HOME BUILDERS ASSOCIATION OF SC

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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

1964

Legal Domicile

Principal Officer

MARK NIX

Phone

8037717408

Tax Period

2024-01-01 to 2024-12-31

HOME BUILDERS ASSOCIATION OF SC, founded in 1964, is a small nonprofit that reported $773K in total revenue in fiscal year 2024. Expenses of $907K exceeded revenue, resulting in a 17% operating deficit.

Mission

THIS ASSOCIATION EXISTS FOR THE PURPOSE OF IMPROVING CONDITIONS IN THE HOME BUILDING INDUSTRY AND THEREBY ASSISTING TO IMPROVE THE SOCIAL, POLITICAL AND ECONOMIC WELFARE OF THE NATION.

Program Service Accomplishments

Program 1

Expenses: $868,804 Revenue: $708,765

THIS ASSOCIATION EXISTS FOR THE PURPOSE OF IMPROVING CONDITIONS IN THE HOME BUILDING INDUSTRY AND THEREBY ASSISTING TO IMPROVE THE SOCIAL, POLITICAL AND ECONOMIC WELFARE OF THE NATION.

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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 $235,982

Program Service Revenue $472,783

Investment Income $18,066

Other Revenue $46,039

TOTAL REVENUE $772,870

Expense Breakdown

Grants Paid $0

Salaries & Benefits $482,417

Fundraising Expenses $0

Program Expenses $868,804

Other Expenses $424,205

TOTAL EXPENSES $906,622

Year-over-Year Comparison

	2024	2023	Change
Revenue	$772,870	$762,292	+0.0%
Expenses	$906,622	$889,271	+0.0%
Net Income	$-133,752	$-126,979	+0.1%

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

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

$207,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROB CLEMONS	PRESIDENT	1.00	Officer	$0	$0	$0
EDDIE YANDLE	VICE PRESIDE	1.00	Officer	$0	$0	$0
DOUG JAMES	TREASURER	1.00	Officer	$0	$0	$0
HAL DILLARD	SECRETARY	1.00	Officer	$0	$0	$0
LOUIE HOPKINS	PAST PRESIDE	1.00	Officer	$0	$0	$0
ED BYRD	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDY WHITE	BOARD MEMBER	1.00	Director	$0	$0	$0
BENNETT GRIFFIN	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDY BARBER	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN STEELMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHNNY ULDRICK	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK AUTORINO	BOARD MEMBER	1.00	Director	$0	$0	$0
KEN GIBSON	BOARD MEMBER	1.00	Director	$0	$0	$0
TAYLOR LYLES	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK BRITTMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD HITCHLER	BOARD MEMBER	1.00	Director	$0	$0	$0
CHARLES FOSTER	BOARD MEMBER	1.00	Director	$0	$0	$0
TONY TROIANI	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK NIX	EXECUTIVE OF	40.00	Officer	$207,600	$0	$207,600

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	$772,870	$906,622	$602,250	$-133,752
2023	$762,292	$889,271	$736,002	$-126,979
2022	$1,161,784	$737,333	$872,181	$424,451
2021	$510,976	$611,953	$441,427	$-100,977
2020	$527,755	$539,144	$555,288	$-11,389
2019	$790,883	$592,530	$571,221	$198,353
2018	$559,131	$578,323	$376,730	$-19,192