CENTER FOR PROCUREMENT ADVOCACY INC (EIN 844499798) - 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

2020

Legal Domicile

Principal Officer

TIMOTHY COOK

Phone

2023310975

Tax Period

2023-01-01 to 2023-12-31

CENTER FOR PROCUREMENT ADVOCACY INC, founded in 2020, is a small nonprofit in the Public & Societal Benefit sector that reported $472K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $95K, a strong 20% operating margin.

Mission

TO PROVIDE MEMBERS A VENUE IN WHICH THEY MAY COLLABORATE, DEVELOP, AND ADVANCE POLICY POSITIONS THAT SEEK TO PROMOTE THEIR BUSINESS INTERESTS IN THE CONTEXT OF AN EFFICIENT, EFFECTIVE, TRANSPARENT, OPEN AND COMPETITIVE U.S. FEDERAL ACQUISITION SYSTEM (WHICH INCLUDES ACQUISITIONS OF COMMERCIAL PRODUCTS AND SERVICES TO SUPPORT U.S. FEDERAL GOVERNMENT AGENCY MISSIONS).

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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 $472,417

Investment Income $0

Other Revenue $0

TOTAL REVENUE $472,417

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $377,197

TOTAL EXPENSES $377,197

Year-over-Year Comparison

	2023	2022	Change
Revenue	$472,417	$407,231	+0.2%
Expenses	$377,197	$277,430	+0.4%
Net Income	$95,220	$129,801	-0.3%

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

$642,160

Total Directors

$703,303

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROGER WALDRON	CHAIRMAN	1.00	Officer Director	$0	$19,572	$367,697
ROBERT RENDLEY	TREASURER / SECRETARY	1.00	Officer Director	$0	$22,549	$36,141
TOM SISTI	DIRECTOR / GENERAL COUNSEL	2.00	Director	$0	$15,965	$299,465
BILL GORMLEY	DIRECTOR	1.00	Director	$0	$0	$0
JON ETHERTON	DIRECTOR	1.00	Director	$0	$0	$0
CAROLYN ALSTON	DIRECTOR	1.00	Director	$0	$0	$0
TIMOTHY COOK	EXECUTIVE DIRECTOR	30.00	Officer	$0	$26,890	$238,322

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	$472,417	$377,197	$511,850	$95,220
2022	$407,231	$277,430	$403,047	$129,801
2021	$357,711	$252,848	$306,477	$104,863
2020	$263,141	$265,675	$143,323	$-2,534

CENTER FOR PROCUREMENT ADVOCACY INC