SOCIETY OF PLASTICS ENGINEERS INC … - 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

1942

Legal Domicile

Principal Officer

Jitesh Desai

Phone

2482448993

Tax Period

2025-01-01 to 2025-12-31

SOCIETY OF PLASTICS ENGINEERS INC AUTOMOTIVE DIVISION, founded in 1942, is a small nonprofit that reported $711K in total revenue in fiscal year 2025. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $787K exceeded revenue, resulting in a 11% operating deficit.

Mission

The Automotive Division of SPE is dedicated to recognizing and communicating technical accomplishments in all phases of new plastic and plastic-based-composite developments in the transportation industry. Our mission is to advance automotive plastics technology worldwide and to educate industry, academia and the public about these advances through technical conferences, publications, and providing scholarships to deserving students or organizations.

Program Service Accomplishments

Program 1

Expenses: $279,657 Revenue: $252,222

SPE's Automotive Innovation Awards Program (IAG) is the oldest and largest competition of its kind in the world. While there are no monetary prizes, all participants are winners by virtue of being...

SPE's Automotive Innovation Awards Program (IAG) is the oldest and largest competition of its kind in the world. While there are no monetary prizes, all participants are winners by virtue of being able to showcase their company's technology to a global audience. Dozens of teams made up of OEMs, tier suppliers and polymer producers submit nominations describing their part, system, or complete vehicle, and why it merits the claim "The Year's Most Innovative Use of Plastic".

Program 2

Expenses: $228,785 Revenue: $222,122

Automotive Composites Conference and Exhibition (ACCE): This event is designed to educate and update automotive design and production engineers, sales personnel, and managers from transportation OEMs and tier suppliers about the benefits and expanding importance of thermoset and thermoplastic composites in passenger vehicles, light trucks, and other ground transportation applications.

Program 3

Expenses: $187,136 Revenue: $187,428

Plastics in Electric & Autonomous Vehicles Conference Objective: Present to industry decision makers in automotive plastics. Be part of the SPE Automotive Plastics in Electric & Autonomous Vehicles Conference and learn how electric and autonomous vehicle development is driving innovative automotive solutions. This event features technical presentations, keynote speakers and panel discussion, networking breakfasts, breaks, lunches and receptions, and exhibits that highlight advances in this fast growing segment of the industry.

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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 (2025)

Revenue Breakdown

Contributions & Grants $16,875

Program Service Revenue $664,772

Investment Income $4,553

Other Revenue $24,750

TOTAL REVENUE $710,950

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $17,843

Program Expenses $731,653

Other Expenses $786,682

TOTAL EXPENSES $786,682

Year-over-Year Comparison

	2025	2024	Change
Revenue	$710,950	$624,780	+0.1%
Expenses	$786,682	$749,032	+0.1%
Net Income	$-75,732	$-124,252	-0.4%

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
Drew Geda	Director 2025	1	Director	$0	$0	$0
Mark Lapain	Director 2025	1	Director	$0	$0	$0
Jeremy Lee	Director 2025	1	Director	$0	$0	$0
Jeff Mayville	Director 2025	1	Director	$0	$0	$0
Dhanendra Nagwanshi	Director 2025	2	Director	$0	$0	$0
Keith Siopes	Director 2025	1	Director	$0	$0	$0
Dave Helmer	Director 2025	1	Director	$0	$0	$0
Suzanne Cole	Director 2025	1	Director	$0	$0	$0
Dr Arash Kiani	Director 2025	1	Director	$0	$0	$0
Dean Stevenson	Director 2025	1	Director	$0	$0	$0
Richard Umemoto	Director 2025	2	Director	$0	$0	$0
Dr Umesh Gandhi	Director 2026	1	Director	$0	$0	$0
Chuck Jarrett	Director 2026	2	Director	$0	$0	$0
Dr Rodrigo Orozco	Director 2026	1	Director	$0	$0	$0
Rob Philp	Director 2026	1.00	Director	$0	$0	$0
Brian Grosser	Director 2026	1	Director	$0	$0	$0
Dr Alper Kiziltas	Director 2026	1	Director	$0	$0	$0
Neil Fuenmayor	Director 2027	2.00	Director	$0	$0	$0
Dr Leonardo Simon	Director 2027	4.00	Director	$0	$0	$0
Albert Chen	Director 2027	1	Director	$0	$0	$0
Dr Soydan Ozcan	Director 2027	1	Director	$0	$0	$0
Steven Van Loozen	Director 2027	1	Director	$0	$0	$0
Samantha Cronin	Director 2027	1	Director	$0	$0	$0
Karen Guzman	Director 2027	1	Director	$0	$0	$0
Sze-Sze Ng	Director 2027	1	Director	$0	$0	$0
Dr David Jack	ACCE Co-Chair	3	Director	$0	$0	$0
Mike Siwajek	ACCE Co-Chair	3	Director	$0	$0	$0
Samar Teli	Membership Chair	2	Director	$0	$0	$0
Dr Suresh Shah	Director Emeritus	3	Officer Director	$0	$0	$0
Tom Pickett	Secretary	3.00	Officer Director	$0	$0	$0
Dr Allan Murray	Director Emeritus	1	Officer	$0	$0	$0
David Reed	Director Emeritus	1	Officer	$0	$0	$0
Fred Deans	Director Emeritus	2.00	Officer	$0	$0	$0
Dr Norm Kakarala	Director Emeritus	3.00	Officer	$0	$0	$0
Jitesh Desai	Treasurer	10	Officer	$0	$0	$0
Dr Jeffrey Helms	Councilor	3	Officer	$0	$0	$0
Dr Sassan Tarahomi	Past Chair	3	Officer	$0	$0	$0
Ramesh Iyer	Chairperson	3	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	$710,950	$786,682	$156,599	$-75,732
2024	$624,780	$749,032	$250,329	$-124,252
2023	$823,807	$779,015	$374,581	$44,792
2022	$728,572	$775,501	$329,789	$-46,929
2021	$316,766	$326,752	$376,718	$-9,986
2021	$139,927	$210,736	$386,704	$-70,809
2020	$598,262	$669,422	$457,513	$-71,160
2019	$893,396	$889,280	$528,673	$4,116
2018	$758,489	$755,478	$524,557	$3,011

SOCIETY OF PLASTICS ENGINEERS INC AUTOMOTIVE DIVISION