Civic Intelligence

American Society for Precision Engineering Inc.

990 • Fiscal year 2017 • EIN 56-1483790

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 24, 2018

Organization ProfileWWW.ASPE.NET

View Organization Page

P O Box 10826Raleigh, NC 27605

(919) 839-8444

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

41st percentile

0.5%

Higher net margin than 41% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

42nd percentile

0.6%

Faster asset growth than 42% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

26th percentile

-7.3%

Faster revenue growth than 26% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets26th percentile

Assets

Up

$420,054

Up $2,543 (+0.6%) from 2016

Net Assets

Up

$420,054

Up $2,543 (+0.6%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue26th percentileNet Margin41st percentile

Revenue

Down

$542,083

Down $42,899 (-7.3%) from 2016

Expenses

Down

$539,540

Down $37,819 (-6.6%) from 2016

Net Income

Down

$2,543

Down $5,080 (-67%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $239,471Liabilities 2011: $0Net Assets 2011: $239,4712011Assets 2012: $269,433Liabilities 2012: $0Net Assets 2012: $269,4332012Assets 2013: $329,761Liabilities 2013: $0Net Assets 2013: $329,7612013Assets 2014: $341,022Liabilities 2014: $0Net Assets 2014: $341,0222014Assets 2015: $409,888Liabilities 2015: $0Net Assets 2015: $409,8882015Assets 2016: $417,511Liabilities 2016: $0Net Assets 2016: $417,5112016Assets 2017: $420,054Liabilities 2017: $0Net Assets 2017: $420,0542017Assets 2018: $396,307Liabilities 2018: $0Net Assets 2018: $396,3072018Assets 2019: $303,725Liabilities 2019: $0Net Assets 2019: $303,7252019Assets 2020: $264,645Liabilities 2020: $697Net Assets 2020: $263,9482020Assets 2021: $274,546Liabilities 2021: $3,194Net Assets 2021: $271,3522021Assets 2022: $282,831Liabilities 2022: $5,005Net Assets 2022: $277,8262022Assets 2023: $271,613Liabilities 2023: $6,142Net Assets 2023: $265,4712023Assets 2024: $141,109Liabilities 2024: $0Net Assets 2024: $141,1092024Assets 2025: $189,787Liabilities 2025: $175Net Assets 2025: $189,6122025

Highlighted filing

2017

Assets$420,054
Liabilities$0
Net Assets$420,054
Open 2017 Filing

Operations Trend

Revenue Growth26th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2011: $453,387Expenses 2011: $490,913Net Income 2011: -$37,5262011Revenue 2012: $520,328Expenses 2012: $490,366Net Income 2012: $29,9622012Revenue 2013: $490,633Expenses 2013: $430,305Net Income 2013: $60,3282013Revenue 2014: $633,804Expenses 2014: $622,543Net Income 2014: $11,2612014Revenue 2015: $625,816Expenses 2015: $556,950Net Income 2015: $68,8662015Revenue 2016: $584,982Expenses 2016: $577,359Net Income 2016: $7,6232016Revenue 2017: $542,083Expenses 2017: $539,540Net Income 2017: $2,5432017Revenue 2018: $523,453Expenses 2018: $547,198Net Income 2018: -$23,7452018Revenue 2019: $459,678Expenses 2019: $552,260Net Income 2019: -$92,5822019Revenue 2020: $298,574Expenses 2020: $338,351Net Income 2020: -$39,7772020Revenue 2021: $369,534Expenses 2021: $362,130Net Income 2021: $7,4042021Revenue 2022: $541,822Expenses 2022: $535,348Net Income 2022: $6,4742022Revenue 2023: $554,193Expenses 2023: $566,548Net Income 2023: -$12,3552023Revenue 2024: $489,571Expenses 2024: $613,933Net Income 2024: -$124,3622024Revenue 2025: $604,861Expenses 2025: $556,358Net Income 2025: $48,5032025

Highlighted filing

2017

Revenue$542,083
Expenses$539,540
Net Income$2,543
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 24, 2018
Return Version
2017v2.3
Gross Receipts
$542,083
Mission and Program Overview

Mission

To provide a forum for the advancement of precision engineering

To provide a forum for the advancemnt of precision engineering.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$309,610$309,729▲ $119
Cash and Non-Interest-Bearing Accounts$96,432$101,152▲ $4,720
Land, Buildings, and Equipment, Net$11,469$9,173▼ $2,296
Total Assets$417,511$420,054▲ $2,543
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$417,511$420,054▲ $2,543
Total Net Assets Fund Balance$417,511$420,054▲ $2,543
Total Liabilities and Net Assets / Fund Balance$417,511$420,054▲ $2,543

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,397$84,450$88,847
Leasehold Improvements$4,776$5,224$10,000
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Leonard E ChalouxPresident
Brandon M LaneBoard Member
Dannis M BrouwerBoard Member
David a ArnesonBoard Member
Deepak R RavindraBoard Member
Jimmie a MillerBoard Member
Luis a AguirreBoard Member
Mark a StockerBoard Member
Robert M PanasBoard Member
Vivek G BadamiBoard Member
Robert D GrejdaSecretary/tr
Eric S BuiceVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$39,600
Program Service Revenue
$502,296
Investment Income
$120
Other Revenue
$67
All Other Contributions
$39,600
Change in Net Assets
$2,543
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$388,608
Salaries, Compensation, and Employee Benefits$150,932
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$295,308$4,763-$300,071
Other Salaries and Wages-$120,576-$120,576
Occupancy-$28,687-$28,687
Other Employee Benefits-$14,812-$14,812
All Other Expenses-$14,351-$14,351
Payroll Taxes-$9,389-$9,389
Pension Plan Contributions-$6,155-$6,155
Other Expenses-$3,955-$3,955
Depreciation Depletion-$2,297-$2,297
Insurance-$1,405-$1,405
Total Functional Expenses$295,308$244,232$0$539,540
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“A copy of the tax return is given to the board.”

Form 990, Page 6, Part VI, Line 19

“The documents are available at the organization's office upon request.”

Filing and Contact Details

Filer

Filer Name
American Society for Precision
EIN
56-1483790
Phone
9198398444
Address
P O BOX 10826, RALEIGH, NC 27605

Signing Officer

Name
Leonard E Chaloux
Title
President
Phone
9198398444
Signed
2018-04-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leonard E Chaloux
Formed
1986
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
12
Employees
3

Preparer

Firm
Walker Rodeniser & Welch Llp
Address
5400 TRINITY RD STE 201, RALEIGH, NC 27607
Preparer
Todd Rodeniser
Phone
9197878233
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The objective of this society shall be to advance the arts, sciences, and technology of precision engineering, and to promote its dissemination through education and training, and to promote its use by science and industry.”

Raw XML AppendixShowing 400 of 407 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0108683
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0135379
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0682557
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0120
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0138
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0368
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0342
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0305
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01273
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0378730
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0457518
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0477445
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0524779
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0354949
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02193421
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0120
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0138
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0368
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0633804
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0490633
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02877318
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IRS990ScheduleD/EquipmentGrp/BookValueAmt04397
IRS990ScheduleD/EquipmentGrp/DepreciationAmt084450
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt088847
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04776
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt05224
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt010000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09173
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE OBJECTIVE OF THIS SOCIETY SHALL BE TO ADVANCE THE ARTS, SCIENCES, AND TECHNOLOGY OF PRECISION ENGINEERING, AND TO PROMOTE ITS DISSEMINATION THROUGH EDUCATION AND TRAINING, AND TO PROMOTE ITS USE BY SCIENCE AND INDUSTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE TAX RETURN IS GIVEN TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DOCUMENTS ARE AVAILABLE AT THE ORGANIZATION'S OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt0417511
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IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0244232
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0295308
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IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/UnrestrictedNetAssetsGrp/BOYAmt0417511
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0420054
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0SWANZEY
IRS990/USAddress/StateAbbreviationCd0NH
IRS990/USAddress/ZIPCd003446
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.ASPE.NET
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LEONARD E CHALOUX
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09198398444
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AMERICAN SOCIETY FOR PRECISION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ENGINEERING INC
ReturnHeader/Filer/BusinessNameControlTxt0AMER
ReturnHeader/Filer/EIN0561483790
ReturnHeader/Filer/PhoneNum09198398444
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 10826
ReturnHeader/Filer/USAddress/CityNm0RALEIGH
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0199.255.10.6
ReturnHeader/FilingSecurityInformation/IPDt02018-05-01
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm016:03:12
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561738715
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WALKER RODENISER & WELCH LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05400 TRINITY RD STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027607
ReturnHeader/PreparerPersonGrp/PhoneNum09197878233

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$420,054
Liabilities
$0
Net assets
$420,054
Revenue
$542,083
Expenses
$539,540
Net income
$2,543
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.90$0.00$1.90$6.05$5.56$0.49
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$0.00$1.41$4.90$6.14$1.24
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.72$0.06$2.65$5.54$5.67$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.83$0.05$2.78$5.42$5.35$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.75$0.03$2.71$3.70$3.62$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.65$0.01$2.64$2.99$3.38$0.40
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.04$0.00$3.04$4.60$5.52$0.93
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.96$0.00$3.96$5.23$5.47$0.24
2017Detailed filing. Detailed filing data is available for this year.$4.20$0.00$4.20$5.42$5.40$0.03
2016Summary only. Only limited summary data is available for this year.$4.18$0.00$4.18$5.85$5.77$0.08
2015Summary only. Only limited summary data is available for this year.$4.10$0.00$4.10$6.26$5.57$0.69
2014Summary only. Only limited summary data is available for this year.$3.41$0.00$3.41$6.34$6.23$0.11
2013Summary only. Only limited summary data is available for this year.$3.30$0.00$3.30$4.91$4.30$0.60
2012Summary only. Only limited summary data is available for this year.$2.69$0.00$2.69$5.20$4.90$0.30
2011Summary only. Only limited summary data is available for this year.$2.39$0.00$2.39$4.53$4.91$0.38