NORTH CAROLINA HOME BUILDERS ASSOC EDUCATIONAL AND CHARITABLE FDTN INC (EIN 561864518) - 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

1995

Legal Domicile

Principal Officer

TIM MINTON

Phone

9196769090

Tax Period

2023-01-01 to 2023-12-31

NORTH CAROLINA HOME BUILDERS ASSOC EDUCATIONAL AND CHARITABLE FDTN INC, founded in 1995, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2023. Revenue fell 60% from the prior year — a significant decline worth monitoring. Net assets of $3.5M represent 27 months of operating reserves.

Mission

TO PROVIDE EDUCATION AND DISASTER RELIEF FUNDS.

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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 $1,499,587

Program Service Revenue $0

Investment Income $21,655

Other Revenue $3,708

TOTAL REVENUE $1,524,950

Expense Breakdown

Grants Paid $28,410

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,507,009

Other Expenses $1,571,384

TOTAL EXPENSES $1,599,794

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,524,950	$3,791,211	-0.6%
Expenses	$1,599,794	$748,501	+1.1%
Net Income	$-74,844	$3,042,710	-1.0%

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

$628,851

Total Directors

$628,851

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRANDON BRYANT	CHAIRMAN	2.00	Officer Director	$0	$0	$0
CODY BYRD	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
TIM MINTON	PRESIDENT	2.00	Officer Director	$0	$48,788	$493,812
TRACIE GARRETT	VICE PRESIDENT	1.00	Officer Director	$0	$20,701	$135,039
CHARLENE ALLEN	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
THOMAS MCLEAN	BOARD MEMBER	1.00	Director	$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	$1,524,950	$1,599,794	$5,242,086	$-74,844
2022	$3,791,211	$748,501	$5,568,140	$3,042,710

NORTH CAROLINA HOME BUILDERS ASSOC EDUCATIONAL AND CHARITABLE FDTN INC