American E-Liquid Manufacturing Standards Association
Nonprofit profile at a glance
- EIN
- 461290960
- IRS 990 coverage
- 2014–2017
- Forms available
- Form 990 2017, Form 990-N 2013
- Location
- Englewood, OH, USA
- Phone
- 8644251253
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $160,053
- Expenses
- $178,183
- Assets
- $30,910
- Liabilities
- $31,444
Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Brian Gage Jan-Oct (Vice President)
- Scott Eley (President)
- Schell Hammel Oct-Dec (Vice President)
People named in this filing
- Jeff Hammel (Treasurer)
- Linc Williams (Chairman of Compliance)
- Brian Gage Jan-Oct (Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
AEMSA is dedicated to creating responsible and sustainable standards for the safe manufacturing of e-liquids used in e-vapor products aka electronic cigarettes. AEMSA aims to accomplish the promotion of safety and responsibility through self-regulation and by creating, implementing, and upholding standards for the manufacture of e-liquids.
What it reported doing in 2017
Inspections/Compliance - Continued compliance/inspection activity
Operating model
- Revenue model
- Membership-supported. 99% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 12
- Transparency & Controls: 90
- Accountability: 88
- Sustainability: 21
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 14.5%; rating input score 14
- Program expense ratio: 13%; rating input score 13
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -11.3%; rating input score 19; 19th percentile among comparable filings
- Total-asset coverage ratio: 0.17; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 1.02; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 72; 72nd percentile among comparable filings
Growth
- Program expense growth: -33.6% per year; rating input score 0; 4th percentile among comparable filings
- Revenue growth: -13% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: -29.4% per year; rating input score 0; 3rd percentile among comparable filings
Details
- Where the money goes: 14.5% of revenue deployed · 13% of spending went to programs
- Governance: 10 of 10 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $23K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 17 of 17 current checks pass
- Schedules: 1 filed schedules
- Filing history: 4 filing years from 2014 to 2017
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 14/100.
- High — Financial Efficiency: Program expense ratio scored 13/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 19/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.