TAC INDUSTRIES INC (EIN 311078646) - 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

1983

Legal Domicile

Principal Officer

JAMES ZAHORA

Phone

9375257400

Tax Period

2024-01-01 to 2024-12-31

TAC INDUSTRIES INC, founded in 1983, is a community nonprofit that reported $9.6M in total revenue in fiscal year 2024. Expenses of $8.9M left a modest 8% surplus.

Mission

TO PROVIDE PROGRAMS, SERVICES, AND SUPPORTS THAT ASSIST INDIVIDUALS WITH DISABILITIES IN ACHIEVING A LIFE OF INCREASING CAPABILITY.

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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 $605,906

Program Service Revenue $3,453,049

Investment Income $493,191

Other Revenue $5,062,190

TOTAL REVENUE $9,614,336

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,336,769

Fundraising Expenses $0

Program Expenses $6,407,990

Other Expenses $2,538,093

TOTAL EXPENSES $8,874,862

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,614,336	$9,774,168	0.0%
Expenses	$8,874,862	$8,085,491	+0.1%
Net Income	$739,474	$1,688,677	-0.6%

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

269

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

$425,269

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICK DEMANA	CHAIRMAN	1.00	Officer Director	$0	$0	$0
CASSIE BARLOW	CO-VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
GEOFF STEELE	CO-VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
PEGGY SMITH	TREASURER	1.00	Officer Director	$0	$0	$0
KATHERINE ECKSTRAND	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN HALE	MEMBER	1.00	Director	$0	$0	$0
LACEY MCKINSTRY	MEMBER	1.00	Director	$0	$0	$0
PAMELA BENNETT	MEMBER	1.00	Director	$0	$0	$0
RICHARD RIGSBEE	MEMBER	1.00	Director	$0	$0	$0
JIM GIBFRIED	MEMBER	1.00	Director	$0	$0	$0
CRYSTAL JONES	MEMBER	1.00	Director	$0	$0	$0
PEGGY CONNOLLY	MEMBER	1.00	Director	$0	$0	$0
KEVIN COCHRAN	MEMBER	1.00	Director	$0	$0	$0
DAWAYNE KIRKMAN	MEMBER	1.00	Director	$0	$0	$0
TAMMY STRITENBERGER	MEMBER	1.00	Director	$0	$0	$0
JAMES ZAHORA	CEO	40.00	Officer	$215,665	$27,913	$243,578
SARAH KOCKENTIET	CFO	40.00	Officer	$179,631	$2,060	$181,691

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	$9,614,336	$8,874,862	$22,787,388	$739,474
2023	$9,774,168	$8,085,491	$21,206,711	$1,688,677
2022	$10,477,427	$8,576,146	$19,246,532	$1,901,281
2021	$10,041,771	$7,776,968	$17,767,131	$2,264,803
2021	$9,778,253	$7,765,725	$17,661,661	$2,012,528
2020	$9,904,153	$8,527,917	$16,411,383	$1,376,236
2020	$9,904,156	$8,527,920	$16,411,383	$1,376,236
2019	$10,196,594	$9,554,692	$14,448,148	$641,902
2019	$10,196,594	$9,554,692	$14,448,148	$641,902
2018	$8,050,546	$7,955,466	$13,197,079	$95,080

TAC INDUSTRIES INC