Asae Research Foundation
- Assets
- $26.5m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 08/1983
- Data as of
- 08/2020
- EIN
- 52-1300485
Organization Overview
Asae Research Foundation is located in Washington, DC. The organization was established in 1983. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Asae Research Foundation 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 08/2020, Asae Research Foundation generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (21.9%) each year. All expenses for the organization totaled $3.4m during the year ending 08/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Asae Research Foundation has awarded 28 individual grants totaling $309,052. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE ASAE RESEARCH FOUNDATION IS PRIMARILY FOCUSED ON ADVANCING KNOWLEDGE IN ASSOCIATION MANAGEMENT BY CONDUCTING RESEARCH IN AREAS THAT NO ONE ASSOCIATION CAN UNDERTAKE ON ITS OWN, DEVELOPING EXISTING AND NEW PROFESSIONALS WHO WILL LEAD THE PROFESSION OF ASSOCIATION MANAGEMENT INTO THE FUTURE AND HELPING ASSOCIATIONS BECOME MORE INNOVATIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH - THE FOUNDATION'S RESEARCH DEPARTMENT ADVANCES KNOWLEDGE IN NON-PROFIT MANAGEMENT BY PROVIDING RESOURCES THAT WILL HELP LEADERS FOCUS ON CRITICAL FACTORS TO ENHANCE THEIR ORGANIZATIONS. THE FOUNDATION IMPLEMENTS AND FACILITATES THE APPLICATION OF RESEARCH FINDINGS BY EXECUTIVES AND BOARDS THROUGH RIGOROUSLY DESIGNED SECONDARY, QUALITATIVE AND QUANTITATIVE METHODS. THOUGHT PROVOKING RESEARCH HAS BEEN PRODUCED ON MEMBERSHIP, VOLUNTEERISM, FUNDRAISING, AND THE ECONOMY.
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 |
|---|---|---|---|
Elizabeth Marie Piper Bach President Asae Business Services, Inc. | Officer | 37.5 | $302,133 |
Sharon Moss Chief Research Officer | Officer | 33.75 | $190,180 |
Susan Robertson President & CEO (thru 8/2021) | Officer | 5.75 | $153,966 |
Debra Stevens Senior Director, Financial Solutions | 37.5 | $136,693 | |
Reginald Henry Chief Information Officer | Officer | 4.25 | $31,707 |
Heidi Robey Chief Financial Officer | Officer | 4.5 | $28,257 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Norc At The University Of Chicago Workforce Development | 8/30/20 | $166,600 |
Westat Inc Centennial Research | 8/30/20 | $154,926 |
Mckinley Advisors Centennial Research | 8/30/20 | $124,750 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $676,390 |
| Investment income | $854,521 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,492 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$117,525 |
| Net Income from Fundraising Events | $4,937 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,430,947 |
| Statement of Expenses | |
|---|---|
| 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. | $552,351 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $662,821 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $163,929 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $98,946 |
| Fees for services: Other | $507,094 |
| Advertising and promotion | $78,550 |
| Office expenses | $19,007 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $16,328 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,938 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,352,494 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $314,789 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $121,491 |
| 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 | $218 |
| Investments—publicly traded securities | $26,051,613 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $26,488,111 |
| Accounts payable and accrued expenses | $50,658 |
| 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 | $7,482,486 |
| Total liabilities | $7,533,144 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $18,954,967 |
Grants Awarded
Over the last fiscal year, Asae Research Foundation has awarded $45,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: PROJECT SUPPORT | $15,000 |
Alexandria, VA PURPOSE: PROJECT SUPPORT | $10,000 |
Washington, DC PURPOSE: PROJECT SUPPORT | $10,000 |
Cincinnati, OH PURPOSE: PROJECT SUPPORT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Asae Research Foundation has recieved totaling $28,000.
| Awarding Organization | Amount |
|---|---|
Million Dollar Round Table Of The Natl Assn Of Life Underwriters Park Ridge, IL PURPOSE: GRANT FOR GENERAL OPERATIONS AND LEADERSHIP SOCIETY CONTRIBUTIONS | $22,000 |
American Speech Language & Hearing Assn Rockville, MD PURPOSE: Contribution | $6,000 |
Endowment Analysis
| Beg. Balance | $13,987,318 |
| Earnings | $4,203,646 |
| Other Expense | $301,351 |
| Ending Balance | $17,889,613 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Latin American Youth Center Inc Washington, DC | $10,670,329 | $17,753,295 |
National Network To End Domestic Violence Inc Washington, DC | $5,294,679 | $6,377,066 |
Maryland Soccer Foundation Inc Boyds, MD | $16,325,043 | $5,386,323 |
Asae Research Foundation Washington, DC | $26,488,111 | $1,430,947 |
Great Falls-Reston Soccer Club Great Falls, VA | $1,898,429 | $2,810,731 |
Leaders Of Tomorrow Youth Center Inc Owings Mills, MD | $477,801 | $1,453,303 |
Little Lights Urban Ministries Washington, DC | $2,707,367 | $1,941,038 |
City Kids To Wilderness Project Inc Washington, DC | $3,312,085 | $1,907,297 |
Southwestern Youth Association Inc Centreville, VA | $3,423,364 | $1,936,325 |
Lionheart Incorporated Fredericksburg, VA | $461,193 | $1,334,314 |
Straight Street Roanoke Valley Inc Roanoke, VA | $2,752,629 | $1,351,277 |
Youth Empowerment Source Inc Elkton, MD | $192,760 | $854,066 |