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CHARITY REVIEW
Issued: August 2022 Expires: August 2024

Amarillo Habitat for Humanity

Accredited Charity
Accredited Charity

Meets Standards

2700 S Wilson St
Amarillo, TX, 79103

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Amarillo Habitat for Humanity meets the 20 Standards for Charity Accountability.

Stated Purpose:
"Seeking to put God's love into action, Habitat for Humanity brings people together to build homes, communities and hope."

Year, State Incorporated:
1981, TX

Also Known As:
Habitat for Humanity ReStore

The organization is dedicated to providing safe, affordable housing to the underserved, low-to-moderate socioeconomic populations in the community that have a housing need (i.e. unsafe environment, no access to utilities such as water, overcrowding, etc.).

For the year ended June 30, 2021, Amarillo Habitat for Humanity's program expenses were:

Total Program Expenses $631,917
Total Program Expenses $631,917

Chief Executive
Alason Moorhead, Executive Director

Compensation*
$48,000

Board Size
13

Method(s) Used:
Print advertisements (newspapers, magazines, etc.), Television

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Amarillo Habitat for Humanity's audited financial statements for the year ended June 30, 2021.

Source of Funds
Sale of Merchandise $621,413
Grants and Contributions $214,623
Amortization of Mortgage Discounts $100,935
Net Sales of Homes $60,387
In-Kind Contributions $33,682
Late Fees Rent and Other $19,504
Cost of Homes Sold $-103,590
Total Income $946,954

Programs: 82% Fundraising: 3% Administrative: 15%

Total Income $946,954
Total expenses: $775,257
  Program expenses $631,917
  Fundraising expenses $24,088
  Administrative expenses $119,252
  Other expenses $0
Income in Excess of Expenses $171,697
Beginning Net Assets $2,103,374
Other Changes In Net Assets $0
Ending Net Assets $2,275,071
Total Liabilities $1,017,626
Total Assets $3,292,697

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB of Amarillo