Apparel Industry Board Inc

EIN: 363585639 501(c)(3) Community Improvement

Chicago, IL

Total Revenue
$207,450
Total Expenses
$177,787
Total Assets
$112,446
Net Assets
$-6,527
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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
1988
Legal Domicile
IL
Principal Officer
Ambar Campos
Phone
3128361041
Tax Period
2023-01-01 to 2023-12-31

Apparel Industry Board Inc, founded in 1988, is a small nonprofit in the Community Improvement sector that reported $207K in total revenue in fiscal year 2023. Revenue surged 693% from the prior year, signaling strong growth momentum. Expenses of $178K left a modest 14% surplus.

Mission

Provide support to the sewn products industry in Chicago and supporr to new entrants into the 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $194,122
Program Service Revenue $7,496
Investment Income $0
Other Revenue $5,832
TOTAL REVENUE $207,450

Expense Breakdown

Grants Paid $273
Salaries & Benefits $78,725
Fundraising Expenses $0
Program Expenses $55,773
Other Expenses $98,789
TOTAL EXPENSES $177,787

Year-over-Year Comparison

2023 2022 Change
Revenue $207,450 $26,160 +6.9%
Expenses $177,787 $21,727 +7.2%
Net Income $29,663 $4,433 +5.7%
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

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Governance

Voting Members
6
Independent Members
6
Employees
2
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
1
$41,667
Total Directors
4
$0
Key Employees
1
$41,667
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ambar Campos Exec director 040.00
Officer Key Emp Highest
$41,667 $0 $41,667
Laura Lein President N/A
Director
$0 $0 $0
Maria Vathis Treasurer N/A
Director
$0 $0 $0
Caroline Becker-Joss Vice president N/A
Director
$0 $0 $0
Xochil Herrera Secretary N/A
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
2023 $207,450 $177,787 $112,446 $29,663
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