Form 990 for tax year 2022

Filed by ASM MATERIALS EDUCATION FOUNDATION.

What the amendment changed

Compared with the return it replaced , filed 27 September 2023. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Those are the same on the two returns, so the amendment changed something else.

Totals

Total revenue: $1,406,023
Total expenses: $1,302,779
Contributions and grants received: $1,202,961
Grants paid: $222,760
Program service revenue: $0
Investment income: $186,417
Other revenue: $16,645
Total assets, end of year: $15,156,531
Total liabilities, end of year: $142,753
Net assets or fund balances, end of year: $15,013,778
Program services expenses (Part IX): $834,258
Management and general expenses: $235,257
Fundraising expenses: $233,264
Program service expenses (Part III): $834,258

Program services were 64.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1f · All other contributions, gifts and grants

$1,202,961
3 · Investment income

total $239,321 · excluded $239,321
7a · Gross sales of assets other than inventory

securities $15,556,912
7b · Less cost or other basis and sales expenses

securities $15,609,816
7c · Gain or loss

securities -$52,904
7d · Net gain or loss

total -$52,904 · excluded -$52,904
11a · Other revenue: OTHER INCOME

total $16,645 · related or exempt $16,645
11e · Other revenue, total

$16,645

Functional expenses

Part IX, the statement of functional expenses.

2 · Grants to domestic individuals

total $222,760 · program services $222,760
7 · Other salaries and wages

total $319,954 · program services $153,994 · management and general $70,881 · fundraising $95,079
8 · Pension plan contributions

total $70,309 · program services $34,326 · management and general $14,920 · fundraising $21,063
10 · Payroll taxes

total $3,593 · management and general $742 · fundraising $2,851
11f · Fees: investment management

total $58,815 · management and general $58,815
11g · Fees: other

total $28,435 · management and general $28,435
12 · Advertising and promotion

total $14,636 · program services $3,300 · management and general $7,636 · fundraising $3,700
13 · Office expenses

total $10,163 · program services $4,533 · management and general $4,047 · fundraising $1,583
17 · Travel

total $172,973 · program services $144,752 · management and general $21,649 · fundraising $6,572
24a · Other expenses: EVENTS AND CATERING

total $184,805 · program services $179,119 · management and general $4,922 · fundraising $764
24b · Other expenses: CONTRACTORS

total $115,245 · program services $9,406 · management and general $7,401 · fundraising $98,438
24c · Other expenses: COST OF SERVICES

total $85,829 · program services $82,068 · management and general $561 · fundraising $3,200
24d · Other expenses: BANK FEES

total $15,262 · program services $0 · management and general $15,248 · fundraising $14

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $265,947 · end of year $88,621
3 · Pledges and grants receivable

beginning of year $619,076 · end of year $811,759
4 · Accounts receivable

beginning of year $93,669 · end of year $37,414
11 · Investments: publicly traded securities

beginning of year $15,767,812 · end of year $14,208,683
15 · Other assets

beginning of year $9,640 · end of year $10,054
17 · Accounts payable and accrued expenses

beginning of year $28,579 · end of year $70,981
25 · Other liabilities

beginning of year $70,157 · end of year $71,772
27 · Net assets without donor restrictions

beginning of year $12,170,134 · end of year $10,945,948
28 · Net assets with donor restrictions

beginning of year $4,487,274 · end of year $4,067,830

Mission and programs · 2022

Mission

CREATED IN 1952, THE ASM MATERIALS EDUCATION FOUNDATION MISSION IS TO DEVELOP AND DEPLOY MATERIALS SCIENCE CONTENT AND HANDS-ON, MINDS-ON INSTRUCTIONAL STRATEGIES TO INSPIRE, ENGAGE, AND EMPOWER FUTURE GENERATIONS TO CREATE STEM SOLUTIONS FOR 21ST CENTURY CHALLENGES. PROGRAMS AND SERVICES ARE PROVIDED FOR K-12 STUDENTS AND TEACHERS AS WELL AS UNDERGRADUATE STUDENTS.

Activities or mission (Part I)

TO PROVIDE FOR THE ADVANCEMENT OF SCIENTIFIC AND ENGINEERING KNOWLEDGE THROUGH EDUCATION, LEADERSHIP TRAINING GRANTS, GRANTS TO ENABLE K-12 TEACHERS TO BRING MATERIALS INTO CLASSROOMS, GRANTS TO ASM STUDENT CHAPTERS, AND ANNUAL RECOGNITION AWARDS TO HIGH SCHOOL TEACHERS. THE SIGNATURE PROGRAM IS ASM MATERIALS CAMP. THIS EDUCATIONAL OUTREACH PROGRAM HAS SERVED OVER 2,000 HIGH SCHOOL STUDENTS AND ALMOST 1,000 HIGH SCHOOL SCIENCE TEACHERS. THE PROGRAM TYPICALLY INVOLVES 40+ HOURS OF LAB-BASED,HANDS-ON INSTRUCTION, SCHEDULED OVER 5 DAYS. BOTH RESIDENTIAL ANDNON-RESIDENTIAL FORMATS ARE OFFERED. ALL PROGRAMS ARE PROVIDED AS APUBLIC SERVICE AT NO COST TO THE PARTICIPANT.

PROGRAMS INCLUDE UNDERGRADUATE SCHOLARSHIPS, UNDERGRADUATE DESIGN COMPETITION, AND OTHER UNDERGRADUATE PROGRAMS, IN ADDITION TO K-12 PROGRAMS. THE ASM FOUNDATION'S SIGNATURE PROGRAM IS ASM MATERIALS CAMPS WHICH HAVE SERVED ALMOST 18,000 STUDENTS AND OVER 12,000 TEACHERS SINCE INCEPTION. THE PROGRAM INVOLVES 40+ HOURS OF HANDS-ON LAB INSTRUCTION OVER FIVE DAYS, BOTH IN RESIDENTIAL AND COMMUTER FORMATS. ALL TEACHERS PARTICIPATE AT NO COST TO THEM AND RECEIVE SUPPLIES TO TAKE BACK TO THEIR CLASSROOMS. THE GENERAL PUBLIC BENEFITS FROM AN INFORMED PUBLIC AND THE SCIENCE AND ENGINEERING FIELDS BENEFIT FROM AN INCREASED NUMBER OF YOUNG ADULTS CHOOSING THESE CAREER PATHS.

Expenses $834,258 · Grants $222,760 · Revenue $16,645

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Ms Carrie L WilsonMS CARRIE L WILSON

SECRETARY/EXECUTIVE DIR

Total calculated

$145,799

From this org

$0

From related orgs

$116,828

Other

$28,971

Hours/week

40
Mr Andrew G NydamMR ANDREW G NYDAM

TRUSTEE

Total calculated

$0

Hours/week

1
Mr William W ShropshireMR WILLIAM W SHROPSHIRE

TRUSTEE

Total calculated

$0

Hours/week

1
Dr Winston SobojeyoDR WINSTON SOBOJEYO

TRUSTEE

Total calculated

$0

Hours/week

1
Dr Kip O FindleyDR KIP O FINDLEY

TRUSTEE

Total calculated

$0

Hours/week

1
Mr Don LewonMR DON LEWON

TRUSTEE

Total calculated

$0

Hours/week

1
Prof Gregory B OlsonPROF GREGORY B OLSON

TRUSTEE

Total calculated

$0

Hours/week

1
Dr Julio G MaldonadoDR JULIO G MALDONADO

VICE CHAIR

Total calculated

$0

Hours/week

1
Dr William E FrazierDR WILLIAM E FRAZIER

TRUSTEE

Total calculated

$0

Hours/week

1
Mr John R KeoughMR JOHN R KEOUGH

CHAIR

Total calculated

$0

Hours/week

1
Prof Glenn S DaehnPROF GLENN S DAEHN

IMMEDIATE PAST CHAIR

Total calculated

$0

Hours/week

1
Mr James RitcheyMR JAMES RITCHEY

TREASURER

Total calculated

$0

Hours/week

1
Ms Carolyn L MerrittMS CAROLYN L MERRITT

TRUSTEE

Total calculated

$0

Hours/week

1
Dr Peggy E JonesDR PEGGY E JONES

TRUSTEE

Total calculated

$0

Hours/week

1
Ms Elizabeth M PerepezkoMS ELIZABETH M PEREPEZKO

TRUSTEE

Total calculated

$0

Hours/week

1
Mr Marc R FryMR MARC R FRY

TRUSTEE

Total calculated

$0

Hours/week

1
Mr Daniel DenisMR DANIEL DENIS

TRUSTEE

Total calculated

$0

Hours/week

1
Mr Pradeep GoyalMR PRADEEP GOYAL

TRUSTEE

Total calculated

$0

Hours/week

1
Dr Kathy L HayrynenDR KATHY L HAYRYNEN

TRUSTEE

Total calculated

$0

Hours/week

1
Ms Susanne LaudaMS SUSANNE LAUDA

TRUSTEE

Total calculated

$0

Hours/week

1
Ms Sandy RobertMS SANDY ROBERT

TRUSTEE

Total calculated

$362,663

From this org

$0

From related orgs

$338,254

Other

$24,409

Hours/week

1 + 40 related

Schedule J breakdown matched by us

Base

$0 + $338,254 related

Bonus

$0

Other

$0

Deferred

$0

Nontaxable benefits

$0 + $24,409 related

Filer's total

$0 + $362,663 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

ASM INTERNATIONAL

501(C)3 · TO PROVIDE FOR THE ADVANCEMENT OF METALS & MATERIALS KNOWLEDGE · OH

Provenance

Return type: form_990
Tax year: 2022
Filed: 26 June 2024
IRS schema version: 2022v5.0
Source object: 202441849349301754

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