Industrial Asset Management Council Inc (EIN 134204733) - 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

2002

Legal Domicile

Principal Officer

Tate Godfrey

Phone

7703253437

Tax Period

2024-01-01 to 2024-12-31

Industrial Asset Management Council Inc, founded in 2002, is a community nonprofit in the Community Improvement sector that reported $3.5M in total revenue in fiscal year 2024. Expenses of $3.3M left a modest 7% surplus.

Mission

Provide Industrial Asset Mgmt professionals with quality education and professional standards.

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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 $3,450,316

Investment Income $94,714

Other Revenue $0

TOTAL REVENUE $3,545,030

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,296,397

TOTAL EXPENSES $3,296,397

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,545,030	$3,338,802	+0.1%
Expenses	$3,296,397	$3,123,395	+0.1%
Net Income	$248,633	$215,407	+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

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
Cary Hutchings	Chair	2.00	Officer Director	$0	$0	$0
Matt M Boehlke	Vice Chair	2.00	Officer Director	$0	$0	$0
Jim P Horigan	Treasurer/Secretary	2.00	Officer Director	$0	$0	$0
Karen L Shchuka	Past Chair	1.00	Officer Director	$0	$0	$0
Marcus Rose	Director	1.00	Director	$0	$0	$0
Jonathan Majors	Director	1.00	Director	$0	$0	$0
Eric Nieukirk	Director	1.00	Director	$0	$0	$0
Robert Kontur	Director	1.00	Director	$0	$0	$0
Connie Fricke	Director	1.00	Director	$0	$0	$0
Dave Quinn	Director	1.00	Director	$0	$0	$0
Kristin Cahayla-Hoffman	Director	1.00	Director	$0	$0	$0
James Chavez	Director	1.00	Director	$0	$0	$0
Eric Zahniser	Director	1.00	Director	$0	$0	$0
Lindsay Friedman	Director	1.00	Director	$0	$0	$0
J Tate Godfrey	President and CEO	40.00	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	No data	No data	No data	No data
2024	$3,545,030	$3,296,397	$3,743,015	$248,633
2023	$3,338,802	$3,123,395	$3,234,393	$215,407
2022	$3,149,264	$3,186,293	$3,229,039	$-37,029
2021	$2,756,640	$2,776,460	$3,314,825	$-19,820
2020	$1,348,526	$1,685,600	$3,607,015	$-337,074
2019	$3,171,057	$3,283,469	$3,485,680	$-112,412

Industrial Asset Management Council Inc