COMMON ARC CORPORATION (EIN 363595141) - 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

1988

Legal Domicile

Phone

6302328378

Tax Period

2024-01-01 to 2024-12-31

COMMON ARC CORPORATION, founded in 1988, is a small nonprofit that reported $969K in total revenue in fiscal year 2024.

Mission

FOSTER & ADVANCE THE INTERESTS OF CONSTRUCTION BOILERMAKER EMPLOYERS BY PROMOTING HIGH STANDARDS OF QUALITY & PERFORMANCE FOR WELDERS IN THE CONSTRUCTION INDUSTRY BY A VOLUNTARY SYSTEM OF CERTIFICATION OF WELDERS & DISTRIBUTION OF RELEVANT INFORMATION.

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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 $0

Program Service Revenue $967,530

Investment Income $1,051

Other Revenue $0

TOTAL REVENUE $968,581

Expense Breakdown

Grants Paid $0

Salaries & Benefits $371,602

Fundraising Expenses $0

Other Expenses $596,593

TOTAL EXPENSES $968,195

Year-over-Year Comparison

	2024	2023	Change
Revenue	$968,581	$982,920	0.0%
Expenses	$968,195	$929,126	+0.0%
Net Income	$386	$53,794	-1.0%

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

$294,406

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RONALD TRAXLER	EXEC ADMIN	40.00	Officer	$294,406	$0	$294,406
MIKE BRAY	Chairman	2.00	Officer Director	$0	$0	$0
TIMOTHY SIMMONS	Sec/Treas	2.00	Officer Director	$0	$0	$0
DANIEL SULIVAN	Director	2.00	Director	$0	$0	$0
LAURIE LAUBE	Director	2.00	Director	$0	$0	$0
JOHN FULTZ	Director	2.00	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	$968,581	$968,195	$378,661	$386
2023	$982,920	$929,126	$355,456	$53,794
2022	$1,057,480	$1,042,848	$302,469	$14,632
2021	$870,589	$868,588	$291,421	$2,001
2020	$898,606	$936,663	$292,492	$-38,057
2019	$1,062,497	$1,095,547	$329,329	$-33,050
2018	$1,468,748	$1,470,393	$355,957	$-1,645

COMMON ARC CORPORATION