Asqexcellence INC

Not tax-deductible

Milwaukee, WI501(c)(6)Since 2020Community Development EIN 84-3729689Revenue $12.8M in FY2024

On file with the IRSasq.org600 N Plankinton Ave, 53203-2901 · Milwaukee, WITax-exempt since Oct 2020

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Asqe's mission is to set the standard for quality driven offerings and insights worldwide, inspiring the organizations IT serves to achieve excellence through quality. Asqe provides expertise, insights, thought leadership, networks and resources to a global membership of organizations and their affiliated individuals representing a wide range of industries and cultures.

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Run by 9 volunteers and 21 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
0 of 5
filings with a surplus
Average deficit $570K a year · 5% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$1.7M
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Concern: 0.0 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$6.6M
176% of total assets
Concern: liabilities are 176% of assets; over 80%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$12.8M
+3% vs prior year
Spent
$13.2M
Net assets
−$2.9M
By yearFY2020–FY2024
Revenue
$12.8M
FY2024▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$10.5M
FY2021$11.9M
FY2022$11.4M
FY2023$12.4M
FY2024$12.8M
Expenses
$13.2M
FY2024▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$11.2M
FY2021$12.5M
FY2022$12.2M
FY2023$12.9M
FY2024$13.2M
Net assets
−$2.9M
FY2024▼ -15%
Tap a bar for its year
Net assets by fiscal year
FY2020−$714K
FY2021−$1.3M
FY2022−$2.0M
FY2023−$2.5M
FY2024−$2.9M

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 Oct 2020.

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

Who runs it and what they're paid

15 people listed on the 990; $1.7M paid to officers and key staff.

Part VII, Section A · reportable compensation
$518,718Pt VII · Sec A
Executive Director, Cert Operations
$266,984Pt VII · Sec A
Executive Director, Global Success
$203,434Pt VII · Sec A
Executive Director, R&d
$195,408Pt VII · Sec A
Marketing Director
$139,898Pt VII · Sec A
Product Development Manager
$125,913Pt VII · Sec A
Psychometrician
$122,922Pt VII · Sec A
Org. Member Success Manager
$100,452Pt VII · Sec A

James R Templin’s $519K as CEO is at the 79th percentile of top reported officer pay among 572 $10–100M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2024FY2023FY2022FY2021FY2020
James R Templin$518,718$450,997———
James Templin——$392,917$352,109$335,207
Michael Byrnes$266,984$243,348$222,358$190,342$167,031
Brian Scarpace$203,434$183,435$163,782$126,860—
Beverly Scheels$195,408$175,961$157,302$132,020$106,833
Diana Laserstein$139,898$129,614$116,346——
Erin Bauer$125,913$117,117$106,951——
Mike Sage$122,922$108,458———

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

Inspires global organizations to achieve excellence through quality expertise and resources.

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1 program · in their own filed words · FY2024
01

Asqe is a not-for-profit organization comprised of approximately 175 organizational members. Asqe offers professional certifications that are recognized as a mark of quality excellence in many industries.

Pt IX · col B

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$12.8M
Ln 12
Fees for servicesLn 2g$11.3M
Other incomeLn 4–11$1.5M
Gifts and grantsLn 1h$2K
Money outPt IX
$13.2M
Ln 25
Owns and owesPt X
−$2.9M
net assets · Ln 32
Cash and savingsLn 1–2$37K
Total assetsLn 16$3.8M
LiabilitiesLn 26$6.6M
PeoplePt VI, VII
15
listed · VII A
PaidVII A8
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2K
Fees for servicesLn 2g$11.3M
Other incomeLn 4–11$1.5M
Total revenueLn 12$12.8M
Assets in detailPt X, end of year
CashLn 1$37K
Cash and savings togetherLn 1–2$37K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$3.8M
LiabilitiesLn 26$6.6M
Net assetsLn 32−$2.9M
OperationsPt I, VI
EmployeesI 521
VolunteersI 69
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$32K$37K
Land, buildings, equipmentLn 10c$4K$0
Total assetsLn 16$4.6M$3.8M
LiabilitiesLn 26$7.0M$6.6M
Net assetsLn 32−$2.5M−$2.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.3M
Other salaries and wagesLn 7$1.8M
Pension plan contributionsLn 8$149K
Other employee benefitsLn 9$236K
Payroll taxesLn 10$202K
Accounting feesLn 11c$19K
Advertising and promotionLn 12$620K
Office expensesLn 13$20K
RoyaltiesLn 15$340K
OccupancyLn 16$77K
TravelLn 17$12K
Conferences, conventions and meetingsLn 19$81K
InterestLn 20$118K
Depreciation, depletion and amortizationLn 22$1.1M
Other expenses (24a–d)Ln 24$7.0M
All other expensesLn 24e$116K
Total functional expensesLn 25$13.2M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $12.8M$13.2M−$376K−$2.9M 990 PDF
FY2023 $12.4M$12.9M−$428K−$2.5M 990 PDF
FY2022 $11.4M$12.2M−$736K−$2.0M 990 PDF
FY2021 $11.9M$12.5M−$595K−$1.3M 990 PDF
FY2020 $10.5M$11.2M−$714K−$714K 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 $12,801,759 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$2,000
I-9 Program service revenuePrior year $11,124,983$11,334,421
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $1,321,752$1,465,338
I-12 Total revenuePrior year $12,446,735$12,801,759
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,197,116$3,680,395
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $9,677,865$9,497,455
I-18 Total expensesPrior year $12,874,981$13,177,850
I-19 Revenue less expensesPrior year −$428,246−$376,091
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
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 $12,801,759 across 5 lines filed
Lines not itemized here account for $946,362 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$2,000
VIII-1h Total contributions, gifts and grants$2,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,334,421$11,334,421
VIII-5 RoyaltiesExcluded from tax $518,976$518,976
VIII-12 Total revenueRelated to mission $12,280,783 · Unrelated business $0 · Excluded from tax $518,976$12,801,759
Part IX · Statement of functional expenses $13,177,850 across 16 lines filed
IX-5 Pay of current officers, directors and key staff$1,304,865
IX-7 Other salaries and wages$1,788,182
IX-8 Pension plan contributions$148,596
IX-9 Other employee benefits$236,288
IX-10 Payroll taxes$202,464
IX-11c Accounting fees$19,121
IX-12 Advertising and promotion$619,999
IX-13 Office expenses$19,853
IX-15 Royalties$339,697
IX-16 Occupancy$76,983
IX-17 Travel$12,472
IX-19 Conferences, conventions and meetings$80,767
IX-20 Interest$117,721
IX-22 Depreciation, depletion and amortization$1,056,600
IX-24 Other expenses (24a–d)$7,038,688
IX-24e All other expenses$115,554
IX-25 Total functional expenses$13,177,850
Part X · Balance sheet $3,775,403 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $31,763$37,310
X-4 Accounts receivableStart of year $441,067$711,353
X-8 Inventories for sale or useStart of year $211,786$233,241
X-9 Prepaid expenses and deferred chargesStart of year $154,497$135,499
X-10c Land, buildings and equipment, netStart of year $3,833$0
X-14 Intangible assetsStart of year $3,714,600$2,658,000
X-16 Total assetsStart of year $4,557,546$3,775,403
X-17 Accounts payable and accrued expensesStart of year $954,908$1,157,763
X-19 Deferred revenueStart of year $1,802,621$1,772,501
X-26 Total liabilitiesStart of year $7,032,025$6,625,973
X-27 Net assets without donor restrictionsStart of year −$2,474,479−$2,850,570
X-32 Total net assets or fund balancesStart of year −$2,474,479−$2,850,570
X-33 Total liabilities and net assetsStart of year $4,557,546$3,775,403
Part XI · Reconciliation of net assets −$2,850,570 net assets at year end
XI-1 Total revenue$12,801,759
XI-2 Total expenses$13,177,850
XI-3 Revenue less expenses−$376,091
XI-4 Net assets at start of year−$2,474,479
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$2,850,570

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

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