Manufacturers Standardization Soci… - Form 990 Financial Data

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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

1976

Legal Domicile

Phone

7032816613

Tax Period

2024-01-01 to 2024-12-31

Manufacturers Standardization Society of the Valve and Fittings Industry In c, founded in 1976, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $913K left a modest 11% surplus.

Mission

THE MANUFACTURERS STANDARDIZATION SOCIETY (MSS) OF THE VALVE AND FITTING INDUSTRY IS A TECHNICAL ASSOCIATION ORGANIZED FOR DEVELOPMENT AND IMPROVEMENT OF INDUSTRY, NATIONAL AND INTERNATIONAL CODES AND STANDARDS FOR A VARIETY OF VALVES AND FITTINGS.

Program Service Accomplishments

Program 1

DEVELOPMENT AND APPROVAL OF MSS STANDARDS LEADING TO DISTRIBUTION OF THOSE STANDARDS. ASSIST IN ADMINISTRATION OF ANSI STANDARDS, ADMINISTER PROGRAM OF INTERNATIONAL STANDARDIZATION OF VALVES...

DEVELOPMENT AND APPROVAL OF MSS STANDARDS LEADING TO DISTRIBUTION OF THOSE STANDARDS. ASSIST IN ADMINISTRATION OF ANSI STANDARDS, ADMINISTER PROGRAM OF INTERNATIONAL STANDARDIZATION OF VALVES, FITTINGS, AND PIPE HANGERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $292,290

Investment Income $197,996

Other Revenue $539,872

TOTAL REVENUE $1,030,158

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $265,321

Fundraising Expenses $0

Program Expenses $0

Other Expenses $637,599

TOTAL EXPENSES $912,920

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,030,158	$1,321,680	-0.2%
Expenses	$912,920	$1,010,216	-0.1%
Net Income	$117,238	$311,464	-0.6%

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

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

$136,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Bayreuther	President	2.0	Officer Director	$0	$0	$0
David Swartzentruber	2nd Vice President	2.0	Officer Director	$0	$0	$0
Kenneth Reid	Treasurer	2.0	Officer Director	$0	$0	$0
Paul Heald	1st Vice President	2.0	Officer Director	$0	$0	$0
Carlos Davila	Member at Large	1.0	Director	$0	$0	$0
Daniel Angulo	Member at Large	1.0	Director	$0	$0	$0
David Woollums	Member at Large	1.0	Director	$0	$0	$0
Greg Johnson	Member at Large	1.0	Director	$0	$0	$0
Randy Looney	Member at Large	1.0	Director	$0	$0	$0
Vahe Najarian	Member at Large	1.0	Director	$0	$0	$0
Lorna Soderberg	Executive Director	40.0	Officer	$130,000	$6,500	$136,500

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	$1,030,158	$912,920	$3,208,218	$117,238
2023	$1,321,680	$1,010,216	$3,074,714	$311,464
2022	$649,522	$854,488	$2,475,614	$-204,966
2021	$935,103	$599,412	$2,991,924	$335,691
2020	$776,693	$629,452	$2,701,976	$147,241
2019	$831,083	$705,187	$2,291,135	$125,896
2018	$739,243	$683,460	$1,970,220	$55,783

Manufacturers Standardization Society of the Valve and Fittings Industry In c