BUILDERS ASSOCIATION OF GREATER INDIANAPOLIS INC (EIN 350799701) - Form 990 Financial Analysis & Trantor Score

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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

1946

Legal Domicile

Principal Officer

CHRIS HANCOCK

Phone

3172366330

Tax Period

2024-07-01 to 2025-06-30

BUILDERS ASSOCIATION OF GREATER INDIANAPOLIS INC, founded in 1946, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $2.2M left a modest 9% surplus.

Mission

PROMOTION OF THE BUILDING TRADE AND HOME CONSTRUCTION INDUSTRY IN THE INDIANAPOLIS AREA.

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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 $418,357

Program Service Revenue $1,196,195

Investment Income $51,210

Other Revenue $686,558

TOTAL REVENUE $2,352,320

Expense Breakdown

Grants Paid $0

Salaries & Benefits $724,922

Fundraising Expenses $0

Other Expenses $1,425,616

TOTAL EXPENSES $2,150,538

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,352,320	$2,623,571	-0.1%
Expenses	$2,150,538	$2,763,222	-0.2%
Net Income	$201,782	$-139,651	-2.4%

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

150

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

$304,531

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE LAINS	CEO (RETIRED 4/4/2025)	40.00	Officer	$153,404	$18,333	$171,737
CHRIS HANCOCK	CEO (STARTED 3/17/2025)	40.00	Officer	$0	$0	$0
ROSEMARY MANIFOLD	CHIEF FINANCIAL OFFICER	40.00	Officer	$107,449	$25,345	$132,794
CHRISTIAN RECTOR	PRESIDENT	1.00	Officer Director	$0	$0	$0
TATUM HILL	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
DOUG ELMORE	1ST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PATRICK GRAY	2ND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RYAN GELTZ	SECRETARY	1.00	Officer Director	$0	$0	$0
GEOFF HOREN	TREASURER	1.00	Officer Director	$0	$0	$0
TOM BEDSOLE	PARLIAMENTARIAN	1.00	Director	$0	$0	$0
DON CHESNEY	EX-OFFICIO	1.00	Director	$0	$0	$0
JOHN LAZARO JR	MEMBER	1.00	Director	$0	$0	$0
PENNY SIML	MEMBER	1.00	Director	$0	$0	$0
JEREMY ASH	MEMBER	1.00	Director	$0	$0	$0
LISA MYERS	MEMBER	1.00	Director	$0	$0	$0
ERIK ADAMS	MEMBER	1.00	Director	$0	$0	$0
RIQUE MCPHERON	MEMBER	1.00	Director	$0	$0	$0
KIM KELLY	EX-OFFICIO	1.00	Director	$0	$0	$0
PATRICK SCOTT	MEMBER	1.00	Director	$0	$0	$0
KAREN KARR	MEMBER	1.00	Director	$0	$0	$0
HELEN METKEN	EX-OFFICIO	1.00	Director	$0	$0	$0
JIM MORRIS	EX-OFFICIO	1.00	Director	$0	$0	$0
JERROD KLEIN	EX-OFFICIO	1.00	Director	$0	$0	$0
JEFF MORGAN	MEMBER	1.00	Director	$0	$0	$0
TODD PYATT	ADVOCACY REP	1.00	Director	$0	$0	$0
JOHN MCKENZIE	MEMBER	1.00	Director	$0	$0	$0
RYAN LEE	MEMBER	1.00	Director	$0	$0	$0
MICHAEL MERCHO	MEMBER	1.00	Director	$0	$0	$0
TIM ECKERT	MEMBER	1.00	Director	$0	$0	$0
GARY MCNUTT	MEMBER	1.00	Director	$0	$0	$0
JASON ELLS	MEMBER	1.00	Director	$0	$0	$0
ANDREW BRINDLEY	MEMBER	1.00	Officer Director	$0	$0	$0
KEVIN MEANS	MEMBER	1.00	Director	$0	$0	$0
JEFF LANGSTON	MEMBER	1.00	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
2025	$2,352,320	$2,150,538	$4,046,275	$201,782
2024	$2,623,571	$2,763,222	$3,287,806	$-139,651
2023	$3,081,104	$2,949,288	$2,961,548	$131,816
2022	$2,790,757	$2,780,980	$2,611,670	$9,777
2021	$2,763,341	$2,304,220	$2,811,453	$459,121
2020	$1,339,671	$1,356,921	$2,183,175	$-17,250
2019	$1,538,080	$1,528,253	$1,954,135	$9,827

BUILDERS ASSOCIATION OF GREATER INDIANAPOLIS INC