NATIONAL FOREIGN TRADE COUNCIL INC

EIN: 135266965

WASHINGTON, DC

Total Revenue
$4,148,745
Total Expenses
$4,236,422
Total Assets
$4,037,427
Net Assets
$4,011,672
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1937
Legal Domicile
DC
Principal Officer
JAKE COLVIN
Phone
2028870278
Tax Period
2024-05-01 to 2025-04-30

NATIONAL FOREIGN TRADE COUNCIL INC, founded in 1937, is a community nonprofit that reported $4.1M in total revenue in fiscal year 2024.

Mission

FOUNDED IN 1914, THE NATIONAL FOREIGN TRADE COUNCIL (COUNCIL) IS THE PRE- EMINENT BUSINESS ASSOCIATION DEDICATED SOLELY TO INTERNATIONAL TRADE, INVESTMENT AND ECONOMIC POLICY ISSUES. ITS MISSION IS TO ADVANCE GLOBAL COMMERCE BY ADVOCATING PUBLIC POLICIES THAT FOSTER AN OPEN INTERNATIONAL TRADE AND INVESTMENT REGIME; MOBILIZING EXPERTISE AND INFORMATION ON KEY ISSUES, SUCH AS INTERNATIONAL TRADE AND INVESTMENT, THE WORLD TRADING SYSTEM, TARIFFS AND TRADE AGREEMENTS, INTERNATIONAL TAXATION, SUPPLY CHAINS, AND NATIONAL SECURITY AND COMPETITIVENESS; AND INFLUENCING PUBLIC DEBATE THROUGH INTERACTION WITH POLICY MAKERS AND OPINION LEADERS AND BY CONVENING GOVERNMENT AND PRIVATE SECTOR DISCUSSIONS OF IMPORTANT ISSUES. TO ACHIEVE ITS OBJECTIVES, THE COUNCIL HARNESSES THE EXPERTISE OF ITS DEDICATED PROFESSIONAL STAFF, A ROBUST COMMITTEE STRUCTURE, AND AN ENGAGED BOARD OF DIRECTORS.

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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 $3,833,999
Investment Income $61,383
Other Revenue $253,363
TOTAL REVENUE $4,148,745

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,638,571
Fundraising Expenses $0
Other Expenses $1,597,851
TOTAL EXPENSES $4,236,422

Year-over-Year Comparison

2024 2023 Change
Revenue $4,148,745 $4,099,516 +0.0%
Expenses $4,236,422 $3,896,633 +0.1%
Net Income $-87,677 $202,883 -1.4%
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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Governance

Voting Members
75
Independent Members
74
Employees
16
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
3
$514,168
Total Directors
73
$0
Key Employees
2
$506,967
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAKE COLVIN PRESIDENT 36.00
Officer
$316,385 $21,570 $337,955
JOHN PICKEL SR DIRECTOR 40.00
Key Emp
$227,090 $15,575 $242,665
VERONICA BERKSHIRE SR DIRECTOR 32.00
Highest
$154,581 $33,505 $188,086
MARSHALL LANE SECRETARY/TR 32.00
Officer
$150,076 $26,137 $176,213
ANNE GORDON VP, INT'L TA 36.00
Highest
$276,090 $26,179 $302,269
TIFFANY SMITH VP, GLOBAL T 40.00
Highest
$251,520 $30,252 $281,772
JEANNETTE CHU VP, NATIONAL 40.00
Key Emp
$247,394 $16,908 $264,302
BRAD WOOD SR DIR, TRAD 36.00
Highest
$100,261 $17,273 $117,534
HUA WANG EXEC DIR, GI 0.00
Highest
$136,090 $18,102 $154,192
SUSAN SCHWAB CHAIRMAN N/A
Officer
$0 $0 $0
ABBOTT LABS DIRECTOR N/A
Director
$0 $0 $0
ACCENTURE DIRECTOR N/A
Director
$0 $0 $0
N/A DIRECTOR N/A
Director
$0 $0 $0
APPLE DIRECTOR N/A
Director
$0 $0 $0
N/A DIRECTOR N/A
Director
$0 $0 $0
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Director
$0 $0 $0
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Director
$0 $0 $0
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$0 $0 $0
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$0 $0 $0
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$0 $0 $0
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$0 $0 $0
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$0 $0 $0
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$0 $0 $0
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$0 $0 $0
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Director
$0 $0 $0
GE HEALTHCARE DIRECTOR N/A
Director
$0 $0 $0
N/A DIRECTOR N/A
Director
$0 $0 $0
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$0 $0 $0
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$0 $0 $0
ORGANON DIRECTOR N/A
Director
$0 $0 $0
COCA COLA DIRECTOR N/A
Director
$0 $0 $0
N/A DIRECTOR N/A
Director
$0 $0 $0
N/A DIRECTOR N/A
Director
$0 $0 $0
PHILLIPS NORTH AMERICAN LLC DIRECTOR N/A
Director
$0 $0 $0
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Director
$0 $0 $0
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$0 $0 $0
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$0 $0 $0
STEPTOE JOHNSON LLP DIRECTOR N/A
Director
$0 $0 $0
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Director
$0 $0 $0
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$0 $0 $0
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$0 $0 $0
N/A DIRECTOR N/A
Director
$0 $0 $0
TOYOTA DIRECTOR N/A
Director
$0 $0 $0
UPS DIRECTOR N/A
Director
$0 $0 $0
MCCORMICK COMPANY INC DIRECTOR N/A
Director
$0 $0 $0
CISCO SYSTEMS INC DIRECTOR N/A
Director
$0 $0 $0
AMAZON DIRECTOR N/A
Director
$0 $0 $0
AMGEN DIRECTOR N/A
Director
$0 $0 $0
CORNING INC DIRECTOR N/A
Director
$0 $0 $0
META DIRECTOR N/A
Director
$0 $0 $0
IBM CORP DIRECTOR N/A
Director
$0 $0 $0
MONDELEZ INTERNATIONAL INC DIRECTOR N/A
Director
$0 $0 $0
PITNEY BOWES DIRECTOR N/A
Director
$0 $0 $0
FEDERAL EXPRESS DIRECTOR N/A
Director
$0 $0 $0
AMERICAN INTERNATIONAL GROUP DIRECTOR N/A
Director
$0 $0 $0
ANHEUSER-BUSCH DIRECTOR N/A
Director
$0 $0 $0
BP AMERICA INC DIRECTOR N/A
Director
$0 $0 $0
RTX CORPORATION DIRECTOR N/A
Director
$0 $0 $0
SAMSUNG ELECTRONICS DIRECTOR N/A
Director
$0 $0 $0
TEXAS INSTRUMENTS DIRECTOR N/A
Director
$0 $0 $0
TOTAL ENGINES DIRECTOR N/A
Director
$0 $0 $0
N/A DIRECTOR N/A
Director
$0 $0 $0
N/A DIRECTOR N/A
Director
$0 $0 $0
N/A DIRECTOR N/A
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$0 $0 $0
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$0 $0 $0
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$0 $0 $0
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$0 $0 $0
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$0 $0 $0
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$0 $0 $0
N/A DIRECTOR N/A
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 $4,148,745 $4,236,422 $4,037,427 $-87,677
2024 $4,099,516 $3,896,633 $4,112,024 $202,883
2023 $3,622,470 $2,707,756 $3,915,123 $914,714
2022 $3,222,300 $2,286,239 $2,983,766 $936,061
2021 $3,496,065 $2,896,384 $2,039,782 $599,681
2020 $2,668,570 $3,111,181 $1,468,057 $-442,611
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