American Fire Sprinkler Association Inc
- Assets
- $7.5m
- Revenue
- $6.4m
- Investments
- $0.0
- Employees
- 30
- Location
- Dallas, TX
- Founding
- 02/2004
- Data as of
- 12/2022
- EIN
- 06-1054750
Organization Overview
American Fire Sprinkler Association Inc is located in Dallas, TX. The organization was established in 2004. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, American Fire Sprinkler Association Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Fire Sprinkler Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, American Fire Sprinkler Association Inc generated $6.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $6.2m during the year ending 12/2022. While expenses have increased by 8.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION WAS FORMED TO REPRESENT THE INTERESTS OF ITS MEMBERS TO VARIOUS REGULATORY AUTHORITIES AND TO PROVIDE EDUCATIONAL ADVANCEMENT, PROMOTION AND UTILIZATION OF AUTOMATIC FIRE SPRINKLER SYSTEMS PRIMARILY IN THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEMINARS/DESIGN SCHOOLS: PROGRAMS AVAILABLE TO BOTH MEMBERS AND NON-MEMBERS TO PROVIDE INFORMATION ON CURRENT DEVELOPMENTS IN THE INDUSTRY AS WELL AS INSTRUCTIONAL AND EDUCATIONAL SEMINARS TO INDIVIDUALS AT ALL LEVELS OF EXPERIENCE.
TOTAL FOR ALL THE ABOVE LISTED PROGRAMS AND ACCOMPLISHMENTS.
ANNUAL CONVENTION: MEMBERS AND NON-MEMBERS MAY ATTEND TO MEET, NETWORK AND DISCUSS THE LATEST TECHNOLOGY IN THE INDUSTRY AS WELL AS REVIEW THE LATEST TECHNIQUES FOR APPLICATION. EDUCATIONAL SEMINARS ARE AVAILABLE TO THE ATTENDEES.
TRADE JOURNAL: THE SPRINKLER AGE MAGAZINE IS A BI-MONTHLY TRADE PUBLICATION USED TO DISSEMINATE CURRENT DEVELOPMENTS AND TECHNICAL INFORMATION REGARDING INDUSTRY RELATED PRODUCTS AND INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theodore C Wills Jr Chairman | OfficerTrustee | 4 | $0 |
Wayne Weisz Immediate Pa | OfficerTrustee | 4 | $0 |
Jack Medovich 1st Vice-C | OfficerTrustee | 4 | $0 |
Linda Biernacki 2nd Vice Cha | OfficerTrustee | 4 | $0 |
Paul Delorie Treasurer | OfficerTrustee | 4 | $0 |
Jeff Phifer Secretary | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,462,836 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,462,836 |
| Total Program Service Revenue | $3,240,486 |
| Investment income | $120,282 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $12,200 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,352,327 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,016,083 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,482 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,100 |
| Fees for services: Accounting | $21,050 |
| Fees for services: Lobbying | $5,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $26,139 |
| Office expenses | $184,966 |
| Information technology | $260,706 |
| Royalties | $0 |
| Occupancy | $271,246 |
| Travel | $210,941 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $912,583 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $67,352 |
| Insurance | $0 |
| All other expenses | $91,153 |
| Total functional expenses | $6,246,923 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $782,548 |
| Savings and temporary cash investments | $517,004 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,023 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $45,624 |
| Prepaid expenses and deferred charges | $111,870 |
| Net Land, buildings, and equipment | $78,051 |
| Investments—publicly traded securities | $5,769,644 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $25,910 |
| Other assets | $144,696 |
| Total assets | $7,480,370 |
| Accounts payable and accrued expenses | $98,094 |
| Grants payable | $0 |
| Deferred revenue | $36,350 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $134,444 |
| Net assets without donor restrictions | $7,345,926 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,480,370 |