NATIONAL ASSOCIATION OF POWER ENGINEERS EDUCATIONAL FOUNDATION

EIN: 521726075 501(c)(3)

ALEXANDRIA, VA

Total Revenue
$1,499,116
Total Expenses
$1,677,291
Total Assets
$9,438,181
Net Assets
$3,548,978
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
VA
Principal Officer
DAVID DARGENZIO
Phone
7038457055
Tax Period
2023-01-01 to 2023-12-31

NATIONAL ASSOCIATION OF POWER ENGINEERS EDUCATIONAL FOUNDATION, founded in 1990, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2018. Net assets of $3.5M represent 29 months of operating reserves.

Mission

TO HELP IN THE TRANSFER OF TRADITIONAL AND EMERGING KNOWLEDGE WITHIN THE PROFESSION TO TAKE ADVANTAGE OF NEW PLATFORMS AND CHANNELS; AND TO ADDRESS THE DEMAND FOR TRAINED AND CERTIFIED BUILDING ENGINEERING PROFESSIONALS.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $144,827
Program Service Revenue $1,301,809
Investment Income $15,898
Other Revenue $36,582
TOTAL REVENUE $1,499,116

Expense Breakdown

Grants Paid $0
Salaries & Benefits $851,268
Fundraising Expenses $0
Program Expenses $1,092,939
Other Expenses $826,023
TOTAL EXPENSES $1,677,291

Year-over-Year Comparison

2023 2022 Change
Revenue $1,499,116 $1,491,946 +0.0%
Expenses $1,677,291 $1,846,376 -0.1%
Net Income $-178,175 $-354,430 -0.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
10
Independent Members
9
Employees
43
Volunteers
9

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
$304,176
Total Directors
10
$7,311
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDY REDMAN PRESIDENT 7.00
Officer Director
$0 $0 $0
DAVID FERRARA VICE PRESIDENT 4.00
Officer Director
$0 $0 $0
MARY CATHERINE JOHNS TREASURER 1.00
Officer Director
$0 $0 $0
RICHARD RICE SECRETARY 1.00
Officer Director
$0 $0 $0
DALE TREADWAY 1ST TRUSTEE 7.00
Director
$0 $0 $0
MIKE ELIAS 2ND TRUSTEE 1.00
Director
$0 $0 $0
JEFF BEARD 3RD TRUSTEE 1.00
Director
$0 $0 $0
DAVID DARGENZIO CEO 40.00
Officer
$296,559 $7,617 $304,176
JASON TROTMAN DIRECTOR 1.00
Director
$7,311 $0 $7,311
BEN SANDERS DIRECTOR 1.00
Director
$0 $0 $0
JAMES MILES DIRECTOR 1.00
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 No data No data No data No data
2023 $1,499,116 $1,677,291 $9,438,181 $-178,175
2022 $1,491,946 $1,846,376 $9,547,737 $-354,430
2021 $1,575,581 $1,693,515 $9,496,241 $-117,934
2020 $1,015,465 $1,417,496 $9,683,187 $-402,031
2019 $2,761,590 $1,668,055 $9,821,508 $1,093,535
2018 $1,435,863 $1,441,610 $3,590,298 $-5,747
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