Aesf Foundation EIN 22-1800571

Aesf Foundation

EIN  22-1800571 Public charity (501(c)(3)) Washington, DC
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Advances surface finishing science and technology through technical education programs.
Leadership
Kyle Hankinson · Trustee
Money in and out
$558K revenue, $588K expenses
Bottom line
81% program efficiency

Advances surface finishing science and technology through technical education programs. For fiscal year 2024 it reported $558K in revenue, $588K in expenses, and $2.1M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$558K
Pt VIII · Ln 12
Total expenses
$588K
Pt IX · Ln 25
Net assets
$2.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$31K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.19
Program efficiency
81%
of spending reaches programs▼ -9% vs prior filing year
Operating runway
41.4mo
months of highly liquid reserves at operating expense rate▼ -4% vs prior filing year
Surplus margin
-6%
revenue over expenses, this year▼ -164% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$558K
FY2024▼ -4%
Expenses
$588K
FY2024▲ +10%
Total assets
$2.1M
FY2024▲ +7%
Total liabilities
$28K
FY2024▲ +578%
Total revenue
$558K
Pt VIII · Ln 12
Total expenses
$588K
Pt IX · Ln 25
Net assets
$2.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$31K
Total assetsPt X · Ln 16$2.1M
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $478K of program spending, described in the organization's own filed words · FY2024.
01

Education and Research

Provide education courses, various research programs, exhibits, and other educational support for members and the general public. Convention: Hold annual convention which allows members access to the most respected and highly qualified leaders in the industry along with the newest technologies, products, equipment, and services for every…

$478Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAesf Foundation
EINHdr · item D22-1800571
Principal addressHdr · item CWashington, DC
WebsiteHdr · item Jnasf.org/education
Year of formationHdr · item Lpending
State of legal domicileHdr · item MDC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJun 1964

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Past President - Nasf
$0Pt VII · Sec A
Secretarytreasurer - Nasf
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Past President
$0Pt VII · Sec A
See Aesf Foundation executive salaries →

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Statement of Revenue

Part VIII
Program service revenue$489K · 88%
Investment income$67K · 12%
Program service revenue88%$489K
Investment income12%$67K
Other revenue$2K
Total revenueLn 12$558K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.19
Program services81%$478K
Management & general19%$110K
Total functional expensesLn 25$588K

Balance Sheet

Part X · end of year
CashLn 1$218K
Total assetsLn 16$2.1M
Total liabilitiesLn 26$28K
Total net assetsLn 32$2.1M
Months of cash on handcomputed4.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.0M · Operating expenses/yr $588K
41.4 months
Where the money goes
Program services
Program services $478K · Total expenses $588K
81%
Management & General
Management & general $110K · Total expenses $588K
19%
Fundraising
Fundraising $0 · Total expenses $588K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $2K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $558K
0%
Government reliance
Government grants — · Total revenue $558K
Earned-income share
Program service revenue $489K · Total revenue $558K
88%
Investment reliance
Investment income $67K · Total revenue $558K
+12%
Program self-sufficiency
Program service revenue $489K · Total expenses $588K
83%
Growth & trend
Revenue growth (YoY)
This year $558K · Prior year $584K
-4%
Revenue CAGR
FY2020 $383K · FY2024 $558K
+10%
Net-asset trend (YoY)
End of year $2.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $558K · Expenses $588K
-6%
Liabilities-to-Assets
Total liabilities — · Total assets $2.1M
Net-asset ratio
Net assets $2.1M · Total assets $2.1M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.8M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.1M
87%
People & payroll
Highest Reported Total Compensation
Individual Kyle Hankinson · Reported title Trustee · Highest reported compensation $0 · Total expenses $588K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $588K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 19%
Revenue growth -4%
Investment management fee ratio 1%
Legal fee ratio 0%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 20 grants · $353K · 2020–2024
University of Texas at DallasFY2024$18,750
University of Georgia Crop and SoilFY2024$12,500
Wayne State UniversityFY2024$6,250
Unitemized GrantFY2024$3,000
Wayne State UniversityFY2023$25,000
University of Georgia Crop & SoilFY2023$25,000
University of Texas at DallasFY2023$25,000
Wayne State UniversityFY2022$27,500
University of Georgia Crop & SoilFY2022$25,000
Arizona State UniversityFY2022$15,149
Unitemized GrantFY2022$10,500
Unitemized GrantFY2021$16,000
Tennessee Tech UniversityFY2020$25,000
See all 20 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$558K revenue · viewing · ⤓ 990 PDF
FY2023$584K revenue · ⤓ 990 PDF
FY2022$530K revenue · ⤓ 990 PDF
FY2021$559K revenue · ⤓ 990 PDF
FY2020$383K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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