American Society Of Military Comptrollers is located in Alexandria, VA. The organization was established in 1980. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, American Society Of Military Comptrollers employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Society Of Military Comptrollers 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 06/2020, American Society Of Military Comptrollers generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.7%) each year. All expenses for the organization totaled $2.5m during the year ending 06/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
ASMC PROMOTES EDUCATION AND TRAINING OF ITS MEMBERS AND DEVELOPMENT OF THE PROFESSION OF MILITARY COMPTROLLERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROFESSIONAL DEVELOPMENT INSTITUTE SYMPOSIUM TO PROVIDE TRAINING WORKSHOPS FOR MEMBERS
CERTIFIED DEFENSE FINANCIAL MANAGER PROGRAM
MEMBERSHIP SERVICES AND SUPPORT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Al Runnels Executive Director (end Nov 2021) | Officer | 40 | $263,257 |
Elizabeth A Martin-Long Deputy Director | 40 | $142,117 | |
Phara G Rodrigue Director Of Certification | 40 | $122,732 | |
Richard Brady Chief Exec. Officer (start Nov 2021) | Officer | 40 | $25,962 |
Deanna Randolph Secretary | OfficerTrustee | 1 | $0 |
Audrey Davis President - Usmc | OfficerTrustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Imn Solutions Run Our Education Department | 6/29/22 | $303,308 |
Eventpower Llc Virtual Hosting | 6/29/22 | $113,935 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $116,998 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $64,580 |
Net Rental Income | $43,167 |
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 | $1,415,687 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $42,600 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $216,968 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $903,823 |
Pension plan accruals and contributions | $31,312 |
Other employee benefits | $101,596 |
Payroll taxes | $81,105 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,820 |
Fees for services: Accounting | $62,688 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $279,065 |
Advertising and promotion | $1,802 |
Office expenses | $258,622 |
Information technology | $121,528 |
Royalties | $0 |
Occupancy | $0 |
Travel | $15,509 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $205,492 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $15,107 |
Insurance | $26,682 |
All other expenses | $0 |
Total functional expenses | $2,497,791 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $151,671 |
Savings and temporary cash investments | $5,372,586 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $61,938 |
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 | $51,956 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,000 |
Total assets | $7,380,152 |
Accounts payable and accrued expenses | $381,721 |
Grants payable | $0 |
Deferred revenue | $471,355 |
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 | $6,460 |
Total liabilities | $859,536 |
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 | $6,520,616 |
Over the last fiscal year, American Society Of Military Comptrollers has awarded $16,682 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
San Antonio, TX PURPOSE: LAS VEGAS SHOOTING VICTIMS ASSISTANCE | $16,344 |
Washington, DC PURPOSE: SUPPORT FOR MILITARY PERSONNEL | $338 |
Organization Name | Assets | Revenue |
---|---|---|
Amt-The Association For Manufacturing Technology Mclean, VA | $46,538,427 | $7,983,774 |
Personal Care Products Council Washington, DC | $26,566,920 | $19,071,135 |
American Hotel & Lodging Association Directory Corporation Washington, DC | $39,158,961 | $23,973,024 |
Nashville Convention & Visitors Bureau Nashville, TN | $15,667,602 | $21,623,147 |
Responsible Business Alliance Inc Alexandria, VA | $17,217,182 | $20,384,843 |
Asis International Inc Alexandria, VA | $27,323,586 | $13,144,142 |
National Institute For Automotive Service Exellence Leesburg, VA | $25,163,895 | $18,755,834 |
International Masonry Institute Bowie, MD | $25,662,049 | $19,254,775 |
Association For Financial Professionals Inc Bethesda, MD | $30,134,135 | $15,069,162 |
Portland Cement Association Alexandria, VA | $21,852,055 | $18,216,465 |
American College Of Radiology Association Reston, VA | $28,168,186 | $16,951,008 |
Plastics Industry Association Inc Washington, DC | $19,265,703 | $12,261,158 |