Home Builder Association of Owensbo Inc
Nonprofit profile at a glance
- EIN
- 311543675
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Owensboro, KY, USA
- Phone
- 2706880353
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $337,476
- Expenses
- $346,707
- Assets
- $217,578
- Liabilities
- $1,947
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- PAUL CAMP (PRESIDENT)
- MELISSA EDMONDS (PRESIDENT ELECT)
- ETHAN HAGAN (VICE PRESIDENT)
People named in this filing
- PAUL CAMP (PRESIDENT)
- MELISSA EDMONDS (PRESIDENT ELECT)
- ETHAN HAGAN (VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To educate, inform, and promote the members business interests.
What it reported doing in 2024
Conduct a promotional campaign aimed at allowing the organization's members the opportunity to showcase their newly constructed residential property to the community.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 83
- Accountability: 82
- Sustainability: 38
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.8%; rating input score 68
- Program expense ratio: 66%; rating input score 66
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -2.7%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 0.63; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 46; 46th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 5.4% per year; rating input score 100; 56th percentile among comparable filings
- Revenue growth: 0.4% per year; rating input score 100; 26th percentile among comparable filings
- Asset growth: -2.3% per year; rating input score 0; 17th percentile among comparable filings
Details
- Where the money goes: 67.8% of revenue deployed · 66% of spending went to programs
- Governance: 23 of 23 board members independent · 4 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $229K in reported program spending
- Leadership: top reported pay $0 · 22 people listed
- Consistency: 21 of 22 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- Moderate — Sustainability: Operating margin scored 33/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 46/100.