Cleveland Chemical Assocation (EIN 237176075) - 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

1947

Legal Domicile

Principal Officer

Kelly Bole

Phone

4405723133

Tax Period

2021-01-01 to 2021-12-31

Cleveland Chemical Assocation, founded in 1947, is a micro nonprofit that reported $66K in total revenue in fiscal year 2021. Revenue surged 155% from the prior year, signaling strong growth momentum. The organization ran a surplus of $14K, a strong 21% operating margin.

Mission

Trade association encouraging chemical industry growth

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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 (2021)

Revenue Breakdown

Contributions & Grants $12,070

Program Service Revenue $53,999

Investment Income $0

Other Revenue $0

TOTAL REVENUE $66,069

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $45,216

Other Expenses $51,963

TOTAL EXPENSES $51,963

Year-over-Year Comparison

	2021	2020	Change
Revenue	$66,069	$25,950	+1.5%
Expenses	$51,963	$31,051	+0.7%
Net Income	$14,106	$-5,101	-3.8%

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

$11,050

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Angela Rich	Executive Director	010.00	Key Emp	$11,050	$0	$11,050
Kelly Bole	President	001.00	Officer Director	$0	$0	$0
Matt O'Connor	Past-President	001.00	Officer Director	$0	$0	$0
Janet Newman	Secretary	001.00	Officer Director	$0	$0	$0
Aaron Cooper	Board member	001.00	Director	$0	$0	$0
Pete Zaccari	Board member	001.00	Director	$0	$0	$0
Pam Quellhorst	Treasurer	001.00	Officer Director	$0	$0	$0
Gayle Mitalski	Vice President	001.00	Officer Director	$0	$0	$0
Jeannette Simcox	Board member	001.00	Director	$0	$0	$0
Richard Ontoko	Board member	001.00	Director	$0	$0	$0
Rob Malcom	Board member	001.00	Director	$0	$0	$0
Thomas Scherr	Board member	001.00	Director	$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
2021	$66,069	$51,963	$40,016	$14,106
2020	$25,950	$31,051	$25,910	$-5,101
2019	$63,957	$55,471	$31,011	$8,486
2018	$55,355	$55,996	$18,787	$-641

Cleveland Chemical Assocation