FLUID SEALING ASSOCIATION (EIN 135240620) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1933

Legal Domicile

Principal Officer

PETER LANCE

Phone

6109714850

Tax Period

2024-01-01 to 2024-12-31

FLUID SEALING ASSOCIATION, founded in 1933, is a small nonprofit that reported $281K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $242K left a modest 14% surplus.

Mission

TO BE THE PRIMARY SOURCE OF FLUID SEALING TECHNICAL INFORMATION AND TO HELP DEVELOP STANDARDS

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $271,470

Investment Income $9,086

Other Revenue $0

TOTAL REVENUE $280,556

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $242,537

Other Expenses $242,478

TOTAL EXPENSES $242,478

Year-over-Year Comparison

	2024	2023	Change
Revenue	$280,556	$316,739	-0.1%
Expenses	$242,478	$315,025	-0.2%
Net Income	$38,078	$1,714	+21.2%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
AMY HAMMARSTROM	PRESIDENT/DIRECTOR	1.00	Officer Director	$0	$0	$0
JASON FERRIS	VICE PRESIDENT/DIRECTOR	1.00	Officer Director	$0	$0	$0
SYLVIA FLEGG	DIRECTOR	1.00	Director	$0	$0	$0
JAMES FREW	DIRECTOR- ELECTED APRIL 2024	1.00	Director	$0	$0	$0
THOM JESSUP	DIRECTOR	1.00	Director	$0	$0	$0
PHIL MAHONEY	DIRECTOR	1.00	Director	$0	$0	$0
MARK SAVAGE	DIRECTOR	1.00	Director	$0	$0	$0
ALFREDO VAZQUEZ	DIRECTOR	1.00	Director	$0	$0	$0
PETER M LANCE	EXECUTIVE DIRECTOR	16.00	Officer	$0	$0	$0
JOE BOYLAN	DIRECTOR- RESIGNED JANUARY 2024	1.00	Director	$0	$0	$0
ROB COFFEE	DIRECTOR- RESIGNED OCTOBER 2024	1.00	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	$280,556	$242,478	$222,298	$38,078
2023	$316,739	$315,025	$161,785	$1,714
2022	$326,243	$297,454	$139,525	$28,789
2021	$214,650	$238,715	$145,317	$-24,065
2020	$217,378	$169,324	$169,742	$48,054
2019	$278,305	$242,149	$107,739	$36,156
2018	$283,041	$280,871	$78,554	$2,170

FLUID SEALING ASSOCIATION