WOOD COMPONENT MANUFACTURERS ASSOCIATION (EIN 620522397) - 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

1929

Legal Domicile

Principal Officer

AMY SNELL

Phone

6513326332

Tax Period

2024-01-01 to 2024-12-31

WOOD COMPONENT MANUFACTURERS ASSOCIATION, founded in 1929, is a small nonprofit that reported $199K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $258K exceeded revenue, resulting in a 29% operating deficit.

Mission

THE WOOD COMPONENT MANUFACTURERS ASSOCIATION CULTIVATES A MEMBER NETWORK THROUGH EXPOSURE TO INNOVATIONS, INDUSTRY PROMOTION, TRENDS AND INFORMATION, AND PEER LEARNING IN SUPPORT OF THE NORTH AMERICAN WOOD PRODUCTS 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $157,368

Investment Income $41,979

Other Revenue $0

TOTAL REVENUE $199,347

Expense Breakdown

Grants Paid $0

Salaries & Benefits $185,347

Fundraising Expenses $0

Other Expenses $72,505

TOTAL EXPENSES $257,852

Year-over-Year Comparison

	2024	2023	Change
Revenue	$199,347	$218,864	-0.1%
Expenses	$257,852	$268,982	0.0%
Net Income	$-58,505	$-50,118	+0.2%

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

$124,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHIL MENZNER	PRESIDENT	1.00	Officer Director	$0	$0	$0
JEREMY MCCLAIN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
FRANK FITTS	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
MARK ELLIOTT	TREASURER	1.00	Officer Director	$0	$0	$0
ANDY TURNER	EX OFFICIO TECH PARTNER	1.00	Officer Director	$0	$0	$0
MATT YEST	DIRECTOR	1.00	Director	$0	$0	$0
SPENCER LUTZ	DIRECTOR	1.00	Director	$0	$0	$0
BEN ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
JOE HANSON	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES KRATZER	DIRECTOR	1.00	Director	$0	$0	$0
AMY SNELL	EXECUTIVE DIRECTOR	40.00	Officer	$111,000	$13,200	$124,200

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	$199,347	$257,852	$755,500	$-58,505
2023	$218,864	$268,982	$707,761	$-50,118
2022	$156,346	$235,893	$666,180	$-79,547
2021	$256,458	$219,950	$915,353	$36,508
2020	$152,279	$186,940	$804,101	$-34,661
2019	$272,786	$227,473	$768,303	$45,313
2018	$319,955	$267,632	$657,315	$52,323

WOOD COMPONENT MANUFACTURERS ASSOCIATION