FOOD & DRUG COUNCIL INC (EIN 371543993) - 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

2007

Legal Domicile

Principal Officer

JAMES McLAUGHLIN

Phone

8185917482

Tax Period

2023-01-01 to 2023-12-31

FOOD & DRUG COUNCIL INC, founded in 2007, is a small nonprofit in the Employment sector that reported $367K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $104K, a strong 28% operating margin.

Mission

TO AID AND ASSIST ITS AFFILIATES IN THE ORGANIZATION OF ALL WORKERS REGARDLESS OF RELIGION, CREED, COLOR, NATIONAL ORIGIN, AGE, OR SEX.TO AID AND ASSIST ITS AFFILIATES IN SECURING IMPROVED WORKING CONDITIONS AND OTHER ECONOMIC ADVANTAGES AND COORDINATION OF THEIR ACTIVITIES AND THROUGH PARTICIPATION IN THE LABOR MOVEMENTS AND THE COMMUNITY AND THROUGH OTHER LAWFUL METHODS.TO AID AND ASSIST ITS AFFILIATES IN THE ADJUSTMENT AND SETTLEMENT OF ANY LABOR DISPUTES.

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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 $0

Program Service Revenue $359,553

Investment Income $7,045

Other Revenue $0

TOTAL REVENUE $366,598

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $263,097

TOTAL EXPENSES $263,097

Year-over-Year Comparison

	2023	2022	Change
Revenue	$366,598	$326,459	+0.1%
Expenses	$263,097	$258,838	+0.0%
Net Income	$103,501	$67,621	+0.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAT LOO	Trustee	2.00	Director	$0	$0	$0
ELLEN ANREDER	Trustee	2.00	Director	$0	$0	$0
JACQUES LOVEALL	Trustee	2.00	Director	$0	$0	$0
JAMES McLAUGHLIN	President	2.00	Officer	$0	$0	$0
MIKE GITTINGS	Secretary	2.00	Officer	$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	No data	No data	No data	No data
2023	$366,598	$263,097	$407,009	$103,501
2022	$326,459	$258,838	$307,054	$67,621
2018	$310,002	$186,490	$169,900	$123,512

FOOD & DRUG COUNCIL INC