Society of Fire Protection Engineers

Nonprofit profile at a glance

EIN
060982209
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-N 2022
Location
Knoxville, TN, USA
Phone
5056705003
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$25,334
Expenses
$26,310
Assets
$538,961
Liabilities
$0

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

Leadership & pay

7 people listed

Executive titles in this filing

  • Scott Frazer (Past President)
  • Andrew Tinsley (President)
  • David Devinney (Vice President)

People named in this filing

  • Scott Frazer (Past President)
  • Andrew Tinsley (President)
  • Michael Shehane (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Per the TVSFPE bylaws the objective of the chapter shall be the advancement of the science and education of fire protection engineering and its allied fields within the meaning of section 501 (c)3 of the internal revenue code.

What it reported doing in 2024

The revenue of $27,831.22 is the summation of $250.00 in scholarship donations received, $16,331.22 from 1099-INT from fidelity for the TVSFPE scholarship fund including $16,197.19 in total taxable income and $134.03 in capital gains distributions, $0.00 in interest from our ORNL FCU acct, and $2,440.00 in dues, $1,240.00 in polo shirt fundraiser revenue, $70.00 in polo shirt delivery fee revenue, and $7,500.00 in annual seminar revenue. The grants are the scholarships we granted $23,000 and $2,500 in student donations. The chapter expenses of $4,171.10 is the summation of $299.67 Wild Apricot website transaction fees, $6.48 Visa debit card transactions fees, $558.00 for the annual picnic, 799.45 for EFCOG shirt polo scholarship drive fees, $810.00 Wild Apricot website fee, and $1697.50 for the Bearden Banquet Hall annual seminar fees.

Operating model

Revenue model
Investment-supported. 64% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 100
  • Accountability: 64
  • Sustainability: 62
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 96.9%; rating input score 97
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -3.9%; rating input score 51; 51st percentile among comparable filings
  • Total-asset coverage ratio: 20.49; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 58.2% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: -125.8% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: 2.8% per year; rating input score 100; 56th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 96.9% of spending went to programs
  • Governance: 7 of 7 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $4K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 12 of 13 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules · includes grants
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • 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 — Accountability: Governance controls: 5 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Sustainability: Operating margin scored 51/100.