American Society For Nondestructive Testing Inc
- Assets
- $37.2m
- Revenue
- $8.0m
- Investments
- $0.0
- Employees
- 42
- Location
- Columbus, OH
- Founding
- 05/1988
- Data as of
- 06/2021
- EIN
- 31-1231529
Organization Overview
American Society For Nondestructive Testing Inc is located in Columbus, OH. The organization was established in 1988. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. As of 06/2022, American Society For Nondestructive Testing Inc employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Society For Nondestructive Testing 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 For Nondestructive Testing Inc generated $8.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $7.7m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Society For Nondestructive Testing Inc has awarded 51 individual grants totaling $930,000. 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
ASNT EXISTS TO CREATE A SAFER WORLD BY PROMOTING THE PROFESSION AND TECHNOLOGIES OF NONDESTRUCTIVE TESTING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JOURNALS AND NEWSLETTERS: MATERIALS EVALUATION, THE TECHNICIAN'S NEWS, THE ACHIEVEMENTS OF THE ORGANIZATION ARE THE PUBLICATION OF THE AND RESEARCH IN NONDESTRUCTIVE EVALUATION. THESE ARE DELIVERED MONTHLY OR QUARTERLY TO OVER 26,000 MEMBERS AND SUBSCRIBERS. THESE PUBLICATIONS DISCUSSED TECHNICAL INFORMATION AND ISSUES RELEVANT TO THE PROFESSION OF NONDESTRUCTIVE TESTING.
MEMBERSHIP SERVICES WERE PROVIDED TO 13,181 MEMBERS IN THE UNITED STATES AND FOREIGN COUNTRIES. THE AMERICAN SOCIETY FOR NONDESTRUCTIVE TESTING BESTOWS FELLOWSHIPS, FACULTY AND SCHOLARSHIP AWARDS ALONG WITH LECTURE AND HONOR AWARDS TO INDIVIDUALS AND INSTITUTIONS MAKING SIGNIFICANT CONTRIBUTIONS TO THE ADVANCEMENT OF NONDESTRUCTIVE TESTING. THE AMERICAN SOCIETY FOR NONDESTRUCTIVE TESTING ALSO PARTICIPATES IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) ACTIVITIES AT MULTIPLE TIMES A YEAR IN VARIOUS LOCATIONS IN THE UNITED STATES.
THE ORGANIZATION DEVELOPED AND SOLD EDUCATIONAL MATERIALS TO PROVIDE EDUCATION ON ALL FACETS OF NONDESTRUCTIVE TESTING (NDT) AND ESTABLISHED NDT PERSONNEL QUALIFICATIONS AND CERTIFICATION PROGRAMS. OVER 40,000 BOOKS WERE SOLD AND 32,370 CERTIFICATIONS WERE HELD BY 13,400 INDIVIDUALS. 6 PUBLICATIONS WERE PUBLISHED IN TAX YEAR 2021. 16 BOOKS ARE CURRENTLY UNDER DEVELOPMENT.
CONFERENCES AND LEARNING PROGRAMS WERE HELD TO EDUCATE AND UPDATE NDT PROFESSIONALS ON NDT AND TO PROVIDE A FORUM FOR AN EXCHANGE OF INFORMATION. SEVEN CONFERENCES WITH 220 PRESENTATIONS, 26 WORKSHOPS ON ELEVEN TOPICS, AND 19 WEBINARS WERE HELD SERVING 4,288 NDT PROFESSIONALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael V Mcgloin Chairperson Of The Board | Trustee | 5 | $0 |
John T Iman President | Trustee | 5 | $0 |
Danny L Keck Vice President | Trustee | 5 | $0 |
John Z Chen Secretary/treasurer | Trustee | 5 | $0 |
Joseph L Mackin Certification Management Commitee Chair | Trustee | 2 | $0 |
Ahmed Arabi Hassen Director At Large | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ncs Pearson Inc Exam Delivery/development | 6/29/22 | $371,125 |
Walsworth Publishing Company Printing, Inventory Storage, Fulfillment | 6/29/22 | $461,865 |
Delcor Technology Solutions Inc It Consulting | 6/29/22 | $248,246 |
Fed Ex Shipping | 6/29/22 | $166,564 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $770,952 |
| Investment income | $626,936 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $720,372 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $679,302 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,026,821 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $9,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $557,101 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,765,783 |
| Pension plan accruals and contributions | $143,866 |
| Other employee benefits | $504,400 |
| Payroll taxes | $224,312 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $90,880 |
| Fees for services: Accounting | $18,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $34,334 |
| Fees for services: Other | $0 |
| Advertising and promotion | $138,813 |
| Office expenses | $472,920 |
| Information technology | $342,766 |
| Royalties | $1,820 |
| Occupancy | $88,818 |
| Travel | $10,977 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $649,134 |
| Interest | $6,397 |
| Payments to affiliates | $75,090 |
| Depreciation, depletion, and amortization | $618,518 |
| Insurance | $46,122 |
| All other expenses | $0 |
| Total functional expenses | $7,669,442 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,062,468 |
| Savings and temporary cash investments | $238 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $249,669 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,170,512 |
| Prepaid expenses and deferred charges | $230,741 |
| Investments—publicly traded securities | $33,008,765 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $25,127 |
| Other assets | $24,810 |
| Total assets | $37,182,492 |
| Accounts payable and accrued expenses | $1,362,333 |
| Grants payable | $139,000 |
| Deferred revenue | $3,112,233 |
| 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 | $805,027 |
| Other liabilities | $0 |
| Total liabilities | $5,418,593 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $31,763,899 |
Grants Awarded
Over the last fiscal year, American Society For Nondestructive Testing Inc has awarded $120,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTHERN ILLINOIS UNIVERSITY CARBONDALE PURPOSE: FACULTY GRANT | $10,000 |
UNIVERSITY OF MARYLAND BALTIMORE COUNTY PURPOSE: RESEARCH GRANT | $20,000 |
PENNSYLVANIA STATE UNIVERSITY PURPOSE: RESEARCH GRANT | $20,000 |
NEW YORK UNIVERSITY PURPOSE: RESEARCH GRANT | $20,000 |
GEORGIA SOUTHERN UNIVERSITY PURPOSE: RESEARCH GRANT | $20,000 |
MICHIGAN STATE UNIVERSITY PURPOSE: RESEARCH GRANT | $20,000 |