THE TRANSFORMER ASSOCIATION (EIN 237357964) - 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

1974

Legal Domicile

Principal Officer

ALEX GIANARAS

Phone

2162417333

Tax Period

2023-01-01 to 2023-12-31

THE TRANSFORMER ASSOCIATION, founded in 1974, is a small nonprofit that reported $223K in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion.

Mission

TO STRENGTHEN THE TRANSFORMER INDUSTRY IN NORTH AMERICA AND TO BE THE VOICE OF THE 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 (2023)

Revenue Breakdown

Contributions & Grants $102,512

Program Service Revenue $120,881

Investment Income $0

Other Revenue $0

TOTAL REVENUE $223,393

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $234,776

TOTAL EXPENSES $234,776

Year-over-Year Comparison

	2023	2022	Change
Revenue	$223,393	$186,318	+0.2%
Expenses	$234,776	$210,113	+0.1%
Net Income	$-11,383	$-23,795	-0.5%

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
HOLLACE BARDEN	DIRECTOR	0.50	Director	$0	$0	$0
WILLIAM DULL	DIRECTOR	0.50	Director	$0	$0	$0
LAILA DURBAN	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
ALEX GIANARAS	PAST PRESIDENT	0.50	Officer Director	$0	$0	$0
MIKE GIBNEY	DIRECTOR	0.50	Director	$0	$0	$0
JAKOB JAKOBSSON	DIRECTOR	0.50	Director	$0	$0	$0
JOHN MEEKS	DIRECTOR	0.50	Director	$0	$0	$0
BRIAN WELLS	PRESIDENT	0.50	Officer 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
2024	No data	No data	No data	No data
2023	$223,393	$234,776	$91,036	$-11,383
2022	$186,318	$210,113	$87,712	$-23,795
2021	$124,442	$134,864	$104,180	$-10,422
2020	$87,349	$100,105	$110,766	$-12,756
2019	$213,725	$201,503	$170,785	$12,222
2018	$203,982	$186,055	$150,690	$17,927

THE TRANSFORMER ASSOCIATION