Moving And Storage Institute
- Assets
- $922.6k
- Revenue
- $220.1k
- Investments
- $88.3k
- Employees
- 0
- Location
- Washington, DC
- Founding
- 01/2001
- Data as of
- 12/2022
- EIN
- 31-1742074
Organization Overview
Moving And Storage Institute is located in Washington, DC. The organization was established in 2001. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Moving And Storage Institute 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 12/2022, Moving And Storage Institute generated $220.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $93.3k during the year ending 12/2022. While expenses have increased by 3.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER EDUCATIONAL OPPORTUNITIES FOR INDIVIDUALS IN THE MOVING AND STORAGE INDUSTRY, FACILITATE THE DEVELOPMENT OF INDUSTRY EDUCATION AND CERTIFICATION PROGRAMS, AND TO CULTIVATE A BROADER UNDERSTANDING AND APPRECIATION OF THE TRANSPORTATION OF HOUSEHOLD GOODS, MOVING, AND WAREHOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS: THE INSTITUTE FOSTERS EDUCATIONAL OPPORTUNITIES FOR INDIVIDUALS IN THE MOVING AND STORAGE INDUSTRY TO INCREASE THEIR KNOWLEDGE OF PRACTICES AND METHODS IN THE INDUSTRY AND TO INCREASE THEIR INDIVIDUAL CAPACITIES.
INDUSTRY EDUCATION AND CERTIFICATION: THE INSTITUTE HAS SUPPORTED FINANCIAL MANAGEMENT EDUCATION PROGRAMS AND REGIONAL PROFESSIONAL TRAINING EVENTS, AMONG OTHER PROGRAMS, TO DELIVER A RANGE OF INDUSTRY-SPECIFIC TRAINING TO INDIVIDUAL MOVERS AND COMPANIES IN COORDINATION WITH THE AMERICAN MOVING AND STORAGE ASSOCIATION, THE INSTITUTE'S PARENT ORGANIZATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Griffin Chairman | OfficerTrustee | 1 | $0 |
Charles Ducas Vice Chairman | OfficerTrustee | 1 | $0 |
Jack Donovan Director | Trustee | 1 | $0 |
Mark Doyle Director | Trustee | 1 | $0 |
Griselda Gonzalez Director | Trustee | 1 | $0 |
Chris Higdon Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $126,035 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $45,000 |
| Noncash contributions included in lines 1a–1f | $112,385 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $171,035 |
| Total Program Service Revenue | $0 |
| Investment income | $37,703 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $11,377 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $220,115 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $50,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $35,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,770 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $768 |
| All other expenses | $0 |
| Total functional expenses | $93,313 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,688 |
| Savings and temporary cash investments | $3,635 |
| Pledges and grants receivable | $9,000 |
| 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 | $3,800 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $686,941 |
| Investments—other securities | $88,321 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,223 |
| Total assets | $922,608 |
| Accounts payable and accrued expenses | $838 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $838 |
| Net assets without donor restrictions | $806,520 |
| Net assets with donor restrictions | $115,250 |
| 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 | $922,608 |