ASSOCIATED AIR BALANCE COUNCIL

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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

2020

Legal Domicile

Principal Officer

BRIAN VENN

Phone

2027370202

Tax Period

2023-01-01 to 2023-12-31

ASSOCIATED AIR BALANCE COUNCIL, founded in 2020, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2023. Expenses of $1.2M left a modest 8% surplus.

Mission

AABC ESTABLISHES INDUSTRY STANDARDS FOR TOTAL SYSTEM BALANCE OF BUILDING ENVIRONMENTS, AND IS THE ONLY ASSOCIATION THAT EXCLUSIVELY CERTIFIES INDEPENDENT AGENCIES. MEMBERS RECEIVE CERTIFICATION, TECHNICAL TRAINING, CONTINUING EDUCATION, MARKETING, BUSINESS RESOURCES, PROFESSIONAL NETWORKING, AND INDUSTRY ADVOCACY.

Program Service Accomplishments

Program 1

THE COUNCIL PROMOTES PROFESSIONAL STANDARDS FOR THE HVAC INDUSTRY AND A SCIENTIFIC APPROACH TO TESTING AND BALANCING AIR HANDLING SYSTEMS. THE COUNCIL CONDUCTS A CERTIFICATION PROGRAM FOR...

THE COUNCIL PROMOTES PROFESSIONAL STANDARDS FOR THE HVAC INDUSTRY AND A SCIENTIFIC APPROACH TO TESTING AND BALANCING AIR HANDLING SYSTEMS. THE COUNCIL CONDUCTS A CERTIFICATION PROGRAM FOR TEST-AND-BALANCE ENGINEERS AND A NATIONAL PERFORMANCE GUARANTY PROGRAM WHICH ASSURES OWNERS AND ENGINEERS THAT WHEN A COUNCIL FIRM IS SPECIFIED, SYSTEMS WILL BE BALANCED IN ACCORDANCE WITH THE PROJECT SPECIFICATIONS AND THE AABC NATIONAL STANDARDS AND PROCEDURES. THE COUNCIL SERVES NATIONAL AND INTERNATIONAL MEMBERS. THE COUNCIL PRODUCES A VARIETY OF REFERENCES FOR TESTING & BALANCING, INCLUDING STANDARDS, PROCEDURAL AND FIELD GUIDELINES, AND TRAINING MANUALS AND VIDEOS.

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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 $0

Program Service Revenue $1,213,610

Investment Income $21,047

Other Revenue $48,195

TOTAL REVENUE $1,282,852

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,186,358

TOTAL EXPENSES $1,186,358

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,282,852	$1,203,713	+0.1%
Expenses	$1,186,358	$1,170,599	+0.0%
Net Income	$96,494	$33,114	+1.9%

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
GAYLON RICHARDSON	PRESIDENT	5.00	Officer Director	$0	$0	$0
DOUGLAS R MEACHAM	EXECUTIVE VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
BRIAN G VENN	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
JEREMY JOHNSON	VICE PRESIDENT/CENTRAL ZONE 1	2.00	Director	$0	$0	$0
JOSH GREEN	VICE PRESIDENT/CENTRAL ZONE 2	2.00	Director	$0	$0	$0
ROBERT KOLNES	VICE PRESIDENT/WESTERN ZONE 3	2.00	Director	$0	$0	$0
RAYMOND R BERT	EXECUTIVE DIRECTOR	10.00	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
2024	No data	No data	No data	No data
2023	$1,282,852	$1,186,358	$1,376,009	$96,494
2022	$1,203,713	$1,170,599	$1,293,367	$33,114