Joplin Area Habitat for Humanity

What it reported doing in 2024

Aging in place program: we partner with families, communities, and local organizations to help older adults improve their homes and their quality of life so that they can flourish where they live. To guide our work, habitat developed housing plus, a comprehensive aging in place strategy. This person-centered approach uses two different assessments to tailor the process to each homeowner's needs. These assessments, which consider everything from the resident's lifestyle to their type of home, allow us to address older adults' needs holistically, improving the likelihood that they can age in place. Financial and homebuyers education programs: as part of the homeownership process, we believe financial education builds a more solid foundation for long-term personal success and helps alleviate any concerns or barriers on the path to homeownership. During these financial education classes, we cover topics such as budgeting; credit cars and credit reports; debt and loans; saving, investing, and planning for the future; emergency situations; and habitat homeowner mortgages. A more in-depth understanding of these important concepts is a tool that can be used to build a better future. Disaster response program: the most basic needs - health, water, shelter, sanitation, livelihoods, safety, education, and others - become both scarce and dire in the event of a disaster. We believe that safe, reliable shelter provides the foundation from which all of these things can begin to reemerge during the relief and rebuilding process. With the help of volunteers and donors, we are able to provide shelter assistance, education, training, and partnerships to affected individuals who find themselves in unthinkable situations after a disaster strikes. Joplin area habitat for humanity, inc. Is committed to efficiency and transparency. We communicate with our supporters, donors, and prospective donors by email, postal mail, phone, and other means, both to request contributions to our cause and to educate the public about joplin area habitat for humanity, inc.'s year-round programs, volunteer opportunities, and other events in local communities and around the world. These efforts help advance our mission to put god's love into action by bringing standards board guidelines and internal revenue service guidance, joplin area habitat for humanity, inc. Allocates a portion of our fundraising costs to program services. As a nonprofit organization that is exempt from federal taxation, we ensure our donors' money is spent as efficiently and effectively as possible. Additionally, we have certain expenses that cannot be billed separately for each functional area. Rent, utilities, information technology, and other costs are grouped together. We allocate these costs in compliance with generally accepted accounting principles, or gaap, across the program (including habitat restores), management and general, and fundraising categories. Finally, some staff members have responsibilities that cross over function areas. To calculate the time allocation, joplin area habitat for humanity, inc. Divides the number of hours spent on a project outside of a staff member's designated expense category by the total hours worked during that period and allocates that percentage of costs to the appropriate expense category.

Financial Efficiency

• Mission deployment rate: 81.3%; rating input score 81
• Program expense ratio: 84.9%; rating input score 85
• Fundraising efficiency: Limited

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: 6 of 7 controls in place; rating input score 86
  • 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: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 13.4%; rating input score 68; 68th percentile among comparable filings
• Total-asset coverage ratio: 2.53; rating input score 69; 69th percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 86; 86th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

• Program expense growth: 5% per year; rating input score 100; 40th percentile among comparable filings
• Revenue growth: -4.3% per year; rating input score 0; 4th percentile among comparable filings
• Asset growth: 1.8% per year; rating input score 100; 19th percentile among comparable filings