Overview
What is Safety Equipment Institute?
The Safety Equipment Institute is a nonprofit organization situated in McLean, Virginia. Their primary mission is to ensure the safety of the general public and users of certified products by administering a comprehensive testing and certification program. This program adheres to nationally and internationally recognized public safety standards, which involves reviewing product designs, conducting quality audits of manufacturing facilities, and ensuring accredited testing laboratories are employed. The goal is to assist both the industry and government agencies in providing the best possible products and environments for workers and consumers, adhering to recognized standards and the current state of the art. With a team of 11 employees, the Safety Equipment Institute serves as a bridge between industry, government, and consumers, promoting safety in living and working environments.
Official website here: www.seinet.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 86%, Three-Star out of Four Star rating.
The Safety Equipment Institute has achieved an 86% score, reflecting strong accountability and financial management practices. The organization's governance is solid, with a fully independent board and a robust oversight committee, which enhances trust and transparency. They have effective policies in place for conflict of interest, whistleblower protection, and document retention, all contributing positively to their operational integrity.
Financially, the Institute demonstrates a commendable program expense ratio of 95.85%, indicating that a significant portion of their resources is directed towards their mission-related activities. However, their liabilities to assets ratio of 63.29% may raise some concerns regarding financial sustainability and resource management. Despite this, their overall financial health appears to be in good standing.
While the organization excels in many areas, the liabilities to assets metric suggests that they should continue to monitor their financial strategies to ensure long-term stability. Overall, the Safety Equipment Institute presents a reliable option for donors looking for a nonprofit with strong governance and a substantial commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Safety Equipment Institute legitimate?
Safety Equipment Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Safety Equipment Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $32,401
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,195,315
For more financial information, click here
Official website here: www.seinet.org
What is the mission statement of Safety Equipment Institute?
The Safety Equipment Institute administers an auditing, testing, and certification program with the aim of promoting safe living and working environments. This program assists both industry and government agencies in meeting their shared objectives of providing the best possible products and environments for workers and consumers. It does so by conducting tests that adhere to recognized standards and the current state of the art. The program also recognizes and disseminates information about products that meet the applicable standards, ultimately benefiting the public.
Official website here: www.seinet.org
Who is the CEO of Safety Equipment Institute?
Timothy Brooke is the Chair Of The Board of Safety Equipment Institute.
Official website here: www.seinet.org
What is the revenue of Safety Equipment Institute?
Safety Equipment Institute's revenue in 2022 was $5,481,887.
Official website here: www.seinet.org
Who are the executives of Safety Equipment Institute and what are their salaries?
The average compensation at Safety Equipment Institute during 2022 was $111,611. There are 11 employees and 5 volunteers at Safety Equipment Institute.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $324,943
- Other: $68,374
- Compensation: $0
- Related: $322,294
- Other: -$67,583
- Compensation: $0
- Related: $166,084
- Other: -$16,570
- Compensation: $0
- Related: $130,452
- Other: $194
- Compensation: $0
- Related: $102,987
- Other: -$10,255
Official website here: www.seinet.org
Where can I find the form 990 for Safety Equipment Institute?
Safety Equipment Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.seinet.org
Learn more at the official website: www.seinet.org
Mission Statement of Safety Equipment Institute
Safety Equipment Institute, or SEI, is an organization that plays a crucial role in ensuring safe living and working environments. Its primary mission involves administering an auditing, testing, and certification program. This program is designed to assist both industries and government agencies in achieving their shared goal of providing the best possible products and environments for workers and consumers.
The program operates based on public safety, adhering to recognized standards and the latest technology. Its purpose is twofold. Firstly, it tests products to ensure they meet applicable safety standards, thereby protecting the public. Secondly, it recognizes and disseminates information about products that have been certified to meet these standards, benefiting the public as a whole. By doing so, SEI contributes to enhancing safety and promoting the use of high-quality, certified products.
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Impact
July, 2024
Safety Equipment Institute's impact is significant in ensuring safe living and working environments through its testing and certification program. By determining compliance of products and systems with nationally and internationally recognized public safety standards, SEI plays a crucial role in assuring the safety of the general public and those who use certified products. This is achieved through rigorous review of product designs, quality audits of manufacturing facilities, and ensuring accredited testing laboratories are used for testing. SEI's efforts not only help industry and government agencies meet their goals of providing the best products and environment for workers and consumers but also contribute to public safety by recognizing and disseminating information on certified products that meet standards. Through its auditing, testing, and certification program, SEI plays a vital role in promoting public safety.
This information is meant to be a general summary of Safety Equipment Institute. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $14,320
- Program Service Revenue: $5,467,567
- Gross Receipts: $5,781,533
Assets and Liabilities:
- Total Assets: $4,261,026
- Total Liabilities: $2,696,868
- Net Assets: $1,564,158
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SURCHARGE-AUDIT & TEST
Revenue
$4,214,963
PARTICIPATION FEES
Revenue
$655,206
CERTIFICATION FEES
Revenue
$488,803
APPLICATION FEES
Revenue
$91,605
PRODUCT REVIEW FEES
Revenue
$16,990
Organization Details
Founding Year
1980
Phone
(703) 442-5732Principal Officer
Timothy Brooke
Main Address
1307 DOLLEY MADISON BLVD 3A, MCLEAN, VA, 22101
Website
www.seinet.orgNTEE Category
Code: M40 - Public safety
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