The Electrocoat Association
Nonprofit profile at a glance
- EIN
- 311556281
- IRS 990 coverage
- 2016–2025
- Forms available
- Form 990 2025, Form 990-EZ 2017
- Location
- Cincinnati, OH, USA
- Phone
- 8164962308
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $193,092
- Expenses
- $206,162
- Assets
- $40,491
- Liabilities
- $13,296
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- REX KROHN (PRESIDENT)
Highest reported compensation
- KAREN MCGLOTHLIN (EXEC. DIRECT): $84,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The electrocoat association is organized as a business league to represent the global electrocoating industry by promoting use of the technology and communicating the benefits of electrocoating to manufacturers, consumers, and government.
What it reported doing in 2025
In carrying out the organization's exempt purposes during the year, the electrocoat association focused on educating industries on the costs and benefits of using electrocoating technology. We offer a video platform to our membership in their renewal fees for use in educating and empowering their employees and also to attract new members. We promoted all events and benefits of association participation through the utilization of social media communication (twitter and linkedin) with potential members, members and industry participants as well as email campaigns. We participated in the powder coating institutes powder coating conference held in orlando in april. The association held two (2) electrocoating boot camps - one in june in lexington, ky and one in october in charlotte, nc as technical training courses. We participated in fabtech held in chicago, il in september which is an industry trade show also held in the fall. Board and committee meetings were held to direct the association's business and marketing strategies for the future. The association continues to sell it's book "electrocoat: a guidebook for finishers." in addition, the website continues to be home for electrocoating information.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of total spending goes to programs and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 16
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.7%; rating input score 63
- Program expense ratio: 58.5%; rating input score 59
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -6.8%; rating input score 23; 23rd percentile among comparable filings
- Total-asset coverage ratio: 0.2; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 0.33; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 40.7%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: 3.1% per year; rating input score 100; 42nd percentile among comparable filings
- Revenue growth: 1.3% per year; rating input score 100; 26th percentile among comparable filings
- Asset growth: -13.6% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 62.7% of revenue deployed · 58.5% of spending went to programs
- Governance: 13 of 13 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $121K in reported program spending
- Leadership: top reported pay $84K · 14 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 2 filed schedules
- Filing history: 9 filing years from 2016 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Review — Financial Efficiency: Program expense ratio scored 59/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Sustainability: Operating margin scored 23/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 6/100.
- High — Sustainability: Liabilities to assets ratio scored 12/100.