NATIONAL BOARD FOR CERTIFICATION IN OCCUPATIONAL THERAPY INC (EIN 521620299) - 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

1988

Legal Domicile

Principal Officer

ALLAN FREEDMAN

Phone

3019907979

Tax Period

2023-01-01 to 2023-12-31

NATIONAL BOARD FOR CERTIFICATION IN OCCUPATIONAL THERAPY INC, founded in 1988, is a mid-sized nonprofit that reported $17.5M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $20.6M exceeded revenue, resulting in a 18% operating deficit.

Mission

THE ORGANIZATION IS AN INDEPENDENT NATIONAL CERTIFICATION AGENCY WHOSE PRIMARY PURPOSE IS TO SERVE THE PUBLIC INTEREST BY PROVIDING HIGH STANDARDS FOR THE CERTIFICATION OF OCCUPATIONAL THERAPY PRACTITIONERS.

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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 $15,122,048

Investment Income $2,565,183

Other Revenue $-234,917

TOTAL REVENUE $17,452,314

Expense Breakdown

Grants Paid $187,500

Salaries & Benefits $7,883,749

Fundraising Expenses $0

Other Expenses $12,512,836

TOTAL EXPENSES $20,584,085

Year-over-Year Comparison

	2023	2022	Change
Revenue	$17,452,314	$15,618,656	+0.1%
Expenses	$20,584,085	$17,428,221	+0.2%
Net Income	$-3,131,771	$-1,809,565	+0.7%

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

Volunteers

189

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

$1,178,982

Total Directors

Key Employees

$580,346

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL GRACE	PRESIDENT/CEO	40.00	Officer	$1,121,919	$57,063	$1,178,982
ALLAN FREEDMAN	COO	40.00	Key Emp	$285,725	$45,613	$331,338
JENNIFER GREGORY	CFO	40.00	Key Emp	$225,655	$23,353	$249,008
MEHUL PATEL	DIRECTOR OF IT	40.00	Highest	$269,313	$35,610	$304,923
MARGARET BENT	MANAGING DIR., COMPETENCY	40.00	Highest	$218,564	$38,270	$256,834
ANGELA MACAULEY	SR VP, MARKETING & GOVERNA	40.00	Highest	$200,194	$29,046	$229,240
SHAUN CONWAY	VP, EXTERNAL & REGULATORY AFFAIRS	40.00	Highest	$200,182	$37,621	$237,803
ELIZABETH WAGONSELLER	VP, CREDENTIALING SERVICES	40.00	Highest	$200,217	$29,405	$229,622
DEE BERLINE	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
BRITTANY CURTIS	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
RAE ANN SMITH	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
SHEILA BAXTER	BOARD MEMBER	1.00	Director	$0	$0	$0
KAITE KOCSIS	BOARD MEMBER	1.00	Director	$0	$0	$0
GEORGE TOMLIN	BOARD MEMBER	1.00	Director	$0	$0	$0
AMY BLUE	BOARD MEMBER	1.00	Director	$0	$0	$0
KELLY RICHARDSON	BOARD MEMBER	1.00	Director	$0	$0	$0
RAFAEL SALAZAR II	BOARD MEMBER	1.00	Director	$0	$0	$0
MASHELLE PAINTER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
ANN GLORE	BOARD MEMBER	1.00	Director	$0	$0	$0
PHILLIP SALVADOR	BOARD MEMBER	1.00	Director	$0	$0	$0
JILLIAN BOERSTLER	BOARD MEMBER	1.00	Director	$0	$0	$0
RACHEL GALANT	BOARD MEMBER	1.00	Director	$0	$0	$0
LAUREN GRAY	BOARD MEMBER	1.00	Director	$0	$0	$0
JACQUELINE WARD	BOARD MEMBER	1.00	Director	$0	$0	$0
CHI-KWAN SHEA	BOARD MEMBER	1.00	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
2024	No data	No data	No data	No data
2023	$17,452,314	$20,584,085	$59,192,697	$-3,131,771
2022	$15,618,656	$17,428,221	$60,876,114	$-1,809,565
2021	$17,288,402	$15,703,910	$70,301,051	$1,584,492
2020	$15,983,430	$13,125,134	$67,527,733	$2,858,296
2019	$16,824,688	$16,352,726	$62,221,784	$471,962
2018	$17,118,121	$14,634,923	$58,279,958	$2,483,198

NATIONAL BOARD FOR CERTIFICATION IN OCCUPATIONAL THERAPY INC