CORALVILLE, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ASFONA INC, founded in 2004, is a micro nonprofit that reported $5 in total revenue in fiscal year 2022. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $8K exceeded revenue, resulting in a 160340% operating deficit.
ASFONA IS AN ORGANIZATION REPRESENTING OWNERS/OPERATORS OF STARWOOD'S LEGACY HOTEL BRANDS WITH THEIR INTEGRATION INTO THE MARRIOTT PORTFOLIO. ALSO, TO REPRESENT ITS BOARD MEMBERS ORGANIZATIONS FRANCHISE INTERESTS TO OTHER HOTEL COMPANY BRANDS. ASFONA IS AN ORGANIZATION COMPRISING OWNERS AND OWNER'S REPRESENTATIVES OF SHERATON, FOUR POINTS BY SHERATON, ST REGIS, THE LUXORY COLLECTION, LE MERIDIEN, W HOTELS, ELEMENT AND ALOFT BRANDED HOTELS, KNOWN COLLECTIVELY AS STARWOOD'S LEGACY BRANDS. ASFONA'S MANDATE IS TO INTERACT WITH MARRIOTT INTERNATIONAL IN THE SUCCESSFUL INTEGRATION INTO THE MARRIOTT ORGANIZATION OF ALL OF THE STARWOOD LEGACY BRANDS TOGETHER WITH ADVICE AND COUNCIL ON ALL OTHER ISSUES THAT IMPACT ITS MEMBER'S BUSINESSES. ALSO, THROUGH BRAND DEDICATED BOARD MEETINGS TO ENSURE ITS BOARD MEMBERS ORGANIZATIONS BUSINESS ISSUES/PRIORITIES ARE FORMALLY IDENTIFIED AND PROPERLY ADDRESSED. TOGETHER WITH MARRIOTT, ASFONA'S GOAL IS TO ENSURE THAT THE STARWOOD LEGACY BRANDS CONTINUE TO BE POSITIONED AS LEADERS IN THE INDUSTRY, THAT THEY DELIVER THE HIGHEST POSSIBLE CUSTOMER SATISFACTION LEVELS AND ALSO THE DESIRED RETURN ON INVESTMENT TO THEIR OWNERS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $5 | $80,062 | -1.0% |
| Expenses | $8,022 | $82,844 | -0.9% |
| Net Income | $-8,017 | $-2,782 | +1.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOHN SHINGLER | PRESIDENT - CEO | 40.00 |
Officer
Director
|
$0 | $1,699 | $1,699 |
| HUNG LUK | VP - SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PAUL WISCHERMANN | VP - MEMBERSHIPS | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRUCE KINSETH | VP - TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAY MAHAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MATTHEW COX | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVE JOHNSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GREG MILLER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BEN SEIDEL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK SHARKEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SUHAS NAIK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SLOAN DEAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $5 | $8,022 | $5,142 | $-8,017 |
| 2021 | $80,062 | $82,844 | $13,159 | $-2,782 |
| 2020 | $120,077 | $156,216 | $15,941 | $-36,139 |
| 2019 | $293,927 | $283,885 | $52,080 | $10,042 |
| 2018 | $364,802 | $376,434 | $42,038 | $-11,632 |
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