EXAMINATION BOARD OF PROFESSIONAL … - 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

1999

Legal Domicile

Principal Officer

DEE KRING

Phone

8502270711

Tax Period

2024-01-01 to 2024-12-31

EXAMINATION BOARD OF PROFESSIONAL HOME INSPECTORS INC, founded in 1999, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 16% operating deficit.

Mission

TO DEVELOP AND MAINTAIN HIGH-STAKES EXAMINATIONS FOR THE REAL ESTATE INSPECTION PROFESSION AND TO ADVOCATE FOR HIGH STANDARDS FOR THE PROFESSION.

Program Service Accomplishments

Program 1

Expenses: $722,604 Revenue: $876,166

DEVELOPED, MAINTAINED, AND ADMINISTERED HOME INSPECTOR COMPETENCY ASSESSMENT TESTING AND RESOURCE MATERIALS. ADMINISTERED OVER 5,005 EXAMS WHICH ARE AVAILABLE IN ALL FIFTY STATES AND CANADA.

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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 $0

Program Service Revenue $876,166

Investment Income $205,539

Other Revenue $0

TOTAL REVENUE $1,081,705

Expense Breakdown

Grants Paid $18,334

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $722,604

Other Expenses $1,232,449

TOTAL EXPENSES $1,250,783

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,081,705	$1,585,896	-0.3%
Expenses	$1,250,783	$1,860,203	-0.3%
Net Income	$-169,078	$-274,307	-0.4%

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

N/A

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
JASON MURTON	PRESIDENT	1.00	Officer Director	$0	$0	$0
SCOTT PATTERSON	PRESIDENT ELECT	1.00	Officer Director	$0	$0	$0
RANDY SIPE	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
GEORGE HARPER	SECRETARY	1.00	Officer Director	$0	$0	$0
LORETTA DEHAY	TREASURER	1.00	Officer Director	$0	$0	$0
CARL BRAKENSIEK	DIRECTOR	1.00	Director	$0	$0	$0
JAMES P ALLEN	DIRECTOR	1.00	Director	$0	$0	$0
MITCH SUDY	DIRECTOR	1.00	Director	$0	$0	$0
MARLON PAGE	DIRECTOR	1.00	Director	$0	$0	$0
REUBEN SALTZMAN	DIRECTOR	1.00	Director	$0	$0	$0
CHARLIE SESSUMS	DIRECTOR	1.00	Director	$0	$0	$0
PETER SNIDERMAN	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN SYZDEK	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL CASEY	DIRECTOR	1.00	Director	$0	$0	$0
DEE KRING	EXECUTIVE DIRECTOR	25.00	Officer	$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	$1,081,705	$1,250,783	$5,642,896	$-169,078
2023	$1,585,896	$1,860,203	$5,504,590	$-274,307
2022	$2,484,199	$2,051,953	$5,233,146	$432,246
2021	$1,943,441	$937,624	$5,345,523	$1,005,817
2020	$1,491,172	$1,332,400	$4,198,465	$158,772
2019	$1,240,533	$1,092,861	$4,007,311	$147,672
2018	$1,143,649	$648,932	$3,550,891	$494,717

EXAMINATION BOARD OF PROFESSIONAL HOME INSPECTORS INC