NEIGHBORHOOD BUILDING OWNERS ALLIA… - Form 990 Financial Data

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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

2007

Legal Domicile

Principal Officer

MICHAEL GLASSER

Phone

7734911235

Tax Period

2025-01-01 to 2025-12-31

NEIGHBORHOOD BUILDING OWNERS ALLIANCE, founded in 2007, is a small nonprofit in the Community Improvement sector that reported $379K in total revenue in fiscal year 2025. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $88K, a strong 23% operating margin.

Mission

A NON-FOR-PROFIT ASSOCIATION OF NEIGHBORHOOD BUILDING OWNERS GROUPS WHO ADVANCE THE INTERESTS OF NEIGHBORHOOD PROPERTY OWNERS AND THEIR COMMUNITIES.

Program Service Accomplishments

Program 1

Expenses: $149,418 Revenue: $43,257

THE NBOA SERVES THE MEMBERS OF ITS 11 COMMUNITY BUILDING OWNER AFFILIATES. LIKE THOSE AFFILIATES, THE NBOA IS A FORUM FOR INFORMATION, PROFESSIONAL DEVELOPMENT AND NETWORKING. IN ADDITION, THE NBOA ADVOCATES ON BEHALF OF SMALL AND MID-SIZED HOUSING PROVIDERS. ITS TEAM OF PROFESSIONALS WORKS TO TELL THE STORY OF NEIGHBORHOOD HOUSING IN THE MEDIA, AND TO EDUCATE PUBLIC OFFICIALS TO MAKE SURE THAT HOUSING PROVIDERS ARE PART OF HOUSING POLICY THROUGH THE FOLLOWING:ADVOCACY - WE WORK WITH OUR MEMBERS TO UNDERSTAND ALL POINTS OF VIEW AND EDUCATE PUBLIC OFFICIALS ON OUR DISCOVERIES AND PERSPECTIVES. EDUCATION - WE FIND OPPORTUNITIES TO GATHER OWNERS, DEVELOPERS AND THEIR POTENTIAL COUNTERPARTS TO KEEP THEM ABREAST OF NEW LEGISLATION, TREND, AND PARTNERSHIPS ON THE HORIZON. STRATEGY & PLANNING - RATHER THAN WORKING ON AN INDIVIDUAL BASIS OR IN SMALL GROUPS, WE GATHER INFORMATION FROM ALL OUR PARTNERS TO BUILD STRATEGIC POSITIONS THAT MITIGATE INEFFECTIVE RULES AND REGULATIONS.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $399,795

Program Service Revenue $43,257

Investment Income $3,399

Other Revenue $-67,335

TOTAL REVENUE $379,116

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,800

Fundraising Expenses $62,984

Program Expenses $149,418

Other Expenses $286,101

TOTAL EXPENSES $290,901

Year-over-Year Comparison

	2025	2024	Change
Revenue	$379,116	$259,458	+0.5%
Expenses	$290,901	$206,759	+0.4%
Net Income	$88,215	$52,699	+0.7%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$4,800

Total Directors