International Association For Continuing Education & Training
- Assets
- $833.5k
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 9
- Location
- Sterling, VA
- Founding
- 03/1978
- Data as of
- 12/2022
- EIN
- 59-1773241
Organization Overview
International Association For Continuing Education & Training, operating under the name International Accreditors For Continuing Education And Training, is located in Sterling, VA. The organization was established in 1978. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2022, International Accreditors For Continuing Education And Training employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Accreditors For Continuing Education And Training 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, International Accreditors For Continuing Education And Training generated $1.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $2.2m during the year ending 12/2022. While expenses have increased by 10.1% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE GLOBAL WORKFORCE BY PROVIDING THE STANDARD FRAMEWORK FOR QUALITY LEARNING AND CONTINUING EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACCREDITATION AND COMMISSION: PROCESS OF REVIEWING COMPANIES ACROSS A VARIETY OF INDUSTRIES TO CONFIRM THE APPLYING COMPANY IS COMMITTED TO BEST PRACTICES IN ADULT LEARNING AND PROFESSIONAL TRAINING BY SUCCESSFULLY MASTERING IACET'S RIGOROUS ACCREDITATION PROCESS ACCORDING TO THE ANSI/IACET 1-2018 STANDARD.
MEETINGS AND WORKSHOPS: ACCREDITATION WORKSHOPS OCCUR SEVERAL TIMES PER YEAR AND ASSIST ORGANIZATIONS IN PREPARING FOR THE APPLICATION PROCESS. THE OPEN DIGITAL BADGE EXPERIENCE COURSE IS DESIGNED TO BE THE BEST SINGLE LEARNING OPPORTUNITY TO FILL THE BADGING KNOWLEDGE NICHE IN AN ADULT LEARNING ORGANIZATION. THE INSTRUCTIONAL DESIGN AND FACILITATION FOR ADULT LEARNING SEMINAR PROVIDES A SUCCINCT AND POWERFUL TWO-DAY TRAINING PROGRAM THAT WILL PROVIDE EDUCATORS AND TRAINERS THE ABILITY TO IMMEDIATELY IMPROVE EDUCATION. ENHANCE ADULT TRAINING TECHNIQUES, AND PRODUCE A RETURN ON INVESTMENT. IN ADDITION IACET'S ANNUAL CONFERENCE CENTERED AROUND CONTINUING EDUCATION IS A WAY FOR ACCREDITED PROVIDERS TO REMAIN UPDATED ON THE NEWEST TRAINING CONCEPTS FOR BETTER INSTRUCTION.
OPERATING COSTS/ASSOCIATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cassandra Blassingame CEO | Officer | 40 | $205,135 |
Randall Bowman Chief Information Officer | Officer | 40 | $121,829 |
Kristopher Newbauer Iacet Chair | OfficerTrustee | 1 | $0 |
Paula Horowitz Secretary | OfficerTrustee | 1 | $0 |
Laura Foxx Treasurer | OfficerTrustee | 1 | $0 |
Leigha Jansen Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Formerly Coulter Companies Management Services | 9/29/16 | $350,688 |
Drohan Management Group Management Services | 9/29/16 | $153,049 |
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 | $1,548,521 |
| Investment income | $18,564 |
| 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 | $1,582,191 |
| 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. | $326,964 |
| Compensation of current officers, directors, key employees. | $73,567 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $414,604 |
| Pension plan accruals and contributions | $22,665 |
| Other employee benefits | $0 |
| Payroll taxes | $87,224 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,960 |
| Fees for services: Accounting | $24,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,047 |
| Fees for services: Other | $0 |
| Advertising and promotion | $135,979 |
| Office expenses | $16,034 |
| Information technology | $116,722 |
| Royalties | $0 |
| Occupancy | $75,994 |
| Travel | $198,390 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $166,943 |
| Interest | $14,382 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $142,704 |
| Total functional expenses | $2,170,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,499 |
| Savings and temporary cash investments | $15,367 |
| 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 | $29,444 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $757,204 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $833,514 |
| Accounts payable and accrued expenses | $104,843 |
| Grants payable | $0 |
| Deferred revenue | $272,576 |
| 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 | $377,419 |
| Net assets without donor restrictions | $456,095 |
| 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 | $833,514 |