FLORIDA HOME BUILDERS FOUNDATION I… - Form 990 Financial Data

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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

2000

Legal Domicile

Principal Officer

RAY PUZZITIELLO

Phone

8502244316

Tax Period

2022-01-01 to 2022-12-31

FLORIDA HOME BUILDERS FOUNDATION INC, founded in 2000, is a small nonprofit in the Education sector that reported $204K in total revenue in fiscal year 2022. Revenue surged 983% from the prior year, signaling strong growth momentum. Expenses of $606K exceeded revenue, resulting in a 196% operating deficit.

Mission

TO ENGAGE IN HOUSING-RELATED EDUCATIONAL ACTIVITIES AND TO HELP YOUTH UNDERSTAND AND PURSUE REWARDING CAREERS IN HOMEBUILDING AND RELATED CONSTRUCTION TRADES.

Program Service Accomplishments

Program 1

Expenses: $562,533

FUNDRAISING FOR THE SUPPORT OF THE FUTURE BUILDERS OF AMERICA, INCLUDES PROVIDING SCHOLARSHIPS FOR THESE INDIVIDUALS AND HOSTING AN ANNUAL SUMMER LEADERSHIP CAMP FOR THE DEVELOPMENT OF STUDENTS...

FUNDRAISING FOR THE SUPPORT OF THE FUTURE BUILDERS OF AMERICA, INCLUDES PROVIDING SCHOLARSHIPS FOR THESE INDIVIDUALS AND HOSTING AN ANNUAL SUMMER LEADERSHIP CAMP FOR THE DEVELOPMENT OF STUDENTS INVOLVED IN THIS ORGANIZATION.

Program 2

Expenses: $31,067 Revenue: $44,541

HURRICANE RELIEF ASSISTANCE

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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 (2022)

Revenue Breakdown

Contributions & Grants $44,541

Program Service Revenue $0

Investment Income $150,842

Other Revenue $8,932

TOTAL REVENUE $204,315

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $593,600

Other Expenses $605,617

TOTAL EXPENSES $605,617

Year-over-Year Comparison

	2022	2021	Change
Revenue	$204,315	$18,858	+9.8%
Expenses	$605,617	$24,348	+23.9%
Net Income	$-401,302	$-5,490	+72.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAY PUZZITIELLO	CHAIR	1.00	Officer Director	$0	$0	$0
JOHN CARLSON	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JEREMY STEWART	TREASURER	1.00	Officer 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
2022	$204,315	$605,617	$444,650	$-401,302
2021	$18,858	$24,348	$846,657	$-5,490
2020	$49,569	$51,227	$908,926	$-1,658
2019	$104,973	$111,272	$895,970	$-6,299
2018	$160,323	$108,686	$870,875	$51,637

FLORIDA HOME BUILDERS FOUNDATION INC