American Society of Perfumers Inc

Nonprofit profile at a glance

EIN
222392465
IRS 990 coverage
2014–2024
Forms available
Form 990 2024, Form 990-EZ 2021
Location
Kearney, NJ, USA
Phone
8556981947
Rating confidence
Limited

Official website

Reported finances

Revenue
$173,360
Expenses
$237,022
Assets
$179,724
Liabilities
$0

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

Leadership & pay

11 people listed

Executive titles in this filing

  • JAMES KRIVDA (PRESIDENT THRU 12/31/24)
  • CHRISTOPHER DIIENNO (VICE PRESIDENT)

Highest reported compensation

  • JAMES KRIVDA (PRESIDENT THRU 12/31/24): $2,500 total reported compensation
  • VINCENT KUCZINSKI (CHAIRPERSON): $1,500 total reported compensation
  • CHRISTOPHER DIIENNO (VICE PRESIDENT): $1,500 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To uphold the high standards of professional perfumery in the u.s. While representing our members internationally. By supporting our members through apprenticeships and networking events, we ensure the continuation of the traditions of classical perfumery.

What it reported doing in 2024

We host annual meetings and sponsor events to promote public engagement with the fragrance industry in the u.s. Our active role as presenter of the world perfumery congress, a bi-annual international networking and educational event, connects the asp's members and our ideas with the global fragrance community.the 2024 wpc event (held june 24 - june 27 in geneva, switzerland) hosted 1,400 participants.our current membership is approximately three hundred professional perfumers, all based in U.S.our membership represents a diverse array of professional perfumers. With varying backgrounds and interests, we share a commitment and commonality of skills that brings us together. Having spent years experimenting with thousands of raw materials including essential oils, aromatic chemicals, natural isolates, gums, and resins, our professional perfumer-members have developed a unique and highly specialized craft that combines art and science to deliver a fragrance that's ready to use in any application.

Operating model

Revenue model
Earned-program. 96% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 50
  • Accountability: 68
  • Sustainability: 27
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: Scored; rating input score 0
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 9 controls in place; rating input score 22
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -36.7%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 0.76; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 5.7%; rating input score 32; 32nd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -5.2% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: 4% per year; rating input score 100; 42nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 11 of 11 board members independent · 2 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $2K · 11 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules · includes foreign activity
  • Filing history: 6 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 21 filed money-flow records
  • 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 — Transparency & Controls: Grant itemization coverage scored 0/100.
  • High — Accountability: Governance controls: 6 of 8 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 8/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • Moderate — Sustainability: Officer compensation ratio scored 32/100.