WELDING RESEARCH COUNCIL INC (EIN 136167903) - 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

1938

Legal Domicile

Principal Officer

MARY MRAZ

Phone

2125917956

Tax Period

2024-07-01 to 2025-06-30

WELDING RESEARCH COUNCIL INC, founded in 1938, is a small nonprofit in the Community Improvement sector that reported $226K in total revenue in fiscal year 2024. Revenue surged 179% from the prior year, signaling strong growth momentum. The organization ran a surplus of $205K, a strong 91% operating margin.

Mission

TO AID IN THE RESEARCH OF PROJECTS CONTAINING WELDING AND ALLIED METALS

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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 $138,702

Program Service Revenue $87,746

Investment Income $0

Other Revenue $0

TOTAL REVENUE $226,448

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,495

Other Expenses $21,178

TOTAL EXPENSES $21,178

Year-over-Year Comparison

	2024	2023	Change
Revenue	$226,448	$81,227	+1.8%
Expenses	$21,178	$433,321	-1.0%
Net Income	$205,270	$-352,094	-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

Governance

Voting Members

Independent Members

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
DAVID OSAGE	CHAIRMAN OF THE BOARD	1.00	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	$226,448	$21,178	$256,674	$205,270
2024	$81,227	$433,321	$89,594	$-352,094
2023	$224,007	$106,642	$457,557	$117,365
2022	$114,881	$92,297	$295,764	$22,584
2021	$184,097	$173,999	$281,757	$10,098
2020	$190,522	$118,469	$236,377	$72,053
2019	$213,120	$353,738	$161,217	$-140,618
2018	$166,538	$112,233	$293,725	$54,305

WELDING RESEARCH COUNCIL INC