GLAZING CONTRACTORS INDUSTRY PROMO… - Form 990 Financial Data

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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

2009

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

GLAZING CONTRACTORS INDUSTRY PROMOTION FUND, founded in 2009, is a small nonprofit that reported $255K in total revenue in fiscal year 2023. Revenue surged 74% from the prior year, signaling strong growth momentum. Expenses of $222K left a modest 13% surplus.

Mission

TO PROVIDE SERVICES AND TRAINING TO HELP MEMBERS IMPROVE THEIR BUSINESSOPERATIONS AND BOTTOM LINE PERFORMANCE

Program Service Accomplishments

Program 1

Expenses: $44,311

TO PROVIDE SERVICES AND TRAINING TO HELP MEMBERS IMPROVE THEIR BUSINESSOPERATIONS AND BOTTOM LINE PERFORMANCE

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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 $255,141

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $255,141

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $44,311

Other Expenses $222,497

TOTAL EXPENSES $222,497

Year-over-Year Comparison

	2023	2022	Change
Revenue	$255,141	$146,606	+0.7%
Expenses	$222,497	$142,207	+0.6%
Net Income	$32,644	$4,399	+6.4%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
TERRY MAYFIELD	EXECUTIVE DIRECTOR	Director	$0	$0	$0
CHARLES SPROUL	TREASURER	Officer	$0	$0	$0
DUANE HOLT	VICE PRESIDENT	Officer	$0	$0	$0
GENE SHAFFER	PRESIDENT	Officer	$0	$0	$0
MIKE DAVIS	SECRETARY	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$255,141	$222,497	$155,494	$32,644

GLAZING CONTRACTORS INDUSTRY PROMOTION FUND