Employers Resource Association Inc (EIN 310512499) - 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

1946

Legal Domicile

Principal Officer

Michael Denisoff

Phone

2626963343

Tax Period

2023-01-01 to 2023-12-31

Employers Resource Association Inc, founded in 1946, is a small nonprofit that reported $946K in total revenue in fiscal year 2023. Revenue fell 68% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 52% operating deficit.

Mission

To provide low cost, full service Human Resource management support for its members.

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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 $880,309

Investment Income $24,023

Other Revenue $41,217

TOTAL REVENUE $945,549

Expense Breakdown

Grants Paid $0

Salaries & Benefits $935,320

Fundraising Expenses $0

Other Expenses $497,552

TOTAL EXPENSES $1,432,872

Year-over-Year Comparison

	2023	2022	Change
Revenue	$945,549	$2,994,435	-0.7%
Expenses	$1,432,872	$3,245,982	-0.6%
Net Income	$-487,323	$-251,547	+0.9%

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

N/A

Independent Members

N/A

Employees

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

$208,405

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tom Kirkpatrick	Director	1.00	Director	$0	$0	$0
Stacy Toki	Director	1.00	Officer Director	$0	$0	$0
Craig Oaks	Director	1.00	Director	$0	$0	$0
David Fusting	Chair	1.00	Officer Director	$0	$0	$0
Bob Garriott	Past Chair	1.00	Officer Director	$0	$0	$0
John Lame	Director	1.00	Director	$0	$0	$0
Tillie Woods	Director	1.00	Director	$0	$0	$0
Lytia Watson	Director	1.00	Director	$0	$0	$0
John Kramer	Director	1.00	Director	$0	$0	$0
Michael Denisoff	President/CEO, Secretary	40.00	Officer	$195,113	$13,292	$208,405

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	$945,549	$1,432,872	No data	$-487,323
2022	$2,994,435	$3,245,982	$1,975,381	$-251,547
2021	$2,898,876	$2,873,434	$2,416,071	$25,442
2020	$2,644,807	$2,574,572	$2,976,214	$70,235
2019	$3,339,666	$3,141,326	$2,461,566	$198,340
2018	$3,186,540	$2,847,779	$2,272,507	$338,761

Employers Resource Association Inc