FOUNDATION OF FOOD PROCESSING SUPPLIERS ASSOCIATION (EIN 521304324) - 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

1983

Legal Domicile

Principal Officer

CHRISTOPHER LYONS

Phone

7037612600

Tax Period

2024-01-01 to 2024-12-31

FOUNDATION OF FOOD PROCESSING SUPPLIERS ASSOCIATION, founded in 1983, is a small nonprofit that reported $400K in total revenue in fiscal year 2018. Revenue surged 45% from the prior year, signaling strong growth momentum. Net assets of $5.8M represent 174 months of operating reserves.

Mission

SEE PART III, LINE 1.

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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 $0

Program Service Revenue $0

Investment Income $76,015

Other Revenue $-213,236

TOTAL REVENUE $-137,221

Expense Breakdown

Grants Paid $203,250

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $203,250

Other Expenses $24,467

TOTAL EXPENSES $227,717

Year-over-Year Comparison

	2024	2023	Change
Revenue	$-137,221	$-143,541	0.0%
Expenses	$227,717	$299,337	-0.2%
Net Income	$-364,938	$-442,878	-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

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

$1,330,734

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JARROD MCCARROLL	CHAIRMAN	1.00	Officer Director	$0	$0	$0
DANTE PIETRINFERNI	TREASURER	1.00	Officer Director	$0	$0	$0
KATE ROME	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SECKMAN	PRES. & CEO (UNTIL 3/24; 10/24-12/24)	2.00	Officer	$0	$63,240	$649,701
ROBYN ROCHE	CFO	11.50	Officer	$0	$37,162	$345,047
MATT OTT	PRESIDENT & CEO (FROM 3/24 TO 10/24)	2.00	Officer	$0	$30,259	$335,986

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	$-137,221	$227,717	$4,396,368	$-364,938
2023	$-143,541	$299,337	$4,807,970	$-442,878
2022	$-46,307	$160,342	$5,113,175	$-206,649
2021	$173,833	$233,946	$5,487,524	$-60,113
2020	$321,776	$199,877	$5,660,693	$121,899
2019	$300,422	$527,273	$5,775,582	$-226,851
2018	$400,244	$391,372	$5,918,123	$8,872

FOUNDATION OF FOOD PROCESSING SUPPLIERS ASSOCIATION