National Council of Textile Organizations

Nonprofit profile at a glance

EIN
200767664
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Washington, DC, USA
Phone
7048243522
Rating
42
Verdict
MIXED
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$2,866,477
Expenses
$2,845,449
Assets
$6,078,447
Liabilities
$311,655

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

Leadership & pay

27 people listed

Executive titles in this filing

  • KIMBERLY GLAS (President & CEO)
  • AUGUSTINE TANTILLO (PRESIDENT & CEO)

Highest reported compensation

  • KIMBERLY GLAS (President & CEO): $734,750 total reported compensation
  • MERL T ETHINGTON: $237,300 total reported compensation
  • AUGUSTINE TANTILLO (PRESIDENT & CEO): $183,000 total reported compensation

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

Overview

Mission

The National Council of Textile Organizations is a unique association representing the entire spectrum of the textile sector. From fibers to finished products, from machinery manufacturers to power suppliers, NCTO is the voice of the U.S. textile industry.NCTO's mission is focused on creating powerful national and international alliances to advance the interests of the U.S. textile sector. As an organization, it is unrivaled in its composition which allows each segment of the industry to have a vote in determining NTCO policy. The centerpiece of NCTO is the four separate councils representing the fiber, yarn, fabric, and supplier industries, each with its own board representation. As a lobbying group, NCTO is harnessing the influence of an array of associations and business groups that have a stake in the survival and prosperity of the U.S. textile sector to leverage our impact in the halls of our nation's capital. NCTO is also mobilizing global resources in its efforts to preserve the

What it reported doing in 2024

PROGRAM 3 Public Relations: A continuation of the industry rebranding campaign entitled American Textiles -- We Make AmazingTM was designed to accurately define the 21st century U.S. textile industry. Themes and materials have been utilized that correct outdated and misleading impressions of the industry and that establish a baseline appreciation for the industry as a major employer, investor, innovator, producer, exporter, and competitor in the global marketplace. The campaign focus continues to engage NCTO members, media and influencers of industry policy.NCTOs PR campaign (an industry rebranding campaign entitled American Textiles -- We Make AmazingTM) continues to be a major focus to amplify through social media the U.S. textile industrys activities and the call for a long-term national strategy to support domestic production and paint a portrait of a viable U.S. textile industry for lawmakers who may have never stepped into a textile factory. Our PR and social media efforts are aimed at showing members of Congress how the U.S. textile industry provides Berry Amendment compliant uniforms and furnishings to our nations military, TSA and other federal workers. A particular focus over the past year has been to highlight the de minimis issues and how it helps feed the fentanyl crisis in this country. NCTO shines light on the importance of immediate policies and legislation, such as Buy American mandates, to establish a sustainable domestic supply chain and not be dependent on foreign inputs. There continue to be allied organizations who have partnered with NCTO on this campaign broadening the reach to go well beyond NCTO members only. The objective of engaging multiple organizations is to further spread a more positive message on behalf of the textile industry.To enhance the exposure of the textile industry in the medial, NCTO continues to showcase the rebranding efforts through its website www.textilesinthenews.org which is largely used for the dissemination of articles relating to the textile industry. A weekly publication of Textiles in the News is provided to all members and associated affiliates and then stored on the website. This site is intended to educate a wide audience.There is also a weekly press round up that is assimilates news articles which make mention of NCTO and/or any of its member companies. The press round up is then widely distributed to NCTO all members and affiliates.

Operating model

Revenue model
Earned-program. 82% of the money available for current operations came from fees and other program revenue.
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

MIXED - The filed numbers largely add up and most voting board members are independent. 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: 73
  • Accountability: 77
  • Sustainability: 44
  • Growth: 60

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 44
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 0.7%; rating input score 36; 36th percentile among comparable filings
  • Total-asset coverage ratio: 2.14; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 70; 70th percentile among comparable filings
  • Officer compensation ratio: 60.5%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 3.6% per year; rating input score 100; 31st percentile among comparable filings
  • Asset growth: 14.5% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: 19 of 19 board members independent · 4 of 9 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $735K · 27 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 14 of 15 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes grants and executive pay
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

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 — Accountability: Governance controls: 5 of 9 not reported.
  • Moderate — Sustainability: Operating margin scored 36/100.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 1/100.