American Translators Association Inc
- Assets
- $3.5m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 11
- Location
- Alexandria, VA
- Founding
- 07/1963
- Data as of
- 06/2021
- EIN
- 13-6110863
Organization Overview
American Translators Association Inc is located in Alexandria, VA. The organization was established in 1963. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, American Translators Association Inc employed 11 individuals. This organization is the central organization for a national or regional group of organizations. American Translators 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 06/2021, American Translators Association Inc generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $2.4m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 6 years. 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
TO BENEFIT TRANSLATORS AND INTERPRETERS BY PROMOTING RECOGNITION OF THEIR SOCIETAL VALUE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES - A FOUR-DAY INTERNATIONAL EVENT OFFERING LANGUAGE PROFESSIONALS MORE THAN 150 CONTINUING EDUCATION SESSIONS, SEMINARS, AND WORKSHOPS.
CERTIFICATION - A TESTING MECHANISM DESIGNED TO ESTABLISH A STANDARD OF PROFICIENCY IN LANGUAGE TRANSLATION.
MEMBERSHIP SERVICES - MEMBERSHIP PROVIDES RIGHTS AND BENEFITS TO INDIVIDUALS AND ORGANIZATIONS THAT JOIN AND AGREE TO ABIDE BY A CODE OF ETHICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walter W Bacak Jr Executive Director | Officer | 35 | $213,000 |
Roshan Pokharel It Manager | 35 | $160,600 | |
Kirk Lawson Accounting Manager | 35 | $125,500 | |
Teresa Kelly Website Manager | 35 | $120,000 | |
Adrian Aleckna Professional Development Manager | 35 | $106,325 | |
Mary David Assistant Executive Dire Membership And Communications | 35 | $103,700 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hyatt Regency San Francisco Meeting/event Space | 6/29/17 | $378,012 |
Eventlink Llc Audio Visual | 6/29/17 | $113,131 |
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 | $14,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,000 |
| Total Program Service Revenue | $2,361,479 |
| Investment income | $31,862 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $13,145 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,794 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,418,882 |
| 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. | $225,780 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,008,142 |
| Pension plan accruals and contributions | $58,809 |
| Other employee benefits | $59,188 |
| Payroll taxes | $78,002 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $39,142 |
| Fees for services: Accounting | $23,296 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $82,917 |
| Advertising and promotion | $31,608 |
| Office expenses | $51,670 |
| Information technology | $97,448 |
| Royalties | $0 |
| Occupancy | $143,347 |
| Travel | $6,371 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $199,982 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,000 |
| Insurance | $11,044 |
| All other expenses | $10,365 |
| Total functional expenses | $2,385,301 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $971,281 |
| 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 | $75,353 |
| Net Land, buildings, and equipment | $60,805 |
| Investments—publicly traded securities | $2,350,361 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,516 |
| Total assets | $3,483,316 |
| Accounts payable and accrued expenses | $243,498 |
| Grants payable | $0 |
| Deferred revenue | $1,464,437 |
| 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 | $40,139 |
| Total liabilities | $1,748,074 |
| Net assets without donor restrictions | $1,735,242 |
| 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 | $3,483,316 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Association For Clinical Chemistry Inc Washington, DC | $31,632,986 | $18,150,460 |
Susan B Anthony List Inc Arlington, VA | $6,109,204 | $16,065,131 |
Aids United Washington, DC | $16,240,693 | $19,019,266 |
Media Matters For America Washington, DC | $25,734,430 | $18,794,929 |
Connected Nation Inc Bowling Green, KY | $5,021,239 | $16,572,653 |
Appletree Institute For Education Innovation Inc Washington, DC | $11,136,365 | $16,950,350 |
North Raleigh Christian Academy Raleigh, NC | $50,620,236 | $15,888,714 |
National Association Of State Procurement Officials Lexington, KY | $137,920,901 | $31,374,950 |
Seton Home Study School Front Royal, VA | $19,128,742 | $13,590,541 |
Instruction Partners Nashville, TN | $7,038,441 | $15,858,376 |
Association Of Schools And Programs Of Public Health Inc Washington, DC | $11,824,583 | $12,542,035 |
Read Foundation Memphis, TN | $15,946,000 | $13,611,845 |