GASKET FABRICATORS ASSOCIATION (EIN 232122675) - 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

1980

Legal Domicile

Principal Officer

PETER LANCE

Phone

6109714850

Tax Period

2024-01-01 to 2024-12-31

GASKET FABRICATORS ASSOCIATION, founded in 1980, is a small nonprofit that reported $696K in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $644K left a modest 8% surplus.

Mission

TO PROMOTE THE COMMON INTERESTS AND IMPROVE THE CONDITIONS OF THE GASKET FABRICATORS INDUSTRY

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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 $670,171

Investment Income $24,527

Other Revenue $1,750

TOTAL REVENUE $696,448

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $643,973

TOTAL EXPENSES $643,973

Year-over-Year Comparison

	2024	2023	Change
Revenue	$696,448	$496,605	+0.4%
Expenses	$643,973	$491,560	+0.3%
Net Income	$52,475	$5,045	+9.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY GUZEK	PRESIDENT	1.00	Officer Director	$0	$0	$0
ERIN GURNEY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RYAN MCCUNE	SECRETARY-TREASURER	1.00	Officer Director	$0	$0	$0
DAVID BEHRENS	DIRECTOR	1.00	Director	$0	$0	$0
RILEY BRAND	DIRECTOR	1.00	Director	$0	$0	$0
TERRY BUCKLEY	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN CONDON	DIRECTOR	1.00	Director	$0	$0	$0
CHUCK KEELEY	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL KUBICK	DIRECTOR	1.00	Director	$0	$0	$0
SHEENA ROHOMAN	DIRECTOR	1.00	Director	$0	$0	$0
PETRA SCHAEFER	DIRECTOR	1.00	Director	$0	$0	$0
PETER LANCE	EXECUTIVE DIRECTOR	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	$696,448	$643,973	$581,144	$52,475
2023	$496,605	$491,560	$556,667	$5,045
2022	$485,818	$545,532	$502,541	$-59,714
2021	$351,044	$458,167	$547,197	$-107,123
2020	$262,120	$239,994	$665,334	$22,126
2019	$476,054	$463,057	$647,549	$12,997
2018	$614,565	$587,754	$647,416	$26,811

GASKET FABRICATORS ASSOCIATION