American Council of Engineering Companies of Massachusetts Ed Corp
Nonprofit profile at a glance
- EIN
- 205465020
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2008
- Location
- Boston, MA, USA
- Phone
- 6172275551
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $36,564
- Expenses
- $43,990
- Assets
- $55,537
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- COLLEEN MOORE (CHAIR)
- DAWN CONNELLY (VICE CHAIR)
- ABBIE GOODMAN (CLERK)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the corporation is to promote and carry out charitable and educational purposes through the sponsorship and funding of scholarships for engineering and land surveying students, sponsorship and funding of lectures, seminars, conferences, journals, and other publications for the purposes of continuing professional education of engineers and related professionals, as well as sponsorship, funding and/or conducting research in the areas of engineering and related professions for the benefit of the general public.
What it reported doing in 2024
Provided a scholarship of $5,000 to five deserving college students currently enrolled in a bachelor's degree or master's degree engineering or land surveying program.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 89% of its reported program spending out as grants.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 100
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.8%; rating input score 77
- Program expense ratio: 63.9%; rating input score 64
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -20.3%; rating input score 23; 23rd percentile among comparable filings
- Total-asset coverage ratio: 1.26; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 12.8% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: 7.4% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 1% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 76.8% of revenue deployed · 63.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $28K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- 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 — Sustainability: Operating margin scored 23/100.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.