BUILDING INDUSTRY ASSOCIATION OF OKALOOSA-WALTON FOUNDATION INC (EIN 874506214) - 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

2023

Legal Domicile

Principal Officer

TERRY HYMEL

Phone

8508635107

Tax Period

2024-01-01 to 2024-12-31

BUILDING INDUSTRY ASSOCIATION OF OKALOOSA-WALTON FOUNDATION INC, founded in 2023, is a micro nonprofit in the Education sector that reported $18 in total revenue in fiscal year 2024. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $61K exceeded revenue, resulting in a 340050% operating deficit.

Mission

OUR MISSION IS TO EMPOWER ASPIRING STUDENTS WITH THE KNOWLEDGE, SKILLS, AND OPPORTUNITIES ESSENTIAL FOR SUCCESS IN THE BUILDING INDUSTRY. THROUGH EDUCATIONAL INITIATIVES, MENTORSHIP PROGRAMS, AND INDUSTRY PARTNERSHIPS, WE HELP TO CULTIVATE FUTURE LEADERS WHO DRIVE INNOVATION, SUSTAINABILITY, AND INCLUSIVITY IN THE BUILT ENVIRONMENT.

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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 $0

Program Service Revenue $0

Investment Income $18

Other Revenue $0

TOTAL REVENUE $18

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $61,227

TOTAL EXPENSES $61,227

Year-over-Year Comparison

	2024	2023	Change
Revenue	$18	$120,149	-1.0%
Expenses	$61,227	$94,459	-0.4%
Net Income	$-61,209	$25,690	-3.4%

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
CARMELA BELL	BOARD MEMBER	N/A	Officer	$0	$0	$0
RICK GOFF	BOARD MEMBER	N/A	Officer	$0	$0	$0
TERRY HYMEL	BOARD MEMBER	N/A	Officer	$0	$0	$0
JEREMY STEWART	BOARD MEMBER	N/A	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
2024	$18	$61,227	$10,695	$-61,209
2023	$120,149	$94,459	$25,690	$25,690

BUILDING INDUSTRY ASSOCIATION OF OKALOOSA-WALTON FOUNDATION INC