STANDARDS ENGINEERING SOCIETY

EIN: 066010634

MCLEAN, VA

Total Revenue
$241,800
Total Expenses
$323,439
Total Assets
$42,557
Net Assets
$-21,449
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
NJ
Principal Officer
VINCENZO NELLI
Phone
7035063290
Tax Period
2023-01-01 to 2023-12-31

STANDARDS ENGINEERING SOCIETY is a small nonprofit that reported $200K in total revenue in fiscal year 2022. Revenue surged 142% from the prior year, signaling strong growth momentum. Expenses of $247K exceeded revenue, resulting in a 23% 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.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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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

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Liquidity & Cash Position

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

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Governance

Voting Members
11
Independent Members
11
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
6
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
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
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