Civic Intelligence

American Society for Precision Engineering Inc.

990 • Fiscal year 2018 • EIN 56-1483790

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 17, 2019

Organization ProfileWWW.ASPE.NET

View Organization Page

3801 Lake Boone Trail Ste 190Raleigh, NC 27607

(919) 839-8444

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

29th percentile

-4.5%

Higher net margin than 29% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

25th percentile

-5.7%

Faster asset growth than 25% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

33rd percentile

-3.4%

Faster revenue growth than 33% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets27th percentile

Assets

Down

$396,307

Down $23,747 (-5.7%) from 2017

Net Assets

Down

$396,307

Down $23,747 (-5.7%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin29th percentile

Revenue

Down

$523,453

Down $18,630 (-3.4%) from 2017

Expenses

Up

$547,198

Up $7,658 (+1.4%) from 2017

Net Income

Down

-$23,745

Down $26,288 (-1034%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth25th 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

2018

Assets$396,307
Liabilities$0
Net Assets$396,307
Open 2018 Filing

Operations Trend

Revenue Growth33rd 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

2018

Revenue$523,453
Expenses$547,198
Net Income-$23,745
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 17, 2019
Return Version
2018v3.1
Gross Receipts
$523,453
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$309,729$309,826▲ $97
Cash and Non-Interest-Bearing Accounts$101,152$78,614▼ $22,538
Land, Buildings, and Equipment, Net$9,173$7,867▼ $1,306
Total Assets$420,054$396,307▼ $23,747
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$420,054$396,307▼ $23,747
Total Net Assets Fund Balance$420,054$396,307▼ $23,747
Total Liabilities and Net Assets / Fund Balance$420,054$396,307▼ $23,747

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,348$85,499$88,847
Leasehold Improvements$4,519$5,481$10,000
Compensation and Service Providers
Top Officer Pay50th percentile

Board Members and Trustees

NameTitle
Eric S BuicePresident
Alexander SohnBoard Member
Brandon M LaneBoard Member
Chinedum E OkwudireBoard Member
David a ArnesonBoard Member
Deepak R RavindraBoard Member
Jimmie a MillerBoard Member
Richard M SeuglingBoard Member
Robert M PanasBoard Member
Vivek G BadamiBoard Member
Leonard E ChalouxSecretary/tr
Tony L SchmitzVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$14,000
Program Service Revenue
$509,356
Investment Income
$97
Other Revenue
$0
All Other Contributions
$14,000
Change in Net Assets
$-23,745
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$436,589
Salaries, Compensation, and Employee Benefits$110,609
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$309,875$3,300-$313,175
Other Salaries and Wages-$93,299-$93,299
Occupancy-$30,617-$30,617
All Other Expenses-$14,744-$14,744
Payroll Taxes-$7,176-$7,176
Other Employee Benefits-$6,164-$6,164
Pension Plan Contributions-$3,970-$3,970
Other Expenses-$3,350-$3,350
Insurance-$1,890-$1,890
Depreciation Depletion-$1,303-$1,303
Total Functional Expenses$309,875$237,323$0$547,198
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
3801 LAKE BOONE TRAIL STE 190, RALEIGH, NC 27607

Signing Officer

Name
Tony L Schmitz
Title
Vice President
Phone
9198398444
Signed
2019-04-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tony L Schmitz
Formed
1986
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
12
Employees
4

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.”

Form 990, Part XI, Line 9

“Book / tax depreciation difference -2”

Raw XML AppendixShowing 400 of 406 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/TotalAmt0561178
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt097
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0120
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0138
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0368
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0342
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01065
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0509453
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0378730
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0457518
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0477445
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0524779
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02347925
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt097
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0120
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0138
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0368
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0342
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01065
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0625448
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0633462
IRS990ScheduleA/Total509Grp/TotalAmt02909103
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0523550
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0542083
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0584982
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0625816
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0633804
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02910235
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt03348
IRS990ScheduleD/EquipmentGrp/DepreciationAmt085499
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt088847
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04519
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt05481
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt010000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07867
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/ExplanationTxt3BOOK / TAX DEPRECIATION DIFFERENCE -2
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0396307
IRS990/TotalAssetsGrp/BOYAmt0420054
IRS990/TotalAssetsGrp/EOYAmt0396307
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IRS990/TotalContributionsAmt014000
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0237323
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0309875
IRS990/TotalFunctionalExpensesGrp/TotalAmt0547198
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0396307
IRS990/TotalProgramServiceExpensesAmt0309875
IRS990/TotalProgramServiceRevenueAmt0509356
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0509453
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0523453
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0420054
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0396307
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0420054
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0396307
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0UNC - CHARLOTTE
IRS990/USAddress/CityNm0CHARLOTTE
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028223
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.ASPE.NET
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TONY L SCHMITZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09198398444
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AMERICAN SOCIETY FOR PRECISION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ENGINEERING INC
ReturnHeader/Filer/BusinessNameControlTxt0AMER
ReturnHeader/Filer/EIN0561483790
ReturnHeader/Filer/PhoneNum09198398444
ReturnHeader/Filer/USAddress/AddressLine1Txt03801 LAKE BOONE TRAIL STE 190
ReturnHeader/Filer/USAddress/CityNm0RALEIGH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027607
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0812453BB5954C9D50BDF1E575646711FAD0A36F9
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07AA3F5E0EB0B2D4D69EC28ADB6A3DB025C0F63FE
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0199.255.10.6
ReturnHeader/FilingSecurityInformation/IPDt02019-04-24
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:06:48
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
ReturnHeader/PreparerPersonGrp/PreparationDt02019-04-24

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$396,307
Liabilities
$0
Net assets
$396,307
Revenue
$523,453
Expenses
$547,198
Net income
-$23,745
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
2018Detailed filing. Detailed filing data is available for this year.$3.96$0.00$3.96$5.23$5.47$0.24
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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
Peer Organizations

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