American Society Of Heating Refrigerating & A C Engineers
ASHRAE demonstrates strong financial growth and consistent surpluses with no reported officer compensation.
EIN: 135675095 · Peachtree Corners, GA · NTEE: S410 · Updated: 2026-03-28
Is American Society Of Heating Refrigerating & A C Engineers Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Society Of Heating Refrigerating & A C Engineers directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Society Of Heating Refrigerating & A C Engineers
American Society Of Heating Refrigerating & A C Engineers (EIN: 135675095) is a nonprofit organization based in Peachtree Corners, GA, classified under NTEE code S410. The organization reported total revenue of $36.9M and total assets of $62.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Society Of Heating Refrigerating & A C Engineers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Society Of Heating Refrigerating & A C Engineers with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, American Society Of Heating Refrigerating & A C Engineers allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The provided data indicates 0% officer compensation across all reported periods, suggesting that top leadership may be volunteer-based or compensated through mechanisms not classified as officer compensation on the 990, which contributes to lower overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for American Society Of Heating Refrigerating & A C Engineers:
- Strong financial health with consistent revenue growth (from $26.4M in 2012 to $36.9M currently).
- Significant and growing asset base ($28.7M in 2012 to $62.5M currently).
- Consistent operational surpluses, indicating sound financial management (e.g., $35M revenue vs. $24.7M expenses in 2022).
- No reported officer compensation, potentially indicating high efficiency or volunteer leadership.
- Regular IRS 990 filings, demonstrating basic transparency.
Frequently Asked Questions about American Society Of Heating Refrigerating & A C Engineers
Is American Society Of Heating Refrigerating & A C Engineers a legitimate charity?
Based on AI analysis of IRS 990 filings, American Society Of Heating Refrigerating & A C Engineers (EIN: 135675095) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does American Society Of Heating Refrigerating & A C Engineers spend its money?
American Society Of Heating Refrigerating & A C Engineers directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Society Of Heating Refrigerating & A C Engineers tax-deductible?
American Society Of Heating Refrigerating & A C Engineers is registered as a tax-exempt nonprofit (EIN: 135675095). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does ASHRAE manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation on the IRS 990 filings suggests that the organization's top leadership may be volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, such as through a related entity or as regular employee salaries if they are not considered 'officers' for 990 purposes. Further review of the full 990 forms would be needed for clarification.
What is the primary driver of ASHRAE's significant asset growth?
ASHRAE's assets have grown from $28,711,677 in 2012 to $62,525,968 currently. This growth is primarily driven by consistent operational surpluses, where revenues significantly exceed expenses, allowing the organization to accumulate reserves and invest in its financial holdings.
Is ASHRAE financially stable given its revenue and asset trends?
Yes, ASHRAE appears financially stable. It has demonstrated consistent revenue growth, from $26,474,930 in 2012 to $36,919,300 currently, and a substantial increase in assets from $28,711,677 to $62,525,968 over the same period. The organization consistently operates with a surplus, indicating sound financial management.
Filing History
IRS 990 filing history for American Society Of Heating Refrigerating & A C Engineers showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2012–2022), American Society Of Heating Refrigerating & A C Engineers's revenue has grown by 32.3%, moving from $26.5M to $35.0M. Total assets increased by 95.9% over the same period, from $28.7M to $56.2M. Total functional expenses fell by 6.9%, from $26.6M to $24.7M. In its most recent filing year (2022), American Society Of Heating Refrigerating & A C Engineers reported a surplus of $10.3M, with revenue exceeding expenses. The organization holds $13.7M in liabilities against $56.2M in assets (debt-to-asset ratio: 24.3%), resulting in net assets of $42.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $35.0M | $24.7M | $56.2M | $13.7M | — | View 990 |
| 2020 | $37.7M | $25.8M | $51.1M | $15.5M | — | View 990 |
| 2015 | $27.4M | $27.0M | $30.6M | $12.2M | — | View 990 |
| 2013 | $25.1M | $25.8M | $28.1M | $11.4M | — | View 990 |
| 2012 | $26.5M | $26.6M | $28.7M | $12.4M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $35.0M, expenses of $24.7M, and assets of $56.2M (revenue -7.0% year-over-year).
- 2020: Revenue of $37.7M, expenses of $25.8M, and assets of $51.1M (revenue +37.5% year-over-year).
- 2015: Revenue of $27.4M, expenses of $27.0M, and assets of $30.6M (revenue +9.0% year-over-year).
- 2013: Revenue of $25.1M, expenses of $25.8M, and assets of $28.1M (revenue -5.1% year-over-year).
- 2012: Revenue of $26.5M, expenses of $26.6M, and assets of $28.7M.
Data Sources and Methodology
This transparency report for American Society Of Heating Refrigerating & A C Engineers is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.