AMERICAN SOCIETY OF PLUMBING 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

1964

Legal Domicile

Principal Officer

ROBB RISANI

Phone

7184080253

Tax Period

2024-07-01 to 2025-06-30

AMERICAN SOCIETY OF PLUMBING ENGINEERS NEW YORK CITY CHAPTER, founded in 1964, is a small nonprofit that reported $194K in total revenue in fiscal year 2024. Revenue surged 116% from the prior year, signaling strong growth momentum. The organization ran a surplus of $61K, a strong 32% operating margin.

Mission

THE SOCIETY DISSEMINATES TECHNICAL DATA AND INFORMATION, SPONSORS ACTIVITIES THAT FACILITATE INTERACTION WITH FELLOW PROFESSIONALS AND, THROUGH RESEARCH AND EDUCATION, EXPANDS THE BASE OF KNOWLEDGE OF THE PLUMBING ENGINEERING INDUSTRY. ASPE MEMBERS ARE LEADERS IN INNOVATIVE PLUMBING DESIGN, EFFECTIVE MATERIALS AND ENERGY USE, AND THE APPLICATION OF ADVANCED TECHNOLOGIES THROUGHOUT THE WORLD.

Program Service Accomplishments

Program 1

Expenses: $115,106

ADVANCEMENT OF THE SCIENCE OF PLUMBING ENGINEERING IN ADDITION TO THE GROWTH AND ADVANCEMENT OF ITS MEMBERS' HEALTH, WELFARE, AND SAFETY OF THE PUBLIC.

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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 $13,774

Program Service Revenue $87,958

Investment Income $0

Other Revenue $92,027

TOTAL REVENUE $193,759

Expense Breakdown

Grants Paid $9,021

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $115,106

Other Expenses $123,469

TOTAL EXPENSES $132,490

Year-over-Year Comparison

	2024	2023	Change
Revenue	$193,759	$89,830	+1.2%
Expenses	$132,490	$102,192	+0.3%
Net Income	$61,269	$-12,362	-6.0%

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

N/A

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 RYBACK	VICE PRES. MEMBERSHIP	10.00	Director	$0	$0	$0
JOSEPH TAGLIAFERRO	VICE PRES. LEGISLATIVE	10.00	Director	$0	$0	$0
SEAN MOONEY	VICE PRES. TECHNICAL	10.00	Officer	$0	$0	$0
ESTEBAN ROLDAN	ADMIN. SECRETARY	10.00	Officer	$0	$0	$0
SALVATORE RACHIELE	TREASURER	10.00	Officer	$0	$0	$0
ROBB RISANI	PRESIDENT	10.00	Officer	$0	$0	$0
DANIEL BLATTO	CORRESPONDING SECRETARY	10.00	Officer	$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
2025	$193,759	$132,490	$169,901	$61,269
2024	$89,830	$102,192	$108,632	$-12,362
2023	$102,555	$104,912	$120,994	$-2,357
2022	$109,156	$121,291	$123,351	$-12,135
2021	$80,887	$51,178	$135,486	$29,709
2020	$70,073	$77,238	$105,777	$-7,165
2019	$123,626	$58,619	$112,941	$65,007

AMERICAN SOCIETY OF PLUMBING ENGINEERS NEW YORK CITY CHAPTER