BLD CONNECTION (EIN 411676811) - 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

1990

Legal Domicile

Principal Officer

CODY NUERNBERG

Phone

7635446822

Tax Period

2023-10-01 to 2024-09-30

BLD CONNECTION, founded in 1990, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $1.2M left a modest 9% surplus.

Mission

BLD CONNECTION'S MISSION IS TO ADVANCE THE LUMBER & BUILDING MATERIAL INDUSTRY IN THE MIDWEST AND STRENGTHEN ITS MEMBERS THROUGH EDUCATION, NETWORKING, ADVOCACY, AND RESOURCES.

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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 $0

Program Service Revenue $1,210,429

Investment Income $31,013

Other Revenue $65,535

TOTAL REVENUE $1,306,977

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,188,592

TOTAL EXPENSES $1,188,592

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,306,977	$1,432,144	-0.1%
Expenses	$1,188,592	$1,195,514	0.0%
Net Income	$118,385	$236,630	-0.5%

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

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

$162,390

Total Directors

$162,390

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CODY NUERNBERG	PRESIDENT/SECRETARY	45.00	Officer Director	$0	$28,602	$162,390
LYNN TRASK	PAST CHAIR	1.00	Officer Director	$0	$0	$0
BRIAN WENDT	CHAIRMAN	1.00	Officer Director	$0	$0	$0
SCOTT ENTER	1ST VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
JENNIFER LEACHMAN	TREASURER	1.00	Officer Director	$0	$0	$0
NATHAN EHLEN	WI DIRECTOR	1.00	Director	$0	$0	$0
PAT HEGSETH	MN DIRECTOR	1.00	Director	$0	$0	$0
SAMANTHA NASSET	ND DIRECTOR	1.00	Director	$0	$0	$0
JASON MEESTER	SD DIRECTOR	1.00	Director	$0	$0	$0
CHRIS HARDING	ASSOCIATE DIRECTOR	1.00	Director	$0	$0	$0
MIKE BERTRAND	NLI VICE PRESIDENT	1.00	Director	$0	$0	$0
BILL BROTHERTON	NLI PRESIDENT	1.00	Director	$0	$0	$0
BRETT HANSON	NLBMDA REPRESENTATIVE	1.00	Director	$0	$0	$0
MARK RUSSELL	NE DIRECTOR	1.00	Director	$0	$0	$0
BRENT SCHNEIDER	IA DIRECTOR	1.00	Director	$0	$0	$0
BRIAN KLIMEK	MN DIRECTOR	1.00	Director	$0	$0	$0
NATE HANSON	ASSOCIATE DIRECTOR	1.00	Director	$0	$0	$0
HATCH MCCRAY	MID AMERICA DIRECTOR	1.00	Director	$0	$0	$0
ADAM HENDRIX	2ND VICE CHAIR	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
2024	$1,306,977	$1,188,592	$3,238,357	$118,385
2023	$1,432,144	$1,195,514	$3,042,551	$236,630
2022	$1,055,870	$947,294	$2,916,463	$108,576
2021	$1,096,327	$896,236	$3,406,174	$200,091
2020	$1,024,407	$947,075	$2,993,294	$77,332
2019	$1,158,304	$1,074,416	$2,799,646	$83,888
2018	$1,149,509	$1,062,482	$2,740,473	$87,027

BLD CONNECTION