FACTORY BUILT OWNERS OF AMERICA

EIN: 200356200 Housing & Shelter

SAN ANTONIO, TX

Total Revenue
$438,000
Total Expenses
$68,601
Total Assets
$601,663
Net Assets
$441,663
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
TX
Principal Officer
BARRY NOFFSINGER
Phone
8667645505
Tax Period
2024-01-01 to 2024-12-31

FACTORY BUILT OWNERS OF AMERICA, founded in 2003, is a small nonprofit in the Housing & Shelter sector that reported $438K in total revenue in fiscal year 2024. Revenue surged 1811% from the prior year, signaling strong growth momentum. The organization ran a surplus of $369K, a strong 84% operating margin.

Mission

FACTORY BUILT OWNERS OF AMERICA (FBOA), A NON-PROFIT ORGANIZATION, WILL PROMOTE AND REPRESENT THE COMMON INTERESTS OF THE OWNERS AND PROSPECTIVE OWNERS OF MANUFACTURED HOMES AND THOSE WHO SUPPORT/PROMOTE THE MANUFACTURED HOUSING INDUSTRY. THIS INCLUDES ACQUIRING, MAINTAINING, AND IMPROVING THEIR MANUFACTURED HOMES AS WELL AS INFORMATION TO IMPROVE THEIR LIFESTYLES.

Program Service Accomplishments

Program 1
Expenses: $33,944

FBOA URBAN MANUFACTURED HOME PROGRAM: DESIGNED TO DEMONSTRATE THAT MANUFACTURED HOMES BUILT IN URBAN AREAS ARE ECONOMICALLY BENEFICIAL AND WILL NOT DETRACT FROM SURROUNDING PROPERTY VALUES. THE...

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FBOA URBAN MANUFACTURED HOME PROGRAM: DESIGNED TO DEMONSTRATE THAT MANUFACTURED HOMES BUILT IN URBAN AREAS ARE ECONOMICALLY BENEFICIAL AND WILL NOT DETRACT FROM SURROUNDING PROPERTY VALUES. THE PROGRAM IS CONDUCTED IN NEW ORLEANS, WHERE THE CITY CONTROLS THOUSANDS OF HOME SITES THAT COULD BE USED TO ADDRESS THE ESTIMATED 30,000 UNITS NEEDED TO MEET CURRENT HOUSING NEEDS. BY LOWERING BARRIERS FOR POLICYMAKERS AND AFFORDABLE HOUSING DEVELOPERS AND BY COUNTERING NEGATIVE PERCEPTIONS ABOUT MANUFACTURED HOMES, FBOA HOPES THAT MANUFACTURED HOMES WILL BECOME A VIABLE OPTION FOR DENSELY POPULATED URBAN AREAS. BY DEMONSTRATING THE EFFECTIVENESS OF MANUFACTURED HOMES AS A HOUSING SOLUTION IN DENSELY POPULATED AREAS, FBOA WILL EXPAND ITS COMMITMENT TO REPRESENT THE COMMON INTERESTS OF THE OWNERS OF MANUFACTURED HOMES BY EDUCATING CITY LEADERS ABOUT THE PURCHASE AND MAINTENANCE OF FACTORY-BUILT HOMES. FBOA BELIEVES MANUFACTURED HOMES CAN HELP ALLEVIATE THE HOUSING SHORTAGE IN URBAN AREAS BY PROVIDING AN AFFORDABLE, VIABLE OPTION TO CONVENTIONALLY BUILT HOMES FOR METROPOLITAN REDEVELOPMENT. ALL INFORMATION GATHERED WILL BE MADE AVAILABLE TO OTHERS TO PROMOTE THE CREATION OF ADDITIONAL AFFORDABLE HOUSING IN URBAN AREAS USING MANUFACTURED HOMES.

Program 2
Expenses: $30,377 Revenue: $65,671

MEMBERSHIP SERVICES ARE CURRENTLY PROVIDED TO OVER 3,900 ACTIVE MEMBERS AND OVER 47,000 MEMBERS THROUGHOUT THE LIFE OF THE ASSOCIATIONS. MEMBERSHIP SERVICES INCLUDE PROVISION OF AND ACCESS TO...

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MEMBERSHIP SERVICES ARE CURRENTLY PROVIDED TO OVER 3,900 ACTIVE MEMBERS AND OVER 47,000 MEMBERS THROUGHOUT THE LIFE OF THE ASSOCIATIONS. MEMBERSHIP SERVICES INCLUDE PROVISION OF AND ACCESS TO COMMUNITY EVENTS, QUARTERLY NEWSLETTERS, AND WEBSITE CONTENT, WHICH PROVIDE EDUCATION ASSOCIATED WITH FINANCING, PURCHASING, MAINTAINING, AND IMPROVING MANUFACTURED HOMES. MEMBERS ALSO HAVE ACCESS TO A REPRESENTATIVE VIA A TOLL-FREE PHONE NUMBER TO ASSIST WITH ANSWERING QUESTIONS RELATED TO MANUFACTURED HOME OWNERSHIP.

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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 $368,904
Program Service Revenue $65,671
Investment Income $3,425
Other Revenue $0
TOTAL REVENUE $438,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $64,321
Other Expenses $68,601
TOTAL EXPENSES $68,601

Year-over-Year Comparison

2024 2023 Change
Revenue $438,000 $22,925 +18.1%
Expenses $68,601 $158,384 -0.6%
Net Income $369,399 $-135,459 -3.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
4
Employees
N/A
Volunteers
4

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
4
$31,250
Total Directors
5
$31,250
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARRY NOFFSINGER PRESIDENT 8.00
Officer Director
$31,250 $0 $31,250
JIM MCKELVEY VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
LISA MENDOZA TREASURER 0.50
Officer Director
$0 $0 $0
CONNIE BREWTON SECRETARY 0.50
Officer Director
$0 $0 $0
SCOTT BENNETT BOARD MEMBER 0.50
Director
$0 $0 $0
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
2024 $438,000 $68,601 $601,663 $369,399
2023 $22,925 $158,384 $516,603 $-135,459
2022 $167,326 $117,749 $829,458 $49,577
2021 $103,152 $55,254 $843,619 $47,898
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