Owner-Operator Independent Drivers Association Foundation Inc (EIN 521728033) - 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

1991

Legal Domicile

Principal Officer

Joel Todd Spencer

Phone

8162295791

Tax Period

2023-01-01 to 2023-12-31

Owner-Operator Independent Drivers Association Foundation Inc, founded in 1991, is a small nonprofit in the Science & Technology sector that reported $254K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $371K exceeded revenue, resulting in a 46% operating deficit.

Mission

The mission of the Owner-Operator Independent Drivers Association Foundation is to fight for the rights of truckers through research and education.

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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 $78,417

Program Service Revenue $0

Investment Income $175,585

Other Revenue $0

TOTAL REVENUE $254,002

Expense Breakdown

Grants Paid $36,164

Salaries & Benefits $271,857

Fundraising Expenses $17,225

Program Expenses $309,688

Other Expenses $62,570

TOTAL EXPENSES $370,591

Year-over-Year Comparison

	2023	2022	Change
Revenue	$254,002	$323,851	-0.2%
Expenses	$370,591	$331,769	+0.1%
Net Income	$-116,589	$-7,918	+13.7%

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

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

$103,395

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS WEAKLEY	DIRECTOR OF OP.	40.00	Officer	$103,395	$0	$103,395
WILLIAM PUGH	EXEC VICE PRES	10.00	Officer Director	$0	$0	$0
Joel Todd Spencer	President	15.00	Officer Director	$0	$0	$0
ROBERT ESLER	SECRETARY/TREAS	3.00	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	$254,002	$370,591	$6,698,616	$-116,589
2022	$323,851	$331,769	$6,635,824	$-7,918
2021	$892,870	$296,829	$6,651,654	$596,041
2020	$248,591	$340,669	$5,959,730	$-92,078
2019	$1,123,218	$359,707	$5,590,665	$763,511
2018	$2,691,068	$276,632	$4,252,396	$2,414,436

Owner-Operator Independent Drivers Association Foundation Inc