Southwest Insulation Contractors Assoc (EIN 741405634) - 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

1958

Legal Domicile

Principal Officer

Lindsay Konlande

Phone

2814353859

Tax Period

2023-01-01 to 2023-12-31

Southwest Insulation Contractors Assoc, founded in 1958, is a small nonprofit that reported $239K in total revenue in fiscal year 2023.

Mission

The organization is a regional contractor association whose primary purpose is to further the insulation industry and provide a resource to both members and industry about the importance and effective use of insulation.

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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 $217,308

Program Service Revenue $0

Investment Income $0

Other Revenue $21,578

TOTAL REVENUE $238,886

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $12,597

Program Expenses $98,046

Other Expenses $237,023

TOTAL EXPENSES $237,023

Year-over-Year Comparison

	2023	2022	Change
Revenue	$238,886	$235,247	+0.0%
Expenses	$237,023	$248,859	0.0%
Net Income	$1,863	$-13,612	-1.1%

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
Jay Bridgewater	President	10.00	Officer Director	$0	$0	$0
Mark Rich	Vice President	1.00	Officer Director	$0	$0	$0
Trent Lesikar	Secretary	1.00	Officer Director	$0	$0	$0
Daniel King	Director	1.00	Director	$0	$0	$0
Mike Feehery	Director	1.00	Director	$0	$0	$0
Paul Batman	Director	1.00	Director	$0	$0	$0
Jared Lamothe	Director	1.00	Director	$0	$0	$0
David Patrick	Director	1.00	Director	$0	$0	$0
Vince Darder	Director	1.00	Director	$0	$0	$0
Jesus Adame	Director	1.00	Director	$0	$0	$0
Gerald Adams	Director	1.00	Director	$0	$0	$0
Michael Alcorn	Director	1.00	Director	$0	$0	$0
Ginny Gier	Director	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	No data	No data	No data	No data
2023	$238,886	$237,023	$227,588	$1,863
2022	$235,247	$248,859	$271,345	$-13,612
2021	$286,004	$273,023	$233,315	$12,981
2020	$156,978	$155,421	$254,198	$1,557

Southwest Insulation Contractors Assoc