TEA COUNCIL OF THE USA INC (EIN 131684449) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1950

Legal Domicile

Principal Officer

PETER F GOGGI

Phone

2129866998

Tax Period

2024-01-01 to 2024-12-31

TEA COUNCIL OF THE USA INC, founded in 1950, is a small nonprofit that reported $155K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $140K left a modest 10% surplus.

Mission

THE TEA COUNCIL FUNCTIONS AS THE PUBLIC RELATIONS ARM FOR THE TEA INDUSTRY AND ITS PRIMARY PURPOSE IS TO ENCOURAGE GREATER TEA CONSUMPTION BY THE AMERICAN PUBLIC. THE PRIMARY FOCUS OF THE TEA COUNCIL OF THE USA IS THE FURTHERANCE OF TEA SCIENCE AND THE ESTABLISHMENT OF TEA AS A HEALTHY BEVERAGE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $154,570

Program Service Revenue $0

Investment Income $1

Other Revenue $0

TOTAL REVENUE $154,571

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $139,801

TOTAL EXPENSES $139,801

Year-over-Year Comparison

	2024	2023	Change
Revenue	$154,571	$121,601	+0.3%
Expenses	$139,801	$124,446	+0.1%
Net Income	$14,770	$-2,845	-6.2%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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
PETER F GOGGI	PRESIDENT	N/A	Officer	$0	$0	$0
ANDREW WERTHEIM	CHAIRMAN	N/A	Director	$0	$0	$0
DOMENICK CIACCIA	DIRECTOR	N/A	Director	$0	$0	$0
EUGENE AMICI	DIRECTOR	N/A	Director	$0	$0	$0
NANDINI DATTA	DIRECTOR	N/A	Director	$0	$0	$0
PAVITHRI PEIRIS	DIRECTOR	N/A	Director	$0	$0	$0
WILLIAM BOWRON JR	DIRECTOR	N/A	Director	$0	$0	$0
MATT SMITH	DIRECTOR	N/A	Director	$0	$0	$0
CHRIS COSTELLO	DIRECTOR	N/A	Director	$0	$0	$0
ARTHUR LOPEZ	DIRECTOR	N/A	Director	$0	$0	$0
ROBERT NG'ONG'A	DIRECTOR	N/A	Director	$0	$0	$0
PERIS MUDIDA	DIRECTOR	N/A	Director	$0	$0	$0
SAURAV PAHARI	DIRECTOR	N/A	Director	$0	$0	$0
KATE PALMER	DIRECTOR	N/A	Director	$0	$0	$0
RONA TISON	DIRECTOR	N/A	Director	$0	$0	$0
CHARITHA YATTAGODA	DIRECTOR	N/A	Director	$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
2024	$154,571	$139,801	$97,163	$14,770
2023	$121,601	$124,446	$80,503	$-2,845
2022	$299,545	$324,952	$90,746	$-25,407
2021	$158,861	$190,023	$135,979	$-31,162
2020	$176,798	$151,368	$114,269	$25,430
2019	$189,608	$159,753	$88,839	$29,855
2018	$178,146	$166,043	$88,646	$12,103

TEA COUNCIL OF THE USA INC