FIRE SUPPRESSION SYSTEMS ASSOC

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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

Principal Officer

ROBERT BALLARD

Phone

4109318100

Tax Period

2023-01-01 to 2023-12-31

FIRE SUPPRESSION SYSTEMS ASSOC, founded in 1982, is a small nonprofit that reported $669K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $572K left a modest 15% surplus.

Mission

TO PROMOTE, EDUCATE AND GROW THE SPECIAL HAZARD FIRE PROTECTION INDUSTRY.

Program Service Accomplishments

Program 1

Expenses: $546,257

EDUCATION AND TRAINING OF THE MEMBERS THROUGH ANNUAL MEETINGS, SEMINAR SERIES, CERTIFICATION LITERATURE, TRAINING VIDEOS AND HANDBOOKS. PARTICIPATION IN DEVELOPING STANDARDS AND CODES RELATED TO FIRE...

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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 $0

Program Service Revenue $661,612

Investment Income $7,840

Other Revenue $0

TOTAL REVENUE $669,452

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $546,257

Other Expenses $572,286

TOTAL EXPENSES $572,286

Year-over-Year Comparison

	2023	2022	Change
Revenue	$669,452	$539,005	+0.2%
Expenses	$572,286	$508,599	+0.1%
Net Income	$97,166	$30,406	+2.2%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT BAILEY	DIRECTOR	001.00	Director	$0	$0	$0
BOB BALLARD	SECRETARY/TREASURER	002.00	Officer Director	$0	$0	$0
BRETT STRATEN	VICE PRESIDENT	002.00	Officer Director	$0	$0	$0
LEE KAISER	DIRECTOR	001.00	Director	$0	$0	$0
AL THORNTON	DIRECTOR	001.00	Director	$0	$0	$0
LANCE HARRY	DIRECTOR	001.00	Director	$0	$0	$0
PAUL HAYES	DIRECTOR	001.00	Director	$0	$0	$0
BRENTON HARRIS	PRESIDENT	005.00	Officer Director	$0	$0	$0
KATHERINE ADRIAN	MANUFACTURERS VICE CHAIR	001.00	Director	$0	$0	$0
JEREMY WHEELER	DIRECTOR	001.00	Director	$0	$0	$0
RICK SEIDEL	MANUFACTURERS CHAIR	001.00	Director	$0	$0	$0
MICHAEL KIAMANESH	DIRECTOR	001.00	Director	$0	$0	$0
SCOTT SHERMAN	INSTALLER DIVISION VICE CHAIR	001.00	Director	$0	$0	$0
BILL POLITS	DIRECTOR	001.00	Director	$0	$0	$0
PETER PARTICELLI	DIRECTOR	001.00	Director	$0	$0	$0
BRAD SCHOTTKE	INSTALLER DIVISION CHAIR	001.00	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
2024	No data	No data	No data	No data
2023	$669,452	$572,286	$943,139	$97,166
2022	$539,005	$508,599	$855,405	$30,406
2021	$397,929	$272,735	$779,503	$125,194
2020	$615,762	$525,323	$526,425	$90,439
2019	$560,275	$435,254	$561,268	$125,021