Northeast Florida Builders Association Inc
Nonprofit profile at a glance
- EIN
- 596135518
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Jacksonville, FL, USA
- Phone
- 9047254355
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $3,011,967
- Expenses
- $2,523,177
- Assets
- $5,479,665
- Liabilities
- $1,110,017
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
58 people listed
Executive titles in this filing
- Jessie Spradley (Executive Director)
- Tim Conlan (Training Vice President)
- Chris Wood (Immediate Past President)
- Christina Welch (2nd Vice President)
- Ian MacDonald (3rd Vice President)
- AJ Beson (2nd Vice President)
Highest reported compensation
- Jessie Spradley (Executive Director): $133,500 total reported compensation
- Christina Thomas (Executive Dir-Apprentice): $107,370 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Northeast Florida Builders Association is a not-for-profit trade organization representing members of the community who earn their livelihoods from the housing and construction industry. It provides members education, training, networking, financial benefits, and representation in government and community affairs.
What it reported doing in 2024
Meetings and banquets, training seminars, continuing education programs for licensing purposes, recognition programs for outstanding member participation.
Operating model
- Revenue model
- Earned-program. 63% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 98% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 92
- Accountability: 72
- Sustainability: 62
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.6%; rating input score 82
- Program expense ratio: 86.2%; rating input score 86
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 97.8%; rating input score 98; 34th 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: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 16.2%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 2.17; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0.2; rating input score 44; 44th percentile among comparable filings
- Officer compensation ratio: 9.5%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: 7.2% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 5.9% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: 7.4% per year; rating input score 100; 47th percentile among comparable filings
Details
- Where the money goes: 81.6% of revenue deployed · 86.2% of spending went to programs
- Governance: 56 of 56 board members independent · 3 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $134K · 58 people listed
- Consistency: 32 of 32 current checks pass
- Schedules: 5 filed schedules · includes grants
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 6 filed related-organization links
- 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.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 44/100.