SOCIETY OF VACUUM COATERS FOUNDATION INC (EIN 300110080) - 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

2002

Legal Domicile

Principal Officer

GARY E VERGASON

Phone

5058977743

Tax Period

2023-01-01 to 2023-12-31

SOCIETY OF VACUUM COATERS FOUNDATION INC, founded in 2002, is a micro nonprofit in the Education sector that reported $90K in total revenue in fiscal year 2023. The organization ran a surplus of $42K, a strong 47% operating margin.

Mission

TO SUPPORT THE VACUUM COATING INDUSTRY BY ENGAGING IN CHARITABLE, EDUCATIONAL & SCIENTIFIC ACTIVITIES.

🔒

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 $45,365

Program Service Revenue $0

Investment Income $16,004

Other Revenue $29,061

TOTAL REVENUE $90,430

Expense Breakdown

Grants Paid $41,496

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $41,496

Other Expenses $6,598

TOTAL EXPENSES $48,094

Year-over-Year Comparison

	2023	2022	Change
Revenue	$90,430	$94,657	0.0%
Expenses	$48,094	$47,542	+0.0%
Net Income	$42,336	$47,115	-0.1%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN T FELTS	DIRECTOR	1.00	Director	$0	$0	$0
JAMES N HILFIKER	IMMEDIATE PA	2.00	Director	$0	$0	$0
JESSICA HILTON	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
TRACI LANGEVIN	DIRECTOR	1.00	Director	$0	$0	$0
NANCY LOUWAGIE	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK MORSE	DIRECTOR	1.00	Director	$0	$0	$0
JASON M ROGERS	DIRECTOR	0.50	Director	$0	$0	$0
SARAH WILLIAMS	DIRECTOR	2.00	Director	$0	$0	$0
LEE HOWELL	TREASURER, D	1.00	Officer	$0	$0	$0
GARY E VERGASON	CHAIR	1.00	Officer	$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	$90,430	$48,094	$736,813	$42,336
2022	$94,657	$47,542	$613,836	$47,115
2021	$93,857	$35,236	$668,896	$58,621
2020	$37,193	$33,762	$577,910	$3,431
2019	$76,375	$36,472	$546,473	$39,903
2018	$87,870	$51,341	$447,368	$36,529

SOCIETY OF VACUUM COATERS FOUNDATION INC