THE RAILWAY INDUSTRIAL CLEARANCE A… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1969

Legal Domicile

Principal Officer

THEO VALLAS

Phone

8323790879

Tax Period

2023-01-01 to 2023-12-31

THE RAILWAY INDUSTRIAL CLEARANCE ASSOC, founded in 1969, is a small nonprofit that reported $294K in total revenue in fiscal year 2023. Expenses of $267K left a modest 9% surplus.

Mission

TRADE ASSOCIATION FOR RAIL TRANSPORTATION AND RELATED INDUSTRIES.

Program Service Accomplishments

Program 1

Expenses: $227,890 Revenue: $282,590

HELD ANNUAL CONFERENCE IN INDIANAPOLIS, WHERE APPROXIMATELY 200 MEMBERS AND 20 GUESTS MET TO DISCUSS ISSUES AND CONCERNS RELATED TO THE SAFE AND EFFICIENT HANDLING OF OVERSIZE SHIPMENTS THROUGHOUT...

HELD ANNUAL CONFERENCE IN INDIANAPOLIS, WHERE APPROXIMATELY 200 MEMBERS AND 20 GUESTS MET TO DISCUSS ISSUES AND CONCERNS RELATED TO THE SAFE AND EFFICIENT HANDLING OF OVERSIZE SHIPMENTS THROUGHOUT NORTH AMERICA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $11,250

Program Service Revenue $282,590

Investment Income $2

Other Revenue $0

TOTAL REVENUE $293,842

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $27,026

Program Expenses $227,890

Other Expenses $266,657

TOTAL EXPENSES $266,657

Year-over-Year Comparison

	2023	2022	Change
Revenue	$293,842	$292,377	+0.0%
Expenses	$266,657	$280,487	0.0%
Net Income	$27,185	$11,890	+1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THEO VALLAS	PRESIDENT	3.00	Officer Director	$0	$0	$0
LAURIE NELSON-COOLEY	CHAIRPERSON	3.00	Director	$0	$0	$0
GRANT WATTMAN	VP	3.00	Officer Director	$0	$0	$0
BEN DUVALL	TREASURER	6.00	Officer Director	$0	$0	$0
JEFF KETTERMAN	SECRETARY	3.00	Officer Director	$0	$0	$0
GREG MCCOMAS	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA ZANGERLE	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA KARCZ	DIRECTOR	1.00	Director	$0	$0	$0
AJ BUSH	DIRECTOR	1.00	Director	$0	$0	$0
ROCCO PICCIRILLO	DIRECTOR	1.00	Director	$0	$0	$0
JOE SINDELAR	DIRECTOR	1.00	Director	$0	$0	$0

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	$293,842	$266,657	$119,356	$27,185
2022	$292,377	$280,487	$92,171	$11,890
2021	$2,552	$23,097	$80,281	$-20,545
2020	$21,003	$56,850	$100,826	$-35,847
2019	$468,933	$323,500	$200,521	$145,433
2019	$406,973	$325,388	$136,673	$81,585
2018	$291,115	$290,789	$45,298	$326

THE RAILWAY INDUSTRIAL CLEARANCE ASSOC