Transylvania Habitat for Humanity Inc

What it reported doing in 2024

Financial and homebuyer education programs: as a 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, 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 are covered. A more in-depth understanding of these important concepts is a tool that can be used to build a better future. Overall, transylvania habitat for humanity has facilitated workshops for more than 25 individuals in fy2025. Disaster response program: transylvania habitat for humanity provides disaster response services focused on shelter and housing recovery. In the aftermath of disasters, the organization partners with volunteers, donors, and community organizations to deliver housing assistance, repair services, and recovery support. Safe and stable shelter is a critical foundation for restoring health, safety, and economic stability following a disaster. During fiscal year 2025, the organization responded to hurricane helene, providing 23 initial responses; 26 temporary housing solutions: 31 elevation certificates; and 14 home repairs. Transylvania habitat for humanity 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 transylvania habitat for humanity'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 people together to build homes, communities and hope. As a result, in accordance with the financial accounting standards board guidelines and revenue service guidance, transylvania habitat for humanity 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 functional areas. To calculate the time allocation, transylvania habitat for humanity 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: 58.3%; rating input score 58
• Program expense ratio: 89.6%; rating input score 90
• Fundraising efficiency: $38.03 raised per $1 spent on fundraising; rating input score 74; 74th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • 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; 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: NotApplicable
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 47.1%; rating input score 91; 91st percentile among comparable filings
• Total-asset coverage ratio: 3.32; rating input score 76; 76th percentile among comparable filings
• Liabilities to assets ratio: 0.19; rating input score 45; 45th percentile among comparable filings
• Officer compensation ratio: 4.9%; rating input score 54; 54th percentile among comparable filings

Growth

• Program expense growth: 22.6% per year; rating input score 100; 88th percentile among comparable filings
• Revenue growth: 21% per year; rating input score 100; 89th percentile among comparable filings
• Asset growth: 8.9% per year; rating input score 100; 54th percentile among comparable filings