HBA CHARITABLE AND EDUCATION FOUNDATION (EIN 912093465) - 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

1998

Legal Domicile

Principal Officer

GEORGE GOUDREAU

Phone

2164478700

Tax Period

2023-01-01 to 2023-12-31

HBA CHARITABLE AND EDUCATION FOUNDATION, founded in 1998, is a micro nonprofit in the Environment sector that reported $74K in total revenue in fiscal year 2023. Revenue fell 111% from the prior year — a significant decline worth monitoring.

Mission

THE HBA'S CHARITABLE & EDUCATION FOUNDATION WAS FOUNDED IN 2012 TO PROVIDE SCHOLARSHIPS FOR STUDENTS ENTERING THE CONSTRUCTION INDUSTRY AND TO GIVE BACK TO THE COMMUNITY THROUGH SPECIAL CHARITABLE DONATIONS.

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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 $0

Program Service Revenue $0

Investment Income $771

Other Revenue $-75,259

TOTAL REVENUE $-74,488

Expense Breakdown

Grants Paid $180,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $180,000

Other Expenses $0

TOTAL EXPENSES $180,000

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-74,488	$655,275	-1.1%
Expenses	$180,000	$151,080	+0.2%
Net Income	$-254,488	$504,195	-1.5%

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

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

Total Directors

$65,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE GOUDREAU	CHAIRMAN	2.00	Officer Director	$0	$0	$0
JOSH EDGELL	DIRECTOR	2.00	Director	$0	$0	$0
BILL MARTIN	DIRECTOR	2.00	Director	$0	$0	$0
ENZO PERFETTO	TREASURER	2.00	Officer Director	$0	$0	$0
R RUSSEL O'ROURKE	DIRECTOR	2.00	Director	$0	$0	$0
BRENDA CALLAGHAN	DIRECTOR	2.00	Director	$65,000	$0	$65,000
ROB MYERS	DIRECTOR	2.00	Director	$0	$0	$0
MIKE KANDRA	DIRECTOR	2.00	Director	$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	No data	No data	No data	No data
2023	$-74,488	$180,000	$946,415	$-254,488
2022	$655,275	$151,080	$1,200,903	$504,195
2021	$378,345	$174,386	$663,322	$203,959
2020	$444,837	No data	$459,363	No data

HBA CHARITABLE AND EDUCATION FOUNDATION