High Point Area Builders Assoc
Nonprofit profile at a glance
- EIN
- 561983926
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- High Point, NC, USA
- Phone
- 3368855687
- Rating
- 45
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Business and Industry
Reported finances
- Revenue
- $87,652
- Expenses
- $98,183
- Assets
- $64,386
- Liabilities
- $7,857
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- TOM BUCK (PRESIDENT)
People named in this filing
- TOM BUCK (PRESIDENT)
- JAMIE HARRELSON (SECRETARY)
- JAMES CRITZ (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to strengthen the local homebuilding industry by providing a forum of networking, education, activism and leadership while meeting the demands of the areas growing housing needs.
What it reported doing in 2024
Nonprofit corporation consisting of builders and contractors, as well as others in the building industry (such as architects, real estate and insurance agents, mortgage bankers, suppliers of building materials, landscapers, painters, etc.) who have joined together in an association that serves our member businesses, as well as the general public, through networking, education, activism, and leadership.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 11
- Transparency & Controls: 82
- Sustainability: 26
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 17.6%; rating input score 18
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -12%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 0.66; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 49.4%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: 24.8% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 1% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 0.8% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 17.6% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 12 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 18/100.
- High — Sustainability: Operating margin scored 29/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- High — Sustainability: Officer compensation ratio scored 3/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.