Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $140,443

• 2a · Program service revenue: MEMBERSHIP DUES

  total $6,952,197 · related or exempt $6,952,197

• 2b · Program service revenue: TRAINING

  total $5,607,642 · related or exempt $5,607,642

• 2c · Program service revenue: SHARED SERVICES

  total $5,183,044 · related or exempt $5,183,044

• 2d · Program service revenue: CONFERENCES

  total $1,834,396 · related or exempt $1,834,396

• 2e · Program service revenue: ROYALTIES AND LICENSING

  total $1,347,052 · related or exempt $1,347,052

• 2f · All other program service revenue

  total $1,142,970 · related or exempt $873,810 · unrelated business $269,160

• 3 · Investment income

  total $2,235 · excluded $2,235

• 6a · Gross rents

  real property $311,426

• 6b · Less rental expenses

  real property $296,956

• 6c · Rental income or loss

  real property $14,470

• 6d · Net rental income or loss

  total $14,470 · unrelated business $14,470

• 7a · Gross sales of assets other than inventory

  securities $8,772,982

• 7b · Less cost or other basis and sales expenses

  securities $7,892,030

• 7c · Gain or loss

  securities $880,952

• 7d · Net gain or loss

  total $880,952 · excluded $880,952

• 10a · Gross sales of inventory

  $765,391

• 10b · Cost of goods sold

  $459,228

• 10c · Net income from sales of inventory

  total $306,163 · related or exempt $306,163

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $83,489 · program services $83,489

• 5 · Compensation of officers, directors and key employees

  total $1,395,455 · management and general $1,395,455

• 7 · Other salaries and wages

  total $8,542,232 · program services $5,520,565 · management and general $3,021,667

• 8 · Pension plan contributions

  total $295,507 · program services $164,159 · management and general $131,348

• 9 · Other employee benefits

  total $1,083,451 · program services $601,877 · management and general $481,574

• 10 · Payroll taxes

  total $695,364 · program services $386,287 · management and general $309,077

• 11b · Fees: legal

  total $157,064 · program services $95,069 · management and general $61,995

• 11c · Fees: accounting

  total $74,697 · program services $45,213 · management and general $29,484

• 13 · Office expenses

  total $1,019,649 · program services $858,249 · management and general $161,400

• 16 · Occupancy

  total $3,641,058 · program services $1,416,244 · management and general $2,224,814

• 17 · Travel

  total $268,575 · program services $245,235 · management and general $23,340

• 19 · Conferences, conventions and meetings

  total $1,367,681 · program services $1,248,799 · management and general $118,882

• 20 · Interest

  total $308,563 · management and general $308,563

• 22 · Depreciation, depletion and amortization

  total $1,754,559 · program services $469,179 · management and general $1,285,380

• 24a · Other expenses: CONTRACT & PROFESSIONAL

  total $6,204,079 · program services $3,755,250 · management and general $2,448,829

• 24b · Other expenses: OTHER

  total $1,621,570 · program services $1,407,117 · management and general $214,453

• 24c · Other expenses: PARTNER PAYMENTS

  total $900,934 · program services $900,934

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $8,998,442 · end of year $7,133,619

• 2 · Savings and temporary cash investments

  beginning of year $145,103 · end of year $388,376

• 4 · Accounts receivable

  beginning of year $1,254,962 · end of year $866,271

• 7 · Other notes and loans receivable

  beginning of year $5,401,581 · end of year $4,857,789

• 8 · Inventories for sale or use

  beginning of year $329,789 · end of year $220,297

• 10a · Land, buildings and equipment: cost or other basis

  $37,202,570

• 10b · Land, buildings and equipment: accumulated depreciation

  $28,047,169

• 10c · Land, buildings and equipment, net

  beginning of year $10,155,072 · end of year $9,155,401

• 11 · Investments: publicly traded securities

  beginning of year $31,027,720 · end of year $25,128,158

• 15 · Other assets

  beginning of year $877,776 · end of year $941,008

• 17 · Accounts payable and accrued expenses

  beginning of year $5,915,731 · end of year $7,462,771

• 19 · Deferred revenue

  beginning of year $3,963,052 · end of year $3,816,026

• 23 · Secured mortgages and notes payable

  beginning of year $11,687,000 · end of year $11,387,000

• 25 · Other liabilities

  beginning of year $500,000 · end of year $500,000

• 27 · Net assets without donor restrictions

  beginning of year $36,124,662 · end of year $25,525,122

The filer's explanations (Part III)

PART I, LINE 5

TO ENCOURAGE AND MOTIVATE CERTAIN MANAGEMENT EMPLOYEES TO ACHIEVE SPECIFIC OPERATING GOALS, THE SOCIETY USES A MANAGEMENT INCENTIVE PLAN (MIP). PARTICIPANTS CAN EARN INCENTIVE COMPENSATION (CALCULATED AS A % OF THEIR BASE SALARY) UNDER A FORMULA-BASED APPROACH THAT COMPARES ACTUAL TO TARGETED RESULTS. TARGETED INCENTIVE AWARDS UNDER THE MIP RANGE FROM 10 TO 20% OF EACH PARTICIPANT'S ANNUAL BASE SALARY. A KEY MIP OPERATIONAL GOAL IS TO ACHIEVE OR EXCEED ANNUAL BUDGETED REVENUES EACH FISCAL YEAR. THIS REVENUE GOAL ACCOUNTS FOR 15% OF EACH PARTICIPANT'S TARGET AWARD FOR THE YEAR.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• ASQ CHINA LLC

  QUALITY CONTROL · WI · income -$304,929 · assets $731,168

• ASQ MEXICO LLC

  QUALITY CONTROL · WI · income $1,654,766 · assets $147,585

• AMERICAN SOCIETY FOR QUALITY INDIA PRIVATE LIMITED

  QUALITY CONTROL · WI · income $130,555 · assets $492,710

• ASQ GLOBAL DEVELOPMENT LLC

  QUALITY CONTROL · WI · income $0 · assets $0