ASSOCIATION OF SPECIALTY CUT FLOWE… - Form 990 Financial Data

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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

1989

Legal Domicile

Principal Officer

STEVEN CRONE

Phone

4407742887

Tax Period

2024-01-01 to 2024-12-31

ASSOCIATION OF SPECIALTY CUT FLOWER GROWERS INC, founded in 1989, is a small nonprofit that reported $978K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $935K left a modest 4% surplus.

Mission

TO PROVIDE INFORMATION, EDUCATION, AND RESOURCES FOR THE PRODUCTION & MARKETING OF CUT FLOWERS. SIGNIFICANT ACTIVITIES INCLUDE THE PRODUCTION OF THE "CUT FLOWER QUARTERLY", REGIONAL & NATIONAL MEETINGS, RESEARCH AND PROVIDING NETWORKING OPPORTUNITIES TO MEMBERS.

Program Service Accomplishments

Program 1

Expenses: $633,280 Revenue: $389,435

SALES OF LITERATURE TO INCREASE KNOWLEDGE AND INTEREST REGARDING PRODUCTION AND MARKETING TECHNIQUES OF CUT FLOWERS. DISBURSE INFORMATION TO MEMBERSHIP THROUGH QUARTERLY MAGAZINE AND ELECTRONIC...

SALES OF LITERATURE TO INCREASE KNOWLEDGE AND INTEREST REGARDING PRODUCTION AND MARKETING TECHNIQUES OF CUT FLOWERS. DISBURSE INFORMATION TO MEMBERSHIP THROUGH QUARTERLY MAGAZINE AND ELECTRONIC NEWSLETTER.

Program 2

NATIONAL CONFERENCE AND REGIONAL MEETINGS PROVIDE INFORMATION REGARDING CUT FLOWER GROWING PRODUCTION AND MARKETING TECHNIQUES PROVIDING OPPORTUNITIES TO SHARE WITH FELLOW GROWERS AND PROMOTE...

NATIONAL CONFERENCE AND REGIONAL MEETINGS PROVIDE INFORMATION REGARDING CUT FLOWER GROWING PRODUCTION AND MARKETING TECHNIQUES PROVIDING OPPORTUNITIES TO SHARE WITH FELLOW GROWERS AND PROMOTE POSITIVE COMMUNICATION IN THE INDUSTRY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $558,214

Program Service Revenue $389,435

Investment Income $30,737

Other Revenue $0

TOTAL REVENUE $978,386

Expense Breakdown

Grants Paid $0

Salaries & Benefits $379,596

Fundraising Expenses $0

Program Expenses $633,280

Other Expenses $555,549

TOTAL EXPENSES $935,145

Year-over-Year Comparison

	2024	2023	Change
Revenue	$978,386	$1,093,972	-0.1%
Expenses	$935,145	$1,021,619	-0.1%
Net Income	$43,241	$72,353	-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

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

Total Directors

$202,550

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN CRONE	Executive Dir.	40.00	Director	$110,800	$0	$110,800
LINDA TWINING	Director	40.00	Director	$91,750	$0	$91,750
VALERIE SCHIRMER	President	0.50	Director	$0	$0	$0
JANIS HARRIS	Vice President	0.50	Director	$0	$0	$0
MICHELLE ELSTON	Treasurer	0.50	Director	$0	$0	$0
SUSAN ROCKWOOD	Secretary	0.50	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
2025	No data	No data	No data	No data
2024	$978,386	$935,145	$832,810	$43,241
2023	$1,093,972	$1,021,619	$787,850	$72,353
2022	$739,724	$760,978	$684,976	$-21,254
2021	$698,418	$530,244	$784,613	$168,174
2020	$495,834	$436,564	$617,905	$59,270
2019	$527,364	$454,828	$561,728	$72,536
2018	$563,586	$449,377	$466,895	$114,209

ASSOCIATION OF SPECIALTY CUT FLOWER GROWERS INC