The Presidents Forum of the Distilled Spirits Industry

EIN: 261583070 Community Improvement

Tysons Corner, VA

Total Revenue
$730,671
Total Expenses
$1,173,165
Total Assets
$324,014
Net Assets
$193,537
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
DE
Principal Officer
Amanda Nguyen
Phone
2026704616
Tax Period
2023-01-01 to 2023-12-31

The Presidents Forum of the Distilled Spirits Industry, founded in 1990, is a small nonprofit in the Community Improvement sector that reported $771K in total revenue in fiscal year 2018. The organization ran a surplus of $232K, a strong 30% operating margin.

Mission

A leading distilled spirits trade association that works to ensure the safe and moderate consumption of alcoholic beverages produced and sold by its members.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $725,000
Investment Income $5,671
Other Revenue $0
TOTAL REVENUE $730,671

Expense Breakdown

Grants Paid $0
Salaries & Benefits $494,035
Fundraising Expenses $0
Other Expenses $679,130
TOTAL EXPENSES $1,173,165

Year-over-Year Comparison

2023 2022 Change
Revenue $730,671 $779,300 -0.1%
Expenses $1,173,165 $979,481 +0.2%
Net Income $-442,494 $-200,181 +1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
27
Independent Members
27
Employees
2
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
2
$292,503
Total Directors
27
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Steven Brecher Member 1.00
Director
$0 $0 $0
Jeffrey O'Neill Member 1.00
Director
$0 $0 $0
Ernest Gallo Member 1.00
Director
$0 $0 $0
Sarah Bradley Chair 1.00
Officer Director
$0 $0 $0
Phillipe Brechot Member 1.00
Director
$0 $0 $0
Jose Rivera Member 1.00
Director
$0 $0 $0
Ron Zier Member 1.00
Director
$0 $0 $0
Gray Ottley Member 1.00
Director
$0 $0 $0
Max Shapira Member 1.00
Director
$0 $0 $0
Mark Brown Member 1.00
Director
$0 $0 $0
Havey Allen Member 1.00
Director
$0 $0 $0
Mike Morgan Member 1.00
Director
$0 $0 $0
Michael Duggan Member 1.00
Director
$0 $0 $0
Mark Hubler Member 1.00
Director
$0 $0 $0
Donn Lux Member 1.00
Director
$0 $0 $0
Mick Harris Member 1.00
Director
$0 $0 $0
Mark Teasdale Member 1.00
Director
$0 $0 $0
Larrie Laird Member 1.00
Director
$0 $0 $0
Rudy Costello Member 1.00
Director
$0 $0 $0
Jonathan Yusen Member 1.00
Director
$0 $0 $0
Marc Taub Member 1.00
Director
$0 $0 $0
Roy Danis Member 1.00
Director
$0 $0 $0
Jeff Kozak Member 1.00
Director
$0 $0 $0
Daniel Walker Member 1.00
Director
$0 $0 $0
Mike Keyes Member 1.00
Director
$0 $0 $0
Jim O'Malley Member 1.00
Director
$0 $0 $0
Harvey R Chaplin Member 1.00
Director
$0 $0 $0
Matthew Dogali President/CEO 40.00
Officer
$269,500 $23,003 $292,503
Thomas Perrick National Director 40.00
Highest
$167,250 $4,833 $172,083
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 $730,671 $1,173,165 $324,014 $-442,494
2022 $779,300 $979,481 $706,721 $-200,181
2021 $755,098 $748,369 $866,690 $6,729
2020 $776,367 $649,991 $907,258 $126,376
2019 $732,279 $725,459 $754,008 $6,820
2018 $770,997 $539,169 $730,830 $231,828
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