UNITED STATES BUSINESS AND INDUSTR… - 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

1933

Legal Domicile

Principal Officer

KEVIN KEARNS

Phone

2029579994

Tax Period

2023-01-01 to 2023-12-31

UNITED STATES BUSINESS AND INDUSTRY COUNCIL, founded in 1933, is a micro nonprofit that reported $66K in total revenue in fiscal year 2023. Expenses of $79K exceeded revenue, resulting in a 21% operating deficit.

Mission

COUNCIL PURPOSE IS TO PROMOTE KNOWLEDGE OF THE PRINCIPLES OF FREE ENTERPRISE AND THE FREE MARKET TO THE PUBLIC BY MEANS OF PUBLISHED ARTICLES, LECTURES, AND OTHER VENTURES

Program Service Accomplishments

Program 1

THE COUNCIL IS ORGANIZED FOR THE PURPOSE OF PROMOTING FREE ENTERPRISE LIMITED GOVERMENT; A NATIONAL DEFENSE SECOND TO NONE; AMERICAN-CENTERED FOREGIN AND TRADE POLICIES; SOUND FISCAL, TAX, AND...

THE COUNCIL IS ORGANIZED FOR THE PURPOSE OF PROMOTING FREE ENTERPRISE LIMITED GOVERMENT; A NATIONAL DEFENSE SECOND TO NONE; AMERICAN-CENTERED FOREGIN AND TRADE POLICIES; SOUND FISCAL, TAX, AND MONETARY POLICIES; ENERGY INDEPENDENCE; EFFICIENT NATURAL RESOURCES USE: JOB AND WEALTH CREATION OF ALL AMERICANS: EXPANSION OF U.S. BUSINESS AND INDUSTRIES BASE; AND THE MORAL REVITALIZATION OF THE REPUBLIC

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $65,500

Investment Income $0

Other Revenue $0

TOTAL REVENUE $65,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,719

Fundraising Expenses $0

Other Expenses $27,631

TOTAL EXPENSES $79,350

Year-over-Year Comparison

	2023	2022	Change
Revenue	$65,500	$68,700	0.0%
Expenses	$79,350	$40,799	+0.9%
Net Income	$-13,850	$27,901	-1.5%

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

Total Directors

$48,799

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN L KEARNS	PRESIDENT	40.00	Director	$37,071	$11,728	$48,799
ABRAHAM GOLDFARB	DIRECTOR	1.00	Director	$0	$0	$0
HANK TRUE	DIRECTOR	1.00	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
2023	$65,500	$79,350	$21,549	$-13,850
2022	$68,700	$40,799	$35,301	$27,901
2021	$140,450	$150,643	$9,016	$-10,193
2020	$144,300	$127,252	$24,808	$17,048
2018	$133,022	$186,979	$67,768	$-53,957

UNITED STATES BUSINESS AND INDUSTRY COUNCIL