Electrical Apparatus Service Association Inc
Nonprofit profile at a glance
- EIN
- 430647984
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- St Louis, MO, USA
- Phone
- 3149932220
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $5,821,070
- Expenses
- $5,155,839
- Assets
- $11,690,019
- Liabilities
- $2,451,620
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- LINDA RAYNES (PRESIDENT/CEO)
Highest reported compensation
- LINDA RAYNES (PRESIDENT/CEO): $275,214 total reported compensation
- CHARLES YUNG (SENIOR TECHNICAL SUPPORT SPECIALIST): $197,956 total reported compensation
- THOMAS BISHOP (SENIOR TECHNICAL SUPPORT SPECIALIST): $197,231 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Elevate the performance and accelerate the success of the electro-mechanical industry through world-class technical support, education, and industry representation for our members.
What it reported doing in 2024
Education conducted in-person and virtually regarding sales, management and technical skills; 1,475 attendees to seminars and webinars. 370 subscriptions to easa's online learning center.
Operating model
- Revenue model
- Earned-program. 87% 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 - The filed numbers largely add up and most voting board members are independent. Some filing-based governance responses are negative or unanswered and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 59
- Transparency & Controls: 82
- Accountability: 91
- Sustainability: 56
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.1%; rating input score 61
- Program expense ratio: 75.1%; rating input score 75
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 11.4%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 2.27; rating input score 66; 66th percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 43; 43rd percentile among comparable filings
- Officer compensation ratio: 22.6%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: 55.7% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 3.3% per year; rating input score 100; 29th percentile among comparable filings
- Asset growth: 4.9% per year; rating input score 100; 34th percentile among comparable filings
Details
- Where the money goes: 61.1% of revenue deployed · 75.1% of spending went to programs
- Governance: 14 of 14 board members independent · 7 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $3.9M in reported program spending
- Leadership: top reported pay $275K · 20 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $298K reported
- Consistency: 33 of 33 current checks pass
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 6 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.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Officer compensation ratio scored 10/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 43/100.