Painting and Decorating Contractors (EIN 362270072) - 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

1928

Legal Domicile

Principal Officer

Jill Thompson

Phone

3145147322

Tax Period

2024-01-01 to 2024-12-31

Painting and Decorating Contractors, founded in 1928, is a community nonprofit that reported $3.5M in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $2.9M left a modest 15% surplus.

Mission

The associations mission is to unite contractor members to ensure skill, honor and integry in painting. Our standards elevate the ethics and image of the painting organization.

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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 $729,146

Program Service Revenue $2,628,803

Investment Income $23,956

Other Revenue $68,737

TOTAL REVENUE $3,450,642

Expense Breakdown

Grants Paid $0

Salaries & Benefits $542,792

Fundraising Expenses $0

Other Expenses $2,367,570

TOTAL EXPENSES $2,946,853

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,450,642	$2,542,322	+0.4%
Expenses	$2,946,853	$2,327,039	+0.3%
Net Income	$503,789	$215,283	+1.3%

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

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

$228,662

Total Directors

$60,970

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jill Thompson	Executive Director	40.00	Officer	$172,500	$0	$172,500
Nick Slavick	Chair	5.00	Officer Director	$56,162	$0	$56,162
Nigel Costolloe	Executive Director - Former	40.00	Director	$4,808	$0	$4,808
Rob Sheehan	Director	5.00	Director	$0	$0	$0
Chris Elliot	Director	5.00	Director	$0	$0	$0
Jaun Vasquez	Director	5.00	Director	$0	$0	$0
Gabby Torres	Director	0.00	Director	$0	$0	$0
Jason Paris	Director	5.00	Director	$0	$0	$0
David Graham	Treasurer	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	$3,450,642	$2,946,853	$2,763,044	$503,789
2023	$2,542,322	$2,327,039	$1,852,263	$215,283
2022	$2,002,475	$2,028,896	$1,558,200	$-26,421
2021	$1,259,349	$1,211,602	$1,053,782	$47,747
2020	$1,392,559	$1,198,012	$803,228	$194,547
2018	$1,269,520	$1,267,992	$1,019,440	$1,528

Painting and Decorating Contractors