Tyler Area Builders Association

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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

1955

Legal Domicile

Principal Officer

Libby Simmons

Phone

9035613964

Tax Period

2023-01-01 to 2023-12-31

Tyler Area Builders Association, founded in 1955, is a small nonprofit that reported $688K in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $605K left a modest 12% surplus.

Mission

We promote the building industry through education, advocacy and partnerships for our members.

Program Service Accomplishments

Program 1

Expenses: $190,279 Revenue: $11,590

Member Services - TABA provides monitoring and advising service to over 800 members regarding recent regulations. Many events take place during the year for members, including membership celebration parties. Members have the opportunity to give back within their community by participating in service events such as Salvation Army bell ringing and a toy drive for Toys-for-Tots.

Program 2

Expenses: $51,913 Revenue: $219,438

Parade of Homes - The 2023 Parade of Homes featured 28 newly constructed homes in the Smith and Cherokee County Areas. Attendees had nine days to explore homes and products of some of Tyler's premier builders and subcontractors. A portion of the ticket sales was donated to Kingdom Life Academy, Hospice of East Texas Pediatric Hope Care & Children's Grief Support Service and North Tyler Academy.

Program 3

Expenses: $657 Revenue: $13,230

Directory/Newsletter - The newsletter is published once a month and emailed to each of TABA's members. A directory of members is published annually in print and daily online.

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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 (2023)

Revenue Breakdown

Contributions & Grants $41,447

Program Service Revenue $511,177

Investment Income $18,670

Other Revenue $116,600

TOTAL REVENUE $687,894

Expense Breakdown

Grants Paid $12,000

Salaries & Benefits $201,192

Fundraising Expenses $0

Program Expenses $243,246

Other Expenses $392,208

TOTAL EXPENSES $605,400

Year-over-Year Comparison

	2023	2022	Change
Revenue	$687,894	$573,952	+0.2%
Expenses	$605,400	$625,211	0.0%
Net Income	$82,494	$-51,259	-2.6%

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

Volunteers

100

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

$103,814

Total Directors