International Technical Caramel Association C/o B&c Consortia Management Llc

Nonprofit profile at a glance

EIN
521072092
IRS 990-EZ coverage
2013–2024
Forms available
Form 990 2022, Form 990-EZ 2024, Form 990-N 2014
Location
Washington, DC, USA
Phone
2028336580
Rating
39
Verdict
REVIEW
Rating confidence
Moderate
Sector
Business and Industry

Official website

Reported finances

Revenue
$189,672
Expenses
$180,464
Assets
$434,562
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • BARRY FOLEY (PRESIDENT)
  • JASON ERNST (FIRST VICE PRESIDENT)
  • GEORGE PUGH (SECOND VICE PRESIDENT)

People named in this filing

  • BARRY FOLEY (PRESIDENT)
  • JASON ERNST (FIRST VICE PRESIDENT)
  • GEORGE PUGH (SECOND VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the association is to promote the development, preservation, maintenance, and general welfare of the industry that produces and processes caramel for direct and indirect addition or application to foods, drugs, and other articles of use by humans and animals.

What it reported doing in 2024

Itca provides for the stewardship of caramel colors by promoting the development of caramel colors and protecting its production, processing, and use for direct and indirect addition of application to foods, drugs, and other articles of use by humans and animals.

Operating model

Revenue model
Membership-supported. 98% of the money available for current operations came from membership dues.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and total assets are large relative to annual expenses, but may not be spendable cash. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 63
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 4.9%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 2.41; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 4% per year; rating input score 100; 42nd percentile among comparable filings
  • Asset growth: 4.8% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Sustainability: Operating margin scored 47/100.