Home Builders Association of Owensboro I Inc
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Home Builders Association of Owensboro I Inc is a 501(c)(6) organization based in Owensboro, Kentucky, registered in 1997, with $337,476 in FY2024 revenue. CharityIndex grades it B.
3515 Wathens Xing, Owensboro, KY, 42301 EIN 31-1543675 Since 1997
Revenue (FY2024)
$337K
▲ 16.9% vs prior year
Expenses (FY2024)
$347K
Net assets
$216K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Home Builders Association of Owensboro I Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating7 mo reserves · -3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Home Builders Association of Owensboro I Inc: 7 mo reserves · -3% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Home Builders Association of Owensboro I Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Home Builders Association of Owensboro I Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $253K (FY2014) to $337K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1,947Net assets $216K
Operating margin
-2.7%
Spent more than it raised in the latest fiscal year.
Total assets
$218K
Total liabilities
$1,947
Net assets
$216K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $337,476▲16.9% | $346,707▲13.0% | $215,631▼2.0% | $217,578▼4.9% | 990 |
| 2023 | $288,785▲0.6% | $306,769▲3.7% | $220,047▼11.3% | $228,796▼9.1% | 990 |
| 2022 | $287,000▲17.5% | $295,700▲19.0% | $248,031▼6.4% | $251,699▼6.2% | 990 |
| 2021 | $244,200▼12.8% | $248,526▼11.6% | $264,968▼2.8% | $268,217▼1.7% | 990 |
| 2020 | $279,934▼15.0% | $280,995▼15.4% | $272,724▲1.1% | $272,954▼1.7% | 990 |
| 2019 | $329,353▲8.2% | $332,312▲9.0% | $269,732▼4.4% | $277,769▼1.8% | 990 |
| 2018 | $304,457▼4.9% | $304,779▼3.1% | $282,219▼6.8% | $282,924▼6.8% | 990 |
| 2017 | $320,004▼4.2% | $314,528▲2.7% | $302,833▲5.1% | $303,491▲2.0% | 990 |
| 2016 | $333,988▲7.8% | $306,361▲1.4% | $288,052▲10.8% | $297,668▲7.2% | 990 |
| 2015 | $309,882▲22.3% | $302,239▲31.5% | $260,047▲3.0% | $277,716▲6.3% | 990 |
| 2014 | $253,329 | $229,882 | $252,404 | $261,318 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Home Builders Association of Owensboro I Inc a legitimate nonprofit?
- Yes. Home Builders Association of Owensboro I Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 31-1543675, based in Owensboro, Kentucky.
- What is Home Builders Association of Owensboro I Inc's EIN?
- Home Builders Association of Owensboro I Inc's Employer Identification Number (EIN) is 31-1543675.
- How much revenue does Home Builders Association of Owensboro I Inc report?
- Home Builders Association of Owensboro I Inc reported $337,476 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Home Builders Association of Owensboro I Inc have?
- CharityIndex grades Home Builders Association of Owensboro I Inc B, based on financial health (reserves and operating margin).
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Data for Home Builders Association of Owensboro I Inc (EIN 31-1543675) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.