American Society For Training And Development
- Assets
- $53.9m
- Revenue
- $50.6m
- Investments
- $6.4m
- Employees
- 184
- Location
- Alexandria, VA
- Founding
- 09/1977
- Data as of
- 12/2019
- EIN
- 39-0852310
Organization Overview
American Society For Training And Development, operating under the name Association For Talent Development, is located in Alexandria, VA. The organization was established in 1977. According to its NTEE Classification (J03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Employment and related organizations. As of 12/2021, Association For Talent Development employed 184 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Association For Talent Development 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 12/2019, Association For Talent Development generated $50.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $47.5m during the year ending 12/2019. While expenses have increased by 6.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MEMBERSHIP BENEFITS, CONTENT AND RESOURCES TO TALENT DEVELOPMENT PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL PROGRAMS: THIS DEPARTMENT CONSTRUCTS AND DELIVERS THE EDUCATIONAL CONTENT FOR CONFERENCE, SEMINARS, WORKSHOPS, AND IN-COMPANY TRAINING ON ALL ASPECTS OF TRAINING DEVELOPMENT AND PERFORMANCE ISSUES.
CONFERENCES & EXPOSITIONS: ASTD'S CONFERENCES, EXPOSITIONS, AND SEMINARS PROVIDED THE MOST CURRENT INFORMATION, ALONG WITH COLLABORATIVE ACTIVITIES FOR ATTENDEES FROM AROUND THE WORLD. THE ANNUAL ASTD INTERNATIONAL CONFERENCE AND EXPOSITION IS THE PREEMINENT WORLD FORUM FOR PRESENTATION AND DISCUSSION OF NEW ISSUES AND PRACTICES IN LEARNING AND PERFORMANCE. THE ASTD TECHKNOWLEDGE CONFERENCE AND EXPOSITION BRINGS TOGETHER THE WORLDS OF TECHNICAL TRAINING AND LEARNING TECHNOLOGIES INTO ONE VENUE.
SALES AND MARKETING:PUBLIC AWARENESS TRAINING AND DEVELOPMENT TOUCHES ALL BUSINESSES LARGE AND SMALL, PUBLIC AND PRIVATE. THIS DEPARTMENT STRIVES TO FURTHER EXPAND THE AWARENESS OF TRAINING AND ISSUES DEVELOPMENT TO A BROADER MARKET
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Bingham President & CEO | Officer | 39 | $2,161,264 |
Amanda Miller Sr Dir, Sales & Strategic Partnerships | 40 | $331,857 | |
Jennifer Corsini Vice President | 40 | $314,976 | |
Courtney Vital Vice President, Learning | 40 | $290,155 | |
Jeana Chun Senior Account Executive | 40 | $231,850 | |
Adedamola St Daniels Director, Technology | 40 | $214,765 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Freeman Conference Services | 12/30/21 | $1,336,490 |
Insync Training Llc Education Partner | 12/30/21 | $1,310,035 |
Executive Speakers Bureau Speaker Bureau | 12/30/21 | $387,250 |
Ricoh Usa Inc It Services | 12/30/21 | $370,371 |
Digital Mobile Innovations Llc Digital Transformation Services | 12/30/21 | $371,971 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,233,937 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,233,937 |
| Total Program Service Revenue | $39,065,615 |
| Investment income | $534,524 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $523,801 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $25 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $50,560,352 |
| 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. | $1,474,069 |
| Compensation of current officers, directors, key employees. | $498,011 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,196,063 |
| Pension plan accruals and contributions | $360,580 |
| Other employee benefits | $1,419,667 |
| Payroll taxes | $1,022,202 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $114,896 |
| Fees for services: Accounting | $66,121 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $66,708 |
| Fees for services: Other | $4,981,869 |
| Advertising and promotion | $2,821,973 |
| Office expenses | $437,980 |
| Information technology | $2,240,558 |
| Royalties | $143,979 |
| Occupancy | $1,150,921 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,608,549 |
| Interest | $461 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,661,415 |
| Insurance | $135,888 |
| All other expenses | $43,126 |
| Total functional expenses | $47,510,539 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,753,480 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,762,021 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $933,908 |
| Prepaid expenses and deferred charges | $3,425,411 |
| Net Land, buildings, and equipment | $3,968,036 |
| Investments—publicly traded securities | $12,001,741 |
| Investments—other securities | $6,434,646 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,635,278 |
| Total assets | $53,914,521 |
| Accounts payable and accrued expenses | $4,860,777 |
| Grants payable | $0 |
| Deferred revenue | $12,433,934 |
| 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 | $722,143 |
| Total liabilities | $18,016,854 |
| Net assets without donor restrictions | $35,897,667 |
| 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 | $53,914,521 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Society For Training And Development Alexandria, VA | $53,914,521 | $50,560,352 |
National Music Publishers Assn Inc Washington, DC | $25,614,818 | $15,783,799 |
American Investment Council Washington, DC | $10,621,269 | $18,334,607 |
American Occupational Therapy Association Inc North Bethesda, MD | $36,395,415 | $20,998,534 |
West Virginia Association Of Rehabilitation Facilities Inc Charleston, WV | $5,842,851 | $18,678,940 |
American Staffing Association Alexandria, VA | $16,340,817 | $11,976,262 |
The Corps Network Washington, DC | $4,228,132 | $9,184,608 |
Springboard 2000 Enterprises Inc Mclean, VA | $1,407,030 | $2,082,729 |
Ase Education Foundation Leesburg, VA | $2,866,454 | $1,820,182 |
Employee Assistance Professionals Association Inc Arlington, VA | $935,810 | $1,325,108 |
Women Business Collaborative Washington, DC | $1,109,643 | $1,583,362 |
Association Of Womens Business Centers Washington, DC | $509,580 | $1,225,444 |