DRYWALL TAPING INDUSTRY BOARD

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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

1994

Legal Domicile

Principal Officer

PETER PETRINO

Phone

2122421616

Tax Period

2024-01-01 to 2024-12-31

DRYWALL TAPING INDUSTRY BOARD, founded in 1994, is a small nonprofit that reported $290K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Net assets of $2.1M represent 86 months of operating reserves.

Mission

TO PROMOTE THE INTERESTS OF THE TAPING INDUSTRY AND ITS EMPLOYERS.

Program Service Accomplishments

Program 1

PROMOTED THE INTERESTS OF THE TAPING INDUSTRY AND ITS EMPLOYERS.

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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 $283,330

Investment Income $6,892

Other Revenue $0

TOTAL REVENUE $290,222

Expense Breakdown

Grants Paid $11,653

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $304,002

TOTAL EXPENSES $315,655

Year-over-Year Comparison

	2024	2023	Change
Revenue	$290,222	$228,942	+0.3%
Expenses	$315,655	$580,502	-0.5%
Net Income	$-25,433	$-351,560	-0.9%

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
JOSEPH AZZOPARDI	UNION TRUSTEE	2.00	Director	$0	$0	$0
PETER CAFIERO	EMPLOYER TRUSTEE	2.00	Director	$0	$0	$0
JOHN DREW	UNION TRUSTEE	2.00	Director	$0	$0	$0
RICHIE JACOBS	UNION TRUSTEE	2.00	Director	$0	$0	$0
JEANNE MARTIN	MANAGEMENT TRUSTEE	2.00	Director	$0	$0	$0
GABRIEL PINEDA	UNION TRUSTEE	2.00	Director	$0	$0	$0
RANDOLPH ROBERTS	PRESIDENT/COUNCIL DELEGATE	2.00	Officer	$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
2024	$290,222	$315,655	$2,422,462	$-25,433
2023	$228,942	$580,502	$2,440,449	$-351,560
2022	$246,190	$464,362	$2,789,279	$-218,172
2021	$393,376	$403,242	$2,812,057	$-9,866
2020	$343,806	$363,640	$2,869,364	$-19,834
2019	$426,855	$633,217	$2,841,349	$-206,362
2018	$378,730	$276,074	$3,003,445	$102,656