STANDARDS ENGINEERING SOCIETY

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1956

Legal Domicile

Principal Officer

VINCENZO NELLI

Phone

7035063290

Tax Period

2023-01-01 to 2023-12-31

STANDARDS ENGINEERING SOCIETY, founded in 1956, is a small nonprofit that reported $242K in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $323K exceeded revenue, resulting in a 34% operating deficit.

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE OPPORTUNITIES FOR PROFESSIONAL DEVELOPMENT, PROMOTE THE VALUE OF THE STANDARDIZATION PROFESSIONAL, AND INCREASE AWARENESS AND USE OF STANDARDS AND CONFORMITY ASSESSMENT.

Program Service Accomplishments

Program 1

N/A - THIS IS A 501(C)(6) ORGANIZATION

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $239,717

Investment Income $0

Other Revenue $2,083

TOTAL REVENUE $241,800

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $321,439

TOTAL EXPENSES $323,439

Year-over-Year Comparison

	2023	2022	Change
Revenue	$241,800	$200,172	+0.2%
Expenses	$323,439	$246,791	+0.3%
Net Income	$-81,639	$-46,619	+0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN RECZEK	IMMEDIATE PA	5.00	Officer Director	$0	$0	$0
KERRI HARESIGN	PRESIDENT	5.00	Officer Director	$0	$0	$0
MARK RAMLOCHAN	TREASURER	5.00	Officer Director	$0	$0	$0
ALEC CLARK	SECRETARY	5.00	Officer Director	$0	$0	$0
CASEY GRANATA	DIRECTOR	N/A	Director	$0	$0	$0
LAURA BRUMSEY	DIRECTOR	5.00	Director	$0	$0	$0
SUZANNE DAULERIO	DIRECTOR	5.00	Director	$0	$0	$0
CHRIS CARNAHAN	DIRECTOR	5.00	Director	$0	$0	$0
MICHAEL PALM	DIRECTOR	5.00	Director	$0	$0	$0
HUGO AGUILAR	DIRECTOR	5.00	Director	$0	$0	$0
VINCENZO NELLI	MANAGING DIR	20.00	Officer	$0	$0	$0
JIM THOMAS	PRESIDENT EL	5.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$241,800	$323,439	$42,557	$-81,639
2022	$200,172	$246,791	$85,746	$-46,619