NATIONAL HARDWOOD LUMBER ASSOCIATION (EIN 361523350) - 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

1901

Legal Domicile

Principal Officer

DALLIN BROOKS

Phone

9013771818

Tax Period

2023-01-01 to 2023-12-31

NATIONAL HARDWOOD LUMBER ASSOCIATION, founded in 1901, is a community nonprofit that reported $4.2M in total revenue in fiscal year 2023.

Mission

TO SERVE NHLA MEMBERS IN THE NORTH AMERICAN HARDWOOD LUMBER INDUSTRY BY: MAINTAINING ORDER, STRUCTURE, AND ETHICS IN THE HARDWOOD MARKETPLACE; PROVIDING SPECIALIZED MEMBER SERVICES UNIQUE TO THE HARDWOOD INDUSTRY; ASSURING SUSTAINABLE AND AVAILABLE SAW TIMBER TO MEET MEMBERS' NEEDS; BUILDING POSITIVE RELATIONSHIPS WITHIN THE HARDWOOD COMMUNITY.

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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 $1,762,985

Program Service Revenue $2,065,032

Investment Income $58,571

Other Revenue $292,461

TOTAL REVENUE $4,179,049

Expense Breakdown

Grants Paid $50,000

Salaries & Benefits $2,106,203

Fundraising Expenses $0

Program Expenses $3,437,781

Other Expenses $2,181,150

TOTAL EXPENSES $4,337,353

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,179,049	$3,926,488	+0.1%
Expenses	$4,337,353	$3,917,374	+0.1%
Net Income	$-158,304	$9,114	-18.4%

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

$423,327

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JON SYRE	PRESIDENT	4.00	Officer Director	$0	$0	$0
BUCKY PESCAGLIA	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JEFF WIRKKALA	PAST PRESIDENT	0.50	Officer Director	$0	$0	$0
ED ARMBRUSTER	DIRECTOR	0.50	Director	$0	$0	$0
GEORGE BACH	DIRECTOR	0.50	Director	$0	$0	$0
ERIC BOER	DIRECTOR	0.50	Director	$0	$0	$0
PARKER BOLES	DIRECTOR	0.50	Director	$0	$0	$0
JOSH BRENNAN	DIRECTOR	0.50	Director	$0	$0	$0
WG BUCHANAN	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT CABRAL	DIRECTOR	0.50	Director	$0	$0	$0
TOM COBLE	DIRECTOR	0.50	Director	$0	$0	$0
BILL COURTNEY	DIRECTOR	0.50	Director	$0	$0	$0
BURT CRAIG	DIRECTOR	0.50	Director	$0	$0	$0
GREG FITZPATRICK	DIRECTOR	0.50	Director	$0	$0	$0
BRANT FORCEY	DIRECTOR	0.50	Director	$0	$0	$0
SAM GLIDDEN	DIRECTOR	0.50	Director	$0	$0	$0
JOHN GRIFFIN	DIRECTOR	0.50	Director	$0	$0	$0
MATT GUTCHESS	DIRECTOR	0.50	Director	$0	$0	$0
MONICA HASTINGS	DIRECTOR	0.50	Director	$0	$0	$0
BRIN LANGMUIR	DIRECTOR	0.50	Director	$0	$0	$0
DENNIS MANN	DIRECTOR	0.50	Director	$0	$0	$0
CAMERON MCRAE	DIRECTOR	0.50	Director	$0	$0	$0
TOM OILAR	DIRECTOR	0.50	Director	$0	$0	$0
TOM PLAUGHER	DIRECTOR	0.50	Director	$0	$0	$0
TIM PLEIMANN	DIRECTOR	0.50	Director	$0	$0	$0
JOE PRYOR	DIRECTOR	0.50	Director	$0	$0	$0
CHRIS RIDER	DIRECTOR	0.50	Director	$0	$0	$0
RICHARD SOLANO	DIRECTOR	0.50	Director	$0	$0	$0
GEORGE SWANER	DIRECTOR	0.50	Director	$0	$0	$0
STEPHANIE VANDYSTADT	DIRECTOR	0.50	Director	$0	$0	$0
GUS WELTER	DIRECTOR	0.50	Director	$0	$0	$0
RAY D WHITE	DIRECTOR	0.50	Director	$0	$0	$0
TRENT YODER	DIRECTOR	0.50	Director	$0	$0	$0
JOE ZONA	DIRECTOR	0.50	Director	$0	$0	$0
BILL BRADLEY	LEGAL COUNSEL	0.50	Director	$0	$0	$0
DALLIN BROOKS	EXECUTIVE DIRECTOR	40.00	Officer	$273,511	$36,546	$310,057
DESIREE C FREEMAN	CONTROLLER	40.00	Officer	$110,057	$3,213	$113,270
DANA P SPESSERT	CHIEF INSPECTOR	40.00	Highest	$133,202	$15,328	$148,530
RENEE HORNSBY	CHIEF OPERATING OFFICER	40.00	Highest	$114,426	$12,016	$126,442
JOHN HESTER	CHIEF DEVELOPMENT OFFICER	40.00	Highest	$110,657	$6,027	$116,684

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	$4,179,049	$4,337,353	$3,579,058	$-158,304
2022	$3,926,488	$3,917,374	$3,539,136	$9,114
2021	$3,568,393	$3,212,296	$3,336,972	$356,097
2020	$2,666,195	$2,680,460	$2,806,004	$-14,265
2019	$3,845,249	$4,142,897	$3,094,964	$-297,648
2018	$3,763,845	$3,905,499	$2,917,344	$-141,654

NATIONAL HARDWOOD LUMBER ASSOCIATION