Auctioneers Association of Md Inc

Nonprofit profile at a glance

EIN
521954309
IRS 990-EZ coverage
2012–2025
Forms available
Form 990-EZ 2025
Location
Frederick, MD, USA
Phone
3018989899
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$42,854
Expenses
$40,090
Assets
$48,063

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • JEREMIAH HERBST (PRESIDENT)
  • SETH SHIPLEY (PRESIDENT EL)

People named in this filing

  • JEREMIAH HERBST (PRESIDENT)
  • SETH SHIPLEY (PRESIDENT EL)
  • BRIAN WARFIELD (VICE PRESIDE)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To cultivate the spirit of cooperation, to improve our profession of auctioneers and protect the interest of the auctioneer, and to protect the public against unscrupulous practices.

What it reported doing in 2025

To provide standards of ethical conduct, regulate and supervise the conduct of its members, promote public welfare through the advancement of skill and establishment of high standards, promote fellowship among its members, build prestige and respect for its members and the profession, cooperate with the national assoc of auctioneers and government agencies, develop and conduct educational, public relations, and fund raising activites and to provide a united voice for those in the auctioneering profession.

Operating model

Revenue model
Earned-program. 74% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 82
  • Sustainability: 42
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.2%; rating input score 71
  • Program expense ratio: 77.5%; rating input score 78

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 6.4%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 1.2; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 15%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 0.9% per year; rating input score 100; 50th percentile among comparable filings
  • Revenue growth: 2.1% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: -0.3% per year; rating input score 0; 37th percentile among comparable filings

Details

  • Where the money goes: 71.2% of revenue deployed · 77.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $31K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 14 filing years from 2012 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Operating margin scored 55/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.