AMERICAN COLLEGE OF TAX COUNSEL

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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

1980

Legal Domicile

Principal Officer

AMEEK ASHOK PONDA

Phone

8885494177

Tax Period

2023-01-01 to 2023-12-31

AMERICAN COLLEGE OF TAX COUNSEL, founded in 1980, is a small nonprofit that reported $163K in total revenue in fiscal year 2023. Expenses of $151K left a modest 7% surplus.

Mission

TO FOSTER AND RECOGNIZE EXCELLENCE AND TO ELEVATE THE STANDARDS IN THE PRACTICE OF THE PROFESSION OF TAX LAW, TO STIMULATE DEVELOPMENT OF SKILLS AND KNOWLEDGE THROUGH PARTICIPATION IN CONTINUING LEGAL EDUCATION PROGRAMS AND SEMINARS TO PROVIDE ADDITIONAL MECHANISMS FOR INPUT BY TAX PROFESSIONALS INTO DEVELOPMENT OF TAX LAWS, AND TO FACILITATE SCHOLARLY DISCUSSIONS AND EXAMINATIONS OF TAX POLICY ISSUES.

Program Service Accomplishments

Program 1

Expenses: $81,982 Revenue: $153,125

PROGRAM EXPENSES FOR MEETINGS AND SEMINARS AIMED AT FOSTERING AND STIMULATING DEVELOPMENT OF SKILLS AND KNOWLEDGE IN THE PRACTICE OF THE PROFESSION OF TAX LAW AND TO FACILITATE SCHOLARLY DISCUSSIONS...

Program 2

Expenses: $20,000

GRANT TO THE AMERICAN TAX POLICY INSTITUTE, A SECTION 501(C)(3) ORGANIZATION, WHICH SUPPORTS CONFERENCES AND OTHER PROGRAMMING HIGHLIGHTING TAX POLICY RESEARCH.

Program 3

Expenses: $3,113

GRANT AND RELATED EXPENSES TO THE THEODORE TANNENWALD, JR FOUNDATION FOR EXCELLENCE IN TAX SCHOLARSHIP, A 509(A)(3) SUPPORTING ORGANIZATION TO ACTC, TO SUPPORT ITS ANNUAL LAW STUDENT WRITING...

GRANT AND RELATED EXPENSES TO THE THEODORE TANNENWALD, JR FOUNDATION FOR EXCELLENCE IN TAX SCHOLARSHIP, A 509(A)(3) SUPPORTING ORGANIZATION TO ACTC, TO SUPPORT ITS ANNUAL LAW STUDENT WRITING COMPETITION IN THE FIELD OF TAX LAW.

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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 $153,125

Investment Income $9,378

Other Revenue $174

TOTAL REVENUE $162,677

Expense Breakdown

Grants Paid $48,113

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $105,095

Other Expenses $103,079

TOTAL EXPENSES $151,192

Year-over-Year Comparison

	2023	2022	Change
Revenue	$162,677	$151,198	+0.1%
Expenses	$151,192	$106,699	+0.4%
Net Income	$11,485	$44,499	-0.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARMANDO GOMEZ	IMMEDIATE PAST PRESIDENT	4.00	Director	$0	$0	$0
LARRY A CAMPAGNA	PRESIDENT	4.00	Officer Director	$0	$0	$0
MICHAEL DESMOND	SECRETARY-TREASURER	4.00	Officer Director	$0	$0	$0
AMEEK PONDA	BOARD OF REGENTS	1.00	Director	$0	$0	$0
JOHN P BARRIE	BOARD OF REGENTS	1.00	Director	$0	$0	$0
FRANK AGOSTINO	BOARD OF REGENTS	1.00	Director	$0	$0	$0
ROBB A LONGMAN	BOARD OF REGENTS	1.00	Director	$0	$0	$0
MARY A MCNULTY	BOARD OF REGENTS	1.00	Director	$0	$0	$0
SUSAN E MORGENSTERN	BOARD OF REGENTS	1.00	Director	$0	$0	$0
JENNY L JOHNSON WARE	BOARD OF REGENTS	1.00	Director	$0	$0	$0
JANETTE M LOHMAN	BOARD OF REGENTS	1.00	Director	$0	$0	$0
JULIE DIVOLA	BOARD OF REGENTS	1.00	Director	$0	$0	$0
ADAM M COHEN	BOARD OF REGENTS	1.00	Director	$0	$0	$0
STEPHEN R LOONEY	BOARD OF REGENTS	1.00	Director	$0	$0	$0
LISA M ZARLENGA	BOARD OF REGENTS	1.00	Director	$0	$0	$0
MELISSA L WILEY	BOARD OF REGENTS	1.00	Director	$0	$0	$0
ALICE G ABREU	BOARD OF REGENTS	1.00	Director	$0	$0	$0
BAHAR L SCHIPPEL	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
JAYE CALHOUN	BOARD OF REGENTS	1.00	Director	$0	$0	$0
PAMELA LYONS	ADMINISTRATION MANAGER	5.00	Officer	$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	No data	No data	No data	No data
2023	$162,677	$151,192	$729,310	$11,485
2022	$151,198	$106,699	$709,399	$44,499
2021	$144,955	$72,405	$641,471	$72,550
2020	$162,478	$95,148	$528,537	$67,330
2019	$149,794	$134,966	$528,846	$14,828
2018	$142,679	$117,994	$511,523	$24,685