Charity Review

Habitat for Humanity of Seattle - King County

Standards Not Met
 
(206) 453-2950 560 Naches Ave SW Ste 110, Renton WA 98057-2219 www.habitatskc.org

Standards for Charity Accountability

Governance
  1. 1. Board Oversight
  2. 2. Board Size
  3. 3. Board Meetings
  4. 4. Board Compensation
  5. 5. Conflict of Interest
Measuring Effectiveness
  1. 6. Effectiveness Policy
  2. 7. Effectiveness Report
Finances
  1. 8. Program Expenses
  2. 9. Fund Raising Expenses
  3. 10. Accumulating Funds
  4. 11. Audit Report
  5. 12. Detailed Expense Breakdown
  6. 13. Accurate Expense Reporting
  7. 14. Budget Plan
Fund Raising & Info
  1. 15. Truthful Materials
  2. 16. Annual Report
  3. 17. Website Disclosures
  4. 18. Donor Privacy
  5. 19. Cause Marketing Disclosures
  6. 20. Complaints
  1. Conclusions
  2. Purpose
  3. Tax Status
  4. Financial
Conclusions

Habitat for Humanity of Seattle - King County does not meet the following 2 Standards for Charity Accountability.

Standard 16: Annual Report - Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.

Habitat for Humanity of Seattle - King County does not meet this standard because:

Habitat for Humanity of Seattle - King County does not meet Standard 16 because it did not produce an annual report for the past fiscal year.

Standard 17: Website Disclosures - Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.

Habitat for Humanity of Seattle - King County does not meet this standard because:

Habitat for Humanity of Seattle - King County does not meet Standard 17 because its website, www.habitatskc.org, does not include all of the recommended information for those charity websites that solicit for donations. Specifically, it did not include a link to an annual report for the past fiscal year.

Purpose

Business incorporated: 05/19/1986 in WA

Tax Status

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.

Financial

The following information is based on Habitat for Humanity of Seattle - King County's Consolidated Audited Financial Statements for the fiscal year ending Monday, June 30, 2014.

Source of Funds
Contributions $2,884,671.00
Grants $734,703.00
In-kind Materials Donated for Resale $1,433,049.00
In-Kind Donations for Office and Construction $370,221.00
Sales of Homes $4,532,988.00
Special Events $480,481.00
Other Income $32,963.00
Mortgage Note Discount Amortization $721,119.00
Investment and Interest Income $9,440.00
Realized Gain on Sale of Investment $770,822.00
Forgiveness of Debt $255,000.00
NMTC Revenue $80,417.00
Habitat Store Income $1,441,333.00
Total Income: $13,747,207.00
 
Fusion Chart
 
Program Expenses: $12,162,569.00
Fundraising Expenses: $73,450,600.00
Administrative Expenses: $78,624,400.00
Total Expenses: $164,237,569.00
 
Expenses in Excess of Income: $150,490,362.00
 
Beginning Net Assets: $2,177,370,200.00
Ending Net Assets: $2,183,759,000.00
Total Liabilities: $2,039,955,700.00
Total Assets: $0.00


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 Council of Better Business Bureaus, Inc.

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

Standards Legend

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  • Standards Not Met IconStandards Not Met
  • Did Not Disclose IconDid Not Disclose
  • Review in Progress IconReview in Progress
  • Unable to Verify IconUnable to Verify
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Standard 16: Annual Report


Description:

Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.

Habitat for Humanity of Seattle - King County does not meet meet this standard because:

Habitat for Humanity of Seattle - King County does not meet Standard 16 because it did not produce an annual report for the past fiscal year.

Close

Standard 17: Website Disclosures


Description:

Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.

Habitat for Humanity of Seattle - King County does not meet meet this standard because:

Habitat for Humanity of Seattle - King County does not meet Standard 17 because its website, www.habitatskc.org, does not include all of the recommended information for those charity websites that solicit for donations. Specifically, it did not include a link to an annual report for the past fiscal year.