Equipment and Tool Institute (EIN 381268971) - 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

1947

Legal Domicile

Principal Officer

Brian Plott

Phone

2486565080

Tax Period

2023-01-01 to 2023-12-31

Equipment and Tool Institute, founded in 1947, is a small nonprofit that reported $981K in total revenue in fiscal year 2023. Expenses of $1.4M exceeded revenue, resulting in a 40% operating deficit.

Mission

Promote closer relationships among auto equipment tool manufacturers including technical info providers. To promote info exchange between auto manufacturers and members for the benefit of consumers as well as members.

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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 $710,814

Program Service Revenue $208,187

Investment Income $1,819

Other Revenue $59,920

TOTAL REVENUE $980,740

Expense Breakdown

Grants Paid $0

Salaries & Benefits $651,499

Fundraising Expenses $0

Other Expenses $719,271

TOTAL EXPENSES $1,370,770

Year-over-Year Comparison

	2023	2022	Change
Revenue	$980,740	$972,580	+0.0%
Expenses	$1,370,770	$1,212,111	+0.1%
Net Income	$-390,030	$-239,531	+0.6%

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

Total Directors

Key Employees

$347,770

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brian Plott	Executive Manager	050.00	Key Emp	$186,305	$0	$186,305
Greg Potter	Technical Director	050.00	Key Emp	$161,465	$0	$161,465
Mike Laferle	Director	001.00	Director	$0	$0	$0
Mike Simon	Director	001.00	Director	$0	$0	$0
Kim Cottle	Director	001.00	Director	$0	$0	$0
Christer Larson	Director	001.00	Director	$0	$0	$0
Chris Chesney	Director	001.00	Director	$0	$0	$0
Brian Herron	Director	001.00	Director	$0	$0	$0
Chris Bowman	Director	001.00	Director	$0	$0	$0
Chuck Olsen	Director	001.00	Director	$0	$0	$0
Robert Vogt	Director	001.00	Director	$0	$0	$0
Bob Augustine	President	002.00	Officer	$0	$0	$0
Eri Muca	VP Marketing	002.00	Officer	$0	$0	$0
David Rich	Imed Past President	002.00	Officer	$0	$0	$0
Chris Bahlman	VP Programs	002.00	Officer	$0	$0	$0
Carl Evered	Secretary-Treasurer	002.00	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	$980,740	$1,370,770	$1,033,887	$-390,030
2023	No data	No data	No data	No data
2022	$972,580	$1,212,111	$1,297,889	$-239,531
2021	$791,782	$932,981	$1,466,341	$-141,199
2020	$788,483	$672,800	$1,744,593	$115,683
2019	$965,296	$1,009,822	$1,538,042	$-44,526
2018	$908,480	$821,877	$1,580,245	$86,603

Equipment and Tool Institute