AMERICAN COUNCIL OF INDEPENDENT LABORATORIES INC (EIN 526053960) - 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

1948

Legal Domicile

Principal Officer

RICHARD BRIGHT

Phone

2028875872

Tax Period

2024-01-01 to 2024-12-31

AMERICAN COUNCIL OF INDEPENDENT LABORATORIES INC, founded in 1948, is a small nonprofit that reported $702K in total revenue in fiscal year 2024.

Mission

PROVIDING THE INDEPENDENT TESTING COMMUNITY WITH ADVOCACY, EDUCATION, AND ALLIANCES TO ENABLE MEMBERS TO BETTER ADDRESS ENVIRONMENTAL AND PRODUCT RISKS TO THE PUBLIC.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $686,289

Investment Income $15,129

Other Revenue $262

TOTAL REVENUE $701,680

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $734,167

TOTAL EXPENSES $734,167

Year-over-Year Comparison

	2024	2023	Change
Revenue	$701,680	$736,469	0.0%
Expenses	$734,167	$743,136	0.0%
Net Income	$-32,487	$-6,667	+3.9%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALLISON MACKENZIE	CHAIR	1.00	Officer Director	$0	$0	$0
SEAN MURRAY	CHAIR ELECT/AT LARGE DIREC	1.00	Director	$0	$0	$0
RANGELL RENEA	SECRETARY	1.00	Officer Director	$0	$0	$0
SCOTT WENTWORTH	AT LARGE DIRECTOR	1.00	Director	$0	$0	$0
MARCUS MAGUIRE	AT LARGE DIRECTOR	1.00	Director	$0	$0	$0
JUDY MORGAN	AT LARGE DIRECTOR	1.00	Director	$0	$0	$0
RICK ALLEN	AT LARGE DIRECTOR	1.00	Director	$0	$0	$0
ZACH EISENBERG	AT LARGE DIRECTOR	1.00	Director	$0	$0	$0
RICHARD BRIGHT - SEE SCHEDULE O	CEO	30.00	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	$701,680	$734,167	$539,272	$-32,487
2023	$736,469	$743,136	$432,201	$-6,667
2022	$751,824	$787,298	$421,656	$-35,474
2021	$707,340	$654,378	$523,840	$52,962
2020	$549,998	$544,615	$644,662	$5,383
2019	$666,676	$669,851	$415,777	$-3,175
2018	$630,775	$614,107	$434,102	$16,668

AMERICAN COUNCIL OF INDEPENDENT LABORATORIES INC