American Society of Heating Refrigeration and Air Conditioning Engineers Au

Nonprofit profile at a glance

EIN
742487784
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024, Form 990-N 2014
Location
Austin, TX, USA
Phone
5127450555
Rating
86
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$81,353
Expenses
$101,887
Assets
$52,354

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • MIGUEL MINICK (PRESIDENT)
  • RICARDO SOTO (PRESIDENT ELECT/RESEARCH PROMOTIONS)
  • ROBERT PETTITT (VICE PRESIDENT/PROGRAMS CTTC)

People named in this filing

  • MIGUEL MINICK (PRESIDENT)
  • RICARDO SOTO (PRESIDENT ELECT/RESEARCH PROMOTIONS)
  • ROBERT PETTITT (VICE PRESIDENT/PROGRAMS CTTC)

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

Promote HVAC Research & Knowledge

What it reported doing in 2024

Contribution to ASHRAE Research

Operating model

Revenue model
Other-operating. 64% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 99% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 82
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 83%; rating input score 83

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -25.2%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 0.51; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 2.7% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: 5.4% per year; rating input score 100; 72nd percentile among comparable filings
  • Asset growth: 20.6% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 83% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $85K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 13 filing years from 2012 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.

  • High — Sustainability: Operating margin scored 20/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.