BUILDING INSPECTORS ASSOCIATION OF… - Form 990 Financial Data

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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

2002

Legal Domicile

Principal Officer

TIMOTHY DOUGHERTY

Phone

5166260973

Tax Period

2023-01-01 to 2023-12-31

BUILDING INSPECTORS ASSOCIATION OF NASSAU COUNTY CORP, founded in 2002, is a micro nonprofit in the Community Improvement sector that reported $94K in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $65K, a strong 69% operating margin.

Mission

B.I.A.N.C.O. IS A PROFESSIONAL AND EDUCATIONAL ORGANIZATION - WHOSE MISSION IS TO ENCOURAGE PROFESSIONALISM THROUGHOUT ALL ASPECTS OF THE BUILDING INDUSTRY, INCLUDING THE ENFORCEMENT OF LAWS AND THE FREE FLOW OF INFORMATION. B.I.A.N.C.O. PURSUES THIS MISSION BY PROVIDING EDUCATIONAL SEMINARS TO ITS MEMBERS, OPPORTUNITIES TO ATTEND STATEWIDE AND NATIONAL EDUCATIONAL AND CODE FORMULATION CONVENTIONS, AND THE ENCOURAGEMENT OF THE FREE EXCHANGE OF IDEAS AND CONCERNS RELATED TO THE BUILDING FIELD. B.I.A.N.C.O. ALSO PROMOTES ITS MISSION THROUGH ATTENDING INDUSTRY TRADE SHOWS, ADDRESSING SCHOLARSHIPS TO PROVIDE AN OPPORTUNITY FOR HIGHER LEARNING TO UP-AND-COMING PROFESSIONALS.

Program Service Accomplishments

Program 1

THROUGH FUND RAISING AND DUES, THE ORGANIZATION PROVIDED FOR IT'S MEMBERS EDUCATIONAL PROGRAMS AND TO ATTEND EDUCATIONAL CONFERENCES, PROVIDED SCHOLARSHIPS FOR UP & COMING PROFESSIONALS.

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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 $29,655

Program Service Revenue $0

Investment Income $29,221

Other Revenue $34,906

TOTAL REVENUE $93,782

Expense Breakdown

Grants Paid $5,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $25,600

Other Expenses $23,177

TOTAL EXPENSES $28,677

Year-over-Year Comparison

	2023	2022	Change
Revenue	$93,782	$129,977	-0.3%
Expenses	$28,677	$43,825	-0.3%
Net Income	$65,105	$86,152	-0.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN N HARAMIS	PRESIDENT	N/A	Officer	$0	$0	$0
GERRY CASTRO	FIRST VICE P	N/A	Officer	$0	$0	$0
VINCENT ALBERT	SECOND VICE	N/A	Officer	$0	$0	$0
TIMOTHY DOUGHERTY	TREASURER	N/A	Officer	$0	$0	$0
KERRY COLLINS	ASSISTANT TR	N/A	Officer	$0	$0	$0
BINU PILLAY	SECRETARY	N/A	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	No data	No data	No data	No data
2023	$93,782	$28,677	$672,008	$65,105
2022	$129,977	$43,825	$590,201	$86,152
2021	$56,202	$23,108	$684,188	$33,094
2020	$49,119	$26,697	$584,887	$22,422
2019	$67,982	$67,451	$512,358	$531
2018	$49,075	$40,191	$417,380	$8,884

BUILDING INSPECTORS ASSOCIATION OF NASSAU COUNTY CORP