NATIONAL OILHEAT RESEARCH ALLIANCE (EIN 542024246) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

MICHAEL DEVINE

Phone

4752911599

Tax Period

2023-01-01 to 2023-12-31

NATIONAL OILHEAT RESEARCH ALLIANCE, founded in 2001, is a community nonprofit in the Community Improvement sector that reported $9.6M in total revenue in fiscal year 2018. Expenses of $8.5M left a modest 11% surplus.

Mission

SEE PAGE 2, PART III, LINE 1

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $7,556,537

Investment Income $223,286

Other Revenue $-7,948

TOTAL REVENUE $7,771,875

Expense Breakdown

Grants Paid $4,269,417

Salaries & Benefits $1,048,807

Fundraising Expenses $0

Other Expenses $1,594,754

TOTAL EXPENSES $6,912,978

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,771,875	$8,489,007	-0.1%
Expenses	$6,912,978	$6,959,469	0.0%
Net Income	$858,897	$1,529,538	-0.4%

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

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

$403,947

Total Directors

$403,947

Key Employees

$312,006

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC DEGESERO	TREASURER	2.00	Officer Director	$0	$0	$0
SCOTT VADINO	DIRECTOR	1.00	Director	$0	$0	$0
MARIO BOUCHARD	DIRECTOR	1.00	Director	$0	$0	$0
MARK CASPERS	DIRECTOR	1.00	Director	$0	$0	$0
RICK BOLOGNA	IMMEDIATE PAST CHAIRMAN	2.00	Officer Director	$0	$0	$0
MICHAEL DEVINE	PRESIDENT	40.00	Officer Director	$362,472	$41,475	$403,947
MATT COTA	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES UGLIETTO	DIRECTOR	1.00	Director	$0	$0	$0
ROGER MARRAN	CHAIRMAN	2.00	Officer Director	$0	$0	$0
BOBBY PARLETT	DIRECTOR	1.00	Director	$0	$0	$0
CARTER VAILLANCOURT	DIRECTOR	1.00	Director	$0	$0	$0
HAL JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
KATE DUFFEY	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
SCOTT HACKER	DIRECTOR	1.00	Director	$0	$0	$0
STEVE POWERS	DIRECTOR	1.00	Director	$0	$0	$0
SANDRA FARRELL	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL MATTICE	DIRECTOR	1.00	Director	$0	$0	$0
STEVE CLARK	DIRECTOR	1.00	Director	$0	$0	$0
MIKE VAN DOREN	DIRECTOR	1.00	Director	$0	$0	$0
DAVID COYNE	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL LAMPARELLI	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS FAZIO	DIRECTOR	1.00	Director	$0	$0	$0
STEVE OEHLERT	DIRECTOR	1.00	Director	$0	$0	$0
GARY SIPPIN	DIRECTOR	1.00	Director	$0	$0	$0
RANDY GROFT	DIRECTOR	1.00	Director	$0	$0	$0
GREG CHILDS	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN JEFFERS	DIRECTOR	1.00	Director	$0	$0	$0
BRENT MOORE	DIRECTOR	1.00	Director	$0	$0	$0
CLAUDETTE TOWNSEND	DIRECTOR	1.00	Director	$0	$0	$0
KRISTYN SCHWEITZER	DIRECTOR	1.00	Director	$0	$0	$0
ALLISON HEANEY	DIRECTOR	1.00	Director	$0	$0	$0
LEANN PANNEBIANCO	DIRECTOR	1.00	Director	$0	$0	$0
DAVE WALTON	DIRECTOR	1.00	Director	$0	$0	$0
JACQUELINE HART	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MCCUSKER	DIRECTOR	1.00	Director	$0	$0	$0
TED NOONAN	DIRECTOR	1.00	Director	$0	$0	$0
BILL REICHERT JR	DIRECTOR	1.00	Director	$0	$0	$0
KATIE FOSTER	DIRECTOR	1.00	Director	$0	$0	$0
DOUG FREDERICKS	DIRECTOR	1.00	Director	$0	$0	$0
LEVI BOURNE	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS BUTCHER	RESEARCH MANAGER	40.00	Key Emp	$228,464	$83,542	$312,006

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	No data	No data	No data	No data
2023	$7,771,875	$6,912,978	$20,474,292	$858,897
2022	$8,489,007	$6,959,469	$18,896,161	$1,529,538
2021	$8,522,495	$6,960,125	$16,722,027	$1,562,370
2020	$8,023,785	$6,778,355	$15,269,654	$1,245,430
2019	$9,427,670	$7,018,912	$14,064,295	$2,408,758
2018	$9,572,743	$8,482,833	$12,488,475	$1,089,910

NATIONAL OILHEAT RESEARCH ALLIANCE