A LETTER FROM THECHAIR AN

A LETTER FROM THECHAIR ANDPRESIDENTATLANTA HABITAT FOR HUMANITYFinancial HighlightsSummary of Operations 2004SOURCES OF CASHDonations $ 776,500House Sponsors-Corporate $ 1,827,000House Sponsors-Faith Based/Civic $ 797,500Foundations & Other Grants $ 648,500Special Events/Merchandise $ 33,000Homeowner Mortgage & Escrow Payments $ 1,836,000Homeowner Loan Payoffs $ 94,000ReStore Net Income $ 67,000Net Proceeds from Notes Payable $ 0Other $ 91,500Total Cash Receipts $ 6,171,000EXPENDITURESConstruction Program $ 3,124,500Property Acquisition $ 1,089,000Program Services $ 631,000Administrative Services $ 503,000Development/Communications $ 371,000Net Repayments of Notes Payable $ 0Total Expenditures $ 5,718,500Increase in Operating Cash $ 452,5006These financials are prepared on a cash basis.Financial information is unaudited. Audited financials are availableby calling (404) 223-5180, ext. 128.

Homework. The very word conjures up the subjects illustrated in this annual report, which correlate readily to theactivities of Atlanta Habitat. We work to assist Atlanta’s low-income families in building beautiful and efficienthomes while instilling the pride of homeownership and improving the neighborhoods where they live.Atlanta Habitat for Humanity continues to do its homework, with many behind-the-scenes tasks happeningevery day. Yes, we are a construction company. But did you know that we are also a mortgage banker, an educator,the operator of a retail store, a real estate acquisition group, and an advocate for better housing?Over 100 House Sponsor groups from the corporate, civic and faith communities provided $2.6 millionin funding and nearly 100,000 hours of volunteer labor to build 45 new houses and renovate seven Habitat IIhomes in 2004. True to our mission, 46% of these homes were built in partnership with congregations frommetro Atlanta’s churches, mosques and synagogues.Creative partnerships characterize these efforts. For example, six of last year’s new homes were builtthrough a unique partnership with the Annie E. Casey Foundation and the Pittsburgh Community ImprovementAssociation. The Casey Foundation challenged Atlanta Habitat to secure gifts totaling $220,000 to augmentits commitment of $200,000.In 2004, we focused on enhancements to house design and construction and expanded our homebuyeroutreach strategy and education programs.Our efforts to build quality homes that are attractive as well as affordable were recognized by specialawards. We received a Special Achievement Award for Superior Design from the Georgia Department ofCommunity Affairs. And, Southface honored Atlanta Habitat with its Nonprofit Builder of the Year Award forour commitment to EarthCraft certification and our leadership in the green building community.Outreach to potential homebuyer applicants was significantly expanded in 2004 through a grantearmarked to reach Atlanta’s growing Hispanic population. Eleven percent of last year’s homebuyerscame from the Hispanic community, deeming this outreach initiative a huge success. Atlanta Habitat hasalso established strong relationships with the Latin American Association, the Hispanic Health Coalitionof Georgia and the Consumer Credit Counseling Service, which will serve us well as we continue to spreadthe word about homeownership opportunities.Atlanta Habitat is unique among Habitat affiliates nationwide in requiring all new homebuyer families toparticipate in a year-long education program. During their first year, homebuyers must attend monthly workshopson topics such as budgeting and financial planning, home maintenance and repair, and civic involvement.Two recently created partnerships are allowing Atlanta Habitat to better serve our homebuyer families.Money Smart, an FDIC financial education program for adults, is now offered to all of our homeowners throughthe DeKalb County Extension Service. Additionally, King & Spalding LLP offers pro bono estate planning servicesto all Atlanta Habitat homeowners to assist them in preparing for their families’ futures.If you ever wondered how our homebuyer families feel about our organization, we have some excitingnews to share. In a survey of families spanning all of Atlanta Habitat’s homebuilding, 92% reported a positiveeffect on their overall quality of life, 98% had a positive experience building their home, and 99% have or wouldrecommend Atlanta Habitat to other prospective homebuyers. These statistics motivate us to continue doingour homework, and we hope they inspire you, too.We at Atlanta Habitat continue to be grateful to the caring spirit of our donors, sponsors, and volunteersfor supporting responsible, working families and, in turn, strengthening the fabric of our community. Thank you.Linda Arnold ParrishChair, Board of DirectorsLarrie D. MartinPresident and Executive Director7