National Assn of Tower Erectors dba NATE (EIN 460437154) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

Todd Schlekeway

Phone

6058825865

Tax Period

2024-10-01 to 2025-09-30

NATIONAL ASSN OF TOWER ERECTORS, founded in 1995, is a community nonprofit that reported $3.5M in total revenue in fiscal year 2019. Expenses of $3.0M left a modest 13% surplus.

Mission

THE ASSOCIATION WAS FORMED TO PURSUE, FORMULATE, AND ADHERE TO UNIFORM STANDARDS OF SAFETY; TO KEEP ALL MEMBERS INFORMED OF RELEVANT ISSUES; AND TO PROVIDE A UNIFIED VOICE FOR THE TOWER ERECTION INDUSTRY

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $49,318

Program Service Revenue $3,372,025

Investment Income $722,732

Other Revenue $272,347

TOTAL REVENUE $4,416,422

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,638,340

Fundraising Expenses $33,112

Other Expenses $3,073,245

TOTAL EXPENSES $4,711,585

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,416,422	$4,527,584	0.0%
Expenses	$4,711,585	$4,396,587	+0.1%
Net Income	$-295,163	$130,997	-3.3%

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

180

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

$249,936

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Todd Schlekeway	CEO	40.00	Officer	$211,125	$38,811	$249,936
Paula Nurnberg	Operating Officer	40.00		$150,788	$21,556	$172,344
Kathryn Stieler	Compliance Health	40.00		$133,406	$23,593	$156,999
Brian Bicknese	Safety and Educ	40.00		$133,406	$15,652	$149,058
Victor Drouin	Chairman	1.00	Officer Director	$0	$0	$0
Randy Scott	Vice Chairman	1.00	Officer Director	$0	$0	$0
Michael Young	Sec/Treas	1.00	Officer Director	$0	$0	$0
Bryan Lee	Director	1.00	Director	$0	$0	$0
Dominique Valdez	Director	1.00	Director	$0	$0	$0
Chris Mallon	Director	1.00	Director	$0	$0	$0
Jessica Cobb	Director	1.00	Director	$0	$0	$0
Aaron Paulette	Director	1.00	Director	$0	$0	$0
Casey Banner	Director	1.00	Director	$0	$0	$0
Tommy Lewis	Director	1.00	Director	$0	$0	$0
Joel Hightower	Director	1.00	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
2025	$4,416,422	$4,711,585	$8,984,801	$-295,163
2024	$4,527,584	$4,396,587	$9,331,044	$130,997
2023	$4,707,701	$4,669,201	$8,965,192	$38,500
2022	$4,294,406	$4,126,034	$8,490,002	$168,372
2021	$2,518,157	$2,506,529	$9,242,131	$11,628
2020	$3,520,581	$3,047,954	$8,235,853	$472,627

National Assn of Tower Erectors dba NATE