CONSUMER REPORTS INC

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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

1936

Legal Domicile

Principal Officer

PHIL RADFORD

Phone

9143782000

Tax Period

2024-06-01 to 2025-05-31

CONSUMER REPORTS INC, founded in 1936, is a major nonprofit in the Public & Societal Benefit sector that reported $267.2M in total revenue in fiscal year 2024. Expenses of $244.7M left a modest 8% surplus.

Mission

WE ARE AN INDEPENDENT, NONPROFIT MEMBER ORGANIZATION THAT WORKS SIDE BY SIDE WITH CONSUMERS FOR TRUTH, TRANSPARENCY, AND FAIRNESS IN THE MARKETPLACE.

Program Service Accomplishments

Program 1

Expenses: $197,517,446 Revenue: $208,122,826

CONSUMER INFORMATION, PRODUCT INFORMATION: SEE SCHEDULE O FORADDITIONAL INFORMATION.

Program 2

Expenses: $12,220,833

EDUCATION PROGRAMS, HEALTH INFORMATION AND SAFETY: SEESCHEDULE O FOR ADDITIONAL INFORMATION.

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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 $38,838,385

Program Service Revenue $208,122,826

Investment Income $19,975,624

Other Revenue $297,585

TOTAL REVENUE $267,234,420

Expense Breakdown

Grants Paid $11,500

Salaries & Benefits $110,486,674

Fundraising Expenses $10,637,717

Program Expenses $209,738,279

Other Expenses $134,017,129

TOTAL EXPENSES $244,657,192

Year-over-Year Comparison

	2024	2023	Change
Revenue	$267,234,420	$266,143,105	+0.0%
Expenses	$244,657,192	$264,423,194	-0.1%
Net Income	$22,577,228	$1,719,911	+12.1%

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

579

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

$1,487,302

Total Directors

Key Employees

$3,627,926

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SONAL SHAH	CHAIR	2.00	Director	$0	$0	$0
ELLEN TAUS	CHAIR (THRU 12/18/24)	2.00	Director	$0	$0	$0
RUSSELL G NOLES	VICE CHAIR (THRU 12/9/24)	2.00	Director	$0	$0	$0
JOAQUIN ALVARADO	DIRECTOR (THRU 12/31/24)	2.00	Director	$0	$0	$0
MILLIE CHU BAIRD	DIRECTOR	2.00	Director	$0	$0	$0
DEBORAH A COWAN	DIRECTOR (THRU 10/16/24)	2.00	Director	$0	$0	$0
STEPHEN P HOOVER	DIRECTOR	2.00	Director	$0	$0	$0
JOANNE HOVIS	DIRECTOR	2.00	Director	$0	$0	$0
JAMESON KELLEHER	DIRECTOR	2.00	Director	$0	$0	$0
KATHERINE MAHER	DIRECTOR	2.00	Director	$0	$0	$0
WILLIE E MAY	DIRECTOR (THRU 1/1/25)	2.00	Director	$0	$0	$0
IVAN ROSALES	DIRECTOR	2.00	Director	$0	$0	$0
CALVIN SIMS	DIRECTOR	2.00	Director	$0	$0	$0
TAREN STINEBRICKNER-KAUFFMAN	DIRECTOR	2.00	Director	$0	$0	$0
ASTRID VERMEER	DIRECTOR	2.00	Director	$0	$0	$0
DAVID WAN	DIRECTOR	2.00	Director	$0	$0	$0
MARTA L TELLADO	PRESIDENT & CEO (THRU 12/31/24)	45.00	Officer	$887,044	$37,432	$924,476
ERIC WAYNE	SVP, CFO	45.00	Officer	$483,340	$79,486	$562,826
PHIL RADFORD	PRESIDENT & CEO (AS OF 2/3/25)	45.00	Officer	$0	$0	$0
LAUREN STANICH	SVP, CHIEF GROWTH OFFICER	45.00	Key Emp	$495,044	$76,747	$571,791
MICHAEL HUBNER	VP, GENERAL COUNSEL	45.00	Key Emp	$489,852	$37,433	$527,285
JESSICA FREIREICH	SVP, CHIEF STRATEGY OFFICER	45.00	Key Emp	$416,578	$77,565	$494,143
ESTHER HAN	VP, CHIEF VENTURES OFFICER	45.00	Key Emp	$409,601	$64,535	$474,136
SHAREE MCKENZIE	VP, CHIEF SOCIAL IMPACT OFC. (THRU 8/16/24)	45.00	Key Emp	$406,884	$26,369	$433,253
YANA BULA	VP, CHIEF EXPERIENCE OFFICER	45.00	Key Emp	$385,459	$42,707	$428,166
GENEA BELL	VP, CHIEF PEOPLE OFFICER	45.00	Key Emp	$367,132	$48,114	$415,246
RIPA RASHID	CHIEF D&I OFC. (THRU 11/1/24)	45.00	Key Emp	$247,023	$36,883	$283,906
HEATH GRAYSON	CHIEF PRIVACY OFFICER & DEPUTY GENERAL COUNSEL	45.00	Highest	$357,480	$65,349	$422,829
LILIAN KAYIZZI	VP, TESTING, RESEARCH & INSIGHTS	45.00	Highest	$347,544	$36,850	$384,394
CORINNE OSBORN	SR DIR LABOR & EMPL RELS	45.00	Highest	$347,099	$68,349	$415,448
JENNIFER SHECTER	VP, CHIEF CONTENT OFFICER	45.00	Highest	$340,288	$73,665	$413,953
BENJAMIN MOSKOWITZ	VP, INNOVATION LAB	45.00	Highest	$336,550	$48,640	$385,190

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	$267,234,420	$244,657,192	$474,492,695	$22,577,228
2024	$266,143,105	$264,423,194	$473,542,307	$1,719,911
2023	$249,675,955	$253,939,574	$462,111,873	$-4,263,619
2022	$288,765,703	$250,470,441	$489,278,180	$38,295,262
2021	$275,552,561	$239,072,248	$503,278,353	$36,480,313
2020	$250,122,928	$234,962,047	$399,304,068	$15,160,881
2019	$254,546,580	$245,328,576	$387,779,531	$9,218,004
2018	$248,450,039	$253,014,126	$417,239,171	$-4,564,087