INTERNATIONAL ASSOCIATION OF CERTIFIED HOME INSPECTORS

EIN: 201642618 Community Improvement

BOULDER, CO

Total Revenue
$16,232,170
Total Expenses
$18,064,836
Total Assets
$6,007,680
Net Assets
$2,392,577
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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
2004
Legal Domicile
CO
Phone
7202728578
Tax Period
2023-01-01 to 2023-12-31

INTERNATIONAL ASSOCIATION OF CERTIFIED HOME INSPECTORS, founded in 2004, is a mid-sized nonprofit in the Community Improvement sector that reported $16.2M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $18.1M exceeded revenue, resulting in a 11% operating deficit.

Mission

TO HELP ITS MEMBERS MAINTAIN INSPECTION EXCELLENCE THROUGH INFORMATION AND EDUCATION

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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 (2023)

Revenue Breakdown

Contributions & Grants $11,151,286
Program Service Revenue $5,078,669
Investment Income $2,215
Other Revenue $0
TOTAL REVENUE $16,232,170

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,412,433
Fundraising Expenses $1,186,901
Other Expenses $13,652,403
TOTAL EXPENSES $18,064,836

Year-over-Year Comparison

2023 2022 Change
Revenue $16,232,170 $13,258,796 +0.2%
Expenses $18,064,836 $14,829,170 +0.2%
Net Income $-1,832,666 $-1,570,374 +0.2%
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
5
Independent Members
3
Employees
33
Volunteers
N/A

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
3
$1,224,592
Total Directors
6
$1,377,191
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS MORRELL CEO 40.00
Officer Director
$783,149 $0 $783,149
BEN GROMICKO COO 40.00
Officer Director
$333,167 $0 $333,167
LISA ENDZA DIRECTOR OF COMM 40.00
$274,670 $0 $274,670
BOGDAN KARCHENKO N/A 40.00
$217,437 $0 $217,437
JESSICA LANGER DIRECTOR OF MARKET 40.00
$208,659 $0 $208,659
MICHELLE SHISHILLA N/A 40.00
$184,907 $0 $184,907
SKYLER KATZ N/A 40.00
$160,687 $0 $160,687
NIKOLAI GROMICKO Director 40.00
Director
$116,863 $0 $116,863
CHLOE KATZ CFO 40.00
Officer Director
$108,276 $0 $108,276
NICK GROMICKO FOUNDER 1.00
Director
$33,236 $0 $33,236
JOE FERRY Director 0.25
Director
$2,500 $0 $2,500
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 No data No data No data No data
2023 $16,232,170 $18,064,836 $6,007,680 $-1,832,666
2022 $13,258,796 $14,829,170 $6,815,308 $-1,570,374
2021 $15,005,233 $12,294,423 $7,671,295 $2,710,810
2020 $12,363,825 $10,654,850 $6,166,694 $1,708,975
2018 $8,949,390 $9,955,532 $2,456,743 $-1,006,142
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