PLATINUM2024

Habitat for Humanity Abilene, Inc. Subordinate

Building Homes, Changing Lives.

aka Abilene Habitat for Humanity   |   Abilene, TX   |  https://abilenehabitat.org/
GuideStar Charity Check

Habitat for Humanity Abilene, Inc.

EIN: 75-2321956  Subordinate info


Mission

Habitat for Humanity is a nonprofit, ecumenical Christian housing ministry dedicated to eliminating substandard housing and homelessness worldwide and to making adequate, affordable shelter a matter of conscience and action. Habitat invites people from all faiths and walks of life to work together in partnership, building houses with families in need.

Ruling year info

1987

Executive Director

Rosten Callarman

Main address

101 Fulwiler Rd

Abilene, TX 79603 USA

Show more contact info

EIN

75-2321956

Subject area info

Economic development

Community improvement

Housing development

Christianity

Population served info

Economically disadvantaged people

NTEE code info

Housing Development, Construction, Management (L20)

Christian (X20)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Affiliations

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Affordable homeownership is an increasingly rare opportunity. The gap between area median income and median home sales prices is broadening every year, which means that the need and market for affordable homeownership is growing annually. Most of the affordable homes currently available are older, dilapidated, or poorly built.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Homeownership

To build decent, affordable houses for low-income families.

Population(s) Served
Economically disadvantaged people

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of housing units built

This metric is no longer tracked.
Totals By Year
Population(s) Served

Families, Low-income people, Working poor

Related Program

Homeownership

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Habitat for Humanity Abilene's goals are as follows:

1. To increase our new home production to average a minimum of ten homes per year.
2. To develop a neighborhood revitalization program that helps owner-occupants in low-to-moderate income neighborhoods improve their homes while improving their neighborhoods.
3. To make our work fiscally sustainable through creative adaptation of the Habitat model and partnership with local financial organizations.

Our short-term strategies for accomplishing the above goals include:

1. Maximizing our available construction funding by applying appropriate subsidies to the sales prices of homes we sell to our our partner families, rather than over-subsidizing homes and therefore limiting our construction funding.
2. Creating home-financing opportunities for our partner families by working with local banks and other financial institutions, rather than only offering Habitat-financed home ownership opportunities.
3. Utilizing volunteers primarily as advocates for our overall mission, rather than assuming their primary value is as a source of free construction labor.

With financial and construction partnerships across Abilene, Habitat for Humanity Abilene is uniquely qualified to be the primary source of affordable homeownership in the Big Country.

Since 1990, Habitat for Humanity Abilene has built 175 homes with and for our partner families. While our progress slowed to less than one home per year from 2019-2021, we are currently rebuilding our capacity. Since then we have completed four new homes, and are slated to complete at least five homes this year.

Financials

Habitat for Humanity Abilene, Inc.
Fiscal year: Jul 01 - Jun 30

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023 info

SOURCE: IRS Form 990

1.55

Average of 0.66 over 10 years

Months of cash in 2023 info

SOURCE: IRS Form 990

3.3

Average of 2.2 over 10 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

19%

Average of 21% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Habitat for Humanity Abilene, Inc.

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Habitat for Humanity Abilene, Inc.

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Habitat for Humanity Abilene, Inc.

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Habitat for Humanity Abilene, Inc.’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2019 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation $204,569 -$311,948 $102,437 $182,683 $37,562
As % of expenses 22.3% -26.5% 18.9% 22.1% 4.6%
Unrestricted surplus (deficit) after depreciation $179,842 -$334,869 $80,629 $162,415 $21,222
As % of expenses 19.1% -27.9% 14.3% 19.2% 2.6%
Revenue composition info
Total revenue (unrestricted & restricted) $845,437 $866,795 $644,635 $1,010,046 $880,388
Total revenue, % change over prior year -12.2% 2.5% -25.6% 56.7% -12.8%
Program services revenue 69.4% 77.1% 60.0% 50.6% 53.8%
Membership dues 0.0% 0.0% 0.0% 0.0% 9.7%
Investment income 0.0% 0.0% 0.0% 0.0% 0.1%
Government grants 5.1% 9.1% 2.5% 18.6% 25.4%
All other grants and contributions 22.4% 13.3% 23.5% 16.2% 10.1%
Other revenue 3.1% 0.5% 14.1% 14.7% 0.9%
Expense composition info
Total expenses before depreciation $915,868 $1,178,743 $542,198 $827,363 $813,283
Total expenses, % change over prior year 16.7% 28.7% -54.0% 52.6% -1.7%
Personnel 38.1% 31.1% 56.5% 34.8% 49.0%
Professional fees 2.9% 1.8% 5.6% 5.1% 6.3%
Occupancy 3.8% 2.6% 4.7% 3.3% 3.2%
Interest 0.7% 0.4% 0.7% 0.5% 0.5%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 54.5% 64.2% 32.5% 56.3% 41.0%
Full cost components (estimated) info 2019 2020 2021 2022 2023
Total expenses (after depreciation) $940,595 $1,201,664 $564,006 $847,631 $829,623
One month of savings $76,322 $98,229 $45,183 $68,947 $67,774
Debt principal payment $39,668 $0 $11,582 $96,426 $8,912
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $1,056,585 $1,299,893 $620,771 $1,013,004 $906,309

Capital structure indicators

Liquidity info 2019 2020 2021 2022 2023
Months of cash 0.8 0.4 3.9 3.9 3.3
Months of cash and investments 0.8 0.4 3.9 3.9 3.3
Months of estimated liquid unrestricted net assets 16.1 9.8 23.3 16.6 17.3
Balance sheet composition info 2019 2020 2021 2022 2023
Cash $57,260 $35,105 $174,788 $269,998 $221,193
Investments $0 $0 $0 $0 $0
Receivables $807,869 $822,465 $737,076 $802,265 $786,820
Gross land, buildings, equipment (LBE) $618,508 $623,318 $623,318 $550,114 $550,114
Accumulated depreciation (as a % of LBE) 61.1% 64.3% 67.8% 67.4% 70.4%
Liabilities (as a % of assets) 17.6% 24.1% 16.5% 9.1% 10.1%
Unrestricted net assets $1,332,227 $997,358 $1,077,987 $1,240,174 $1,261,396
Temporarily restricted net assets $30,735 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $30,735 $30,735 $30,735 $30,735 $60,278
Total net assets $1,362,962 $1,354,984 $1,108,722 $1,270,909 $1,321,674

Key data checks

Key data checks info 2019 2020 2021 2022 2023
Material data errors No Yes No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Executive Director

Rosten Callarman

Number of employees

Source: IRS Form 990

Habitat for Humanity Abilene, Inc.

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Habitat for Humanity Abilene, Inc.

Board of directors
as of 02/05/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board co-chair

Mark Aldriedge


Board co-chair

Tim Pittman

First Financial Bank

Term: 2022 - 2025

Gene Lantrip

Lantrip Custom Homes

Mark Aldriedge

Aldriedge Custom Homes

Nicole Grant

Sendero Properties

Jennifer Bell

Bell Billing Services

Angela Davis

HFHA Homeowner

Don Elliott

Retired

Kyle Felan

Big Country Title Company

Allysun Gutierrez

Zachry Publications

Frank Langley

Countryside Homes

Krista Masci

Directors Investment Group (Passare)

Laura Millican

First Texas Title Company

Organizational demographics

SOURCE: Self-reported; last updated 1/21/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data