INTERNATIONAL ASSOCIATION OF PROFESSIONAL SECURITY CONSULTANTS INC (EIN 341442600) - 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

1985

Legal Domicile

Principal Officer

WILLIAM DURSO

Phone

5186944578

Tax Period

2025-01-01 to 2025-12-31

INTERNATIONAL ASSOCIATION OF PROFESSIONAL SECURITY CONSULTANTS INC, founded in 1985, is a small nonprofit that reported $235K in total revenue in fiscal year 2025. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $223K left a modest 5% surplus.

Mission

THE PURPOSE OF THE IAPSC IS TO ESTABLISH AND MAINTAIN BEST PRACTICES AND HIGH STANDARDS IN THE SECURITY CONSULTING PROFESSION. FOR THAT PURPOSE, THE IAPSC PROVIDES OPPORTUNITIES FOR PROFESSIONAL ENHANCEMENT

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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 (2025)

Revenue Breakdown

Contributions & Grants $52,215

Program Service Revenue $182,747

Investment Income $3

Other Revenue $0

TOTAL REVENUE $234,965

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $222,551

TOTAL EXPENSES $222,551

Year-over-Year Comparison

	2025	2024	Change
Revenue	$234,965	$164,266	+0.4%
Expenses	$222,551	$173,992	+0.3%
Net Income	$12,414	$-9,726	-2.3%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL D'ANGELO	PRESIDENT	3.00	Officer Director	$0	$0	$0
VINCE VITTATOE	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
WILLIAM DURSO	TREASURER	3.00	Officer Director	$0	$0	$0
MICHAEL SILVA	IMM PAST PRES	3.00	Officer Director	$0	$0	$0
SEAN AHRENS	SECRETARY	3.00	Officer Director	$0	$0	$0
WILLIAM MARCISZ	DIRECTOR	2.00	Director	$0	$0	$0
THOMAS MCCOMAS	DIRECTOR	2.00	Director	$0	$0	$0
STACEY PORTER	DIRECTOR	2.00	Director	$0	$0	$0
MARK SCHREIBER	DIRECTOR	2.00	Director	$0	$0	$0
KEN TRUMP	DIRECTOR	2.00	Director	$0	$0	$0
AL ZAJIC	DIRECTOR	2.00	Director	$0	$0	$0
RON HEIL	DIRECTOR	2.00	Director	$0	$0	$0
BILLY JOHNSON	DIRECTOR	2.00	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
2025	$234,965	$222,551	$162,370	$12,414

INTERNATIONAL ASSOCIATION OF PROFESSIONAL SECURITY CONSULTANTS INC