American Society Of Mechanical Engineers Auxiliary Inc is located in New York, NY. The organization was established in 1957. According to its NTEE Classification (U11) the organization is classified as: Single Organization Support, under the broad grouping of Science & Technology and related organizations. This organization is the central organization for a national or regional group of organizations. American Society Of Mechanical Engineers Auxiliary Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, American Society Of Mechanical Engineers Auxiliary Inc generated $117.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $112.5k during the year ending 06/2021. While expenses have increased by 0.6% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ESTABLISHES AND SUPPORTS SCHOLARSHIPS TO STUDENTS OF MECHANICAL ENGINEERING, AND SUPPORTS ASME; SEE PART III.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS AND LOANS: PROVIDES SCHOLARSHIPS AND STUDENT LOANS FOR STUDENTS PURSUING COLLEGE DEGREES IN MECHANICAL ENGINEERING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ed Siders Student Loan Fund Treasurer | OfficerTrustee | 2 | $0 |
Vatsala Menon Recording Secretary | OfficerTrustee | 2 | $0 |
Saraswati Sahay End Fy21 President | OfficerTrustee | 2 | $0 |
Ada Ezekoye Executive Vice President | OfficerTrustee | 2 | $0 |
Ella Baldwin-Viereck Start Fy21 President | OfficerTrustee | 2 | $0 |
Stella Seiders Treasurer | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $34,685 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $34,685 |
Total Program Service Revenue | $770 |
Investment income | $19,945 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $62,333 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $117,733 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $108,699 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $3,453 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $112,472 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $182,906 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $75,609 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $1,491,070 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,749,585 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Net assets without donor restrictions | $607,919 |
Net assets with donor restrictions | $1,141,666 |
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 | $1,749,585 |
Over the last fiscal year, we have identified 1 grants that American Society Of Mechanical Engineers Auxiliary Inc has recieved totaling $5.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Beg. Balance | $943,105 |
Earnings | $143,906 |
Net Contributions | $25,000 |
Grants | $44,625 |
Ending Balance | $1,067,386 |
Organization Name | Assets | Revenue |
---|---|---|
Robertson Research Fund Inc Cold Spring Harbor, NY | $140,499,325 | $10,256,252 |
Iop Publishing Incorporated Philadelphia, PA | $1,720,227 | $5,024,861 |
Reloop Americas Research Institute Stanfordville, NY | $16,070 | $408,500 |
T1d Exchange Inc Boston, MA | $7,255,496 | $341,703 |
Future Of Research Abington, MA | $148,357 | $0 |
American Society Of Mechanical Engineers Auxiliary Inc New York, NY | $1,749,585 | $117,733 |
Cpi Foundation Inc Pleasant Gap, PA | $1,115,624 | $83,346 |