SHEET METAL INDUSTRY PROMOTIONAL FUND OF NASSAU AND SUFFOLK COUNTIES (EIN 237057586) - 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

1970

Legal Domicile

Principal Officer

STEVEN BENKOVSKY

Phone

6317774600

Tax Period

2023-01-01 to 2023-12-31

SHEET METAL INDUSTRY PROMOTIONAL FUND OF NASSAU AND SUFFOLK COUNTIES, founded in 1970, is a small nonprofit that reported $436K in total revenue in fiscal year 2023. Expenses of $408K left a modest 6% surplus.

Mission

TO PROMOTED INTEREST OF LOCAL SHEET METAL INDUSTRY.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $436,074

Investment Income $0

Other Revenue $0

TOTAL REVENUE $436,074

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $407,745

TOTAL EXPENSES $407,745

Year-over-Year Comparison

	2023	2022	Change
Revenue	$436,074	$424,079	+0.0%
Expenses	$407,745	$446,071	-0.1%
Net Income	$28,329	$-21,992	-2.3%

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

$152,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELISSA BARBOUR	EXECUTIVE DIRECTOR	5.00	Director	$0	$21,600	$152,000
JEFFERY PORRELLO	TRUSTEE	1.00	Director	$0	$0	$0
JOHN HAUSER	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL DIGIUSEPPI	TRUSTEE	1.00	Director	$0	$0	$0
STEVEN BENKOVSKY	TRUSTEE	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	No data	No data	No data	No data
2023	$436,074	$407,745	$46,009	$28,329
2022	$424,079	$446,071	$17,680	$-21,992
2021	$501,435	$504,736	$39,672	$-3,301
2020	$599,760	$627,100	$42,973	$-27,340
2019	$660,470	$612,000	$70,313	$48,470
2018	$587,662	$595,120	$21,843	$-7,458

SHEET METAL INDUSTRY PROMOTIONAL FUND OF NASSAU AND SUFFOLK COUNTIES