INTERCOIFFURE AMERICA-CANADA

EIN: 582126605

NEW YORK, NY

Total Revenue
$732,208
Total Expenses
$851,579
Total Assets
$1,241,638
Net Assets
$1,191,638
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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
1994
Legal Domicile
DE
Principal Officer
SCOTT BUCHANAN
Phone
2123343777
Tax Period
2024-01-01 to 2024-12-31

INTERCOIFFURE AMERICA-CANADA, founded in 1994, is a small nonprofit that reported $732K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $852K exceeded revenue, resulting in a 16% operating deficit.

Mission

THE CORPORATION WAS FORMED FOR THE PURPOSE OF PROFESSIONAL ENHANCEMENT FUNCTIONS ON BEHALF OF THE COSMETOLOGY INDUSTRY.

Program Service Accomplishments

Program 1
Expenses: $717,469

THE CORPORATION ORGANIZES TWO MAJOR EVENTS FOR ITS MEMBERS HELD IN THE SPRING AND FALL. THE PURPOSE OF THESE PROGRAMS IS TO USE MEMBER DUES, SPONSORSHIPS, AND OTHER INCOME FOR PROFESSIONAL...

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THE CORPORATION ORGANIZES TWO MAJOR EVENTS FOR ITS MEMBERS HELD IN THE SPRING AND FALL. THE PURPOSE OF THESE PROGRAMS IS TO USE MEMBER DUES, SPONSORSHIPS, AND OTHER INCOME FOR PROFESSIONAL ENHANCEMENT WITHIN THE COSMETOLOGY 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $98,000
Program Service Revenue $617,059
Investment Income $17,149
Other Revenue $0
TOTAL REVENUE $732,208

Expense Breakdown

Grants Paid $0
Salaries & Benefits $40,200
Fundraising Expenses $0
Program Expenses $717,469
Other Expenses $811,379
TOTAL EXPENSES $851,579

Year-over-Year Comparison

2024 2023 Change
Revenue $732,208 $873,586 -0.2%
Expenses $851,579 $744,596 +0.1%
Net Income $-119,371 $128,990 -1.9%
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

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
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
5
$40,200
Total Directors
15
$40,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHEILA ZARICOR-WILSON PRESIDENT 1.00
Officer Director
$33,000 $0 $33,000
SCOTT BUCHANAN 1ST VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
ADAM BRODERICK 2ND VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
TERRANCE MCKEE SECRETARY 0.50
Officer Director
$0 $0 $0
SALVATORE MINARDI TREASURER 0.50
Officer Director
$7,200 $0 $7,200
BELINDA GAMBUZZA BOARD MEMBER 0.50
Director
$0 $0 $0
RAY CIVELLO BOARD MEMBER 0.50
Director
$0 $0 $0
CHAD CANTU BOARD MEMBER 0.50
Director
$0 $0 $0
JEFFREY LAMORTE BOARD MEMBER 0.50
Director
$0 $0 $0
CORAL PLEAS BOARD MEMBER 0.50
Director
$0 $0 $0
ANGELA PANTALEONE BOARD MEMBER 0.50
Director
$0 $0 $0
DIANE COLE STEVENS BOARD MEMBER 0.50
Director
$0 $0 $0
FRANK WESTERBEKE BOARD MEMBER 0.50
Director
$0 $0 $0
PERRY MONGE BOARD MEMBER 0.50
Director
$0 $0 $0
DEBRA PENZONE BOARD MEMBER 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 $732,208 $851,579 $1,241,638 $-119,371
2023 $873,586 $744,596 $1,356,228 $128,990
2022 $664,920 $997,612 $1,035,889 $-332,692
2021 $614,008 $591,751 $1,493,364 $22,257
2020 $614,702 $362,126 $1,325,517 $252,576
2019 $1,558,959 $1,566,031 $1,083,988 $-7,072
2018 $1,404,787 $1,187,526 $1,326,840 $217,261
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