Timber Products Manufacturers Inc

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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

1967

Legal Domicile

Principal Officer

Adam Molenda

Phone

5095354646

Tax Period

2023-01-01 to 2023-12-31

Timber Products Manufacturers Inc, founded in 1967, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2023. Expenses of $2.1M left a modest 11% surplus.

Mission

Timber Products Manufacturers, Inc. (TPM) is an association of wood products industry employers providing profitable and valuable business solutions to its members including: business and employment law, human resources, safety consultation, training, and employee benefits.

Program Service Accomplishments

Program 1

The organization provides employee benefit programs and services to its members.

Program 2

The organization provides human resource, business, and employment law services to its members.

Program 3

The organization provides safety and training services to its members.

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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 $1,099,356

Program Service Revenue $1,072,949

Investment Income $161,668

Other Revenue $69,343

TOTAL REVENUE $2,403,316

Expense Breakdown

Grants Paid $6,750

Salaries & Benefits $1,584,043

Fundraising Expenses $0

Other Expenses $557,303

TOTAL EXPENSES $2,148,096

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,403,316	$2,341,773	+0.0%
Expenses	$2,148,096	$1,928,400	+0.1%
Net Income	$255,220	$413,373	-0.4%

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

N/A

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

$250,840

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kristen Heck	Past Chair-person	1.00	Director	$0	$0	$0
Andy Tomlinson	Chairman	1.00	Officer Director	$0	$0	$0
Trevor Kjensrud	Vice Chairman	1.00	Officer Director	$0	$0	$0
Steve Linton	Past-Chairman	1.00	Director	$0	$0	$0
Dan Claridge	Past-Chairman	1.00	Director	$0	$0	$0
Russ Vaagen	Past-Chairman	1.00	Director	$0	$0	$0
Todd Johnson	Past-Chairman	1.00	Director	$0	$0	$0
Earl Defur	Past-Chairman	1.00	Director	$0	$0	$0
Duane Vaagen	Past-Chairman	1.00	Director	$0	$0	$0
Steve Marks	Director	1.00	Director	$0	$0	$0
Tierra Moser	Director	1.00	Director	$0	$0	$0
Dick Molenda	Past-Chairman	1.00	Director	$0	$0	$0
Rick Molenda	Director	1.00	Director	$0	$0	$0
Jeff Bosma	Past-Chairman	1.00	Director	$0	$0	$0
Emily Baker	Director	1.00	Director	$0	$0	$0
Tom Jessup	Director	1.00	Director	$0	$0	$0
Adam Molenda	President / Secretary	40.00	Officer	$209,395	$41,445	$250,840
Tyler Allred	Employee	40.00	Highest	$179,857	$30,021	$209,878
Cole Craven	Employee	40.00	Highest	$113,204	$27,924	$141,128
Kyle Phelan	Employee	40.00	Highest	$118,735	$22,710	$141,445
Colt Catlin	Employee	40.00	Highest	$108,500	$29,035	$137,535

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$2,403,316	$2,148,096	$4,465,907	$255,220
2022	$2,341,773	$1,928,400	$3,979,262	$413,373
2021	$2,454,383	$1,792,647	$4,198,435	$661,736
2020	$1,785,367	$1,567,452	$3,450,706	$217,915
2019	$1,702,715	$1,584,627	$2,920,475	$118,088
2018	$1,554,753	$1,518,340	$2,620,936	$36,413