FLAVOR AND EXTRACT MANUFACTURERS ASSOCIATION OF THE UNITED STATES INC

EIN: 237104346

WASHINGTON, DC

Total Revenue
$6,478,889
Total Expenses
$5,876,400
Total Assets
$7,744,826
Net Assets
$6,449,572
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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
1909
Legal Domicile
MD
Principal Officer
Deb Carstoiu
Phone
2022935800
Tax Period
2024-04-01 to 2025-03-31

FLAVOR AND EXTRACT MANUFACTURERS ASSOCIATION OF THE UNITED STATES INC, founded in 1909, is a community nonprofit that reported $6.5M in total revenue in fiscal year 2024. Expenses of $5.9M left a modest 9% surplus.

Mission

COOPERATION, PROMOTION, AND PROTECTION OF THE BUSINESS INTERESTS OF ITS MEMBERS, FOSTERING GOODWILL AMONG ITS MEMBERS AND ASSISTANCE IN ENACTMENT AND ENFORCEMENT OF LAWS WHICH SHALL DEAL JUSTLY WITH THE RIGHTS OF FLAVORING EXTRACT MANUFACTURERS AND CONSUMERS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $675,000
Program Service Revenue $5,432,898
Investment Income $370,991
Other Revenue $0
TOTAL REVENUE $6,478,889

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $5,876,400
TOTAL EXPENSES $5,876,400

Year-over-Year Comparison

2024 2023 Change
Revenue $6,478,889 $6,342,654 +0.0%
Expenses $5,876,400 $5,750,745 +0.0%
Net Income $602,489 $591,909 +0.0%
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

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
16

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
7
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Laurette Rondenet Past President 3.00
Officer Director
$0 $0 $0
Paul Graham President 3.00
Officer Director
$0 $0 $0
Christopher Perkins V. Pres/Sec 3.00
Officer Director
$0 $0 $0
Chris Choi Board Member 3.00
Director
$0 $0 $0
Danielle Barbaro Board Member 3.00
Director
$0 $0 $0
Kelli Heinz President-Elect 3.00
Officer Director
$0 $0 $0
Scott Glennon Treasurer 3.00
Officer Director
$0 $0 $0
Dolf DeRovira Board Member 3.00
Director
$0 $0 $0
Gillian Bleimann Board Member 3.00
Director
$0 $0 $0
Tyler Simpson Board Member 3.00
Director
$0 $0 $0
Calvin McEvoy Board Member 3.00
Director
$0 $0 $0
Robert Sobel Board Member 3.00
Director
$0 $0 $0
Lynn Warner Board Member 3.00
Director
$0 $0 $0
Erica Reiner Board Member 3.00
Director
$0 $0 $0
George Southworth Exec Dir Former 40.00
Officer
$0 $0 $0
John Hallagan Inter Exec Dir 40.00
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
2025 $6,478,889 $5,876,400 $7,744,826 $602,489
2024 $6,342,654 $5,750,745 $6,772,093 $591,909
2023 $5,864,915 $5,666,927 $6,453,388 $197,988
2022 $5,614,945 $5,162,265 $6,655,879 $452,680
2021 $5,686,597 $4,953,160 $5,539,270 $733,437
2020 $6,003,148 $5,639,922 $4,892,554 $363,226
2019 $6,011,433 $5,895,433 $4,789,405 $116,000
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