INSULATING GLASS CERTIFICATION COUNCIL INC (EIN 223049628) - 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

1988

Legal Domicile

Principal Officer

SCOTT CORLEY

Phone

3156462234

Tax Period

2024-01-01 to 2024-12-31

INSULATING GLASS CERTIFICATION COUNCIL INC, founded in 1988, is a community nonprofit in the Unknown sector that reported $2.7M in total revenue in fiscal year 2024.

Mission

CERTIFICATION OF INSULATING GLASS

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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 $2,654,105

Investment Income $36,139

Other Revenue $0

TOTAL REVENUE $2,690,244

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,558,675

Other Expenses $2,689,066

TOTAL EXPENSES $2,689,066

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,690,244	$2,520,510	+0.1%
Expenses	$2,689,066	$2,491,229	+0.1%
Net Income	$1,178	$29,281	-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

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
YVON CHIASSON	GOVERNOR	1.00	Director	$0	$0	$0
SCOTT CORLEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
ADINA DOBRE	GOVERNOR	1.00	Director	$0	$0	$0
JOE ERB	GOVERNOR	1.00	Director	$0	$0	$0
ROBERT GROMMESH	GOVERNOR	1.00	Director	$0	$0	$0
DAN JOHNSON	GOVERNOR	1.00	Director	$0	$0	$0
CARL LAMPING	GOVERNOR	1.00	Director	$0	$0	$0
DAVID MCHUGH	GOVERNOR	1.00	Director	$0	$0	$0
HELEN SANDERS	GOVERNOR	1.00	Director	$0	$0	$0
SARAH SINUSAS	GOVERNOR	1.00	Director	$0	$0	$0
MATT WALDREN	GOVERNOR	1.00	Director	$0	$0	$0
MAX WOLF	GOVERNOR	1.00	Director	$0	$0	$0
TERRY SCHAEFER	ASSISTANT SE	20.00	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	$2,690,244	$2,689,066	$2,675,030	$1,178
2023	$2,520,510	$2,491,229	$2,373,350	$29,281
2022	$2,313,269	$2,346,805	$2,329,369	$-33,536
2021	$2,084,578	$2,070,667	$2,283,002	$13,911
2020	$1,907,172	$1,888,805	$2,104,789	$18,367
2019	$1,780,195	$1,780,453	$1,789,342	$-258
2018	$1,855,036	$1,932,328	$1,694,342	$-77,292

INSULATING GLASS CERTIFICATION COUNCIL INC