SOUTHWESTERN SECTION IMSA INC (EIN 270093818) - 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

2004

Legal Domicile

Principal Officer

LUIS GALVEZ

Phone

9725029645

Tax Period

2023-01-01 to 2023-12-31

SOUTHWESTERN SECTION IMSA INC, founded in 2004, is a small nonprofit in the Public Safety sector that reported $440K in total revenue in fiscal year 2023. Expenses of $585K exceeded revenue, resulting in a 33% operating deficit.

Mission

THE ORGANIZATION IS DEDICATED TO PROVIDING QUALITY CERTIFICATION PROGRAMS FOR THE SAFE INSTALLATION, OPERATION, AND MAINTENANCE OF PUBLIC SAFETY SYSTEMS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $150

Program Service Revenue $438,664

Investment Income $0

Other Revenue $900

TOTAL REVENUE $439,714

Expense Breakdown

Grants Paid $0

Salaries & Benefits $36,587

Fundraising Expenses $0

Other Expenses $548,546

TOTAL EXPENSES $585,133

Year-over-Year Comparison

	2023	2022	Change
Revenue	$439,714	$427,726	+0.0%
Expenses	$585,133	$421,397	+0.4%
Net Income	$-145,419	$6,329	-24.0%

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

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

$36,587

Total Directors

$36,587

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE DURGIN	PRESIDENT/DI	1.00	Officer Director	$7,787	$0	$7,787
RANDY WELLHOUSEN	DELEGATE/DIR	1.00	Officer Director	$7,338	$0	$7,338
JAMES RENSING	1ST VICE PRE	1.00	Officer Director	$1,600	$0	$1,600
JOHNSON UDOKA	STATE DIRECT	1.00	Officer Director	$0	$0	$0
BRADLEY LEWANDOWSKI	CERTIFICATIO	1.00	Officer Director	$2,500	$0	$2,500
LUIS LOPEZ	VENDOR REP/D	1.00	Officer Director	$0	$0	$0
ADRIAN OLGUIN	DELEGATE/DIR	1.00	Officer Director	$2,800	$0	$2,800
TRACY NICHOLS	ALT. DELEGAT	1.00	Officer Director	$0	$0	$0
ALAN ALVEY	STATE DIR./D	1.00	Officer Director	$1,600	$0	$1,600
MIKA CLARK	CERT. DIRECT	1.00	Officer Director	$9,262	$0	$9,262
MICHAEL THERIOT	SECRETARY/DI	1.00	Officer Director	$1,600	$0	$1,600
DAVID STALLINGS	STATE DIRECT	1.00	Officer Director	$0	$0	$0
CODY BAKER	TREASURER/DI	1.00	Officer Director	$1,300	$0	$1,300
LUIS GALVEZ	2ND VP/DIR.	1.00	Officer Director	$800	$0	$800

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	$439,714	$585,133	$87,722	$-145,419
2022	$427,726	$421,397	$233,141	$6,329
2021	$429,985	$366,843	$227,072	$63,142

SOUTHWESTERN SECTION IMSA INC