NORTH AMERICAN CRO COUNCIL INCORPORATED C/O MR BILL PRIMPS CULLEN & DYKMAN LLP (EIN 461847740) - 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

2013

Legal Domicile

Principal Officer

GEOFF CRADDOCK

Phone

2127014002

Tax Period

2024-01-01 to 2024-12-31

NORTH AMERICAN CRO COUNCIL INCORPORATED C/O MR BILL PRIMPS CULLEN & DYKMAN LLP, founded in 2013, is a small nonprofit in the Community Improvement sector that reported $345K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $506K exceeded revenue, resulting in a 47% operating deficit.

Mission

SEEK ALIGNMENT OF REGULATORY REQUIREMENTS IN NORTH AMERICA WITH INSURANCE INDUSTRY SOUND PRACTICES IN RISK MANAGEMENT, AND HARMONIZATION OF THESE REQUIREMENTS ACROSS JURISDICTIONS. SEEK ALIGNMENT OF RATING AGENCY CAPITAL AND LIQUIDITY ASSESSMENTS WITH SOUND PRACTICES IN RISK MANAGEMENT, AND HARMONIZATION OF THESE REQUIREMENTS ACROSS JURISDICTIONS.

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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 $345,000

Investment Income $0

Other Revenue $320

TOTAL REVENUE $345,320

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $284,492

Other Expenses $506,468

TOTAL EXPENSES $506,468

Year-over-Year Comparison

	2024	2023	Change
Revenue	$345,320	$276,185	+0.3%
Expenses	$506,468	$466,184	+0.1%
Net Income	$-161,148	$-189,999	-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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KLAUS DIEM	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
GEOFF CRADDOCK	TREASURER	1.00	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
2024	$345,320	$506,468	$562,869	$-161,148
2023	$276,185	$466,184	$735,073	$-189,999
2022	$280,480	$413,333	$930,163	$-132,853
2021	$256,780	$306,951	$1,027,620	$-50,171
2020	$496,480	$295,192	$1,075,734	$201,288
2019	$496,000	$318,178	$880,941	$177,822
2018	$496,320	$343,286	$712,288	$153,034

NORTH AMERICAN CRO COUNCIL INCORPORATED C/O MR BILL PRIMPS CULLEN & DYKMAN LLP