American Society Of Power Engineers Inc
American Society Of Power Engineers Inc consistently operates near break-even with no reported officer compensation.
EIN: 141860784 · Bristol, WI · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $262K |
| Total Expenses | $193K |
| Program Spending | 85% |
| Net Assets | $42K |
| Transparency Score | 85/100 |
Is American Society Of Power Engineers Inc 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 Power Engineers Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Society Of Power Engineers Inc
American Society Of Power Engineers Inc (EIN: 141860784) is a nonprofit organization based in Bristol, WI, classified under NTEE code S41. The organization reported total revenue of $262K and total assets of $151K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Society Of Power Engineers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Society Of Power Engineers Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $192K |
| Total Expenses | $193K |
| Surplus / Deficit | $-749 |
| Total Assets | $42K |
| Net Assets | $42K |
| Operating Margin | -0.4% |
| Months of Reserves | 2.6 months |
Financial Health Grade: C
In 2023, American Society Of Power Engineers Inc reported a deficit of $749 with expenses exceeding revenue, holds 2.6 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), American Society Of Power Engineers Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.4% | -1.5% | -1.7% |
| 2022 | -3.2% | +1.4% | -18.7% |
| 2021 | -3.4% | +2.3% | -1.8% |
| 2020 | -4.1% | -15.2% | +23.0% |
| 2019 | -9.0% | +5.2% | -26.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Society Of Power Engineers Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, American Society Of Power Engineers Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $749, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% of expenses across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly favorable for a nonprofit of its size.
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 Power Engineers Inc:
- Consistent zero officer compensation reported, indicating efficient use of funds.
- Low to zero liabilities across all filing periods, demonstrating strong financial health.
- Consistent operation near break-even, suggesting responsible financial planning and spending.
- Stable revenue and expense trends over a decade, indicating predictable operations.
Frequently Asked Questions about American Society Of Power Engineers Inc
Is American Society Of Power Engineers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Society Of Power Engineers Inc (EIN: 141860784) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does American Society Of Power Engineers Inc spend its money?
American Society Of Power Engineers Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Society Of Power Engineers Inc tax-deductible?
American Society Of Power Engineers Inc is registered as a tax-exempt nonprofit (EIN: 141860784). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of American Society Of Power Engineers Inc's spending goes to programs?
American Society Of Power Engineers Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does American Society Of Power Engineers Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), American Society Of Power Engineers Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is American Society Of Power Engineers Inc located?
American Society Of Power Engineers Inc is headquartered in Bristol, Wisconsin and files with the IRS under EIN 141860784. It is classified under NTEE code S41.
How many years of IRS 990 filings does American Society Of Power Engineers Inc have?
American Society Of Power Engineers Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $262K in total revenue.
Is American Society Of Power Engineers Inc a good charity?
Based on the available financial data, the American Society Of Power Engineers Inc appears to be a well-managed organization. It consistently operates near break-even, maintains low liabilities, and reports no officer compensation, suggesting efficient use of funds and a strong commitment to its mission without excessive administrative overhead.
How does American Society Of Power Engineers Inc manage its assets?
The organization maintains a modest asset base, with assets ranging from $26,039 to $59,334 over the past decade. In 2023, assets were $42,349. This indicates that the organization does not accumulate significant reserves but rather expends most of its revenue on its operations annually.
What is the trend in revenue and expenses for American Society Of Power Engineers Inc?
Revenue and expenses have remained relatively stable over the past decade, generally fluctuating between $185,000 and $240,000 annually. The organization consistently operates close to a break-even point, with expenses often slightly exceeding or falling slightly below revenue, as seen in 2023 where expenses ($192,580) slightly exceeded revenue ($191,831).
Filing History
IRS 990 filing history for American Society Of Power Engineers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Society Of Power Engineers Inc's revenue has declined by 10.3%, moving from $214K to $192K. Total assets decreased by 15% over the same period, from $50K to $42K. Total functional expenses fell by 15.4%, from $228K to $193K. In its most recent filing year (2023), American Society Of Power Engineers Inc reported a deficit of $749, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $192K | $193K | $42K | $0 | — | View 990 |
| 2022 | $186K | $196K | $43K | $0 | — | View 990 |
| 2021 | $192K | $193K | $53K | $0 | — | View 990 |
| 2020 | $199K | $189K | $54K | $0 | — | View 990 |
| 2019 | $207K | $222K | $44K | $0 | — | View 990 |
| 2018 | $228K | $211K | $59K | $210 | — | — |
| 2017 | $241K | $222K | $43K | $71 | — | View 990 |
| 2016 | $205K | $208K | $26K | $2K | — | View 990 |
| 2015 | $207K | $211K | $27K | $218 | — | View 990 |
| 2014 | $205K | $209K | $32K | $1K | — | View 990 |
| 2013 | $207K | $213K | $34K | $106 | — | View 990 |
| 2012 | $219K | $228K | $45K | $4K | — | View 990 |
| 2011 | $214K | $228K | $50K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $192K, expenses of $193K, and assets of $42K (revenue +3.4% year-over-year).
- 2022: Revenue of $186K, expenses of $196K, and assets of $43K (revenue -3.2% year-over-year).
- 2021: Revenue of $192K, expenses of $193K, and assets of $53K (revenue -3.4% year-over-year).
- 2020: Revenue of $199K, expenses of $189K, and assets of $54K (revenue -4.1% year-over-year).
- 2019: Revenue of $207K, expenses of $222K, and assets of $44K (revenue -9.0% year-over-year).
- 2018: Revenue of $228K, expenses of $211K, and assets of $59K (revenue -5.6% year-over-year).
- 2017: Revenue of $241K, expenses of $222K, and assets of $43K (revenue +17.5% year-over-year).
- 2016: Revenue of $205K, expenses of $208K, and assets of $26K (revenue -1.0% year-over-year).
- 2015: Revenue of $207K, expenses of $211K, and assets of $27K (revenue +1.1% year-over-year).
- 2014: Revenue of $205K, expenses of $209K, and assets of $32K (revenue -1.0% year-over-year).
- 2013: Revenue of $207K, expenses of $213K, and assets of $34K (revenue -5.5% year-over-year).
- 2012: Revenue of $219K, expenses of $228K, and assets of $45K (revenue +2.4% year-over-year).
- 2011: Revenue of $214K, expenses of $228K, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Society Of Power Engineers Inc:
Data Sources and Methodology
This transparency report for American Society Of Power Engineers Inc 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.