Tobacco Associates Inc
Nonprofit profile at a glance
- EIN
- 560498664
- IRS 990 coverage
- 2018–2025
- Forms available
- Form 990 2025
- Location
- Raleigh, NC, USA
- Phone
- 9198217670
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $584,694
- Expenses
- $471,634
- Assets
- $1,099,694
- Liabilities
- $38,787
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- KIMBERLY FOLEY (EXECUTIVE DIRECTOR)
- HENRY C MOZINGO (PRESIDENT)
Highest reported compensation
- VERONICA MARTINS (SECRETARY/BOOKKEEPER): $91,037 total reported compensation
- KIMBERLY FOLEY (EXECUTIVE DIRECTOR): $78,333 total reported compensation
- HENRY C MOZINGO (PRESIDENT): $61,669 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Tobacco associates promotes u.s. Grown leaf tobacco by providing training, education, and information about u.s. Grown leaf tobacco to tobacco leaf customers around the world.
What it reported doing in 2025
Trade servicing missions/international trade fairs: tobacco associates trade servicing missions provide an opportunity for market exploration, customer servicing, and information gathering. Personal meetings with customers and potential customers allow ta to obtain relevant information required to adequately access market opportunities for u.s. Flue-cured exports. Frank discussions are held on a country's domestic market situation and its short and long-term industry objectives. In return, ta has the opportunity to explain its mission and capabilities as well as discuss areas where ta may be of assistance in the utilization of u.s. Flue-cured. Typically, one ta staff member makes a trip to a targeted region where multiple meetings are held in multiple countries. The duration of the trips are usually 18-21 days, depending on the region visited.to reach a much broader and diverse audience, ta typically combines its trade servicing missions with participation in international trade fairs. The trade fairs are attended by much of the worldwide tobacco industry, including: leaf suppliers, material suppliers, equipment suppliers, manufacturers, flavor companies, etc. The fairs provide an excellent opportunity for ta to distribute information regarding its promotion programs, establish new contacts, strengthen existing contacts and obtain useful information. It also allows ta to keep abreast of the latest technologies and to meet with product suppliers whose assistance is essential in implementing its technical promotion programs. Trade fairs usually last 3 days with anywhere from 25-75 companies exhibiting and are attended by hundreds of company officials.
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- 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 available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 90
- Accountability: 77
- Sustainability: 59
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59.4%; rating input score 59
- Program expense ratio: 76.6%; rating input score 77
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: 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: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 19.3%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 2.33; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 47; 47th percentile among comparable filings
- Officer compensation ratio: 49%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: -7% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: 1.2% per year; rating input score 100; 16th percentile among comparable filings
- Asset growth: 3.1% per year; rating input score 100; 27th percentile among comparable filings
Details
- Where the money goes: 59.4% of revenue deployed · 76.6% of spending went to programs
- Governance: 15 of 15 board members independent · 4 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $361K in reported program spending
- Leadership: top reported pay $91K · 18 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2018 to 2025
- Contacts: How to reach this organization
- Money network: 3 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: Mission deployment rate scored 59/100.
- Moderate — Accountability: Governance controls: 5 of 9 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 47/100.