QUAD CITY PAINTING INDUSTRY ADVANCEMENT FUND (EIN 473214712) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

RICHARD LUNDVALL

Phone

5633456450

Tax Period

2024-01-01 to 2024-12-31

QUAD CITY PAINTING INDUSTRY ADVANCEMENT FUND, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $113K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $17K, a strong 15% operating margin.

Mission

PROMOTE THE BETTERMENT OF THOSE ENGAGED IN THE PAINTING INDUSTRY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $100,895

Investment Income $12,018

Other Revenue $0

TOTAL REVENUE $112,913

Expense Breakdown

Grants Paid $750

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $94,722

TOTAL EXPENSES $95,472

Year-over-Year Comparison

	2024	2023	Change
Revenue	$112,913	$97,442	+0.2%
Expenses	$95,472	$88,800	+0.1%
Net Income	$17,441	$8,642	+1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$40,840

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT SMITH	TRUSTEE	1.00	Officer Director	$0	$0	$0
TONY JARED	TRUSTEE	1.00	Officer Director	$0	$0	$0
DONALD WENTLER	TRUSTEE	1.00	Officer Director	$0	$0	$0
JEFF BENDER	TRUSTEE	1.00	Officer Director	$0	$0	$0
RICHARD LUNDVALL	EXECUTIVE DIRECTOR	7.00	Officer	$0	$4,500	$40,840

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	$112,913	$95,472	$522,709	$17,441
2023	$97,442	$88,800	$480,933	$8,642
2022	$96,902	$75,877	$448,031	$21,025
2021	$98,700	$82,725	$456,900	$15,975
2020	$95,777	$83,265	$419,950	$12,512
2019	$119,641	$77,820	$392,099	$41,821
2018	$136,607	$80,608	$331,228	$55,999

QUAD CITY PAINTING INDUSTRY ADVANCEMENT FUND