Sporting Arms and Ammunition Manufacturers' Institute Inc

Nonprofit profile at a glance

EIN
204993541
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Shelton, CT, USA
Phone
2034264358
Rating confidence
Limited
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$2,720,373
Expenses
$1,763,528
Assets
$11,866,968
Liabilities
$450,353

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

28 people listed

Executive titles in this filing

  • JOSEPH BARTOZZI (PRESIDENT/CEO)

Highest reported compensation

  • ALAN SERVEN (SR DIRECTOR TECHNICAL AFFAIRS): $256,040 total reported compensation
  • ALEXANDER WIRTZ (DIRECTOR INTERNATIONAL AFFAIRS): $226,663 total reported compensation
  • BRIAN OSOWIECKI (DIRECTOR REGULATORY AFFAIRS): $175,340 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To create and promulgate technical, performance, interchangeability, and safety standards for firearms, ammunition, suppressors, and components; and to be the preeminent global resource for the safe and responsible transportation, storage, and use of these products.

What it reported doing in 2024

Logistics and regulatory affairs - this committee works to shape the constantly evolving transportation and storage regulations, both international and domestic, so that members' products can be distributed economically, securely and safely throughout the world. Education is a key function and this committee is dedicated to providing science-based information to regulators and keeping member companies up-to-date on applicable changes in regulations. The committee also participates in the development of industry standards through their membership in various organizations.

Operating model

Revenue model
Earned-program. 89% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 59
  • Accountability: 88
  • Sustainability: 76
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Limited
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Limited
    • Conducts site visits: Limited
    • Requires grant agreements: Limited
    • May require repayment: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 35.2%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 6.73; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 37.3%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 3.7% per year; rating input score 100; 32nd percentile among comparable filings
  • Asset growth: 13.5% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 21 of 21 board members independent · 5 of 7 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $256K · 28 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $225K reported
  • Consistency: 15 of 15 current checks pass
  • Schedules: 5 filed schedules · includes foreign activity and executive pay
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Officer compensation ratio scored 3/100.