2024-05-15T19:54:37-05:00 2023-06-30 320025877 Abare Kresge & Associates CPAs 1200 Plantation Island Drive St Augustine FL 32080 990 2022-07-01 593172803 Flagler Habitat For Humanity Inc FLAG 3865866180 2 West Moody Blvd Bunnell FL 32110 William Verhagen President 3862463545 2024-05-10 1 William Verhagen 999009999 1 William T Abare III CPA P00120073 9044600747 2024-05-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z William Verhagen 2 West Moody Blvd Bunnell FL 32110 2072032 0 X www.flaglerhabitat.com X 1992 FL Flagler Habitat for Humanity, Inc is an ecumenical Christian housing ministry whose mission is to eliminate substandard housing from Flagler County, and to make simple, decent, affordable shelter a matter of conscience and action. 13 12 12 0 42402 0 272941 172495 811012 789421 232052 302567 118593 42402 1434598 1306885 0 0 0 0 322248 294421 0 0 0 949561 710807 1271809 1005228 162789 301657 3653376 4070906 171205 283674 3482171 3787232 Flagler Habitat for Humanity, Inc is an ecumenical christian housing ministry whose mission is to eliminate substandard housing from Flagler County, and to make simple, decent, affordable shelter a matter of conscience and action. 0 0 843190 1091988 Construction of affordable housing. 843190 1 1 0 0 0 0 0 0 0 0 1 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 12 1 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 1 0 FL X Lindsay Elliott 3865866180 2 West Moody Blvd Bunnell FL 32110 Wilhemina Jones Secretary 5.00 X X 0 0 0 Dave Hanvey Director 2.00 X 0 0 0 Jack Leckie Treasurer 5.00 X X 0 0 0 David Beck Past President 2.00 X 0 0 0 Kim Lhota Director 2.00 X 0 0 0 Robert Erickson Vice President 5.00 X X 0 0 0 Robert Cuff Director 2.00 X 0 0 0 William Verhagen President 5.00 X X 0 0 0 Sandra McDermott Director 2.00 X 0 0 0 Derrick Jackson Director 2.00 X 0 0 0 Mark Larmore Director 2.00 X 0 0 0 William Bosch Director 2.00 X 0 0 0 Lindsay Elliott Executive Director 40.00 X 80313 0 0 80313 0 0 0 0 0 0 0 172495 18460 172495 Home construction 900099 789214 789214 Other Program Revenue 900099 207 207 789421 175958 175958 502000 375391 126609 126609 126609 432158 389756 42402 42402 1306885 1091988 42402 0 47617 35345 12272 186756 148746 38010 41863 32882 8981 18185 14284 3901 28754 28754 21986 9771 12215 2585 2585 1571 1571 1262 1262 15248 8371 6877 10857 9231 1626 Cost of Construction 335544 335544 Forgiven Third Mortgage 127000 127000 Mortgage Discount 84362 84362 Utilities 15469 8492 6977 66169 29162 37007 1005228 843190 162038 0 813239 729448 3128 7190 1959347 1852592 41446 36492 9095 8404 502499 249064 283931 253435 411196 477712 384098 65478 388051 3653376 4070906 44290 144621 88980 116145 37935 22908 171205 283674 X 3482171 3787232 3482171 3787232 3653376 4070906 301657 3404 0 X X 0 1 X 1 0 X 125483 101079 191979 266477 163855 848873 125483 101079 191979 266477 163855 848873 848873 3036 4425 517 156434 175958 340370 22235 22235 1211478 5158827 0.70070 0.79560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 323035 131169 191866 179464 117895 61569 253435 Land held for Resale 384098 C 384098 Construction in Progress 381232 Deposits 6819 388051 X 1700045 3404 389756 393160 1306885 0 1306885 1394984 389756 389756 1005228 0 1005228 Part IV, Line 2b: The Organization holds escrow monies for owners for which the Organization holds a mortgage. The escrow accounts are reconciled at the end of each month by the Organization. Part X, Line 2: Habitat has adopted FASB ASC 740-10, accounting for income taxes, which clarifies the accounting for uncertainty in income taxes recognized in an entity's financial statements. The interpretation prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Based on analyses of various federal and state filing positions of habitat, management believes that its income tax filing positions and deductions are well documented and supported. As of June 30, 2023, habitat had no temporary differences relating to the recognition of income and expenses for financial and tax reporting purposes. Accordingly, no deferred tax assets or liabilities are recorded. Additionally, as of June 30, 2023, habitat had no uncertain tax positions that would qualify for either recognition or disclosure in the financial statements. Therefore, no reserves for uncertain income tax positions have been recorded pursuant to FASB ASC 740-10. In addition, no cumulative effect adjustment related to the adoption of FASB ASC 740-10 was recorded. There have been no increases or decreases in unrecognized tax benefits for current or prior years since the date of adoption. Furthermore, no interest or penalties have been included since no reserves were recorded and no significant increases or decreases are expected to occur within the next 12 months. When applicable, such interest and penalties will be reported as income tax expense. Since tax matters are subject to some degree of uncertainty, there can be no assurance that habitat's tax returns will not be challenged by the taxing authorities and that habitat will not be subject to additional tax, penalties, and interest as a result of such challenge. At June 30, 2023, the periods that remain open to examination under federal statute are for the fiscal years ended June 30, 2020 through 2022. Part XI, Line 2d - Other Adjustments: COST OF GOOD SOLD IS NETTED AGAINST REVENUE ON FORM 990. 389,756. Part XII, Line 2d - Other Adjustments: COST OF GOOD SOLD IS NETTED AGAINST REVENUE ON FORM 990. 389,756. Form 990, Part VI, Section B, line 11b Form 990 is prepared by an independent CPA and presented to the Board of Directors by the Board treasurer. Form 990, Part VI, Section B, line 12c Officers, directors and/or trustees must read and sign that they have read the conflict of interest policy annually. Form 990, Part VI, Section B, line 15b Executive director and employees compensation are determined by the Board of Directors Form 990, Part VI, Section C, line 18 Upon request via telephone, mail, email or in person Form 990, Part VI, Section C, line 19 Financial statements are submitted to Habitat International annually. Documents, policies, and financial statements are available to the public by request. Form 990 - Part XII - Line 2C The Organization has not changed its oversight process withs respects to the audit or its selection process with respect to its independent auditor.