FIBRE BOX ASSOCIATION

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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

1940

Legal Domicile

Principal Officer

ROBERT MCILVAINE

Phone

8473649600

Tax Period

2023-01-01 to 2023-12-31

FIBRE BOX ASSOCIATION, founded in 1940, is a community nonprofit that reported $4.7M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $929K, a strong 20% operating margin.

Mission

TO BRING TOGETHER NORTH AMERICAN CORRUGATED PAPERBOARD PRODUCTS MANUFACTURERS AS AN ORGANIZATION TO PROVIDE THE MEMBERSHIP, IN A LAWFUL MANNER, WITH SERVICES TO MORE EFFECTIVELY, RESPONSIBLY AND EFFICIENTLY CONDUCT THEIR BUSINESSES WHILE ACHIEVING IMPROVEMENT IN THE OVERALL CORRUGATED INDUSTRY'S WELLBEING.

Program Service Accomplishments

Program 1

ENHANCEMENT OF INDUSTRY BY PROVIDING UNIFORM STANDARDS, EDUCATIONAL PROGRAMS, PROMOTION, AND DISSEMINATION OF INFORMATION TO ITS APPROXIMATELY 116 MEMBERS.

Program 2

COORDINATING AN EFFORT WITHIN THE INDUSTRY TO RESPOND TO THE U.S. ENVIRONMENTAL PROTECTION AGENCY.

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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 $4,695,064

Investment Income $3

Other Revenue $0

TOTAL REVENUE $4,695,067

Expense Breakdown

Grants Paid $21,114

Salaries & Benefits $2,306,541

Fundraising Expenses $0

Other Expenses $1,438,065

TOTAL EXPENSES $3,765,720

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,695,067	$3,864,655	+0.2%
Expenses	$3,765,720	$3,703,127	+0.0%
Net Income	$929,347	$161,528	+4.8%

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

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

$680,772

Total Directors

$293,007

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRYAN HOLLENBACH	CHAIRMAN	2.00	Officer Director	$0	$0	$0
TIM BERGWALL	FIRST VICE-CHAIRMAN	2.00	Officer Director	$0	$0	$0
ROB BARGER	IMMEDIATE PAST CHAIRMAN	2.00	Officer Director	$0	$0	$0
DOUG BOSNIK	SECOND VICE-CHAIRMAN	2.00	Officer Director	$0	$0	$0
ANDREW AKERS	DIRECTOR	2.00	Director	$0	$0	$0
CATHY FOLEY	DIRECTOR	2.00	Director	$0	$0	$0
CHARLES MALO	DIRECTOR	2.00	Director	$0	$0	$0
CLAY SHAW	DIRECTOR	2.00	Director	$0	$0	$0
DAVE BOLES	DIRECTOR	2.00	Director	$0	$0	$0
GREG ARVANIGIAN	DIRECTOR	2.00	Director	$0	$0	$0
GREG TUCKER	DIRECTOR	2.00	Director	$0	$0	$0
JACK FITERMAN	DIRECTOR	2.00	Director	$0	$0	$0
JEFF KASER	DIRECTOR	2.00	Director	$0	$0	$0
JOE PALMERI JR	DIRECTOR	2.00	Director	$0	$0	$0
JUAN PABLO PEREZ	DIRECTOR	2.00	Director	$0	$0	$0
KEN MELLO	DIRECTOR	2.00	Director	$0	$0	$0
KIM NELSON	DIRECTOR	2.00	Director	$0	$0	$0
LISA HIRSH	DIRECTOR	2.00	Director	$0	$0	$0
MIKE RIEGSECKER	DIRECTOR	2.00	Director	$0	$0	$0
PATRICK KIVITS	DIRECTOR	2.00	Director	$0	$0	$0
STEVEN ROSE	DIRECTOR	2.00	Director	$0	$0	$0
TOM HAMIC	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT MCILVAINE	PRESIDENT	50.00	Officer Director	$285,219	$7,788	$293,007
RACHEL KENYON	SENIOR VICE PRESIDENT	50.00	Officer	$301,723	$86,042	$387,765
MARGARET LACY	DIRECTOR, ADMINISTRATION &	50.00	Highest	$195,820	$64,156	$259,976
CAITLIN SALAVERRIA	DIRECTOR OF MARKETING COMM	50.00	Highest	$161,528	$51,292	$212,820
MARY DRAIN	DIRECTOR OF TECHNICAL, ENV	50.00	Highest	$116,762	$25,261	$142,023
CHASE KAMMERER	STAFF	50.00	Highest	$124,401	$14,449	$138,850
VICTORIA MIKSIS	STAFF	50.00	Highest	$111,835	$21,235	$133,070
DENNIS COLLEY	PAST PRESIDENT	50.00		$428,316	$68,656	$496,972

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	$4,695,067	$3,765,720	$1,479,750	$929,347
2022	$3,864,655	$3,703,127	$2,067,902	$161,528
2021	$3,611,412	$3,369,935	$1,560,987	$241,477
2020	$3,629,808	$3,838,622	$1,453,302	$-208,814
2019	$3,770,065	$3,951,841	$1,629,590	$-181,776
2018	$3,845,635	$3,755,308	$1,986,921	$90,327