NATIONAL AEROSOL ASSOCIATION

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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

1986

Legal Domicile

Principal Officer

KEVIN RICHARDS

Phone

7145264851

Tax Period

2024-11-01 to 2025-10-31

NATIONAL AEROSOL ASSOCIATION, founded in 1986, is a small nonprofit that reported $261K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $81K, a strong 31% operating margin.

Mission

TO PROTECT, PROMOTE AND SUPPORT THE AEROSOL INDUSTRY

Program Service Accomplishments

Program 1

NATIONAL AEROSOL ASSOCIATION MEETS WITH A NUMBER OF REGULATORS AND LEGISLATORS EXPLAINING TO THEM THE IMPLICATIONS OF PROPOSED LEGISLATION OR REGULATIONS. NAA ALSO HOLDS AN AEROSOL 101 CLASS IN...

NATIONAL AEROSOL ASSOCIATION MEETS WITH A NUMBER OF REGULATORS AND LEGISLATORS EXPLAINING TO THEM THE IMPLICATIONS OF PROPOSED LEGISLATION OR REGULATIONS. NAA ALSO HOLDS AN AEROSOL 101 CLASS IN SACRAMENTO FOR THE CALIFORNIA AIR RESOURCES BOARD WITH APPROXIMATELY 40 REGULATORY STAFF EXPLAINING TO THEM HOW AN AEROSOL WORKS, THE COMPLEX DESIGN OF THE DELIVERY SYSTEM, HOW IT WORKS WITH THE PRODUCT INSIDE TO PRODUCE THE DESIRED CONSUMER PRODUCT. NAA ATTENDS INDUSTRY CONFERENCES WHERE THEY IMPART INFORMATION ON A NUMBER OF AREAS THAT AFFECT THEIR INDUSTRY. THESE CONFERENCES CAN RANGE FROM AEROSOL 101, NEW TECHNOLOGY, TO NEW PRODUCT LINE, NEW REGULATIONS AND THEIR CHALLENGES, MANAGEMENT TIPS, LEAN MANUFACTURING, ETC.

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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 $238,636

Program Service Revenue $22,500

Investment Income $130

Other Revenue $0

TOTAL REVENUE $261,266

Expense Breakdown

Grants Paid $0

Salaries & Benefits $108,525

Fundraising Expenses $0

Other Expenses $71,532

TOTAL EXPENSES $180,057

Year-over-Year Comparison

	2024	2023	Change
Revenue	$261,266	$347,930	-0.2%
Expenses	$180,057	$335,608	-0.5%
Net Income	$81,209	$12,322	+5.6%

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

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

$100,220

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT BRONWSTEIN	DIRECTOR	0.50	Director	$0	$0	$0
CHUCK GABBERT	DIRECTOR	0.50	Director	$0	$0	$0
STEVE COOK	DIRECTOR	0.50	Director	$0	$0	$0
NICK FERRING	DIRECTOR	0.50	Director	$0	$0	$0
CHAS AYLSWORTH	DIRECTOR	0.50	Director	$0	$0	$0
JOE BOWEN	DIRECTOR	0.50	Director	$0	$0	$0
PAUL GARDNER	DIRECTOR	0.50	Director	$0	$0	$0
JEFF KRONFORST	DIRECTOR	0.50	Director	$0	$0	$0
BROCK MANNER	DIRECTOR	0.50	Director	$0	$0	$0
HARRY ZECHMAN	DIRECTOR	0.50	Director	$0	$0	$0
DAN PALASKY	DIRECTOR	0.50	Director	$0	$0	$0
BART BASTIAN	TREASURER	1.00	Officer	$0	$0	$0
DOUG RAYMOND	SECRETARY	1.00	Officer	$67,712	$0	$67,712
KEVIN RICHARDS	PRESIDENT	1.00	Officer	$0	$0	$0
MARY METZNER	EXECUTIVE DIRECTOR	1.00	Officer	$32,508	$0	$32,508
BEN HEIMANN	VICE PRESIDENT	1.00	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
2025	$261,266	$180,057	$275,016	$81,209
2024	$347,930	$335,608	$173,360	$12,322