SOCIETY OF VACUUM COATERS (EIN 346622249) - 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

1984

Legal Domicile

Principal Officer

ALBERT MIRANDA

Phone

5058977743

Tax Period

2023-01-01 to 2023-12-31

SOCIETY OF VACUUM COATERS, founded in 1984, is a community nonprofit in the Science & Technology sector that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $1.0M left a modest 8% surplus.

Mission

TO PROMOTE TECHNICAL EXCELLENCE BY PROVIDING A GLOBAL FORUM TO INFORM, EDUCATE, AND ENGAGE THE MEMBERS, THE TECHNICAL COMMUNITY, AND THE PUBLIC ON ALL ASPECTS OF VACUUM COATING, SURFACE ENGINEERING, AND RELATED TECHNOLOGIES.

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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 $153,098

Program Service Revenue $736,027

Investment Income $40,853

Other Revenue $195,871

TOTAL REVENUE $1,125,849

Expense Breakdown

Grants Paid $31,254

Salaries & Benefits $367,771

Fundraising Expenses $0

Program Expenses $687,274

Other Expenses $633,444

TOTAL EXPENSES $1,032,469

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,125,849	$964,468	+0.2%
Expenses	$1,032,469	$967,844	+0.1%
Net Income	$93,380	$-3,376	-28.7%

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

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

$205,794

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK ZIMONE	EXECUTIVE DI	40.00	Director	$205,794	$0	$205,794
JACOB BERTRAND	DIRECTOR	1.50	Director	$0	$0	$0
LEE HOWELL	DIRECTOR	2.00	Director	$0	$0	$0
TON HURKMANS	DIRECTOR	1.50	Director	$0	$0	$0
CHRISTOPHER MURATORE	DIRECTOR	1.50	Director	$0	$0	$0
LARRY SCIPIONI	DIRECTOR	1.50	Director	$0	$0	$0
MIKE SIMMONS	DIRECTOR	1.50	Director	$0	$0	$0
MARK SPAVENTA	DIRECTOR	1.50	Director	$0	$0	$0
HANA BARANKOVA	SECRETARY	2.00	Officer	$0	$0	$0
LIZ JOSEPHSON	VICE PRESIDE	2.00	Officer	$0	$0	$0
ALBERT MIRANDA	TREASURER	2.00	Officer	$0	$0	$0
FRANK PAPA	PRESIDENT	4.00	Officer	$0	$0	$0
EDWARD J WEGENER	PAST PRESIDE	1.50	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	$1,125,849	$1,032,469	$1,029,445	$93,380
2022	$964,468	$967,844	$899,749	$-3,376
2020	$267,231	$610,980	$1,238,095	$-343,749
2019	$1,156,976	$1,095,284	$1,408,156	$61,692
2018	$1,171,804	$1,253,083	$1,262,130	$-81,279

SOCIETY OF VACUUM COATERS