PAINT AND DECORATING RETAILERS ASSOCIATION

EIN: 430633356

ST PETERS, MO

Total Revenue
$689,646
Total Expenses
$923,153
Total Assets
$511,135
Net Assets
$404,655
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1947
Legal Domicile
MO
Principal Officer
PATRICIA DAY
Phone
6363262636
Tax Period
2019-07-01 to 2020-06-30

PAINT AND DECORATING RETAILERS ASSOCIATION, founded in 1947, is a small nonprofit that reported $690K in total revenue in fiscal year 2019. Revenue decreased 6% compared to the prior year. Expenses of $923K exceeded revenue, resulting in a 34% operating deficit.

Mission

TO ENSURE THE SUCCESS OF THE INDEPENDENT DECORATING PRODUCTS RETAILER AND TO BUILD COOPERATIVE RELATIONSHIPS AMONG RETAILERS AND SUPPLIERS

Program Service Accomplishments

Program 1

EDUCATIONAL PROGRAMS: PAINT AND DECORATING RETAILERS ASSOCIATION HAS SEVERAL EDUCATIONAL CERTIFICATION PROGRAMS FOR OUR MEMBERS AND THEIR EMPLOYEES. THE PROGRAMS TEACH AND TRAIN ABOUT PAINTING AND...

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EDUCATIONAL PROGRAMS: PAINT AND DECORATING RETAILERS ASSOCIATION HAS SEVERAL EDUCATIONAL CERTIFICATION PROGRAMS FOR OUR MEMBERS AND THEIR EMPLOYEES. THE PROGRAMS TEACH AND TRAIN ABOUT PAINTING AND RELATED PRODUCTS. THESE CERTIFICATION SEMINARS INSTRUCT STUDENTS ON HOW PAINT IS MADE, HOW TO IDENTIFY CUSTOMERS' NEEDS, AND HOW TO RECOMMEND THE RIGHT PRODUCT AND SURFACE PREPARATION FOR THAT PRODUCT. WE ALSO PROVIDE PAINT TRAINING IN A CD FORMAT FOR THOSE THAT WISH TO HAVE A PERMANENT STUDY RESOURCE TO USE AND REFERENCE ANYTIME, AS NEEDED.

Program 2

MARKET RESEARCH PROGRAMS: THE PAINT AND DECORATING RETAILERS ASSOCIATION PROVIDES ITS MEMBERS WITH SEVERAL MARKET RESEARCH STUDIES. THE PULSE REPORT IS A FREE MEMBERS QUARTERLY MARKET REPORT THAT...

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MARKET RESEARCH PROGRAMS: THE PAINT AND DECORATING RETAILERS ASSOCIATION PROVIDES ITS MEMBERS WITH SEVERAL MARKET RESEARCH STUDIES. THE PULSE REPORT IS A FREE MEMBERS QUARTERLY MARKET REPORT THAT COVERS TOPICS SUCH AS "CONSUMER CONFIDENCE" INFORMATION, "NEW HOUSING STARTS" INFORMATION, AND "USED HOME SALES" INFORMATION. THE PULSE REPORT ALSO TRACKS THE INDEPENDENT PAINT AND DECORATING RETAILERS SALES IN THE FOLLOWING CATEGORIES: PAINT, WALLCOVERINGS, WINDOW COVERINGS, FLOOR COVERINGS, AND SUNDRIES. IN ADDITION, THE PULSE REPORT ALSO TRACKS THESE CATEGORIES FROM QUARTER-TO-QUARTER AND YEAR-TO-YEAR AND BREAKS THEM DOWN BY 5 UNITED STATES REGIONS AND CANADA. THE PAINT AND DECORATING RETAILERS ASSOCIATION PUBLISHES A FREE ANNUAL REPORT CALLED: PAINT, WALLCOVERINGS AND SUNDRIES INDUSTRY REPORT. THIS STUDY COVERS ALL ASPECTS OF THE PAINT AND DECORATING INDUSTRY TO INCLUDE SALES, NUMBER OF RETAIL STORES BY CATEGORY, NUMBERS OF GALLONS OF PAINT SOLD BY CATEGORY, WALLCOVERING SALES, SURVEY RESULTS FROM PAINT AND DECORATING RETAILERS ASSOCIATION FORMS, AND SUNDRY PRODUCTS MARKET REPORTS BY BRAND NAME AND PRODUCT CATEGORY. THIS REPORT GENERALLY HAS 25-30 PAGES.

Program 3

INDUSTRY PUBLICATIONS: PAINT AND DECORATING RETAILERS ASSOCIATION PUBLISHES THE PAINT AND DECORATING RETAILER MAGAZINE, A FREE PUBLICATION FOR RETAILERS THROUGHOUT NORTH AMERICA. PAINT AND DECORATING...

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INDUSTRY PUBLICATIONS: PAINT AND DECORATING RETAILERS ASSOCIATION PUBLISHES THE PAINT AND DECORATING RETAILER MAGAZINE, A FREE PUBLICATION FOR RETAILERS THROUGHOUT NORTH AMERICA. PAINT AND DECORATING RETAILERS ASSOCIATION ALSO PROVIDES MANY BOOKS, MAGAZINES, PAMPHLETS, AND BROCHURES COVERING INDUSTRY SIDE TOPICS FROM HOW TO PAINT, HOW TO WALLPAPER, HOW TO CHOOSE COLORS, AND MANY SUBJECTS PERTAINING TO THE PAINT AND DECORATING 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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $650,576
Investment Income $1,683
Other Revenue $37,387
TOTAL REVENUE $689,646

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $221,518
Fundraising Expenses $0
Other Expenses $696,635
TOTAL EXPENSES $923,153

Year-over-Year Comparison

2019 2018 Change
Revenue $689,646 $737,043 -0.1%
Expenses $923,153 $987,201 -0.1%
Net Income $-233,507 $-250,158 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
4
Employees
6
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
2
$83,810
Total Directors
5
$83,810
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRAIG BOND CHAIRMAN 2.00
Officer Director
$0 $0 $0
ROBERT MUELLER DIRECTOR 1.00
Director
$0 $0 $0
JAY DONNELLY DIRECTOR 1.00
Director
$0 $0 $0
LESLEY DAVIES-BAPTISA DIRECTOR 1.00
Director
$0 $0 $0
PATRICIA DAY CEO 30.00
Officer Director
$74,056 $9,754 $83,810
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
2020 $689,646 $923,153 $511,135 $-233,507
2020 $144,600 $152,788 No data $-8,188
2019 $737,043 $987,201 $810,729 $-250,158
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