Builders Association Educational and Scholarship Foundation (EIN 431554922) - 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

1989

Legal Domicile

Principal Officer

The corporation

Phone

8165314741

Tax Period

2024-01-01 to 2024-12-31

Builders Association Educational and Scholarship Foundation, founded in 1989, is a small nonprofit that reported $142K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $127K left a modest 11% surplus.

Mission

To promote the academic education of individuals who seek careers in the construction industry.

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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 $90,435

Program Service Revenue $0

Investment Income $51,235

Other Revenue $0

TOTAL REVENUE $141,670

Expense Breakdown

Grants Paid $85,500

Salaries & Benefits $0

Fundraising Expenses $29,569

Program Expenses $85,500

Other Expenses $41,016

TOTAL EXPENSES $126,516

Year-over-Year Comparison

	2024	2023	Change
Revenue	$141,670	$191,349	-0.3%
Expenses	$126,516	$110,616	+0.1%
Net Income	$15,154	$80,733	-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

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

$435,815

Total Directors

$435,815

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lance Claiborne	President	1.00	Officer Director	$0	$37,840	$266,326
Caleb McCandless	Secretary Treasurer	1.00	Officer Director	$0	$33,342	$169,489
Phillip Thomas	Chairman	1.00	Officer Director	$0	$0	$0
Laura Hoffman	Director	1.00	Director	$0	$0	$0
Scott Kelly	Director	1.00	Director	$0	$0	$0
Brandy McCombs	Director	1.00	Director	$0	$0	$0
Adam Hammeke	Director	1.00	Director	$0	$0	$0
Matt Osborne	Director	1.00	Director	$0	$0	$0
Christy Turner	Director	1.00	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	$141,670	$126,516	$1,512,908	$15,154
2023	$191,349	$110,616	$1,436,637	$80,733
2022	$129,377	$107,949	$1,271,119	$21,428
2021	$112,805	$109,077	$1,391,387	$3,728
2020	$115,194	$111,432	$1,333,758	$3,762

Builders Association Educational and Scholarship Foundation