IMSA SOUTHEASTERN SECTION

EIN: 852225700 501(c)(3) Public Safety

NEW MARKET, AL

Total Revenue
$506,713
Total Expenses
$562,727
Total Assets
$422,125
Net Assets
$419,424
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Principal Officer
JON HOFFMAN
Phone
2563374813
Tax Period
2024-11-01 to 2025-10-31

IMSA SOUTHEASTERN SECTION, founded in 2020, is a small nonprofit in the Public Safety sector that reported $409K in total revenue in fiscal year 2021. The organization ran a surplus of $348K, a strong 85% operating margin.

Mission

WE ARE DEDICATED TO PROVIDE CERTIFICATION PROGRAMS FOR THE SAFE INSTALLATION, OPERATION, AND MAINTENANCE OF PUBLIC SAFETY SYSTEMS DELIVERING VALUE TO MEMBERS BY PROVIDING THE LATEST INFORMATION AND EDUCATON IN THE INDUSTRY

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $506,713
Investment Income $0
Other Revenue $0
TOTAL REVENUE $506,713

Expense Breakdown

Grants Paid $0
Salaries & Benefits $367,506
Fundraising Expenses $0
Program Expenses $562,727
Other Expenses $195,221
TOTAL EXPENSES $562,727

Year-over-Year Comparison

2024 2023 Change
Revenue $506,713 $459,214 +0.1%
Expenses $562,727 $479,549 +0.2%
Net Income $-56,014 $-20,335 +1.8%
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

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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
3
Independent Members
3
Employees
3
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JON HOFFMAN DIRECTOR N/A
Director
$0 $0 $0
TERRY WELSHAN 2ND PRESIDEN N/A
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 $506,713 $562,727 $422,125 $-56,014
2024 $459,214 $479,549 $427,952 $-20,335
2023 $348,177 $170,101 $535,392 $178,076
2023 $153,197 $240,304 $448,287 $-87,107
2022 $347,982 $167,217 $535,392 $180,765
2021 $409,103 $60,829 $324,371 $348,274
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