CEMENT LEAGUE ADVANCEMENT AND PROMOTION FUND (EIN 133096060) - 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

1981

Legal Domicile

Principal Officer

MICHAEL SALGO

Phone

2125750950

Tax Period

2023-07-01 to 2024-06-30

CEMENT LEAGUE ADVANCEMENT AND PROMOTION FUND, founded in 1981, is a small nonprofit that reported $781K in total revenue in fiscal year 2023. Expenses of $1.2M exceeded revenue, resulting in a 56% operating deficit.

Mission

PROMOTING THE USE AND ADVANCEMENT OF THE CONCRETE 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $493,464

Investment Income $287,533

Other Revenue $0

TOTAL REVENUE $780,997

Expense Breakdown

Grants Paid $0

Salaries & Benefits $857,909

Fundraising Expenses $0

Program Expenses $582,626

Other Expenses $363,402

TOTAL EXPENSES $1,221,311

Year-over-Year Comparison

	2023	2022	Change
Revenue	$780,997	$806,769	0.0%
Expenses	$1,221,311	$1,168,590	+0.0%
Net Income	$-440,314	$-361,821	+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

Employees

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

$731,116

Total Directors

$731,116

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL SALGO	DIRECTOR	34.00	Officer Director	$501,500	$0	$501,500
KEVIN O'BRIEN	DIRECTOR	34.00	Officer Director	$229,616	$0	$229,616
JOSEPH MITRIONE	TRUSTEE ( REFER TO SCHEDUL	4.00	Director	$0	$0	$0
THOMAS COSTIGAN	TRUSTEE	4.00	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	No data	No data	No data	No data
2024	$780,997	$1,221,311	$13,164,247	$-440,314
2023	$806,769	$1,168,590	$11,889,455	$-361,821
2022	$2,775,844	$1,121,458	$11,326,548	$1,654,386
2021	$1,631,507	$1,101,452	$13,073,931	$530,055
2020	$1,138,336	$1,123,194	$11,656,526	$15,142
2019	$1,986,598	$1,133,031	$11,164,710	$853,567

CEMENT LEAGUE ADVANCEMENT AND PROMOTION FUND