Electronic Security Association INC

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To represent, support, and promote the Electronic Security systems industry.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Run by 25 volunteers and 28 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $374K a year · 9% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$792K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
6 mo
of spending, in cash
Plus $2.3M in investments, Pt X · Ln 11–13
Looks good: 5.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2.0M
37% of total assets
Looks good: liabilities are 37% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.2M
+7% vs prior year
Spent
$4.5M
Net assets
$3.5M
By yearFY2020–FY2024
Revenue
$5.2M
FY2024▲ +7%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.8M
FY2021$4.0M
FY2022$4.9M
FY2023$4.9M
FY2024$5.2M
Expenses
$4.5M
FY2024▼ -1%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.9M
FY2021$4.0M
FY2022$4.1M
FY2023$4.5M
FY2024$4.5M
Net assets
$3.5M
FY2024▲ +62%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.3M
FY2021$1.2M
FY2022$1.8M
FY2023$2.1M
FY2024$3.5M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1972.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

18 people listed on the 990; $792K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director (ceo)
$241,804Pt VII · Sec A
Chief Operating Officer
$196,323Pt VII · Sec A
Controller
$129,562Pt VII · Sec A
VP Advocacy & Public Affairs
$117,710Pt VII · Sec A
VP Business Development
$106,292Pt VII · Sec A
Director
$0Pt VII · Sec A
Director/National Company Representative
$0Pt VII · Sec A
Director/ Associate Representative
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Merlin Guilbeau$241,804$241,164$225,590$238,554$211,887
Jillian Bateman$196,323$170,701$140,596$142,391$115,590
Jessica Pereira$106,292$161,499$170,593$120,465—
Michelle Yungblut—$160,372$141,194$146,772$129,834
Susan Edgley$129,562$113,863$34,893——
Tom Sanders——$87,142$122,511$113,532
Jake Braunger$117,710$109,274———
Joel Heaton———$101,023—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Advocates for, supports, and promotes the electronic security systems industry.

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3 programs · in their own filed words · FY2024
01

Government Advocacy and Industry Affairs

The association provides information to members on industry wide issues, and represents and speaks on behalf of members within the industry and to external audiences.

Pt IX · col B
02

Membership Services

The membership program of esa provides members tools and resources, opportunities to network, exchange ideas and best practices, gain brand exposure, and leverage purchasing power.

Pt IX · col B
03

Training

Esa training and education provides the electronic and life safety industry with technical, management, sales and business training as well as certifications.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 11 grants · $268K · 2020–2024
Unitemized GrantFY2024$17,000
Unitemized GrantFY2022$17,000
Unitemized GrantFY2021$18,500
Unitemized GrantFY2020$11,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$5.2M
Ln 12
Fees for servicesLn 2g$5.0M
Other incomeLn 4–11$118K
Investment incomeLn 3$118K
Money outPt IX
$4.5M
Ln 25
Owns and owesPt X
$3.5M
net assets · Ln 32
Cash and savingsLn 1–2$2.1M
Total assetsLn 16$5.5M
LiabilitiesLn 26$2.0M
PeoplePt VI, VII
18
listed · VII A
PaidVII A5
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$36K
Fees for servicesLn 2g$5.0M
Investment incomeLn 3$118K
Other incomeLn 4–11$118K
Total revenueLn 12$5.2M
Assets in detailPt X, end of year
CashLn 1$493K
SavingsLn 2$1.6M
Cash and savings togetherLn 1–2$2.1M
InvestmentsLn 11–13$2.3M
Land, buildings, equipmentLn 10c$297K
Other assetsLn 15$5K
Total assetsLn 16$5.5M
LiabilitiesLn 26$2.0M
Net assetsLn 32$3.5M
OperationsPt I, VI
EmployeesI 528
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.8M$2.1M
InvestmentsLn 11–13$1.5M$2.3M
Land, buildings, equipmentLn 10c$419K$297K
Total assetsLn 16$4.5M$5.5M
LiabilitiesLn 26$2.4M$2.0M
Net assetsLn 32$2.1M$3.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$88K
Grants to domestic individualsLn 2$17K
Pay of current officers, directors and key staffLn 5$400K
Other salaries and wagesLn 7$1.6M
Pension plan contributionsLn 8$32K
Other employee benefitsLn 9$123K
Payroll taxesLn 10$154K
Legal feesLn 11b$50K
Accounting feesLn 11c$45K
Lobbying feesLn 11d$91K
Investment management feesLn 11f$7K
Other fees for servicesLn 11g$242K
Advertising and promotionLn 12$124K
Office expensesLn 13$159K
Information technologyLn 14$274K
OccupancyLn 16$209K
TravelLn 17$83K
Conferences, conventions and meetingsLn 19$313K
InterestLn 20$5K
Depreciation, depletion and amortizationLn 22$38K
InsuranceLn 23$33K
Other expenses (24a–d)Ln 24$307K
All other expensesLn 24e$70K
Total functional expensesLn 25$4.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $5.2M$4.5M$738K$3.5M 990 PDF
FY2023 $4.9M$4.5M$333K$2.1M 990 PDF
FY2022 $4.9M$4.1M$807K$1.8M 990 PDF
FY2021 $4.0M$4.0M$83K$1.2M 990 PDF
FY2020 $2.8M$2.9M−$91K$1.3M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $5,234,094 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $200,419$36,125
I-9 Program service revenuePrior year $4,611,743$4,962,409
I-10 Investment incomePrior year $48,012$117,558
I-11 Other revenuePrior year $21,271$118,002
I-12 Total revenuePrior year $4,881,445$5,234,094
I-13 Grants and similar amounts paidPrior year $72,750$104,500
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,448,343$2,340,940
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,027,068$2,050,465
I-18 Total expensesPrior year $4,548,161$4,495,905
I-19 Revenue less expensesPrior year $333,284$738,189
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,234,094 across 7 lines filed
VIII-1f All other contributions, gifts and grants$36,125
VIII-1h Total contributions, gifts and grants$36,125
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,622,363 · Unrelated business $340,046$4,962,409
VIII-3 Investment incomeExcluded from tax $117,558$117,558
VIII-6 Net rental income or lossExcluded from tax $117,252$117,252
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $750$750
VIII-12 Total revenueRelated to mission $4,622,363 · Unrelated business $340,046 · Excluded from tax $235,560$5,234,094
Part IX · Statement of functional expenses $4,495,905 across 23 lines filed
IX-1 Grants to domestic organizations$87,500
IX-2 Grants to domestic individuals$17,000
IX-5 Pay of current officers, directors and key staff$400,087
IX-7 Other salaries and wages$1,632,262
IX-8 Pension plan contributions$31,786
IX-9 Other employee benefits$122,859
IX-10 Payroll taxes$153,946
IX-11b Legal fees$50,405
IX-11c Accounting fees$44,736
IX-11d Lobbying fees$91,410
IX-11f Investment management fees$6,764
IX-11g Other fees for services$241,923
IX-12 Advertising and promotion$123,667
IX-13 Office expenses$158,649
IX-14 Information technology$273,789
IX-16 Occupancy$209,275
IX-17 Travel$83,428
IX-19 Conferences, conventions and meetings$312,886
IX-20 Interest$4,845
IX-22 Depreciation, depletion and amortization$37,808
IX-23 Insurance$33,130
IX-24 Other expenses (24a–d)$307,379
IX-24e All other expenses$70,371
IX-25 Total functional expenses$4,495,905
Part X · Balance sheet $5,450,455 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $760,301$492,652
X-2 Savings and temporary cash investmentsStart of year $1,070,661$1,608,071
X-4 Accounts receivableStart of year $489,376$464,446
X-8 Inventories for sale or useStart of year $7,212$3,348
X-9 Prepaid expenses and deferred chargesStart of year $242,402$282,074
X-10c Land, buildings and equipment, netStart of year $418,992$296,737
X-11 Publicly traded securitiesStart of year $653,416$860,384
X-12 Other securitiesStart of year $890,469$1,437,805
X-15 Other assetsStart of year $2,700$4,938
X-16 Total assetsStart of year $4,535,529$5,450,455
X-17 Accounts payable and accrued expensesStart of year $404,557$397,262
X-19 Deferred revenueStart of year $1,434,366$1,160,736
X-26 Total liabilitiesStart of year $2,397,242$1,993,059
X-27 Net assets without donor restrictionsStart of year $2,138,287$3,457,396
X-32 Total net assets or fund balancesStart of year $2,138,287$3,457,396
X-33 Total liabilities and net assetsStart of year $4,535,529$5,450,455
Part XI · Reconciliation of net assets $3,457,396 net assets at year end
XI-1 Total revenue$5,234,094
XI-2 Total expenses$4,495,905
XI-3 Revenue less expenses$738,189
XI-4 Net assets at start of year$2,138,287
XI-5 Net unrealized gains (losses) on investments$33,585
XI-9 Other changes in net assets$547,335
XI-10 Net assets at end of year$3,457,396

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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