ADVANCED TEXTILES ASSOCIATION

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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

1912

Legal Domicile

Principal Officer

STEVEN SCHIFFMAN

Phone

6512256915

Tax Period

2024-06-01 to 2025-05-31

ADVANCED TEXTILES ASSOCIATION, founded in 1912, is a community nonprofit that reported $9.2M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

ATA WILL CONTRIBUTE TO THE PROSPERITY OF ITS MEMBERS IN THE TEXTILES INDUSTRY BY PROVIDING A GLOBAL MARKETPLACE FOR INNOVATIVE PRODUCTS, SERVICES, RELEVANT EDUCATION, PROMOTION AND NETWORKING OPPORTUNITIES. ATA WILL ACT WITH INTEGRITY AND PROFESSIONALISM IN PROVIDING A TANGIBLE VALUE TO ITS MEMBERS.

Program Service Accomplishments

Program 1

MEMBERSHIP:ATA (ADVANCED TEXTILES ASSOCIATION) MEMBERSHIP CONSISTS OF GENERAL MEMBERSHIP DUES, ATA DIVISION AND COUNTRY MEMBERSHIPS, AND COUNCIL DUES. COUNCIL DUES ARE PASSED ONTO THE DIVISION...

MEMBERSHIP:ATA (ADVANCED TEXTILES ASSOCIATION) MEMBERSHIP CONSISTS OF GENERAL MEMBERSHIP DUES, ATA DIVISION AND COUNTRY MEMBERSHIPS, AND COUNCIL DUES. COUNCIL DUES ARE PASSED ONTO THE DIVISION. DURING THE FISCAL YEAR, ATA HAD APPROX 1,400 MEMBERS.

Program 2

TRADE SHOWS:ATA EVENTS INCLUDE THE AT EXPO, GEOSYNTHETICS CONFERENCE, WOMENS CONFERENCE, AND UPHOLSTERY & TRIM CONFERENCE. OTHER ATA DIVISION AND COUNTRY EVENTS ARE SPECIFIC TO THE COST CENTER.

Program 3

PUBLICATIONS:ATA PUBLISHES FOUR TRADE MAGAZINES ALONG WITH A MEMBER DIRECTORY, BUYER'S GUIDES AND EXPOSITION GUIDES. THE ORGANIZATION HAS ALSO EXPANDED INTO DIGITAL PUBLICATIONS. ATA PUBLISHED 31...

PUBLICATIONS:ATA PUBLISHES FOUR TRADE MAGAZINES ALONG WITH A MEMBER DIRECTORY, BUYER'S GUIDES AND EXPOSITION GUIDES. THE ORGANIZATION HAS ALSO EXPANDED INTO DIGITAL PUBLICATIONS. ATA PUBLISHED 31 ISSUES AND 7 PUBLICATIONS IN FY25.

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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 $8,872,708

Investment Income $290,064

Other Revenue $50,136

TOTAL REVENUE $9,212,908

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,423,233

Fundraising Expenses $0

Other Expenses $4,562,470

TOTAL EXPENSES $8,985,703

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,212,908	$8,357,798	+0.1%
Expenses	$8,985,703	$8,629,268	+0.0%
Net Income	$227,205	$-271,470	-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

100

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

$651,813

Total Directors

$6,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE SCHIFFMAN	PRESIDENT AND CEO	37.50	Officer	$262,879	$42,126	$305,005
SHEILA SUMNER	CFO/VICE PRESIDENT OF OPERATIONS	37.50	Officer	$161,014	$10,939	$171,953
AMELIA COLLINS - VICE PRESIDENT	OF EVENTS, SALES & MARKETING	37.50	Officer	$164,281	$4,574	$168,855
SARA SCHAEFER	NATIONAL SALES MANAGER	37.50	Highest	$106,350	$1,519	$107,869
ANGELA WEST - MEDIA AND	EXHIBIT SALES THROUGH 3/7/2025	37.50	Highest	$101,636	$1,653	$103,289
ROY CHISM	CHAIRMAN	3.00	Officer Director	$6,000	$0	$6,000
AMY BIRCHER	IMMEDIATE PAST CHAIRMAN	3.00	Officer Director	$0	$0	$0
CRAIG ZOLA	1ST VICE CHAIRMAN	3.00	Officer Director	$0	$0	$0
WILLIAM MORSE	2ND VICE CHAIRMAN	3.00	Officer Director	$0	$0	$0
TONY EHRBAR	DIRECTOR	3.00	Director	$0	$0	$0
JENNIFER FENNELL	DIRECTOR	3.00	Director	$0	$0	$0
JOHN HENDERSON	DIRECTOR	3.00	Director	$0	$0	$0
RON HOULE	DIRECTOR	3.00	Director	$0	$0	$0
BRET KELLEY	DIRECTOR	3.00	Director	$0	$0	$0
RACHAL MCCARTHY	DIRECTOR BEGINNING 9/26/2024	3.00	Director	$0	$0	$0
JONATHAN PALMER	DIRECTOR	3.00	Director	$0	$0	$0
DAVID SEGAL	DIRECTOR THROUGH 9/26/2024	3.00	Director	$0	$0	$0
MARC SHELLSHEAR	DIRECTOR	3.00	Director	$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
2025	$9,212,908	$8,985,703	$9,626,214	$227,205
2024	$8,357,798	$8,629,268	$9,608,640	$-271,470
2023	$7,654,043	$8,162,567	$8,976,213	$-508,524
2022	$8,259,339	$7,572,046	$7,913,490	$687,293
2021	$5,949,959	$6,168,741	$8,629,550	$-218,782
2020	$7,972,494	$8,050,348	$8,081,167	$-77,854
2019	$8,828,640	$8,880,473	$7,647,778	$-51,833