PLATINUM2023

Greater Fredericksburg Habitat for Humanity Subordinate

Building strength, stability and self-reliance

aka Greater Fredericksburg Habitat For Humanity   |   Fredericksburg, VA   |  www.fredhab.org
GuideStar Charity Check

Greater Fredericksburg Habitat for Humanity

EIN: 54-1737851  Subordinate info


Mission

We build strength, stability and self-reliance through shelter. Habitat homeowners help build their own homes alongside volunteers and pay an affordable mortgage. A decent home gives them the strength, stability and independence they need to create a better life for themselves and their families.

Notes from the nonprofit

Covid 19: Areas Affected/Actions Taken Construction: Volunteer pool limited due to pandemic Volunteer restrictions paused several times throughout Fiscal Year 2021. Increased cost of building due to using more contractors Increased cost/delays due to supply chain issues ReStore: Operations shut down for several weeks due to exposure Hours have been reduced to 5 hours a day; evening hours paused Volunteers limited, paused several times Reduced income due to limited hours and higher staff wages vs volunteer help Reduced income due to lower donations Administration: Closed office to the public limiting public contact Staff working from home increased IT costs Homebuyer program slowed due to transferring to virtual activity Actions Taken: Contractors used in construction to keep building program going Virtual programs instituted for Homebuyer program Paycheck Protection Program loan received to keep staff during shutdown Increased use of social media to communicate

Ruling year info

N/A

Executive Director

Ms. Cassie Kimberlin

Main address

PO Box 8265

Fredericksburg, VA 22404 USA

Show more contact info

EIN

54-1737851

Subject area info

Community improvement

Housing development

Human services

Population served info

Adults

Families

Economically disadvantaged people

NTEE code info

Housing Development, Construction, Management (L20)

Community, Neighborhood Development, Improvement (S20)

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Affordable homeownership is a critical component of a healthy economy and a primary path to build generational wealth. Due to a rapidly rising population and associated soaring home prices, affordable homeownership is increasingly out of reach for many low to moderate income residents of the greater Fredericksburg area.

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?

Homebuying Program

Providing the opportunity to purchase an affordable home in Fredericksburg, King George, Spotsylvania, or Stafford County. Loans are offered either through Habitat for Humanity or a qualified third party provider.

Population(s) Served
Adults
Families

The ReStore sells donated items including building supplies, furniture, appliances, and other home goods. Donated items that are appropriate for Habitat home builds are re-directed to a build site. The ReStore also serves as a community resource by donating requested materials to local nonprofits, social service agencies, and houses of worship and to their pre-screened clients.

Population(s) Served
Economically disadvantaged people
Adults

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.

Hours of volunteer service

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

Adults

Related Program

Homebuying Program

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Context Notes

Total hours between January 1 and December 31 of each calendar year. Volunteer hours rebounded in 2022 after covid restrictions were lifted by many groups, but still have not fully recovered.

Number of homes built and rehabilitated

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

Adults

Related Program

Homebuying Program

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Number of homes that are ready for legal occupancy in the calendar year.

Number of volunteers

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

Economically disadvantaged people

Related Program

Homebuying Program

Type of Metric

Output - describing our activities and reach

Direction of Success

Decreasing

Context Notes

The number of individual volunteers who contribute unpaid labor towards a Habitat project in the calendar year indicated. Note: COVID-19 still had an effect on volunteering for first half of year.

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 seeks to address this problem by building and/or renovating property with the help of volunteers, and offering or facilitating access to affordable home mortgages to purchase homes.

-Recruit eligible applicants who demonstrate need, ability to repay, and willingness to partner
-Build/renovate homes and sell them at affordable prices
-Engage volunteers to reduce the overall cost of homes and build awareness of the need for housing.
-Leverage engaged citizens to advocate for affordable housing solutions, including but not limited to homeownership options.

Habitat has strong capabilities, to make progress due to engaged volunteers and community supporters, as well as an established strategic plan that is reviewed annually. In addition, these capabilities are supported by a national parent organization (Habitat for Humanity International) and a statewide organization (Habitat Virginia).

In 2019, Habitat began building five new homes on South Street in the City of Fredericksburg. The first new homeowner (Ryan) moved into their new home in March 2020, the second homeowner (Tammie) moved into her new home in December 2020, and the third homeowner (Joyce) moved into her new home in July 2021, the fourth homeowner (Je'Niqua) moved into her new home in February 2022. We are expecting the fifth and final new home on South Street to have a new homeowner in 2022. We also had a new homeowner (Wendy) move into her rehabbed home in January 2021.

We are currently rehabbing two homes and expect they will both have new homeowners in 2022 as we have program participants that have chosen them. We are planning for new construction and will continue to rehab more homes.

All programs have been slowed due to COVID-19.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We demonstrated a willingness to learn more by reviewing resources about feedback practice.
done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback, It is difficult to find the ongoing funding to support feedback collection, Staff find it hard to prioritize feedback collection and review due to lack of time, It is difficult to get honest feedback from the people we serve

Financials

Greater Fredericksburg Habitat for Humanity
Fiscal year: Jul 01 - Jun 30
Financial documents
2021 2020 2019 2018 GFHFH 6_30_18 FINANCIAL STMTS.pdf
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 2023 info

SOURCE: IRS Form 990

0.41

Average of 0.85 over 10 years

Months of cash in 2023 info

SOURCE: IRS Form 990

6.2

Average of 3.7 over 10 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

14%

Average of 12% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Greater Fredericksburg Habitat for Humanity

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Greater Fredericksburg Habitat for Humanity

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

Greater Fredericksburg Habitat for Humanity

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Greater Fredericksburg Habitat for Humanity’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 -$390,494 $243,022 $124,560 -$224,096 -$160,988
As % of expenses -28.4% 16.8% 6.8% -9.1% -8.5%
Unrestricted surplus (deficit) after depreciation -$421,968 $211,608 $94,758 -$252,822 -$188,295
As % of expenses -30.0% 14.3% 5.1% -10.2% -9.8%
Revenue composition info
Total revenue (unrestricted & restricted) $1,582,692 $1,769,135 $1,973,135 $2,299,173 $1,697,396
Total revenue, % change over prior year 49.9% 11.8% 11.5% 16.5% -26.2%
Program services revenue 8.8% 12.3% 17.9% 32.4% 18.4%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.6%
Government grants 0.0% 5.4% 16.0% 1.8% 2.9%
All other grants and contributions 90.8% 82.2% 66.1% 65.4% 73.1%
Other revenue 0.4% 0.0% 0.0% 0.4% 5.0%
Expense composition info
Total expenses before depreciation $1,373,475 $1,448,137 $1,841,075 $2,459,754 $1,892,444
Total expenses, % change over prior year 18.7% 5.4% 27.1% 33.6% -23.1%
Personnel 51.8% 57.8% 51.4% 39.3% 52.0%
Professional fees 1.1% 1.9% 1.9% 1.1% 1.6%
Occupancy 19.6% 20.2% 17.4% 12.3% 17.8%
Interest 0.4% 0.3% 0.2% 0.1% 0.1%
Pass-through 1.2% 0.3% 1.1% 0.9% 1.0%
All other expenses 25.9% 19.5% 27.9% 46.2% 27.4%
Full cost components (estimated) info 2019 2020 2021 2022 2023
Total expenses (after depreciation) $1,404,949 $1,479,551 $1,870,877 $2,488,480 $1,919,751
One month of savings $114,456 $120,678 $153,423 $204,980 $157,704
Debt principal payment $111,427 $0 $352,541 $0 $86,167
Fixed asset additions $53,469 $0 $0 $0 $0
Total full costs (estimated) $1,684,301 $1,600,229 $2,376,841 $2,693,460 $2,163,622

Capital structure indicators

Liquidity info 2019 2020 2021 2022 2023
Months of cash 2.9 5.3 2.7 4.5 6.2
Months of cash and investments 2.9 5.3 2.7 4.5 6.2
Months of estimated liquid unrestricted net assets 11.2 12.4 10.3 6.5 7.3
Balance sheet composition info 2019 2020 2021 2022 2023
Cash $336,809 $635,316 $409,575 $924,175 $970,320
Investments $708 $708 $708 $708 $708
Receivables $475,791 $398,250 $378,061 $344,272 $294,617
Gross land, buildings, equipment (LBE) $332,029 $332,029 $355,449 $355,449 $352,449
Accumulated depreciation (as a % of LBE) 33.4% 42.8% 47.7% 55.8% 63.2%
Liabilities (as a % of assets) 23.5% 33.4% 26.7% 26.8% 67.0%
Unrestricted net assets $1,279,991 $1,491,599 $1,586,357 $1,333,535 $1,145,240
Temporarily restricted net assets $0 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 $0 $0 $7,500 $71,015 $36,955
Total net assets $1,279,991 $1,491,599 $1,593,857 $1,404,550 $1,182,195

Key data checks

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

Operations

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

Documents
Form 1023/1024 is not available for this organization

Executive Director

Ms. Cassie Kimberlin

Cassie Kimberlin is the Executive Director of Greater Fredericksburg Habitat for Humanity, a local organization dedicated to bringing affordable homeownership to the region. Cassie became involved as a volunteer for Habitat in 2007 and has swung a hammer on build sites from Mississippi to New York City. She joined the Habitat team in 2013 and specializes in strategic planning, community organizing, and advocacy. Cassie also serves on the Board of Directors for Spotsylvania Education Foundation and as Service Chair for the Rappahannock Rotary Satellite Club. Cassie loves funnel cake and baseball - especially the Washington Nationals.

Number of employees

Source: IRS Form 990

Greater Fredericksburg Habitat for Humanity

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.

Greater Fredericksburg Habitat for Humanity

Board of directors
as of 11/13/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mr. Joe Romero

University of Mary Washington

Term: 2018 - 2024

Joe Romero

University of Mary Washington

Ashley Taylor

Dugan Caswell

ACVN Architects

Tracy McPeck

Central Rappahannock Regional Library

Cynthia Martinez

Retired

Jackson Key

Parrish Snead Franklin Simpson PLC

Karen Adams

Summit Mortgage

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? Yes

Organizational demographics

SOURCE: Self-reported; last updated 3/19/2021

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
White/Caucasian/European
Gender identity
Female
Sexual orientation
Decline to state
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

Equity strategies

Last updated: 11/13/2023

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 disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.