Education
(B30)
990 on File
NORTH ALABAMA HOMEBUILDING ACADEMY INC
Financial strength (30%)
93/100
Reliability (20%)
45/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$568K
Total Revenue
$509K
Total Expenses
$395K
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
75.7%
Fundraising Efficiency
N/A
Operating Reserve
9.32x
Liability-to-Asset
19.8%
Revenue Diversification
96.3%
Executive Compensation
$83K
Compared with Peers
FY 2024
Compared with 15,968 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
75.7% | 89.3% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
23.5% | 8.2% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.8% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
9.3 mo | 9.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
19.8% | 0.3% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
96.3% | 89.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
22.7% | 8.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
10.1% | 9.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
10.5% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $568K | $509K | $395K | 75.7% | 3 |
| 2023 | $463K | $462K | $336K | 77.6% | 4 |
| 2022 | $366K | $372K | $334K | 71.5% | 4 |
| 2021 | $1.1M | $329K | N/A | — | 0 |
| 2020 | $234K | $282K | N/A | — | 0 |
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