Upholstered Furniture Action Council Inc (EIN 521066180) - 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

1978

Legal Domicile

Principal Officer

J Don Coleman

Phone

3368855065

Tax Period

2023-07-01 to 2024-06-30

Upholstered Furniture Action Council Inc, founded in 1978, is a small nonprofit that reported $171K in total revenue in fiscal year 2023. Expenses of $263K exceeded revenue, resulting in a 54% operating deficit.

Mission

To promote consumer safety in the design and manufacture of upholstered furniture.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $14,700

Investment Income $12,550

Other Revenue $143,455

TOTAL REVENUE $170,705

Expense Breakdown

Grants Paid $0

Salaries & Benefits $80,059

Fundraising Expenses $0

Program Expenses $226,379

Other Expenses $182,982

TOTAL EXPENSES $263,041

Year-over-Year Comparison

	2023	2022	Change
Revenue	$170,705	$175,899	0.0%
Expenses	$263,041	$293,830	-0.1%
Net Income	$-92,336	$-117,931	-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

$65,000

Total Directors

$65,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
J Don Coleman	Pres/Secretary	30.00	Officer Director	$65,000	$0	$65,000
Rex Chapman	Director	0.50	Director	$0	$0	$0
Kevin Mann	Director	0.50	Director	$0	$0	$0
John Sexton	Director	0.50	Director	$0	$0	$0
Jason A Schadel	Director	0.50	Director	$0	$0	$0
Melissa Hefner	Director	0.50	Director	$0	$0	$0
Warren Frye	Director	0.50	Director	$0	$0	$0
Tim Atkins	Director	0.50	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	No data	No data	No data	No data
2024	$170,705	$263,041	$392,203	$-92,336
2023	$175,899	$293,830	$457,062	$-117,931
2022	$191,422	$330,849	$578,196	$-139,427
2021	$280,705	$306,383	$705,499	$-25,678
2020	$101,995	$370,674	$727,385	$-268,679
2019	$204,359	$394,736	$993,412	$-190,377

Upholstered Furniture Action Council Inc