PLATINUM2023

Habitat for Humanity Texarkana Inc Subordinate

A Hand UP Not A Hand OUT

Texarkana, TX   |  habitattexarkana.org
GuideStar Charity Check

Habitat for Humanity Texarkana Inc

EIN: 75-2104815  Subordinate info


Mission

“Seeking to put God’s love into action, Habitat for Humanity brings people together to build homes, communities, and hope.”

Ruling year info

1987

Executive Director

Mary Wormington

Board Chair

Theresa Baker

Main address

PO Box 1345

Texarkana, TX 75504 USA

Show more contact info

EIN

75-2104815

Subject area info

Rural development

Housing rehabilitation

Home ownership

Home financing

Housing development

Population served info

Seniors

Families

Low-income people

Veterans

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

Issues facing the organization: • Search for better lots and develop key partnerships to develop into land donations through City, surrounding cities, or County • Continue recruiting diverse board and committee • Cost of Building Materials

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?

Affordable Housing

Building decent, affordable houses for low-income families. Habitat for Humanity Texas is dedicated to eliminating substandard housing locally and worldwide through constructing, rehabilitating and preserving homes; by advocating for fair and just housing policies; and by providing training and access to resources to help families improve their shelter conditions. Habitat for Humanity was founded on the conviction that every man, woman and child should have a simple, durable place to live in dignity and safety, and that decent shelter in decent communities should be a matter of conscience and action for all.

Population(s) Served
Economically disadvantaged people
Seniors

Habitat for Humanity Texarkana (HFHT) is committed to building strength, stability, and self-reliance through our Critical Repair program. Critical Repair is defined as any disrepair that threatens the health or safety of the occupants of any home modification necessary to provide safe access for disabled persons. (Cosmetic repairs are excluded).
In keeping with the organization's philosophy of "A Hand Up, Not a Hand Out" program recipients are required to pay a fee of the total repair costs unless it is a partnership with a funding resource.
Recipients must meet the following eligibility requirements:
• Applicant must be elderly (over the age of 65), disabled or a U.S. Military Veteran with Honorable and General Under Honorable Conditions-Discharges
• Own and reside in the home for which repair is requested
• Reside within Miller or Bowie Counties
• Demonstrate the ability to pay the fee of the total cost of repair when applicable

Population(s) Served
Seniors
Social and economic status

Where we work

Affiliations & memberships

Habitat for Humanity Texas Affiliate of the Year 2021

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 houses built

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

Adults

Related Program

Critical Repair Program

Type of Metric

Other - describing something else

Direction of Success

Increasing

Context Notes

The goal for Habitat for Humanity Texarkana is providing a hand up not a hand out. To build a minimum of one home every six months, for qualifying applicants. To keep a pipeline for continuity.

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 Texarkana (HFHT) vision/mission is a community where everyone has a decent place to bring people together to build homes, communities and hope. To build more homes for qualified individuals and families.

To develop communications strategy, including website, outreach to media to build awareness of what HFHT does and dispel the myth that homes are free.

Partner with community businesses to hold workshops on financial stability and prepare hard working people to own a home.

Develop a group of builders willing to partner with HFHT to build affordable housing in an efficient manner.

Become more visible in our community and effectively tell our story, resulting in more
donors, volunteers, and home buyers
 Draw on board member contacts and circles of influence to strengthen partnerships
 Develop well-rounded fundraising program with grants and private donations (especially with
better marketing and story-telling as mentioned above), including a mail campaign to solicit
donations;
 Explore enhanced financial literacy and credit-building classes for the community.

The Organization Board started BIG to accomplish the goals and hired an Executive Director to structure and develop along with the Board a strategic plan.

Searching for better lots and developing key partnerships that might help land donations through City,
Developing Partnerships to accomplish goals set by Board
 More funding sources for the high cost of building materials
 Continue recruiting diverse board and committee members.

HFHT has hired an Executive Director

Established a Pipeline

Increased home building by 75%

Partnered with City to develop a repair program.

Recruited three Board Members - active and financially supportive

Financials

Habitat for Humanity Texarkana Inc
Fiscal year: Jul 01 - Jun 30
Financial documents
2022 Habitat for Humanity Texarkana 2020 Habitat for Humanity Texarkana
done  Yes, financials were audited by an independent accountant. info

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 2022 info

SOURCE: IRS Form 990

3.42

Average of 0.85 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

11.4

Average of 4.8 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

11%

Average of 3% 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 Texarkana Inc

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Habitat for Humanity Texarkana 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 Texarkana Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Habitat for Humanity Texarkana 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 2011 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $14,528 $3,604 $51,743 $11,170
As % of expenses 157.2% 3.3% 37.0% 3.9%
Unrestricted surplus (deficit) after depreciation $3,391 $2,318 $48,562 $5,275
As % of expenses 16.6% 2.1% 34.0% 1.8%
Revenue composition info
Total revenue (unrestricted & restricted) $23,768 $167,166 $280,245 $281,441
Total revenue, % change over prior year 0.0% 0.0% 67.6% 0.4%
Program services revenue 0.0% 25.3% -14.7% 3.2%
Membership dues 0.0% 0.0% 0.0% 0.0%
Investment income 21.6% 0.9% 2.6% 3.0%
Government grants 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 66.3% 58.2% 101.4% 87.9%
Other revenue 12.1% 15.6% 10.7% 5.9%
Expense composition info
Total expenses before depreciation $9,240 $109,562 $139,759 $288,859
Total expenses, % change over prior year 0.0% 0.0% 27.6% 106.7%
Personnel 0.0% 48.5% 53.4% 49.9%
Professional fees 13.4% 1.7% 12.0% 10.3%
Occupancy 34.9% 8.5% 17.3% 17.5%
Interest 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0%
All other expenses 51.7% 41.3% 17.2% 22.2%
Full cost components (estimated) info 2011 2020 2021 2022
Total expenses (after depreciation) $20,377 $110,848 $142,940 $294,754
One month of savings $770 $9,130 $11,647 $24,072
Debt principal payment $0 $0 $0 $0
Fixed asset additions $0 $0 $50,538 $11,000
Total full costs (estimated) $21,147 $119,978 $205,125 $329,826

Capital structure indicators

Liquidity info 2011 2020 2021 2022
Months of cash 273.1 18.9 17.8 11.4
Months of cash and investments 273.1 22.5 20.6 12.8
Months of estimated liquid unrestricted net assets 664.0 67.4 52.9 25.6
Balance sheet composition info 2011 2020 2021 2022
Cash $210,252 $172,708 $206,957 $275,011
Investments $0 $33,000 $33,000 $33,000
Receivables $301,049 $26,734 $38,000 $39,209
Gross land, buildings, equipment (LBE) $12,820 $9,000 $59,538 $70,538
Accumulated depreciation (as a % of LBE) 0.0% 14.3% 7.5% 14.7%
Liabilities (as a % of assets) 0.0% 10.8% 9.1% 10.4%
Unrestricted net assets $524,121 $623,193 $671,755 $677,030
Temporarily restricted net assets $0 N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A
Total restricted net assets $0 $54,000 $54,900 $36,312
Total net assets $524,121 $677,193 $726,655 $713,342

Key data checks

Key data checks info 2011 2020 2021 2022
Material data errors No 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

Mary Wormington

Mary is a Certified Non-Profit Professional serving as the first Director at Habitat for Humanity Texarkana (HFHT). Along with 20 years of experience in the field of non-profit management and public sector consulting Mary brings enthusiasm and optimism to grow HFHT and meet housing needs for individuals and families. With Mary's background in Marketing and Business Development, she knows the importance of relationship building, as well as financial due diligence, accountability, and fiduciary duty to grow the organization’s long-term sustainability through exceptional donor service. A passion for service Mary is a Charter Member of Texarkana Sunrise Rotary Club and Altrusa International. She is a Leadership Texarkana Alumni and a BSA Wood Badge Leader. CTM - Toastmasters. Continuing education in other fields Mary received her Accredited Jewelry Professional Certification from the Gemology Institute of America.

Board Chair

Theresa Baker

Experienced Regional Business Manager with a demonstrated history of working in the telecommunications industry. Skilled in Sales, Team Building, Management, Marketing, and Strategic Planning. Strong sales professional with a Bachelor's degree focused in Business, Management, Marketing, and Related Support Services from Texas A&M University-Texarkana.

Number of employees

Source: IRS Form 990

Habitat for Humanity Texarkana 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 Texarkana Inc

Board of directors
as of 02/09/2023
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

Theresa Baker

Business Manager Sparklight

Term: 2022 - 2024


Board co-chair

Patrick Dodd

Edward Jones Financial Advisor

Term: 2022 - 2024

Theresa Baker

Regional Business Manager Sparklight

Becky Easley

Remax Realtor

Jonathon (Mac) Carrell

Financial Relationship Consultant TeamLead at Regions Bank

Jaimie Alexander

Senior Pastor United Methosidt Church Texarkana

Misty Parker

JCM Inside Sales

Patrick Dodd

Edward Jones Financial Advisor

Jason Ross

Simmons Bank President

Holly Craigen

Realtor Better Homes and Garden

Haley Raney

Farmers Bank

Shanna Pollins

Regions Bank

Brenda Murphy

CPA

Christina King

Counselor

Randy Pennick

Construction Max Alley

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable

Organizational demographics

SOURCE: Self-reported; last updated 12/6/2021

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
Decline to state
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

The organization's co-leader identifies as:

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

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

We do not display disability information for organizations with fewer than 15 staff.

Equity strategies

Last updated: 12/06/2021

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
Policies and processes
  • We have community representation at the board level, either on the board itself or through a community advisory board.