AMERICAN SOCIETY FOR PRECISION ENGINEERING INC

EIN: 561483790 501(c)(3)

CHARLOTTE, NC

Total Revenue
$604,861
Total Expenses
$556,358
Total Assets
$189,787
Net Assets
$189,612
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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
1986
Legal Domicile
NC
Principal Officer
ALEX SOHN
Phone
9195569500
Tax Period
2025-01-01 to 2025-12-31

AMERICAN SOCIETY FOR PRECISION ENGINEERING INC, founded in 1986, is a small nonprofit that reported $605K in total revenue in fiscal year 2025. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $556K left a modest 8% surplus.

Mission

TO PROVIDE A FORUM FOR THE ADVANCEMENT OF PRECISION ENGINEERING

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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 (2025)

Revenue Breakdown

Contributions & Grants $74,498
Program Service Revenue $530,245
Investment Income $0
Other Revenue $118
TOTAL REVENUE $604,861

Expense Breakdown

Grants Paid $0
Salaries & Benefits $21,530
Fundraising Expenses $0
Program Expenses $477,238
Other Expenses $534,828
TOTAL EXPENSES $556,358

Year-over-Year Comparison

2025 2024 Change
Revenue $604,861 $489,571 +0.2%
Expenses $556,358 $613,933 -0.1%
Net Income $48,503 $-124,362 -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

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

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Governance

Voting Members
9
Independent Members
9
Employees
1
Volunteers
50

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
0
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER D ARNESON DIRECTOR AT N/A
Director
$0 $0 $0
STEVEN R GILLMER DIRECTOR AT N/A
Director
$0 $0 $0
JOSEPH OWEN DIRECTOR AT N/A
Director
$0 $0 $0
KENT B QUEENSLAND VICE PRESIDE N/A
Director
$0 $0 $0
JEFFREY W ROBLEE IMMEDIATE PA N/A
Director
$0 $0 $0
STUART T SMITH PAST PRESIDE N/A
Director
$0 $0 $0
ALEX SOHN PRESIDENT N/A
Director
$0 $0 $0
JOHANNES P VERMEULEN DIRECTOR AT N/A
Director
$0 $0 $0
LEI ZHOU DIRECTOR AT N/A
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
2025 $604,861 $556,358 $189,787 $48,503
2024 $489,571 $613,933 $141,109 $-124,362
2023 $554,193 $566,548 $271,613 $-12,355
2022 $541,822 $535,348 $282,831 $6,474
2021 $369,534 $362,130 $274,546 $7,404
2020 $298,574 $338,351 $264,645 $-39,777
2019 $459,678 $552,260 $303,725 $-92,582
2018 $523,453 $547,198 $396,307 $-23,745
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