Overview
What is American Society For Testing And Materials?
The American Society for Testing and Materials (ASTM International) is a renowned nonprofit organization, founded in 1898, based in West Conshohocken, Pennsylvania. It serves as a global platform where various stakeholders come together to develop and revise voluntary consensus standards. These standards play a crucial role in international trade, product quality, and public safety, ultimately enabling ASTM to fulfill its mission of "helping our world work better." The organization's membership comprises over 34,000 individuals worldwide, representing diverse sectors like large and small businesses, government entities, academia and research, consumer groups, and other stakeholders. ASTM also offers various services and programs, such as training, certification, laboratory proficiency testing, and more, to help businesses and industries effectively implement standards. Innovation and progressive advancements lie at the heart of ASTM's mission. In 2022 alone, stakeholders in ASTM's 150 technical committees created over 170 new standards to support emerging technologies, consumer safety, the environment, and other areas. Some examples of newly developed and/or revised standards include those related to drinking water, gaseous fuels, environmental risk management, concrete pipe, polyurethane flooring, and nanotechnology, among others. ASTM International aims to be recognized globally as the premier developer and provider of voluntary consensus standards, related technical information, and services. By doing so, it contributes to promoting public health and safety, protecting and sustaining the environment, and overall improving quality of life, while facilitating international, regional, and national commerce.
Official website here: www.astm.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
The American Society for Testing and Materials has received an impressive Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial management. With a score of 96%, the organization demonstrates strong governance practices, including a fully independent board and effective oversight through its Audit and Oversight Committee. This commitment to transparency and ethical management is evident in its comprehensive policies, including conflict of interest and whistleblower protections.
The organization excels in program efficiency, with an impressive program expense ratio of 86.10%, indicating that a significant majority of its resources are directed towards fulfilling its mission. Additionally, the low liabilities to assets ratio of 5.95% indicates a stable financial situation, further enhancing its credibility among donors and stakeholders. The presence of well-documented board meeting minutes and a website listed on the tax form reinforces the organization’s commitment to operational transparency.
While the ratings highlight strong financial health and governance, potential donors may always wish to consider other factors such as the organization’s specific programs and impact metrics. However, based on the available data, the American Society for Testing and Materials stands out as a well-managed nonprofit organization committed to its mission and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is American Society For Testing And Materials legitimate?
American Society For Testing And Materials is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Society For Testing And Materials submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $4,559,637
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,458,059
For more financial information, click here
Official website here: www.astm.org
What is the mission statement of American Society For Testing And Materials?
The American Society For Testing and Materials (ASTM) is committed to bringing together various entities from around the world to develop voluntary consensus standards. Their mission is to be recognized globally as a leading developer and provider of these standards, related technical information, and services. These efforts contribute to promoting public health and safety, supporting environmental protection and sustainability, and enhancing overall quality of life. ASTM's work also facilitates international, regional, and national commerce, strengthening the acceptance and use of their standards in diverse fields. Their dedication to high-quality standards and technical information is reflected in their charter and reflects their commitment to a global environment of international, regional, and national breadth.
Official website here: www.astm.org
Who is the CEO of American Society For Testing And Materials?
Katharine Morgan is the Principal Officer of American Society For Testing And Materials.
Official website here: www.astm.org
What is the revenue of American Society For Testing And Materials?
American Society For Testing And Materials's revenue in 2022 was $94,789,166.
Official website here: www.astm.org
Who are the executives of American Society For Testing And Materials and what are their salaries?
The average compensation at American Society For Testing And Materials during 2022 was $99,751. There are 331 employees and 30000 volunteers at American Society For Testing And Materials.
Here are 40 key members and their salaries:
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Official website here: www.astm.org
Where can I find the form 990 for American Society For Testing And Materials?
American Society For Testing And Materials's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.astm.org
Learn more at the official website: www.astm.org
Mission Statement of American Society For Testing And Materials
The American Society for Testing and Materials (ASTM) is a renowned organization that functions as a global hub for bringing together various stakeholders, including producers, users, consumers, and others, to collaborate on the development of voluntary consensus standards. This mission is driven by a commitment to promote public health and safety, support environmental sustainability, and enhance overall quality of life.
ASTM's primary objective is to be recognized as the leading developer and provider of high-quality voluntary consensus standards and related technical information. These standards play a vital role in ensuring the reliability of materials, products, systems, and services. By fostering international, regional, and national commerce, ASTM strengthens the acceptance and use of its standards in a diverse range of fields. The organization's dedication to developing and disseminating top-tier standards and technical information reflects its commitment to staying at the forefront of technological advancements and ever-evolving industries.
In essence, ASTM serves as a bridge between various sectors, facilitating the creation of consensuses that uphold public interests and set the benchmark for quality and safety. Their efforts contribute to the protection and sustainability of the environment while supporting the continuous improvement and innovation of materials, products, and services.
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Impact
October, 2024
The American Society for Testing and Materials (ASTM) plays a crucial role in shaping standards that enhance product quality, public safety, and overall quality of life across various industries. Founded in 1898, ASTM fosters collaboration among a diverse group of stakeholders—including producers, consumers, and governmental entities—to create and revise voluntary consensus standards. These standards are essential building blocks of international trade, ensuring that products meet specific quality and safety benchmarks.
ASTM’s impact is evident in its development of over 170 new standards in 2022 alone, supporting emerging technologies and areas such as environmental risk management, consumer safety, and healthcare innovations. By addressing issues ranging from drinking water quality to the integrity of commercial spaceflight, ASTM aligns its standards with contemporary challenges and advancements, promoting public health and safety while bolstering consumer confidence.
Beyond standard development, ASTM also provides training, certification programs, and proficiency testing to help industries effectively implement these standards. This comprehensive approach facilitates reliable materials, products, and services, driving innovation and ensuring that businesses can navigate the complexities of commerce on national and international levels. Overall, ASTM's contributions are integral to enhancing the safety, efficacy, and sustainability of various sectors, thereby helping the world work better.
This information is meant to be a general summary of American Society For Testing And Materials. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,780,497
- Program Service Revenue: $91,222,591
- Gross Receipts: $333,385,326
Assets and Liabilities:
- Total Assets: $439,406,422
- Total Liabilities: $27,352,724
- Net Assets: $412,053,698
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PUBLICATIONS SALES
Revenue
$71,656,041
LABORATORY/RESEARCH SERVICES
Revenue
$13,991,600
ADVANCED MANUFACTURING
Revenue
$2,572,492
MEMBERS' ADMINISTRATIVE FEES
Revenue
$2,002,543
TECH/PROF TRNG & SYMPOSIA WRKSHP
Revenue
$994,915
Organization Details
Founding Year
1898
Phone
(610) 832-9540Principal Officer
Katharine Morgan
Main Address
100 BARR HARBOR DRIVE, WEST CONSHOHOCKEN, PA, 194282959
Website
www.astm.orgNTEE Category
Code: U400 - Science research
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