COIN LAUNDRY 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

1961

Legal Domicile

Principal Officer

BRIAN WALLACE

Phone

6309537920

Tax Period

2025-01-01 to 2025-12-31

COIN LAUNDRY ASSOCIATION, founded in 1961, is a community nonprofit in the Community Improvement sector that reported $3.2M in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

TO BE THE PREEMINENT RESOURCE IN THE LAUNDRY INDUSTRY BY PROVIDING LAUNDRY OPERATORS WITH THE CONNECTIVITY, ADVOCACY, EDUCATION AND UNBIASED INDUSTRY RESEARCH REQUIRED TO GROW GREAT BUSINESS OWNER / OPERATORS.

Program Service Accomplishments

Program 1

Expenses: $918,156

PLANETLAUNDRY IS THE ASSOCIATION'S PRINT AND DIGITAL PUBLICATION TARGETED TO MORE THAN 10,000 MEMBERS AND POTENTIAL INVESTORS IN THE SELF-SERVICE LAUNDRY INDUSTRY EACH MONTH. THE PRINT MAGAZINE HAS BEEN EDUCATING THE INDUSTRY ON BEST PRACTICES FOR MORE THAN 25 YEARS; AND THE PLANETLAUNDRY WEBSITE (WWW.PLANETLAUNDRY.COM) WELCOMED NEARLY 80,000 UNIQUE VISITORS IN 2025 AFFORDING ACCESSS TO THE MOST CURRENT INFORMATION ON THE LAUNDRY INDUSTRY THROUGH NEWS, BLOGS, DISCUSSION BOARDS, PODCASTS AND MORE. THE PLANETLAUNDRY BRAND HAS BECOME SYNONYMOUS WITH EXCELLENCE IN PUBLISHING FOR THE SELF-SERVICE LAUNDRY INDUSTRY AND IS THE MOST WIDELY READ PUBLICATION IN THE INDUSTRY.

Program 2

Expenses: $597,333

MEMBER SERVICES DEDICATED TO IMPROVING THE PROFITABILITY AND UNDERSTANDING OF THE COIN LAUNDRY AND DRYCLEANING INDUSTRY INCLUDING INDUSTRY MARKETING AND PROVIDING EDUCATIONAL MATERIALS.

Program 3

Expenses: $884,477

VARIOUS MEETINGS, WORKSHOPS AND CONFERENCES TO EDUCATE AND UPDATE MEMBERS AND OTHERS ON TOPICS RELATING TO THE COIN LAUNDRY 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 (2025)

Revenue Breakdown

Contributions & Grants $491,211

Program Service Revenue $1,958,835

Investment Income $552,864

Other Revenue $219,643

TOTAL REVENUE $3,222,553

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,246,756

Fundraising Expenses $0

Program Expenses $2,451,482

Other Expenses $1,942,611

TOTAL EXPENSES $3,189,367

Year-over-Year Comparison

	2025	2024	Change
Revenue	$3,222,553	$2,844,815	+0.1%
Expenses	$3,189,367	$2,848,350	+0.1%
Net Income	$33,186	$-3,535	-10.4%

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

$355,899

Total Directors

Key Employees

$179,745

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN HOLLAND	IMMEDIATE PAST CHAIR	3.50	Officer Director	$0	$0	$0
ROBERT E MAES	CHAIR	3.50	Officer Director	$0	$0	$0
NEAL SHAPIRO	CHAIR-ELECT	3.50	Officer Director	$0	$0	$0
DENNIS DIAZ	TREASURER	3.50	Officer Director	$0	$0	$0
YVETTE MORTON WILLIAMS	EXECUTIVE COMMITTEE APPOIN	3.50	Director	$0	$0	$0
PAUL HANSEN	DIRECTOR	1.50	Director	$0	$0	$0
ALEX HARRIS	DIRECTOR	1.50	Director	$0	$0	$0
AMANDA KONCZAL	DIRECTOR	1.50	Director	$0	$0	$0
JASON FLECK	DIRECTOR	1.50	Director	$0	$0	$0
KEVIN BUTORAC	DIRECTOR	1.50	Director	$0	$0	$0
CHRIS SCHULTZ	DIRECTOR	1.50	Director	$0	$0	$0
RYAN SPICER	DIRECTOR	1.50	Director	$0	$0	$0
PETER MAYBERRY	DIRECTOR	1.50	Director	$0	$0	$0
ROSS DODDS	DIRECTOR	1.50	Director	$0	$0	$0
ALAA ELBANNA	DIRECTOR	1.50	Director	$0	$0	$0
JAMIE SEWELL	DIRECTOR	1.50	Director	$0	$0	$0
BRIAN WALLACE	PRESIDENT & CEO	37.00	Officer	$323,468	$32,431	$355,899
DANIELLE BAUER	DIRECTOR OF MEMBERSHIP & E	40.00	Key Emp	$161,160	$18,585	$179,745
ANTONIKA THOMAS	ADVERTISING SALES AND BUSI	40.00	Highest	$114,828	$12,663	$127,491
DANIEL NAUMANN	LCF EXECUTIVE VICE PRESIDE	1.00	Highest	$134,600	$6,624	$141,224
CHRISTINA GONZALEZ	DIRECTOR OF FINANCE AND HUMAN RESOURCES	33.00	Highest	$105,110	$11,957	$117,067

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	$3,222,553	$3,189,367	$5,131,552	$33,186
2024	No data	No data	No data	No data
2023	$2,569,815	$2,766,179	$4,808,231	$-196,364
2022	$2,095,086	$2,436,853	$4,685,793	$-341,767
2021	$1,925,737	$1,967,791	$5,762,478	$-42,054
2020	$1,431,068	$1,727,281	$5,459,531	$-296,213
2019	$5,688,741	$2,316,724	$4,961,531	$3,372,017
2018	$1,972,633	$2,173,850	$1,636,994	$-201,217