Tulsa Habitat for Humanity Inc
Nonprofit profile at a glance
- EIN
- 731325063
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Tulsa, OK, USA
- Phone
- 9185924224
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Housing Development, Construction, Management
Reported finances
- Revenue
- $19,142,270
- Expenses
- $17,873,019
- Assets
- $33,167,277
- Liabilities
- $7,383,880
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
30 people listed
Executive titles in this filing
- CAMERON WALKER (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- CAMERON WALKER (CHIEF EXECUTIVE OFFICER): $402,731 total reported compensation
- PAMELA FIELDS (CHIEF OPERATIONS OFFICER): $307,014 total reported compensation
- DAVID ADDISON (CHIEF FINANCIAL OFFICER): $179,405 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, tulsa habitat for humanity brings people together to build homes, communities, and hope.
What it reported doing in 2024
Tulsa habitat for humanity is an ecumenical, non-profit christian housing ministry dedicated to eliminating poverty housing while providing homeownership solutions including new home construction, refurbishment to existing homes, and home preservation through repairs in partnership with those in need in tulsa county. Tulsa habitat has helped 621 families, plus supported international housing efforts assisting 335 families with habitat international. Locally, families make application to the habitat homeownership program. Once accepted, families complete an education program including money management training, homeownership preparation workshops, and construction training including hands-on experiences building components used in habitat homes. Families either help in building their new homes with habitat or purchase a reacquired/remodeled habitat house. Families repay zero-interest, no-profit mortgages held by habitat. Principal from mortgages goes back into helping habitat serve more families, provide more home ownership solutions, and building future homes. Habitat uses local products and local workers to produce simple, decent, and affordable homes.
Operating model
- Revenue model
- Earned-program. 62% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 82% 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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 84
- Accountability: 100
- Sustainability: 55
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.7%; rating input score 86
- Program expense ratio: 91.9%; rating input score 92
- Fundraising efficiency: $9.94 raised per $1 spent on fundraising; rating input score 38; 38th 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: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- 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; 42nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 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: 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: 6.6%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 1.86; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 56; 56th percentile among comparable filings
- Officer compensation ratio: 8.1%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: 17.7% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 14% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 14.1% per year; rating input score 100; 79th percentile among comparable filings
Details
- Where the money goes: 85.7% of revenue deployed · 91.9% of spending went to programs
- Governance: 23 of 23 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $16.4M in reported program spending
- Leadership: top reported pay $403K · 30 people listed · 2 of 6 pay-setting controls reported
- Consistency: 40 of 40 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 3 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 38/100.
- Review — Sustainability: Operating margin scored 59/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- High — Sustainability: Officer compensation ratio scored 29/100.
- Review — Sustainability: Liabilities to assets ratio scored 56/100.