Civic Intelligence

American Council on Exercise

990 • Fiscal year 2016 • EIN 33-0123550

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 21, 2016

4851 Paramount DriveSan Diego, CA 92123

(858) 279-8227

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.35x

Higher debt load relative to assets than 58% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

47th percentile

0.29x

Higher debt load relative to revenue than 47% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

65th percentile

7.1%

Higher net margin than 65% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

83rd percentile

$499,271

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

89th percentile

24%

Faster asset growth than 89% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

81st percentile

19%

Faster revenue growth than 81% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Up

$18,535,494

Up $3,609,110 (+24%) from 2015

Net Assets

Up

$12,034,358

Up $1,419,723 (+13%) from 2015

Liabilities

Up

$6,501,136

Up $2,189,387 (+51%) from 2015

Revenue

Up

$22,073,863

Up $3,568,629 (+19%) from 2015

Expenses

Up

$20,498,023

Up $3,680,762 (+22%) from 2015

Net Income

Down

$1,575,840

Down $112,133 (-6.6%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2015: $14,926,384Liabilities 2015: $4,311,749Net Assets 2015: $10,614,6352015Assets 2016: $18,535,494Liabilities 2016: $6,501,136Net Assets 2016: $12,034,3582016Assets 2017: $19,854,809Liabilities 2017: $6,671,255Net Assets 2017: $13,183,5542017Assets 2018: $27,112,476Liabilities 2018: $12,774,297Net Assets 2018: $14,338,1792018Assets 2019: $24,384,130Liabilities 2019: $11,794,104Net Assets 2019: $12,590,0262019Assets 2020: $26,244,435Liabilities 2020: $13,428,700Net Assets 2020: $12,815,7352020Assets 2021: $27,746,605Liabilities 2021: $12,103,795Net Assets 2021: $15,642,8102021Assets 2022: $27,869,166Liabilities 2022: $11,054,325Net Assets 2022: $16,814,8412022Assets 2023: $25,573,027Liabilities 2023: $13,297,594Net Assets 2023: $12,275,4332023Assets 2025: $14,921,408Liabilities 2025: $9,344,883Net Assets 2025: $5,576,5252025

Highlighted filing

2016

Assets$18,535,494
Liabilities$6,501,136
Net Assets$12,034,358

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MRevenue 2015: $18,505,234Expenses 2015: $16,817,261Net Income 2015: $1,687,9732015Revenue 2016: $22,073,863Expenses 2016: $20,498,023Net Income 2016: $1,575,8402016Revenue 2017: $26,262,043Expenses 2017: $25,303,025Net Income 2017: $959,0182017Revenue 2018: $28,541,818Expenses 2018: $27,773,662Net Income 2018: $768,1562018Revenue 2019: $26,400,164Expenses 2019: $28,138,301Net Income 2019: -$1,738,1372019Revenue 2020: $24,935,410Expenses 2020: $24,594,564Net Income 2020: $340,8462020Revenue 2021: $26,370,140Expenses 2021: $24,980,765Net Income 2021: $1,389,3752021Revenue 2022: $26,697,043Expenses 2022: $24,344,901Net Income 2022: $2,352,1422022Revenue 2023: $19,555,587Expenses 2023: $24,668,629Net Income 2023: -$5,113,0422023Revenue 2025: $19,271,696Expenses 2025: $19,732,804Net Income 2025: -$461,1082025

Highlighted filing

2016

Revenue$22,073,863
Expenses$20,498,023
Net Income$1,575,840
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 21, 2016
Return Version
2015v2.1
Gross Receipts
$25,153,494
Mission and Program Overview

Mission

Our mission is to get people moving.

The nonprofit organization american council on exercise (ace) is committed to getting people moving by educating, certifying and representing more than 60,000 health and fitness professionals while increasing access to unbiased, science-based health and fitness information for both consumers and professionals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$6,010,278$9,305,376▲ $3,295,098
Investments in Publicly Traded Securities$3,053,278$2,865,574▼ $187,704
Land, Buildings, and Equipment, Net$3,063,505$2,779,080▼ $284,425
Prepaid Expenses and Deferred Charges$1,570,248$1,704,037▲ $133,789
Accounts Receivable$625,601$1,135,469▲ $509,868
Inventories for Sale or Use$411,778$412,949▲ $1,171
Cash and Non-Interest-Bearing Accounts$185$581▲ $396
Total Assets$14,926,384$18,535,494▲ $3,609,110
Other Assets Total$191,511$332,428▲ $140,917
Liabilities
Deferred Revenue$2,369,740$3,740,600▲ $1,370,860
Accounts Payable and Accrued Expenses$1,751,287$2,427,751▲ $676,464
Other Liabilities$190,722$332,785▲ $142,063
Total Liabilities$4,311,749$6,501,136▲ $2,189,387
Net Assets / Fund Balance
Unrestricted Net Assets$10,614,635$12,034,358▲ $1,419,723
Total Net Assets Fund Balance$10,614,635$12,034,358▲ $1,419,723
Total Liabilities and Net Assets / Fund Balance$14,926,384$18,535,494▲ $3,609,110

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$882,228$2,231,516$3,113,744
Other Land Buildings$168,709$1,200,593$1,369,302
Land$1,286,883-$1,286,883
Equipment$270,401$378,913$649,314
Leasehold Improvements$170,859$269,963$440,822
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott GoudeseunePresident & CEOFT$374,813$124,458$499,271
Alex MirnezamChief Financial OfficerFT$298,612$105,896$404,508
Cedric BryantChief Science OfficerFT$254,965$105,898$360,863
Graham MelstrandVP of Corporate AffairsFT$220,120$40,149$260,269
Amanda CassVice President of FinanceFT$166,916$36,014$202,930
kerri o'brienEvp of Product & Bus. Dev.FT$176,924$21,907$198,831
David FischerDirector of Online BusinesFT$150,288$38,457$188,745
anthony wallDirector of Prof. EducationFT$122,792$38,889$161,681

Board Members and Trustees

NameTitle
Nancey Trevanian TsaiChair
john ellisvice chair
Cindy RatzlaffBoard Member
Jason AltmireBoard Member
John Breslinboard member
Samantha LincolnBoard Member
Shannon Fableboard member
Tony RodriguezBoard Member
deena margolisboard MEMBER
kelly grayboard member
scott murdochBoard Member
Ash HayesEMERITUS Board Member
kimberly WellsEMERITUS Board Member
Michelle Stantensecretary
Arianne AmiriTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Castle Worldwide INCTest Admin. Services900 PERIMETER PARK DRIVE SUITE G, Morrisville, NC 27560$1,874,702
Ideamagazine publisher10455 Pacific Center Court, san diego, CA 92121$1,048,328
Federal ExpressShipping & HandlingPO BOX 7221, Pasadena, CA 91109$478,843
Healthy LearningPublisherPO BOX 1828, Monterey, CA 93942$287,442
Walsworth Publishing CoPublisherPO Box 310287, Des Moines, IA 50331$185,762
Revenue and Support

Revenue Composition

Contributions and Grants
$4,137
Program Service Revenue
$13,550,569
Investment Income
$114,393
Other Revenue
$8,404,764
All Other Contributions
$4,137
Change in Net Assets
$1,575,840

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,083,909
Revenue Not Reported on Financial Statements
$-10,046
Revenue Not Reported on Form 990
$1,990,352
Other Revenue Adjustments
$-10,046
Total Revenue per Audited Statements
$24,074,261
Total Revenue per Form 990
$22,073,863
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,122,614
Salaries, Compensation, and Employee Benefits$9,375,409
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,832,107$1,720,938-$6,553,045
Advertising$3,629,524$19,130-$3,648,654
Current Officers, Directors, Trustees, and Key Employees$499,048$1,018,235-$1,517,283
Office Expenses$1,217,942$38,412-$1,256,354
All Other Expenses$466,197$268,062-$734,259
Fees for Services Legal$549,478$42,184-$591,662
Payroll Taxes$429,997$119,736-$549,733
Conferences and Meetings$348,847$195,107-$543,954
Depreciation Depletion$256,064$209,507-$465,571
Other Employee Benefits$333,946$124,870-$458,816
Other Expenses$452,627$188,240-$452,627
Pension Plan Contributions$208,359$88,173-$296,532
Travel$249,585$32,246-$281,831
Occupancy$130,862$56,084-$186,946
Insurance$114,932$56,656-$171,588
Fees for Services Accounting$49,162$3,774-$52,936
Fees for Services Management-$14,175-$14,175
Total Functional Expenses$16,302,494$4,195,529$0$20,498,023

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$22,654,538
Expenses per Audited Statements$20,498,023
Total Expenses per Form 990$20,498,023
Expenses Not Reported on Form 990$2,156,515
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Christopher GoudeseuneChild of PresidentCompensationNo$156,786
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
deferred compensation payable$332,785
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

The form 990 is reviewed internally by the executive team and externally by the audit committee. The form 990 is made available to the board of directors prior to submission.

Form 990, Part VI, Section B, line 12C

All Board Members and ACE staff are required to annually complete a conflict of interest disclosure form. The Board reviews all Board member disclosures as well as the CEO and CFO. CEO and CFO review ACE employee disclosures. AT EACH BOARD MEETING, MEMBERS ARE REMINDED OF CONFLICT OF INTEREST POLICIES AND ASKED IF THEY ARE AWARE OF ANY CONFLICTS. IF A CONFLICT ARISES, THAT BOARD MEMBER CANNOT VOTE ON THE TRANSACTION.

Form 990, Part VI, Section B, line 15

With respect to the president and officers (president, coo, cfo, cso), a compensation analysis is performed by an independent party annually which takes market data from several published surveys and market prices the positions based on job responsibilities and corporate information. Total compensation and benefits are included in the review. The compensation committee reviews the report and makes recommendations to the board of directors. Compensation is approved by independant board members and is contemporaneously documented. This process was last done june 2016 during the annual board meeting. A compensation analysis is performed by an independent party annually which takes market data from several published surveys and market prices all of our staff including key employee positions based on job responsibilities and corporate information. The cfo and president review the report and makes recommendations to the board of directors. Compensation for key employees and staff are approved during the budgeted process by indepedent board members and is contemporaneously documented. This process was last done in june 2016 during the annual board meeting.

Form 990, Part VI, Section C, line 19

Governing documents and conflict of interest policy are Available upon request. Financial statements are available on the organization's website.

Filing and Contact Details

Filer

Filer Name
American Council on Exercise
EIN
33-0123550
Phone
8582798227
Address
4851 Paramount Drive, San Diego, CA 92123

Signing Officer

Name
Alex Mirnezam
Title
C.f.o.
Phone
8582798227
Signed
2016-11-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
alex mirnezam
Formed
1986
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
12
Employees
92
Volunteers
31

Preparer

Firm
Moss Adams LLP
Address
4747 Executive Drive Suite 1300, San Diego, CA 92121
Preparer
Patricia J Mayer
Phone
8586271400
Supplemental Narrative

Additional Explanations

STATEMENT WITH REGARD TO FUNDRAISING EXPENSE:

This organization receives the majority of its income from program services, thus, the organization does not incur fundraising expenses.

Financial Statement Notes

Part X, Line 2:

ACE is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code ("IRC") and Section 23701(d) of the California Revenue and Taxation Code, except to the extent of unrelated business taxable income as defined under IRC Sections 511 through 515. ACE had no unrecognized tax benefits or liabilities as of June 30, 2016 and 2015. ACE files an exempt organization return in the United States federal jurisdiction and with the Franchise Tax Board in the state of California.

Part XI, Line 2D - Other Adjustments:

Cost of goods sold 2,146,469.

Part XI, Line 4B - Other Adjustments:

Realized Loss on FIXED ASSETS -10,046.

Part XII, Line 2D - Other Adjustments:

COST OF GOODS SOLD 2,146,469. Realized Loss on FIXED ASSETS 10,046.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1230753
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IRS990/Form990PartVIISectionAGrp/PersonNm11SAMANTHA LINCOLN
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IRS990/Form990PartVIISectionAGrp/PersonNm19anthony wall
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IRS990/Form990PartVIISectionAGrp/PersonNm22kerri o'brien
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IRS990/Form990PartVIISectionAGrp/TitleTxt1EMERITUS Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3board MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5board member
IRS990/Form990PartVIISectionAGrp/TitleTxt6vice chair
IRS990/Form990PartVIISectionAGrp/TitleTxt7board member
IRS990/Form990PartVIISectionAGrp/TitleTxt8EMERITUS Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt10Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14board member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHIEF SCIENCE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt18Vice President of Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR OF PROF. EDUCATION
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director of Online Busines
IRS990/Form990PartVIISectionAGrp/TitleTxt21VP OF CORPORATE AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt22EVP OF PRODUCT & BUS. DEV.
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IRS990/MissionDesc0OUR MISSION IS TO GET PEOPLE MOVING.
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