TIC COUNCIL AMERICAS INC (EIN 541974394) - 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

1999

Legal Domicile

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

TO PROMOTE COMMON BUSINESS INTERESTS BETWEEN TESTING, INSPECTION & CERTIFICATION ORGANIZATIONS

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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 $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

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

$123,737

Total Directors

$24,516

Key Employees

Highest Compensated

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

TIC COUNCIL AMERICAS INC