ASSOCIATION OF IMAGE CONSULTANTS I… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Principal Officer

OLEN JUAREZ-LIM

Phone

8502628588

Tax Period

2024-07-01 to 2025-06-30

ASSOCIATION OF IMAGE CONSULTANTS INTERNATIONAL, founded in 1990, is a small nonprofit that reported $557K in total revenue in fiscal year 2024. Revenue surged 55% from the prior year, signaling strong growth momentum. The organization ran a surplus of $143K, a strong 26% operating margin.

Mission

THE ASSOCIATION IS DEDICATED TO ADVANCING THE LEVEL OF PROFESSIONALISM AND ENHANCING THE RECOGNITION OF IMAGE CONSULTANTS WORLDWIDE.

Program Service Accomplishments

Program 1

THERE ARE APPROXIMATELY 1,200 MEMBERS IN THE ASSOCIATION. MEMBERS ARE GIVEN THE OPPORTUNITY TO PARTICIPATE IN EDUCATIONAL PROGRAMS, MENTORING, OBTAIN CERTIFICATION, LEARN BEST PRACTICES AND NETWORK...

Program 2

THE ASSOCIATION HOSTED TELECLASSES IN MULTIPLE LANGUAGES THAT WERE FREE TO ALL MEMBERS. THE TELECLASSES HELP TO KEEP ATTENDEES SKILLS CURRENT, EXPLORE NEW TOPICS AND INTERACT WITH EXPERTS.

Program 3

THE ASSOCIATION OFFERS A CERTIFICATION PROGRAM. THE CERTIFICATION PROGRAM VALIDATES A MEMBERS CREDIBILITY WITHIN THE IMAGE INDUSTRY. THERE ARE 3 LEVELS OF CERTIFICATION OFFERED THROUGH THE...

THE ASSOCIATION OFFERS A CERTIFICATION PROGRAM. THE CERTIFICATION PROGRAM VALIDATES A MEMBERS CREDIBILITY WITHIN THE IMAGE INDUSTRY. THERE ARE 3 LEVELS OF CERTIFICATION OFFERED THROUGH THE ASSOCIATION. THE ASSOCIATION PROVIDED THE EDUCATION, TRAINING AND TESTING TO ACHIEVE THE CERTIFICATIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,842

Program Service Revenue $531,228

Investment Income $22,273

Other Revenue $0

TOTAL REVENUE $557,343

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $414,111

TOTAL EXPENSES $414,111

Year-over-Year Comparison

	2024	2023	Change
Revenue	$557,343	$359,466	+0.6%
Expenses	$414,111	$285,984	+0.4%
Net Income	$143,232	$73,482	+0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
OLEN JUAREZ-LIM	PRESIDENT-EL	5.00	Officer Director	$0	$0	$0
SHUBBA JOSHI	PRESIDENT EL	5.00	Officer Director	$0	$0	$0
SONIA D DEWAN	SECRETARY	5.00	Officer Director	$0	$0	$0
KELLY DUGGAN	TREASURER	5.00	Officer Director	$0	$0	$0
NUBIA GARCIA	ASST TREASUR	5.00	Officer Director	$0	$0	$0
RHONDA WIGGINS	EXECUTIVE DI	20.00	Officer	$0	$0	$0
RUI ZHANG	VP CERTIFICA	5.00	Director	$0	$0	$0
MARIA PINOLA	VP EDUCATION	5.00	Director	$0	$0	$0
ALHELI VALERIO	VP CHAPTERS-	5.00	Director	$0	$0	$0
VIOLA MENG	VP CHAPTERS-	5.00	Director	$0	$0	$0
MARTHA RISCO	VP MEMBERSHI	5.00	Director	$0	$0	$0
CRAIG NORDSTROM	VP BUSINESS	5.00	Director	$0	$0	$0
KRISTELA DEGAY	VP MARKETING	5.00	Director	$0	$0	$0
ROSARIO DIA	VP CONFERENC	5.00	Director	$0	$0	$0
JON DANCY	CEO	10.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$557,343	$414,111	$775,199	$143,232
2024	$359,466	$285,984	$623,464	$73,482
2023	$571,392	$489,011	$549,982	$82,381
2022	$322,917	$293,988	$467,601	$28,929
2021	$460,131	$449,862	$455,077	$10,269
2020	$387,406	$391,730	$525,486	$-4,324
2019	$701,033	$559,930	$551,580	$141,103
2018	$414,793	$375,876	$444,787	$38,917

ASSOCIATION OF IMAGE CONSULTANTS INTERNATIONAL