Asca Foundation
- Assets
- $7.7m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 24
- Location
- Alexandria, VA
- Founding
- 01/1976
- Data as of
- 12/2023
- EIN
- 86-0307698
Organization Overview
Asca Foundation is located in Alexandria, VA. The organization was established in 1976. According to its NTEE Classification (G9B) the organization is classified as: Surgical Specialties, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2023, Asca Foundation employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asca Foundation 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 12/2023, Asca Foundation generated $4.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $3.9m during the year ending 12/2023. While expenses have increased by 2.2% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION AND TRAINING FOR AMBULATORY SURGERY CENTER PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONFERENCE: CONDUCTS AN ANNUAL CONFERENCE FOR THE AMBULATORY SURGERY CENTER COMMUNITY WITH WORKSHOPS AND VARIOUS OTHER INFORMATIVE EDUCATIONAL SESSIONS, EVENTS, AND EXHIBITS. IN 2023 THE CONFERENCE TOOK PLACE IN LOUISVILLE, KY AND HAD TOTAL ATTENDANCE OF 960 WITH 187 EXHIBITORS AND 29 SPONSORS.
PUBLICATIONS AND SURVEYS: PROVIDES THE ASC COMMUNITY WITH A VARIETY OF DIGITAL AND PRINT PUBLICATIONS.
SEMINARS AND WEBINARS: EDUCATIONAL SEMINARS, WEBINARS AND ONLINE TRAINING SERIES PROVIDED TO THE AMBULATORY SURGERY COMMUNITY TO ASSIST IN THEIR ABILITY TO PROVIDE QUALITY AMBULATORY SURGERY SERVICES IN A COST-EFFECTIVE MANNER. IN 2023 THE ORGANIZATION HOSTED AN IN-PERSON WINTER CODING SEMINAR WITH 238 ATTENDEES; THREE VIRTUAL SEMINARS WITH 463 REGISTRANTS; AND 10 WEBINARS WITH 1587 REGISTRANTS.
OUTREACH: COMMUNICATES INFORMATION ABOUT DEVELOPMENTS AFFECTING AMBULATORY SURGERY CENTERS (ASC) TO THE ASC COMMUNITY AND PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Patterson Imm. Past President | OfficerTrustee | 2 | $0 |
Amanda Hawkins President | OfficerTrustee | 2 | $0 |
Joleen Harrison Vice President - Until 05/2023 | OfficerTrustee | 2 | $0 |
Mark Wainner Vice President - As Of 05/2023 | OfficerTrustee | 2 | $0 |
Gary Richberg Treasurer | OfficerTrustee | 2 | $0 |
Tyler Marks Secretary | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Blue House Sales Group Llc Sales Commission | 12/30/20 | $188,749 |
Freeman Platform Services | 12/30/20 | $128,455 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $430,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $529,550 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $959,550 |
| Total Program Service Revenue | $2,755,998 |
| Investment income | $140,027 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $130,885 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $25,508 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,510,743 |
| 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. | $611,641 |
| Compensation of current officers, directors, key employees. | $398,128 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $619,507 |
| Pension plan accruals and contributions | $49,098 |
| Other employee benefits | $79,198 |
| Payroll taxes | $72,922 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,846 |
| Fees for services: Accounting | $129,874 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $30,511 |
| Fees for services: Other | $87,851 |
| Advertising and promotion | $16,714 |
| Office expenses | $97,315 |
| Information technology | $55,060 |
| Royalties | $1,270 |
| Occupancy | $23,721 |
| Travel | $135,544 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,377,097 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,086 |
| Insurance | $8,556 |
| All other expenses | $0 |
| Total functional expenses | $3,866,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $207,787 |
| Savings and temporary cash investments | $403,669 |
| Pledges and grants receivable | $430,000 |
| Accounts receivable, net | $63,831 |
| 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 | $509,168 |
| Net Land, buildings, and equipment | $80,660 |
| Investments—publicly traded securities | $4,174,148 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,791,259 |
| Total assets | $7,660,522 |
| Accounts payable and accrued expenses | $382,614 |
| Grants payable | $0 |
| Deferred revenue | $644,448 |
| 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 | $698,071 |
| Total liabilities | $1,725,133 |
| Net assets without donor restrictions | $5,935,389 |
| 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 | $7,660,522 |