CARPET CUSHION COUNCIL (EIN 382129393) - 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

1976

Legal Domicile

Phone

4846875170

Tax Period

2024-01-01 to 2024-12-31

CARPET CUSHION COUNCIL, founded in 1976, is a small nonprofit that reported $301K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $333K exceeded revenue, resulting in a 11% operating deficit.

Mission

THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROMOTE, SUPPORT AND DISSEMINATE INFORMATION TO THE PUBLIC FOR THE CARPET CUSHION INDUSTRY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $278,037

Investment Income $23,092

Other Revenue $0

TOTAL REVENUE $301,129

Expense Breakdown

Grants Paid $0

Salaries & Benefits $82,688

Fundraising Expenses $0

Program Expenses $305,205

Other Expenses $250,798

TOTAL EXPENSES $333,486

Year-over-Year Comparison

	2024	2023	Change
Revenue	$301,129	$255,276	+0.2%
Expenses	$333,486	$288,643	+0.2%
Net Income	$-32,357	$-33,367	0.0%

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

$82,688

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRUCE CHOI	DIRECTOR	0.50	Director	$0	$0	$0
KARL GUST	DIRECTOR	0.50	Director	$0	$0	$0
JUDD COLLIER	DIRECTOR	0.50	Director	$0	$0	$0
JACOB JACKSON	DIRECTOR	0.50	Director	$0	$0	$0
ANDREW MUIR	DIRECTOR	0.50	Director	$0	$0	$0
JEFF CARTER	PRESIDENT	0.50	Officer	$0	$0	$0
MARSHALL MURPHY	VICE PRESIDENT	0.50	Officer	$0	$0	$0
JOHN FINK	TREASURER	0.50	Officer	$0	$0	$0
JOSH MARTENN	SECRETARY	0.50	Officer	$0	$0	$0
BOB CLARK	EXECUTIVE DIR.	40.00	Officer	$82,688	$0	$82,688

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	$301,129	$333,486	$661,004	$-32,357
2023	$255,276	$288,643	$675,905	$-33,367
2022	$255,146	$241,720	$747,018	$13,426
2021	$241,648	$259,219	$712,135	$-17,571
2020	$241,826	$275,497	$719,417	$-33,671
2019	$237,961	$216,754	$750,397	$21,207
2018	$308,678	$251,469	$730,781	$57,209

CARPET CUSHION COUNCIL