SOCIETY OF QUALITY ASSURANCEINC (EIN 521388759) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

1984

Legal Domicile

Principal Officer

ALISON COCKRELL

Phone

4342974772

Tax Period

2023-01-01 to 2023-12-31

SOCIETY OF QUALITY ASSURANCEINC, founded in 1984, is a community nonprofit in the Community Improvement sector that reported $1.4M in total revenue in fiscal year 2018. Expenses of $1.3M left a modest 7% surplus.

Mission

TO PROMOTE AND ADVANCE THE ETHICS, PRINCIPLES, AND KNOWLEDGE OF QUALITY ASSURANCE ESSENTIAL TO HUMAN, ANIMAL, AND ENVIRONMENTAL HEALTH.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $111,000

Program Service Revenue $1,284,998

Investment Income $346,209

Other Revenue $12,551

TOTAL REVENUE $1,754,758

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,598,011

Other Expenses $1,739,093

TOTAL EXPENSES $1,739,093

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,754,758	$1,347,300	+0.3%
Expenses	$1,739,093	$1,599,170	+0.1%
Net Income	$15,665	$-251,870	-1.1%

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

185

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHERYL MCCARTHY	PRESIDENT	2.00	Officer Director	$0	$0	$0
JOSEPH FRANCHETTI	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
MICHELLE HOLBROOK	PAST PRESIDE	2.00	Officer Director	$0	$0	$0
TRACY HENTHORN	SECRETARY	2.00	Officer Director	$0	$0	$0
MARYELLEN LANDER	TREASURER	2.00	Officer Director	$0	$0	$0
JACQUELINE BUSHONG	DIRECTOR	1.00	Director	$0	$0	$0
SHERRY DAWSON	DIRECTOR	1.00	Director	$0	$0	$0
STEVE DRZICK	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY FRAZIER	DIRECTOR	1.00	Director	$0	$0	$0
HECTOR GAMBOA	DIRECTOR	1.00	Director	$0	$0	$0
MELANIE WILLIS	DIRECTOR	1.00	Director	$0	$0	$0
LORI WHITE	DIRECTOR	1.00	Director	$0	$0	$0
KARREL JOSEPH	DIRECTOR	1.00	Director	$0	$0	$0
ALISON COCKRELL	EXECUTIVE DI	15.00	Officer	$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
2024	No data	No data	No data	No data
2023	$1,754,758	$1,739,093	$2,040,002	$15,665
2022	$1,347,300	$1,599,170	$1,872,855	$-251,870
2021	$1,301,617	$958,303	$2,630,058	$343,314
2020	$858,833	$862,010	$2,409,986	$-3,177
2019	$1,351,369	$1,402,562	$2,086,363	$-51,193
2018	$1,390,170	$1,289,248	$1,764,900	$100,922

SOCIETY OF QUALITY ASSURANCEINC