TOWING AND RECOVERY ASSOCIATION OF AMERICA INC

EIN: 591942901 Community Improvement

WASHINGTON, DC

Total Revenue
$560,672
Total Expenses
$587,836
Total Assets
$346,405
Net Assets
$231,686
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
DC
Principal Officer
CYNTHIA MARTINEAU
Phone
8883929300
Tax Period
2024-01-01 to 2024-12-31

TOWING AND RECOVERY ASSOCIATION OF AMERICA INC, founded in 1991, is a small nonprofit in the Community Improvement sector that reported $561K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

TO FOSTER AND PROMOTE THE INTEREST AND WELFARE OF ALL TOWING AND RECOVERY OPERATORS IN NORTH AMERICA AND TO ENCOURAGE TOWING PROFESSIONALISM AND QUALITY CUSTOMER SERVICE THROUGHOUT THE WORLD. TO FOSTER AND ENCOURAGE FAIR COMPETITION IN ALL BUSINESS DEALINGS AND TO PROMOTE AND ENCOURAGE GOOD FELLOWSHIP AMONG MEMBERS. TO PROMOTE AND ENCOURAGE THE ENACTMENT OF WISE AND UNIFORM LEGISLATION THAT FOSTERS PROFESSIONALISM, QUALITY SERVICE, HEALTHY COMPETITION, AND FAIR COMPENSATION. TO SUPPORT THE GRASSROOTS LEGISLATIVE PROCESS AND BE READY TO PROVIDE HANDS-ON ADVICE AND EXPERTISE WHEN CALLED UPON TO SERVE THE LEGITIMATE INTERESTS OF THE TOWING AND RECOVERY INDUSTRY; AND TO OPPOSE UNWISE STATE AND LOCAL LEGISLATION DEEMED TO HAVE POTENTIAL NEGATIVE IMPACT ON THE TOWING AND RECOVERY INDUSTRY AS A WHOLE. TO SEEK TO ELIMINATE UNFAIR AND DESTRUCTIVE INDUSTRY PRACTICES. TO FOSTER COOPERATION AND UNITY AMONG ASSOCIATIONS IN OUR INDUSTRY SO THAT WE MAY HAVE A REPRESENTATIVE BODY THAT SPEAKS WITH A SI

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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 $3,000
Program Service Revenue $554,896
Investment Income $2,776
Other Revenue $0
TOTAL REVENUE $560,672

Expense Breakdown

Grants Paid $0
Salaries & Benefits $253,366
Fundraising Expenses $0
Program Expenses $559,278
Other Expenses $334,470
TOTAL EXPENSES $587,836

Year-over-Year Comparison

2024 2023 Change
Revenue $560,672 $488,136 +0.1%
Expenses $587,836 $459,673 +0.3%
Net Income $-27,164 $28,463 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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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
6
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LINDA UNRUH DIRECTOR 1.00
Director
$0 $0 $0
GAY ROCHESTER DIRECTOR 1.00
Director
$0 $0 $0
KRISTEN KLEMENZ SECRETARY 1.00
Director
$0 $0 $0
RICK RAHNER DIRECTOR 1.00
Director
$0 $0 $0
JOANNE BLYTON DIRECTOR 1.00
Director
$0 $0 $0
GEORGE KUNTZ PRESIDENT 10.00
Officer
$0 $0 $0
JAMES JENNINGS VICE PRESIDENT 1.00
Officer
$0 $0 $0
CHAD YARBROUGH VICE PRESIDENT 1.00
Officer
$0 $0 $0
JEFFREY ROSKOPF VICE PRESIDENT 1.00
Officer
$0 $0 $0
JIM DUSENBERRY VICE PRESIDENT 1.00
Officer
$0 $0 $0
MICHAEL WILDMAN TREASURER 10.00
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
2024 $560,672 $587,836 $346,405 $-27,164
2023 $488,136 $459,673 $459,514 $28,463
2022 $417,433 $434,244 $403,840 $-16,811
2021 $426,500 $401,645 $452,189 $24,855
2020 $419,881 $391,641 $367,264 $28,240
2019 $407,307 $400,798 $309,837 $6,509
2018 $302,401 $280,838 $280,655 $21,563
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