HOME BUILDERS ASSOCIATION OF GREATER LITTLE ROCK (EIN 710249729) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1966

Legal Domicile

Principal Officer

MEREDITH TOWNSEND

Phone

5017583646

Tax Period

2024-01-01 to 2024-06-30

HOME BUILDERS ASSOCIATION OF GREATER LITTLE ROCK, founded in 1966, is a small nonprofit in the Community Improvement sector that reported $315K in total revenue in fiscal year 2018. Expenses of $301K left a modest 5% surplus.

Mission

PROVIDE SUPPORT FOR MEMBERS THROUGH EDUCATION AND TO SERVE AS AN ADVOCATE FOR INDUSTRY PROFESSIONALISM.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $18,719

Program Service Revenue $62,110

Investment Income $1,843

Other Revenue $1,957

TOTAL REVENUE $84,629

Expense Breakdown

Grants Paid $0

Salaries & Benefits $41,517

Fundraising Expenses $0

Program Expenses $29,179

Other Expenses $69,387

TOTAL EXPENSES $110,904

Year-over-Year Comparison

	2024	2023	Change
Revenue	$84,629	$218,743	-0.6%
Expenses	$110,904	$276,308	-0.6%
Net Income	$-26,275	$-57,565	-0.5%

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
MEREDITH TOWNSEND	EXECUTIVE DIRECTOR	40.00	Director	$0	$0	$0
KERI BOSLEY	DIRECTOR	1.00	Director	$0	$0	$0
MIKE BREWER	DIRECTOR	1.00	Director	$0	$0	$0
DARYL BROCK	DIRECTOR	1.00	Director	$0	$0	$0
AARON CROWE	DIRECTOR	1.00	Director	$0	$0	$0
STEWART DEERE	DIRECTOR	1.00	Director	$0	$0	$0
DAVIS FITZHUGH	DIRECTOR	1.00	Director	$0	$0	$0
JEFF FOX	DIRECTOR	1.00	Director	$0	$0	$0
NICK HALL	DIRECTOR	1.00	Director	$0	$0	$0
BRANDON HINES	DIRECTOR	1.00	Director	$0	$0	$0
LORI HOLLOWAY	DIRECTOR	1.00	Director	$0	$0	$0
MIKE JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD KAPP	DIRECTOR	1.00	Director	$0	$0	$0
JOSH NEAL	DIRECTOR	1.00	Director	$0	$0	$0
TAYLOR PENNINGTON	DIRECTOR	1.00	Director	$0	$0	$0
RUSTY RAY	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE SANDERS	DIRECTOR	1.00	Director	$0	$0	$0
RICK SAWYER	DIRECTOR	1.00	Director	$0	$0	$0
NATE SMITH	DIRECTOR	1.00	Director	$0	$0	$0
NOAH TREAT	DIRECTOR	1.00	Director	$0	$0	$0
ADAM WELLS	DIRECTOR	1.00	Director	$0	$0	$0
TYLER CHOATE	CHAIRMAN	1.00	Officer	$0	$0	$0
CLARK MCCARLEY	FIRST VICE CHAIR	1.00	Officer	$0	$0	$0
ERIC KITCHENS	SECOND VICE CHAIR	1.00	Officer	$0	$0	$0
JOHN TURNER	PAST CHAIRMAN	1.00	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
2025	No data	No data	No data	No data
2024	$84,629	$110,904	$441,713	$-26,275
2023	$226,650	$213,843	$459,566	$12,807
2022	$218,743	$276,308	$414,702	$-57,565
2021	$347,469	$303,372	$551,322	$44,097
2020	$384,696	$408,287	$526,896	$-23,591
2019	$412,882	$278,773	$435,327	$134,109
2018	$315,460	$300,735	$353,161	$14,725

HOME BUILDERS ASSOCIATION OF GREATER LITTLE ROCK