Home Builders Association of Rockford Inc (EIN 366111477) - 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

Dennis Sweeney

Phone

8159621148

Tax Period

2024-01-01 to 2024-12-31

Home Builders Association of Rockford Inc, founded in 1956, is a micro nonprofit that reported $49K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $10K, a strong 20% operating margin.

Mission

Provides home shows to showcase goods and services of association members. Promotion of new home construction and home remodeling.

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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 $41,892

Program Service Revenue $0

Investment Income $0

Other Revenue $6,987

TOTAL REVENUE $48,879

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,387

Fundraising Expenses $0

Program Expenses $30,362

Other Expenses $19,571

TOTAL EXPENSES $38,958

Year-over-Year Comparison

	2024	2023	Change
Revenue	$48,879	$41,018	+0.2%
Expenses	$38,958	$35,446	+0.1%
Net Income	$9,921	$5,572	+0.8%

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
Michael Oehlberg	Director	000.25	Director	$0	$0	$0
Brian Stevens	Director	000.25	Director	$0	$0	$0
Tom Jennings	Director	000.25	Director	$0	$0	$0
Elliot Bolling	Director	000.25	Director	$0	$0	$0
Anthony Hernandez	Director	000.25	Director	$0	$0	$0
Steve Kitzman	Director	000.25	Director	$0	$0	$0
Dan Lignall	Director	000.25	Director	$0	$0	$0
Jacob Addis	Director	000.25	Director	$0	$0	$0
Nikki Gier	Associates Vice President	000.25	Officer	$0	$0	$0
Natty DeLaTorre	Treasurer	000.25	Officer	$0	$0	$0
Jay Pitney	Vice President	000.25	Officer	$0	$0	$0
Pam DeSanti	Secretary	000.25	Officer	$0	$0	$0
Rick Shimp	President	000.25	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
2025	No data	No data	No data	No data
2024	$48,879	$38,958	$21,600	$9,921
2023	$41,018	$35,446	$11,679	$5,572
2022	$47,499	$59,231	$45,488	$-11,732
2021	$50,265	$59,229	$57,220	$-8,964
2020	$33,554	$49,441	$66,184	$-15,887
2019	$64,033	$58,720	$82,071	$5,313
2018	$61,251	$55,719	$76,758	$5,532

Home Builders Association of Rockford Inc