HOME BUILDERS ASSOCIATION OF DURHAM ORANGE AND CHATHAM COUNTIES (EIN 560788475) - 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

1962

Legal Domicile

Principal Officer

HOLLY FRACCARO

Phone

9194938899

Tax Period

2024-01-01 to 2024-12-31

HOME BUILDERS ASSOCIATION OF DURHAM ORANGE AND CHATHAM COUNTIES, founded in 1962, is a small nonprofit that reported $931K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

THE HOME BUILDERS ASSOCIATION IS THE PROFESSIONAL ASSOCIATION FOR PEOPLE IN THE RESIDENTIAL CONSTRUCTION INDUSTRY AND INCLUDES BUILDERS OF ALL TYPES OF HOUSING AND ALL THE ALLIED TRADES, SUPPLIERS AND PROFESSIONS. ITS PRIMARY PURPOSE IS TO PROMOTE THE WELFARE OF QUALIFIED MEMBERS OF THE ASSOCIATION AND THE HOME BUILDING 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 $0

Program Service Revenue $931,096

Investment Income $5

Other Revenue $345

TOTAL REVENUE $931,446

Expense Breakdown

Grants Paid $0

Salaries & Benefits $264,089

Fundraising Expenses $0

Other Expenses $662,210

TOTAL EXPENSES $926,299

Year-over-Year Comparison

	2024	2023	Change
Revenue	$931,446	$794,273	+0.2%
Expenses	$926,299	$806,379	+0.1%
Net Income	$5,147	$-12,106	-1.4%

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

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

$157,372

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HOLLY FRACCARO	CHIEF EXECUTIVE OFFICER	50.00	Officer	$142,447	$14,925	$157,372
JASON DELL	BUILDER DIRECTOR	0.50	Director	$0	$0	$0
CHRIS FOSS	BUILDER DIRECTOR	0.25	Director	$0	$0	$0
KEVIN LANCASTER	BUILDER DIRECTOR	0.25	Director	$0	$0	$0
ERICA LEATHAM	BUILDER DIRECTOR	0.25	Director	$0	$0	$0
WILL KING	BUILDER DIRECTOR	0.25	Director	$0	$0	$0
JUAN MONTES	BUILDER DIRECTOR	0.25	Director	$0	$0	$0
NORA SPENCER	BUILDER DIRECTOR	0.25	Director	$0	$0	$0
DAN BROWN	ASSOCIATE DIRECTOR	0.25	Director	$0	$0	$0
PATRICK BYKER	ASSOCIATE DIRECTOR	0.25	Director	$0	$0	$0
DAVE KOCIENDA	ASSOCIATE DIRECTOR	0.25	Director	$0	$0	$0
LAWRENCE PITTMAN	ASSOCIATE DIRECTOR	0.25	Director	$0	$0	$0
TIM SIVERS	ASSOCIATE DIRECTOR	0.25	Director	$0	$0	$0
KEN COMBS	CHAIRMAN	1.50	Officer Director	$0	$0	$0
AUDREY LODER	VICE CHAIRMAN	0.50	Officer Director	$0	$0	$0
DAVID FITCH	SECOND VICE CHAIRMAN	0.25	Officer Director	$0	$0	$0
BENJAMIN UYSMITH	SERCRETARY/TREASURER	0.50	Officer Director	$0	$0	$0
HELEN FRAZIER	ASSOCIATE VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
MATT LAWING	CHAIRMAN'S APPOINTEE	0.50	Officer Director	$0	$0	$0
LEE BOWMAN	IMMEDIATE PAST PRESIDENT	0.25	Officer Director	$0	$0	$0
TOM DIBENNEDETTO	EX-OFFICIO	0.25	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	$931,446	$926,299	$554,596	$5,147
2023	$794,273	$806,379	$485,950	$-12,106
2022	$676,936	$685,600	$464,970	$-8,664
2021	$671,494	$634,874	$529,852	$36,620
2020	$589,141	$585,861	$491,133	$3,280
2019	$658,007	$649,533	$446,629	$8,474
2018	$643,114	$638,752	$433,667	$4,362

HOME BUILDERS ASSOCIATION OF DURHAM ORANGE AND CHATHAM COUNTIES