INTERNATIONAL MUNICIPAL SIGNAL ASSOC ARIZONA SECTION

EIN: 860951619

MESA, AZ

Total Revenue
$278,687
Total Expenses
$220,874
Total Assets
$378,920
Net Assets
$378,920
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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
2004
Legal Domicile
AZ
Principal Officer
RAYMOND PARMIGIANI
Phone
6026209108
Tax Period
2024-01-01 to 2024-12-31

INTERNATIONAL MUNICIPAL SIGNAL ASSOC ARIZONA SECTION, founded in 2004, is a small nonprofit that reported $279K in total revenue in fiscal year 2024. Revenue surged 137% from the prior year, signaling strong growth momentum. The organization ran a surplus of $58K, a strong 21% operating margin.

Mission

DEDICATED TO PROVIDING QUALITY CERTIFICATION PROGRAMS FOR THE SAFE INSTALLATION, OPERATION AND MAINTENANCE OF PUBLIC SAFETY SYSTEMS; DELIVERING VALUE FOR MEMBERS BY PROVIDING THE LATEST INFORMATION AND EDUCATION IN THE INDUSTRY.

Program Service Accomplishments

Program 1
Expenses: $210,764 Revenue: $271,869

PROVIDED CERTIFICATION PROGRAM FOR THE SAFE INSTALLATION, OPERATION, AND MAINTENANCE OF PUBLIC SAFETY SYSTEMS.

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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 $483
Program Service Revenue $270,675
Investment Income $6,335
Other Revenue $1,194
TOTAL REVENUE $278,687

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $210,764
Other Expenses $220,874
TOTAL EXPENSES $220,874

Year-over-Year Comparison

2024 2023 Change
Revenue $278,687 $117,824 +1.4%
Expenses $220,874 $116,071 +0.9%
Net Income $57,813 $1,753 +32.0%
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
7
Independent Members
2
Employees
N/A
Volunteers
7

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
$21,900
Total Directors
7
$21,900
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SERGIO MONTANO DELEGATE 1.00
Director
$0 $0 $0
SHAWN LESSARD ALTERNATE DELEGATE 1.00
Director
$0 $0 $0
RAYMOND PARMIGIANI SECRETARY/TREASURER 10.00
Officer Director
$12,275 $0 $12,275
PAUL BURTON PRESIDENT 1.00
Officer Director
$1,500 $0 $1,500
ALEX HARDY 1ST VICE PRESIDENT 4.00
Officer Director
$6,250 $0 $6,250
BRIAN MERCER 2ND VICE PRESIDENT 1.00
Officer Director
$875 $0 $875
ROBERT GAYFILED 3RD VICE PRESIDENT 1.00
Officer Director
$1,000 $0 $1,000
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 $278,687 $220,874 $378,920 $57,813
2022 $207,713 $171,334 $319,354 $36,379
2019 $212,115 $117,514 $162,736 $94,601
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