PROFESSIONAL AND BUSINESS ASSOCIATION (EIN 626081777) - 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

1967

Legal Domicile

Principal Officer

MELISSA GANO

Phone

4233969090

Tax Period

2024-01-01 to 2024-12-31

PROFESSIONAL AND BUSINESS ASSOCIATION, founded in 1967, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $198K, a strong 19% operating margin.

Mission

TO PROVIDE CAPITAL IN THE FORM OF LOANS AT REASONABLE RATES TO CHURCHES AND CHURCH SCHOOLSFOR THE PURPOSE OF NEW AND REPLACEMENT CONSTRUCTION. CAPITAL IS ACCUMULATED THROUGH LOANSMADE TO THE ORGANIZATION BY MEMBERS AND OTHERS. THE ORGANIZATION ALSO, OCCASIONALLY, MAKESDIRECT GRANTS TO THE LOCAL CONFERENCE OF CHURCHES TO ASSIST IN DEVELOPMENT

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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 $1,023,300

Investment Income $417

Other Revenue $0

TOTAL REVENUE $1,023,717

Expense Breakdown

Grants Paid $90,000

Salaries & Benefits $17,773

Fundraising Expenses $0

Program Expenses $770,417

Other Expenses $717,742

TOTAL EXPENSES $825,515

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,023,717	$712,307	+0.4%
Expenses	$825,515	$585,022	+0.4%
Net Income	$198,202	$127,285	+0.6%

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

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

$823

Total Directors

$823

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WOLF JEDAMSKI	PRESIDENT	1.00	Officer Director	$0	$0	$0
ED RUSK	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
KAREN MCCOLPIN	SECRETARY	1.00	Officer Director	$0	$0	$0
MELISSA GANO	TREASURER	2.00	Officer Director	$823	$0	$823
LESTER HAAG	BOARD MEMBER	1.00	Director	$0	$0	$0
FRED KNOPPER	BOARD MEMBER	1.00	Director	$0	$0	$0
BARRY PATTERSON	BOARD MEMBER	1.00	Director	$0	$0	$0
MARLIN WALTER	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHEN RUF	BOARD MEMBER	1.00	Director	$0	$0	$0
TERRY WILT	BOARD MEMBER	1.00	Director	$0	$0	$0
CHARLES YOUNG	BOARD MEMBER	1.00	Director	$0	$0	$0
ROGER HALL	BOARD MEMBER	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
2024	$1,023,717	$825,515	$20,373,430	$198,202
2023	$712,307	$585,022	$19,941,577	$127,285
2022	$478,427	$396,676	$16,793,769	$81,751
2021	$492,571	$403,158	$16,289,186	$89,413
2020	$522,194	$421,094	$17,642,734	$101,100
2019	$463,081	$384,496	$16,681,571	$78,585
2018	$483,858	$394,784	$15,952,822	$89,074

PROFESSIONAL AND BUSINESS ASSOCIATION