ASM MATERIALS EDUCATION FOUNDATION

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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

1952

Legal Domicile

Principal Officer

CARRIE WILSON

Phone

4403385151

Tax Period

2023-01-01 to 2023-12-31

ASM MATERIALS EDUCATION FOUNDATION, founded in 1952, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $1.6M left a modest 10% surplus.

Mission

CREATED IN 1952, THE ASM MATERIALS EDUCATION FOUNDATION MISSION IS TO DEVELOP AND DEPLOY MATERIALS SCIENCE CONTENT AND HANDS-ON, MINDS-ON INSTRUCTIONAL STRATEGIES TO INSPIRE, ENGAGE, AND EMPOWER FUTURE GENERATIONS TO CREATE STEM SOLUTIONS FOR 21ST CENTURY CHALLENGES. PROGRAMS AND SERVICES ARE PROVIDED FOR K-12 STUDENTS AND TEACHERS AS WELL AS UNDERGRADUATE STUDENTS.

Program Service Accomplishments

Program 1

Expenses: $1,071,154 Revenue: $8,179

PROGRAMS INCLUDE UNDERGRADUATE SCHOLARSHIPS, UNDERGRADUATE DESIGN COMPETITION, AND OTHER UNDERGRADUATE PROGRAMS, IN ADDITION TO K-12 PROGRAMS. THE ASM FOUNDATION'S SIGNATURE PROGRAM IS ASM MATERIALS CAMPS WHICH HAVE SERVED ALMOST 18,000 STUDENTS AND OVER 14,000 TEACHERS SINCE INCEPTION. THE PROGRAM INVOLVES 40+ HOURS OF HANDS-ON LAB INSTRUCTION OVER FIVE DAYS, BOTH IN RESIDENTIAL AND COMMUTER FORMATS. ALL TEACHERS PARTICIPATE AT NO COST TO THEM AND RECEIVE SUPPLIES TO TAKE BACK TO THEIR CLASSROOMS. THE GENERAL PUBLIC BENEFITS FROM AN INFORMED PUBLIC AND THE SCIENCE AND ENGINEERING FIELDS BENEFIT FROM AN INCREASED NUMBER OF YOUNG ADULTS CHOOSING THESE CAREER PATHS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,158,793

Program Service Revenue $0

Investment Income $621,671

Other Revenue $8,179

TOTAL REVENUE $1,788,643

Expense Breakdown

Grants Paid $234,122

Salaries & Benefits $480,684

Fundraising Expenses $288,278

Program Expenses $1,071,154

Other Expenses $888,660

TOTAL EXPENSES $1,603,466

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,788,643	$1,406,023	+0.3%
Expenses	$1,603,466	$1,302,779	+0.2%
Net Income	$185,177	$103,244	+0.8%

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

375

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

$170,173

Total Directors

$608,716

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MS CARRIE L WILSON	SECRETARY/EXECUTIVE DIR	40.00	Officer Director	$0	$41,547	$170,173
MR ANDREW G NYDAM	TRUSTEE	1.00	Director	$0	$0	$0
MR WILLIAM W SHROPSHIRE	TRUSTEE	1.00	Director	$0	$0	$0
DR WINSTON SOBOJEYO	TRUSTEE	1.00	Director	$0	$0	$0
DR KIP O FINDLEY	TRUSTEE	1.00	Director	$0	$0	$0
MR DON LEWON	TRUSTEE	1.00	Director	$0	$0	$0
PROF GREGORY B OLSON	TRUSTEE	1.00	Director	$0	$0	$0
DR JULIO G MALDONADO	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DR WILLIAM E FRAZIER	TRUSTEE	1.00	Director	$0	$0	$0
MR JOHN R KEOUGH	CHAIR	1.00	Officer Director	$0	$0	$0
PROF GLENN S DAEHN	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
MR JAMES RITCHEY	TREASURER	1.00	Officer Director	$0	$0	$0
MS CAROLYN L MERRITT	TRUSTEE	1.00	Director	$0	$0	$0
DR PEGGY E JONES	TRUSTEE	1.00	Director	$0	$0	$0
MS ELIZABETH M PEREPEZKO	TRUSTEE	1.00	Director	$0	$0	$0
MR MARC R FRY	TRUSTEE	1.00	Director	$0	$0	$0
MR DANIEL DENIS	TRUSTEE	1.00	Director	$0	$0	$0
MR PRADEEP GOYAL	TRUSTEE	1.00	Director	$0	$0	$0
DR KATHY L HAYRYNEN	TRUSTEE	1.00	Director	$0	$0	$0
MS SUSANNE LAUDA	TRUSTEE	1.00	Director	$0	$0	$0
MS SANDRA ROBERT	TRUSTEE	1.00	Director	$0	$38,706	$438,543

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	No data	No data	No data	No data
2023	$1,788,643	$1,603,466	$16,564,535	$185,177
2022	$1,406,023	$1,302,779	$15,156,531	$103,244
2022	$1,406,023	$1,302,779	$15,156,531	$103,244
2021	$2,552,889	$1,071,898	$16,756,144	$1,480,991
2020	$2,669,241	$1,108,945	$15,047,753	$1,560,296
2019	$3,397,241	$1,367,556	$14,724,233	$2,029,685
2018	$1,856,883	$1,799,423	$11,222,773	$57,460