Specialty Steel Industry Of North America

EIN: 521040141

WASHINGTON, DC

Total Revenue
$630,000
Total Expenses
$728,044
Total Assets
$139,661
Net Assets
$79,661
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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
1982
Legal Domicile
DC
Phone
2023428400
Tax Period
2023-01-01 to 2023-12-31

Specialty Steel Industry Of North America, founded in 1982, is a small nonprofit that reported $630K in total revenue in fiscal year 2023. Expenses of $728K exceeded revenue, resulting in a 16% operating deficit.

Mission

THE STAINLESS STEEL INDUSTRY OF NORTH AMERICA IS AN ORGANIZATION REPRESENTING THE PUBLIC POLICY INTERESTS OF THE STAINLESS STEEL INDUSTRY OF NORTH AMERICA.

Program Service Accomplishments

Program 1

THE ORGANIZATION IS AN ADVOCATE TO THE CONGRESS AND EXECUTIVE BRANCH FOR POLICIES THAT PROMOTE A POSITIVE REGULATORY AND POLICY ENVIRONMENT IN WHICH SPECIALTY STEEL PRODUCTS CAN BE SOLD.

Program 2

A RESOURCE FOR USEFUL INFORMATION AND LITERATURE ABOUT STAINLESS STEEL.

Program 3

A COOPERATIVE PARTNERSHIP WITH OTHER INDUSTRY TRADE GROUPS TO PROMOTE A COORDINATED APPROACH TO TRADE AND REGULATORY ISSUES THAT IMPACT THE SALE OF SPECIALTY STEEL PRODUCTS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $630,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $630,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $728,044
TOTAL EXPENSES $728,044

Year-over-Year Comparison

2023 2022 Change
Revenue $630,000 $642,000 0.0%
Expenses $728,044 $642,337 +0.1%
Net Income $-98,044 $-337 +289.9%
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

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Governance

Voting Members
6
Independent Members
6
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
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A CHAIRMAN 3.0
Officer Director
$0 $0 $0
N/A VICE CHAIRMAN 1.0
Officer Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A DIRECTOR 1.0
Director
$0 $0 $0
N/A Director 1.0
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
2024 No data No data No data No data
2023 $630,000 $728,044 $139,661 $-98,044
2022 $642,000 $642,337 $350,603 $-337
2021 $607,879 $600,251 $195,670 $7,628
2020 $674,991 $786,450 $231,112 $-111,459
2019 $1,264,402 $1,427,202 $257,461 $-162,800
2018 $2,358,973 $2,307,899 $612,379 $51,074
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