Electronic Generating Systems Association Inc

Nonprofit profile at a glance

EIN
592270591
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Washington, DC, USA
Phone
5617505575
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$2,125,155
Expenses
$2,066,839
Assets
$1,377,300
Liabilities
$408,823

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

Leadership & pay

13 people listed

Executive titles in this filing

  • MIR MUSTAFA (CEO)

Highest reported compensation

  • MIR MUSTAFA (CEO): $290,100 total reported compensation
  • MARC CHARON (COO/CFO): $192,780 total reported compensation

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

Overview

Mission

Under the leadership of its board of directors and operating through its various committees and staff, egsa strives to educate, provide networking opportunties, share relevant knowledge and trends to industry professionals including manufacturers, distributors, engineers, regulatory agencies, manufacturers reps, contractors/integrators and others serving the on-site power industry.

What it reported doing in 2024

Education & schools - egsa offers a suite of in-person, online, and experiential educational and professional development opportunities, as described: - george rowley basic school of on-site power generation- the basic school is designed for sales, marketing, management, applications engineers, engine technicians and administrative personnel that need an understanding of the theory and application of the mechanical and electrical components within a generator system, starting with basic electricity.- george rowley advanced school of on-site power generation - the advanced school is designed for engineering, project management, service managers, and buisness owners who have a good understanding of the basic mechanical and electrical systems found in an on-site generator set. A minimum of 3 years experience in the industry is recommended.- load bank school and certification- this is a 3-day course which includes classroom and hands-on training sessions for technicians. The course concludes with students taking the egsa load bank certification test.- on-demand school- egsa's on-demand schools offer customizable a la carte education where we partner with your company to bring our rowley school instructors of on-site power directly to your workplace. We can give your team personalized live online sessions, or a combination of in-person and online. You can also choose classes taught from either the basic or advanced schools. Everything from basic electricity to advanced sizing to service is available.-learning management system (lms) online webinars and courses- our lms features a host of recorded webinars and industry courses that allow you to further your knowledge either at the office or at home.

Operating model

Revenue model
Earned-program. 81% 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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 60
  • Accountability: 86
  • Sustainability: 33
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.1%; rating input score 73
  • Program expense ratio: 76%; rating input score 76
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • 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: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • 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: 2.7%; rating input score 44; 44th percentile among comparable filings
  • Total-asset coverage ratio: 0.67; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0.3; rating input score 34; 34th percentile among comparable filings
  • Officer compensation ratio: 23.4%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: -9.5% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -7.2% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -11.1% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 73.1% of revenue deployed · 76% of spending went to programs
  • Governance: 11 of 11 board members independent · 6 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $1.6M in reported program spending
  • Leadership: top reported pay $290K · 13 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $193K reported
  • Consistency: 22 of 22 current checks pass
  • Schedules: 4 filed schedules · includes executive pay
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 44/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 34/100.