Sfi Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 953243714 ✦ Poway, CA ✦ Designated as a 501(c)(6)

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Overview

What is Sfi Foundation Inc?

Sfi Foundation Inc, based in Poway, California, is a nonprofit organization primarily focused on the research and development of automotive safety specifications. They issue and administer standards for specialty and performance automotive and racing equipment, ensuring product conformity to applicable safety standards. With a team of 11 employees, Sfi Foundation Inc plays a crucial role in enhancing automotive safety standards, contributing to a safer driving experience for many.


Official website here: www.sfifoundation.com

Is Sfi Foundation Inc legitimate?

Sfi Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Sfi Foundation Inc 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: $381,287
Professional Fundraising Fees: $0
Other Salaries and Wages: $917,805

For more financial information, click here


Official website here: www.sfifoundation.com

What is the mission statement of Sfi Foundation Inc?

Sfi Foundation Inc's mission is centered around setting and enforcing standards for specialized and performance automotive and racing equipment. In essence, they aim to ensure the safety and quality of such equipment by issuing and administering these standards. The organization is also involved in research and development, creating automotive safety specifications and selling labels to indicate compliance with these standards. This certification process provides consumers with peace of mind, knowing that the products they use meet established safety standards.


Official website here: www.sfifoundation.com

Who is the CEO of Sfi Foundation Inc?

Jennifer Faye is the President of Sfi Foundation Inc. The CEO's salary of Sfi Foundation Inc is $138,285 and their total compensation is $151,564.


Official website here: www.sfifoundation.com

What is the revenue of Sfi Foundation Inc?

Sfi Foundation Inc's revenue in 2023 was $2,010,771.


Official website here: www.sfifoundation.com

Who are the executives of Sfi Foundation Inc and what are their salaries?

The average compensation at Sfi Foundation Inc during 2023 was $118,099. There are 11 employees at Sfi Foundation Inc.


Here are 10 key members and their salaries (Sfi Foundation Inc's CEO's salary is $138,285 and their total compensation is $151,564):


Jennifer Faye (President)
  • Compensation: $210,090
  • Related: $0
  • Other: $19,633
Michael Hurst (Technical Manager)
  • Compensation: $186,257
  • Related: $0
  • Other: $19,339
Chris Bowden (Motorsport Manager)
  • Compensation: $135,449
  • Related: $0
  • Other: $16,639
Arnold S Kuhns (Ceo)
  • Compensation: $138,285
  • Related: $0
  • Other: $13,279
Michael Sherbo (Lab Manager)
  • Compensation: $127,257
  • Related: $0
  • Other: $12,375
Joan Kuhns (Admin. Manager)
  • Compensation: $124,194
  • Related: $0
  • Other: $13,697
Tom Gideon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Poteet (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Ray (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Murf Mckinney (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sfifoundation.com

Where can I find the form 990 for Sfi Foundation Inc?

Sfi Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.sfifoundation.com

Learn more at the official website: www.sfifoundation.com

Mission Statement of Sfi Foundation Inc

Sfi Foundation Inc is dedicated to setting and enforcing standards for specialty and performance automotive and racing equipment. This nonprofit organization undertakes research and development in the field of automotive safety, resulting in the establishment of specifications for products. By adhering to these standards, manufacturers can display labels on their products, indicating compliance with the relevant safety standards. This labeling system serves as a guarantee for consumers, ensuring that the purchased equipment meets necessary safety requirements. Sfi Foundation Inc plays a crucial role in promoting safety in the automotive and racing industries, thereby protecting individuals who use these products.

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Impact




October, 2024

Sfi Foundation Inc plays a crucial role in enhancing safety within the automotive and racing industries by issuing and administering standards for specialty and performance equipment. Through extensive research and development, the foundation establishes automotive safety specifications that are vital for ensuring the well-being of participants in high-speed racing environments.

By providing labels that indicate compliance with these rigorous safety standards, Sfi Foundation Inc helps manufacturers and consumers identify products that meet established safety criteria. This not only improves the overall safety of automotive and racing equipment but also fosters a culture of accountability among manufacturers to prioritize safety in their designs.

The foundation's impact extends to the community by promoting safer racing events, reducing the likelihood of accidents, and enhancing public confidence in the safety measures associated with performance automotive activities. Ultimately, Sfi Foundation Inc contributes significantly to the improvement of safety standards, benefiting both participants and enthusiasts in the automotive racing community.




This information is meant to be a general summary of Sfi Foundation Inc. 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.

Revenue
$2,010,771 (2023)
Expenses
$2,049,995 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $5,182
  • Gross Receipts: $2,139,640

Assets and Liabilities:

  • Total Assets: $2,454,785
  • Total Liabilities: $10,918
  • Net Assets: $2,443,867

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Organization Details

Founding Year

1977

Principal Officer

Jennifer Faye

Main Address

15708 POMERADO ROAD N208, POWAY, CA, 92064

NTEE Category

Code: S41 - Community improvement

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