SIMULATION INTEROPERABILITY STANDA… - Form 990 Financial Data

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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

1997

Legal Domicile

Principal Officer

DAMON CURRY

Phone

8508074500

Tax Period

2023-01-01 to 2023-12-31

SIMULATION INTEROPERABILITY STANDARDS ORGANIZATION INC, founded in 1997, is a small nonprofit in the Education sector that reported $287K in total revenue in fiscal year 2023.

Mission

SOFTWARE STANDARDS DEVELOPMENT AND EDUCATION

Program Service Accomplishments

Program 1

Expenses: $248,218 Revenue: $0

THE SIMULATION INTEROPERABILITY STANDARDS ORGANIZATION (SISO) IS AN INTERNATIONAL ORGANIZATION DEDICATED TO THE PROMOTION OF MODELING AND SIMULATION INTEROPERABILITY AND REUSE FOR THE BENEFIT OF A...

THE SIMULATION INTEROPERABILITY STANDARDS ORGANIZATION (SISO) IS AN INTERNATIONAL ORGANIZATION DEDICATED TO THE PROMOTION OF MODELING AND SIMULATION INTEROPERABILITY AND REUSE FOR THE BENEFIT OF A BROAD RANGE OF M&S COMMUNITIES. SISO'S CONFERENCE COMMITTEE ORGANIZES SIMULATION INNOVATION WORKSHOPS (SIWS) IN THE U.S. AND EUROPE. SISO'S STANDARDS ACTIVITY COMMITTEE DEVELOPS AND SUPPORTS SIMULATION INTEROPERABILITY STANDARDS, BOTH INDEPENDENTLY AND IN CONJUNCTION WITH OTHER ORGANIZATIONS. SISO IS RECOGNIZED AS A STANDARDS DEVELOPMENT ORGANIZATION (SDO) BY NATO AND AS A STANDARDS SPONSOR BY IEEE. IN ADDITION, SISO IS A CATEGORY C LIASON ORGANIZATION WITH ISO/IEC (JTC 1) FOR THE DEVELOPMENT OF STANDARDS FOR THE REPRESENTATION AND INTERCHANGE OF DATA REGARDING SYNTHETIC ENVIRONMENT DATA REPRESENTATION AND INTERCHANGE SPECIFICATION (SEDRIS).

Program 2

Expenses: $42,918 Revenue: $0

SIMULATION INNOVATION WORKSHOP

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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 $286,512

Program Service Revenue $0

Investment Income $5

Other Revenue $220

TOTAL REVENUE $286,737

Expense Breakdown

Grants Paid $0

Salaries & Benefits $102,340

Fundraising Expenses $0

Program Expenses $291,136

Other Expenses $193,976

TOTAL EXPENSES $296,316

Year-over-Year Comparison

	2023	2022	Change
Revenue	$286,737	$268,773	+0.1%
Expenses	$296,316	$241,091	+0.2%
Net Income	$-9,579	$27,682	-1.3%

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

Volunteers

200

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

$95,004

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK T ROWE	EXECUTIVE DIRECTOR	40.0	Officer	$95,004	$0	$95,004
DAVID DRAKE	CHAIRMAN	2.0	Officer Director	$0	$0	$0
DAMON CURRY	President	2.0	Officer Director	$0	$0	$0
KATHERINE MORSE	SECRETARY	2.0	Officer Director	$0	$0	$0
PAUL GUSTAVSON	Member-at-Large	2.0	Officer Director	$0	$0	$0
DAVID A GRAHAM	Member-at-Large	2.0	Officer Director	$0	$0	$0
ROBERT R LUTZ	VICE PRESIDENT	2.0	Officer Director	$0	$0	$0
Chuck Sanders	Treasurer	2.0	Officer 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	$286,737	$296,316	$62,351	$-9,579
2022	$268,773	$241,091	$71,930	$27,682
2021	$141,838	$157,837	$44,248	$-15,999
2020	$293,833	$270,195	$82,405	$23,638
2019	$276,188	$314,490	$36,609	$-38,302
2018	$342,267	$290,413	$74,911	$51,854

SIMULATION INTEROPERABILITY STANDARDS ORGANIZATION INC