Consumer Action Network Inc (EIN 832034312) - 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

2018

Legal Domicile

Principal Officer

Eric Schroeck

Phone

3142591234

Tax Period

2023-01-01 to 2023-12-31

Consumer Action Network Inc, founded in 2018, is a small nonprofit that reported $318K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $398K exceeded revenue, resulting in a 25% operating deficit.

Mission

A public benefit corporation organized exclusively to promote social welfare within the meaning of section 501(c)(4) of the Internal Revenue Code as advocate for free market principles & consumer choice, pursuing policies to foster & allow businesses to best serve customers.

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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 $317,628

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $317,628

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $382,976

Other Expenses $397,783

TOTAL EXPENSES $397,783

Year-over-Year Comparison

	2023	2022	Change
Revenue	$317,628	$382,000	-0.2%
Expenses	$397,783	$244,350	+0.6%
Net Income	$-80,155	$137,650	-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

N/A

Volunteers

250

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
Eric Schroeck	President & Director	1	Officer Director	$0	$0	$0
Phil Singer	Secretary & Director	1	Officer Director	$0	$0	$0
Aaron Rios	Treasurer & Director	1	Officer Director	$0	$0	$0
Bradley Ketcher	Fiscal & Disbursement Officer	2	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	$317,628	$397,783	$172,232	$-80,155
2022	$382,000	$244,350	$252,387	$137,650
2021	$337,000	$299,389	$114,737	$37,611
2020	$489,500	$412,374	$124,016	$77,126

Consumer Action Network Inc