FOUNDATION OF FLEXOGRAPHIC TECHNICAL ASSOCATION INC (EIN 237408446) - 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

LAURA WRIGHT

Phone

6317376020

Tax Period

2024-01-01 to 2024-12-31

FOUNDATION OF FLEXOGRAPHIC TECHNICAL ASSOCATION INC, founded in 1974, is a community nonprofit in the Community Improvement sector that reported $2.5M in total revenue in fiscal year 2024. Expenses of $2.9M exceeded revenue, resulting in a 16% operating deficit.

Mission

FOUNDATION OF FLEXOGRAPHIC TECHNICAL ASSOCIATION (FFTA) WORKS TO ADVANCE THE FLEXOGRAPHIC PRINTING/CONVERTING INDUSTRY THROUGH EDUCATION, TRAINING, RESEARCH AND SCHOLARSHIPS. WE CONDUCT ANNUAL PRINT/ DESIGN/ ENVIRONMENTAL/ TECHNOLOGY AWARDS COMPETITIONS AND OFFER EDUCATIONAL SEMINARS, WORKSHOPS & INTERACTIVE TRAINING PROGRAMS THROUGH OUR TEST (TECHNICAL EDUCATION SERVICES TEAM) PROGRAM. OUR MONTHLY FLEXO MAGAZINE FEATURES HIGH-LEVEL TECHNICAL ARTICLES AND MARKET REPORTS, PLUS TECHNOLOGY TREND FEATURES AND COVERS THE LATEST INDUSTRY HAPPENINGS.

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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 $11,217

Program Service Revenue $2,068,392

Investment Income $241,273

Other Revenue $150,120

TOTAL REVENUE $2,471,002

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $1,248,832

Fundraising Expenses $0

Program Expenses $2,450,177

Other Expenses $1,607,587

TOTAL EXPENSES $2,866,419

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,471,002	$2,521,983	0.0%
Expenses	$2,866,419	$2,810,651	+0.0%
Net Income	$-395,417	$-288,668	+0.4%

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

Volunteers

100

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

$60,577

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NATHAN RIDNOUER	PRESIDENT	20.00	Officer	$42,404	$0	$60,577
BRAD PARESO	PAST PRESIDE	20.00		$91,559	$0	$122,079
LAURA WRIGHT	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
BOB COOMES	BOARD CHAIR-	2.00	Officer Director	$0	$0	$0
KRISTEN SHIELDS	VICE CHAIR	2.00	Officer Director	$0	$0	$0
KEITH NAGLE	TREASURER	1.00	Officer Director	$0	$0	$0
CATHERINE HAYNES	BOARD MEMBER	1.00	Director	$0	$0	$0
ERIC FRANK	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNYE SCOTT	BOARD MEMBER	1.00	Director	$0	$0	$0
JOE GENOVA	BOARD MEMBER	1.00	Director	$0	$0	$0
JOEL MAXWELL	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN KRAUSE	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHELLE LAIRD-WILLIAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
PAUL TEACHOUT	BOARD MEMBER	1.00	Director	$0	$0	$0
SHAWN OETJEN	BOARD MEMBER	1.00	Director	$0	$0	$0
THOMAS DAHBURA	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSEPH TUCCITTO	EDUCATION DI	35.00	Highest	$218,532	$0	$230,034
JAY KAIBLE	BUSINESS DEV	20.00	Highest	$151,589	$3,743	$205,862
ROBERT MORAN	PUBLISHER	40.00	Highest	$157,127	$4,616	$161,743
MILENA FLORES	ACCOUNTING/H	30.00	Highest	$82,453	$3,164	$113,101

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	$2,471,002	$2,866,419	$5,826,265	$-395,417
2023	$2,521,983	$2,810,651	$5,939,875	$-288,668
2022	$2,554,591	$2,610,340	$5,707,666	$-55,749
2021	$1,839,363	$2,059,791	$6,675,984	$-220,428
2020	$1,544,837	$2,255,051	$6,112,153	$-710,214
2019	$3,070,681	$3,090,283	$6,534,237	$-19,602
2018	$3,201,202	$3,036,315	$6,152,680	$164,887

FOUNDATION OF FLEXOGRAPHIC TECHNICAL ASSOCATION INC