NWFA CERTIFIED PROFESSIONALS

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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

1997

Legal Domicile

Principal Officer

DANA ROGERS

Phone

6365199663

Tax Period

2024-01-01 to 2024-12-31

NWFA CERTIFIED PROFESSIONALS, founded in 1997, is a small nonprofit that reported $190K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $294K exceeded revenue, resulting in a 55% operating deficit.

Mission

TO PROMOTE INDUSTRY PROFESSIONALISM AND BEST PRACTICES THROUGH STANDARIZED METHODOLOGY THAT VALIDATES WOOD FLOORING PROFESSIONALS THROUGH TECHNICAL STANDARDS, QUALIFIED EDUCATION, AND TESTING.

Program Service Accomplishments

Program 1

Expenses: $294,494 Revenue: $190,118

TO PROMOTE INDUSTRY PROFESSIONALISM AND BEST PRACTICES THROUGH STANDARIZED METHODOLOGY THAT VALIDATES WOOD FLOORING PROFESSIONALS THROUGH TECHNICAL STANDARDS, QUALIFIED EDUCATION, AND TESTING.

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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 $190,118

Investment Income $0

Other Revenue $0

TOTAL REVENUE $190,118

Expense Breakdown

Grants Paid $0

Salaries & Benefits $234,784

Fundraising Expenses $0

Program Expenses $294,494

Other Expenses $59,708

TOTAL EXPENSES $294,492

Year-over-Year Comparison

	2024	2023	Change
Revenue	$190,118	$150,693	+0.3%
Expenses	$294,492	$235,467	+0.3%
Net Income	$-104,374	$-84,774	+0.2%

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

$510,719

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS ZIZZA	CHAIR	1.00	Director	$0	$0	$0
STEVE BRATTIN	CHAIR-ELECT	1.00	Director	$0	$0	$0
JASON ELQUEST	SECRETARY	1.00	Director	$0	$0	$0
MATT THRANE	TREASURER	1.00	Director	$0	$0	$0
BILLY SIMMONS	DIRECTOR	1.00	Director	$0	$0	$0
NATHAN CARTER	DIRECTOR	1.00	Director	$0	$0	$0
TOBY MERRILL	DIRECTOR	1.00	Director	$0	$0	$0
MATT CASEY	DIRECTOR	1.00	Director	$0	$0	$0
STEVE LIMA	DIMMEDIATE PAST CHAIRMAN	1.00	Director	$0	$0	$0
MICHAEL MARTIN	NWFA PRESIDENT & CEO	4.00	Officer	$0	$29,890	$329,126
ANITA HOWARD	COO	6.00	Officer	$3,024	$30,394	$181,593
BRETT MILLER	VP OR TECHNICAL STANDARDS	12.00	Highest	$14,870	$27,420	$176,123
LIBBY JOHNSTON	PUBLISHER & VP OF MEDIA	1.00	Highest	$0	$16,768	$163,036
STEPHANIE OWEN	VP EDUCATION	8.00	Highest	$22,134	$23,038	$170,597
DANE ROGERS	CONTROLLER	8.00	Highest	$2,162	$17,955	$126,070

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	$190,118	$294,492	$6,483	$-104,374
2023	$150,693	$235,467	$9,400	$-84,774
2022	$519,812	$338,949	$11,854	$180,863