AMERICAN SOCIETY OF HOME INSPECTORS

EIN: 132938753

OAK BROOK, IL

Total Revenue
$1,849,095
Total Expenses
$2,141,846
Total Assets
$2,140,439
Net Assets
$1,435,849
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
IL
Principal Officer
JAMES THOMAS
Phone
8477592820
Tax Period
2024-07-01 to 2025-06-30

AMERICAN SOCIETY OF HOME INSPECTORS, founded in 1976, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $2.1M exceeded revenue, resulting in a 16% operating deficit.

Mission

TO MEET THE NEEDS OF ITS MEMBERSHIP AND PROMOTE EXCELLENCE AND EXEMPLARY PRACTICE WITHIN THE PROFESSION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,539,504
Investment Income $80,030
Other Revenue $229,561
TOTAL REVENUE $1,849,095

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,208,980
Fundraising Expenses $0
Other Expenses $932,866
TOTAL EXPENSES $2,141,846

Year-over-Year Comparison

2024 2023 Change
Revenue $1,849,095 $2,077,006 -0.1%
Expenses $2,141,846 $2,217,282 0.0%
Net Income $-292,751 $-140,276 +1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
14
Independent Members
12
Employees
18
Volunteers
39

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$61,750
Total Directors
19
$61,750
Key Employees
1
$189,464
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT JOHNSON PRESIDENT-ELECT - PAST, PRESIDENT-NEW 1.00
Officer Director
$26,750 $0 $26,750
LISA ALAJAJIAN GIROUX IMMEDIATE PAST PRESIDENT - PAST, PRESIDENT-ELECT- 1.00
Officer Director
$0 $0 $0
MARK GOODMAN PRESIDENT - PAST, IMMEDIATE PAST PRESIDENT- NEW 1.00
Officer Director
$35,000 $0 $35,000
KYLE RODGERS SECRETARY 1.00
Officer Director
$0 $0 $0
VINCE TEECE TREASURER - PAST 1.00
Director
$0 $0 $0
ROBERT GUYER DIRECTOR- PAST, TREASURER- NEW 1.00
Officer Director
$0 $0 $0
ROD BEACHAM DIRECTOR- PAST 1.00
Director
$0 $0 $0
JOHN CORDELL DIRECTOR- PAST 1.00
Director
$0 $0 $0
CHARLES GIFFORD DIRECTOR- PAST 1.00
Director
$0 $0 $0
ROGER HERDT DIRECTOR 1.00
Director
$0 $0 $0
PAUL STARON DIRECTOR- PAST 1.00
Director
$0 $0 $0
ROD BERNING DIRECTOR 1.00
Director
$0 $0 $0
HARRY MORRELL DIRECTOR 1.00
Director
$0 $0 $0
ROBERT ROBINSON DIRECTOR 1.00
Director
$0 $0 $0
BRUCE BARKER DIRECTOR - NEW 1.00
Director
$0 $0 $0
JAMES JONES III DIRECTOR - NEW 1.00
Director
$0 $0 $0
RAY MAYO DIRECTOR - NEW 1.00
Director
$0 $0 $0
MICHAEL BURROUGHS DIRECTOR - NEW 1.00
Director
$0 $0 $0
DUANE MORRISON DIRECTOR - NEW 1.00
Director
$0 $0 $0
JAMES THOMAS EXECUTIVE DIRECTOR 40.00
Key Emp
$170,377 $19,087 $189,464
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,849,095 $2,141,846 $2,140,439 $-292,751
2024 $2,077,006 $2,217,282 $2,129,299 $-140,276
2023 $2,676,807 $3,159,871 $2,245,901 $-483,064
2022 $3,004,725 $2,624,001 $2,818,230 $380,724
2021 $3,186,421 $2,456,625 $2,838,353 $729,796
2020 $3,327,875 $3,358,761 $1,953,269 $-30,886
2019 $3,187,715 $3,262,717 $2,024,091 $-75,002
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