The American Assn Of Teachers Of Spanish And Portuguese Inc
- Assets
- $3.7m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 13
- Location
- Chesterton, IN
- Founding
- 04/1953
- Data as of
- 12/2021
- EIN
- 35-6004948
Organization Overview
The American Assn Of Teachers Of Spanish And Portuguese Inc is located in Chesterton, IN. The organization was established in 1953. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, American Assn Of Teachers Of Spanish And Portuguese Inc employed 13 individuals. This organization is the central organization for a national or regional group of organizations. American Assn Of Teachers Of Spanish And Portuguese 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 12/2021, American Assn Of Teachers Of Spanish And Portuguese Inc generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.2%) 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
PROMOTE, DEVELOP AND ADVANCE, THROUGH RESEARCH, EXCHANGE OF INFORMATION AND ACTIVITIES, THE STUDY AND TEACHING OF HISPANIC AND RELATED LANGUAGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMERICAN ASSOCIATION OF TEACHERS OF SPANISH AND PORTUGUESE NATIONAL OFFICE AND LOCAL CHAPTERS PROVIDE MEMBER BENEFITS LIKE PUBLICATIONS, CONFERENCES AND WORKSHOPS TO PROMOTE AND ADVOCATE FOR THE STUDY OF HISPANIC AND RELATED LANGUAGES. THE SOCIEDAD HONORARIA HISPANICA AND SOCIEDAD HISPANICA DE AMISTAD, HONOR SOCIETIES FOR SCHOOL STUDENTS ENROLLED IN SPANISH, PROMOTE ACTIVITIES AND THE STUDY OF HISPANIC AND RELATED LANGUAGES.
NATIONAL SPANISH EXAMINATIONS - THE AATSP DEVELOPS AND ADMINISTERS AN ONLINE STANDARDIZED TEST FOR GRADES 6-12 TO MEASURE PROFICIENCY AND ACHIEVEMENT OF STUDENTS STUDYING SPANISH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Greenman Nse Director | OfficerTrustee | 40 | $87,250 |
Maria Carreira Executive Di | OfficerTrustee | 40 | $72,115 |
Sheri Spaine Long Executive Di | OfficerTrustee | 40 | $57,552 |
Ben Frasier Editor Of Hi | Trustee | 2 | $20,000 |
Kelly Scheetz Director Of | Trustee | 2 | $19,200 |
Sybil Sanchez-Jacome Secondary 9 | Trustee | 2 | $3,100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,721 |
| Investment income | $155,980 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,658,069 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $112,103 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $185,795 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $344,377 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $36,220 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,252 |
| Fees for services: Accounting | $14,876 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,510 |
| Advertising and promotion | $3,481 |
| Office expenses | $72,665 |
| Information technology | $12,929 |
| Royalties | $0 |
| Occupancy | $69,548 |
| Travel | $43,978 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $132,844 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,479 |
| Insurance | $7,401 |
| All other expenses | $0 |
| Total functional expenses | $1,389,565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,321,775 |
| Savings and temporary cash investments | $102,399 |
| 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 |
| Investments—publicly traded securities | $2,245,551 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,505 |
| Total assets | $3,689,993 |
| Accounts payable and accrued expenses | $2,694 |
| 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 | $0 |
| Total liabilities | $2,694 |
| 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 | $3,687,299 |