Printed Circuit Engineering Association INC FY2022 filing

Not tax-deductible

Peachtree Cty, GA501(c)(6)Community DevelopmentEIN 85-0534394Revenue $1.7M in FY2022

On file with the IRSpcea.net401 Westpark CT Ste 200, 30269-3572 · Peachtree Cty, GATax-exempt since Jul 2020

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To promote printed circuit engineering as a profession by encouraging and facilitating the exchange of information and the integration of new design concepts through education, certification, communications, seminars, and workshops.

84¢ of each $1 spent went to programs.
$247K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $142K a year · 8% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$247K
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$448K
61% of total assets
Fine: liabilities are 61% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.7M
Spent
$1.4M
To programs
84%
Net assets
$285K
By yearFY2022–FY2025
Revenue
$1.7M
FY2022
Tap a bar for its year
Revenue by fiscal year
FY2022$1.7M
FY2023$1.6M
FY2024$1.8M
FY2025$1.9M
Expenses
$1.4M
FY2022
Tap a bar for its year
Expenses by fiscal year
FY2022$1.4M
FY2023$1.5M
FY2024$1.7M
FY2025$1.8M
Net assets
$285K
FY2022
Tap a bar for its year
Net assets by fiscal year
FY2022$285K
FY2023$1K
FY2024$91K
FY2025$117K

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2020.

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

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $1.2M Management & general 16% · $227K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

24 people listed on the 990; $247K paid to officers and key staff.

Part VII, Section A · reportable compensation
$123,450Pt VII · Sec A
$123,450Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Frances M Stewart’s $153K as Vice President of Sales and Marketing is at the 48th percentile of top reported officer pay among 2832 $1–10M 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 · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Frances M Stewart$153,175$153,466$160,146—
Michael Buetow$149,550$157,000$139,458$123,450
Richard Hartley——$15,200—
Susan Webb——$9,200—

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 15aNo

Programs and updates

Promotes printed circuit engineering through education, certification, and information exchange.

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Provided by the organization

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2 programs · $2.4M · in their own filed words · FY2022
01

Produced several conferences for training electronics engineers.

$1.2Mprogram expense
02

Produced several conferences for training electronics engineers.

$1.2Mprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.7M
Ln 12
Fees for servicesLn 2g$1.7M
Gifts and grantsLn 1h$19K
Money outPt IX
$1.4M
Ln 25
Programscol B$1.2M
Managementcol C$227K
Owns and owesPt X
$285K
net assets · Ln 32
Cash and savingsLn 1–2$308K
Total assetsLn 16$732K
LiabilitiesLn 26$448K
PeoplePt VI, VII
24
listed · VII A
PaidVII A2
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$19K
Fees for servicesLn 2g$1.7M
Total revenueLn 12$1.7M
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$308K
Total assetsLn 16$732K
LiabilitiesLn 26$448K
Net assetsLn 32$285K
OperationsPt I, VI
EmployeesI 55
VolunteersI 645
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.9M$1.8M$77K$117K 990 PDF
FY2024 $1.8M$1.7M$89K$91K 990 PDF
FY2023 $1.6M$1.5M$127K$1K 990 PDF
FY2022 Viewing $1.7M$1.4M$273K$285K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (1 part)
Part VI · Governance 12 of 12 board members independent, 4 to look at
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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