American Translators Association Inc
- Assets
- $2.9m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 12
- Location
- Alexandria, VA
- Founding
- 07/1963
- Data as of
- 06/2023
- EIN
- 13-6110863
Organization Overview
American Translators Association Inc is located in Alexandria, VA. The organization was established in 1963. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2023, American Translators Association Inc employed 12 individuals. This organization is the central organization for a national or regional group of organizations. American Translators Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2023, American Translators Association Inc generated $3.0m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $3.2m during the year ending 06/2023. 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 BENEFIT TRANSLATORS AND INTERPRETERS BY PROMOTING RECOGNITION OF THEIR SOCIETAL VALUE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES - A FOUR-DAY INTERNATIONAL EVENT OFFERING LANGUAGE PROFESSIONALS MORE THAN 150 CONTINUING EDUCATION SESSIONS, SEMINARS, AND WORKSHOPS.
CERTIFICATION - A TESTING MECHANISM DESIGNED TO ESTABLISH A STANDARD OF PROFICIENCY IN LANGUAGE TRANSLATION.
MEMBERSHIP SERVICES - MEMBERSHIP PROVIDES RIGHTS AND BENEFITS TO INDIVIDUALS AND ORGANIZATIONS THAT JOIN AND AGREE TO ABIDE BY A CODE OF ETHICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Madalena Sanchez-Zampaulo President | OfficerTrustee | 8 | $0 |
Veronika Demichelis President-Elect | OfficerTrustee | 8 | $0 |
Alaina Brandt Secretary | OfficerTrustee | 8 | $0 |
John M Milan Treasurer | OfficerTrustee | 8 | $0 |
Robin Bonthrone Director (until 10/13/2022) | Trustee | 8 | $0 |
Eve Bodeux Director | Trustee | 8 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hyatt Regency San Francisco Meeting/event Space | 6/29/17 | $378,012 |
Eventlink Llc Audio Visual | 6/29/17 | $113,131 |
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 | $2,931,060 |
| Investment income | $75,204 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $20,693 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,030,416 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $841 |
| 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. | $416,628 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $675,729 |
| Pension plan accruals and contributions | $53,373 |
| Other employee benefits | $56,601 |
| Payroll taxes | $80,204 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,000 |
| Fees for services: Accounting | $154,856 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $300 |
| Fees for services: Other | $234,434 |
| Advertising and promotion | $11,817 |
| Office expenses | $74,795 |
| Information technology | $248,871 |
| Royalties | $0 |
| Occupancy | $107,182 |
| Travel | $93,082 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $618,327 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,527 |
| Insurance | $12,076 |
| All other expenses | $2,526 |
| Total functional expenses | $3,189,390 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $284,150 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $88,137 |
| Net Land, buildings, and equipment | $265,190 |
| Investments—publicly traded securities | $2,284,969 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $26,466 |
| Total assets | $2,948,912 |
| Accounts payable and accrued expenses | $280,511 |
| Grants payable | $0 |
| Deferred revenue | $1,182,600 |
| 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 | $3,514 |
| Total liabilities | $1,466,625 |
| Net assets without donor restrictions | $1,482,287 |
| 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 | $2,948,912 |