Civic Intelligence

Armed Services Arts Partnership

990 • Fiscal year 2018 • EIN 47-4007504

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 02, 2019

625 N Washington St No 425Alexandria, VA 22314

(202) 730-8206

Siviq Scores

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

Liabilities / Assets

45th percentile

0.02x

Higher debt load relative to assets than 45% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

38th percentile

0.01x

Higher debt load relative to revenue than 38% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

75th percentile

18%

Higher net margin than 75% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

77th percentile

$71,494

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 13.4% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

91st percentile

63%

Faster asset growth than 91% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

90th percentile

73%

Faster revenue growth than 90% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$264,800

Up $102,362 (+63%) from 2017

Net Assets

Up

$259,753

Up $97,315 (+60%) from 2017

Liabilities

Up

$5,047

Up $5,047 from 2017

Revenue

Up

$531,759

Up $224,138 (+73%) from 2017

Expenses

Up

$434,444

Up $194,472 (+81%) from 2017

Net Income

Up

$97,315

Up $29,666 (+44%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2015: $140,761Liabilities 2015: $82,581Net Assets 2015: $58,1802015Assets 2016: $95,928Liabilities 2016: $1,139Net Assets 2016: $94,7892016Assets 2017: $162,438Liabilities 2017: $0Net Assets 2017: $162,4382017Assets 2018: $264,800Liabilities 2018: $5,047Net Assets 2018: $259,7532018Assets 2019: $186,527Liabilities 2019: $15,913Net Assets 2019: $170,6142019Assets 2020: $313,510Liabilities 2020: $75,698Net Assets 2020: $237,8122020Assets 2021: $284,123Liabilities 2021: $39,519Net Assets 2021: $244,6042021Assets 2022: $346,250Liabilities 2022: $7,068Net Assets 2022: $339,1822022Assets 2023: $526,010Liabilities 2023: $6,993Net Assets 2023: $519,0172023Assets 2024: $865,326Liabilities 2024: $9,708Net Assets 2024: $855,6182024

Highlighted filing

2018

Assets$264,800
Liabilities$5,047
Net Assets$259,753

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $126,450Expenses 2015: $68,270Net Income 2015: $58,1802015Revenue 2016: $278,781Expenses 2016: $242,172Net Income 2016: $36,6092016Revenue 2017: $307,621Expenses 2017: $239,972Net Income 2017: $67,6492017Revenue 2018: $531,759Expenses 2018: $434,444Net Income 2018: $97,3152018Revenue 2019: $482,681Expenses 2019: $571,820Net Income 2019: -$89,1392019Revenue 2020: $566,436Expenses 2020: $499,238Net Income 2020: $67,1982020Revenue 2021: $660,799Expenses 2021: $654,007Net Income 2021: $6,7922021Revenue 2022: $837,542Expenses 2022: $742,964Net Income 2022: $94,5782022Revenue 2023: $1,037,891Expenses 2023: $858,056Net Income 2023: $179,8352023Revenue 2024: $1,444,993Expenses 2024: $1,108,392Net Income 2024: $336,6012024

Highlighted filing

2018

Revenue$531,759
Expenses$434,444
Net Income$97,315
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 2, 2019
Return Version
2018v3.1
Gross Receipts
$543,427
Mission and Program Overview

Mission

The primary mission of the organization is to cultivate community and growth with veterans, service members, military family members, and caregivers through the arts.

Reintegrate veterans into their communities through the arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$103,199$234,701▲ $131,502
Savings and Temporary Cash Investments$58,791$29,101▼ $29,690
Land, Buildings, and Equipment, Net$448$998▲ $550
Total Assets$162,438$264,800▲ $102,362
Liabilities
Accounts Payable and Accrued Expenses$0$5,047▲ $5,047
Total Liabilities$0$5,047▲ $5,047
Net Assets / Fund Balance
Unrestricted Net Assets$91,554$215,044▲ $123,490
Temporarily Rstr Net Assets$70,884$44,709▼ $26,175
Total Net Assets Fund Balance$162,438$259,753▲ $97,315
Total Liabilities and Net Assets / Fund Balance$162,438$264,800▲ $102,362

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$998$377$1,375
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Samuel J PresslerExecutive Director/ Board MemberFT$67,250$4,244$71,494

Board Members and Trustees

NameTitle
Jon ImundoBoard Chair
Brent ColburnBoard Member
Dan WeissBoard Member
Heather O'BeirneBoard Member
Jeff BozmanBoard Member
Jim IorioBoard Member
Terri TanelianBoard Member
Todd BowersBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$458,068
Program Service Revenue
$73,606
Investment Income
$85
Other Revenue
$0
All Other Contributions
$458,068
Change in Net Assets
$97,315

Audited Revenue Reconciliation

Revenue per Audited Statements
$531,759
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$531,759
Total Revenue per Form 990
$531,759
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$232,862
Salaries, Compensation, and Employee Benefits$201,582
Total Fundraising Expense$26,829
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$93,681$12,599$7,715$113,995
Conferences and Meetings$89,261$5,737$13$95,011
Current Officers, Directors, Trustees, and Key Employees$58,753$7,902$4,839$71,494
Fees for Services Other$53,651$497$1,859$56,007
Fees for Services Accounting-$27,712-$27,712
Office Expenses$15,701$3,740$474$19,915
Payroll Taxes$11,477$1,544$945$13,966
Travel$8,987$10$303$9,300
Other Expenses--$8,538$8,538
Advertising$4,984-$1,999$6,983
Occupancy$1,644$4,346-$5,990
Insurance$3,206--$3,206
Pension Plan Contributions$1,748$235$144$2,127
Depreciation Depletion-$200-$200
Total Functional Expenses$343,093$64,522$26,829$434,444

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$434,444
Total Expenses per Audited Statements$434,444
Total Expenses per Form 990$434,444
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$11,668
Fundraising Gross Income$11,668
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
No
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
No
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 11B

A draft of the 990 is reviewed by the Executive Director. The 990 is then distributed to the Board of Directors prior to filing with the IRS.

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

Conflict of interest policy monitored through year.

Form 990, Part VI, Section B, line 15A

Compensation of Executive Director is set by Board approval.

Form 990, Part VI, Section C, line 19

Copies of the audited financial statements and Form 990 are made available on the organization's website.

Filing and Contact Details

Filer

Filer Name
Armed Services Arts Partnership
EIN
47-4007504
Phone
2027308206
Address
625 N Washington St No 425, Alexandria, VA 22314

Signing Officer

Name
Samuel J Pressler
Title
Executive Director
Phone
2027308206
Signed
2019-07-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Samuel J Pressler
Formed
2015
Legal Domicile
Va
Voting Board Members
7
Independent Board Members
6
Employees
7
Volunteers
100

Preparer

Firm
Rogers & Company PLLC
Address
8300 Boone Boulevard Suite 600, Vienna, VA 22182
Preparer
Lori A Collingsworth
Phone
7038930300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A, Program Service Accomplishments:

The Armed Services Arts Partnership (ASAP) is a nonprofit with a mission to reintegrate veterans, service members, and military families into their communities through the arts. ASAP promotes expression, skill-development, and camaraderie through classes, workshops, and performances across a variety of artistic disciplines. The organization's focus on consistent programs and partnerships ensures that members of our community have continuous opportunities for artistic and personal growth. ASAP's approach provides participants with transferable life skills, a renewed sense of purpose, and improved well-being. At the same time, ASAP strengthen ties between veterans and their communities through the arts. ASAP offers free, six to eight-week classes across an array of art forms, including stand-up comedy, improv, storytelling, and creative writing. These courses provide participants with an outlet for expression and narrative development, skill-building, and social support in a safe, supportive environment. Classes culminate with graduation shows, which offer veterans a platform to share their stories with audiences of local civilian and military-affiliated community members. Once participants graduate from one of ASAP's classes, they are encouraged to continue their artistic development through the higher-level programming of the organization's partners. Those alumni who do not have the financial capacity to afford these opportunities can apply for ASAP's Scholarship Fund and receive full or partial support to continue with their artistic pursuits. Throughout the year, ASAP hosts monthly, free workshops across various artistic disciplines. These workshops are typically offered in collaboration with arts organizations and teaching artists, and range in duration from three hours to two full days. ASAP also hosts quarterly social events, which allow participants and alumni of different programs to form bonds and nurture relationships with one another. Finally, ASAP empowers its instructors and alumni to lead informal, monthly meetups. ASAP's active meetups include stand-up comedy and storytelling workshopping sessions, writing groups, and improv jams. The frequency and diversity of these programs provide ASAP alumni with continuous opportunities to grow, create, and connect with fellow veterans. Beyond ASAP's graduation shows, the organization partners with local arts centers, museums, performance venues, breweries, cafes, nonprofits, and other organizations to host monthly community performances. Such events include Veterans Open Mics - shows that invite local veteran/military-affiliated artists to perform comedy, storytelling, creative writing, and music - as well as performances exclusively focused on comedy, storytelling, or improv. The consistency and intimacy of these shows help build and sustain community among the military and civilian worlds.

Form 990, Part IX, line 11G

Program instructors/ Other contract services: Program service expenses 53,651. Management and general expenses 497. Fundraising expenses 1,859. Total expenses 56,007.

Financial Statement Notes

Part X, Line 2:

Management has evaluated ASAP's tax positions and concluded that the financial statements do not include any uncertain tax positions.

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IRS990/SavingsAndTempCashInvstGrp/BOYAmt058791
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The organization was incorporated on May 13, 2015. Column (b) represents the initial short-year May 13, 2015- December 31, 2015.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part II, Short Year Explanation:
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0531759
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Management has evaluated ASAP's tax positions and concluded that the financial statements do not include any uncertain tax positions.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt0434444
IRS990ScheduleD/TotalRevenuePerForm990Amt0531759
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Armed Services Arts Partnership (ASAP) is a nonprofit with a mission to reintegrate veterans, service members, and military families into their communities through the arts. ASAP promotes expression, skill-development, and camaraderie through classes, workshops, and performances across a variety of artistic disciplines. The organization's focus on consistent programs and partnerships ensures that members of our community have continuous opportunities for artistic and personal growth. ASAP's approach provides participants with transferable life skills, a renewed sense of purpose, and improved well-being. At the same time, ASAP strengthen ties between veterans and their communities through the arts. ASAP offers free, six to eight-week classes across an array of art forms, including stand-up comedy, improv, storytelling, and creative writing. These courses provide participants with an outlet for expression and narrative development, skill-building, and social support in a safe, supportive environment. Classes culminate with graduation shows, which offer veterans a platform to share their stories with audiences of local civilian and military-affiliated community members. Once participants graduate from one of ASAP's classes, they are encouraged to continue their artistic development through the higher-level programming of the organization's partners. Those alumni who do not have the financial capacity to afford these opportunities can apply for ASAP's Scholarship Fund and receive full or partial support to continue with their artistic pursuits. Throughout the year, ASAP hosts monthly, free workshops across various artistic disciplines. These workshops are typically offered in collaboration with arts organizations and teaching artists, and range in duration from three hours to two full days. ASAP also hosts quarterly social events, which allow participants and alumni of different programs to form bonds and nurture relationships with one another. Finally, ASAP empowers its instructors and alumni to lead informal, monthly meetups. ASAP's active meetups include stand-up comedy and storytelling workshopping sessions, writing groups, and improv jams. The frequency and diversity of these programs provide ASAP alumni with continuous opportunities to grow, create, and connect with fellow veterans. Beyond ASAP's graduation shows, the organization partners with local arts centers, museums, performance venues, breweries, cafes, nonprofits, and other organizations to host monthly community performances. Such events include Veterans Open Mics - shows that invite local veteran/military-affiliated artists to perform comedy, storytelling, creative writing, and music - as well as performances exclusively focused on comedy, storytelling, or improv. The consistency and intimacy of these shows help build and sustain community among the military and civilian worlds.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A draft of the 990 is reviewed by the Executive Director. The 990 is then distributed to the Board of Directors prior to filing with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conflict of interest policy monitored through year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation of Executive Director is set by Board approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Copies of the audited financial statements and Form 990 are made available on the organization's website.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Program instructors/ Other contract services: Program service expenses 53,651. Management and general expenses 497. Fundraising expenses 1,859. Total expenses 56,007.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4a, Program Service Accomplishments:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, line 11g
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IRS990/TotalOtherCompensationAmt04244
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IRS990/TravelGrp/ManagementAndGeneralAmt010
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0625 N Washington St No 425
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IRS990/WebsiteAddressTxt0www.asapasap.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Samuel J Pressler
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum02027308206
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-07-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Armed Services Arts Partnership
ReturnHeader/Filer/BusinessNameControlTxt0ARME
ReturnHeader/Filer/EIN0474007504
ReturnHeader/Filer/PhoneNum02027308206
ReturnHeader/Filer/USAddress/AddressLine1Txt0625 N Washington St No 425
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId05757F712A8161F6F3964D64EA127352BD3BB441C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt072.214.41.82
ReturnHeader/FilingSecurityInformation/IPDt02019-07-02
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm016:27:22

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