Bacnet International Inc
Nonprofit profile at a glance
- EIN
- 043500963
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Marietta, GA, USA
- Phone
- 6785606499
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $2,385,375
- Expenses
- $2,400,323
- Assets
- $2,528,558
- Liabilities
- $454,700
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- ANDY MCMILLAN (PRESIDENT & MANAGING DIREC)
Highest reported compensation
- ANDY MCMILLAN (PRESIDENT & MANAGING DIREC): $140,880 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The corporation is a non-profit corporation and continuation of a prior association of same name, both of which were organized to encourage the successful use of the data communication protocol,"bacnet", in building automation and control systems through interoperability testing, educational programs and promotional activities. The corporation is to complement the work of other bacnet-related groups whose charters limit their commercial activities.
What it reported doing in 2024
Testing facility controllers to comply with bacnet protocol and standards. Education of bacnet standards through trade shows, conferences, and publications.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 50
- Accountability: 73
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.2%; rating input score 82
- Program expense ratio: 81.6%; rating input score 82
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: 90%; rating input score 90; 21st percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -0.6%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 1.05; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.18; rating input score 46; 46th percentile among comparable filings
- Officer compensation ratio: 5.9%; rating input score 48; 48th percentile among comparable filings
Growth
- Program expense growth: 5.7% per year; rating input score 100; 44th percentile among comparable filings
- Revenue growth: 6% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: 5.2% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: 82.2% of revenue deployed · 81.6% of spending went to programs
- Governance: 9 of 10 board members independent · 4 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2M in reported program spending
- Leadership: top reported pay $141K · 10 people listed
- Highest-paid contractors: 5 contractors listed · $1.6M reported
- Consistency: 24 of 24 current checks pass
- Schedules: 4 filed schedules · includes foreign activity
- Filing history: 14 filing years from 2011 to 2024
- 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.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Review — Accountability: Governance controls: 4 of 8 not reported.
- Moderate — Sustainability: Operating margin scored 31/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 46/100.
- Moderate — Sustainability: Officer compensation ratio scored 48/100.