THE ESOP ASSOCIATION (EIN 942478143) - 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

1978

Legal Domicile

Principal Officer

JAMES J BONHAM

Phone

2022932971

Tax Period

2023-01-01 to 2023-12-31

THE ESOP ASSOCIATION, founded in 1978, is a community nonprofit that reported $9.7M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

TO REPRESENT THE INTEREST OF ALL CORPORATIONS THAT SPONSOR EMPLOYEE STOCK OWNERSHIP PLANS.

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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 $9,240,132

Investment Income $58,901

Other Revenue $430,036

TOTAL REVENUE $9,729,069

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,464,474

Fundraising Expenses $0

Other Expenses $6,011,139

TOTAL EXPENSES $9,475,613

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,729,069	$8,572,753	+0.1%
Expenses	$9,475,613	$8,810,694	+0.1%
Net Income	$253,456	$-237,941	-2.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

150

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

$583,863

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES BONHAM	PRESIDENT & CEO	35.00	Officer	$482,163	$32,820	$583,863
KRISTIE MARK	CHIEF OPERATING OFFICER	30.00	Highest	$229,566	$35,601	$341,689
DANIEL MARCUE	CHAPTER DEVELOPMENT	40.00	Highest	$233,490	$49,149	$282,639
GREG FACCHIANO	VP GIVT RELATIONS AND PUBLIC AFFAIRS	40.00	Highest	$210,936	$43,992	$254,928
AMANDA RUSHING	VP OF EVENTS & EDUCATION	40.00	Highest	$154,204	$46,735	$200,939
KAREN ELLIS	CHAIR - AS OF 4/2023	1.00	Officer Director	$0	$0	$0
DERRICK VICK	VICE CHAIR - AS OF 4/2023	1.00	Officer Director	$0	$0	$0
ALI JAMSHIDI	IMMEDIATE PAST CHAIR - AS OF 4/2023	1.00	Officer Director	$0	$0	$0
GARY SHORMAN	IMMEDIATE PAST CHAIR - UNTIL 4/2023	1.00	Officer Director	$0	$0	$0
CINDY TURCOT IMMEDIATE	PAST CHAIR EOF - UNTIL 4/2023	1.00	Officer Director	$0	$0	$0
STEVE EARLE	SECRETARY/TREASURER - AS OF 4/2023	1.00	Officer Director	$0	$0	$0
CARA BENNINGFIELD	PROFESSIONAL MEMBER AT LARGE	1.00	Director	$0	$0	$0
DAVID FITZ-GERALD	CHAIR EMPLOYEE OWNERSHIP FOUNDATION	1.00	Director	$0	$0	$0
DANIEL GOLDSTEIN	AT LARGE BOARD MEMBER	1.00	Director	$0	$0	$0
BRAIN IPPENSEN	AT LARGE BOARD MEMBER - UNTIL 4/2023	1.00	Director	$0	$0	$0
PETER A NEY	CHAIR PUBLIC POLICY	1.00	Director	$0	$0	$0
ROBYN POLLINA	AT LARGE BOARD MEMBER	1.00	Director	$0	$0	$0
BECKY STREFF	CHAIR CRCC	1.00	Director	$0	$0	$0
LORI STUART	CHAIR ADVISORY	1.00	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	$9,729,069	$9,475,613	$6,482,421	$253,456
2022	$8,572,753	$8,810,694	$5,217,535	$-237,941
2021	$6,835,411	$6,766,207	$3,829,140	$69,204
2020	$4,768,196	$4,485,763	$3,309,253	$282,433
2019	$7,002,608	$7,544,412	$3,275,320	$-541,804
2018	$6,388,417	$6,563,860	$2,836,938	$-175,443

THE ESOP ASSOCIATION