AMERICAN SOCIETY OF CIVIL ENGINEERS North Carolina Section

EIN: 237381227 501(c)(3)

Reston, VA

Total Revenue
$111,143
Total Expenses
$120,926
Total Assets
$646,218
Net Assets
$646,218
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1923
Legal Domicile
NC
Principal Officer
Lisa Green
Phone
7032956109
Tax Period
2023-10-01 to 2024-09-30

AMERICAN SOCIETY OF CIVIL ENGINEERS North Carolina Section, founded in 1923, is a small nonprofit that reported $111K in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. Net assets of $646K represent 70 months of operating reserves.

Mission

To advance the knowledge and practice of engineering in the public interest. To provide member societies with reliable information that affects the engineering profession. To provide a forum for engineering societies to exchange views on common interest. Conduct engineering programs and activities that member organizations individually could not accomplish that enhance and serve the public interest.

Program Service Accomplishments

Program 1
Expenses: $29,514 Revenue: $15,849

Student Section Support: The North Carolina Section and Branches provide financial and educational support to Universities in North Carolina with ASCE student sections to promote the profession and...

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Student Section Support: The North Carolina Section and Branches provide financial and educational support to Universities in North Carolina with ASCE student sections to promote the profession and guide future engineers in their careers.

Program 2
Expenses: $90,771 Revenue: $56,966

Continuing Education: The North Carolina Section hosts local luncheons and dinners, along with a spring technical seminar and annual conference to provide professional engineers with opportunities...

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Continuing Education: The North Carolina Section hosts local luncheons and dinners, along with a spring technical seminar and annual conference to provide professional engineers with opportunities for professional development.

Program 3
Expenses: $641 Revenue: $0

Monthly Meetings/Newsletter : The North Carolina Section conducts monthly local technical meetings to inform civil engineers of issues pertinent to the civil engineering profession.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $37,034
Program Service Revenue $56,966
Investment Income $17,143
Other Revenue $0
TOTAL REVENUE $111,143

Expense Breakdown

Grants Paid $12,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $120,926
Other Expenses $108,426
TOTAL EXPENSES $120,926

Year-over-Year Comparison

2023 2022 Change
Revenue $111,143 $72,315 +0.5%
Expenses $120,926 $48,204 +1.5%
Net Income $-9,783 $24,111 -1.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
5

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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jay Balakrishnan President 2
Officer Director
$0 $0 $0
Pat Gilmartin President-Elect 2
Officer Director
$0 $0 $0
Nic Lanier Vice President 2
Officer Director
$0 $0 $0
Chas Webb Treasurer 2
Officer Director
$0 $0 $0
Nathan Wright Secretary 2
Officer 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 $111,143 $120,926 $646,218 $-9,783
2023 $72,315 $48,204 $581,918 $24,111
2022 $71,748 $52,378 $541,705 $19,370
2021 $50,960 $17,618 $621,897 $33,342
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