REMANUFACTURING INDUSTRIES COUNCIL INC (EIN 454494213) - 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

2016

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

REMANUFACTURING INDUSTRIES COUNCIL INC, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $296K in total revenue in fiscal year 2023. The organization ran a surplus of $75K, a strong 25% operating margin.

Mission

SUPPORTING THE ADVANCEMENT OF REMANUFACTURING AND SUSTAINABILITY THROUGH COLLABORATION, EDUCATION AND RESEARCH

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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 (2023)

Revenue Breakdown

Contributions & Grants $259,000

Program Service Revenue $32,749

Investment Income $3,538

Other Revenue $1,050

TOTAL REVENUE $296,337

Expense Breakdown

Grants Paid $0

Salaries & Benefits $132,997

Fundraising Expenses $0

Program Expenses $57,730

Other Expenses $88,122

TOTAL EXPENSES $221,119

Year-over-Year Comparison

	2023	2022	Change
Revenue	$296,337	$286,849	+0.0%
Expenses	$221,119	$183,177	+0.2%
Net Income	$75,218	$103,672	-0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM SCHOFIELD	DIRECTOR	5.00	Director	$0	$0	$0
JEREMY KELLEY	DIRECTOR	5.00	Director	$0	$0	$0
DAVE AHLSTRAND	DIRECTOR	5.00	Director	$0	$0	$0
TODD WIELAND	DIRECTOR	5.00	Director	$0	$0	$0
WILSON	DIRECTOR	5.00	Director	$0	$0	$0
WILLIAM DAVIES	DIRECTOR	5.00	Director	$0	$0	$0
PAUL ADAMSON	DIRECTOR	5.00	Director	$0	$0	$0
CARL FLETCHER	DIRECTOR	5.00	Director	$0	$0	$0
NABIL NASR	DIRECTOR	5.00	Director	$0	$0	$0
MICHAEL SCHMIT	SECRETARYTREAS	5.00	Officer Director	$0	$0	$0
JEFFREY SUTHERLAND	CHAIR	5.00	Officer Director	$0	$0	$0
JEFFREY STUKENBORG	PAST CHAIR	5.00	Officer Director	$0	$0	$0
CASEY BLEVINS	VICE CHAIR	5.00	Officer 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
2023	$296,337	$221,119	$664,922	$75,218
2021	$272,625	$150,341	$455,580	$122,284
2019	$289,039	$298,038	$247,171	$-8,999
2018	$267,251	$259,465	$268,988	$7,786

REMANUFACTURING INDUSTRIES COUNCIL INC