FOREST INDUSTRIES TELECOMMUNICATIONS INC

EIN: 930363587

EUGENE, OR

Total Revenue
$522,065
Total Expenses
$478,755
Total Assets
$571,898
Net Assets
$526,638
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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
1975
Legal Domicile
OR
Principal Officer
DAVID SMITH
Phone
5414858441
Tax Period
2023-01-01 to 2023-12-31

FOREST INDUSTRIES TELECOMMUNICATIONS INC, founded in 1975, is a small nonprofit that reported $522K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $479K left a modest 8% surplus.

Mission

REPRESENT FOREST PRODUCTS AND LICENSED TWO WAY ENTITIES TO THE FCC AND ASSIST THE ORDERLY LICENSING PER FCC RULES.

Program Service Accomplishments

Program 1
Expenses: $328,294

ASSISTING APPLICANTS CONFIGURE AND LICENSE THEIR PRIVATE LAND MOBILE RADIO SERVICE FACILITIES

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $502,989
Investment Income $19,076
Other Revenue $0
TOTAL REVENUE $522,065

Expense Breakdown

Grants Paid $0
Salaries & Benefits $341,699
Fundraising Expenses $0
Program Expenses $328,294
Other Expenses $137,056
TOTAL EXPENSES $478,755

Year-over-Year Comparison

2023 2022 Change
Revenue $522,065 $462,092 +0.1%
Expenses $478,755 $422,460 +0.1%
Net Income $43,310 $39,632 +0.1%
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

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Governance

Voting Members
5
Independent Members
5
Employees
6
Volunteers
5

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
6
$105,079
Total Directors
6
$105,079
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID SMITH EXEC VICE PRESIDENT 40.00
Officer Director
$87,185 $17,894 $105,079
KEVIN MCCARTHY VP/EAST 0.50
Officer Director
$0 $0 $0
KENTON STURDEVANT PRESIDENT 0.50
Officer Director
$0 $0 $0
GEORGE KIRKMIERE VP/WEST 0.50
Officer Director
$0 $0 $0
FRANK NALTY DIRECTOR 0.50
Officer Director
$0 $0 $0
KC VANNATTA VICE PRESIDENT 0.50
Officer Director
$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 $522,065 $478,755 $571,898 $43,310
2022 $462,092 $422,460 $407,580 $39,632
2021 $449,869 $386,643 $360,846 $63,226
2020 $354,487 $370,105 $285,613 $-15,618
2019 $354,840 $396,938 $298,978 $-42,098
2018 $403,786 $349,339 $342,281 $54,447
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