HEARTHSTONE BUILDER AWARD FOUNDATION (EIN 943380797) - 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

2001

Legal Domicile

Principal Officer

MARK A PORATH

Phone

8183850005

Tax Period

2024-03-01 to 2025-02-28

HEARTHSTONE BUILDER AWARD FOUNDATION, founded in 2001, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $408K in total revenue in fiscal year 2024. Expenses of $361K left a modest 12% surplus.

Mission

THE FOUNDATION RAISES FUNDS TO CONTRIBUTE TO OTHER ORGANIZATIONS WHICH HAVE ESTABLISHED THEIR TAX EXEMPT STATUS UNDER SECTION 501(c)(3) AND WHICH ASSIST THE UNFORTUNATE AND UNDERPRIVILEGED. THE FOUNDATION HOSTS AN ANNUAL AWARD DINNER AT WHICH SEVERAL INDIVIDUALS INVOLVED IN THE HOMEBUILDING INDUSTRY ARE HONORED. THE HONOREES SELECT ONE OR MORE 501(c)(3) ORGANIZATIONS TO RECEIVE CASH CONTRIBUTIONS TO FURTHER THEIR CHARITABLE ACTIVITIES.

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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 $402,000

Program Service Revenue $0

Investment Income $6,297

Other Revenue $0

TOTAL REVENUE $408,297

Expense Breakdown

Grants Paid $345,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $360,531

Other Expenses $15,531

TOTAL EXPENSES $360,531

Year-over-Year Comparison

	2024	2023	Change
Revenue	$408,297	$415,968	0.0%
Expenses	$360,531	$412,800	-0.1%
Net Income	$47,766	$3,168	+14.1%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK ANTON	DIRECTOR & CO-PRESIDENT	1.0	Officer Director	$0	$0	$0
STEVEN C PORATH	DIRECTOR & SECRETARY/CFO	1.0	Officer Director	$0	$0	$0
MARK A PORATH	DIRECTOR & CO-PRESIDENT	1.0	Officer 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
2025	$408,297	$360,531	$260,388	$47,766
2024	$415,968	$412,800	$212,622	$3,168
2023	$324,500	$311,942	$209,454	$12,558
2022	$234,003	$313,039	$196,895	$-79,036
2021	$156,500	$211,440	$275,931	$-54,940
2020	$169,500	$156,108	$330,871	$13,392
2019	$318,500	$275,045	$317,479	$43,455
2018	$118,000	$153,950	$303,024	$-35,950

HEARTHSTONE BUILDER AWARD FOUNDATION