RUBBER PAVEMENTS ASSOCIATION INC

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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

1996

Legal Domicile

Principal Officer

MARK BELSHE

Phone

4805179944

Tax Period

2023-01-01 to 2023-12-31

Mission

TO PROMOTE AND DEDICATE ENCOURAGEMENT OF THE USE OF HIGHER QUALITY COST EFFECTIVE ASPHALT PAVEMENTS CONTAINING RECYCLED TIRE RUBBER.

Program Service Accomplishments

Program 1

To promote and dedicate encouragement of the use of higher quality cost effective ashphalt pavements containing recycled tire rubber.

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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 $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $9,180

TOTAL EXPENSES $9,180

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	N/A	N/A
Expenses	$9,180	$7,784	+0.2%
Net Income	N/A	$-7,784	N/A

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

N/A

Employees

N/A

Volunteers

N/A

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
MARK BELSHE	EX DIRECTOR	015.00	Director	$0	$0	$0
BRIAN HERSCH	DIRECTOR	002.00	Director	$0	$0	$0
MARC BERTSCH	PRESIDENT	002.00	Director	$0	$0	$0
H BARRY TAKALLOU	DIRECTOR	002.00	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
2023	No data	$9,180	$11,279	No data
2022	No data	$7,784	$20,372	No data
2021	$20,940	$26,300	$28,070	$-5,360
2020	$55,500	$48,995	$33,477	$6,505
2019	$56,785	$56,823	$26,982	$-38
2018	$79,250	$66,291	$27,087	$12,959