TENNESSEE SOCIETY OF PROFESSIONAL ENGINEERS

EIN: 626041550

NASHVILLE, TN

Total Revenue
$201,820
Total Expenses
$186,217
Total Assets
$162,875
Net Assets
$120,520
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
TN
Principal Officer
SETH FISCHER PE
Tax Period
2023-07-01 to 2024-06-30

TENNESSEE SOCIETY OF PROFESSIONAL ENGINEERS, founded in 1950, is a small nonprofit that reported $202K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $186K left a modest 8% surplus.

Mission

TSPE PROMOTES THE ETHICAL AND COMPETENT PRACTICE OF ENGINEERING AND ADVOCATES LICENSURE, SERVES THE NEEDS OF AND ENHANCES THE IMAGE AND WELL BEING OF ALL ENGINEERING PROFESSIONALS AND PROMOTES THE INVOLVEMENT OF ENGINEERS IN SOCIETY.

Program Service Accomplishments

Program 1

PROMOTION OF THE PROFESSIONAL INTERESTS OF ENGINEERS - TSPE PRODUCED AND DISTRIBUTED A QUARTERLY NEWSLETTER TO UPDATE AND EDUCATE MEMBERS ON ISSUES RELATED TO THE PRACTICE OF ENGINEERING; A MONTHLY...

Read more

PROMOTION OF THE PROFESSIONAL INTERESTS OF ENGINEERS - TSPE PRODUCED AND DISTRIBUTED A QUARTERLY NEWSLETTER TO UPDATE AND EDUCATE MEMBERS ON ISSUES RELATED TO THE PRACTICE OF ENGINEERING; A MONTHLY ELECTRONIC NEWSLETTER WAS ALSO DISTRIBUTED TO MEMBERS ON TIMELY TOPICS.

Program 2

PROMOTION OF PUBLIC WELFARE - TSPE SPONSORED ENGINEERS DAY ON THE HILL, WHICH WAS ATTENDED BY ABOUT 40 MEMBERS. THE PURPOSE OF THE EVENT WAS TO EDUCATE MEMBERS OF THE TN GENERAL ASSEMBLY ON THE...

Read more

PROMOTION OF PUBLIC WELFARE - TSPE SPONSORED ENGINEERS DAY ON THE HILL, WHICH WAS ATTENDED BY ABOUT 40 MEMBERS. THE PURPOSE OF THE EVENT WAS TO EDUCATE MEMBERS OF THE TN GENERAL ASSEMBLY ON THE IMPACT OF PROPOSED LEGISLATION ON THE PUBLIC HEALTH, SAFETY, AND WELFARE. IN ADDITION, THE EXECUTIVE DIRECTOR MONITORED AND LOBBIED THE STATE LEGISLATORS ON THESE ISSUES THROUGHOUT THE LEGISLATIVE SESSION. THE EXECUTIVE DIRECTOR ALSO ATTENDED AND PARTICIPATED IN MEETINGS OF THE TN STATE BOARD OF ARCHITECTURAL AND ENGINEERING EXAMINERS.

Program 3

PROMOTION OF EDUCATION - TSPE AND ITS CHAPTERS, IN CONJUNCTION WITH THE TN ENGINEERING FOUNDATION, SPONSORED MATHCOUNTS, A MATHEMATICS COMPETITION FOR STUDENTS IN GRADES 6-8, GEARED TOWARD...

Read more

PROMOTION OF EDUCATION - TSPE AND ITS CHAPTERS, IN CONJUNCTION WITH THE TN ENGINEERING FOUNDATION, SPONSORED MATHCOUNTS, A MATHEMATICS COMPETITION FOR STUDENTS IN GRADES 6-8, GEARED TOWARD ENCOURAGING THE STUDY OF AND EXCELLENCE IN MATHEMATICS AMONG MIDDLE SCHOOL STUDENTS. THE PROGRAM INCLUDES LOCAL AND STATE COMPETITIONS; THE STATE WINNER PARTICIPATES IN THE NATIONAL MATHCOUNTS.TSPE SPONSORED A REVIEW COURSE FOR ENGINEERING GRADUATES WHO WERE PREPARING TO TAKE THE PRINCIPLES AND PRACTICE OF ENGINEERING EXAMINATION TO BECOME LICENSED PROFESSIONAL ENGINEERS.TSPE SPONSORED EDUCATIONAL SEMINARS AND AN ANNUAL MEETING FOR THE PURPOSE OF EDUCATING MEMBERS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,601
Program Service Revenue $184,467
Investment Income $331
Other Revenue $12,421
TOTAL REVENUE $201,820

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,555
Fundraising Expenses $0
Other Expenses $184,662
TOTAL EXPENSES $186,217

Year-over-Year Comparison

2023 2022 Change
Revenue $201,820 $158,939 +0.3%
Expenses $186,217 $224,449 -0.2%
Net Income $15,603 $-65,510 -1.2%
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

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
120

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
4
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DERRICK CARTER DIRECTOR 2.00
Director
$0 $0 $0
JIM LINK DIRECTOR 2.00
Director
$0 $0 $0
DRAKE DANLEY PAST PRESIDENT 2.00
Director
$0 $0 $0
KATIE WALDSCHMIDT DIRECTOR 2.00
Director
$0 $0 $0
SCOTT SCHALLON DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL MILLRANEY DIRECTOR 2.00
Director
$0 $0 $0
KIRSCHTEN ROBERTS DIRECTOR 2.00
Director
$0 $0 $0
PHILLIP SCHOFIELD DIRECTOR 2.00
Director
$0 $0 $0
TIM HERNDON DIRECTOR 2.00
Director
$0 $0 $0
JOSH COLE PRESIDENT ELECT 2.00
Director
$0 $0 $0
SHANNON LOONEY SECRETARY 3.00
Officer Director
$0 $0 $0
MARK HARRISON VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
ARRON CRENSHAW PRESIDENT 3.00
Officer Director
$0 $0 $0
SETH FISCHER TREASURER 3.00
Officer 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 No data No data No data No data
2024 $201,820 $186,217 $162,875 $15,603
2023 $158,939 $224,449 $147,272 $-65,510
2022 $222,020 $214,591 $187,560 $7,429
2021 $155,383 $173,191 $169,083 $-17,808
2020 $215,041 $200,933 $188,282 $14,108
2019 $245,128 $238,583 $176,680 $6,545
Explore More Nonprofits
Top 100 Nonprofits in Tennessee Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare TENNESSEE SOCIETY OF PROFESSIONAL ENGINEERS with other nonprofits in Tennessee and across the country.