NATIONAL FIRE SPRINKLER INDUSTRY PROMOTION FUND (EIN 222667267) - Form 990 Financial Analysis & Trantor Score

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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

1985

Legal Domicile

Principal Officer

SHANE RAY

Phone

4438634464

Tax Period

2024-01-01 to 2024-12-31

NATIONAL FIRE SPRINKLER INDUSTRY PROMOTION FUND, founded in 1985, is a mid-sized nonprofit that reported $11.0M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.0M, a strong 18% operating margin.

Mission

TO FOSTER AND PROMOTE THE RECOGNITION OF THE FIRE SPRINKLER INDUSTRY AS A UNIQUE IDENTITY IN ITSELF BY CONDUCTING PROGRAMS TO EDUCATE LOCAL OFFICIALS (E.G., FIRE MARSHALLS, BUILDING OFFICIALS, PLUMBING INSPECTORS, ETC.) TO INCREASE AWARENESS OF LATEST SPRINKLER TECHNOLOGY AVAILABLE AND TO PROTECT AGAINST IMPROPER INSTALLATIONS.

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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 $22,775

Program Service Revenue $10,466,576

Investment Income $494,246

Other Revenue $-22,608

TOTAL REVENUE $10,960,989

Expense Breakdown

Grants Paid $187,342

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $8,795,685

TOTAL EXPENSES $8,983,027

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,960,989	$9,988,805	+0.1%
Expenses	$8,983,027	$8,586,562	+0.0%
Net Income	$1,977,962	$1,402,243	+0.4%

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

N/A

Employees

N/A

Volunteers

109

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

$932,728

Total Directors

$932,728

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHANE RAY	CHAIR	1.00	Officer Director	$0	$41,723	$489,778
JOSHUA I SAVITZ	VICE CHAIR	1.00	Officer Director	$0	$19,711	$229,891
LANCE GUNNELLS	SECRETARY	1.00	Officer Director	$0	$45,970	$213,059

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	$10,960,989	$8,983,027	$20,122,198	$1,977,962
2023	$9,988,805	$8,586,562	$17,321,881	$1,402,243
2022	$10,042,466	$7,648,324	$15,646,980	$2,394,142
2021	$9,027,679	$6,402,715	$14,612,494	$2,624,964
2020	$8,048,069	$6,181,895	$11,309,521	$1,866,174
2019	$8,371,155	$7,474,125	$9,582,261	$897,030
2018	$8,100,428	$7,672,898	$8,069,534	$427,530

NATIONAL FIRE SPRINKLER INDUSTRY PROMOTION FUND