Pikes Peak Habitat for Humanity
Nonprofit profile at a glance
- EIN
- 351640064
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Colorado Springs, CO, USA
- Phone
- 7194757800
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $9,602,709
- Expenses
- $9,094,734
- Assets
- $16,025,654
- Liabilities
- $4,454,921
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- ERIC STOLP (PRESIDENT)
- JOE DESJARDIN (VICE PRESIDENT)
- KRISTINA LEWIS (CEO)
Highest reported compensation
- KRISTINA LEWIS (CEO): $154,091 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, pikes peak 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. Pikes peak habitat 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
Families in need of a decent place to live build safe and affordable homes in partnership with us. Habitat houses are modestly sized large enough for the homeowner family's needs, but small enough to keep construction and maintenance costs affordable. Volunteers and future homeowners help build our homes, and along with donated construction materials and appliances, and no-profit loans, habitat homes are affordable for low-income and workforce families to purchase. Affordable homeownership provides stability and encourages self-reliance and confidence. Strong and stable households are foundational to child development and growth, as well as health and safety. Homeowners can save for their futures and invest in education, bolstering job opportunities and long-term career growth. During fy 2025, pikes peak habitat served nine families with new home construction through its homeownership program, as well as more than 80 households whose mortgages we serviced/managed during fiscal year 2025. As part of the homeownership process, we believe financial education builds a more solid foundation for long-term personal success and helps lessen any concerns or barriers on the path to homeownership. During these financial education classes, we cover topics such as budgeting; credit cards and credit reports; debt and loans; saving, investing and planning for the future; emergency situations; and habitat homeowner mortgages. Pikes peak habitat provided 10 hours of homebuyer education workshops for each of the nine families whose homes closed during fy 2025.we tithe 10% of our undesignated donations to habitat for humanity international to build safe and affordable housing globally. In fy 25, our tithe of $191,600 served 43 families in bangladesh, uganda, dominican republic orphans and vulnerable groups, and the international disasters fund.
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 97% 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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 69
- Accountability: 100
- Sustainability: 54
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 82.5%; rating input score 83
- Fundraising efficiency: $3.03 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- 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; 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: 5.3%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 1.76; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0.28; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 1.7%; rating input score 77; 77th percentile among comparable filings
Growth
- Program expense growth: 10.9% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 10% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 7.3% per year; rating input score 100; 47th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 82.5% of spending went to programs
- Governance: 13 of 13 board members independent · 8 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $7.5M in reported program spending
- Leadership: top reported pay $154K · 14 people listed · 0 of 6 pay-setting controls reported
- Consistency: 33 of 34 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 2 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.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 9/100.
- Review — Sustainability: Operating margin scored 51/100.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.