INDUSTRY COUNCIL FOR EMERGENCY RESPONSE TECHNOLOGIES INC (EIN 203878470) - 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

2005

Legal Domicile

Principal Officer

ERIC HAGERSON

Phone

2403983605

Tax Period

2024-01-01 to 2024-12-31

INDUSTRY COUNCIL FOR EMERGENCY RESPONSE TECHNOLOGIES INC, founded in 2005, is a small nonprofit in the Community Improvement sector that reported $371K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $518K exceeded revenue, resulting in a 40% operating deficit.

Mission

THE INDUSTRY COUNCIL FOR EMERGENCY RESPONSE TECHNOLOGIES REPRESENTS THE VOICE OF THE COMMERCIAL SECTOR IN THE EMERGENCY COMMUNICATIONS FIELD.

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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 $364,972

Investment Income $6,029

Other Revenue $0

TOTAL REVENUE $371,001

Expense Breakdown

Grants Paid $0

Salaries & Benefits $228,904

Fundraising Expenses $0

Other Expenses $288,660

TOTAL EXPENSES $517,564

Year-over-Year Comparison

	2024	2023	Change
Revenue	$371,001	$402,605	-0.1%
Expenses	$517,564	$453,595	+0.1%
Net Income	$-146,563	$-50,990	+1.9%

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

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

$228,904

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC HAGERSON	CHAIRMAN	5.00	Officer Director	$0	$0	$0
DUANE ANDERSON	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
LYNNE HOUSERMAN	SECRETARY	0.50	Officer Director	$0	$0	$0
MARY BOYD	TREASURER	0.50	Officer Director	$0	$0	$0
DAVID JONES	PAST CHAIRMAN	0.50	Officer Director	$0	$0	$0
GLENN ROACH	BOARD MEMBER	0.50	Director	$0	$0	$0
KAEVON LEGRANDE	BOARD MEMBER	0.50	Director	$0	$0	$0
SEAN SCOTT	BOARD MEMBER	0.50	Director	$0	$0	$0
AL BRISARD	BOARD MEMBER	0.50	Director	$0	$0	$0
MATT MELTON	BOARD MEMBER	0.50	Director	$0	$0	$0
MORGAN O'BRIEN	BOARD MEMBER	0.50	Director	$0	$0	$0
HENRY UNGER	BOARD MEMBER	0.50	Director	$0	$0	$0
JAMES POTTER	BOARD MEMBER	0.50	Director	$0	$0	$0
GEORGE KELEMEN	EXECUTIVE DIRECTOR	40.00	Officer	$228,904	$0	$228,904

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	$371,001	$517,564	$23,403	$-146,563
2023	$402,605	$453,595	$171,208	$-50,990
2022	$372,234	$466,214	$220,051	$-93,980
2021	$709,226	$708,998	$314,031	$228
2020	$354,933	$302,461	$313,803	$52,472
2019	$416,057	$302,980	$261,331	$113,077
2018	$321,840	$282,685	$148,254	$39,155

INDUSTRY COUNCIL FOR EMERGENCY RESPONSE TECHNOLOGIES INC