GREATER GREENSBORO BUILDERS ASSOCI… - 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

1957

Legal Domicile

Principal Officer

CHERYL COLLINS

Phone

3368556255

Tax Period

2024-01-01 to 2024-12-31

GREATER GREENSBORO BUILDERS ASSOCIATION, founded in 1957, is a small nonprofit that reported $985K in total revenue in fiscal year 2024.

Mission

BUILDER'S TRADE ASSOCIATION - TO PROMOTE THE HOME BUILDING INDUSTRY AND PROVIDE EDUCATION TO ITS MEMBERS.

Program Service Accomplishments

Program 1

TRADE SHOWS FOR MEMBERSHIP AND GENERAL PUBLIC FOR PROMOTING SKILLS TO THE PUBLIC.

Program 2

EDUCATION AND PROGRAMS TO STIMULATE KNOWLEDGE WITHIN THE INDUSTRY.

Program 3

SOCIAL EVENTS PROVIDED TO HELP STIMULATE INTERACTION AMONG GENERAL

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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 $378,013

Program Service Revenue $574,879

Investment Income $16,930

Other Revenue $15,097

TOTAL REVENUE $984,919

Expense Breakdown

Grants Paid $0

Salaries & Benefits $264,924

Fundraising Expenses $0

Program Expenses $961,237

Other Expenses $696,313

TOTAL EXPENSES $961,237

Year-over-Year Comparison

	2024	2023	Change
Revenue	$984,919	$915,003	+0.1%
Expenses	$961,237	$905,454	+0.1%
Net Income	$23,682	$9,549	+1.5%

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

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

$100,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHERYL COLLINS	EXEC OFFICER	40.00	Officer	$100,000	$0	$100,000

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	$984,919	$961,237	$785,551	$23,682
2023	$915,003	$905,454	$771,489	$9,549
2022	$947,713	$941,948	$758,672	$5,765
2021	$819,396	$830,286	$756,548	$-10,890
2020	$832,146	$825,700	$759,644	$6,446
2019	$870,484	$876,955	$755,993	$-6,471
2018	$926,334	$911,793	$762,461	$14,541

GREATER GREENSBORO BUILDERS ASSOCIATION