Asca Foundation
- Assets
- $6.5m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 24
- Location
- Alexandria, VA
- Founding
- 01/1976
- Data as of
- 12/2021
- 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 12/2021, 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 12/2021, Asca Foundation generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 7 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
2021
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.
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.
OUTREACH: COMMUNICATES INFORMATION ABOUT DEVELOPMENTS AFFECTING AMBULATORY SURGERY CENTERS (ASC) TO THE ASC COMMUNITY AND PUBLIC.
PUBLICATIONS AND SURVEYS: PROVIDES THE ASC COMMUNITY WITH A VARIETY OF DIGITAL AND PRINT PUBLICATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Prentice Chief Executive Officer | Officer | 10 | $179,428 |
Gina Throneberry Director Of Education And Clinical Affairs | Officer | 30.4 | $129,880 |
John Greenwich Chief Financial Officer | Officer | 12 | $115,491 |
Shawn Bryant Director Of Meetings | 40 | $109,226 | |
Jason Hawkins Director Of Information Systems | 22 | $59,735 | |
Vera Bellfield Director Of Adminstration | 16 | $39,817 |
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 | $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 | $1,272,327 |
| Investment income | $25,604 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $112,681 |
| Net Rental Income | $121,333 |
| Net Gain/Loss on Asset Sales | $87,314 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,091,878 |
| 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. | $200,219 |
| Compensation of current officers, directors, key employees. | $200,219 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $776,390 |
| Pension plan accruals and contributions | $59,804 |
| Other employee benefits | $73,658 |
| Payroll taxes | $53,644 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,570 |
| Fees for services: Accounting | $57,583 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,655 |
| Fees for services: Other | $97,698 |
| Advertising and promotion | $19,496 |
| Office expenses | $30,494 |
| Information technology | $48,583 |
| Royalties | $1,980 |
| Occupancy | $56,267 |
| Travel | $3,940 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $138,325 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $168,203 |
| Insurance | $17,390 |
| All other expenses | $0 |
| Total functional expenses | $1,880,171 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $186,925 |
| Savings and temporary cash investments | $858,147 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $34,188 |
| 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 | $605,523 |
| Net Land, buildings, and equipment | $2,129,260 |
| Investments—publicly traded securities | $1,407,106 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,267,501 |
| Total assets | $6,488,650 |
| Accounts payable and accrued expenses | $628,108 |
| Grants payable | $0 |
| Deferred revenue | $904,052 |
| 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 | $20,370 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,552,530 |
| Net assets without donor restrictions | $4,936,120 |
| 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 | $6,488,650 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Society Of Cataract & Refractive Surgery Fairfax, VA | $11,891,572 | $16,090,211 |
Focused Ultrasound Foundation Charlottesville, VA | $44,071,388 | $8,886,317 |
American Academy Of Otolaryngology- Head And Neck Surgery Inc Alexandria, VA | $30,684,607 | $7,780,725 |
American Society Of Transplant Surgeons Arlington, VA | $4,321,288 | $6,243,973 |
American Society Of Breast Surgeons Columbia, MD | $8,586,887 | $6,074,092 |
Asca Foundation Alexandria, VA | $6,488,650 | $2,091,878 |
American Academy Of Facial Plastic Reconstructive Surgery Alexandria, VA | $1,902,372 | $1,860,628 |
Association Of Military Surgeons Of The U S Gaithersburg, MD | $4,436,953 | $2,160,727 |
Association Of Program Directors In Surgery Bethesda, MD | $2,796,198 | $1,108,879 |
American College Of Oral And Maxillofacial Surgeons Washington, DC | $1,592,225 | $836,708 |
American Board Of Facial Plastic And Reconstructive Surgery Inc Alexandria, VA | $1,319,045 | $752,186 |
National Surgical Assistant Association Washington, DC | $184,330 | $609,304 |