INTERNATIONAL TEXTILE MARKET ASSOCI (EIN 581917209) - Form 990 Financial Analysis & Trantor Score

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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

1990

Legal Domicile

Principal Officer

DAVID LAPPERT

Phone

3368856842

Tax Period

2024-09-01 to 2025-08-31

INTERNATIONAL TEXTILE MARKET ASSOCI, founded in 1990, is a small nonprofit in the Community Improvement sector that reported $345K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year.

Mission

TO PROMOTE ITS MEMBERS, THEIR PROFESSIONALISMS AND TO FOSTER A FAIR WORKING ENVIRONMENT. THIS OBJECTIVE IS PURSUED PRIMARILY THROUGH SHOWTIME, A SEMI- ANNUAL FABRIC MARKET.

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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 $281,734

Program Service Revenue $54,360

Investment Income $8,999

Other Revenue $0

TOTAL REVENUE $345,093

Expense Breakdown

Grants Paid $0

Salaries & Benefits $133,347

Fundraising Expenses $0

Other Expenses $205,504

TOTAL EXPENSES $338,851

Year-over-Year Comparison

	2024	2023	Change
Revenue	$345,093	$397,836	-0.1%
Expenses	$338,851	$347,676	0.0%
Net Income	$6,242	$50,160	-0.9%

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

$77,078

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARRIE DILLON	MANAGING DIR	40.00	Officer	$77,078	$0	$77,078
CARLA BLUITT	BOARD MEMBER	0.25	Director	$0	$0	$0
TAMMY BUCKNER	BOARD MEMBER	0.25	Director	$0	$0	$0
TAMMY COVINGTON	BOARD MEMBER	0.25	Director	$0	$0	$0
ANDERSON GIBBONS	BOARD MEMBER	0.25	Director	$0	$0	$0
STEVE GITTELSON	BOARD MEMBER	0.25	Director	$0	$0	$0
RICK LOVEGROVE	BOARD MEMBER	0.25	Director	$0	$0	$0
TOM NOTARO	BOARD MEMBER	0.25	Director	$0	$0	$0
ANDY PACUK	BOARD MEMBER	0.25	Director	$0	$0	$0
ELISE GABRIELSON	VICE PRESIDE	0.50	Officer	$0	$0	$0
MENDY KEARNS	TREASURER	0.50	Officer	$0	$0	$0
DAVID LAPPERT	PRESIDENT	0.50	Officer	$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	$345,093	$338,851	$530,701	$6,242
2024	$397,836	$347,676	$514,187	$50,160
2023	$374,154	$312,870	$498,863	$61,284
2022	$293,369	$254,331	$391,024	$39,038
2021	$268,387	$156,070	$308,819	$112,317
2020	$270,214	$250,453	$246,966	$19,761
2019	$350,027	$331,642	$228,785	$18,385
2018	$401,101	$346,218	$161,825	$54,883

INTERNATIONAL TEXTILE MARKET ASSOCI