Frederick County Building Industry Association Inc (EIN 521071705) - 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

1976

Legal Domicile

Principal Officer

Danielle Adams

Tax Period

2024-01-01 to 2024-12-31

Frederick County Building Industry Association Inc, founded in 1976, is a small nonprofit that reported $533K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $492K left a modest 8% surplus.

Mission

The primary mission of the Corporation is to educate its members and the public about innovative and appropriate building and industry practices and ideas, as well as to promote member professionalism.

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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 $225,676

Program Service Revenue $260,496

Investment Income $13,307

Other Revenue $33,820

TOTAL REVENUE $533,299

Expense Breakdown

Grants Paid $0

Salaries & Benefits $191,909

Fundraising Expenses $0

Program Expenses $135,538

Other Expenses $299,807

TOTAL EXPENSES $491,716

Year-over-Year Comparison

	2024	2023	Change
Revenue	$533,299	$415,243	+0.3%
Expenses	$491,716	$448,000	+0.1%
Net Income	$41,583	$-32,757	-2.3%

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

200

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
Danielle Adams	Executive Officer	40.00		$119,017	$0	$119,017
Shawn Benjaminson	Director	0.18	Director	$0	$0	$0
Mike Pilch	Past President	0.18	Officer Director	$0	$0	$0
Jerry Connelly	Vice President	1.00	Officer Director	$0	$0	$0
Crystal Maguire	Secretary	0.50	Officer Director	$0	$0	$0
Joel Rensberger	Director	0.18	Director	$0	$0	$0
Tony Checchia	Director	0.18	Director	$0	$0	$0
Shaun O'Neal	Director	0.18	Director	$0	$0	$0
Brenden Madden	Director	0.18	Director	$0	$0	$0
Nick Wade	President	1.50	Officer Director	$0	$0	$0
Tracie Clabaugh	Counsel	0.18	Director	$0	$0	$0
Mark Lancaster	Director	0.18	Director	$0	$0	$0
Charles Reeder	Treasurer	0.50	Officer Director	$0	$0	$0
Scottie Pitts	Director	0.18	Director	$0	$0	$0
Josh Fornwalt	Director	0.00	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	$533,299	$491,716	$358,071	$41,583
2023	$415,243	$448,000	$320,045	$-32,757
2022	$436,953	$464,775	$341,887	$-27,822
2021	$530,447	$325,179	$368,766	$205,268
2020	$286,181	$260,027	$172,592	$26,154

Frederick County Building Industry Association Inc