Society of Former Special Agents o… - Form 990 Financial Data

🔒

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

2006

Legal Domicile

Principal Officer

Nancy L Savage

Phone

7034450026

Tax Period

2024-01-01 to 2024-12-31

Society of Former Special Agents of the Federal Bureau of Investigation Inc, founded in 2006, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024.

Mission

To preserve our shared FBI values; to support the welfare of our members through services, benefits, and career networking; to offer programs of fellowship, education, service, and history; and to promote the FBI and law enforcement/national security communities.

Program Service Accomplishments

Program 1

The Society maintains an electronic and printed directory of all members. It also communicates regularly with all members through a monthly printed magazine and weekly electronic communications that...

Program 2

The Society hosts an annual conference each year in a different part of the country for members that includes business matters for the Society, but also recreational and networking opportunities.

Program 3

The Society's 112 chapters are supported through a membership database and materials sent from Society headquarters in Virginia. The Society provides support to members and family members concerning their federal benefits. The chapters provide local networking opportunities and ongoing training for members. The Society also maintains an on-line career center assisting members obtain post-FBI employment. The Society also provides career days in locations around the country, where speakers provide training to associate and regular members concerning how to obtain employment after their employment with the FBI.

🔒

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 $3,156

Program Service Revenue $972,085

Investment Income $40,382

Other Revenue $15,437

TOTAL REVENUE $1,031,060

Expense Breakdown

Grants Paid $0

Salaries & Benefits $352,899

Fundraising Expenses $0

Other Expenses $768,661

TOTAL EXPENSES $1,121,560

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,031,060	$1,021,287	+0.0%
Expenses	$1,121,560	$1,024,204	+0.1%
Net Income	$-90,500	$-2,917	+30.0%

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

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

$134,132

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael J Clark	President	20.00	Officer Director	$0	$0	$0
Dennis Lormel	President	20.00	Officer Director	$0	$0	$0
Corinne Harrah	Secretary	10.00	Officer Director	$0	$0	$0
Michael E Anderson	Secretary	10.00	Officer Director	$0	$0	$0
Steve Mayeda	Treasurer	10.00	Officer Director	$0	$0	$0
Pedro David Ruiz	Regional Vice President Northeast	10.00	Officer Director	$0	$0	$0
Monique Kelso	Regional Vice President Mid-Atlantic	10.00	Officer Director	$0	$0	$0
Julian Stackhouse	Regional Vice President Southeast	10.00	Officer Director	$0	$0	$0
Charles Regan	Regional Vice President Southeast	10.00	Officer Director	$0	$0	$0
Brian Jerome	Regional Vice President Florida	10.00	Officer Director	$0	$0	$0
Vincent Jones	Regional Vice President Florida	10.00	Officer Director	$0	$0	$0
Weysan Dun	Regional Vice President North Central	10.00	Officer Director	$0	$0	$0
Michael Brunton	Regional Vice President North Central	10.00	Officer Director	$0	$0	$0
Michael E Anderson	Regional Vice President South Central	10.00	Officer Director	$0	$0	$0
Vincent Lemons	Regional Vice President Western	10.00	Officer Director	$0	$0	$0
Jacqui Ruiz	Regional Vice President Western	10.00	Officer Director	$0	$0	$0
Nancy L Savage	Executive Director	24.00	Officer	$126,830	$7,302	$134,132

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	$1,031,060	$1,121,560	$2,132,595	$-90,500
2023	$1,021,287	$1,024,204	$2,152,086	$-2,917
2022	$980,672	$959,757	$2,092,181	$20,915
2021	$994,140	$964,771	$2,154,076	$29,369
2020	$932,879	$796,846	$2,001,127	$136,033
2019	$1,074,790	$1,033,729	$1,896,965	$41,061
2018	$1,016,220	$1,005,585	$1,819,516	$10,635

Society of Former Special Agents of the Federal Bureau of Investigation Inc