DALTON, GA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE CARPET & RUG INSTITUTE INC, founded in 1945, is a community nonprofit that reported $4.7M in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $6.6M exceeded revenue, resulting in a 42% operating deficit.
THE CARPET AND RUG INSTITUTE, INC. (CRI) WAS FORMED TO PROVIDE AN ASSOCIATION TO GATHER AND DISSEMINATE INFORMATION REGARDING LAWS, REGULATIONS, AND CONDITIONS AFFECTING THE U.S. FLOOR COVERING INDUSTRY. CRI ALSO PROMOTES AND PROVIDES VARIOUS SERVICES TO THOSE IN THE INDUSTRY. CRI'S MEMBERSHIP IS COMPOSED OF MANUFACTURING AND ASSOCIATE (NONVOTING) MEMBERS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,661,013 | $5,904,325 | -0.2% |
| Expenses | $6,611,628 | $4,531,634 | +0.5% |
| Net Income | $-1,950,615 | $1,372,691 | -2.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| TOM PENDLEY | CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| FRANCO ROSSI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT SHAW | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHIP HOWALT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TIM BAUCOM | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DANIEL K FRIERSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAY BROWN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOE SEMAAN | VICE CHAIR | 2.00 |
Director
|
$0 | $0 | $0 |
| WINN EVERHART | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PATRICK KEESE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KURT R DELOZIER | CEO | 50.00 |
Officer
|
$263,114 | $40,303 | $303,417 |
| SUSAN NEWBERRY | CFO | 40.00 |
Officer
|
$131,374 | $23,531 | $154,905 |
| RYAN WILLIAMS | EMPLOYEE | 40.00 |
Highest
|
$126,455 | $40,438 | $166,893 |
| JENNIFER STOWE | EMPLOYEE | 40.00 |
Highest
|
$232,783 | $35,683 | $268,466 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $4,661,013 | $6,611,628 | $4,883,026 | $-1,950,615 |
| 2023 | $5,904,325 | $4,531,634 | $6,777,323 | $1,372,691 |
| 2022 | $2,346,028 | $4,637,692 | $5,550,765 | $-2,291,664 |
| 2021 | $6,354,333 | $5,259,950 | $7,916,112 | $1,094,383 |
| 2020 | $6,099,937 | $6,223,331 | $6,778,536 | $-123,394 |
| 2019 | $8,712,284 | $7,631,755 | $7,566,787 | $1,080,529 |
| 2018 | $7,967,436 | $7,158,603 | $6,458,072 | $808,833 |
Compare THE CARPET & RUG INSTITUTE INC with other nonprofits in Georgia and across the country.