ASSOCIATION OF TEST PUBLISHERS

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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

1993

Legal Domicile

Principal Officer

ERIN N HIGHLANDER WILLIAMS

Phone

7177559747

Tax Period

2025-01-01 to 2025-12-31

ASSOCIATION OF TEST PUBLISHERS, founded in 1993, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2025. Expenses of $2.4M left a modest 7% surplus.

Mission

TO DEVELOP AND PROMOTE BEST PRACTICES IN TESTING AND ASSESSMENT TO BENEFIT TEST-TAKERS, BUSINESSES, EDUCATIONAL ORGANIZATIONS, AND SOCIETY.

Program Service Accomplishments

Program 1

EDUCATION - PROVIDES EDUCATION AND TRAINING PROGRAMS FOR ITS MEMBERS INCLUDING NEWSLETTERS AND JOURNALS, CONFERENCES AND ANNUAL MEETINGS, AND THROUGH ITS PROGRAMS FOSTER AN ENVIRONMENT THAT PROMOTES...

Program 2

ADVOCACY - MONITORS LEGISLATIVE, LEGAL, AND REGULATORY BODIES THAT COMMONLY DEAL WITH TESTING ISSUES. THIS EFFORT REFLECTS ITS MISSION TO INFORM THE PUBLIC AND GOVERNMENTAL BODIES ABOUT THE...

ADVOCACY - MONITORS LEGISLATIVE, LEGAL, AND REGULATORY BODIES THAT COMMONLY DEAL WITH TESTING ISSUES. THIS EFFORT REFLECTS ITS MISSION TO INFORM THE PUBLIC AND GOVERNMENTAL BODIES ABOUT THE CONTRIBUTIONS AND CRITICAL ROLE THAT PROFESSIONALLY DEVELOPED AND ADMINISTERED TESTS PLAY IN OUR SOCIETY.

Program 3

INFORMATION - KEEP MEMBERS INFORMED OF LEGISLATIVE INITIATIVES AT FEDERAL AND STATE LEVELS. ALL MEMBERS ARE INFORMED OF CHANGES AS THEY OCCUR.

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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 $0

Program Service Revenue $2,451,089

Investment Income $50,301

Other Revenue $41,539

TOTAL REVENUE $2,542,929

Expense Breakdown

Grants Paid $0

Salaries & Benefits $761,588

Fundraising Expenses $31,459

Other Expenses $1,595,783

TOTAL EXPENSES $2,357,371

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,542,929	$2,581,682	0.0%
Expenses	$2,357,371	$2,618,209	-0.1%
Net Income	$185,558	$-36,527	-6.1%

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

125

Independent Members

125

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

$695,557

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR WILLIAM G HARRIS	CHIEF EXECUT	45.00	Officer	$424,066	$78,055	$502,121
ERIN N HIGHLANDER WILLIAMS	DIRECTOR OF	45.00	Officer	$115,016	$0	$115,016
NENA HOLLIS	DIRECTOR OF	45.00	Officer	$78,420	$0	$78,420
ANDRE ALLEN	SECRETARY	N/A	Director	$0	$0	$0
GARY BEHRENS	BOARD MEMBER	N/A	Director	$0	$0	$0
ERIC D'ASTOLFO	TREASURER	N/A	Director	$0	$0	$0
SUSAN DAVIS-BECKER	BOARD MEMBER	N/A	Director	$0	$0	$0
STEPHANIE DILLE	BOARD MEMBER	N/A	Director	$0	$0	$0
NIKKI EATCHEL	BOARD MEMBER	N/A	Director	$0	$0	$0
DIANE HENDERSON	BOARD MEMBER	N/A	Director	$0	$0	$0
JOY MATTHEWS-LOPEZ	BOARD MEMBER	N/A	Director	$0	$0	$0
RORY MCCORKLE	BOARD MEMBER	N/A	Director	$0	$0	$0
PAUL MUIR	BOARD MEMBER	N/A	Director	$0	$0	$0
LIBERTY MUNSON	BOARD MEMBER	N/A	Director	$0	$0	$0
ALEX TONG	BOARD MEMBER	N/A	Director	$0	$0	$0
DAVID WALDSCHMIDT	BOARD MEMBER	N/A	Director	$0	$0	$0
ADA WOO	CHAIR OF THE	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
2025	$2,542,929	$2,357,371	$2,953,149	$185,558
2024	$2,581,682	$2,618,209	$2,654,908	$-36,527
2023	$2,497,570	$2,492,795	$2,635,182	$4,775
2022	$2,438,818	$2,186,870	$2,415,085	$251,948
2021	$1,561,307	$1,396,990	$2,116,516	$164,317
2020	$1,860,442	$1,585,712	$1,326,830	$274,730
2019	$2,538,524	$2,317,731	$1,722,124	$220,793
2018	$2,458,926	$2,453,505	$1,551,150	$5,421