TECHASSURE ASSOCIATION INC

EIN: 134102591

SUWANEE, GA

Total Revenue
$551,128
Total Expenses
$562,703
Total Assets
$211,837
Net Assets
$211,837
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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
2000
Legal Domicile
NC
Principal Officer
WEREN DE VLIEGHER
Phone
4043751917
Tax Period
2024-01-01 to 2024-12-31

TECHASSURE ASSOCIATION INC, founded in 2000, is a small nonprofit that reported $551K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

TO EDUCATE INSURANCE INDUSTRY PROFESSIONALS AND THE GENERAL PUBLIC ABOUT RISK MANAGEMENT

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $550,747
Investment Income $20
Other Revenue $361
TOTAL REVENUE $551,128

Expense Breakdown

Grants Paid $0
Salaries & Benefits $287,821
Fundraising Expenses $0
Other Expenses $274,882
TOTAL EXPENSES $562,703

Year-over-Year Comparison

2024 2023 Change
Revenue $551,128 $583,741 -0.1%
Expenses $562,703 $563,330 0.0%
Net Income $-11,575 $20,411 -1.6%
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

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Governance

Voting Members
30
Independent Members
30
Employees
3
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
7
$147,978
Total Directors
31
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN SCHERMERHORN BOARD MEMBER 0.50
Director
$0 $0 $0
FREDERIC NOUAILLE BOARD MEMBER 0.50
Director
$0 $0 $0
KONRAD AERIN BOARD MEMBER 0.50
Director
$0 $0 $0
KEVIN MCLEAN SECRETARY 1.00
Officer Director
$0 $0 $0
JOHN MOCCIA BOARD MEMBER 0.50
Director
$0 $0 $0
BILL LEWIS BOARD MEMBER 0.50
Director
$0 $0 $0
TANJA MERKEL BOARD MEMBER 0.50
Director
$0 $0 $0
KEVIN PURVIS CHAIRPERSON 1.00
Officer Director
$0 $0 $0
MIKE MOLLOY BOARD MEMBER 0.50
Director
$0 $0 $0
ANDREA DI GIACOMO BOARD MEMBER 0.50
Director
$0 $0 $0
REGAN GUTH BOARD MEMBER 0.50
Director
$0 $0 $0
FABRICE DE WAAL EXECUTIVE COMMITTEE 0.50
Director
$0 $0 $0
STEVE APPEL CHAIRPERSON EMERITUS 1.00
Officer Director
$0 $0 $0
ZITA ERDIS BOARD MEMBER 0.50
Director
$0 $0 $0
MONICA MINKEL BOARD MEMBER 0.50
Director
$0 $0 $0
JEAN LUC VERBAET BOARD MEMBER 0.50
Director
$0 $0 $0
PAUL DICKSON CHAIRPERSON 0.50
Director
$0 $0 $0
GAUTAM BODA BOARD MEMBER 0.50
Director
$0 $0 $0
DOUG FRIEL BOARD MEMBER 0.50
Director
$0 $0 $0
MARC JORI BOARD MEMBER 0.50
Director
$0 $0 $0
DAN GIAMPIETRO BOARD MEMBER 0.50
Director
$0 $0 $0
LUIS HERRERA BOARD MEMBER 0.50
Director
$0 $0 $0
DOUG JONES MEMBERSHIP COMM CHAIR 1.00
Officer Director
$0 $0 $0
NEIL MOLONEY BOARD MEMBER 0.50
Director
$0 $0 $0
MARCELO RODRIGUEZ BOARD MEMBER 0.50
Director
$0 $0 $0
JIM ROBERTS JR BOARD MEMBER 0.50
Director
$0 $0 $0
DAVID BLACK BOARD MEMBER 0.50
Director
$0 $0 $0
MARIN HRKAC BOARD MEMBER 0.50
Director
$0 $0 $0
ZVIADI VARDOSANIDZE BOARD MEMBER 0.50
Director
$0 $0 $0
GARRETT DROEGE BOARD MEMBER 0.50
Director
$0 $0 $0
EMILY SHORT TREASURER 1.00
Officer Director
$0 $0 $0
CHRISTINE KALLIVOKAS EXECUTIVE DIRECTOR (TERM 40.00
Officer
$0 $0 $0
WEREN DE VLIEGHER EXECUTIVE DIRECTOR (TERM 40.00
Officer
$131,668 $16,310 $147,978
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 $551,128 $562,703 $211,837 $-11,575
2023 $583,741 $563,330 $223,412 $20,411
2022 $524,335 $616,604 $203,001 $-92,269
2021 $458,574 $336,622 $295,270 $121,952
2020 $477,104 $457,035 $173,318 $20,069
2019 $468,938 $501,372 $153,249 $-32,434
2018 $419,580 $414,373 $185,683 $5,207
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