CSCharityScored
65

Spring Manufacturers Institute Inc

Other · Elgin, Illinois

2275 Valley Creek Dr Suite G, Elgin, IL 60123-2513

EIN: 060607885· Founded: Jul 1942· 84 years active· Filing Year: 2023

Annual Revenue

$646K

Total Expenses

$627K

Total Assets

$-372,200

Program Spending

94%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$169K

26.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$19K

Total Payroll

$187K

30% of total expenses

Where the Money Goes

94%
Programs: 94%
Payroll: 30%
Other overhead: 6%
Program Revenue$592K (92%)
Total Expenses$627K (97%)
Payroll$187K (30%)
Overhead (non-program)6%

Trust Score Breakdown

Program Spending Ratio

94% of expenses go to programs

40%

Revenue & Stability

$646K annual revenue

15%

Executive Compensation

$169K total officer comp (26.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$-372,200 in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.