NATIONAL ACADEMY OF FORENSIC ENGIN… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

Bruce Wiers - Treasurer

Phone

6165755190

Tax Period

2024-01-01 to 2024-12-31

NATIONAL ACADEMY OF FORENSIC ENGINEERS, founded in 1982, is a small nonprofit that reported $271K in total revenue in fiscal year 2024. The organization ran a surplus of $62K, a strong 23% operating margin.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO ADVANCE THE ART AND SKILL OF PROFESSIONAL ENGINEERS THROUGH CONTINUING EDUCATION PROMOTING HIGH STANDARDS OF PROFESSIONAL ETHICS AND EXCELLENCE OF PRACTICE

Program Service Accomplishments

Program 1

Expenses: $77,576 Revenue: $169,013

ONGOING PROGRAMS TO ASSIST IN THE ADVANCEMENT OF THE ART AND SKILL OF PROFESSIONAL ENGINEERS THROUGH CONTINUING EDUCATION PROMOTING HIGH STANDARDS OF PROFESSIONAL ETHICS AND EXCELLENCE OF PRACTICE

Program 2

Expenses: $27,905 Revenue: $815

PUBLICATION OF NEWSLETTERS AND JOURNALS DISTRIBUTED TO MEMBERS AND OTHER INTERESTED PARTIES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $101,469

Program Service Revenue $169,828

Investment Income $10

Other Revenue $0

TOTAL REVENUE $271,307

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $105,481

Other Expenses $209,351

TOTAL EXPENSES $209,351

Year-over-Year Comparison

	2024	2023	Change
Revenue	$271,307	$282,762	0.0%
Expenses	$209,351	$301,321	-0.3%
Net Income	$61,956	$-18,559	-4.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE PIETROPAOLO PE	PRESIDENT	10	Officer Director	$0	$0	$0
MICHAEL AITKEN PE	PRESIDENT ELECT	10	Officer Director	$0	$0	$0
TONJA KOOB MARKING PE	SENIOR VICE PRESIDENT	5	Officer Director	$0	$0	$0
DANIEL COUTURE PE	VICE PRESIDENT	3	Officer Director	$0	$0	$0
BRUCE WIERS PE	TREASURER	3	Officer Director	$0	$0	$0
JAMES DREBELBIS PE	SECRETARY	1	Officer Director	$0	$0	$0
BEN RAILSBACK	DIRECTOR AT LARGE	1	Director	$0	$0	$0
ROBERT PERUZZI PE	DIRECTOR AT LARGE	1	Director	$0	$0	$0
JOSEPH LEANE	PAST PRESIDENT	1	Director	$0	$0	$0
SAMUEL SUDLER PE	PAST PRESIDENT	1	Director	$0	$0	$0
LIBERTY JANSON PE	PAST PRESIDENT	1	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$271,307	$209,351	$205,952	$61,956
2023	$282,762	$301,321	$143,996	$-18,559
2022	$202,023	$229,178	$163,305	$-27,155
2022	$203,025	$230,930	$162,555	$-27,905
2018	$243,819	$228,609	$206,545	$15,210

NATIONAL ACADEMY OF FORENSIC ENGINEERS