CHEMICAL ENGINEERING DIVISION OF ASEE

EIN: 596200153 501(c)(3) Science & Technology

AKRON, OH

Total Revenue
$81,883
Total Expenses
$97,043
Total Assets
$107,208
Net Assets
$82,993
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
OH
Principal Officer
Donald P Visco Jr
Phone
3526822622
Tax Period
2024-01-01 to 2024-12-31

CHEMICAL ENGINEERING DIVISION OF ASEE, founded in 1994, is a micro nonprofit in the Science & Technology sector that reported $82K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $97K exceeded revenue, resulting in a 19% operating deficit.

Mission

EDUCATIONAL INFORMATION

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $81,883
Investment Income $0
Other Revenue $0
TOTAL REVENUE $81,883

Expense Breakdown

Grants Paid $0
Salaries & Benefits $69,000
Fundraising Expenses $0
Program Expenses $97,043
Other Expenses $28,043
TOTAL EXPENSES $97,043

Year-over-Year Comparison

2024 2023 Change
Revenue $81,883 $91,100 -0.1%
Expenses $97,043 $73,779 +0.3%
Net Income $-15,160 $17,321 -1.9%
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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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
12
$19,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONALD P VISCO JR EDITOR 6.00
Director
$6,000 $0 $6,000
JOSEPH H HOLLES ASSOCIATE EDITOR 4.00
Director
$3,000 $0 $3,000
LISA BULLARD ASSOCIATE EDITOR 4.00
Director
$3,000 $0 $3,000
ALLISON GODWIN ASSISTANT EDITOR 4.00
Director
$3,000 $0 $3,000
MONICA LAMM ASSISTANT EDITOR 2.00
Director
$1,000 $0 $1,000
DAVID SILVERSTEIN ASSISTANT EDITOR 2.00
Director
$1,000 $0 $1,000
MILO KORETSKY CHAIRMAN 2.00
Director
$0 $0 $0
TROY VOGEL ASSISTANT EDITOR 2.00
Director
$0 $0 $0
DANIEL BURKEY ASSISTANT EDITOR 2.00
Director
$1,000 $0 $1,000
LAURA HIRSHFIELD ASSISTANT EDITOR 2.00
Director
$1,000 $0 $1,000
S PATRICK WALTON ASSISTANT EDITOR 2.00
Director
$0 $0 $0
LAKSHMINARAYANAN SAMAVEDHAM ASSISTANT EDITOR 2.00
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 $81,883 $97,043 $107,208 $-15,160
2023 $91,675 $73,760 $129,607 $17,915
2023 $91,100 $73,779 $123,643 $17,321
2022 $80,541 $79,249 $97,939 $1,292
2021 $91,541 $79,981 $91,223 $11,560
2020 $79,960 $76,123 $87,677 $3,837
2019 $94,923 $81,884 $78,592 $13,039
2018 $91,311 $111,183 $66,696 $-19,872
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