CMEC HOLDINGS INC (EIN 592316651) - 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

1983

Legal Domicile

Principal Officer

RAYMOND O FOX

Phone

8135033002

Tax Period

2021-01-01 to 2021-12-31

CMEC HOLDINGS INC, founded in 1983, is a micro nonprofit that reported $5K in total revenue in fiscal year 2021. Revenue surged 628% from the prior year, signaling strong growth momentum. Expenses of $208K exceeded revenue, resulting in a 3986% operating deficit.

Mission

THE ORGANIZATION WAS FORMED FOR THE PURPOSE OF TRAINING AND CERTIFICATION SERVICES TO THE GOVERNMENT AND PRIVATE SECTOR FOR CONSTRUCTION MATERIALS AND CONSTRUCTION ENGINEERING AND TESTING SERVICES AT A MORE COMPETENT LEVEL. THIS IS NOW BEING ACCOMPLISHED THROUGH FUNDING THE AMERICAN CONCRETE INSTITUTE AND ITS FOUNDATION.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $5,094

TOTAL REVENUE $5,094

Expense Breakdown

Grants Paid $104,883

Salaries & Benefits $88,127

Fundraising Expenses $0

Program Expenses $193,130

Other Expenses $15,120

TOTAL EXPENSES $208,130

Year-over-Year Comparison

	2021	2020	Change
Revenue	$5,094	$700	+6.3%
Expenses	$208,130	$75,210	+1.8%
Net Income	$-203,036	$-74,510	+1.7%

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

N/A

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

$88,127

Total Directors

$88,127

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID WESTCOTT	TREASURER	5.00	Officer Director	$35,884	$0	$35,884
RAYMOND FOX	PRESIDENT	5.00	Officer Director	$44,327	$0	$44,327
FRANK SASSO	DIRECTOR	5.00	Officer Director	$7,916	$0	$7,916

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
2021	$5,094	$208,130	No data	$-203,036
2020	$700	$75,210	$205,537	$-74,510
2019	$10,449	$153,674	$277,547	$-143,225
2018	$162,187	$822,911	$691,907	$-660,724

CMEC HOLDINGS INC