ENGINEERING ASSOCIATION INC (EIN 620521642) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1937

Legal Domicile

Principal Officer

ANTHONY CHORNEY

Phone

8656377901

Tax Period

2024-01-01 to 2024-12-31

ENGINEERING ASSOCIATION INC, founded in 1937, is a small nonprofit that reported $652K in total revenue in fiscal year 2024. Expenses of $739K exceeded revenue, resulting in a 13% operating deficit.

Mission

ASSOCIATION OF TVA AND NON-TVA ENGINEERS INVOLVED IN LABOR NEGOTIATIONS, ARBITRATION OF GRIEVANCES, AND TRAINING FOR BENEFIT OF MEMBERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $636,171

Program Service Revenue $0

Investment Income $15,723

Other Revenue $0

TOTAL REVENUE $651,894

Expense Breakdown

Grants Paid $0

Salaries & Benefits $446,135

Fundraising Expenses $0

Other Expenses $292,405

TOTAL EXPENSES $738,540

Year-over-Year Comparison

	2024	2023	Change
Revenue	$651,894	$623,585	+0.0%
Expenses	$738,540	$683,588	+0.1%
Net Income	$-86,646	$-60,003	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$18,782

Total Directors

$18,782

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
C DAVID LITTLEJOHN	CHATTANOOGA SECTION PRESIDENT	10.00	Officer Director	$2,772	$0	$2,772
JAYSON WILLIAMS	VALLEY-WIDE SECRETARY	10.00	Officer Director	$2,465	$0	$2,465
CAROLYN WILSON	VALLEY-WIDE PRESIDENT	10.00	Officer Director	$5,682	$0	$5,682
GREG JENNINGS	TREASURER	10.00	Officer Director	$637	$0	$637
JERRI DOLAN	NORTHEASTERN SECTION PRESI	10.00	Director	$0	$0	$0
ADAM DEIMLING	CHATTANOOGA SECTION PRESID	10.00	Director	$0	$0	$0
MATTHEW WALLACE	CHICKAMAUGA SECTION PRESID	10.00	Director	$0	$0	$0
CODY SLATON	SOUTHERN SECTION PRESIDENT	10.00	Director	$0	$0	$0
ANTHONY CHORNEY	VALLEY-WIDE VICE PRESIDENT	10.00	Officer Director	$7,226	$0	$7,226
NATALIE GILMORE	NASHVILLE-WEST SECTION PRE	10.00	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
2024	$651,894	$738,540	$1,171,784	$-86,646
2023	$623,585	$683,588	$1,285,292	$-60,003
2022	$559,553	$669,452	$1,384,366	$-109,899
2021	$632,440	$614,366	$1,170,123	$18,074
2020	$585,813	$544,537	$1,148,828	$41,276
2019	$615,761	$585,391	$1,107,791	$30,370
2018	$607,475	$579,825	$1,077,383	$27,650

ENGINEERING ASSOCIATION INC