INTERNATIONAL TEST COMMISSION INC

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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

1965

Legal Domicile

Principal Officer

DAVID BARTRAM

Phone

4024722190

Tax Period

2021-01-01 to 2021-10-05

INTERNATIONAL TEST COMMISSION INC, founded in 1965, is a micro nonprofit that reported $9K in total revenue in fiscal year 2020. Revenue fell 85% from the prior year — a significant decline worth monitoring. Expenses of $337K exceeded revenue, resulting in a 3558% operating deficit.

Mission

THE ORGANIZATION'S PURPOSE IS TO PROMOTE THE IMPROVEMENT OF TEST DEVELOPMENT AND TESTING PRACTICES ASSOCIATED WITH PSYCHOLOGICAL AND EDUCATIONAL TESTS THAT ASSESS BOTH PERSONAL ATTRIBUTES AND ACADEMIC ACHIEVEMENT.

Program Service Accomplishments

Program 1

Expenses: $290

COMMITTED TO PROMOTING EFFECTIVE TESTING AND ASSESSMENT POLICIES AND TO THE PROPER DEVELOPMENT, EVALUATION AND USES OF EDUCATIONAL AND PSYCHOLOGICAL INSTRUMENTS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $419

Program Service Revenue $0

Investment Income $3

Other Revenue $8,788

TOTAL REVENUE $9,210

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $290

Other Expenses $336,888

TOTAL EXPENSES $336,888

Year-over-Year Comparison

	2020	2019	Change
Revenue	$9,210	$62,772	-0.9%
Expenses	$336,888	$74,411	+3.5%
Net Income	$-327,678	$-11,639	+27.2%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALETTA ODENDAAL	PRESIDENT	0.50	Officer Director	$0	$0	$0
STEVE SIRECI	PRESIDENT ELECT	0.50	Officer Director	$0	$0	$0
PAULA ELOSUA	SECRETARY GENERAL	0.50	Officer Director	$0	$0	$0
DAVID BARTRAM	TREASURER	0.50	Officer Director	$0	$0	$0
KURT GEISINGER	PAST PRESIDENT	0.50	Director	$0	$0	$0
JON TWING	ELECTED MEMBER	0.50	Director	$0	$0	$0
RAINER HERMANN KURZ	ELECTED MEMBER	0.50	Director	$0	$0	$0
WAYNE CAMARA	ELECTED MEMBER	0.50	Director	$0	$0	$0
SOLANGE WECHSLER	ELECTED MEMBER	0.50	Director	$0	$0	$0
DRAGOS ILIESCU	CO-OPTED MEMBER	0.50	Director	$0	$0	$0
NEAL SCHMITT	CO-OPTED MEMBER	0.50	Director	$0	$0	$0
PETER MACQUEEN	CO-OPTED MEMBER	0.50	Director	$0	$0	$0
APRIL ZENISKY	CO-OPTED MEMBER	0.50	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
2021	$9,210	$336,888	No data	$-327,678
2020	$62,772	$74,411	$327,678	$-11,639
2019	$25,444	$53,686	$339,317	$-28,242
2018	$259,343	$215,569	$367,559	$43,774