COMMERCIAL VEHICLE SOLUTIONS NETWORK (EIN 420761277) - 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

1941

Legal Domicile

Principal Officer

IAN JOHNSTON

Phone

8555192876

Tax Period

2024-01-01 to 2024-12-31

COMMERCIAL VEHICLE SOLUTIONS NETWORK, founded in 1941, is a community nonprofit in the Employment sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum.

Mission

EDUCATE AND TRAIN AFTERMARKET DISTRIBUTORS SERVING THE TRANSPORTATION INDUSTRY. THE ORGANIZATION SERVES AS THE UNIFIED VOICE OF THE INDEPENDENT AFTERMARKET DISTRIBUTOR AND CONTINUALLY PROVIDES EDUCATION AND TRAINING FOR ITS MEMBERS WITH THE GOAL OF ACHIEVING BUSINESS BEST PRACTICES. THE ORGANIZATION ALSO OFFERS TECHNICAL TRAINING TO KEEP UP WITH THE CONTINUED CHANGES IN VEHICLE TECHNOLOGY.

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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 $492,355

Program Service Revenue $691,763

Investment Income $40,981

Other Revenue $1,040

TOTAL REVENUE $1,226,139

Expense Breakdown

Grants Paid $0

Salaries & Benefits $444,204

Fundraising Expenses $0

Other Expenses $748,858

TOTAL EXPENSES $1,193,062

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,226,139	$803,070	+0.5%
Expenses	$1,193,062	$1,242,120	0.0%
Net Income	$33,077	$-439,050	-1.1%

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

$180,207

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
IAN JOHNSTON	PRESIDENT	4.00	Officer Director	$0	$0	$0
MIKE HARRIS	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
COREY MILLER	TREASURER	4.00	Officer Director	$0	$0	$0
CHRIS BAER	DIRECTOR	4.00	Director	$0	$0	$0
TINA HUBBARD	DIRECTOR	4.00	Director	$0	$0	$0
MARC-PHILIPPE BEAUDOIN	DIRECTOR	4.00	Director	$0	$0	$0
ANDY WIERDA	DIRECTOR	4.00	Director	$0	$0	$0
CARL MESKER	DIRECTOR	4.00	Director	$0	$0	$0
CHRIS REAMSNYDER	SUPPLIER DIRECTOR	4.00	Director	$0	$0	$0
JASON SOIKA	SUPPLIER DIRECTOR	4.00	Director	$0	$0	$0
STEVE HANSEN	SUPPLIER DIRECTOR	4.00	Director	$0	$0	$0
KEN MARD	SSA ADVISORY BOARD	4.00	Director	$0	$0	$0
TONI NASTALI	SSA ADVISORY BOARD	4.00	Director	$0	$0	$0
DAVE MCCLEAVE	SSA SUPPLIER	4.00	Director	$0	$0	$0
NICK SEIDEL	EX-OFFICIO	4.00	Director	$0	$0	$0
EDWARD KUO	EXECUTIVE DIRECTOR	40.00	Officer	$174,412	$5,795	$180,207
KRISTEN KELLOG	VP, GOV. RELATIONS & OPERATIONS	40.00	Highest	$125,421	$4,284	$129,705

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	$1,226,139	$1,193,062	$1,709,040	$33,077
2023	$803,070	$1,242,120	$1,461,740	$-439,050
2022	$1,341,697	$1,387,804	$1,678,745	$-46,107
2021	$379,923	$621,836	$1,678,510	$-241,913
2020	$774,575	$604,401	$1,937,344	$170,174
2019	$1,523,530	$1,347,889	$1,761,253	$175,641
2018	$1,301,623	$1,351,864	$1,788,751	$-50,241

COMMERCIAL VEHICLE SOLUTIONS NETWORK