SCIENTIFIC EQUIPMENT AND FURNITURE ASSOCIATION

EIN: 521551114

COLUMBIA, SC

Total Revenue
$729,725
Total Expenses
$732,734
Total Assets
$1,000,016
Net Assets
$592,426
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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
1988
Legal Domicile
VA
Principal Officer
DAVID J SUTTON
Phone
5162945424
Tax Period
2024-07-01 to 2025-06-30

SCIENTIFIC EQUIPMENT AND FURNITURE ASSOCIATION, founded in 1988, is a small nonprofit that reported $730K in total revenue in fiscal year 2024.

Mission

TO BECOME THE ORGANIZATION OF CHOICE THAT ENABLES AND SUPPORTS ALL INVOLVED PARTIES IN CREATING HUMANE, SAFE AND EFFECTIVE LABORATORY ENVIRONMENTS. TO BE THE LEADER IN CREATING LABORATORY SOLUTIONS THAT COMBINE ORGANIZATIONAL, TECHNOLOGICAL AND ENVIRONMENTAL SYSTEMS THAT RESPOND CREATIVELY TO STRATEGIC BUSINESS ISSUES. TO BE THE PREMIER ORGANIZATION THAT PROVIDES LEADERSHIP AND TEACHES MEMBER AND CONSTITUENT GROUPS HOW TO WORK TOGETHER AS A COHERENT GROUP TO CREATE LABORATORY SOLUTIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $510,176
Program Service Revenue $187,059
Investment Income $32,490
Other Revenue $0
TOTAL REVENUE $729,725

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $732,734
TOTAL EXPENSES $732,734

Year-over-Year Comparison

2024 2023 Change
Revenue $729,725 $676,067 +0.1%
Expenses $732,734 $644,994 +0.1%
Net Income $-3,009 $31,073 -1.1%
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
9
Independent Members
9
Employees
N/A
Volunteers
8

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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARIO DIFONTE CHAIRMAN 1.00
Officer
$0 $0 $0
KURT RINDOKS VICE CHAIRMA 1.00
Officer
$0 $0 $0
BOB DELUCA JR SECRETARY/TR 1.00
Officer
$0 $0 $0
KEVIN KOVASH IMMEDIATE PA 1.00
Officer
$0 $0 $0
SASCHA KUNKEL DIRECTOR 1.00
Director
$0 $0 $0
FABIO BIFFI DIRECTOR 1.00
Director
$0 $0 $0
LESLIE ASHOR DIRECTOR 1.00
Director
$0 $0 $0
NATHAN LADD DIRECTOR 1.00
Director
$0 $0 $0
ADHIRAJ PATEL DIRECTOR 1.00
Director
$0 $0 $0
DAVID J SUTTON EXECUTIVE DI 40.00
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
2025 $729,725 $732,734 $1,000,016 $-3,009
2024 $676,067 $644,994 $922,424 $31,073
2023 $686,209 $655,200 $859,087 $31,009
2022 $559,235 $571,994 $793,700 $-12,759
2021 $517,148 $411,978 $772,397 $105,170
2020 $604,726 $523,156 $610,676 $81,570
2019 $535,911 $569,906 $505,161 $-33,995
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