ADVANCED BIOFUELS ASSOCIATION

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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

2009

Legal Domicile

Principal Officer

MICHAEL MCADAMS

Phone

2024695140

Tax Period

2023-01-01 to 2023-12-31

ADVANCED BIOFUELS ASSOCIATION, founded in 2009, is a community nonprofit in the Community Improvement sector that reported $1.0M in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 22% operating deficit.

Mission

MEMBERSHIP ORGANIZATION FOR COMPANIES WITH ADVANCED TECHNOLOGIES THAT PROVIDE OPPORTUNITIES FOR RENEWABLE AND LOWER CARBON FUELS.

Program Service Accomplishments

Program 1

TO FOSTER AND PROMOTE RESEARCH, DEVELOPMENT AND USE OF SECOND GENERATION FUEL TECHNOLOGIES AND THE BENEFITS WHILE ACQUIRING AND DISSEMINATING INFORMATION REGARDING ENERGY POLICY TO ITS MEMBERS.

Program 2

TO TRACK, ANALYZE, RECOMMEND, COMMENT ON, AND/OR OPPOSE LEGISLATION, REGULATIONS, AND PUBLIC PROGRAMS AFFECTING SECOND GENERATION FUEL TECHNOLOGIES AND THE COMMERCIALIZATION THEREOF.

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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 $0

Program Service Revenue $1,038,465

Investment Income $314

Other Revenue $0

TOTAL REVENUE $1,038,779

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,265,177

TOTAL EXPENSES $1,265,177

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,038,779	$1,315,758	-0.2%
Expenses	$1,265,177	$1,118,410	+0.1%
Net Income	$-226,398	$197,348	-2.1%

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
PAT WOERNER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
REBBECA BOUDREAUX	SECRETARY	1.00	Officer Director	$0	$0	$0
PAT FOODY	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT LEWIS	CO CHAIRMAN	1.00	Officer Director	$0	$0	$0
KEVIN GRANT	DIRECTOR	1.00	Director	$0	$0	$0
JEFF MCDANIEL	DIRECTOR	1.00	Director	$0	$0	$0
DAVE KETTNER	DIRECTOR	1.00	Director	$0	$0	$0
PAT GRUBER	DIRECTOR	1.00	Director	$0	$0	$0
DERRICK WHEELER	DIRECTOR	1.00	Director	$0	$0	$0
GORDON RUSSEL	DIRECTOR	1.00	Director	$0	$0	$0
TOM MILLER	DIRECTOR	1.00	Director	$0	$0	$0
ALEX MENNOTI	DIRECTOR	1.00	Director	$0	$0	$0
KAREL KOUPON	DIRECTOR	1.00	Director	$0	$0	$0
JW HACKET	DIRECTOR	1.00	Director	$0	$0	$0
PAULO GUSTAVO COSTA NASCIMENTO	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT GRAHM	DIRECTOR	1.00	Director	$0	$0	$0
DOUG DUGAN	DIRECTOR	1.00	Director	$0	$0	$0
LEN FEDERICO	EX-OFFICIO CHAIR	1.00	Director	$0	$0	$0
NEVILLE FERNANDES	DIRECTOR	1.00	Director	$0	$0	$0
MIKE BIRSIC	DIRECTOR	1.00	Director	$0	$0	$0
FRANK BEASLY	DIRECTOR	1.00	Director	$0	$0	$0
DONNA WARNDOLF	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL COSTA	DIRECTOR	1.00	Director	$0	$0	$0
YURI ORSE	DIRECTOR	1.00	Director	$0	$0	$0
DUSTIN MARQUIS	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA OLSEN	DIRECTOR	1.00	Director	$0	$0	$0
BILL MCCARTHY	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL MCADAMS -SEE SCHEDULE O	PRESIDENT	30.00	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
2024	No data	No data	No data	No data
2023	$1,038,779	$1,265,177	$481,726	$-226,398
2022	$1,315,758	$1,118,410	$708,124	$197,348
2021	$1,244,861	$1,139,925	$514,776	$104,936
2020	$915,313	$813,186	$405,840	$102,127
2019	$1,007,909	$1,209,310	$303,713	$-201,401
2018	$875,933	$847,346	$505,114	$28,587