HOME BUILDERS ASSOCIATION OF SOUTHERN IN (EIN 351377507) - 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

1956

Legal Domicile

Principal Officer

CHRISTIAN EVANS

Phone

8122801600

Tax Period

2023-01-01 to 2023-12-31

HOME BUILDERS ASSOCIATION OF SOUTHERN IN, founded in 1956, is a small nonprofit that reported $273K in total revenue in fiscal year 2023.

Mission

THE ORGANIZATION IS A LOCAL NON-PROFIT MEMBERSHIP ASSOCIATION DEDICATED TO SERVICING THE HOUSING INDUSTRY BY ADVANCING PROFESSIONAL GROWTH AND PROVIDING QUALITY, AFFORDABLE HOUSING FOR OUR COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $149,551

Program Service Revenue $117,972

Investment Income $2,714

Other Revenue $3,244

TOTAL REVENUE $273,481

Expense Breakdown

Grants Paid $0

Salaries & Benefits $97,551

Fundraising Expenses $0

Other Expenses $172,801

TOTAL EXPENSES $270,352

Year-over-Year Comparison

	2023	2022	Change
Revenue	$273,481	$280,190	0.0%
Expenses	$270,352	$219,891	+0.2%
Net Income	$3,129	$60,299	-0.9%

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

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

$91,001

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON SAMS	DIRECTOR	1.00	Director	$0	$0	$0
RYAN HODSKINS	CHARIMAN	1.00	Officer Director	$0	$0	$0
MARK MILLINER	DIRECTOR	1.00	Director	$0	$0	$0
GARRETT SMITH	TREASURER	1.00	Officer Director	$0	$0	$0
DAVE MILLER	DIRECTOR	1.00	Director	$0	$0	$0
GREG FURNISH	DIRECTOR	1.00	Director	$0	$0	$0
BRAD WEDDINGTON	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
ALEX MINNICH	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL SCHULER	DIRECTOR	1.00	Director	$0	$0	$0
DAVID HOBBS	DIRECTOR	1.00	Director	$0	$0	$0
ERIC MORRIS	ASSOCIATE VICE CHAIRMAN	1.00	Director	$0	$0	$0
JACOB VISSING	DIRECTOR	1.00	Director	$0	$0	$0
LEE THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
JOSH HILLMAN	DIRECTOR	1.00	Director	$0	$0	$0
JACOB JULIUS	DIRECTOR	1.00	Director	$0	$0	$0
JASON LOPP	DIRECTOR	1.00	Director	$0	$0	$0
JIM SCHULER	DIRECTOR	1.00	Director	$0	$0	$0
CAMERON FURNISH	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIAN EVANS	CEO	40.00	Officer	$85,000	$6,001	$91,001

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	$273,481	$270,352	$166,154	$3,129
2022	$280,190	$219,891	$156,599	$60,299
2021	$247,071	$192,701	$99,009	$54,370
2020	$205,250	$177,082	$40,785	$28,168
2019	$221,659	$239,443	$20,919	$-17,784
2018	$266,211	$277,950	$28,251	$-11,739

HOME BUILDERS ASSOCIATION OF SOUTHERN IN