North Texas Home Builders Association
Nonprofit profile at a glance
- EIN
- 751180998
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Wichita Falls, TX, USA
- Phone
- 9406922211
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $455,233
- Expenses
- $441,359
- Assets
- $167,889
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- TANNER WACHSMAN (IMMEDIATE PAST PRESIDENT)
- JUSTIN HOLCOMB (PRESIDENT)
- CHAD HUGHES (VICE PRESIDENT)
- CINDY DAVID (ASSOCIATE VICE PRESIDENT)
- TERI GIBSON (EXECUTIVE VICE PRESIDENT)
Highest reported compensation
- TERI GIBSON (EXECUTIVE VICE PRESIDENT): $53,700 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To encourage the use and development of new materials, new building techniques, new building equipment, and improved methods of home financing, to the end that every home purchaser may get the greatest value for every dollar invested.
What it reported doing in 2024
Provide a central forum regarding trends and techniques in the home construction industry and serve to promote the industry to the home buying market.
Operating model
- Revenue model
- Earned-program. 78% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 96% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing does not identify recipients for some grant dollars and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 65
- Transparency & Controls: 75
- Accountability: 84
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.1%; rating input score 70
- Program expense ratio: 72.9%; rating input score 73
- Fundraising efficiency: $4.24 raised per $1 spent on fundraising; rating input score 19; 19th percentile among comparable filings
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: 54.9%; rating input score 55; 43rd percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 3%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 0.38; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 12.2%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: 9.5% per year; rating input score 100; 68th percentile among comparable filings
- Revenue growth: 10.9% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 8.3% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: 70.1% of revenue deployed · 72.9% of spending went to programs
- Governance: 15 of 15 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $322K in reported program spending
- Leadership: top reported pay $54K · 16 people listed
- Consistency: 25 of 26 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes grants
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Review — Transparency & Controls: Grant itemization coverage scored 55/100.
- High — Financial Efficiency: Fundraising efficiency scored 19/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 46/100.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 27/100.