S F ELECTRICAL CONTRACTORS ASSOCIA… - 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

1934

Legal Domicile

Principal Officer

JUSTIN SAROYAN

Phone

4157038333

Tax Period

2024-01-01 to 2024-12-31

S F ELECTRICAL CONTRACTORS ASSOCIATION INC, founded in 1934, is a community nonprofit that reported $4.0M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $5.1M exceeded revenue, resulting in a 28% operating deficit.

Mission

OUR MISSION IS TO MEET THE ELECTRICAL NEEDS OF OUR CLIENTS AND COMMUNITY, AND TO DO IT WITH THE PROFESSIONAL EXPERTISE CUSTOMERS EXPECT AND DESERVE.

Program Service Accomplishments

Program 1

Expenses: $5,130,523 Revenue: $1,820,053

EMPLOYER RELATION PROGRAMS, INCLUDING CONTRACT NEGOTIATIONS, APPRENTICESHIP PROGRAM, AND EDUCATIONAL PROGRAMS

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,366,826

Program Service Revenue $1,820,053

Investment Income $820,578

Other Revenue $0

TOTAL REVENUE $4,007,457

Expense Breakdown

Grants Paid $22,000

Salaries & Benefits $1,327,143

Fundraising Expenses $0

Program Expenses $5,130,523

Other Expenses $3,774,353

TOTAL EXPENSES $5,123,496

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,007,457	$3,495,769	+0.1%
Expenses	$5,123,496	$2,805,564	+0.8%
Net Income	$-1,116,039	$690,205	-2.6%

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

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

Total Directors

Key Employees

$371,313

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL PAGANINI	PRESIDENT	2.00	Officer Director	$0	$0	$0
THOMAS MCCLURE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DANIEL VOGL	TREASURER	2.00	Officer Director	$0	$0	$0
WILLIAM MUSGRAVE	SECTRETARY	2.00	Officer Director	$0	$0	$0
LARRY ANDRINI	GOVERNOR	2.00	Director	$0	$0	$0
ADAM SPILLANE	DIRECTOR	2.00	Director	$0	$0	$0
ANDREW FERRARI	DIRECTOR	2.00	Director	$0	$0	$0
NELSON LIKSICH	DIRECTOR	2.00	Director	$0	$0	$0
WAYNE HUIE	DIRECTOR	2.00	Director	$0	$0	$0
DAN BOAS	DIRECTOR	2.00	Director	$0	$0	$0
JAMES REED	DIRECTOR	2.00	Director	$0	$0	$0
THOMAS COLEMAN	EXECUTIVE MANAGER	40.00	Key Emp	$371,313	$0	$371,313
JUSTIN SAROYAN	ASSISTANT MANAGER	40.00	Highest	$255,989	$0	$255,989
KIANA REYES CAZESSUS	OFFICE MANAGER	40.00	Highest	$116,773	$0	$116,773
JOEL L KOPPEL	UNKNOWN	40.00	Highest	$111,683	$0	$111,683

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	$4,007,457	$5,123,496	$14,622,947	$-1,116,039
2023	$3,495,769	$2,805,564	$15,365,291	$690,205
2022	$3,340,459	$2,946,321	$13,480,052	$394,138
2021	$5,204,755	$5,963,980	$15,133,808	$-759,225
2020	$4,810,308	$2,704,205	$16,339,439	$2,106,103
2019	$5,816,877	$3,733,652	$14,650,805	$2,083,225
2018	$4,846,732	$2,749,185	$11,105,738	$2,097,547

S F ELECTRICAL CONTRACTORS ASSOCIATION INC