SYSTEM SAFETY SOCIETY

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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

1973

Legal Domicile

Principal Officer

MIKE MCKELVEY

Phone

8005599775

Tax Period

2024-07-01 to 2025-06-30

SYSTEM SAFETY SOCIETY, founded in 1973, is a small nonprofit that reported $312K in total revenue in fiscal year 2024. Expenses of $358K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO PROVIDE MEMBERSHIP SERVICES SUPPORTING SAFETY PROFESSIONALS WORLDWIDE IN THE APPLICATION OF SYSTEMS ENGINEERING & SYSTEMS MANAGEMENT THROUGH PROFESSIONAL DEVELOPMENT & EDUCATION, PUBLIC RELATIONS & ANNUAL CONFERENCE

Program Service Accomplishments

Program 1

SYSTEM SAFETY SOCIETY CONDUCTS AN ANNUAL SUMMIT AND TRAINING TO PROMOTE SYSTEM SAFETY TO ALL LEVELS OF MANAGEMENT, ENGINEERING & OTHER SCIENTIFIC, LEGAL, PUBLIC & PROFESSIONAL GROUPS TO FOSTER...

SYSTEM SAFETY SOCIETY CONDUCTS AN ANNUAL SUMMIT AND TRAINING TO PROMOTE SYSTEM SAFETY TO ALL LEVELS OF MANAGEMENT, ENGINEERING & OTHER SCIENTIFIC, LEGAL, PUBLIC & PROFESSIONAL GROUPS TO FOSTER COMMUNICAATION WITHIN THE SYSTEM SAFETY PROFESSION & WITH OTHER SCIENTIFIC, LEGAL, PUBLIC & PROFESSIONAL GROUPS & TO ENCOURAGE RESEARCH INTO THE DEVELOPMENT & APPLICATION OF NEW SAFETY MANAGEMENT, SCIENTIFIC & ENCOURAGE RESEARCH INTENGINEERING TECHNIQUES. THE ANNUAL CONFERENCE ALSO PROMOTE SYSTEM SAFETY PROFESSIONAL DEVELOPMENT & EDUCATION & ADVANCES THE STATE-OF-THE-ART IN SYSTEM SAFETY. THE CONFERENCE HAD OVER 140 ATTENDEES OVER 5 DAYS WITH MULTIPLE SESSIONS EACH DAY.

Program 2

SYSTEM SAFETY SOCIETY PROVIDES PUBLICATIONS FOR MEMBERS TO DISSEMINATE NEWLY DEVELOPED KNOWLEDGE & TO PROMOTE SYSTEM SAFETY TO ALL LEVELS OF MANAGEMENT, ENGINEERING & OTHER PROFESISONAL GROUPS IN THE APPLICATION OF SYSTEMS ENGINEERING & SYSTEMS MANAGEMENT TO THE PROCESS OF HAZARD, SAFETY & RISK ANALYSIS TO IDENTIFY ASSESS & CONTROL ASSOCIATED HAZARDS WHILE DESIGNING OR MODIFYING SYSTEMS, PRODUCTS OR SERVICES & CONTINUING THROUGH TO DEVELOPMENT, FABRICATION, TESTING PRODUCTION & ULTIMATE DISPOSAL.

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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 $18,244

Program Service Revenue $274,235

Investment Income $2,656

Other Revenue $17,315

TOTAL REVENUE $312,450

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $357,555

TOTAL EXPENSES $357,555

Year-over-Year Comparison

	2024	2023	Change
Revenue	$312,450	N/A	N/A
Expenses	$357,555	N/A	N/A
Net Income	$-45,105	N/A	N/A

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
MIKE MCKELVEY	PRESIDENT	2.00	Director	$0	$0	$0
DOANNA WEISSGERBER	VICE PRESIDENT	1.00	Director	$0	$0	$0
DON SWALLOW	SECRETARY	1.00	Director	$0	$0	$0
YAWA ADONSOU	TREASURER	1.00	Director	$0	$0	$0
DAVID WEST	PAST PRESIDENT	1.00	Director	$0	$0	$0
JONATHAN LEON	DIRECTOR	1.00	Director	$0	$0	$0
RUSS MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER DOWNING	DIRECTOR	1.00	Director	$0	$0	$0
RANDOLPH HUTTON	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA LIONE	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN THOMAS	DIRECTOR	0.00	Director	$0	$0	$0
MARIA EIDE	DIRECTOR	9.00	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	$312,450	$357,555	$263,614	$-45,105
2024	$427,356	$307,109	$256,411	$120,247
2023	$290,917	$280,559	$140,455	$10,358
2019	$73,168	$101,384	$187,569	$-28,216
2018	$181,601	$152,405	$217,373	$29,196