Form 990 for tax year 2022
Filed by AMERICAN ASSOCIATION OF PHYSICS TEACHERS INC.
Totals
- Total revenue
- $3,211,908
- Total expenses
- $6,503,289
- Contributions and grants received
- $1,124,887
- Grants paid
- $0
- Program service revenue
- $3,487,253
- Investment income
- -$1,402,999
- Other revenue
- $2,767
- Total assets, end of year
- $11,014,832
- Total liabilities, end of year
- $2,356,467
- Net assets or fund balances, end of year
- $8,658,365
- Program services expenses (Part IX)
- $5,252,865
- Management and general expenses
- $1,249,434
- Fundraising expenses
- $990
- Program service expenses (Part III)
- $5,252,865
Program services were 80.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$1,124,887
-
2a · Program service revenue: Publications
total $2,093,463 · related or exempt $2,093,463
-
2b · Program service revenue: Meetings
total $676,954 · related or exempt $676,954
-
2c · Program service revenue: Membership
total $703,044 · related or exempt $703,044
-
2d · Program service revenue: Career Center
total $13,792 · unrelated business $13,792
-
3 · Investment income
total -$1,402,999 · related or exempt -$1,402,999
-
11a · Other revenue: Miscellaneius
total $2,767 · related or exempt $2,767
-
11e · Other revenue, total
$2,767
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $1,053,145 · program services $716,032 · management and general $337,113
-
7 · Other salaries and wages
total $1,146,748 · program services $989,515 · management and general $157,233
-
8 · Pension plan contributions
total $191,341 · program services $154,676 · management and general $36,665
-
9 · Other employee benefits
total $485,724 · program services $253,554 · management and general $232,170
-
10 · Payroll taxes
total $144,396 · program services $103,121 · management and general $41,275
-
11b · Fees: legal
total $2,315 · program services $1,330 · management and general $985
-
11f · Fees: investment management
total $40,343 · program services $20,172 · management and general $20,171
-
12 · Advertising and promotion
total $4,618 · program services $3,585 · management and general $1,033
-
14 · Information technology
total $296,140 · program services $136,804 · management and general $159,336
-
16 · Occupancy
total $246,600 · program services $160,290 · management and general $86,310
-
17 · Travel
total $291,978 · program services $244,384 · management and general $47,594
-
20 · Interest
total $365 · program services $237 · management and general $128
-
22 · Depreciation, depletion and amortization
total $41,019 · program services $26,662 · management and general $14,357
-
23 · Insurance
total $17,468 · program services $11,352 · management and general $6,116
-
24a · Other expenses: Participant Support
total $273,717 · program services $260,013 · management and general $13,704
-
24b · Other expenses: Publications
total $1,962,051 · program services $1,888,382 · management and general $73,669
-
24c · Other expenses: Editorial Office
total $134,107 · program services $129,554 · management and general $4,553
-
24d · Other expenses: Audio Visual
total $170,224 · program services $153,202 · management and general $17,022
-
24e · All other expenses
total $990 · fundraising $990
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,113,983 · end of year $1,156,908
-
2 · Savings and temporary cash investments
beginning of year $932,787 · end of year $907,133
-
3 · Pledges and grants receivable
beginning of year $990,004 · end of year $440,975
-
4 · Accounts receivable
beginning of year $310,164 · end of year $45,847
-
8 · Inventories for sale or use
beginning of year $3,312 · end of year $2,712
-
9 · Prepaid expenses and deferred charges
beginning of year $66,594 · end of year $100,408
-
10a · Land, buildings and equipment: cost or other basis
$494,764
-
10b · Land, buildings and equipment: accumulated depreciation
$377,112
-
10c · Land, buildings and equipment, net
beginning of year $30,382 · end of year $117,652
-
11 · Investments: publicly traded securities
beginning of year $6,807,919 · end of year $6,816,713
-
13 · Investments: program-related
beginning of year $1,426,484 · end of year $1,426,484
-
17 · Accounts payable and accrued expenses
beginning of year $397,263 · end of year $438,507
-
19 · Deferred revenue
beginning of year $1,313,295 · end of year $1,440,116
-
23 · Secured mortgages and notes payable
beginning of year $5,810 · end of year $3,139
-
25 · Other liabilities
beginning of year $474,705 · end of year $474,705
-
27 · Net assets without donor restrictions
beginning of year $8,854,869 · end of year $8,022,678
-
28 · Net assets with donor restrictions
beginning of year $635,687 · end of year $635,687
Mission and programs · 2022
Mission
TO IMPROVE THE QUALITY OF PHYSICS INSTRUCTION AND ENHANCE THE APPRECIATION OF PHYSICS IN OUR CULTURE, TO ENHANCE THE UNDERSTANDING AND APPRECIATION OF PHYSICS THROUGH TEACHING. AAPT IS A PROFESSIONAL MEMBERSHIP ASSOCIATION OF SCIENTISTS, DEDICATED TO ENHANCING THE UNDERSTANDING
-
MEETINGS & WORKSHOPS DESIGNED TO OFFER INSTRUCTIONAL AID FOR TEACHERS IN THE FIELD OF PHYSICS AND THE SELECTION AND DEVELOPMENT OF THE HIGH SCHOOL PHYSICS TEAM TO REPRESENT THE UNITED STATES IN THE PHYSICS OLYMPIAD
Expenses $1,962,051 · Revenue $1,471,696
-
THE ASSOCIATION RECEIVES FUNDING AND GRANTS AND COOPERATIVE AGREEMENTS FROM THE NATIONAL SCIENCE FOUNDATIONS AND OTHER GRANTORS. THESE PROGRAMS PROVIDE OPPORTUNITIES FOR PROFESSIONAL GROWTH OF TEACHERS, INCLUDING AN ONLINE COLLECTION OF RESOURCES TO SUPPORT THE PHYSICS AND ASTRONOMY COMMUNITY, NEW FACULTY DEVELOPMENT, AND THE ANALYSIS AND INVESTIGATION OF THE ROLE OF THE UNDERGRADUATE, TWO-YEAR COLLEGE AND K-12 PHYSICS INSTRUCTION.
Expenses $1,769,586 · Grants $1,167,283 · Revenue $1,124,887
-
PROGRAMS THAT SUPPORT THE FUNDING OF HIGH SCHOOL EDUCATION TRAINING THROUGH ON SITE PRESENTATIONS, BOOKS & TRAINING MATERIALS, DISCOUNTED EQUIPMENT SALES FOR HIGHER EDUCATION LABORATORIES. SUPPORT FOR LOCAL SECTIONS WITH REIMBURSEMENT OF LOCAL MEETING MATERIALS AND AREA SECTION KITS. PROGRAMS TO SUPPORT MINORITY, LOW-SOCIOECONOMIC STUDENTS WITH THE OPPORTUNITY TO ENGAGE IN HANDS-ON SCIENCE ACTIVITIES. DEVELOPMENT OF THE ONLINE LIBRARY OF INFORMATION TO PROMOTE AND SUPPORT PHYSICS EDUCATORS.
Expenses $1,521,228 · Revenue $676,954
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Beth Cunningham
Chief Executive Officer
- Total calculated
- $262,095
- From this org
- $246,304
- From related orgs
- $0
- Other
- $15,791
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $246,304
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $15,791
- Filer's total
- $262,095
-
Robert Hilborn
Associate Executive Officer
- Total calculated
- $150,535
- From this org
- $143,231
- From related orgs
- $0
- Other
- $7,304
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $143,231
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $7,304
- Filer's total
- $150,535
-
Michael Brosnan
CFO
- Total calculated
- $144,204
- From this org
- $129,600
- From related orgs
- $0
- Other
- $14,604
- Hours/week
- 40
-
Erwin Campbell
IT Director
- Total calculated
- $136,483
- From this org
- $105,162
- From related orgs
- $0
- Other
- $31,321
- Hours/week
- 40
-
Michael Thenhaus
Web DeveloperDesigner
- Total calculated
- $116,735
- From this org
- $116,735
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Lyle Barbato
Web DeveloperDesigner
- Total calculated
- $113,066
- From this org
- $89,707
- From related orgs
- $0
- Other
- $23,359
- Hours/week
- 40
-
Martha Lietz
High School Rep
- Total calculated
- $0
- Hours/week
- 5
-
Samuel Sampere
Vice Chair Section Rep
- Total calculated
- $0
- Hours/week
- 8
-
Blaine Baker
Secretary
- Total calculated
- $0
- Hours/week
- 7
-
Jan Mader
Past President
- Total calculated
- $0
- Hours/week
- 7
-
Duane Merrell
President Elect
- Total calculated
- $0
- Hours/week
- 7
-
Thomas Okuma
Treasurer
- Total calculated
- $0
- Hours/week
- 10
-
Krista Wood
Member at Large
- Total calculated
- $0
- Hours/week
- 8
-
Mario Belloni
Four Year College Rep
- Total calculated
- $0
- Hours/week
- 5
-
Tommi Holsenbeck
Chair Section Rep
- Total calculated
- $0
- Hours/week
- 8
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 10 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333199349330928
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