HAMASA BUILDING ASSOCIATION

EIN: 640360675 Community Improvement

MERIDIAN, MS

Total Revenue
$-3,838
Total Expenses
$19,060
Total Assets
$653,759
Net Assets
$16,525
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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
1925
Legal Domicile
MS
Principal Officer
KEM BANKS
Tax Period
2020-01-01 to 2020-12-31

HAMASA BUILDING ASSOCIATION, founded in 1925, is a micro nonprofit in the Community Improvement sector that reported $4K in total revenue in fiscal year 2020.

Mission

TITLE HOLDING FOR HAMASA SHRINERS. ALSO PROVIDES ENTERTAINMENT FOR MEMBERS AND THE COMMUNITY AT LARGE.

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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 (2020)

Revenue Breakdown

Contributions & Grants $13,363
Program Service Revenue $0
Investment Income $0
Other Revenue $-17,201
TOTAL REVENUE $-3,838

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $19,060
TOTAL EXPENSES $19,060

Year-over-Year Comparison

2020 2019 Change
Revenue $-3,838 N/A N/A
Expenses $19,060 N/A N/A
Net Income $-22,898 N/A N/A
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD WHITEHEAD RECORDER 0.00
Officer
$0 $0 $0
KEM BANKS POTENTATE 0.00
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
2020 $-3,838 $19,060 $653,759 $-22,898
2019 $18,234 $27,852 $655,299 $-9,618
2018 $27,983 $44,839 $651,547 $-16,856
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