Potomac, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)International Food and Beverage Technology Association, founded in 2014, is a small nonprofit that reported $375K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $707K exceeded revenue, resulting in a 88% operating deficit.
To promote technology usage in the global food and beverage industries by focusing on education, networking, certification, standards, research, and events.
To promote the use of technology within the global food and beverage industries with a specific focus on education, networking, certification, standards, research, and events, while aligning with...
To promote the use of technology within the global food and beverage industries with a specific focus on education, networking, certification, standards, research, and events, while aligning with other industry associations and groups in support of their technology related initiatives. Also, to further the common business interests of the information technology industry by promoting the utilization of technology within all segments of the global food and beverage industry, including restaurant/food service, hospitality/lodging, gaming, on-site, beer/wine/spirits retailing, c-stores, catering, travel, and other related segments of the food and beverage industry.
The organization has chapters that host quarterly meetings for networking and education. The chapters participate in major industry events and supports other industry organizations to provide content...
The organization has chapters that host quarterly meetings for networking and education. The chapters participate in major industry events and supports other industry organizations to provide content and expertise in areas where technology supports their membership and efforts. The key areas of focus are networking, standards, advocacy, research, communications, certification, education, and innovation.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $375,272 | $457,322 | -0.2% |
| Expenses | $707,121 | $764,217 | -0.1% |
| Net Income | $-331,849 | $-306,895 | +0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Don Zimmerman | Chairman | 0.80 |
Officer
Director
|
$0 | $0 | $0 |
| Yoo-Jin Yi | Treasurer | 0.80 |
Officer
Director
|
$0 | $0 | $0 |
| Vikram Badhwar | Director | 0.80 |
Director
|
$0 | $0 | $0 |
| Kevin Bentley | Director | 0.80 |
Director
|
$0 | $0 | $0 |
| Ted Orman | Director | 0.80 |
Director
|
$0 | $0 | $0 |
| Pankaj Patra | Director | 0.80 |
Director
|
$0 | $0 | $0 |
| Zerrick Pearson | Director | 0.80 |
Director
|
$0 | $0 | $0 |
| Yvette Vincent | Director | 0.80 |
Director
|
$0 | $0 | $0 |
| Robert Grimes | Chief Executive Officer | 30.00 |
Officer
|
$100,000 | $0 | $100,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $375,272 | $707,121 | $66,612 | $-331,849 |
| 2023 | $457,322 | $764,217 | $80,384 | $-306,895 |
| 2022 | $316,940 | $567,122 | $207,423 | $-250,182 |
| 2021 | $332,811 | $424,930 | $113,446 | $-92,119 |
| 2020 | $370,358 | $346,166 | $148,178 | $24,192 |
| 2019 | $390,562 | $469,022 | $135,968 | $-78,460 |
| 2018 | $190,254 | $451,510 | $5,144 | $-261,256 |
Compare International Food and Beverage Technology Association with other nonprofits in Maryland and across the country.