TEXTILE EXCHANGE (EIN 331034726) - 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

2003

Legal Domicile

Principal Officer

LEE MARTIN

Phone

4439616280

Tax Period

2024-01-01 to 2024-12-31

TEXTILE EXCHANGE, founded in 2003, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $33.5M in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.2M, a strong 19% operating margin.

Mission

INSPIRE, EQUIP PEOPLE TO INCREASE SUSTAINABLE PRACTICES IN THE TEXTILE INDUSTRY. MINIMIZING THE HARMFUL IMPACTS AND MAXIMIZING POSITIVE EFFECTS OF THE TEXTILE INDUSTRY.

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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 $31,740,822

Program Service Revenue $1,391,568

Investment Income $412,488

Other Revenue $0

TOTAL REVENUE $33,544,878

Expense Breakdown

Grants Paid $0

Salaries & Benefits $14,416,437

Fundraising Expenses $0

Program Expenses $21,914,234

Other Expenses $12,888,293

TOTAL EXPENSES $27,304,730

Year-over-Year Comparison

	2024	2023	Change
Revenue	$33,544,878	$24,104,258	+0.4%
Expenses	$27,304,730	$24,596,799	+0.1%
Net Income	$6,240,148	$-492,541	-13.7%

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

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

$776,763

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLAIRE BERGKAMP	CEO	40.00	Officer	$313,172	$0	$313,172
EVONNE TAN	SENIOR DIREC	40.00	Highest	$237,452	$0	$237,452
ASHLEY GILL	CSO	40.00	Officer	$236,120	$0	$236,120
LEE MARTIN	COO	40.00	Officer	$227,471	$0	$227,471
SARAH NEEDHAM	SENIOR DIREC	40.00	Highest	$213,781	$0	$213,781
LAURA KOHLER	SENIOR DIREC	40.00	Highest	$200,310	$0	$200,310
BETH JENSEN	SENIOR DIREC	40.00	Highest	$199,018	$0	$199,018
CECILIA STROMBLAD BRANNSTEN	DIRECTOR	5.00	Director	$0	$0	$0
HEATHER CANON	VICE CHAIR	5.00	Officer Director	$0	$0	$0
HARSHA CHENNA	DIRECTOR	5.00	Director	$0	$0	$0
HELEN CROWLEY	DIRECTOR	5.00	Director	$0	$0	$0
MATT DWYER	EXECUTIVE ME	5.00	Officer Director	$0	$0	$0
ALFREDO FERRE	DIRECTOR	5.00	Director	$0	$0	$0
PAMELA FIERST-WALSH	DIRECTOR	5.00	Director	$0	$0	$0
MEGAN GRAHAM	DIRECTOR	5.00	Director	$0	$0	$0
FLORIAN HEUBRANDNER	DIRECTOR	5.00	Director	$0	$0	$0
ORLANDO RIVERA	TREASURER	5.00	Officer Director	$0	$0	$0
HEINRICH SCHULTZ	DIRECTOR	5.00	Director	$0	$0	$0
AMIT SHAH	SECRETARY	5.00	Officer Director	$0	$0	$0
MARCI ZAROFF	CHAIR	5.00	Officer Director	$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	$33,544,878	$27,304,730	$22,185,568	$6,240,148
2023	$24,104,258	$24,596,799	$15,868,481	$-492,541
2022	$20,469,136	$17,431,708	$16,460,908	$3,037,428
2021	$16,219,596	$10,450,600	$12,297,668	$5,768,996
2020	$8,775,957	$4,927,069	$6,077,157	$3,848,888
2019	$5,108,450	$3,929,442	$2,143,258	$1,179,008

TEXTILE EXCHANGE