NATIONAL COUNCIL OF TEXTILE ORGANIZATIONS (EIN 200767664) - 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

2004

Legal Domicile

Principal Officer

KIMBERLY GLAS

Phone

7048243522

Tax Period

2024-04-01 to 2025-03-31

NATIONAL COUNCIL OF TEXTILE ORGANIZATIONS, founded in 2004, is a community nonprofit in the Community Improvement sector that reported $2.9M in total revenue in fiscal year 2024. Net assets of $5.8M represent 24 months of operating reserves.

Mission

The National Council of Textile Organizations is a unique association representing the entire spectrum of the textile sector. From fibers to finished products, from machinery manufacturers to power suppliers, NCTO is the voice of the U.S. textile industry.NCTO's mission is focused on creating powerful national and international alliances to advance the interests of the U.S. textile sector. As an organization, it is unrivaled in its composition which allows each segment of the industry to have a vote in determining NTCO policy. The centerpiece of NCTO is the four separate councils representing the fiber, yarn, fabric, and supplier industries, each with its own board representation. As a lobbying group, NCTO is harnessing the influence of an array of associations and business groups that have a stake in the survival and prosperity of the U.S. textile sector to leverage our impact in the halls of our nation's capital. NCTO is also mobilizing global resources in its efforts to preserve the

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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 $2,325,321

Investment Income $238,190

Other Revenue $302,966

TOTAL REVENUE $2,866,477

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $1,664,503

Fundraising Expenses $0

Other Expenses $1,170,946

TOTAL EXPENSES $2,845,449

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,866,477	$2,861,931	+0.0%
Expenses	$2,845,449	$2,276,423	+0.2%
Net Income	$21,028	$585,508	-1.0%

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

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

$1,007,250

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIMBERLY GLAS	President & CEO	40.00	Officer	$692,450	$42,300	$734,750
MERL T ETHINGTON	N/A	40.00		$200,000	$37,300	$237,300
AUGUSTINE TANTILLO	PRESIDENT & CEO	40.00		$183,000	$0	$183,000
KRISTI L ELLIS	N/A	40.00		$148,000	$23,600	$171,600
SARA BEATTY	Secretary	40.00	Officer	$140,000	$0	$140,000
ROBIN HAYNES	Treasurer	40.00	Officer	$108,000	$24,500	$132,500
REBECCA TANTILLO	N/A	40.00		$110,000	$13,080	$123,080
ALLEN JACOBY	Director	0.00	Director	$0	$0	$0
CHARLES HEILIG	Chairman	0.00	Director	$0	$0	$0
DAN RUSSIAN	Director	0.00	Director	$0	$0	$0
BLAKE MILLINOR	Director	0.00	Director	$0	$0	$0
JAMES MCKINNON	Director	0.00	Director	$0	$0	$0
WALTER SPIEGEL	Director	0.00	Director	$0	$0	$0
MARK DOYON	Director	0.00	Director	$0	$0	$0
EDDIE INGLE	Director	0.00	Director	$0	$0	$0
LEIB OEHMIG	Director	0.00	Director	$0	$0	$0
JUSTIN FERDINAND	Director	0.00	Director	$0	$0	$0
JAY TODD	Director	0.00	Director	$0	$0	$0
GEOFFREY HIETPAS	Director	0.00	Director	$0	$0	$0
MARVIN SMITH	Director	0.00	Director	$0	$0	$0
JOHN FREEMAN	Director	0.00	Director	$0	$0	$0
CHUCK HALL	VICE CHAIRMAN	0.00	Director	$0	$0	$0
TODD BASSETT	Director	0.00	Director	$0	$0	$0
GREG DUNCAN	Director	0.00	Director	$0	$0	$0
JIM REED	Director	0.00	Director	$0	$0	$0
MARISA FUMEI-SOUTH	Director	0.00	Director	$0	$0	$0
ERIC NOE	Director	0.00	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	$2,866,477	$2,845,449	$6,078,447	$21,028
2024	$2,861,931	$2,276,423	$5,917,541	$585,508
2023	$3,059,941	$2,341,613	$5,161,394	$718,328
2022	$2,890,648	$1,992,430	$4,364,519	$898,218
2021	$2,150,578	$1,603,332	$3,645,582	$547,246
2020	$2,182,226	$2,085,961	$3,044,560	$96,265
2019	$2,445,410	$1,704,901	$2,897,905	$740,509

NATIONAL COUNCIL OF TEXTILE ORGANIZATIONS