Habitat for Humanity - Spokane
Nonprofit profile at a glance
- EIN
- 943066722
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024
- Location
- Spokane, WA, USA
- Phone
- 5095342552
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Housing Development, Construction, Management
Reported finances
- Revenue
- $12,388,726
- Expenses
- $10,142,729
- Assets
- $17,634,100
- Liabilities
- $6,286,595
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- Michelle Girardot (Chief Executive Officer)
Highest reported compensation
- Michelle Girardot (Chief Executive Officer): $173,315 total reported compensation
- Kathryn Solomon (CFO (Until 6/25)): $113,274 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-Spokane adheres to a strict non-proselytizing policy and will not base an offer of assistance on the expressed or implied condition that people 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
Home Building: Families in need of a decent place to live build safe and affordable homes in partnership with us. Habitat houses are modestly sized. They are large enough for the homeowner family's needs, but small enough to keep construction and maintenance costs affordable. By using the labor of volunteers and prospective homeowners, employing efficient building methods, keeping house sizes modest, using donated construction materials and appliances, Habitat makes its houses affordable for low-income families to purchase. Affordable homeownership helps create the conditions that free families from instability, stress and fear and encourage self-reliance and confidence. (Continued on Schedule O)Studies show that strong and stable households are foundational to child development and growth. When a home fosters instead of hinders health and safety, families can flourish. Owning an affordable home also allows homeowners to lift their entire family by saving for their futures and investing in educational opportunities, bolstering job opportunities and long-term career growth. In fiscal year 2025, Habitat for Humanity-Spokane (HFHS) accomplished 31.6 housing solutions for low-income families and had 27 homes under construction at the end of the FY. Locally, 23 families moved into new or rehabilitated homes throughout Spokane County. In addition, 7 homes were built globally through Habitat's tithing program, to which HFHS contributed $40,500 to support safe, healthy, decent, affordable housing internationally.
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 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
SUPPORTED - 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: 71
- Transparency & Controls: 79
- Accountability: 95
- Sustainability: 67
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.7%; rating input score 70
- Program expense ratio: 85.1%; rating input score 85
- Fundraising efficiency: $8.39 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd 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: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: 18.1%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 1.74; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0.36; rating input score 41; 41st percentile among comparable filings
- Officer compensation ratio: 2.8%; rating input score 70; 70th percentile among comparable filings
Growth
- Program expense growth: 19.2% per year; rating input score 100; 89th percentile among comparable filings
- Revenue growth: 22.9% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 16.7% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 69.7% of revenue deployed · 85.1% of spending went to programs
- Governance: 14 of 14 board members independent · 8 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $8.6M in reported program spending
- Leadership: top reported pay $173K · 21 people listed · 2 of 6 pay-setting controls reported
- Consistency: 39 of 39 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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 33/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 41/100.