BOARD OF CERTIFIED SAFETY PROFESSIONALS (EIN 370982724) - 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

1969

Legal Domicile

Principal Officer

CHRISTY UDEN CAE IOM

Phone

3179603870

Tax Period

2024-01-01 to 2024-12-31

BOARD OF CERTIFIED SAFETY PROFESSIONALS, founded in 1969, is a mid-sized nonprofit in the Community Improvement sector that reported $22.5M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $4.8M, a strong 21% operating margin.

Mission

THE BOARD OF CERTIFIED SAFETY PROFESSIONALS INSPIRES AND DEVELOPS LEADERS IN SAFETY, HEALTH, AND ENVIRONMENTAL PRACTICE THROUGH GLOBALLY ACCREDITED CERTIFICATION; ENHANCING CAREERS, ADVANCING THE PROFESSION, PROTECTING PEOPLE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $20,688,665

Investment Income $1,731,557

Other Revenue $60,839

TOTAL REVENUE $22,481,061

Expense Breakdown

Grants Paid $288,718

Salaries & Benefits $9,901,365

Fundraising Expenses $0

Other Expenses $7,458,789

TOTAL EXPENSES $17,648,872

Year-over-Year Comparison

	2024	2023	Change
Revenue	$22,481,061	$19,427,158	+0.2%
Expenses	$17,648,872	$16,558,143	+0.1%
Net Income	$4,832,189	$2,869,015	+0.7%

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

250

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

$1,083,983

Total Directors

Key Employees

$260,874

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ASHOK GARLAPATICSPQEPFASSP	PRESIDENT	1.00	Officer Director	$0	$0	$0
BRUCE HOLLCROFT CSP ARM CHMM	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
BRUCE K LYON CSP CHMM PE	PAST PRESIDENT	1.00	Director	$0	$0	$0
DANIEL HOPWOOD CSP SMS MPH ARM	DIRECTOR	1.00	Director	$0	$0	$0
DONALD ROBINSON PHD CSP PE	DIRECTOR	1.00	Director	$0	$0	$0
GARY CLEVENGER CSP CRIS RRE	DIRECTOR	1.00	Director	$0	$0	$0
JAY R HARF PHD CSP	TREASURER	1.00	Officer Director	$0	$0	$0
MARY HJORTH SPHR SHRM-SCP	DIRECTOR	1.00	Director	$0	$0	$0
MIKE SUTTON CFRE	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA KAGERER CSPCPCUCRIS	DIRECTOR	1.00	Director	$0	$0	$0
SARA LONG SPARKS CSP SMS	DIRECTOR	1.00	Director	$0	$0	$0
TERESA COLE CSP	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA KLUTH	CFO	37.50	Officer	$264,483	$33,167	$297,650
CHRISTY UDEN	CEO	37.50	Officer	$448,061	$69,117	$517,178
MARYA RYAN	COO	37.50	Officer	$218,180	$50,975	$269,155
DAVID WEST	EXAMINATIONS DIRECTOR	37.50	Key Emp	$201,026	$59,848	$260,874
ANGELA GIOTTO	DIR PRODUCT DEVELOPMENT & TRAINING	37.50	Highest	$178,736	$49,403	$228,139
CHARLES ELTRINGHAM	DIR MARKETING & BRAND COMMUNICATION	37.50	Highest	$165,832	$46,248	$212,080
COLIN BROWN	DIR OF BUSINESS & PRODUCT GROWTH	37.50	Highest	$175,918	$53,797	$229,715
DEBRA AREND-SINCLAIR	HUMAN RESOURCE DIRECTOR	37.50	Highest	$163,156	$46,968	$210,124
GEORGE CHIAMOPOULOS	DIRECTOR OF IT SERVICES	37.50	Highest	$165,165	$45,157	$210,322

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	No data	No data	No data	No data
2024	$22,481,061	$17,648,872	$49,956,709	$4,832,189
2023	$19,427,158	$16,558,143	$42,189,887	$2,869,015
2022	$18,138,391	$14,766,229	$34,751,477	$3,372,162
2021	$17,695,377	$13,280,622	$35,079,358	$4,414,755
2020	$14,529,133	$12,865,166	$28,140,265	$1,663,967
2019	$13,352,190	$12,036,095	$24,067,169	$1,316,095
2018	$12,240,558	$10,681,586	$19,428,960	$1,558,972

BOARD OF CERTIFIED SAFETY PROFESSIONALS