Federation Of State Massage Therapy Boards
- Assets
- $16.8m
- Revenue
- $5.9m
- Investments
- $500.0k
- Employees
- 18
- Location
- Overland Park, KS
- Founding
- 12/2005
- Data as of
- 06/2022
- EIN
- 37-1515680
Organization Overview
Federation Of State Massage Therapy Boards is located in Overland Park, KS. The organization was established in 2005. According to its NTEE Classification (G03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2022, Federation Of State Massage Therapy Boards employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Federation Of State Massage Therapy Boards 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 06/2022, Federation Of State Massage Therapy Boards generated $5.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $4.0m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY EXEMPT PURPOSE OF THE FEDERATION IS TO SUPPORT ITS MEMBER BOARDS IN THEIR WORK TO ENSURE THAT THE PRACTICE OF MASSAGE THERAPY IS PROVIDED TO THE PUBLIC IN A SAFE AND COMPETENT MANNER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE EDUCATION, SERVICES, AND GUIDANCE TO MEMBER BOARDS THAT HELP THEM FULFILL THEIR STATUTORY, PROFESSIONAL, PUBLIC, AND ETHICAL OBLIGATIONS IN THE EFFICIENT AND EFFECTIVE REGULATION OF LICENSED PROFESSIONALS. SUCH SERVICES FACILITATE ASSURANCE THAT REGULATORY BOARDS UNDERSTAND AND ADHERE TO THEIR PUBLIC PROTECTION ROLES AND RESPONSIBILITIES IN REGULATING THE PROFESSION AND SUPPORTS THE ABILITIES OF GOVERNMENT TO ACT ON BEHALF OF THE PUBLIC. IMPROVE THE STANDARDS OF MASSAGE THERAPY EDUCATION, LICENSURE, AND PRACTICE THROUGH COOPERATION WITH ENTITIES THAT SHARE THE OBJECTIVE, INCLUDING OTHER MASSAGE THERAPY ORGANIZATIONS, ACCREDITED AGENCIES, GOVERNMENTAL BODIES, AND GROUPS WHOSE AREAS OF INTEREST MAY COINCIDE WITH THOSE OF MEMBER BOARDS. ESTABLISHMENT AND REINFORCEMENT OF SUCH STANDARDS SUPPORT COMMON SENSE STATE REGULATIONS OF THE PROFESSION THROUGH LEGISLATIVELY ENACTED STATUTES.
ENSURE THE PROVISION OF A VALID, RELIABLE LICENSING EXAMINATION TO DETERMINE ENTRY LEVEL COMPETENCE FOR LICENSURE IN THE INTEREST OF THE PROTECTION OF HEALTH, SAFETY, AND WELFARE OF THE PUBLIC. THIS PROGRAM REINFORCES CONSUMER BENEFITS BY ACCESSING ENFORCEMENT, DUE PROCESS AND PROTECTION MECHANISMS THROUGH GOVERNMENT INVOLVEMENT, EMPOWERMENT, AND AUTHORITY, WHILE REDUCING THE BURDEN ON GOVERNMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Persinger Executive Director | Officer | 40 | $471,135 |
Craig Knowles President | OfficerTrustee | 10 | $0 |
Charlene Russell Vice President | OfficerTrustee | 8 | $0 |
Sandra Anderson Treasurer | OfficerTrustee | 8 | $0 |
David Cox Immediate Past President | OfficerTrustee | 8 | $0 |
Robin Alexander Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ncs Pearson Exam Delivery Fees | 6/29/22 | $990,979 |
Deg Digital Database Support/maintenance | 6/29/22 | $142,557 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $89,440 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $94,540 |
| Total Program Service Revenue | $5,221,589 |
| Investment income | $255,616 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $53,100 |
| Net Gain/Loss on Asset Sales | $87,295 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $131,794 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,854,656 |
| 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. | $504,619 |
| Compensation of current officers, directors, key employees. | $201,700 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $844,714 |
| Pension plan accruals and contributions | $63,445 |
| Other employee benefits | $138,800 |
| Payroll taxes | $86,456 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $70,754 |
| Fees for services: Accounting | $65,289 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,349 |
| Fees for services: Other | $79,848 |
| Advertising and promotion | $59,614 |
| Office expenses | $47,756 |
| Information technology | $264,842 |
| Royalties | $0 |
| Occupancy | $354,879 |
| Travel | $150,761 |
| 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 | $221,295 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,041,126 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,553,457 |
| 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 | $59,303 |
| Investments—publicly traded securities | $12,327,552 |
| Investments—other securities | $500,000 |
| Investments—program-related | $0 |
| Intangible assets | $1,281,305 |
| Other assets | $40,805 |
| Total assets | $16,762,422 |
| Accounts payable and accrued expenses | $0 |
| 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 | $9,006 |
| Total liabilities | $9,006 |
| Net assets without donor restrictions | $16,753,416 |
| 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 | $16,762,422 |