American Coatings 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

1933

Legal Domicile

Principal Officer

Michael W Johnson

Phone

2024626272

Tax Period

2024-01-01 to 2024-12-31

American Coatings Association Inc, founded in 1933, is a mid-sized nonprofit that reported $12.1M in total revenue in fiscal year 2024. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.9M, a strong 24% operating margin.

Mission

The Association shall advance the interests of the coatings industry and serve as its chief advocate and spokesperson before the government and public; domestically and globally. See Schedule O for continuation

Program Service Accomplishments

Program 1

Government Affairs and Advocacy: ACA's Paint Councils are a network of grassroots organizations representing the association in its efforts to promote the interests of the coatings industry at the...

Government Affairs and Advocacy: ACA's Paint Councils are a network of grassroots organizations representing the association in its efforts to promote the interests of the coatings industry at the state level. ACA's Paint Councils provide a forum for companies doing business in those states to interact with each other and with their elected officials. Administration and coordination of the Paint Council Network is overseen by the association's government affairs committee. Experience, to date, has shown that an organized, informed membership can make a significant difference in the outcome of public policy debates concerning coatings industry issues. Paint Council membership and participation is available to ACA corporate members only, since it is membership dues that support the work of the Paint Councils. Actions taken by each Paint Council are determined by its membership at regularly scheduled meetings throughout the year. Each Paint Council has professional staff for lobbying and association management.

Program 2

Events and Communications: ACA events focus on the latest technological innovations in the coatings field and allied industries. They offer detailed analysis on specific areas of coatings technology and are geared to a global audience. ACA also offers a variety of publications that highlight and address the issues in the coatings industry.

Program 3

Government, Health, Safety and Environmental Affairs: ACA's accomplishments include the following: provided technical assistance to federal and state agencies on air quality requirements for coatings and coatings facilities as well as guidance to the industry to facilitate compliance; successfully passed legislation in Maryland to authorize a paint stewardship program in the state; worked with US EPA on several TSCA rulemakings to ensure more reasonable chemicals management requirements; convinced the state of Illinois to adopt an amendment to the paint stewardship program for architectural paints in order to allow for universal waste designation of certain materials; assisted in the passage of legislation allowing the collection of non-industrial coatings and coatings-related products in the existing paint recovery program in California; defeated legislation in Minnesota that would have required licensing for any individuals purchasing paint products; awarded numerous safety awards to member facilities meeting the OSHA safety standards; provided assistance to several state and federal agencies on rulemakings impacting manufacture, labeling, transport and distribution of coatings products.

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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 $14,017

Program Service Revenue $10,048,692

Investment Income $1,994,875

Other Revenue $43,656

TOTAL REVENUE $12,101,240

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,728,525

Fundraising Expenses $0

Other Expenses $3,478,585

TOTAL EXPENSES $9,207,110

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,101,240	$7,633,205	+0.6%
Expenses	$9,207,110	$8,977,733	+0.0%
Net Income	$2,894,130	$-1,344,528	-3.2%

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

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

$1,842,081

Total Directors

Key Employees

$320,362

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeff Powell	Chair	0.50	Officer Director	$0	$0	$0
Chase Bean	Vice Chair & Treasurer	0.50	Officer Director	$0	$0	$0
Dan Calkins	Past Chair	0.50	Director	$0	$0	$0
David Penichter	ISC Chair	0.50	Director	$0	$0	$0
Steve Revnew	PC Chair	0.50	Director	$0	$0	$0
John Milgram	PaintPAC	0.50	Director	$0	$0	$0
Gary LeRoux	CPCA	0.50	Director	$0	$0	$0
Karl Altergott	Director	0.50	Director	$0	$0	$0
Bob Bourque	Director	0.50	Director	$0	$0	$0
Ben Corona	Director	0.50	Director	$0	$0	$0
Brandon Devis	Director	0.50	Director	$0	$0	$0
Jay Doubman	Director	0.50	Director	$0	$0	$0
Mark Forrest	Director	0.50	Director	$0	$0	$0
Steve Hentzen	Director	0.50	Director	$0	$0	$0
Chris Hicks	Director	0.50	Director	$0	$0	$0
Eric Kaiser	Director	0.50	Director	$0	$0	$0
Manabu Katagiri	Director	0.50	Director	$0	$0	$0
Brian Klinger	Director	0.50	Director	$0	$0	$0
Tim Knavish	Director	0.50	Director	$0	$0	$0
Paul Krueger	Director	0.50	Director	$0	$0	$0
Nils Lessman	Director	0.50	Director	$0	$0	$0
Kerry Mattox	Director	0.50	Director	$0	$0	$0
Jeff McManus	Director	0.50	Director	$0	$0	$0
Myron Petruch	Director	0.50	Director	$0	$0	$0
Heidi Petz	Director	0.50	Director	$0	$0	$0
Greg Poux-Guillaume	Director	0.50	Director	$0	$0	$0
Renata Rodrigues	Director	0.50	Director	$0	$0	$0
John Romano	Director	0.50	Director	$0	$0	$0
Kellie Schaffner	Director	0.50	Director	$0	$0	$0
Joanne Sekella	Director	0.50	Director	$0	$0	$0
Megan Selby	Director	0.50	Director	$0	$0	$0
Frank Sullivan	Director	0.50	Director	$0	$0	$0
Luis Tolosa	Director	0.50	Director	$0	$0	$0
John Vanderpool	Director	0.50	Director	$0	$0	$0
Carlos Verdejo	Director	0.50	Director	$0	$0	$0
Chris Villavarayan	Director	0.50	Director	$0	$0	$0
Mike Walton	Director	0.50	Director	$0	$0	$0
Jeff White	Director	0.50	Director	$0	$0	$0
David Wolf	Director	0.50	Director	$0	$0	$0
Michael Zink	Director	0.50	Director	$0	$0	$0
James Andrew Doyle	President & CEO	32.00	Officer	$785,092	$48,759	$1,030,124
Jeff Wasikowski	SVP, GC, and Corp Secretary	19.00	Officer	$138,645	$57,993	$346,836
Michael Williams Johnson	President & CEO	30.00	Officer	$325,290	$31,401	$465,121
Jessica Logan	Senior VP & CFO	20.00	Key Emp	$129,897	$60,568	$320,362
Heidi McAuliffe	SVP of Government Affairs	20.00	Highest	$141,616	$30,936	$314,167
Melissa Gibbons	Associate General Counsel	4.00	Highest	$22,180	$24,021	$245,819
Karen Bab	Associate General Counsel	22.00	Highest	$124,022	$56,972	$278,440
Cheryl Matthews	VP of Events and Expositions	40.00	Highest	$206,490	$49,026	$255,516
Riaz Zaman	Senior Counsel, Government Affairs	40.00	Highest	$200,649	$57,432	$258,081

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	$12,101,240	$9,207,110	$40,042,371	$2,894,130
2023	$7,633,205	$8,977,733	$40,085,241	$-1,344,528
2022	$8,820,986	$8,385,594	$41,011,457	$435,392
2021	$8,001,381	$7,643,979	$33,658,051	$357,402
2020	$7,463,462	$8,824,308	$31,269,914	$-1,360,846
2019	$11,850,970	$9,807,612	$30,884,134	$2,043,358
2018	$10,914,530	$9,371,271	$26,495,553	$1,543,259
2018	$10,914,530	$9,371,271	$26,495,553	$1,543,259