SOCIETY OF GLASS AND CERAMIC DECORATED PRODUCTS (EIN 132596145) - Form 990 Financial Analysis & Trantor Score

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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

1964

Legal Domicile

Principal Officer

PAUL BOLDUC

Phone

7405880828

Tax Period

2024-07-01 to 2025-06-30

SOCIETY OF GLASS AND CERAMIC DECORATED PRODUCTS, founded in 1964, is a small nonprofit that reported $130K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $164K exceeded revenue, resulting in a 26% operating deficit.

Mission

TO BE A GLOBAL RESOURCE FOR THE GLASS AND CERAMIC DECORATIVE AND COATINGS INDUSTRY PROVIDING EDUCATION, TRAINING, AND OTHER SERVICES FOR THOSE IN THE INDUSTRY.

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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 $0

Program Service Revenue $128,407

Investment Income $1,777

Other Revenue $0

TOTAL REVENUE $130,184

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $152,997

Other Expenses $163,604

TOTAL EXPENSES $163,604

Year-over-Year Comparison

	2024	2023	Change
Revenue	$130,184	$163,220	-0.2%
Expenses	$163,604	$203,020	-0.2%
Net Income	$-33,420	$-39,800	-0.2%

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

N/A

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
PAUL BOLDUC	PRESIDENT	N/A	Officer Director	$0	$0	$0
WESLEY KING	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
NATHAN REUTZ	DIRECTOR	N/A	Director	$0	$0	$0
JAMES SHANER	DIRECTOR	N/A	Director	$0	$0	$0
CAM SIMMONS	TREASURER	N/A	Officer Director	$0	$0	$0
JONATHAN WEINER	SECRETARY	N/A	Director	$0	$0	$0
SEAN WEIR	DIRECTOR	N/A	Officer 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
2025	$130,184	$163,604	$130,982	$-33,420
2024	$163,220	$203,020	$164,402	$-39,800
2023	$155,660	$193,806	$204,202	$-38,146
2022	$150,045	$180,640	$242,348	$-30,595
2021	$121,947	$121,833	$282,323	$114
2020	$97,425	$121,039	$272,829	$-23,614
2019	$191,718	$169,994	$299,598	$21,724

SOCIETY OF GLASS AND CERAMIC DECORATED PRODUCTS