American Society of Heating Minnesota 052 Minnesota
Nonprofit profile at a glance
- EIN
- 237128911
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Waconia, MN, USA
- Phone
- 9522619313
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Adult, Continuing Education
Reported finances
- Revenue
- $128,853
- Expenses
- $107,684
- Assets
- $244,874
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- ROXANNE CORTINAS (PAST PRESIDENT)
- JANE OPOIEN (PRESIDENT)
- ROLF BLOM (PRESIDENT ELECT)
People named in this filing
- MARK JIRAK (BOARD OF GOVERNERS)
- ROXANNE CORTINAS (PAST PRESIDENT)
- JANE OPOIEN (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To advance the arts and sciences of heating, ventilation, air conditioning, refrigeration and related human factors to serve the evolving needs of the public and ashrae members in the states of Minnesota and North Dakota.
What it reported doing in 2024
Awards - provide awards to college students in mechanical engineering or hvac careers.
Operating model
- Revenue model
- Earned-program. 60% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 73% for direct work, and 27% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 82
- Sustainability: 74
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 58.7%; rating input score 59
- Program expense ratio: 70.3%; rating input score 70
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 16.4%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 2.27; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -2.3% per year; rating input score 0; 24th percentile among comparable filings
- Revenue growth: 0.9% per year; rating input score 100; 25th percentile among comparable filings
- Asset growth: 3.9% per year; rating input score 100; 41st percentile among comparable filings
Details
- Where the money goes: 58.7% of revenue deployed · 70.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $76K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 15 filing years from 2010 to 2024
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 59/100.
- High — Growth: Program expense growth scored 0/100.