SMART HOME AMERICA INC

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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

2009

Legal Domicile

Principal Officer

JULIE SHIYOU- WOODARD

Phone

8557427233

Tax Period

2024-01-01 to 2024-12-31

SMART HOME AMERICA INC, founded in 2009, is a small nonprofit in the Housing & Shelter sector that reported $771K in total revenue in fiscal year 2024. Expenses of $960K exceeded revenue, resulting in a 25% operating deficit.

Mission

THE ORGANIZATION PROMOTES MITIGATION AND COMMUNITY RESILIENCE BY STRENGTHENING HOMES AND BUSINESSES.

Program Service Accomplishments

Program 1

Expenses: $306,806

EDUCATION - THROUGH ACCESS TO WORLD-CLASS SOLUTIONS, SUBJECT-MATTER EXPERTS AND SUPERIOR BUILDING STANDARDS, SUCH AS THE FORTIFIED HOME, WE SERVE AS A HUB OF INFORMATION AND INNOVATION. SMART HOME...

EDUCATION - THROUGH ACCESS TO WORLD-CLASS SOLUTIONS, SUBJECT-MATTER EXPERTS AND SUPERIOR BUILDING STANDARDS, SUCH AS THE FORTIFIED HOME, WE SERVE AS A HUB OF INFORMATION AND INNOVATION. SMART HOME AMERICA SHARES KNOWLEDGE WITH CONSUMERS, POLICYMAKERS, AND STAKEHOLDERS TO TEACH THEM ABOUT THE RESOURCES AND SOLUTIONS AVAILABLE TO BUILD A RESILIENT COMMUNITY AND HOW TO APPLY THEM.

Program 2

Expenses: $245,445

OUTREACH - A CRITICAL COMPONENT TO OUR WORK, OUTREACH ACTIVITIES SERVE MULTIPLE PURPOSES: TO BUILD RELATIONSHIPS IN THE COMMUNITY, BRIDGE GAPS IN UNDERSTANDING, ENCOURAGE IMPROVED BUILDING CODES AND INCENTIVES, SUPPORT RESILIENT POLICY, AND EMPOWER CONSUMERS WITH THE KNOWLEDGE TO UNDERTAKE, AND FUND, HAZARD MITIGATION.

Program 3

Expenses: $214,764

COLLABORATION - SERVING AS A NEXUS OF RESILIENT MINDED ORGANIZATIONS AND THOUGHT LEADERS, SMART HOME AMERICA CONNECTS STAKEHOLDER GROUPS TO IMPLEMENT PROVEN SOLUTIONS TO CREATE RESILIENT COMMUNITIES. THESE GROUPS INCLUDE, BUILDERS, CONTRACTORS, ARCHITECTS, ENGINEERS, REALTORS,INSURANCE, BUILDING OFFICIALS, LOCAL, STATE, AND FEDERAL GOVERNMENT, NON-GOVERNMENT ENTITIES,APPRAISERS AND ADJUSTORS, MANUFACTURERS AND SUPPLIERS, TRADE AND PROFESSIONAL ASSOCIATIONS, AND ACADEMICS AND RESEARCHERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $770,613

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $770,613

Expense Breakdown

Grants Paid $0

Salaries & Benefits $586,740

Fundraising Expenses $0

Program Expenses $767,015

Other Expenses $373,455

TOTAL EXPENSES $960,195

Year-over-Year Comparison

	2024	2023	Change
Revenue	$770,613	$764,011	+0.0%
Expenses	$960,195	$705,118	+0.4%
Net Income	$-189,582	$58,893	-4.2%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIE SHIYOU- WOODARD	PRESIDENT AN	40.00	Highest	$150,755	$0	$150,755
BRENDA BREAUX	BOARD MEMBER	N/A	Director	$0	$0	$0
TODD DAVISON	BOARD MEMBER	N/A	Director	$0	$0	$0
JEFF FEID	BOARD MEMBER	N/A	Director	$0	$0	$0
ERIN HABERMAN	BOARD MEMBER	N/A	Director	$0	$0	$0
CHRIS MONFORTON	CHAIR	N/A	Officer Director	$0	$0	$0
MICHAEL NEWMAN	BOARD MEMBER	N/A	Director	$0	$0	$0
LARS POWELL	VICE CHAIR	N/A	Officer Director	$0	$0	$0
JULIE ROCHMAN	IMMEDIATE PA	N/A	Director	$0	$0	$0
CARL SCHNEIDER	SECRETARY	N/A	Officer Director	$0	$0	$0
CHANDRA FRANKLIN WOMACK	TREASURER	N/A	Officer 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	$770,613	$960,195	$373,322	$-189,582
2023	$764,011	$705,118	$573,999	$58,893
2022	$695,693	$441,805	$486,885	$253,888
2022	$695,693	$441,805	$486,885	$253,888
2021	$417,975	$401,934	$235,730	$16,041
2021	$417,975	$401,934	$235,730	$16,041
2020	$486,818	$385,080	$214,090	$101,738
2019	$216,806	$339,118	$138,866	$-122,312
2018	$447,765	$325,998	$137,593	$121,767