American Society of Safety Profess… - 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

1966

Legal Domicile

Principal Officer

Jennifer McNelly

Phone

8476992929

Tax Period

2024-04-01 to 2025-03-31

American Society of Safety Professionals Foundation, founded in 1966, is a small nonprofit that reported $577K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $814K exceeded revenue, resulting in a 41% operating deficit.

Mission

The American Society of Safety Professionals Foundation is committed to a safer future for workers. We advance Environmental Health and Safety (EHS), we promote EHS as a career choice, and we help build a sustainable talent pipeline for the profession.

Program Service Accomplishments

Program 1

Expenses: $494,551 Revenue: $0

Education - The Foundation distributes scholarships to students enrolled in an Environmental Health and Safety (EHS) program. The purpose is to encourage interest in the EHS profession and help them...

Program 2

Expenses: $31,527 Revenue: $1,630

Professional Education Grants - Through the PE Grant program, we support safety professionals on their path of professional improvement. Grants include any type of EHS-related training such as...

Professional Education Grants - Through the PE Grant program, we support safety professionals on their path of professional improvement. Grants include any type of EHS-related training such as certification courses, seminars, conferences, etc.

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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 $277,899

Program Service Revenue $1,630

Investment Income $297,314

Other Revenue $0

TOTAL REVENUE $576,843

Expense Breakdown

Grants Paid $338,840

Salaries & Benefits $0

Fundraising Expenses $118,828

Program Expenses $526,078

Other Expenses $474,995

TOTAL EXPENSES $813,835

Year-over-Year Comparison

	2024	2023	Change
Revenue	$576,843	$801,900	-0.3%
Expenses	$813,835	$912,412	-0.1%
Net Income	$-236,992	$-110,512	+1.1%

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

$526,517

Total Directors

Key Employees

$177,303

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
James R Thornton CSP CIH	FASSP, Board Chair (until 6/30/2024)	1.00	Officer Director	$0	$0	$0
Thomas E Kramer PE CSP	Vice President, Finance	1.00	Officer Director	$0	$0	$0
Pamela Walaski CSP FASSP	Board Chair (as of 7/1/2024)	1.00	Officer Director	$0	$0	$0
Linda M Tapp CSP ALCM CPTD	Vice Chair (as of 7/1/2024)	1.00	Officer Director	$0	$0	$0
Philip Bell CAE	Trustee (as of 7/1/2024)	1.00	Director	$0	$0	$0
Scott DeBow CSP ARM	Trustee (as of 7/1/2024)	1.00	Director	$0	$0	$0
Steven B Gray CSP CHST	Trustee	1.00	Director	$0	$0	$0
Stephanie Johnson CSP CHMM	Trustee	1.00	Director	$0	$0	$0
Todd Loushine PhD PE CSP	CIH, Trustee (as of 7/1/2024)	1.00	Director	$0	$0	$0
Anil Mathur	Trustee (until 6/30/2024)	1.00	Director	$0	$0	$0
Tim Page-Bottorff CSP CIT	Trustee (until 6/30/2024)	1.00	Director	$0	$0	$0
J Monique Parker CSP	Trustee (as of 7/1/2024)	1.00	Director	$0	$0	$0
Daniel J Snyder EdD CSP	CHST, OHST, Trustee (until 6/30/24)	1.00	Director	$0	$0	$0
Jennifer McNelly	Secretary and CEO	1.00	Officer	$0	$47,955	$526,517
Mary Goranson	Executive Director of Foundation	18.75	Key Emp	$0	$12,206	$177,303
Sarah Martino	Sr. Mngr. of Fdn. Oper. and WF Dev.	37.50	Highest	$0	$24,481	$126,400

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	$576,843	$813,835	$7,485,880	$-236,992
2024	$801,900	$912,412	$7,422,957	$-110,512
2023	$833,332	$912,957	$6,855,328	$-79,625
2022	$1,232,661	$772,989	$7,167,868	$459,672
2021	$743,765	$706,969	$7,000,368	$36,796
2020	$582,224	$638,633	$5,415,709	$-56,409
2019	$982,470	$908,146	$6,119,672	$74,324

American Society of Safety Professionals Foundation