THE HOME BUILDERS ASSOCIATION OF BILLINGS MONTANA INC (EIN 810263547) - Form 990 Financial Analysis & Trantor Score

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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

1956

Legal Domicile

Principal Officer

KIMBERLY WELZENBACH

Phone

4062527533

Tax Period

2024-01-01 to 2024-12-31

THE HOME BUILDERS ASSOCIATION OF BILLINGS MONTANA INC, founded in 1956, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 294% from the prior year, signaling strong growth momentum.

Mission

THE HOME BUILDERS ASSOCIATION OF BILLINGS IS COMMITTED TO MAINTAINING THE HIGHEST LEVEL OF PROFESSIONALISM WITHIN THE BUILDING INDUSTRY THROUGH EDUCATION, NETWORKING, AND CIVIC INVOLVEMENT TO ACHIEVE A POSITIVE INVESTMENT FOR OUR MEMBERS AND OUR COMMUNITY.

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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 $33,698

Program Service Revenue $1,226,601

Investment Income $16,877

Other Revenue $165,164

TOTAL REVENUE $1,442,340

Expense Breakdown

Grants Paid $9,791

Salaries & Benefits $107,095

Fundraising Expenses $0

Other Expenses $1,320,954

TOTAL EXPENSES $1,437,840

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,442,340	$365,915	+2.9%
Expenses	$1,437,840	$466,189	+2.1%
Net Income	$4,500	$-100,274	-1.0%

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

150

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

$83,596

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CALVIN FRY	HBA BUILDER DIRECTOR	5.00	Director	$0	$0	$0
CHAD WAGENHALS	HBA PRESIDENT	5.00	Officer Director	$0	$0	$0
CODY KISLING	HBA ASSOCIATE DIRECTOR	5.00	Director	$0	$0	$0
CONNER BOKMA	HBA 2ND VICE PRESIDENT	5.00	Director	$0	$0	$0
DOUG WILD	HBA BUILDER DIRECTOR	5.00	Director	$0	$0	$0
JAKE NIENABER	HBA BUILDER DIRECTOR	5.00	Director	$0	$0	$0
JEFF SCHERR	HBA ASSOCIATE DIRECTOR	5.00	Director	$0	$0	$0
JENNIFER SAYLOR	HBA ASSOCIATE DIRECTOR	5.00	Director	$0	$0	$0
JOE BONINI	HBA BUILDER DIRECTOR	5.00	Director	$0	$0	$0
LEVI WANNER	HBA BUILDER DIRECTOR	5.00	Director	$0	$0	$0
LONA WARRENBURG	HBA ASSOCIATE DIRECTOR	5.00	Director	$0	$0	$0
RICH NAYLOR	HBA IMMEDIATE PAST PRESIDENT	5.00	Officer Director	$0	$0	$0
RYAN HENDERSON	HBA BUILDER DIRECTOR	5.00	Director	$0	$0	$0
SCOT BONENBERGER	HBA 1ST VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
SHAY PICARD	HBA ASSOCIATE DIRECTOR	5.00	Director	$0	$0	$0
WAYNE NELSON	HBA TREASURER	5.00	Officer Director	$0	$0	$0
KIMBERLY WELZENBACH	EXECUTIVE DIRECTOR	40.00	Officer	$82,713	$883	$83,596

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	$1,442,340	$1,437,840	$1,355,653	$4,500
2023	$365,915	$466,189	$1,496,936	$-100,274
2022	$909,589	$837,134	$1,531,504	$72,455
2021	$763,178	$653,301	$1,429,512	$109,877
2020	$808,446	$704,565	$1,421,795	$103,881
2019	$802,680	$769,952	$1,222,049	$32,728
2018	$1,119,734	$1,013,595	$1,195,724	$106,139

THE HOME BUILDERS ASSOCIATION OF BILLINGS MONTANA INC