SCOTTSDALE, AZ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PROFESSIONAL BEAUTY ASSOCIATION, founded in 2004, is a community nonprofit in the Community Improvement sector that reported $2.3M in total revenue in fiscal year 2023. Revenue fell 91% from the prior year — a significant decline worth monitoring. Expenses of $4.4M exceeded revenue, resulting in a 86% operating deficit.
THE PROFESSIONAL BEAUTY ASSOCIATION (PBA) EXISTS TO ELEVATE, UNITE AND SERVE THE BEAUTY INDUSTRY AND THE PROFESSIONALS WHO IMPROVE PEOPLE'S LIVES.
SIGNATURE EVENTS: THE NORTH AMERICAN HAIRSTYLING AWARDS (NAHA) IS THE LARGEST PROFESSIONAL PHOTOGRAPHIC COMPETITION IN THE U.S. EACH YEAR THE NAHA CEREMONY CELEBRATES THE NOMINEES IN 14 CATEGORIES...
SIGNATURE EVENTS: THE NORTH AMERICAN HAIRSTYLING AWARDS (NAHA) IS THE LARGEST PROFESSIONAL PHOTOGRAPHIC COMPETITION IN THE U.S. EACH YEAR THE NAHA CEREMONY CELEBRATES THE NOMINEES IN 14 CATEGORIES THEN ANNOUNCES THE WINNERS DURING A TWO-HOUR LIVE EVENT HELD IN ANAHEIM, CA ON APRIL 2. BEACON, PBA'S ELITE STUDENT PROGRAM, BRINGS MORE THAN 150 STUDENT COSMETOLOGISTS TOGETHER FOR A SPECIALIZED TWO-DAY BUSINESS TRAINING EACH YEAR. STUDENTS ARE INDIVIDUALLY SELECTED BASED ON REVIEW OF THEIR ENTRY APPLICATIONS TO PARTICIPATE, ALONGSIDE INDUSTRY MENTORS AND SPONSORS. (CONT'D ON SCH. O) THE PBA'S EXECUTIVE SUMMIT ANNUALLY ENGAGES MORE THAN 300 TOP EXECUTIVES FOR A TWO-DAY EVENT ON TECHNOLOGY, LEADERSHIP, AND THE FUTURE OF THE INDUSTRY. ALONG WITH THE PBA GOLF TOURNAMENT AND OTHER NETWORKING ACTIVITIES, THE EVENT WAS HELD IN SCOTTSDALE, AZ, NOVEMBER 13-14.THE BEAUTY BUSINESS CAREER ACCELERATOR SESSIONS PROVIDED JUNIOR BEAUTY PROFESSIONALS WITH THE RESOURCES REQUIRED TO DEVELOP THRIVING CAREERS IN THE SALON INDUSTRY. TOPICS INCLUDED GOAL SETTING, CLIENT RETENTION AND CAREER DEVELOPMENT DURING THE EDUCATIONAL SERIES HELD IN ATLANTA, NEW YORK, CHICAGO AND LOS ANGELES. THE PBA IS A FINANCIAL PARTNER IN USA BEAUTY, LLC, ALONGSIDE INFORMA MARKETS AND BOLOGNAFIERE. USA BEAUTY PRODUCES ALL OF THE PREMIERE PROFESSIONAL BEAUTY BRANDED TRADE SHOWS (ORLANDO, ANAHEIM, SAN ANTONIO AND COLUMBUS) AS WELL AS THE BUSINESS-TO-BUSINESS COSMOPROF NORTH AMERICA SHOW IN LAS VEGAS.
AT PBA, OUR GOAL IS TO PROVIDE EXCEPTIONAL EXPERIENCES AND A CONNECTED COMMUNITY TO BEAUTY PROFESSIONALS ACROSS THE NATION. WE PROVIDE MEMBERS WITH VALUABLE RESOURCES, SUPPORT, AND CONNECTIONS TO...
AT PBA, OUR GOAL IS TO PROVIDE EXCEPTIONAL EXPERIENCES AND A CONNECTED COMMUNITY TO BEAUTY PROFESSIONALS ACROSS THE NATION. WE PROVIDE MEMBERS WITH VALUABLE RESOURCES, SUPPORT, AND CONNECTIONS TO EMPOWER MEMBERS TO DO THEIR BEST WORK, WHILE SUPPORTING AND ADVOCATING FOR THEM ALONG THE WAY. AS A NONPROFIT, WE RELY ON MEMBERSHIP DUES TO SUPPORT, PROTECT AND GROW OUR INDUSTRY. MEMBER BENEFITS AND RESOURCES NEW IN 2023:-NEW LIFESTYLE BENEFITS INCLUDING ACCESS TO DISCOUNTS ON TRAVEL, RESTAURANTS, THEME PARKS AND MUCH MORE.-IMPROVED HEALTH INSURANCE OPTIONS FOR SALON, SPA AND SMALL BUSINESS MEMBERS. (CONT'D ON SCH. O) -VIRTUAL HEALTH CARE, INCLUDING COUNSELING AND THERAPY FOR THE BUSINESS OF ONE MEMBERSHIP.EDUCATION:WE PROUDLY GRADUATED 166 COSMETOLOGY/ESTHETIC/BARBER STUDENTS FROM OUR BEACON PROGRAM IN 2023. WE ALSO HELD STUDENT-FOCUSED EDUCATION AT EVENTS ACROSS THE COUNTRY INCLUDING PREMIERE SAN ANTONIO, PREMIERE COLUMBUS AND PREMIERE ORLANDO.WE HOSTED NEARLY 20 ONLINE CLASSES AND WEBINARS FOR OUR MEMBERS, FOCUSED ON THE BUSINESS OF BEAUTY TO HELP THEM THRIVE IN THE PROFESSIONAL BEAUTY INDUSTRY. PBA VISIONARY MEMBERS HELP SHAPE THE BEAUTY LANDSCAPE THROUGH EXTENSIVE LEADERSHIP, POSITIONING, BRAND AND MARKETING OPPORTUNITIES, AND GREATER EXPOSURE WITH THE LARGEST BEAUTY ASSOCIATION.VISIONARY MEMBERS WHO JOINED IN 2023AMAZONBETTY DAIN/COLORTRAKBLONDE SOLUTIONSDENMAN BROTHERSEUROPEAN WAX SOLUTIONSGREAT CLIPS, INCGREEN CIRCLE SALONSINNERSENSE ORGANIC BEAUTYMADISON REEDMILADYMEEVO BY MILLENIUM SYSTEMS SYSTEMS INTERNATIONALPOMP BEAUTYSCHEDULICITYTHE SAM VILLA COMPANYACTSYL PRO (XAVIER GROUP)
GOVERNMENT AFFAIRS:PBA'S GOVERNMENT AFFAIRS TEAM WORKS TO INFLUENCE LOCAL, STATE, AND FEDERAL GOVERNMENT LEGISLATION. ADVOCATING ON BEHALF OF OUR MEMBERSHIP, OUR EFFORTS INCLUDE EDUCATION REGARDING...
GOVERNMENT AFFAIRS:PBA'S GOVERNMENT AFFAIRS TEAM WORKS TO INFLUENCE LOCAL, STATE, AND FEDERAL GOVERNMENT LEGISLATION. ADVOCATING ON BEHALF OF OUR MEMBERSHIP, OUR EFFORTS INCLUDE EDUCATION REGARDING THE IMPORTANCE OF OCCUPATIONAL LICENSING FOR THE PROFESSIONAL BEAUTY INDUSTRY, BUSINESS GROWTH, AND MANAGING STATE AND FEDERAL ISSUES IMPACTING DAY TO DAY SALON OPERATIONS. PBA'S GOVERNMENT AFFAIRS TEAM ALSO MANAGES ADVOCACY PROGRAMS THAT INCLUDE VOLUNTEER OUTREACH EFFORTS WITHIN OUR INDUSTRY. THE 128,394 ADVOCATES IN OUR PROFESSIONAL BEAUTY ADVOCATE (CONT'D ON SCH. O) PROGRAM HAVE TAKEN 850,703 ACTIONS CONNECTING WITH ELECTED OFFICIALS AT THE STATE AND FEDERAL LEVEL. PBA'S GOVERNMENT AFFAIRS TEAM ENGAGES AND CONTRACTS WITH OUTSIDE FIRMS TO ASSIST WITH STATE AND FEDERAL DIRECT LOBBYING. THE RANGE OF THE GOVERNMENT AFFAIRS TEAM INCLUDES CONDUCTING RESEARCH, ANALYZING LEGISLATION, CREATING A STRATEGIC RESPONSE TO LEGISLATION, LOBBYING, BUILDING GRASSROOTS AND ORGANIZING VOLUNTEERS, ADVOCACY CAMPAIGNS AND MESSAGING, EDUCATION OUTREACH, AND UTILIZING PARTNERSHIPS. OUR TEAM IS PROUD TO SERVE ON THE COUNCIL OF STATE GOVERNMENTS' COSMETOLOGY AND BARBERING INTERSTATE COMPACT TECHNICAL ASSISTANCE GROUP FUNDED BY THE DEPARTMENT OF DEFENSE (DOD). ADDITIONALLY, OUR TEAM SPEAKS AT PUBLIC AND PRIVATE EVENTS SHARING THE PROPONENT PERSPECTIVE OF OCCUPATIONAL LICENSING AND EDUCATING ON A VARIETY OF BUSINESS-RELATED TOPICS OF CONCERN FOR OUR MEMBERS. AFTER ANALYZING LEGISLATION OUR GOAL IS TO EXPLAIN THE POTENTIAL IMPACT AND ADVOCATE FOR THE BEST SOLUTION FOR OUR MEMBERS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,344,734 | $24,970,282 | -0.9% |
| Expenses | $4,350,599 | $5,896,286 | -0.3% |
| Net Income | $-2,005,865 | $19,073,996 | -1.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JAY ELARAR | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALEX COHN | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BONNIE CONTE | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANTONIO VOZZOLO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JENAE DAVIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVEN PORTER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SHELBY MICHAELIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SYDNEY BERRY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BETH CARSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ZACH RIEKEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CINDY FELDMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MAGGIE DIFALCO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NINA DAILY | EXECUTIVE DIRECTOR | 39.00 |
Officer
|
$288,799 | $25,542 | $314,341 |
| LORI RAYHORN | CFO | 39.00 |
Officer
|
$202,610 | $10,301 | $212,911 |
| AUDRA JONES | GENERAL MANAGER OF EVENTS | 40.00 |
Key Emp
|
$187,006 | $10,585 | $197,591 |
| ANGELICA KENRICK | DIR. OF MARKETING | 40.00 |
Highest
|
$142,947 | $15,070 | $158,017 |
| LESLIE PERRY | DIR. OF MEMBERSHIP & EDUCATION | 40.00 |
Highest
|
$107,445 | $13,117 | $120,562 |
| RACHEL MOLEPSKE | DIR. OF LEADERSHIP & CHARITABLE PROG. | 40.00 |
Highest
|
$104,989 | $7,040 | $112,029 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $2,344,734 | $4,350,599 | $26,329,162 | $-2,005,865 |
| 2022 | $24,970,282 | $5,896,286 | $28,077,374 | $19,073,996 |
| 2021 | $4,839,864 | $5,108,611 | $10,884,014 | $-268,747 |
| 2020 | $4,429,537 | $8,420,695 | $9,597,858 | $-3,991,158 |
| 2019 | $10,526,135 | $8,793,467 | $12,567,763 | $1,732,668 |
| 2018 | $9,006,491 | $8,840,015 | $13,068,675 | $166,476 |
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