TIC COUNCIL AMERICAS INC

EIN: 541974394 Community Improvement

WASHINGTON, DC

Total Revenue
$331,703
Total Expenses
$284,830
Total Assets
$62,145
Net Assets
$62,145
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
NY
Principal Officer
JAMES ARMSTRONG
Phone
2407628069
Tax Period
2023-01-01 to 2023-12-31

TIC COUNCIL AMERICAS INC, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $332K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $285K left a modest 14% surplus.

Mission

PROMOTE COMMON BUSINESS INTERESTS BETWEEN INSPECTION AGENCIES WORLDWIDE IN ORDER TO MAINTAIN AND ENHANCE THE QUALITY AND SERVICES PROVIDED INCLUDING INSPECTION CERTIFICATIONS.

Program Service Accomplishments

Program 1

THE OBJECTIVES OF TIC COUNCIL AMERICAS INC. INCLUDE THE FOLLOWING:- TO OVERSEE DEPLOYMENT OF THE AGREED GLOBAL STRATEGY WITH FOCUS ON THE AMERICAS REGION;- TO ENSURE STRATEGIC RELATIONSHIPS AND...

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THE OBJECTIVES OF TIC COUNCIL AMERICAS INC. INCLUDE THE FOLLOWING:- TO OVERSEE DEPLOYMENT OF THE AGREED GLOBAL STRATEGY WITH FOCUS ON THE AMERICAS REGION;- TO ENSURE STRATEGIC RELATIONSHIPS AND ALLIANCES ARE NURTURED AND MAINTAINED WITH KEY STAKEHOLDERS;- TO MONITOR ISSUES LIKELY TO IMPACT THE TIC INDUSTRY IN THE AMERICAS REGION AND ACT SWIFTLY ON THEM;- TO AGREE AND ALLOCATE RESOURCES AS RELEVANT;- TO AGREE AND PRIORITIZE ISSUES AND TOPICS TO BE ADDRESSED AS THEY ARISEPROGRAM SERVICE ACCOMPLISHMENTS: IN 2023, TIC COUNCIL AMERICAS PUBLISHED 7 PUBLIC COMMENTS AND TESTIFIED AT 2 CPSC HEARINGS AS WELL AS A USPTO HEARING. THE EXECUTIVE DIRECTOR MODERATED AT THE ICPHSO SYMPOSIUM AS WELL AS A NUMBER OF VIRTUAL WEBINARS AND WORKSHOPS, INCLUDING A SERIES OF WEBINARS ON BATTERY SAFETY AND SUSTAINABILITY, AN EVENT CO-HOSTED BY BRAZILIAN NATIONAL INDUSTRY CONFEDERATION (CNI), AN EVEN COHOSTED BY STATE AUTHORITIES OF WASHINGTON AND OREGON, OAS, AND THE OECD. SIMILARLY, TIC COUNCIL AMERICAS PRESENTED AT A WEBINAR ON QUALITY INFRASTRUCTURE REFORM HOSTED BY BRAZIL'S MDIC. TIC COUNCIL HAS CONTINUED REGULAR COLLABORATION WITHIN THE SHOP SAFE COALITION AND THE COALITION IN SUPPORT OF THE INFORM ACT (WHICH WAS PASSED IN JUNE 23, 2023), AS WELL AS MAINTAINED CLOSE COLLABORATIVE RELATIONSHIPS WITH E.M.A., COMENOR AND ASOCEC.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $331,703
Investment Income $0
Other Revenue $0
TOTAL REVENUE $331,703

Expense Breakdown

Grants Paid $0
Salaries & Benefits $150,330
Fundraising Expenses $0
Other Expenses $134,500
TOTAL EXPENSES $284,830

Year-over-Year Comparison

2023 2022 Change
Revenue $331,703 $257,792 +0.3%
Expenses $284,830 $257,451 +0.1%
Net Income $46,873 $341 +136.5%
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

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Governance

Voting Members
4
Independent Members
4
Employees
2
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
4
$123,737
Total Directors
5
$24,516
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEREK GREENAUER CHAIRMAN 1.75
Director
$0 $0 $0
JAMES ARMSTRONG VICE CHAIRMAN 6.00
Officer Director
$0 $0 $0
HANANE TAIDI BOARD MEMBER 4.00
Director
$0 $0 $0
KELVIN COLEMAN EXECUTIVE DIRECTOR-AS OF 9/2023 40.00
Officer Director
$24,516 $0 $24,516
KATHRYN YUNG TREASURER 0.50
Officer Director
$0 $0 $0
KARIN ATHANAS EXECUTIVE DIRECTOR-TIL 8/2023 40.00
Officer
$99,221 $0 $99,221
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $331,703 $284,830 $62,145 $46,873
2022 $257,792 $257,451 $15,272 $341
2021 $152,602 $237,880 $14,931 $-85,278
2020 $300,000 $227,847 $100,209 $72,153
2018 $264,316 $270,869 $28,481 $-6,553
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