INTERNATIONAL TITANIUM ASSOCIATION

EIN: 311092931

THORNTON, CO

Total Revenue
$1,545,267
Total Expenses
$1,348,708
Total Assets
$2,504,338
Net Assets
$1,935,605
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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
1995
Legal Domicile
CO
Principal Officer
JENNIFER SIMPSON
Phone
3034042221
Tax Period
2023-01-01 to 2023-12-31

INTERNATIONAL TITANIUM ASSOCIATION, founded in 1995, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2023. Expenses of $1.3M left a modest 13% surplus.

Mission

PROMOTE COMMON BUSINESS INTERESTS OF THOSE ENGAGED IN THE TITANIUM INDUSTRY

Program Service Accomplishments

Program 1

ITA HOLDS AN ANNUAL CONFERENCE, SEVERAL EDUCATIONAL WORKSHOPS AND SEMINARS, AND REPRESENTS THE INDUSTRY AT VARIOUS TRADE SHOWS WHILE PROVIDING TECHNICAL ASSISTANCE AND MATERIALS TO 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,500
Program Service Revenue $1,534,844
Investment Income $0
Other Revenue $7,923
TOTAL REVENUE $1,545,267

Expense Breakdown

Grants Paid $0
Salaries & Benefits $372,380
Fundraising Expenses $0
Other Expenses $976,328
TOTAL EXPENSES $1,348,708

Year-over-Year Comparison

2023 2022 Change
Revenue $1,545,267 $1,479,347 +0.0%
Expenses $1,348,708 $1,177,210 +0.1%
Net Income $196,559 $302,137 -0.3%
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

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Governance

Voting Members
10
Independent Members
10
Employees
1
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
$340,413
Total Directors
10
$340,413
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARKUS HOLZ TREASURER/SECRETARY 1.00
Officer Director
$0 $0 $0
MARTIN PIKE DIRECTOR 1.00
Director
$0 $0 $0
SAM STILLER DIRECTOR 1.00
Director
$0 $0 $0
FRANK PERRYMAN DIRECTOR 1.00
Director
$0 $0 $0
PHIL MACVANE DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL MARUCCI DIRECTOR 1.00
Director
$0 $0 $0
BRETT PADDOCK DIRECTOR 1.00
Director
$0 $0 $0
JOHN SCHERZER DIRECTOR 1.00
Director
$0 $0 $0
EDWARD SOBOTA DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER SIMPSON EXECUTIVE DIRECTOR 40.00
Officer Director
$322,670 $17,743 $340,413
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 $1,545,267 $1,348,708 $2,504,338 $196,559
2022 $1,479,347 $1,177,210 $2,077,108 $302,137
2021 $584,621 $595,862 $2,012,716 $-11,241
2020 $878,227 $865,355 $2,001,916 $12,872
2019 $2,350,442 $2,137,130 $1,980,909 $213,312
2018 $2,513,259 $2,467,598 $1,678,467 $45,661
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