THE SILVER INSTITUTE INC

EIN: 237108453

WASHINGTON, DC

Total Revenue
$1,711,314
Total Expenses
$1,434,722
Total Assets
$791,953
Net Assets
$791,953
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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
1971
Legal Domicile
NY
Principal Officer
MICHAEL DIRIENZO
Phone
2028350185
Tax Period
2024-01-01 to 2024-12-31

THE SILVER INSTITUTE INC, founded in 1971, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $277K, a strong 16% operating margin.

Mission

THE SILVER INSTITUTE'S PURPOSE IS THAT OF PROMOTING THE WELFARE OF THE SILVER INDUSTRY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $248,700
Program Service Revenue $1,456,003
Investment Income $6,611
Other Revenue $0
TOTAL REVENUE $1,711,314

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,434,722
TOTAL EXPENSES $1,434,722

Year-over-Year Comparison

2024 2023 Change
Revenue $1,711,314 $1,444,778 +0.2%
Expenses $1,434,722 $1,226,731 +0.2%
Net Income $276,592 $218,047 +0.3%
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

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Governance

Voting Members
30
Independent Members
29
Employees
N/A
Volunteers
27

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
4
$0
Total Directors
33
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL DIRIENZO PRESIDENT/CEO 30.00
Officer Director
$0 $0 $0
OCTAVIO ALVIDREZ ORTEGA DIRECTOR(THRU MAY); CHAIR 0.25
Officer Director
$0 $0 $0
PHILLIPS BAKER JR CHAIR(THRU MAY);DIRECTOR 0.25
Officer Director
$0 $0 $0
CARLOS QUIROGA TREASURER 0.25
Officer Director
$0 $0 $0
DALE ANDRES DIRECTOR 0.25
Director
$0 $0 $0
SAM ASH DIRECTOR 0.25
Director
$0 $0 $0
PHILLIPS BAKER DIRECTOR 0.25
Director
$0 $0 $0
DIEGO BELIDO DIRECTOR 0.25
Director
$0 $0 $0
IGNACIO BUSTAMANTE DIRECTOR 0.25
Director
$0 $0 $0
PATRICK DROUIN DIRECTOR 0.25
Director
$0 $0 $0
CHRIS FERGUS DIRECTOR 0.25
Director
$0 $0 $0
GREGOR GREGERSON DIRECTOR 0.25
Director
$0 $0 $0
TERRY HANLON DIRECTOR 0.25
Director
$0 $0 $0
PAUL HEALEY DIRECTOR 0.25
Director
$0 $0 $0
PAUL KAULESAR DIRECTOR (THRU JAN) 0.25
Director
$0 $0 $0
MICHAEL KONNERT DIRECTOR 0.25
Director
$0 $0 $0
HITOSHI KOSAI DIRECTOR 0.25
Director
$0 $0 $0
ROB KRCMAROV DIRECTOR 0.25
Director
$0 $0 $0
MITCHELL KREBS DIRECTOR 0.25
Director
$0 $0 $0
EDUARDO LANDIN DIRECTOR (THRU JAN) 0.25
Director
$0 $0 $0
DAVID MADGE DIRECTOR 0.25
Director
$0 $0 $0
JEFFREY MELODY DIRECTOR 0.25
Director
$0 $0 $0
MICHAEL MESARIC DIRECTOR 0.25
Director
$0 $0 $0
ALBERTO MORALES DIRECTOR 0.25
Director
$0 $0 $0
GEORGE PASPALAS DIRECTOR 0.25
Director
$0 $0 $0
TOM POWER DIRECTOR 0.25
Director
$0 $0 $0
RAFAEL REBOLLAR DIRECTOR 0.25
Director
$0 $0 $0
ALEX REPLOA DIRECTOR 0.25
Director
$0 $0 $0
LON SHAVER DIRECTOR 0.25
Director
$0 $0 $0
JANIE SIMPSON DIRECTOR 0.25
Director
$0 $0 $0
MICHAEL STEINMANN DIRECTOR 0.25
Director
$0 $0 $0
BEN VAN KERKWIJK DIRECTOR (THRU MAY) 0.25
Director
$0 $0 $0
DAVID WOLFIN DIRECTOR 0.25
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 $1,711,314 $1,434,722 $791,953 $276,592
2023 $1,444,778 $1,226,731 $515,361 $218,047
2022 $1,270,066 $1,231,875 $297,313 $38,191
2021 $1,368,292 $1,438,448 $259,122 $-70,156
2020 $1,604,300 $1,561,981 $329,278 $42,319
2019 $1,956,741 $1,812,299 $286,959 $144,442
2018 $1,499,106 $1,597,122 $142,517 $-98,016
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