Steel Framing Industry Association

EIN: 274448796 Community Improvement

Falls Church, VA

Total Revenue
$1,545,619
Total Expenses
$1,697,314
Total Assets
$220,449
Net Assets
$-100,944
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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
2011
Legal Domicile
OH
Principal Officer
Larry Williams
Tax Period
2023-01-01 to 2023-12-31

Steel Framing Industry Association, founded in 2011, is a community nonprofit in the Community Improvement sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum.

Program Service Accomplishments

Program 1

Technical Programs: The SFIA Technical Guide for Coldformed Steel Framing Products, provides a comprehensive tool for designing with coldformed steel framing members.Included are tables for section...

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Technical Programs: The SFIA Technical Guide for Coldformed Steel Framing Products, provides a comprehensive tool for designing with coldformed steel framing members.Included are tables for section properties, allowable limiting wall heights (composite, non-composite, and curtain wall), combined axial and lateral loads, floor and roof joist spans, header loads, web crippling loads, and channel properties. In addition, the technical guides provides notes for fasteners (screws and welds), typical details, a guide to additional technical resources, as well as a useful explanation on reading fire rated assemblies.

Program 2

Industry Promotion: Cold-formed Steel Framing offers architects, builders and specifiers a range of features and benefits that all contribute to shorter construction times, lower material costs...

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Industry Promotion: Cold-formed Steel Framing offers architects, builders and specifiers a range of features and benefits that all contribute to shorter construction times, lower material costs, safer structures, and faster revenue generation. Steel is strong, safe, durable, versatile and cost-effective. Steel has the exceptional environmental advantage of being highly recycled and infinitely recyclable. Steel is tough and does not rot, spawl, split or absorb moisture and is resistant to pests unlike other building materials. And from an aesthetic or architectural viewpoint, steel structures can easily deliver creative design options and excellent value.

Program 3

Education: The Steel Framing Industry Association has established video-based educational programs designed to help members and others stay on top of the issues affecting the cold-formed steel...

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Education: The Steel Framing Industry Association has established video-based educational programs designed to help members and others stay on top of the issues affecting the cold-formed steel industry. Course topics encompass a wide scope of technical, sales/marketing, and management issues, and target varying levels of experience to serve everyone from the construction professional just learning about cold-formed steel to the seasoned manager who wants to increase business planning effectiveness.

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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 (2023)

Revenue Breakdown

Contributions & Grants $155,052
Program Service Revenue $1,361,465
Investment Income $14
Other Revenue $29,088
TOTAL REVENUE $1,545,619

Expense Breakdown

Grants Paid $0
Salaries & Benefits $512,825
Fundraising Expenses $0
Other Expenses $1,184,489
TOTAL EXPENSES $1,697,314

Year-over-Year Comparison

2023 2022 Change
Revenue $1,545,619 $1,156,951 +0.3%
Expenses $1,697,314 $1,286,868 +0.3%
Net Income $-151,695 $-129,917 +0.2%
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
13
Independent Members
13
Employees
4
Volunteers
48

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
5
$264,596
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Larry Williams Executive Director 40.00
Officer
$235,039 $29,557 $264,596
Eric Larson Director 1.00
Director
$0 $0 $0
Kip Craddick Director 1.00
Director
$0 $0 $0
Eric Griswold Director 1.00
Director
$0 $0 $0
John Walburg Director 1.00
Director
$0 $0 $0
Megan Washnieski Director 1.00
Director
$0 $0 $0
Peter Wilhelms Director 1.00
Director
$0 $0 $0
Nikhil Amin Director 1.00
Director
$0 $0 $0
David Boyd Director 1.00
Director
$0 $0 $0
BJ Powell Director 1.00
Director
$0 $0 $0
Mike Barker Vice President 1.00
Officer Director
$0 $0 $0
Jim Collins President 1.00
Officer Director
$0 $0 $0
Matt Pfirman Secretary 1.00
Officer Director
$0 $0 $0
Max Ferencz Treasurer 1.00
Officer 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 $1,545,619 $1,697,314 $220,449 $-151,695
2022 $1,156,951 $1,286,868 $420,155 $-129,917
2021 $1,172,542 $1,048,124 $371,674 $124,418
2021 $1,182,542 $1,048,124 $371,674 $134,418
2020 $1,167,314 $954,211 $587,335 $213,103
2019 $923,108 $650,922 $1,119,810 $272,186
2018 $860,780 $1,012,408 $632,483 $-151,628
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