OHIO ASSOCIATION OF METAL FINISHERS

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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

1948

Legal Domicile

Principal Officer

RANDY SOLGANIK

Phone

3306712191

Tax Period

2024-01-01 to 2024-12-31

OHIO ASSOCIATION OF METAL FINISHERS, founded in 1948, is a micro nonprofit in the Community Improvement sector that reported $40K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $6K, a strong 16% operating margin.

Mission

TO EDUCATE & SHARE INFORMATION AMONG THE MEMBERS.

Program Service Accomplishments

Program 1

DUES PURPOSE: DUES PAID TO THE NATIONAL ASSOCIATION OF METAL FINISHERS ON BEHALF OF THE MEMBERS OF THE OHIO ASSOCIATION TO BE ABLE TO ACCESS NATIONAL PROGRAMS AND ORGANIZATION INFORMATION.

Program 2

DINNER MEETINGS AND BOARD MEETINGS PURPOSE: TO EDUCATE THE MEMBERS THROUGH INFORMATION PRESENTATIONS AND MEETINGS TO SHARE KNOWLEDGE AMONG MEMBERS AND ELECTED OFFICIALS.

Program 3

EDUCATIONAL COURSES PURPOSE: TO EDUCATE THE MEMBERS THROUGH INFORMATION PRESENTED IN A SEMINAR AND CLASSROOM ENVIRONMENT.

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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 $11,858

Program Service Revenue $20,217

Investment Income $1,118

Other Revenue $7,221

TOTAL REVENUE $40,414

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $33,935

TOTAL EXPENSES $33,935

Year-over-Year Comparison

	2024	2023	Change
Revenue	$40,414	$65,523	-0.4%
Expenses	$33,935	$64,497	-0.5%
Net Income	$6,479	$1,026	+5.3%

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

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
REBECCA ARHAR	DIRECTOR	1.00	Director	$0	$0	$0
MEGHAN BATES	DIRECTOR	1.00	Director	$0	$0	$0
JEFF BOEHMER	DIRECTOR	1.00	Director	$0	$0	$0
ISAAC BROWN	DIRECTOR	1.00	Director	$0	$0	$0
MIKE KELLY	DIRECTOR	1.00	Director	$0	$0	$0
BRAD MAJOY	DIRECTOR	1.00	Director	$0	$0	$0
JULIE ORMSBY-MODLIK	DIRECTOR	1.00	Director	$0	$0	$0
BILL SAAS	DIRECTOR EME	1.00	Director	$0	$0	$0
RANDY SOLGANIK	PRESIDENT/TR	1.00	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
2025	No data	No data	No data	No data
2024	$40,414	$33,935	$101,398	$6,479
2023	$65,523	$64,497	$95,838	$1,026
2022	$20,008	$31,361	$94,036	$-11,353
2021	$32,995	$23,257	$105,231	$9,738
2020	$30,079	$22,600	$95,275	$7,479