NORTH AMERICAN DISTRIBUTOR COUNCILS INC (EIN 270179231) - 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

2010

Legal Domicile

Principal Officer

John F Farmer

Phone

9735254497

Tax Period

2023-01-01 to 2023-12-31

NORTH AMERICAN DISTRIBUTOR COUNCILS INC, founded in 2010, is a micro nonprofit in the Community Improvement sector that reported $30K in total revenue in fiscal year 2023. Revenue fell 75% from the prior year — a significant decline worth monitoring. Expenses of $66K exceeded revenue, resulting in a 119% operating deficit.

Mission

To promote and maintain an open spirit of communication and to develop programs and policies for presentations that benefit member distributor entities and the manufacturers that they represent.

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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 $30,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $30,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $65,568

Other Expenses $65,568

TOTAL EXPENSES $65,568

Year-over-Year Comparison

	2023	2022	Change
Revenue	$30,000	$121,175	-0.8%
Expenses	$65,568	$66,684	0.0%
Net Income	$-35,568	$54,491	-1.7%

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Cosgrove	Chairman	4.00	Officer Director	$0	$0	$0
David Johnson	Vice Chairman	4.00	Officer Director	$0	$0	$0
Kevin Burnette	Secretary	4.00	Officer Director	$0	$0	$0
John Farmer	Treasurer	5.00	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
2023	$30,000	$65,568	$38,667	$-35,568
2022	$121,175	$66,684	$74,235	$54,491
2021	$88,750	$112,465	$19,744	$-23,715

NORTH AMERICAN DISTRIBUTOR COUNCILS INC