Multi-layer Flooring Association

Nonprofit profile at a glance

EIN
813738602
IRS 990-EZ coverage
2018–2019
Forms available
Form 990 2017, Form 990-EZ 2019
Location
Calhoun, GA, USA
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$-108,838
Expenses
$17,019
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • PHILIPPE ERRAMUZPE (Vice President)
  • HARLAN STONE (President & CEO)

People named in this filing

  • PHILIPPE ERRAMUZPE (Vice President)
  • MARK HANSEN (Treasurer)
  • JIMMY TULEY (Secretary)

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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The high level mandate of this newly formed association is to set industry standards for Multilayer Flooring in the floorcovering industry, as well as specifiers and end users. It would provide standards for relative comparison for the purchase and sale of multilayer flooring. These standards would be threefold for; Performance, Safety, and Sustainability. The end result being a stronger, more stable new hybrid flooring category for the benefit of all stakeholders.

What it reported doing in 2019

Developed a website for the organization to help fulfill the mission of the organization

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 72
  • Sustainability: 10
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 87.5%; rating input score 88; 1st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -115.6%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -278.9% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -107.6% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 4 of 4 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2018 to 2019
  • 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 — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 7/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.