NATIONAL INTERSTATE COUNCIL OF STATE BOARDS OF COSMETOLOGY

EIN: 570529397

MCCLEARY, WA

Total Revenue
$2,963,347
Total Expenses
$2,488,279
Total Assets
$5,440,265
Net Assets
$5,042,418
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
SC
Principal Officer
MELISSA ADDISON
Phone
5012278262
Tax Period
2024-07-01 to 2025-06-30

NATIONAL INTERSTATE COUNCIL OF STATE BOARDS OF COSMETOLOGY, founded in 1970, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2018. Revenue decreased 18% compared to the prior year.

Mission

PROMOTE THE PROTECTION OF THE HEALTH, SAFETY, AND WELFARE OF THE PUBLIC AND THE PROFESSIONAL WORKFORCE BY ACTIVELY PURSUING EXCELLENCE IN COSMETOLOGY AND RELATED FIELDS.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $62,300
Program Service Revenue $2,599,732
Investment Income $236,601
Other Revenue $64,714
TOTAL REVENUE $2,963,347

Expense Breakdown

Grants Paid $3,750
Salaries & Benefits $416,630
Fundraising Expenses $0
Program Expenses $2,213,200
Other Expenses $2,067,899
TOTAL EXPENSES $2,488,279

Year-over-Year Comparison

2024 2023 Change
Revenue $2,963,347 $3,421,255 -0.1%
Expenses $2,488,279 $2,110,167 +0.2%
Net Income $475,068 $1,311,088 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
N/A
Employees
7
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
11
$135,417
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANWAR SALEEM PRESIDENT 1.00
Officer
$0 $0 $0
VICKY MCNALLY IMMEDIATE PA 1.00
Officer Director
$0 $0 $0
MAUREEN WANNER REGION 3 DIR 1.00
Officer
$0 $0 $0
WENDY GRAY VICE PRESIDE 1.00
Officer
$0 $0 $0
LAQUITA HORTON REGION 1 DIR 1.00
Officer Director
$0 $0 $0
TIMOTHY ROOT REGION 2 DIR 1.00
Officer Director
$0 $0 $0
HEATHER SINCLAIR SECRETARY/TR 1.00
Officer Director
$0 $0 $0
MERRILYN CLELAND REGION 4 DIR 1.00
Officer Director
$0 $0 $0
KARLA JOHANSEN EXECUTIVE DI 1.00
Officer Director
$0 $0 $0
STEVEN MCDONALD EXECUTIVE DI 1.00
Officer Director
$0 $0 $0
SUSAN COLARD EXECUTIVE DI 40.00
Officer
$135,417 $0 $135,417
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 $2,963,347 $2,488,279 $5,440,265 $475,068
2024 $3,421,255 $2,110,167 $4,553,371 $1,311,088
2023 $2,781,358 $2,029,788 $3,346,834 $751,570
2022 $3,309,351 $2,407,816 $2,272,644 $901,535
2021 $2,102,683 $2,579,599 $1,457,211 $-476,916
2020 $2,571,195 $2,180,410 $1,867,803 $390,785
2019 $2,101,933 $2,142,077 $1,478,697 $-40,144
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