Civic Intelligence

Home Builders Association Of

EIN 54-1491547 • 501(c)3 • Richmond, VA

Profile

The primary objective of the hbav education foundation shall be to advance building industry education opportunities and labor force in virginia. The organization will work with local hba's, school systems in virginia, community colleges, universities, and other similar institutions of learning by providing grant funding that would work towards the foundation's objectives. The hbav education foundation may hold educational seminars that align with the primary objective.

1051 East Cary Street Suite 1400Richmond, VA 23219

www.hbav.com/EDUCATION

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.02x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.11x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

90th percentile

52%

Higher net margin than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

77th percentile

22%

Faster asset growth than 77% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

84th percentile

48%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$477,150

Up $87,289 (+22%) from 2023

Liabilities

Up

$10,000

Up $10,000 from 2023

Net Assets

Up

$467,150

Up $77,289 (+20%) from 2023

Revenue

Up

$92,426

Up $30,120 (+48%) from 2023

Expenses

Up

$43,948

Up $18,671 (+74%) from 2023

Net Income

Up

$48,478

Up $11,449 (+31%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2012: $178,037Liabilities 2012: $0Net Assets 2012: $178,0372012Assets 2013: $188,782Liabilities 2013: $0Net Assets 2013: $188,7822013Assets 2014: $207,019Liabilities 2014: $0Net Assets 2014: $207,0192014Assets 2015: $207,988Liabilities 2015: $0Net Assets 2015: $207,9882015Assets 2016: $203,749Liabilities 2016: $0Net Assets 2016: $203,7492016Assets 2017: $227,794Liabilities 2017: $0Net Assets 2017: $227,7942017Assets 2018: $253,137Liabilities 2018: $0Net Assets 2018: $253,1372018Assets 2019: $264,439Liabilities 2019: $0Net Assets 2019: $264,4392019Assets 2020: $325,679Liabilities 2020: $0Net Assets 2020: $325,6792020Assets 2021: $416,082Liabilities 2021: $0Net Assets 2021: $416,0822021Assets 2022: $329,179Liabilities 2022: $0Net Assets 2022: $329,1792022Assets 2023: $389,861Liabilities 2023: $0Net Assets 2023: $389,8612023Assets 2024: $477,150Liabilities 2024: $10,000Net Assets 2024: $467,1502024

Highlighted filing

2024

Assets$477,150
Liabilities$10,000
Net Assets$467,150

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KExpenses 2012: $9,7292012Revenue 2013: $5,152Expenses 2013: $4,968Net Income 2013: $1842013Revenue 2014: $17,095Expenses 2014: $8,994Net Income 2014: $8,1012014Revenue 2015: $18,719Expenses 2015: $71Net Income 2015: $18,6482015Revenue 2016: $8,897Expenses 2016: $1,871Net Income 2016: $7,0262016Revenue 2017: $7,263Expenses 2017: $573Net Income 2017: $6,6902017Revenue 2018: $38,170Expenses 2018: $1,104Net Income 2018: $37,0662018Revenue 2019: $16,583Expenses 2019: $9,278Net Income 2019: $7,3052019Revenue 2020: $54,133Expenses 2020: $7,133Net Income 2020: $47,0002020Revenue 2021: $20,133Expenses 2021: $30,743Net Income 2021: -$10,6102021Revenue 2022: $5,198Expenses 2022: $15,761Net Income 2022: -$10,5632022Revenue 2023: $62,306Expenses 2023: $25,277Net Income 2023: $37,0292023Revenue 2024: $92,426Expenses 2024: $43,948Net Income 2024: $48,4782024

Highlighted filing

2024

Revenue$92,426
Expenses$43,948
Net Income$48,478

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.77$0.10$4.67$0.92$0.44$0.48
2023Detailed filing. Detailed filing data is available for this year.$3.90$0.00$3.90$0.62$0.25$0.37
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.29$0.00$3.29$0.05$0.16$0.11
2021Detailed filing. Detailed filing data is available for this year.$4.16$0.00$4.16$0.20$0.31$0.11
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.26$0.00$3.26$0.54$0.07$0.47
2019Detailed filing. Detailed filing data is available for this year.$2.64$0.00$2.64$0.17$0.09$0.07
2018Detailed filing. Detailed filing data is available for this year.$2.53$0.00$2.53$0.38$0.01$0.37
2017Detailed filing. Detailed filing data is available for this year.$2.28$0.00$2.28$0.07$0.01$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.04$0.00$2.04$0.09$0.02$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$0.19$0.00$0.19
2014Detailed filing. Detailed filing data is available for this year.$2.07$0.00$2.07$0.17$0.09$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.89$0.00$1.89$0.05$0.05$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.00$1.78$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.0
Gross Receipts
$168,185
Mission and Program Overview

Mission

Awarding scholarships to individuals, who are either entering or attending colleges, universities, technical schools, community and similar institutions of learning. The applicant has to be majoring in courses related to the building industry.

The primary objective of the hbav education foundation shall be to advance building industry education opportunities and labor force in virginia. The organization will work with local hba's, school systems in virginia, community colleges, universities, and other similar institutions of learning by providing grant funding that would work towards the foundation's objectives. The hbav education foundation may hold educational seminars that align with the primary objective.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION WORKED WITH LOCAL HBA'S, SCHOOL SYSTEMS IN VIRGINIA,COMMUNITY COLLEGES, UNIVERSITIES, AND OTHER SIMILAR INSTITUTIONS OF LEARNING BY PROVIDING GRANT FUNDING THAT WORKS TOWARDS THE FOUNDATION'S OBJECTIVES.$26,540$26,540
AWARDING SCHOLARSHIPS TO INDIVIDUALS, WHO ARE EITHER ENTERING OR ATTENDING COLLEGES, UNIVERSITIES, TECHNICAL SCHOOLS, COMMUNITY AND SIMILAR INSTITUTIONS OF LEARNING. THE APPLICANT HAS TO BE MAJORING IN COURSES RELATED TO THE BUILDING INDUSTRY.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CRAIG TOALSONSecretary/Tr-$0--
SCOTT HINEChair-$0--
JUSTIN BOYLEVice-Chair-$0--
ALICIA SMITHTrustee-$0--
HANS KLINGERTrustee-$0--
MIKE SANDKUHLERTrustee-$0--
BRADLEY BRYANTTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Home Builders Association of
EIN
54-1491547
Phone
8046432797
Address
1051 EAST CARY STREET SUITE 1400, RICHMOND, VA 23219

Signing Officer

Name
Craig Toalson
Title
Secretary/treasurer
Phone
8046432797
Signed
2025-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Meadows Urquhart Acree & Cook Llp
Address
1802 BAYBERRY CT 102, RICHMOND, VA 23226-3773
Preparer
Shannon W Cook CPA
Phone
8042495786
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Name: build smart institute address: 701 gainsboro rd nw roanoke, va 24016 cash contribution: 10,760 name: new river valley hba address: 2200 kraft drive suite 1050 blacksburg, va 24060 cash contribution: 6,000

Form 990-ez, Part I, Line 16

Expenses taxes and licenses 25 merchant account fees 1,483 consulting 1,300 total 2,808

Form 990-ez, Part I, Line 20

Unrealized gain/(loss) 28,812

Form 990-ez, Part II, Line 24

Due from hbav 2,000 0 total 2,000 0

Form 990-ez, Part II, Line 26

DUE TO HBAV 0 10,000

Form 990-ez, Part III

The primary objective of the hbav education foundation shall be to advance building industry education opportunities and labor force in virginia. The organization will work with local hba's, school systems in virginia, community colleges, universities, and other similar institutions of learning by providing grant funding that would work towards the foundation's objectives. The hbav education foundation may hold educational seminars that align with the primary objective.

Form 990-ez, Part III, Line 28

The organization worked with local hba's, school systems in virginia,community colleges, universities, and other similar institutions of learning by providing grant funding that works towards the foundation's objectives.

Form 990-ez, Part III, Line 29

Awarding scholarships to individuals, who are either entering or attending colleges, universities, technical schools, community and similar institutions of learning. The applicant has to be majoring in courses related to the building industry.

Raw XML Appendix181 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0THE PRIMARY OBJECTIVE OF THE HBAV EDUCATION FOUNDATION SHALL BE TO ADVANCE BUILDING INDUSTRY EDUCATION OPPORTUNITIES AND LABOR FORCE IN VIRGINIA. THE ORGANIZATION WILL WORK WITH LOCAL HBA'S, SCHOOL SYSTEMS IN VIRGINIA, COMMUNITY COLLEGES, UNIVERSITIES, AND OTHER SIMILAR INSTITUTIONS OF LEARNING BY PROVIDING GRANT FUNDING THAT WOULD WORK TOWARDS THE FOUNDATION'S OBJECTIVES. THE HBAV EDUCATION FOUNDATION MAY HOLD EDUCATIONAL SEMINARS THAT ALIGN WITH THE PRIMARY OBJECTIVE.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE BOARD OF TRUSTEES MEET QUARTERLY TO REVIEW THE USE OF SUPPORT BETWEEN ORGANIZATIONS AND ENSURE IT IS ONLY USED FOR 170 (C) (2) PURPOSES
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: BUILD SMART INSTITUTE ADDRESS: 701 GAINSBORO RD NW ROANOKE, VA 24016 CASH CONTRIBUTION: 10,760 NAME: NEW RIVER VALLEY HBA ADDRESS: 2200 KRAFT DRIVE SUITE 1050 BLACKSBURG, VA 24060 CASH CONTRIBUTION: 6,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES TAXES AND LICENSES 25 MERCHANT ACCOUNT FEES 1,483 CONSULTING 1,300 TOTAL 2,808
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNREALIZED GAIN/(LOSS) 28,812
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DUE FROM HBAV 2,000 0 TOTAL 2,000 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DUE TO HBAV 0 10,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PRIMARY OBJECTIVE OF THE HBAV EDUCATION FOUNDATION SHALL BE TO ADVANCE BUILDING INDUSTRY EDUCATION OPPORTUNITIES AND LABOR FORCE IN VIRGINIA. THE ORGANIZATION WILL WORK WITH LOCAL HBA'S, SCHOOL SYSTEMS IN VIRGINIA, COMMUNITY COLLEGES, UNIVERSITIES, AND OTHER SIMILAR INSTITUTIONS OF LEARNING BY PROVIDING GRANT FUNDING THAT WOULD WORK TOWARDS THE FOUNDATION'S OBJECTIVES. THE HBAV EDUCATION FOUNDATION MAY HOLD EDUCATIONAL SEMINARS THAT ALIGN WITH THE PRIMARY OBJECTIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION WORKED WITH LOCAL HBA'S, SCHOOL SYSTEMS IN VIRGINIA,COMMUNITY COLLEGES, UNIVERSITIES, AND OTHER SIMILAR INSTITUTIONS OF LEARNING BY PROVIDING GRANT FUNDING THAT WORKS TOWARDS THE FOUNDATION'S OBJECTIVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AWARDING SCHOLARSHIPS TO INDIVIDUALS, WHO ARE EITHER ENTERING OR ATTENDING COLLEGES, UNIVERSITIES, TECHNICAL SCHOOLS, COMMUNITY AND SIMILAR INSTITUTIONS OF LEARNING. THE APPLICANT HAS TO BE MAJORING IN COURSES RELATED TO THE BUILDING INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART III, LINE 29
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
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ReturnHeader/Filer/PhoneNum08046432797
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ReturnHeader/PreparerPersonGrp/PhoneNum08042495786
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHANNON W COOK CPA
ReturnHeader/ReturnTs02025-06-16T15:45:36-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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