American Society Of Interior Designers Educational Foundation I
- Assets
- $5.0m
- Revenue
- $310.4k
- Investments
- $0.0
- Employees
- 10
- Location
- Washington, DC
- Founding
- 06/1977
- Data as of
- 09/2021
- EIN
- 13-2852954
Organization Overview
American Society Of Interior Designers Educational Foundation I is located in Washington, DC. The organization was established in 1977. 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 09/2021, American Society Of Interior Designers Educational Foundation I employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Society Of Interior Designers Educational Foundation I 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 09/2021, American Society Of Interior Designers Educational Foundation I generated $310.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $136.1k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Society Of Interior Designers Educational Foundation I has awarded 40 individual grants totaling $935,917. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ASID FOUNDATION SUPPORTS INTERIOR DESIGN EDUCATION INITIATIVE, FUNDS INDUSTRY RESEARCH, EXPANDS EDUCATION FOR THE INTERIOR DESIGN COMMUNITY AND FUNDS SCHOLARSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES GRANTS AND SCHOLARSHIPS FOR THE COLLECTION, EXPANSION, AND DISSEMINATION OF AN INTERIOR DESIGN EVIDENCE-BASED BODY OF KNOWLEDGE, AND SCHOLARSHIPS THAT RECOGNIZE PROSPECTIVE AND CURRENT CONTRIBUTIONS TO THE INTERIOR DESIGN PROFESSION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Fiser Former CEO | 1 | $20,980 | |
James Black VP Finance And Administration | 2 | $5,741 | |
Carolyn Noble Chair | OfficerTrustee | 1 | $0 |
Gary Wheeler CEO | Officer | 1 | $0 |
John Cialone Trustee | Trustee | 1 | $0 |
Ken Wilson Trustee | Trustee | 1 | $0 |
Financial Statements
| 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 | $81,666 |
| Noncash contributions included in lines 1a–1f | $1,624 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,666 |
| Total Program Service Revenue | $0 |
| Investment income | $88,138 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $140,575 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $310,379 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $42,250 |
| Grants and other assistance to domestic individuals. | $36,000 |
| 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 | $18,409 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,960 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,815 |
| Fees for services: Accounting | $1,380 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,257 |
| 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 | $66 |
| Total functional expenses | $136,137 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,096 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,964,169 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,560 |
| Total assets | $4,978,825 |
| Accounts payable and accrued expenses | $75 |
| 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 | $829,293 |
| Total liabilities | $829,368 |
| Net assets without donor restrictions | $333,810 |
| Net assets with donor restrictions | $3,815,647 |
| 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 | $4,978,825 |
Grants Awarded
Over the last fiscal year, American Society Of Interior Designers Educational Foundation I has awarded $40,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PERKINS & WILL PURPOSE: RESEARCH | $17,000 |
TREASURER OF VIRGINIA TECH - OFFICE OF SPONSORED PROGRAMS PURPOSE: RESEARCH | $10,000 |
HELLMUTH OBATA & KASSABAUM INC PURPOSE: RESEARCH | $8,000 |
COLORADO STATE UNIVERSITY PURPOSE: RESEARCH | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Society Of Interior Designers Educational Foundation I has recieved totaling $7,395.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $7,395 |
Endowment Analysis
| Beg. Balance | $3,389,361 |
| Earnings | $476,286 |
| Admin Expense | $50,000 |
| Ending Balance | $3,815,647 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Restaurant Association Washington, DC | $192,667,812 | $96,146,955 |
American Association Of State Highway & Transportation Officials Washington, DC | $177,160,624 | $97,013,353 |
American Beverage Association Washington, DC | $114,967,236 | $101,585,081 |
Credit Union National Association Inc Washington, DC | $67,388,582 | $69,543,852 |
Edison Electric Institute Washington, DC | $198,917,565 | $81,084,181 |
Investment Company Institute Washington, DC | $76,230,571 | $72,478,404 |
Packaging Machinery Manufacturers Institute Inc Herndon, VA | $71,869,344 | $62,733,082 |
Consumer Technology Association Arlington, VA | $357,760,838 | $25,474,279 |
National Retail Federation Inc Washington, DC | $44,909,805 | $48,694,616 |
American Psychiatric Association Washington, DC | $179,554,491 | $53,525,834 |
Mexican Haas Avocado Importers Association Fallston, MD | $10,238,623 | $43,648,629 |
Certified Financial Planner Board Of Standards Inc Washington, DC | $72,477,411 | $49,028,168 |