Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $3,040,586

• 2a · Program service revenue: Credentialing

  total $4,722,973 · related or exempt $4,722,973

• 2b · Program service revenue: Event Registrations

  total $861,573 · related or exempt $861,573

• 3 · Investment income

  total $150,256 · excluded $150,256

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

  other assets $21,838

• 7c · Gain or loss

  other assets -$21,838

• 7d · Net gain or loss

  total -$21,838 · related or exempt -$21,838

• 10a · Gross sales of inventory

  $2,983,580

• 10b · Cost of goods sold

  $1,048,998

• 10c · Net income from sales of inventory

  total $1,934,582 · related or exempt $1,859,735 · unrelated business $74,847

• 11a · Other revenue: Miscellaneous Income

  total $59,148 · related or exempt $59,148

• 11e · Other revenue, total

  $59,148

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $60,781 · program services $60,781

• 5 · Compensation of officers, directors and key employees

  total $742,082 · management and general $742,082

• 7 · Other salaries and wages

  total $112,370 · management and general $112,370

• 8 · Pension plan contributions

  total $43,999 · management and general $43,999

• 9 · Other employee benefits

  total $275,548 · management and general $275,548

• 10 · Payroll taxes

  total $46,939 · management and general $46,939

• 11b · Fees: legal

  total $100,055 · management and general $100,055

• 11c · Fees: accounting

  total $139 · management and general $139

• 11g · Fees: other

  total $50,511 · management and general $50,511

• 12 · Advertising and promotion

  total $63,148 · management and general $63,148

• 13 · Office expenses

  total $15,090 · management and general $15,090

• 14 · Information technology

  total $570,979 · management and general $570,979

• 16 · Occupancy

  total $380,142 · management and general $380,142

• 17 · Travel

  total $91,173 · management and general $91,173

• 22 · Depreciation, depletion and amortization

  total $71,302 · management and general $71,302

• 23 · Insurance

  total $85,094 · management and general $85,094

• 24a · Other expenses: Credentialing

  total $3,280,496 · program services $3,280,496

• 24b · Other expenses: Events

  total $1,652,521 · program services $1,652,521

• 24c · Other expenses: Sales & Marketing

  total $563,828 · program services $563,828

• 24d · Other expenses: Education Products & Se

  total $456,462 · program services $456,462

• 24e · All other expenses

  total $1,219,926 · program services $453,268 · management and general $766,658

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,470,153 · end of year $2,641,748

• 4 · Accounts receivable

  beginning of year $437,863 · end of year $389,529

• 8 · Inventories for sale or use

  beginning of year $238,119 · end of year $318,712

• 9 · Prepaid expenses and deferred charges

  beginning of year $58,666 · end of year $129,518

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

  $1,029,176

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

  $829,647

• 10c · Land, buildings and equipment, net

  beginning of year $288,013 · end of year $199,529

• 11 · Investments: publicly traded securities

  beginning of year $6,519,048 · end of year $9,302,748

• 15 · Other assets

  beginning of year $1,655,511 · end of year $1,403,776

• 17 · Accounts payable and accrued expenses

  beginning of year $971,824 · end of year $1,013,362

• 19 · Deferred revenue

  beginning of year $2,558,580 · end of year $2,354,015

• 25 · Other liabilities

  beginning of year $1,878,862 · end of year $1,611,133

• 27 · Net assets without donor restrictions

  beginning of year $7,258,107 · end of year $9,407,050

The filer's explanations (Part III)

Part I, Line 1a

Performance will be determined utilizing a formal evaluation form and will incorporate the input of members of the board of directors at a minimum. The isa president will initiate an annual review of the work performance of the isa executive director in accordance with this policy. A salary range will be determined for the position of executive director. Adjustments to salary are determined based on evaluation of the executive director's performance during the past year. The president along with the executive committee will determine pay adjustments based on the results of the executive director's performance review. It is the responsibility of the president and president-elect to communicate the results of the performance evaluation and any adjustments to the salary. Responsibility for execution of the salary changes lie with the director of human resources as directed by the president. The range will be based on benchmarking of similar positions in terms of geographic location, budget, personnel and job responsibilities. The range of salary for the executive director will be set by benchmarking against non-profits similar in size, geographical area, budget and responsibilities of the executive director. Salary benchmarking will be conducted by a professional executive compensation research service every five years or no sooner than three years if necessary. The director of human resources will assist the president to acquire data and select and retain the benchmarking consultant if needed. Pay is generally centered on the mid-point of the range. Pay above the mid-point is for consistent exemplary performance. Sources used include national executive compensation survey from employers association, ASAE association compensation, American research company national compensation study, and a third party (employers' Assn) review letter.