repair program provides urgent and major home repairs to preserve homes for our low-income homeowners that desire to age in place. Hfhwc deeply understands the desire of seniors to live independently and safely in their own homes. Two sub-programs include "aging in place and "veteran build" both ensuring that elderly homeowners in wicomico and somerset counties can enjoy their homes for years to come, with dignity and comfort. Referrals and collaborations with other non-profits, tidalhealth and government offices have been in place for the last 10 years. Eligibility criteria: 1)homeowners residing in wicomico or somerset counties. 2) individuals struggling with critical home repairs that pose a threat to safety and/or health. 3) households meeting income guidelines and demonstrating a financial need and 4) home being repaired must be homeowner occupied.
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 liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 64
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.9%; rating input score 77
- Program expense ratio: 89.5%; rating input score 90
- Fundraising efficiency: $18.3 raised per $1 spent on fundraising; rating input score 57; 57th 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: 8 of 8 controls in place; rating input score 100
- 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: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 14.1%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 2.44; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: 0.32; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 3.4%; rating input score 66; 66th percentile among comparable filings
Growth
- Program expense growth: 18.2% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 15.4% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: 10.7% per year; rating input score 100; 61st percentile among comparable filings
Details
- Where the money goes: 76.9% of revenue deployed · 89.5% of spending went to programs
- Governance: 15 of 15 board members independent · 8 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $2.5M in reported program spending
- Leadership: top reported pay $95K · 16 people listed
- Consistency: 34 of 34 current checks pass
- Schedules: 6 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
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Fundraising efficiency scored 57/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.