SAFETY EQUIPMENT INSTITUTE

EIN: 541170360 501(c)(3) Public Safety

WEST CONSHOHOCKEN, PA

Total Revenue
$4,185,992
Total Expenses
$4,012,920
Total Assets
$2,774,940
Net Assets
$1,846,759
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
VA
Principal Officer
TIMOTHY BROOKE
Phone
7034425732
Tax Period
2023-01-01 to 2023-12-31

SAFETY EQUIPMENT INSTITUTE, founded in 1980, is a community nonprofit in the Public Safety sector that reported $4.2M in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $4.0M left a modest 4% surplus.

Mission

THE ORGANIZATION ADMINISTERS AN AUDITING, TESTING AND CERTIFICATION PROGRAM FOR SAFE LIVING AND WORKING ENVIRONMENTS.(SEE SCHEDULE O)THE PROGRAM'S PURPOSE IS TO ASSIST INDUSTRY AND GOVERNMENT AGENCIES IN MEETING THEIR MUTUAL GOALS OF PROVIDING WORKERS AND CONSUMERS THE BEST POSSIBLE PRODUCTS AND ENVIRONMENT THROUGH TESTING FOR PUBLIC SAFETY IN KEEPING WITH RECOGNIZED STANDARDS AND THE CURRENT STATE OF THE ART, AND FOR PUBLIC BENEFIT TO RECOGNIZE AND DISSEMINATE INFORMATION ON THOSE PRODUCTS WHICH ARE CERTIFIED TO MEET THE APPLICABLE STANDARDS.

Program Service Accomplishments

Program 1
Expenses: $3,829,630 Revenue: $4,172,288

SAFETY EQUIPMENT INSTITUTE'S PROGRAM ACCOMPLISHMENT IS CONSISTENT WITH THE ORGANIZATION'S PURPOSE AND MISSION. THE ORGANIZATION'S PRIMARY PROGRAM ACCOMPLISHMENT IS TO DETERMINE COMPLIANCE OF PRODUCTS...

Read more

SAFETY EQUIPMENT INSTITUTE'S PROGRAM ACCOMPLISHMENT IS CONSISTENT WITH THE ORGANIZATION'S PURPOSE AND MISSION. THE ORGANIZATION'S PRIMARY PROGRAM ACCOMPLISHMENT IS TO DETERMINE COMPLIANCE OF PRODUCTS AND SYSTEMS WITH NATIONALLY AND INTERNATIONALLY RECOGNIZED PUBLIC SAFETY STANDARDS THROUGH THE ADMINISTRATION OF A TESTING AND CERTIFICATION PROGRAM TO ASSURE THE CONTINUED SAFETY OF THE GENERAL PUBLIC AND THOSE WHO USE CERTIFIED PRODUCTS. WE ACCOMPLISH THIS THROUGH REVIEWING THE DRAWINGS AND DESIGNS OF THE PRODUCTS, PERFORMING QUALITY AUDITS OF THE MANUFACTURING FACILITIES, AND ENSURING THE TESTING LABORATORIES USED TO CONDUCT THE TESTING ARE ACCREDITED TO ISO 17025.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,172,288
Investment Income $13,704
Other Revenue $0
TOTAL REVENUE $4,185,992

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,198,100
Fundraising Expenses $0
Program Expenses $3,829,630
Other Expenses $2,814,820
TOTAL EXPENSES $4,012,920

Year-over-Year Comparison

2023 2022 Change
Revenue $4,185,992 $5,481,887 -0.2%
Expenses $4,012,920 $5,224,303 -0.2%
Net Income $173,072 $257,584 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

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
3
$996,291
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN LEHTONEN CHAIR OF THE BOARD 1.00
Officer Director
$0 $0 $0
IRVING SCHER PHD PE VICE CHAIR 1.00
Director
$0 $0 $0
PATRICK J MORRISON DIRECTOR 1.00
Director
$0 $0 $0
BRADLEY M SANT DIRECTOR 1.00
Director
$0 $0 $0
JEFFERY W VINCOLI DIRECTOR 1.00
Director
$0 $0 $0
HEIDI TURLEY TREASURER (ASTM: VP FINANCE & ADMIN) 2.50
Officer
$0 $93,820 $433,678
TIMOTHY BROOKE PRESIDENT (ASTM: VP LAB SVCS & CERT) 10.00
Officer
$0 $220,349 $562,613
STEPHEN SANDERS TECHNICAL DIRECTOR 40.00
Highest
$0 $51,081 $223,855
WILLIAM FITHIAN TECHNICAL DIRECTOR 40.00
Highest
$0 $76,830 $211,258
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 $4,185,992 $4,012,920 $2,774,940 $173,072
2022 $5,481,887 $5,224,303 $4,261,026 $257,584
2021 $5,093,632 $4,789,755 $3,866,631 $303,877
2020 $4,032,466 $3,842,837 $2,926,732 $189,629
2019 $4,947,419 $4,945,198 $3,082,093 $2,221
2018 $5,196,288 $5,039,287 $1,608,877 $157,001
Explore More Nonprofits
Top 100 Nonprofits in Pennsylvania Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SAFETY EQUIPMENT INSTITUTE with other nonprofits in Pennsylvania and across the country.