SOUTHEAST CEMENT PROMOTION ASSOCIATION INC (EIN 364834666) - 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

2016

Legal Domicile

Principal Officer

ROGER FAULKNER

Phone

7702828380

Tax Period

2023-01-01 to 2023-12-31

SOUTHEAST CEMENT PROMOTION ASSOCIATION INC, founded in 2016, is a community nonprofit in the Community Improvement sector that reported $2.8M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $2.6M left a modest 7% surplus.

Mission

THE MISSION OF SOUTHEAST CEMENT PROMOTION ASSOCIATION IS TO GROW MARKET SHARE AND MARKETS FOR CEMENT-BASED PRODUCTS THROUGH EFFECTIVE PROMOTION AND ADVOCACY PROGRAMS. OUR TOP PRIORITIES ARE:- FOCUSED PROMOTION AND ADVOCACY ACTIVITY GENERATING MEASURABLE RESULTS- STEWARDSHIP OF OUR MEMBER'S FUNDING

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,637,859

Program Service Revenue $0

Investment Income $165,443

Other Revenue $31,280

TOTAL REVENUE $2,834,582

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,278,480

Fundraising Expenses $0

Program Expenses $2,292,346

Other Expenses $1,361,623

TOTAL EXPENSES $2,640,103

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,834,582	$2,246,346	+0.3%
Expenses	$2,640,103	$2,485,215	+0.1%
Net Income	$194,479	$-238,869	-1.8%

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

$219,696

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN RINKE	PRESIDENT	2.00	Officer Director	$0	$0	$0
STEWART PARKER	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MIKE KANLIC	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
STEPHEN SNIPES	IMMEDIATE PAST CHAIRMAN	2.00	Officer Director	$0	$0	$0
DON INGRASSANO	DIRECTOR	2.00	Director	$0	$0	$0
JASON CHOJNACKI	DIRECTOR	2.00	Director	$0	$0	$0
TOMMY GRANADE	DIRECTOR	2.00	Director	$0	$0	$0
ROGER FAULKNER	EXECUTIVE DIRECTOR	40.00	Officer	$196,675	$23,021	$219,696
ANDREW JOHNSON	PAVEMENT DESIGN ENGINEER	40.00	Highest	$147,966	$12,787	$160,753
FRANK S BLAND	PAVEMENT APPLICATIONS DIRE	40.00	Highest	$128,450	$21,446	$149,896
DAVID L AVANT	PAVEMENT APPLICATIONS DIRE	40.00	Highest	$108,686	$36,811	$145,497
PHILIP D STOWELL	PAVEMENT APPLICATIONS DIRE	40.00	Highest	$137,395	$12,004	$149,399

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	No data	No data	No data	No data
2023	$2,834,582	$2,640,103	$3,587,968	$194,479
2022	$2,246,346	$2,485,215	$3,540,858	$-238,869
2021	$3,341,654	$2,942,741	$3,544,857	$398,913
2020	$2,503,782	$2,869,124	$3,145,616	$-365,342
2019	$2,916,050	$3,320,653	$3,538,617	$-404,603
2018	$2,975,379	$2,911,802	$3,862,753	$63,577

SOUTHEAST CEMENT PROMOTION ASSOCIATION INC