ASSOCIATION OF HOME OFFICE UNDERWRITERS INC (EIN 522305267) - 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

2001

Legal Domicile

Principal Officer

CARRIE HOFFMAN

Phone

2029620167

Tax Period

2024-01-01 to 2024-12-31

ASSOCIATION OF HOME OFFICE UNDERWRITERS INC, founded in 2001, is a community nonprofit in the Community Improvement sector that reported $1.7M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $409K, a strong 23% operating margin.

Mission

TO PROMOTE AND ENCOURAGE NETWORKING, CONTINUED EDUCATION AND PROFESSIONAL DEVELOPMENT.

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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 $1,594,579

Investment Income $70,590

Other Revenue $77,321

TOTAL REVENUE $1,742,490

Expense Breakdown

Grants Paid $3,190

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,329,986

TOTAL EXPENSES $1,333,176

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,742,490	$1,604,355	+0.1%
Expenses	$1,333,176	$1,212,761	+0.1%
Net Income	$409,314	$391,594	+0.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHAN MEINDEL	PRESIDENT	5.00	Officer Director	$0	$0	$0
KIMBERLEY WATERFIELD	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
MARK LOUNDS	PAST PRESIDENT	5.00	Officer Director	$0	$0	$0
SEAN FLANAGAN	TREASURER	5.00	Officer Director	$0	$0	$0
MICHELLE PRIVETT	BOARD MEMBER	3.00	Director	$0	$0	$0
TRACIE DAVIS	BOARD MEMBER	3.00	Director	$0	$0	$0
KRIS CHANEY	BOARD MEMBER	3.00	Director	$0	$0	$0
KAREN PHELAN	BOARD MEMBER	3.00	Director	$0	$0	$0
LAURA WHEELER	BOARD MEMBER	3.00	Director	$0	$0	$0
CATIE MUCCIGROSSO	BOARD MEMBER	3.00	Director	$0	$0	$0
ROBIN HOLICKY	BOARD MEMBER	3.00	Director	$0	$0	$0
NICHOLE MYERS	BOARD MEMBER	3.00	Director	$0	$0	$0
FAZILYA ABDULKAFAROVA	BOARD MEMBER	3.00	Director	$0	$0	$0
SHAWN JAMES	BOARD MEMBER	3.00	Director	$0	$0	$0
JENNIFER JOHNSON-PAST PRESIDENT	THRU MAY 2024	5.00	Officer Director	$0	$0	$0
KEN TURSCAK-TREASURER THRU	MAY 2024	5.00	Officer Director	$0	$0	$0
WHITNEY BARNES-BOARD MEMBER	THRU MAY 2024	3.00	Director	$0	$0	$0
JESSICA CARACOFE-BOARD MEMBER	THRU MAY 2024	3.00	Director	$0	$0	$0
DAN DRABIK-BOARD MEMBER	THRU JANUARY 2024	3.00	Director	$0	$0	$0
CARRIE HOFFMAN	EXECUTIVE DIRECTOR	20.00	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	$1,742,490	$1,333,176	$2,264,489	$409,314
2023	$1,604,355	$1,212,761	$1,910,053	$391,594
2021	$594,799	$444,004	$1,140,859	$150,795
2020	$318,636	$266,880	$1,141,283	$51,756
2019	$1,119,382	$1,022,827	$957,360	$96,555
2018	$1,059,610	$1,148,869	$821,338	$-89,259

ASSOCIATION OF HOME OFFICE UNDERWRITERS INC