Ashrae
Legal name: American Society of Heating Refrigerating and A-c Engineers Inc
Nonprofit profile at a glance
- EIN
- 135675095
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024, Form 990-N 2023
- Location
- Peachtree Corners, Georgia, US
- Phone
- +1-404-636-8400
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $32,158,326
- Expenses
- $31,720,766
- Assets
- $67,503,732
- Liabilities
- $15,301,426
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
43 people listed
Executive titles in this filing
- MALCOM D KNIGHT PE (PRESIDENT)
- WILLIAM F MCQUADE LEED AP PE (PRESIDENT-ELECT)
- DEVIN A ABELLON PE (VICE PRESIDENT)
- WADE H CONLAN PE (VICE PRESIDENT)
- KENNETH M FULK PE (VICE PRESIDENT)
- PROF CHANDRA SEKHAR PHD (VICE PRESIDENT)
Highest reported compensation
- JEFF H LITTLETON (SECRETARY): $510,412 total reported compensation
- VANITA GUPTA (DIRECTOR OF MARKETING): $294,598 total reported compensation
- CRAIG WRIGHT (DIRECTOR OF FINANCE & ADMIN): $294,337 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
ASHRAE serves humanity by advancing the arts and sciences of heating, ventilation, air conditioning, refrigeration, and their allied arts and sciences, to promote a sustainable and healthy built environment.
What it reported doing in 2024
Research - including alternative refrigerants, indoor air quality, energy conservation, desinging tools, health & safety, refrigeration and food processing and preservation.
Operating model
- Revenue model
- Earned-program. 77% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 99% 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
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 64
- Accountability: 100
- Sustainability: 46
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 66.1%; rating input score 66
- Program expense ratio: 69.4%; rating input score 69
- Fundraising efficiency: $2.47 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 8th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: 0 of 8 controls in place; rating input score 0
- Claims monitoring procedures: Limited
- Requires narrative reports: Limited
- Conducts field audits: Limited
- May suspend future funding: Limited
- Requires financial reports: Limited
- Conducts site visits: Limited
- Requires grant agreements: Limited
- May require repayment: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.4%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 2.13; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 55; 55th percentile among comparable filings
- Officer compensation ratio: 9.3%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: 4.4% per year; rating input score 100; 37th percentile among comparable filings
- Revenue growth: 1.6% per year; rating input score 100; 15th percentile among comparable filings
- Asset growth: 6% per year; rating input score 100; 42nd percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 66.1% of revenue deployed · 69.4% of spending went to programs
- Governance: 32 of 32 board members independent · 9 of 9 filing controls reported
- Programs: 5 filed program accomplishments · $22M in reported program spending
- Leadership: top reported pay $510K · 43 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.6M reported
- Consistency: 34 of 35 current checks pass · 1 finding to review
- Schedules: 9 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 10 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 16 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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 — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 9/100.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Sustainability: Officer compensation ratio scored 23/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Sustainability: Liabilities to assets ratio scored 55/100.