Sea Island Habitat for Humanity Resale Store Inc

Nonprofit profile at a glance

EIN
571066902
IRS 990 coverage
2009–2014
Forms available
Form 990 2014
Location
Johns Island, SC, USA
Phone
8435594009
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Housing Development, Construction, Management

Official website

Reported finances

Revenue
$823,425
Expenses
$734,991
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • STEVE BOTTCHER (PRESIDENT)
  • BOB AARON (VICE PRESIDENT)
  • ANN WEISER (VICE PRESIDENT)
  • JOHN RHODEN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JOHN RHODEN (EXECUTIVE DIRECTOR): $102,488 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The sea island habitat for humanity restore exists to raise funds and awareness for the mission of sea island habitat for humanity (sihh) through the resale of donated furnishings and construction materials.

What it reported doing in 2014

Support provided to sihh for new construction and home repairs projects to serve low-income families. Sihh provides interest-free 20-30 year mortgage loans on new construction projects sold to the community. Tons of materials destined for landfills were reused through restore sales operations and deconstruction projects during the year.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 59% for direct work, and 41% for affiliated organizations.
  • 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. Program spending has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 90
  • Accountability: 100
  • Sustainability: 41
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.2%; rating input score 85
  • Program expense ratio: 95.6%; rating input score 96
  • Fundraising efficiency: $104.38 raised per $1 spent on fundraising; rating input score 89; 89th 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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th 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: 10.7%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 1.5%; rating input score 66; 66th percentile among comparable filings

Growth

  • Program expense growth: -6.3% per year; rating input score 0; 22nd percentile among comparable filings
  • Revenue growth: 2.8% per year; rating input score 100; 45th percentile among comparable filings
  • Asset growth: -18.2% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 85.2% of revenue deployed · 95.6% of spending went to programs
  • Governance: 4 of 4 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $703K in reported program spending
  • Leadership: top reported pay $102K · 6 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 6 filing years from 2009 to 2014
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.