AMERICAN COUNCIL OF ENGINEERING CO… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1949

Legal Domicile

Principal Officer

JONATHAN I CURRY

Phone

9525935533

Tax Period

2022-07-01 to 2023-06-30

AMERICAN COUNCIL OF ENGINEERING COMPANIES OF MINNESOTA, founded in 1949, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2022. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

ADVOCATE FOR THE ORGANIZATION'S GOALS WITH GOVERNMENT AND CLIENT GROUPS, EDUCATE STAKEHOLDERS ON THE VALUE OUR SERVICES MEMBERS PROVIDE, PROVIDE OPPORTUNITIES TO ENHANCE BUSINESS SKILLS AND ENCOURAGE INDIVIDUALS TO PURSUE CAREERS IN CONSULTING ENGINEERING.

Program Service Accomplishments

Program 1

SEMINAR AND EDUCATIONAL PROGRAMS GEARED TOWARD IMPROVING MEMBER'S SKILLS AND PRACTICES. IN ADDITION, THE ORGANIZATION HOSTED THE MINNESOTA TRANSPORTATION CONFERENCE AND EXPO ATTENDED BY MORE THAN...

SEMINAR AND EDUCATIONAL PROGRAMS GEARED TOWARD IMPROVING MEMBER'S SKILLS AND PRACTICES. IN ADDITION, THE ORGANIZATION HOSTED THE MINNESOTA TRANSPORTATION CONFERENCE AND EXPO ATTENDED BY MORE THAN 1,300 ATTENDEES. THE ORGANIZATION ALSO HOSTED VIRTUAL MEETINGS WITH THE MINNESOTA DEPARTMENT OF TRANSPORTATION ATTENDED BY APPROXIMATELY 300 PARTICIPANTS.

Program 2

LEGISLATIVE AND LOBBYING EFFORT PROVIDES MEMBERS WITH TIMELY INFORMATION ON LEGISLATIVE ACTIVITIES AND ITS EFFECT ON THEIR BUSINESSES. LEGISLATION IS TRACKED BY STAFF AND LOBBYING SERVICE. MEMBERS...

LEGISLATIVE AND LOBBYING EFFORT PROVIDES MEMBERS WITH TIMELY INFORMATION ON LEGISLATIVE ACTIVITIES AND ITS EFFECT ON THEIR BUSINESSES. LEGISLATION IS TRACKED BY STAFF AND LOBBYING SERVICE. MEMBERS ARE INFORMED OF LEGISLATIVE AND AGENCY PLANS. ALL MEMBERS BENEFIT FROM THIS ACTIVITY.

Program 3

ENGINEERING EXCELLENCE AWARDS PROGRAM RECOGNIZES THE ACHIEVEMENTS OF CONSULTING ENGINEERS. PROJECTS ARE ENTERED IN A COMPETITION AND AWARDS ARE PRESENTED AT A BANQUET. PROJECTS ARE PUBLICIZED IN...

ENGINEERING EXCELLENCE AWARDS PROGRAM RECOGNIZES THE ACHIEVEMENTS OF CONSULTING ENGINEERS. PROJECTS ARE ENTERED IN A COMPETITION AND AWARDS ARE PRESENTED AT A BANQUET. PROJECTS ARE PUBLICIZED IN LOCAL AND REGIONAL MEDIA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $560,427

Program Service Revenue $796,878

Investment Income $10,032

Other Revenue $15,077

TOTAL REVENUE $1,382,414

Expense Breakdown

Grants Paid $30,000

Salaries & Benefits $253,601

Fundraising Expenses $0

Other Expenses $1,233,555

TOTAL EXPENSES $1,517,156

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,382,414	$1,189,389	+0.2%
Expenses	$1,517,156	$1,233,951	+0.2%
Net Income	$-134,742	$-44,562	+2.0%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✓ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

550

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

$132,750

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHERINE TOGHRAMADJIAN	PRESIDENT	10.00	Officer Director	$0	$0	$0
BRETT MORSE	PRESIDENT-ELECT	5.00	Officer Director	$0	$0	$0
BILL FORSMARK	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
BOB MOORE	TREASURER	5.00	Officer Director	$0	$0	$0
JASON MEYER	SECRETARY	5.00	Officer Director	$0	$0	$0
JEFF GEBHARD	PAST-PRESIDENT	5.00	Officer Director	$0	$0	$0
TIM ARVIDSON	DIRECTOR	5.00	Director	$0	$0	$0
COREY BERGMAN	DIRECTOR	5.00	Director	$0	$0	$0
MARK BISHOP	DIRECTOR	5.00	Director	$0	$0	$0
STEVEN CARLETON	DIRECTOR	5.00	Director	$0	$0	$0
KEITH FARQUHAR	DIRECTOR	5.00	Director	$0	$0	$0
KYLE JOHNSON	DIRECTOR	5.00	Director	$0	$0	$0
DAVID OTT	DIRECTOR	5.00	Director	$0	$0	$0
MATT ZUEHLS	DIRECTOR	5.00	Director	$0	$0	$0
MARIO RATNARAJ	YOUNG ENGINEER	5.00	Director	$0	$0	$0
JONATHAN CURRY	EXECUTIVE DIRECTOR	40.00	Officer	$132,750	$0	$132,750

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,382,414	$1,517,156	$683,049	$-134,742
2022	$1,189,389	$1,233,951	$817,791	$-44,562
2021	$918,853	$720,667	$862,353	$198,186
2020	$884,217	$731,692	$664,167	$152,525

AMERICAN COUNCIL OF ENGINEERING COMPANIES OF MINNESOTA