Intelligent Transportation Society Of America
- Assets
- $6.4m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 22
- Location
- Washington, DC
- Founding
- 11/1990
- Data as of
- 12/2022
- EIN
- 52-1702822
Organization Overview
Intelligent Transportation Society Of America, operating under the name Its America, is located in Washington, DC. The organization was established in 1990. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2022, Its America employed 22 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Its America 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 12/2022, Its America generated $3.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $4.6m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 8 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
TO ADVANCE THE RESEARCH AND DEPLOYMENT OF INTELLIGENT TRANSPORTATION TECHNOLOGIES TO SAVE LIVES, IMPROVE MOBILITY, PROMOTE SUSTAINABILITY, AND INCREASE EFFICIENCY AND PRODUCTIVITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC POLICY: TO SHAPE ITS AMERICA'S LEGISLATIVE PRIORITIES AND SUPPORT ASSOCIATION EFFORTS TO ACHIEVE ITS PRIORITIES THROUGH EDUCATION AND ADVOCACY. THE PUBLIC POLICY DEPARTMENT ADDRESSES FOUNDATIONAL ISSUES SUCH AS FUNDING FOR TRANSPORTATION AND TECHNOLOGY DEVELOPMENT, SMART CITIES TRANSPORTATION INITIATIVES, BROAD RESEARCH AND DEVELOPMENT AND LARGER PROGRAMS ADDRESSING INNOVATION. THE PUBLIC POLICY DEPARTMENT ALSO ADDRESSES THE BUSINESS CHALLENGES AND OPPORTUNITIES AS A PART OF LARGER INITIATIVES.
TECHNICAL PROGRAMS: ITS AMERICA SUPPORTS THE FEDERAL HIGHWAY ADMINISTRATION, OTHER ORGANIZATIONS, AND THE TRANSPORTATION INDUSTRY BY PROVIDING RESEARCH AND INDUSTRY UPDATES.
CONFERENCE AND EDUCATION: ITS AMERICA, IN A LICENSING PARTNERSHIP WITH A THIRD PARTY, SPONSORS AN ANNUAL CONFERENCE TWO OUT OF EVERY THREE YEARS, AND AN INTERNATIONAL WORLD CONGRESS EVERY THREE YEARS. THE ANNUAL CONFERENCE AND WORLD CONGRESS BRING TOGETHER TRANSPORTATION EXPERTS FROM GOVERNMENTAL BODIES, PRIVATE SECTOR FIRMS, AND RESEARCH AND ACADEMIC INSTITUTIONS. IN ADDITION TO THE ANNUAL CONFERENCE AND WORLD CONGRESS, ITS AMERICA ORGANIZES SMALLER EVENTS THROUGHOUT EACH YEAR WITH MEMBERS AND OTHER INDUSTRY PARTICIPANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monali Shah Chair | OfficerTrustee | 1 | $0 |
Joanna Pinkerton Vice Chair | OfficerTrustee | 1 | $0 |
Seleta Reynolds Secretary | OfficerTrustee | 1 | $0 |
Chris Armstrong Treasurer | OfficerTrustee | 1 | $0 |
Paul Ajegba Pe Director | Trustee | 1 | $0 |
John Barton Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cig Data Exchange | 12/30/21 | $146,000 |
Wiley Rein Llp Legal Fees | 12/30/21 | $365,726 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,946,809 |
| Investment income | $118,328 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $429,955 |
| 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 | $3,514,009 |
| 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. | $615,644 |
| Compensation of current officers, directors, key employees. | $230,034 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,095,885 |
| Pension plan accruals and contributions | $61,976 |
| Other employee benefits | $129,015 |
| Payroll taxes | $195,697 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $101,729 |
| Fees for services: Accounting | $31,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,514 |
| Fees for services: Other | $237,834 |
| Advertising and promotion | $899 |
| Office expenses | $102,028 |
| Information technology | $141,394 |
| Royalties | $0 |
| Occupancy | $246,869 |
| Travel | $153,466 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $320,318 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,770 |
| Insurance | $25,611 |
| All other expenses | $0 |
| Total functional expenses | $4,604,341 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $313,040 |
| Savings and temporary cash investments | $3,265,550 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $289,804 |
| 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 | $30,409 |
| Net Land, buildings, and equipment | $360,412 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,141,610 |
| Total assets | $6,400,825 |
| Accounts payable and accrued expenses | $458,616 |
| Grants payable | $0 |
| Deferred revenue | $30,250 |
| 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 | $16,116 |
| Other liabilities | $2,583,030 |
| Total liabilities | $3,088,012 |
| Net assets without donor restrictions | $3,312,813 |
| 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 | $6,400,825 |