HOMEBUILDERS ASSOC OF CHEROKEE CO

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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

1979

Legal Domicile

Phone

8644875529

Tax Period

2024-01-01 to 2024-12-31

HOMEBUILDERS ASSOC OF CHEROKEE CO, founded in 1979, is a micro nonprofit in the Community Improvement sector that reported $27K in total revenue in fiscal year 2024.

Mission

HOME BUILDERS ASSOCIATION

Program Service Accomplishments

Program 1

Expenses: $26,096

TO PROMOTE QUALITY HOME BUILDING IN CHEROKEE COUNTY SC WHILE CONDUCTING FUND RAISING EVENTS TO INCREASE PUBLIC AWARENESS AND ASSIST LOCAL CHARITIES.

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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 $12,650

Program Service Revenue $3,628

Investment Income $827

Other Revenue $10,155

TOTAL REVENUE $27,260

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $50

Program Expenses $26,096

Other Expenses $18,731

TOTAL EXPENSES $28,079

Year-over-Year Comparison

	2024	2023	Change
Revenue	$27,260	$26,492	+0.0%
Expenses	$28,079	$28,361	0.0%
Net Income	$-819	$-1,869	-0.6%

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
TRACY MCDANIEL	BUILDER BOARD MEMBER	0.00	Director	$0	$0	$0
BRICE COOK	BUILDER BOARD MEMBER	0.00	Director	$0	$0	$0
JIM KISER	BUILDER BOARD MEMBER	0.00	Director	$0	$0	$0
BARBARA ALLISON	ASSOCIATE BOARD MEMBER	0.00	Director	$0	$0	$0
RANDY CARNES	ASSOCIATE BOARD MEMBER	0.00	Director	$0	$0	$0
ADAM HODGE	ASSOCIATE BOARD MEMBER	0.00	Director	$0	$0	$0
RUDY PETERSON	ASSOCIATE BOARD MEMBER	0.00	Director	$0	$0	$0
WILL SPEARMAN	ASSOCIATE BOARD MEMBER	0.00	Director	$0	$0	$0
PERRIN PARKER	ASSOCIATE BOARD MEMBER	0.00	Director	$0	$0	$0
TODD RICHARDS	PRESIDENT	0.00	Officer Director	$0	$0	$0
JOHN CHASON	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
JEFF TATE	ASSOCIATES VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
GORDON ERICKSON	SECRETARY	0.00	Officer Director	$0	$0	$0
GREG MCGINN	TREASURER	0.00	Officer Director	$0	$0	$0
RICHARD LAVENDER	EXECUTIVE DIRECTOR	20.00	Highest	$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	No data	No data	No data	No data
2024	$27,260	$28,079	$22,671	$-819
2023	$26,492	$28,361	$23,490	$-1,869
2022	$29,222	$29,310	$25,359	$-88
2021	$25,898	$29,193	$25,447	$-3,295
2020	$27,221	$28,457	$28,742	$-1,236
2019	$33,804	$31,642	$29,978	$2,162
2018	$29,095	$25,409	$27,816	$3,686