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SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. CONSOLIDATED FINANCIAL STATEMENTS AND INDEPENDENT AUDITOR'S REPORT FOR THE YEARS ENDED JUNE 30, 2025 and 2024

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. TABLE OF CONTENTS Page No. INDEPENDENT AUDITOR'S REPORT

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FINANCIAL STATEMENTS Consolidated Statement of Financial Position Consolidated Statement of Activities Consolidated Statement of Functional Expenses Consolidated Statement of Cash Flows Notes to Financial Statements SUPPLEMENTARY INFORMATION Supplemental Statement of Financial Position Supplemental Statement of Activities Supplemental Statement of Functional Expenses Supplemental Statement of Changes in Members' Equity Supplemental Statement of Cash Flows Supplemental Schedule - Summary of Projects

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INDEPENDENT AUDITOR’S REPORT To the Governing Board San Gabriel Valley Habitat for Humanity, Inc. Monrovia, California Opinion We have audited the accompanying consolidated financial statements of San Gabriel Valley Habitat for Humanity, Inc., which comprise the consolidated statement of financial position as of June 30, 2025 and 2024, and the related consolidated statements of activities, functional expenses and cash flows for the years then ended, and the related notes to the consolidated financial statements. In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of San Gabriel Valley Habitat for Humanity, Inc. as of June 30, 2025 and 2024, and the changes in its net assets and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America. Basis for Opinion We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of San Gabriel Valley Habitat for Humanity, Inc. and to meet our other ethical responsibilities in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Responsibilities of Management for the Financial Statements Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about San Gabriel Valley Habitat for Humanity, Inc.'s ability to continue as a going concern within one year after the date that the financial statements are available to be issued. Auditor’s Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with generally accepted auditing standards will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.

Auditor’s Responsibilities for the Audit of the Financial Statements (continued) In performing an audit in accordance with generally accepted auditing standards we: • Exercise professional judgment and maintain professional skepticism throughout the audit • Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of San Gabriel Valley Habitat for Humanity, Inc.'s internal control. Accordingly, no such opinion is expressed • Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements • Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about San Gabriel Valley Habitat for Humanity, Inc.'s ability to continue as a going concern for a reasonable period of time We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control related matters that we identified during the audit. Report on Supplementary Information Our audit was conducted for the purpose of forming an opinion on the financial statements as a whole. The accompanying supplemental statements are presented for purposes of additional analysis and are not a required part of the financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the financial statements. The information has been subjected to the auditing procedures applied in the audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the information is fairly stated, in all material respects, in relation to the financial statements as a whole.

Goehner Accountancy March 10, 2026 Pasadena, California

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. CONSOLIDATED STATEMENT OF FINANCIAL POSITION

CURRENT ASSETS Cash and cash equivalents Restricted cash Investments Contributions and other receivables Mortgage loans receivable, current portion ReStore inventory Houses under construction Other assets

2025

ASSETS $

Total current assets PROPERTY AND EQUIPMENT - NET NONCURRENT ASSETS Intangible assets - net Note receivable Mortgage loans receivable, less current portion Right-of-use assets - operating leases Right-of-use assets - finance leases Total noncurrent assets TOTAL ASSETS LIABILITIES AND NET ASSETS CURRENT LIABILITIES Accounts payable Accrued expenses and other liabilities Deferred revenue Lease liabilities - operating leases, current portion Lease liabilities - finance leases, current portion Line of credit Advanced funds for ADU loans Notes payable, current portion

JUNE 30,

10,770,739 1,318,500 77,080 650,035 100,771 108,069 8,466,062 338,705

2024 291,783 1,315,000 1,268,050 239,671 103,557 224,918 8,475,185 252,811

21,829,961

12,170,975

148,463

135,329

7,091,975 10,014,534 1,587,547 123,976

1,945 6,894,457 1,788,362 -

18,818,032

8,684,764

40,796,456

20,991,068

575,997 486,314 632,057 497,124 16,035 1,080,000 1,400,000 1,996,497

285,015 423,056 542,643 644,643 450,000 1,400,000 1,944,676

Total current liabilities

6,684,024

5,690,033

1,194,276 108,358 22,686,509

1,231,915 4,170,439

23,989,143

5,402,354

TOTAL LIABILITIES

30,673,167

11,092,387

NET ASSETS Without donor restriction: Undesignated Board designated

454,576 8,416,388

5,280,732 4,502,649

Total without donor restriction

8,870,964

9,783,381

With donor restriction

1,252,325

115,300

10,123,289

9,898,681

LONG-TERM LIABILITIES Lease liabilities - operating leases, less current portion Lease liabilities - finance leases, less current portion Notes payable, less current portion Total long-term liabilities

TOTAL NET ASSETS AND MEMBERS' EQUITY TOTAL LIABILITIES, NET ASSETS, AND MEMBERS' EQUITY

The accompanying notes are an integral part of this statement. -3-

40,796,456

20,991,068

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. CONSOLIDATED STATEMENT OF ACTIVITIES FOR THE YEARS ENDED JUNE 30,

2025

SUPPORT AND REVENUE Contributions and grants In-kind contributions ReStore sales and donations Sales to homeowners Rental income Imputed interest income on mortgage loans ADU program revenue Donated services Interest income Bad debt Gain on sale of mortgages Forgiveness of debt Other income Net assets released from restrictions: Purpose restricted Time restricted

Without donor restriction $

Total support and revenue

With donor restriction

Total

Without donor restriction

3,116,334 $ 1,245,454 1,430,531 4,302,721 85,361 72,002 48,000 117,796 (26,783) 452,003

1,222,025 $ -

4,338,359 1,245,454 1,430,531 4,302,721 85,361 72,002 48,000 117,796 (26,783) 452,003

85,000

(85,000)

10,928,419

1,137,025

2024 With donor restriction

Total

1,120,548 $ 1,765,046 1,858,649 1,864,000 75,855 87,000 812,624 49,519 158,199

545,400 $ -

59,370 573,650

(59,370) (573,650)

12,065,444

8,424,460

(87,620)

8,336,840

1,665,948 1,765,046 1,858,649 1,864,000 75,855 87,000 812,624 49,519 158,199 -

EXPENSES Program services General and administrative Fundraising

7,768,796 635,765 296,275

8,560,019 550,285 401,163

Total expenses

8,700,836

9,511,467

CHANGE IN NET ASSETS

2,227,583

1,137,025

3,364,608

(1,087,007)

(87,620)

(1,174,627)

NET ASSETS AND MEMBERS' EQUITY AT BEGINNING OF YEAR

9,783,381

115,300

9,898,681

7,730,388

202,920

7,933,308

3,140,000

CURRENT YEAR CAPITAL CONTRIBUTIONS

CURRENT YEAR CAPITAL DISTRIBUTIONS NET ASSETS AND MEMBERS' EQUITY AT END OF YEAR

The accompanying notes are an integral part of this statement.

(3,140,000)

8,870,964 $

1,252,325 $

10,123,289

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9,783,381 $

115,300 $

9,898,681

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. CONSOLIDATED STATEMENT OF FUNCTIONAL EXPENSES FOR THE YEARS ENDED JUNE 30,

2025 Program services Bank charges $ Building materials, supplies, and other Conference travel Depreciation and amortization Equipment Events Insurance Interest expense Lease expense Mortgage discounts Newsletter Occupancy Other Postage Printing Professional fees Salaries and benefits Supplies Telephone Tithes and dues $

General and administrative

Fundraising

3,610 $

1,625 $

3,483,214 36,948

5,906

2,658

3,483,214 45,512

76,790 88,798 42,365 82,043 962,840 52,798 31,933 75,929 85,687 3,616 18,535 94,197 2,462,943 8,087 29,454 105,764

23,600 12,957 41,395 4,445 3,919 920 5,068 85,144 441,765 1,271 5,765 -

10,620 50,079 2,722 18,628 2,000 1,763 414 2,281 200,319 572 2,594 -

76,790 123,018 50,079 58,044 82,043 1,022,863 52,798 31,933 82,374 91,369 4,950 25,884 179,341 3,105,027 9,930 37,813 105,764

7,768,796 $

635,765 $

296,275 $

8,700,836

26,855 $

The accompanying notes are an integral part of this statement.

Program services

Total 32,090

-5-

40,875 $

2024 General and administrative

Fundraising

Total

2,573 $

2,059 $

45,507

4,327,529 42,171

8,770

7,016

4,327,529 57,957

58,432 100,721 132,613 102,994 942,359 21,860 441,761 55,389 1,383 8,495 11,674 2,197,567 11,413 27,715 35,068

2,877 18,644 10,741 42,576 7,056 8,450 432 2,151 88,820 350,090 2,359 4,746 -

2,302 14,915 27,886 8,593 34,061 5,645 6,760 346 1,720 284,175 1,888 3,797 -

63,611 134,280 27,886 151,947 102,994 1,018,996 21,860 454,462 70,599 2,161 12,366 100,494 2,831,832 15,660 36,258 35,068

8,560,019 $

550,285 $

401,163 $

9,511,467

10,770,739

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. CONSOLIDATED STATEMENT OF CASH FLOWS

2025

CASH FLOWS FROM OPERATING ACTIVITIES CHANGE IN NET ASSETS

JUNE 30,

3,364,608

2024 (1,174,627)

Adjustments to reconcile the change in net assets to used for operating activities: Imputed interest income on mortgage loans, net of discounts Depreciation and amortization expense Amortized interest Amortized lease expense In-kind contributions towards houses under construction Gain on sale of fixed assets Discounts on new notes receivable

(72,002) 76,790 29,257 16,074 (1,857,817) 52,796

(73,170) 63,611 22,767 45,963 (3,600) -

Changes in operating assets and liabilities: Contributions and other receivables ReStore inventory Houses under construction Other assets Accounts payable Accrued expenses and other liabilities Deferred revenue

(7,500,629) 116,849 (2,084,225) 24,180 284,940 78,258 89,414

890,854 340,730 (5,441,020) (24,661) 17,017 201,266 542,643

CASH USED FOR OPERATING ACTIVITIES

(7,381,507)

(4,592,227)

CASH FLOWS FROM INVESTING ACTIVITIES Purchase of investments Mortgage loans issued Mortgage payments received Proceeds from the sale of fixed assets Proceeds from investments Purchase of intangible assets Purchase of fixed assets

(3,226,991) 128,906 2,002,135 (128,125) (84,928)

(1,090,248) (961,942) 122,904 3,600 (2,918) (22,957)

CASH USED FOR INVESTING ACTIVITIES

(1,309,003)

(1,951,561)

CASH FLOWS FROM FINANCING ACTIVITIES Additional borrowing on line of credit Capital contributions Principal payments on line of credit Additional borrowing from related party Additional borrowings for loan fund Additional borrowings on notes payable Principal payments on notes payable

1,080,000 (450,000) 7,726,333 11,496,673 (680,040)

450,000 3,113,000 (395,000) 1,400,000 3,632,922 (568,744)

CASH PROVIDED BY FINANCING ACTIVITIES

19,172,966

7,632,178

NET INCREASE IN CASH

10,482,456

1,088,390

CASH AT BEGINNING OF YEAR

1,606,783

518,393

CASH AT END OF YEAR

12,089,239

1,606,783

SUMMARY OF CASH AND CASH EQUIVALENTS AT END OF YEAR: Cash and cash equivalents $ Restricted cash

10,770,739 1,318,500

291,783 1,315,000

12,089,239

1,606,783

$ $

148,461 -

$ $

25,823 -

SUPPLEMENTAL DISCLOSURE: CASH PAID FOR INTEREST CASH PAID FOR INCOME TAXES

The accompanying notes are an integral part of this statement. -6-

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. NOTES TO FINANCIAL STATEMENTS JUNE 30, 2025 AND 2024 NATURE OF ORGANIZATION San Gabriel Valley Habitat for Humanity (SGV Habitat) was incorporated in California in 1990 as a nonprofit corporation. SGV Habitat is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code (the Code), and is also exempt from state income taxes. SGV Habitat has been classified as a publicly supported organization, which is not a private foundation, under Section 509(a) of the Code. Contributions made by the public are deductible for income tax purposes.

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SGV Habitat is an affiliate of Habitat for Humanity International, Inc. (Habitat International), a nondenominational Christian nonprofit organization whose purpose is to create decent, affordable housing for those in need, and to make decent shelter a matter of conscience with people everywhere. Although Habitat International assists with information resources, training, publications, prayer support, and in other ways, SGV Habitat is primarily and directly responsible for its own operations. SGV Habitat's primary source of income consists of sales of homes, along with cash and in-kind contributions.

LIQUIDITY The following table reflects SGV Habitat's financial assets as of June 30, 2025 and 2024, reduced by amounts not available for general expenditure within one year. Financial assets are considered unavailable when illiquid or not convertible to cash within one year, assets held for others, restricted by donors, or set aside by the Governing Board. The Board designations could be drawn upon if the Board approves of the action. 2025 Cash and cash equivalents Investments Contributions and other receivables Mortgage loans receivable, current portion Less: Net assets with purpose restrictions

June 30,

10,770,739 77,080 650,035 100,771

(662,025) $

10,936,600

2024 291,783 1,268,050 239,671 103,557 -

1,903,061

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The financial statements of SGV Habitat have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America (GAAP). Certain prior year amounts have been reclassified to conform to current year presentation. A summary of significant accounting policies follows, to enhance the usefulness of the financial statements to the reader.

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SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. NOTES TO FINANCIAL STATEMENTS (CONTINUED) JUNE 30, 2025 AND 2024 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) CONSOLIDATION In accordance with GAAP, the financial statements of San Gabriel Valley Habitat for Humanity, Inc. (SGV Habitat), SGVHFH Funding Company, LLC (SGVHFH Funding Co.), Neighborhood Housing Partners, Inc. (NHP), San Gabriel Valley Leverage Lender, LLC (SGV Leverage Lender) and Presbyterian Habitat Affordable Housing Partners, LLC (PHAHP) are consolidated into the financial statements of San Gabriel Valley Habitat for Humanity, Inc. All material intercompany transactions as of June 30, 2025 and 2024 have been eliminated. CASH AND CASH EQUIVALENTS Cash consists of cash on hand and cash on deposit. For purposes of the statement of cash flows, SGV Habitat considers all short-term investments with a maturity of three months or less to be cash. Financial instruments that potentially subject SGV Habitat to concentrations of credit risk consist principally of cash deposits at financial institutions and investments in marketable securities. At times, balances in SGV Habitat's cash and investment accounts exceeded the Federal Deposit Insurance Corporation (FDIC) or Securities Investors Protection Corporation (SIPC) limits. INVESTMENTS Investments consist of certificates of deposit, which are stated at the contract price plus accrued interest. The fair value of these investments is a level 2 classification (see FAIR VALUE MEASUREMENTS). CONTRIBUTIONS RECEIVABLE Contributions receivable represent unconditional promises-to-give, which are recognized as income when received and recorded at fair value based upon estimated future cash flows. All contributions receivable are expected to be collected within one year. MORTGAGE LOANS RECEIVABLE Mortgage loans receivable consist of non-interest bearing mortgage loans from homeowners that are secured by real estate and are received in monthly installments over the lives of the respective mortgages. Rent payments received before loans become effective are applied as deposits towards the buyer's purchase price through escrow. These non-interest bearing mortgages are recorded at their net realizable value and have been discounted at the inception of each mortgage based upon prevailing market rates for low-income housing. This rate is recommended by Habitat International and does not approximate current market conditions. Utilizing the effective interest method, this discount is recognized as interest income over the terms of the mortgages. A concentration of credit risk may arise from the mortgage loans receivable. Certain grants provided by local governments or institutional investors (donating entities) would be required to be repaid to the donating entity in the event the projects for which the grants were provided are sold by the homeowners within a specified time period, between 5 and 45 years. These contingent obligations of the homeowners range from approximately $200,000 to $452,000 and are documented in the form of silent second and third trust deeds held by SGV Habitat (CalHome restricted) or outside of SGV Habitat.

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SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. NOTES TO FINANCIAL STATEMENTS (CONTINUED) JUNE 30, 2025 AND 2024 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) ALLOWANCE FOR LOAN LOSSES Before a mortgage is issued, the candidate is carefully screened for financial condition, cash flow, and ability to meet the loan repayment schedule. This screening is done to identify qualified borrowers who can repay the mortgages and mitigate the default rate on mortgages receivable. Loans are classified as delinquent when payments are 30 days overdue. At June 30, 2025 and 2024, no loans were past due. Because the mortgages are heavily discounted when recorded and the value of the collateral is in excess of the discounted mortgages, losses resulting from non-payment are not likely. Also, because of the contingent obligations in that the homeowners are liable for the second and third trust deeds on the properties (see MORTGAGE LOANS RECEIVABLE), the default rate of these mortgages is very low. However, if a loan becomes delinquent for more than 90 days and management determines that the homeowner will be unable to repay the mortgage balance, SGV Habitat will commence with foreclosure procedures. RESTORE INVENTORY ReStore inventory consists of purchased items and donated building materials available for sale to the general public; the recorded value of donated inventory is estimated based on prior year sales to approximate the gift-in-kind fair value when received. PROPERTY AND EQUIPMENT Property and equipment are reported at cost, or if donated, at the fair market value on the date received. Depreciation is computed on a straight-line basis over estimated useful lives of 3 to 5 years. Maintenance and repairs are recorded as expenses in the year incurred, and renewals and betterments exceeding $1,000 are capitalized. INTANGIBLE ASSETS Intangible assets are reported at cost. Amortization is computed on a straight-line basis over the estimated useful life. LEASES SGV Habitat categorizes leases with contractual terms longer than 12 months as either operating or finance. Lease liabilities are recognized at the present value of the fixed lease payments, reduced by any incentives received. Lease right-of-use (ROU) assets are recognized based on the initial present value of the fixed lease payments, less any lease incentives, plus any direct costs incurred in executing the lease. In measuring the present value, SGV Habitat uses the interest rate stated or implicit in the lease agreement. If the interest rate is not easily determinable based on the terms of the lease agreement, SGV Habitat uses the risk-free rate at the commencement of the lease. When the lease includes an option to extend the lease term, terminate the lease before the contractual expiration date, or purchase the leased asset, and it is reasonably certain that SGV Habitat will exercise the option, the option is considered in determining the classification and measurement of the lease. Lease agreements with lease and non-lease components are combined as a single lease component for all classes of underlying assets.

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SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. NOTES TO FINANCIAL STATEMENTS (CONTINUED) JUNE 30, 2025 AND 2024 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) LEASES (continued) Costs associated with operating leases are recognized on a straight-line basis over the term of the lease. Finance lease assets are amortized on a straight-line basis over the lease term, with the interest component of the lease included in interest expense. Certain leases include variable payments based on factors such as price indices, common area maintenance, or the lessor's operating costs, which are expensed as incurred. Leases with an initial term of 12 months or less are expensed on a straight-line basis over the lease term. SGV Habitat does not recognize a ROU asset or lease liability for leases with terms of less than 12 months. NOTES PAYABLE, DISCOUNTS, AND DEBT ISSUANCE COSTS Notes payable are recorded at their principal amount net of unamortized discounts and unamortized debt issuance costs. Discounts on notes payable arise when the stated interest rate is below market or when notes are issued for consideration other than cash. Debt issuance costs consist primarily of legal, advisory, and other direct costs incurred in connection with the issuance of debt. Discounts on notes payable and debt issuance costs are presented as a direct deduction from the carrying amount of the related debt and are amortized to interest expense over the contractual term of the debt using the effective interest method. Interest expense includes stated interest, amortization of discounts, and amortization of debt issuance costs. SGV Habitat evaluates the materiality of discounts and debt issuance costs at inception and, when applicable, records such amounts in accordance with the guidance in U.S. GAAP. Costs incurred with obtaining financing are capitalized and amortized over the lives of the respective financing arrangements. Debt issuance costs of $530,181 and $98,205, net of accumulated amortization of $445,653 and $21,047, as of June 30, 2025 and 2024, respectively, are reported as a reduction of the related debt. Amortization of debt issuance costs is reported as a component of interest expense and is calculated using the straight-line method. GAAP requires that the effective interest rate method be used to amortize the costs; however, the effect of using the straight-line method is not materially different from the results that would have been obtained under the effective interest rate method. NET ASSETS SGV Habitat reports information regarding its financial position and activities according to two classes of net assets: without donor restriction and with donor restriction, as described below: Without donor restriction includes funds which are expendable for the support of SGV Habitat's operations. With donor restriction includes funds which donors have restricted for specific purposes and/or specific timetables.

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SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. NOTES TO FINANCIAL STATEMENTS (CONTINUED) JUNE 30, 2025 AND 2024 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) REVENUE RECOGNITION SGV Habitat’s material revenue-generating activities and related accounting policies are as follows: ReStore Sales and Sales to Homeowners SGV Habitat recognizes revenue on the sale of goods to customers at its ReStore locations and on the sale of homes at a point in time. Revenue is recognized when the title to goods is passed to its customers or homeowners, in an amount that reflects the consideration SGV Habitat expects to be entitled to in exchange for those products. Contributions Contributions are recorded when cash or unconditional promises-to-give have been received, or when ownership of donated assets is transferred to SGV Habitat. SGV Habitat records contributions as restricted if donors restrict their use for a specific purpose or time or both. When donor restrictions expire, that is, when the purpose restriction is fulfilled or the time restriction expires, net assets with donor restriction are reclassified to net assets without donor restriction and reported in the statement of activities as net assets released from restrictions. It is SGV Habitat's policy to record donor restricted contributions received and expended in the same accounting period as contributions without donor restrictions. When contributions are restricted by donors for the acquisition of property or other long-lived assets, the restriction is considered to be met when the property or other long-lived asset is acquired. In-kind Contributions SGV Habitat receives donated building materials and various other building supplies for use in the construction of houses. Such donations are recorded in the statement of activities as in-kind contributions at their estimated fair value on the date received. Assets received with explicit restrictions regarding their use are reported as increases in net assets with donor restriction. Absent donor stipulations regarding how long those donated assets must be maintained, SGV Habitat reports expirations of donor restrictions when the amounts are expended as instructed by the donor. SGV Habitat reclassifies net assets with donor restriction to net assets without donor restriction at that time. During the years ended June 30, 2025 and 2024, in-kind contributions amounted to $1,245,454 and $1,765,046, and donated services amounted to $0 and $812,624, respectively. DONATED SERVICES SGV Habitat receives substantial donated architectural, construction, and legal services in conjunction with home construction and sales to homeowners. Contributed services are recognized as in-kind contributions in accordance with Topic 958 of the Financial Accounting Standards Board (FASB) Accounting Standards Codification of Accounting for Contributions Received and Contributions Made, if the services (a) create or enhance nonfinancial assets, or (b) require specialized skills, that would otherwise be purchased by SGV Habitat. In addition to donated services recorded in the financial statements, many other individuals routinely provide voluntary services to the overall work of SGV Habitat. These services have a significant impact on making the housing program effective. However, the value of these services is not reflected in the financial statements because it does not meet the criteria described above. -11-

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. NOTES TO FINANCIAL STATEMENTS (CONTINUED) JUNE 30, 2025 AND 2024 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued) FUNCTIONAL ALLOCATION OF EXPENSES The financial statements report certain categories of expenses that are attributable to more than one program or supporting function. Therefore, these expenses require allocation on a reasonable basis that is consistently applied. The expenses that are allocated include personnel expenses, and office and occupancy, which are allocated on a basis of time and efforts. USE OF ESTIMATES The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. FAIR VALUE MEASUREMENTS Accounting principles generally accepted in the United States of America require that items recorded at fair market value be valued as level one, two or three, based on various inputs and methodologies as described below: Level 1 - quoted prices and active markets for identical holdings Level 2 - significant observable market-based inputs, other than Level 1 quoted prices, or unobservable inputs that are based on comparable market data Level 3 - significant observable inputs that are not based on comparable market data INCOME TAXES SGV Habitat operates as a nonprofit corporation under section 501(c)(3) of the Internal Revenue Code and is exempt from federal and state income taxes; accordingly, no provision is made for current or deferred income taxes. SGV Habitat uses the same accounting methods for tax and financial reporting. RESTRICTED CASH Restricted cash totaled $1,318,500 and $1,400,000 as of June 30, 2025 and 2024, respectively, and represents amounts designated for use in the SGV Habitat's revolving accessory dwelling unit (ADU) loan program. Pursuant to the terms of the related Housing Innovation Grant agreement, these funds may be used solely to originate and service loans under the ADU lending program. The restricted cash is available for current lending activities, including the issuance of new ADU loans and the re-lending of principal repayments and interest received from borrowers, in accordance with the program’s guidelines. The revolving ADU loan fund is scheduled to expire in 2056. Upon expiration of the loan program, any remaining restricted cash will be distributed or otherwise used in accordance with the terms of the agreement and applicable regulations.

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SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. NOTES TO FINANCIAL STATEMENTS (CONTINUED) JUNE 30, 2025 AND 2024 HOUSES UNDER CONSTRUCTION In accordance with GAAP, houses under construction are stated at cost, which is lower than market value. Houses under construction consisted of: 2025 Angeleno, Azusa Caltrans properties Lancaster, Los Angeles Lee Lane, El Monte Lucile, Arcadia Olive, Altadena Stewart, Baldwin Park Torch, Baldwin Park

June 30,

2024

2,455,042 $ 1,706,495 25,000 27,989 900 5,747 2,099,309 2,145,580

1,566,242 979,883 25,000 21,371 900 3,976,145 1,905,644

8,466,062

8,475,185

NOTE RECEIVABLE SVG Leverage Lender entered into an interest bearing note receivable due from Twain Investment Fund 880, LLC. The note bears interest at a fixed annual rate of 1%. Interest-only payments are due semi-annual through June 16, 2032. Beginning thereafter, the note requires semi-annual payments of principal and interest through the stated maturity date of April 16, 2045. As of June 30, 2025, the outstanding principal balance was $7,091,975. The future amounts to be received under note receivable outstanding at June 30, 2025 are: 2026 2027 2028 2029 2030 Thereafter

7,091,975

For the year ended June 30, 2025, interest income earned on the note receivable was $14,775, and is included in interest income.

-13-

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. NOTES TO FINANCIAL STATEMENTS (CONTINUED) JUNE 30, 2025 AND 2024 MORTGAGE LOANS RECEIVABLE Mortgage loans receivable consisted of: 2025 Allen, Los Angeles Baldwin Park Boulevard, Baldwin Park Breese Avenue, Baldwin Park Chestnut Street, Glendale Collegian Avenue, Monterey Park Desiderio, Pasadena Euclid Avenue, Duarte Gardena Avenue, Glendale Geneva Street, Glendale Howard Street, Pasadena Keats, Los Angeles Kenwood Street, Glendale Lomita, Glendale Manzanita, Pasadena Maxon, El Monte Navarro Avenue, Pasadena Nubia Street, Baldwin Park Olive Street, Baldwin Park Orange Street, Glendale Pacific Avenue, Glendale Palmer Avenue, Glendale Sheffield, Los Angeles Sherman Avenue, Monrovia University Drive, Pasadena Wesley Avenue, Pasadena A Brush with Kindness exterior home repairs

Less discount at rates ranging from 7.38% to 8.18% $ As of June 30, 2025 and 2024, there were no loan defaults.

-14-

June 30,

621,213 110,000 361,547 135,000 192,980 1,159,019 2,877 388,296 263,857 620,298 1,270,891 360,000 228,597 105,000 300,357 131,500 507,388 1,099,995 9,334 219,636 1,848,894 291,368 100,000 100,000 243,785

2024 110,000 361,547 135,000 192,980 1,159,019 8,078 3,261 393,408 263,857 1,331,774 360,000 228,597 105,000 300,357 135,000 507,388 1,099,995 15,110 236,747 310,871 100,000 100,000 115,757

10,671,832

7,573,746

(556,527)

(575,732)

10,115,305

6,998,014

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. NOTES TO FINANCIAL STATEMENTS (CONTINUED) JUNE 30, 2025 AND 2024 MORTGAGE LOANS RECEIVABLE (continued) The future amounts to be received under mortgage loans receivable outstanding at June 30, 2025 are: 2026 2027 2028 2029 2030 Thereafter

100,771 97,769 92,864 89,131 89,131 10,202,166

10,671,832

PROPERTY AND EQUIPMENT Property and equipment consisted of: 2025 Construction tools Leasehold improvements Office equipment Software Vehicles

Less accumulated depreciation Net property and equipment

June 30,

19,816 1,128,947 118,711 4,000 228,612

2024 19,816 1,125,847 94,679 4,000 170,815

1,500,086

1,415,157

(1,351,623)

(1,279,828)

148,463

135,329

Depreciation expense for the years ended June 30, 2025 and 2024 was $71,794 and $61,665, respectively. INTANGIBLE ASSETS Intangible assets consisted of: 2025 Website SA Recapture Guarantee Less accumulated amortization

June 30,

16,177 $ 128,125 (19,228)

125,074

2024 16,177 (14,232) 1,945

Amortization expense for the years ended June 30, 2025 and 2024 was $4,996 and $1,946, respectively. -15-

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. NOTES TO FINANCIAL STATEMENTS (CONTINUED) JUNE 30, 2025 AND 2024 DEFERRED REVENUE Deferred revenue consists of advances received from grants and other contracts to provide future services. Deferred revenue for the current years ended June 30, 2025 and June 2024 was a follows: 2025 Deferred revenue, beginning balance

Advances recognized as revenue Advanced payments received

June 30,

542,643

(284,586) 374,000

Deferred revenue, ending balance

632,057

2024 (190,357) 733,000

542,643

NOTES PAYABLE 2025 Note secured by various real properties; bearing interest at 4.5% per annum; interest payable quarterly and principal due at maturity; maturing June 2026 Note secured by real property in Baldwin Park, California; bearing interest at 3% per annum; monthly interest-only payments; maturing June 2026

June 30,

1,550,000

2024

1,550,000

309,637

1,249,910

1,334,950

Note secured by real property in Baldwin Park, California, bearing interest at 3% per annum; paid back upon SGV Habitat's sale through the issuance of loans to buyers

525,000

Note secured by real property in Baldwin Park, California, noninterest bearing; paid back upon SGV Habitat's sale through the issuance of loans to buyers

1,406,530

Note secured by real property in Baldwin Park, California, bearing interest at 3% per annum; paid back upon SGV Habitat's sale through the issuance of loans to buyers

1,200,000

Note secured by real property in Baldwin Park, California; noninterest bearing; matures earlier of a sale of affordable housing units or April 1, 2028

800,000

Note secured by deed of trust, bearing interest at 3% per annum; monthly-interest only payments, paid back upon SGV Habitat's sale through the issuance of loan buyers; maturing October 2026

334,216

Note secured by mortgage loans receivable; noninterest bearing; monthly payments of $7,087; maturing October 2042

-16-

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. NOTES TO FINANCIAL STATEMENTS (CONTINUED) JUNE 30, 2025 AND 2024 NOTES PAYABLE (continued) Note secured by deed of trust, bearing interest at 6% per annum; paid back upon SGV Habitat's sale through the issuance of loan to buyers or August 2026

152,492

Note secured by real property in CalHome program, bearing interest at 6% per annum; paid back upon SGV Habitat's sale through the issuance of loan to buyer; maturing September 2029

51,821

Note secured by all substantially all the assets acquired by SGV Habitat from project loan proceeds; bearing interest at 0.713371% per annum; semi annual interest only payments through June 2032 with semi annual principal and interest payments through April 2045

9,942,500

Note secured by all substantially all assets acquired by SGV Leverage Lender from project loan proceeds; bearing interest at 6.5% per annum; semi-annual interest only payments; maturing April 2028

7,800,000

Less discount on notes payable Less unamortized debt issuance costs $

25,322,106

6,326,117

(116,289) (522,811)

(133,844) (77,158)

24,683,006

6,115,115

2026 2027 2028 2029 2030 Thereafter

1,996,497 571,748 10,091,570 85,040 85,040 12,492,211

25,322,106

The future minimum payments at June 30, 2025 are as follows:

For the year ended June 30, 2025, the total interest incurred was $239,873,of this amount, $157,830 was capitalized to Houses under Construction, resulting in net interest expense of $82,043. Interest expense for the year ended June 30, 2024 was $102,994. Amortized interest for the years ended June 30, 2025 and 2024 was $29,257 and $22,767, respectively, and is included in interest expense. In October 2023, SGV Habitat entered into a note payable agreement with the Habitat Mortgage Solution, LLC in the amount of $1,550,000 for the construction of various affordable housing units (See RELATED PARTY TRANSACTIONS). No units were completed as of June 30, 2025. -17-

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. NOTES TO FINANCIAL STATEMENTS (CONTINUED) JUNE 30, 2025 AND 2024 NOTES PAYABLE (continued) In June 2019, SGV Habitat entered into a note payable agreement with The Northern Trust Company in the amount of $1,760,148 in exchange for SGV Habitat's mortgage receivables from homeowners. The loan is non-interest bearing and recorded at a discount based on an imputed interest rate of 1.5%. As of June 30, 2025 the outstanding principal balance was $1,249,910. In March 2021, SGV Habitat entered into a note payable agreement with the City of Baldwin Park in the amount of $1,410,000 in exchange for land located in Baldwin Park to be used to build 12 affordable housing units. Upon completion of the affordable housing units, the total note payable of $1,406,530, due to credit received from the City of Baldwin Park, will be divided equitably based on the number of units completed and assumed by each purchaser of an affordable housing unit. The agreement between SGV Habitat and the City of Baldwin Park originally required all units to be sold by December 2024. In March 2026, SGV Habitat and the City of Baldwin Park amended the terms to extend this requirement to December 2027. As a result, the related note payable is reflected as a long-term obligation as of June 30, 2025. In June 2023, SGV Habitat entered into a construction loan agreement with the San Gabriel Valley Regional Housing Trust for a maximum amount to be drawn of $1,000,000. As of June 30, 2025, the outstanding principal balance was $309,637. The loan matures in June 2026, with up to two six-month extensions available. In October 2023, SGV Habitat entered into a note payable agreement with the City of Baldwin Park in the amount of $525,000 in exchange for land located in Baldwin Park to be used to build an affordable housing unit. Upon the sale of the affordable housing unit, the total note payable of $525,000 will be assumed by the purchaser of the affordable housing unit. This affordable housing unit was not completed as of June 30, 2025. In October 2023, SGV Habitat entered into a note payable agreement with the City of Baldwin Park in the amount of $1,200,000 in exchange for land located in Baldwin Park to be used to build an affordable housing unit. Upon the sale of the affordable housing unit, the total note payable of $1,200,000 will be assumed by the purchaser of the affordable housing unit. This affordable housing unit was not completed as of June 30, 2025. In October 2023, SGV Habitat entered into a note payable agreement with San Gabriel Valley Regional Housing Trust for a maximum amount to be drawn of $336,000. The loan matures in October 2026, with up to two six-month extensions available. As of June 30, 2025 the outstanding principal balance was $334,216. In April 2025, SGV Habitat entered into a note payable agreement with The Presbytery of San Gabriel in the amount of $800,000 in exchange for land located in Baldwin Park to be used for the construction of four affordable housing units. The note requires principal repayments of $200,000 upon the sale of each affordable housing unit. As of June 30, 2025, no affordable housing units had been sold. In August 2024, SGV Habitat entered into a construction loan agreement with Habitat Community Capital for a maximum amount to be drawn of $1,100,000. The loan matures the earlier of August 2026 or the date the last affordable home is sold. As of June 30, 2025 the outstanding principal balance was $152,492. In September 2024, SGV Habitat entered into a note payable agreement with the State of California Department of Housing and Community Development for a maximum amount to be drawn of $1,000,000. -18-

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. NOTES TO FINANCIAL STATEMENTS (CONTINUED) JUNE 30, 2025 AND 2024 NOTES PAYABLE (continued) As part of the agreement, amounts used by SGV Habitat to provide loans approved by CalHome to CalHome eligible first-time homebuyers will be converted to a grant to SGV Habitat. Any amounts not converted to grants are due September 2029. As of June 30, 2025 the outstanding principal balance was $51,821. In April 2025, SGV Habitat entered into a note payable agreement with GLA SUB-CDE XXXVII, LLC in the amount of $9,942,500. The debt has a put option feature that is exercisable in April 2032 (see RELATED PARTY TRANSACTIONS). As of June 30, 2025, the outstanding principal balance was $9,942,500. In April 2025, SGV Leverage Lender entered into a note payable agreement with Genesis LA Economic Growth Corporation, LLC in the amount of $7,800,000. As of June 30, 2025 the outstanding balance was $7,800,000. Management believes SGV Habitat was in compliance with all loan covenants for the years ended June 30, 2025 and 2024. LINE OF CREDIT SGV Habitat has a line of credit agreement with East West Bank with a maximum limit of $1,250,000. The line is unsecured and bears interest at the bank's prime lending rate, with a floor of 6.25%. The outstanding principal balance on the line of credit as of June 30, 2025 and 2024 was $1,080,000 and $450,000, respectively. NONCASH TRANSACTIONS GIFTS-IN-KIND The following gifts-in-kind were received during the years ended: 2025 ReStore Inventory Professional Services Program Supplies Construction-in-Process

June 30,

2024

1,216,910 8,544 20,000 -

1,625,723 28,002 923,945

1,245,454

2,577,670

During the years ended June 30, 2025 and 2024, SGV Habitat recognized contributions of non-financial assets within revenue, including donated materials and professional services included in construction-in-process, goods for ReStore inventory, professional services, and supplies. Unless otherwise noted, gift-in-kind did not have donor-imposed restrictions. Donated materials, goods and supplies, are valued based upon estimates of fair market value or wholesale values that would be received for selling the items in their principal market, considering their condition and utility for use at the time goods are contributed by the donor, and are considered a level 2 classification. -19-

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. NOTES TO FINANCIAL STATEMENTS (CONTINUED) JUNE 30, 2025 AND 2024

NONCASH TRANSACTIONS (continued) GIFTS-IN-KIND (continued) SGV Habitat utilized the donated materials, goods and supplies in program operations and construction-in-process of housing projects during the years ended June 30, 2025 and 2024. Contributed services recognized comprise services from attorneys and other professional services provided to SGV Habitat for various matters during the years ended June 30, 2025 and 2024. Contributed services are valued at the estimated fair market value based on current rates for similar services, and are considered a level 2 classification. RENTAL INCOME SGV Habitat subleases its Atwater Village, California property to one tenant. The tenant leased the property under a noncancelable lease agreement that expired in October 2024. The minimum monthly lease payments approximated $7,100, for the year ended June 30, 2025. Rental income for the year ended June 30, 2025 was approximately $23,825 and is included in other income. COMMITMENTS At June 30, 2025 and 2024, SGV Habitat had executed commitments for various building-related services totaling $873,182 and $817,713, respectively. As of June 30, 2025 and 2024, $444,245 and $619,161 had been completed, respectively. LEASES SGV Habitat rents four properties in California located in the cities of Monrovia and Pasadena. The leases expire at various dates between November 2024 and April 2032. SGV Habitat recognized the following lease expense, for the year ended June 30: 2025

2024

Operating lease expense Short-term lease expense Variable lease expense

778,048 221,728 23,087

975,666 38,086 5,244

Total lease expense

1,022,863

1,018,996

Other information regarding cash flows related to operating leases, ROU assets obtained in exchange for new operating lease liabilities, weighted average remaining lease terms for operating leases, as well as weighted average discount rates used in determining present value discounts are as follows: For the year ended June 30, 2024: Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases Weighted-average remaining lease term in years for operating leases Weighted-average discount rate for operating leases -20-

929,703 3.37 2.88%

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. NOTES TO FINANCIAL STATEMENTS (CONTINUED) JUNE 30, 2025 AND 2024 LEASES (continued) For the year ended June 30, 2025: Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from finance leases Financing cash flows from finance leases Operating cash flows from operating leases ROU assets obtained in exchange for new finance lease liabilities ROU assets obtained in exchange for new operating lease liabilities Weighted-average remaining lease term in years for finance leases Weighted-average remaining lease term in years for operating leases Weighted-average discount rate for finance leases Weighted-average discount rate for operating leases

$ $ $ $ $

899 2,607 750,343 127,000 509,056 6.83 3.24 4.24% 3.26%

543,531 568,498 511,783 120,709 40,630

The future maturities of operating lease liabilities are as follows: 2026 2027 2028 2029 2030 Total undiscounted cash flows Less: present value discount

1,785,151 (93,751)

Total operating lease liabilities

1,691,400

21,000 21,000 21,000 21,000 21,000 38,500

The future maturities of financing lease liabilities are as follows: 2026 2027 2028 2029 2030 Thereafter Total undiscounted cash flows Less: present value discount

143,500 (19,107)

Total finance lease liabilities

124,393

RETIREMENT PLAN Upon employment, all employees of SGV Habitat are eligible to participate in the San Gabriel Valley Habitat for Humanity, Inc.'s 403(b) plan (the Plan). Employees may contribute a portion of their salaries to the Plan as the legal limits allow. The plan allows for employer matching contributions, which are made at the discretion of SGV Habitat. Contributions made by SGV Habitat for the years ended June 30, 2025 and 2024 were $46,426 and $40,790, respectively.

-21-

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. NOTES TO FINANCIAL STATEMENTS (CONTINUED) JUNE 30, 2025 AND 2024 SALE OF HOMES During the year ended June 30, 2025, SGV Habitat sold five Habitat homes. Mortgages totaling $3,090,405 were issued through escrow. During the year ended June 30, 2024, SGV Habitat sold three Habitat homes. Mortgages totaling $823,935 were issued through escrow. RELATED PARTY TRANSACTIONS SGV Habitat annually remits a portion of its contributions (excluding in-kind contributions) to Habitat International. These funds are used to construct homes in economically depressed areas around the world. During the years ended June 30, 2025 and 2024, SGV Habitat contributed to Habitat International $5,000 and $10,000, respectively for this purpose. SGV Habitat also paid Habitat International fees for stewardship and organizational sustainability totaling $8,500 and $25,000 for the years ended June 30, 2025 and 2024, respectively, which are included in tithes and dues on the statement of functional expenses. In October 2023, SGV Habitat was issued a promissory note from a related party, Habitat Mortgage Solutions, LLC, in the amount of $1,550,000 (see NOTES PAYABLE). During the year ended June 30, 2025, SGV Habitat recognized interest expense on the note due to Habitat Mortgage Solutions, LLC in the amount of $69,750. In 2025, SGV Habitat participated in a New Markets Tax Credit (NMTC) program with a related party. The NMTC program provides funds to eligible organizations for investment in a “qualified low-income community investment." Program compliance requirements included creation of a promissory note and investment in a qualified community development entity (CDE). A tax credit recapture is required if compliance requirements are not met over a seven-year period. In 2025, SGV Habitat has recorded its 95% and NHP's 5% investment in San Gabriel Valley Leverage Lender, LLC at the cost of $282,649 and $14,876, respectively. In April 2032, Twain Investment Fund 880, LLC (the Fund), and the upstream effective owner of GLA Sub-CDE XXXVII, LLC (holder of the promissory notes due from SGV Habitat) is expected to exercise its put option. Under the terms of the option agreement, San Gabriel Valley Leverage Lender, LLC is expected to purchase the ownership interest of the Fund. Exercise of the option will effectively allow SGV Habitat to extinguish its outstanding debt owed to the Fund. BOARD DESIGNATED NET ASSETS The Board designated net assets to pay for current housing projects totaling $8,416,388 and $4,502,649 for the years ended June 30, 2025 and 2024, respectively.

-22-

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. NOTES TO FINANCIAL STATEMENTS (CONTINUED) JUNE 30, 2025 AND 2024 NET ASSETS WITH DONOR RESTRICTION Net assets subject to purpose restrictions are available for: 2025 Eaton Fire Community Rebuilding Critical Home Repair

June 30,

627,025 35,000

2024

662,025

Net assets subject to time restrictions are available for: 2025 Caltrans - Pasadena General

Total net assets with donor restrictions:

June 30,

2024

500,000 90,300

115,300

590,300

115,300

1,252,325

115,300

SUBSEQUENT EVENTS SGV Habitat has evaluated subsequent events through the date at which the financial statements were available to be issued. The following events occurred subsequent to year end and do not relate to conditions that existed as of June 30, 2025. Accordingly, the related transactions will be recognized in the fiscal year ending June 30, 2026, in accordance with applicable accounting guidance. In September 2025, SGV Habitat entered into a grant agreement with a corporate donor for funding in the amount of $1,500,000 to support community homebuilding activities associated with three anticipated build events scheduled to occur during fiscal years 2026 and 2027. The grant funds are restricted for use in connection with specified activities, including homeownership, home repair, and disaster recovery initiatives benefiting families within the Organization’s service area. In October 2025, SGV Habitat sold a home in Los Angeles, California for total consideration of $902,901. Mortgages totaling $664,876 were issued to the homebuyer through escrow. In December 2025, SGV Habitat was awarded a grant agreement in the amount of $5,000,000 to support specified program activities. The funds are subject to donor-imposed restrictions and are designated for use in two phases. Phase 1 provides for the establishment of a revolving loan fund to support wildfire rebuilds in Altadena, California, with loan repayments recycled to fund additional rebuilds until program objectives are achieved. Phase 2 provides that, once the revolving loan fund is no longer required for wildfire recovery, any remaining funds will support SGV Habitat’s affordable housing programs, subject to guidance from its Board of Directors. In January 2026, SGV Habitat sold two homes in Los Angeles, California for total consideration of $1,860,000 million. Mortgages totaling $1,153,950 were issued to the homebuyers through escrow. -23-

SUPPLEMENTARY INFORMATION

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. STATEMENT OF FINANCIAL POSITION SUPPLEMENTAL SCHEDULE JUNE 30, 2025

ASSETS Cash and cash equivalents Restricted cash Investments Contributions and other receivables Note receivable Mortgage loans receivable ReStore inventory Houses under construction Other assets Property and equipment - net Right-of-use assets - operating leases Right-of-use assets - finance leases

SGV Habitat and SGVHFH Funding Company, LLC

Neighborhood Housing Partners, Inc.

San Gabriel Valley Leverage Lender , LLC

Presbyterian Habitat Affordable Housing Partners, LLC

Eliminations

Total

9,840,639 $ 1,318,500 359,729 650,035 10,115,305 108,069 8,416,388 353,705 148,463 1,587,547 123,976

2,549 $ 14,876 49,674 -

927,551 $ 7,091,975 -

$ (297,525) (15,000) -

10,770,739 1,318,500 77,080 650,035 7,091,975 10,115,305 108,069 8,466,062 338,705 148,463 1,587,547 123,976

33,022,356 $

67,099 $

8,019,526 $

(312,525) $

40,796,456

575,997 $ 486,314 632,057 1,815,793 1,080,000 1,400,000 16,956,673

$ 15,000 -

$ 7,726,333

$ (15,000) -

575,997 486,314 632,057 1,815,793 1,080,000 1,400,000 24,683,006

406,809

52,099

293,193 -

(282,750) (14,775)

10,443 444,133

Total undesignated Board designated

406,809 8,416,388

52,099 -

293,193 -

(297,525) -

454,576 8,416,388

Total net assets without donor restriction

8,823,197

52,099

293,193

(297,525)

8,870,964

1,252,325

33,022,356 $

67,099 $

8,019,526 $

(312,525) $

40,796,456

TOTAL ASSETS LIABILITIES AND NET ASSETS Accounts payable Accrued expenses and other liabilities Deferred revenue Lease liabilities Line of credit Advanced funds for ADU loans Notes payable Net assets without donor restriction Members' equity Undesignated

Net assets with donor restriction TOTAL LIABILITIES, NET ASSETS, AND MEMBERS' EQUITY

The accompanying notes are an integral part of this statement.

-24-

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. STATEMENT OF ACTIVITIES SUPPLEMENTAL SCHEDULE FOR THE YEAR ENDED JUNE 30, 2025

SGV Habitat and SGVHFH Funding Company, LLC $

Neighborhood Housing Partners, Inc.

Presbyterian San Gabriel Valley Habitat Affordable Leverage Lender , LLC Housing Partners, LLC

4,306,303 $ 1,245,454 1,430,531 4,302,721 85,361 72,002 48,000 117,796 (26,783) 451,264

32,056 $ 739

$ 14,775 -

12,032,649

32,795

14,775

EXPENSES Program services General and administrative Fundraising

7,764,464 634,606 296,275

1,159 -

Total expenses

8,695,345

CHANGE IN NET ASSETS NET ASSETS AND MEMBERS' EQUITY AT BEGINNING OF YEAR

Total support and revenue

4,338,359 1,245,454 1,430,531 4,302,721 85,361 72,002 48,000 117,796 (26,783) 452,003

(14,775)

12,065,444

4,332 -

7,768,796 635,765 296,275

1,159

4,332

8,700,836

3,337,304

31,636

10,443

(14,775)

3,364,608

6,738,218

20,463

(838,165)

9,898,681

297,525

CURRENT YEAR CAPITAL DISTRIBUTIONS

(14,775)

10,075,522 $

52,099 $

293,193 $

NET ASSETS AND MEMBERS' EQUITY AT END OF YEAR

Total

$ (14,775) -

CURRENT YEAR CAPITAL CONTRIBUTIONS

The accompanying notes are an integral part of this statement.

-25-

Elimination Entries

3,978,165 -

(297,525)

(3,978,165) -

852,940

(3,140,000)

(297,525) $

10,123,289

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. SUPPLEMENTAL STATEMENT OF FUNCTIONAL EXPENSES FOR THE YEAR ENDED JUNE 30, 2025 SGV Habitat and SGVHFH Funding Company, LLC Program services Bank charges Building materials, supplies, and other Conference travel Depreciation and amortization Equipment Events Insurance Interest expense Lease expense Mortgage discounts Newsletter Occupancy Other Postage Printing Professional fees Salaries and benefits Supplies Telephone Tithes and dues

26,855 $

General and administrative

Fundraising

Total 32,090 $

Neighborhood Housing Partners, Inc. Program services -

General and administrative $

2,658

3,483,214 45,512

76,790 88,798 42,365 77,711 962,840 52,798 31,933 75,929 85,687 3,616 18,535 94,197 2,462,943 8,087 29,454 105,764

23,600 12,957 41,395 4,445 3,919 920 5,068 83,985 441,765 1,271 5,765 -

10,620 50,079 2,722 18,628 2,000 1,763 414 2,281 200,319 572 2,594 -

76,790 123,018 50,079 58,044 77,711 1,022,863 52,798 31,933 82,374 91,369 4,950 25,884 178,182 3,105,027 9,930 37,813 105,764

1,159 -

4,332 -

76,790 123,018 50,079 58,044 82,043 1,022,863 52,798 31,933 82,374 91,369 4,950 25,884 179,341 3,105,027 9,930 37,813 105,764

7,764,464 $

634,606 $

296,275 $

8,695,345 $

1,159 $

4,332 $

Total

1,625 $

Fundraising

5,906

-26-

General and administrative

3,610 $

Program services

Total

Total Expenses

3,483,214 36,948

The accompanying notes are an integral part of this statement.

Fundraising

Elimination Entries

San Gabriel Valley Leverage Lender, LLC

32,090

8,700,836

SAN GABRIEL VALLEY LEVERAGE LENDER LLC STATEMENT OF CHANGES IN MEMBERS' EQUITY FOR THE YEAR ENDED JUNE 30, 2025

95.00% Managing Member San Gabriel Valley Habitat for Humanity Balance, June 30, 2024

5.00% Managing Member Neighborhood Housing Partners, Inc. $

Total $

Capital contributions

282,649

14,876

297,525

Distributions

(14,036)

(739)

(14,775)

Net income

9,921

522

10,443

Balance, June 30, 2025

278,534

The accompanying notes are an integral part of this statement. -27-

14,659

293,193

PRESBYTERIAN-HABITAT AFFORDABLE HOUSING PARTNERS LLC STATEMENT OF CHANGES IN MEMBERS' EQUITY FOR THE YEAR ENDED JUNE 30, 2025

99.99% Investing Member Presbytery of San Gabriel Balance, June 30, 2024

Distributions Balance, June 30, 2025

3,140,000

0.01% Managing Member San Gabriel Valley Habitat for Humanity $

(3,140,000) $

The accompanying notes are an integral part of this statement. -28-

838,165

Total $

(838,165) $

3,978,165 (3,978,165)

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. STATEMENT OF CASH FLOWS SUPPLEMENTAL SCHEDULE FOR THE YEAR ENDED JUNE 30, 2025 SGV Habitat and SGVHFH Funding Company, LLC

CASH FLOWS FROM OPERATING ACTIVITIES CHANGE IN NET ASSETS

Neighborhood Housing Partners, Inc.

San Gabriel Valley Leverage Lender , LLC

Elimination Entries

Total

3,337,304 $

31,636 $

10,443 $

(14,775) $

3,364,608

(72,002) 76,790 24,925 16,074 (1,857,817) 52,796

4,332 -

(72,002) 76,790 29,257 16,074 (1,857,817) 52,796

(404,322) 116,849 (2,055,922) 23,097 291,222 63,258 89,414

(28,303) 1,083 (6,282) 15,000 -

(7,096,307) -

(7,500,629) 116,849 (2,084,225) 24,180 284,940 78,258 89,414

(298,334)

13,134

(7,081,532)

(14,775)

(7,381,507)

Adjustments to reconcile change in net assets to net cash provided by (used for) operating activities: Imputed interest income on mortgage loans, net of discounts Depreciation and amortization expense FOR THE YEARS ENDED JUNE 30, 2025 and 2024 Amortized lease expense In-kind contributions toward houses under construction Discounts on new notes receivable Changes in operating assets and liabilities: Contributions and other receivables ReStore inventory Houses under construction Other assets Accounts payable Accrued expenses and other liabilities Deferred revenue CASH PROVIDED BY (USED FOR) OPERATING ACTIVITIES

The accompanying notes are an integral part of this statement.

-29-

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. STATEMENT OF CASH FLOWS (CONTINUED) SUPPLEMENTAL SCHEDULE FOR THE YEAR ENDED JUNE 30, 2025 SGV Habitat and SGVHFH Funding Company, LLC

Neighborhood Housing Partners, Inc.

(282,649) (3,226,991) 128,906 2,002,135 (128,125) (84,928)

(14,876) -

297,525 -

(3,226,991) 128,906 2,002,135 (128,125) (84,928)

CASH USED FOR INVESTING ACTIVITIES

(1,591,652)

(14,876)

297,525

(1,309,003)

CASH FLOWS USED FOR FINANCING ACTIVITIES Additional borrowing on line of credit Capital contributions Principal payments on line of credit Additional borrowing from related party Additional borrowings on notes payable Principal payments on notes payable

1,080,000 (450,000) 11,496,673 (680,040)

282,750 7,726,333 -

(282,750) -

1,080,000 (450,000) 7,726,333 11,496,673 (680,040)

CASH PROVIDED BY FINANCING ACTIVITIES

11,446,633

8,009,083

(282,750)

19,172,966

NET INCREASE (DECREASE) IN CASH

9,556,647

(1,742)

927,551

10,482,456

CASH AT BEGINNING OF YEAR

1,602,492

4,291

1,606,783

11,159,139 $

2,549 $

927,551 $

12,089,239

SUMMARY OF CASH AND CASH EQUIVALENTS AT END OF YEAR: Cash and cash equivalents $ Restricted cash

9,840,639 $ 1,318,500

2,549 $ -

927,551 $ -

10,770,739 1,318,500

11,159,139 $

2,549 $

927,551 $

12,089,239

$ $

148,461 $ $ -

$ $

148,461 -

CASH FLOWS FROM INVESTING ACTIVITIES Purchase of investments Mortgage loans issued Mortgage payments received Proceeds from investments Purchase of intangible assets Purchase of fixed assets

CASH AT END OF YEAR

SUPPLEMENTAL DISCLOSURE: CASH PAID FOR INTEREST CASH PAID FOR INCOME TAXES

The accompanying notes are an integral part of this statement.

-30-

San Gabriel Valley Leverage Lender , LLC

$ $

Elimination Entries

$ $

Total

SAN GABRIEL VALLEY HABITAT FOR HUMANITY, INC. SUMMARY OF PROJECTS SUPPLEMENTAL SCHEDULE JUNE 30, 2025 The following is a schedule of projects and their status at June 30, 2025: Number of Units

Status of construction

Title vesting

Status of occupancy of homeowner

Project valued as

Torch, Baldwin Park

Pre-Development

SGV Habitat

Not occupied

Construction in progress

Angelino, Azusa

Construction

SGV Habitat

Not occupied

Construction in progress

Stewart, Baldwin Park

Pre-Development

LLC

Not occupied

Construction in progress

Lee Lane, El Monte

In-Progress

City of El Monte

Not occupied

Construction in progress

4303 Maycrest El Sereno

In-Progress

SGV Habitat

Not occupied

Construction in progress

3815 Sheffield, El Sereno

In-Progress

SGV Habitat

Not occupied

Construction in progress

4336 Lowell, El Sereno

In-Progress

SGV Habitat

Not occupied

Construction in progress

3120 Sheffield, El Sereno

In-Progress

SGV Habitat

Not occupied

Construction in progress

5519 Templeton, El Sereno

In-Progress

SGV Habitat

Not occupied

Construction in progress

3832 Sheffield, El Sereno

In-Progress

SGV Habitat

Not occupied

Construction in progress

3227 Sheffield, El Sereno

In-Progress

SGV Habitat

Not occupied

Construction in progress

5501 Allen, El Sereno

In-Progress

SGV Habitat

Not occupied

Construction in progress

5469 Shelly, El Sereno

In-Progress

SGV Habitat

Not occupied

Construction in progress

Caltrans properties:

The accompanying notes are an integral part of this statement. -31-