Representative of German Business

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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

2018

Legal Domicile

Principal Officer

Sven Thorsten Potthoff

Phone

4152481240

Tax Period

2024-01-01 to 2024-12-31

Representative of German Business, founded in 2018, is a community nonprofit in the Community Improvement sector that reported $2.8M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

The Representative of German Business mission is to support, promote and maximize trade and investment relationships between the Federal Republic of Germany and the U.S.A.

Program Service Accomplishments

Program 1

As part of Representative of German Business (RGB) services in establishing business presence in the US, RGB offers consulting services. These services include a wide range of integrative options...

As part of Representative of German Business (RGB) services in establishing business presence in the US, RGB offers consulting services. These services include a wide range of integrative options, from detailed market studies to business correspondence services to potential partners. RGB customizes its' services according to each client's needs so that it is able to offer the best business partner referrals. Furthermore, RGB coordinates incentive programs to facilitate companies in exporting to the US. Consulting services include: market studies; office representations; individual business partner arrangement; US market development and VHP USA.

Program 2

With its innovation centers in Silicon Valley, Seattle, Los Angeles and Phoenix, the western United States is one of the most important business locations in the world. Especially Silicon Valley is the driving force behind digitalization. Future trends and potential risk can be identified here, and you can easily get in touch with important technologies and business partners. The Innovation Solutions Team of the Representative of German Business (RGB) is building a bridge to the western United States and Silicon Valley. With the help of an established network of industry, technology, and innovation experts, the RGB supports German companies to master challenges of digitalization. This equips German companies with a decisive competitive advantage.

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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 $2,316,356

Program Service Revenue $451,104

Investment Income $885

Other Revenue $36,236

TOTAL REVENUE $2,804,581

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,930,678

Fundraising Expenses $0

Other Expenses $899,547

TOTAL EXPENSES $2,830,225

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,804,581	$2,957,417	-0.1%
Expenses	$2,830,225	$2,914,122	0.0%
Net Income	$-25,644	$43,295	-1.6%

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

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

$1,004,058

Total Directors

$791,149

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sven Potthoff	President & CEO	38.00	Officer Director	$791,149	$0	$791,149
Benjamin Leipold	Chairman	1.00	Director	$0	$0	$0
Thorsten Wilke	Vice Chairman	1.00	Director	$0	$0	$0
Mirko Wutzler	Vice President	38.00	Officer	$212,909	$0	$212,909

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	$2,804,581	$2,830,225	$1,926,576	$-25,644
2023	$2,957,417	$2,914,122	$2,249,254	$43,295
2022	$2,577,196	$2,464,013	$2,893,722	$113,183
2021	$2,078,812	$2,029,339	$1,573,381	$49,473
2020	$2,534,571	$2,208,971	$1,031,899	$325,600
2019	$3,022,202	$2,815,546	$940,302	$206,656
2018	$2,195,779	$2,025,787	$1,112,233	$169,992