SANFORD AREA HOME BUILDERS ASSOCIATION

EIN: 561465764

SANFORD, NC

Total Revenue
$24,279
Total Expenses
$23,502
Total Assets
$11,129
Net Assets
$11,129
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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
1985
Legal Domicile
NC
Phone
9197706080
Tax Period
2025-01-01 to 2025-12-31

SANFORD AREA HOME BUILDERS ASSOCIATION, founded in 1985, is a micro nonprofit that reported $24K in total revenue in fiscal year 2025. Revenue decreased 5% compared to the prior year. Expenses of $24K left a modest 3% surplus.

Mission

RESOURCE POOL FOR HOME BUILDERS

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $24,279
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $24,279

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $4,717
Other Expenses $23,502
TOTAL EXPENSES $23,502

Year-over-Year Comparison

2025 2024 Change
Revenue $24,279 $25,572 -0.1%
Expenses $23,502 $25,956 -0.1%
Net Income $777 $-384 -3.0%
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

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Governance

Voting Members
12
Independent Members
12
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
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CASEY COLLINS BOARD MEMBER 1.00
Director
$0 $0 $0
MERRITT FOUSHEE BOARD MEMBER 1.00
Director
$0 $0 $0
VAN GROCE PRESIDENT 1.00
Officer
$0 $0 $0
MICHAEL DUSSAULT VICE PRESIDENT 1.00
Officer
$0 $0 $0
NANCY REMALEY EXECUTIVE DIRECTOR 1.00
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
2025 $24,279 $23,502 $11,129 $777
2024 $25,572 $25,956 $10,352 $-384
2023 $22,601 $21,213 $10,736 $1,388
2022 $22,277 $23,884 $9,348 $-1,607
2021 $19,485 $19,701 $10,955 $-216
2020 $18,062 $18,849 $11,171 $-787
2019 $21,160 $22,145 $11,958 $-985
2018 $20,240 $23,533 $17,533 $-3,293
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