American Bridal and Prom Industry … - Form 990 Financial Data

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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

2012

Legal Domicile

Principal Officer

STEPHEN LANG

Phone

6095301900

Tax Period

2021-01-01 to 2021-12-31

Mission

TO TAKE ANY AND ALL APPROPRIATE AND LAWFUL ACTION AGAINST THE MARKETING AND SALE OF COUNTERFEIT FORMALWEAR PRODUCTS; TO EDUCATE CONSUMERS, RETAILERS AND MEMBERS OF THE FORMALWEAR INDUSTRY AND THE GENERAL PUBLIC ABOUT THE HARM TO CONSUMERS AND FAIR COMPETITION IN THE FORMALWEAR INDUSTRY CAUSED BY THE MARKETING AND SALE OF COUNTERFEIT PRODUCTS; TO LOBBY GOVERNMENTAL ENTITIES TO AID THE FORMALWEAR INDUSTRY IN THE FIGHT AGAINST THE MARKETING AND SALE OF COUNTERFEIT PRODUCTS; TO CONDUCCT DISCUSSIONS AMONG MEMBERS OF THE FORMALWEAR INDUSTRY IN ORDER TO PROMOTE INDUSTRY-WIDE STANDARDS AND BEST PRACTICES FOR FREE AND FAIR COMPETITION BETWEEN ALL MANUFACTURERS AND RETAILERS OF GENUINE FORMALWEAR PRODUCTS; AND TO UNDERTAKE ANY OTHER LAWFUL ACTIVITY PERMITTED UNDER THE ACT, OTHER THAN FOR PECUNIARY PROFIT.

Program Service Accomplishments

Program 1

ANTI-COUNTERFEITING ACTIVITY FOR THE FORMALWEAR INDUSTRY

Program 2

MEMBERSHIP SERVICES AND CONSUMER EDUCATION ON THE DANGERS POSED BY COUNTERFEIT FORMALWEAR

Program 3

LOBBYING GOVERNMENTAL ENTITIES TO AID THE FORMALWEAR INDUSTRY IN THE FIGHT AGAINST THE MARKETING AND SALE OF COUNTERFEIT PRODUCTS

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $10,095

TOTAL EXPENSES $10,095

Year-over-Year Comparison

	2021	2020	Change
Revenue	N/A	$5,181	-1.0%
Expenses	$10,095	$30,864	-0.7%
Net Income	N/A	$-25,683	N/A

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

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
STEPHEN LANG	PRESIDENT	2.0	Officer Director	$0	$0	$0
STUART STEINMAN	TREASURER	2.0	Officer Director	$0	$0	$0
MICHAEL KASHER	DIRECTOR	1.0	Director	$0	$0	$0
MANNY BEN-OR	DIRECTOR	1.0	Director	$0	$0	$0
SUSAN MCCULLOUGH	DIRECTOR	1.0	Director	$0	$0	$0
JON LINEY	director	1.0	Director	$0	$0	$0
PHYLLIS brasch LIBRACH	vice president	2.0	Officer Director	$0	$0	$0
DANIEL ADRIAN	DIRECTOR	1.0	Director	$0	$0	$0
Roanna rose	secretary	2.0	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
2021	No data	$10,095	$77,666	No data
2020	$5,181	$30,864	$77,236	$-25,683
2019	$138,887	$137,729	$92,550	$1,158
2018	$58,904	$392,421	$107,508	$-333,517

American Bridal and Prom Industry AssocInc