BETHESDA, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WASHINGTON AREA COUNCIL OF ENGINEERING LABORATORIES INC, founded in 1974, is a small nonprofit that reported $664K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $629K left a modest 5% surplus.
WACEL'S MISSION IS TO DEVELOP AND IMPLEMENT PROGRAMS TO EDUCATE, PROMOTE AND IMPROVE FIRMS, ORGANIZATIONS AND INDIVIDUALS INVOLVED IN CONSTRUCTION OBSERVATION, TESTING AND SPECIAL INSPECTIONS, WORKING COLLABORATIVELY WITH BUILDING OFFICIALS AND INDUSTRY PARTNERS TO HELP ENSURE CONSTRUCTION QUALITY FOR THE BENEFIT OF THE PUBLIC AT LARGE.WACEL ACCOMPLISHES ITS MISSION THROUGH NATIONALLY RECOGNIZED TECHNICIAN CERTIFICATION, TECHNICIAN TRAINING, EDUCATION, LABORATORY ACCREDITATION AND JURISDICTIONAL LIAISON PROGRAMS.
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 | $663,948 | $614,488 | +0.1% |
| Expenses | $628,942 | $610,769 | +0.0% |
| Net Income | $35,006 | $3,719 | +8.4% |
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 |
|---|---|---|---|---|---|---|
| THOMAS B COHN | EXECUTIVE DIRECTOR | 5.00 |
Officer
|
$0 | $0 | $0 |
| RAY BRADNER | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHARLES MITCHELL | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| TROY HAMMOND | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| TOM TAYLOR | IMMEDIATE PAST PRESIDENT | 5.00 |
Director
|
$0 | $0 | $0 |
| EATON KING | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| AMIN RAHMAN | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| JULES REESE | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| SANJOY BOSE | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| JOE DIXON | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| SCOTT STANNARD | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $663,948 | $628,942 | $831,165 | $35,006 |
| 2023 | $707,022 | $636,620 | $801,360 | $70,402 |
| 2022 | $605,783 | $562,672 | $730,737 | $43,111 |
| 2021 | $551,227 | $546,869 | $671,547 | $4,358 |
| 2018 | $501,663 | $499,123 | $590,413 | $2,540 |
Compare WASHINGTON AREA COUNCIL OF ENGINEERING LABORATORIES INC with other nonprofits in Maryland and across the country.