Civic Intelligence

Asprs Foundation Inc.

990 • Fiscal year 2021 • EIN 52-1182677

Jan 01, 2021 to Dec 31, 2021 • Filed on Feb 03, 2022

425 Barlow PlaceBethesda, MD 20814

(301) 493-0290

Siviq Scores

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

Liabilities / Assets

59th percentile

0.13x

Higher debt load relative to assets than 59% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

90th percentile

1.58x

Higher debt load relative to revenue than 90% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

94th percentile

73%

Higher net margin than 94% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

70th percentile

22%

Faster asset growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

97th percentile

493%

Faster revenue growth than 97% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,455,075

Up $439,473 (+22%) from 2020

Net Assets

Up

$2,146,859

Up $389,361 (+22%) from 2020

Liabilities

Up

$308,216

Up $50,112 (+19%) from 2020

Revenue

Up

$195,644

Up $162,655 (+493%) from 2020

Expenses

Up

$52,583

Up $11,538 (+28%) from 2020

Net Income

Up

$143,061

Up $151,117 (+1876%) from 2020

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,009,776Liabilities 2011: $53,368Net Assets 2011: $956,4082011Assets 2012: $1,201,568Liabilities 2012: $56,025Net Assets 2012: $1,145,5432012Assets 2013: $1,415,185Liabilities 2013: $102,368Net Assets 2013: $1,312,8172013Assets 2014: $1,453,272Liabilities 2014: $102,859Net Assets 2014: $1,350,4132014Assets 2015: $1,421,310Liabilities 2015: $177,105Net Assets 2015: $1,244,2052015Assets 2016: $1,552,027Liabilities 2016: $192,417Net Assets 2016: $1,359,6102016Assets 2017: $1,687,918Liabilities 2017: $200,264Net Assets 2017: $1,487,6542017Assets 2018: $1,576,302Liabilities 2018: $193,542Net Assets 2018: $1,382,7602018Assets 2019: $1,822,282Liabilities 2019: $226,727Net Assets 2019: $1,595,5552019Assets 2020: $2,015,602Liabilities 2020: $258,104Net Assets 2020: $1,757,4982020Assets 2021: $2,455,075Liabilities 2021: $308,216Net Assets 2021: $2,146,8592021Assets 2022: $2,174,608Liabilities 2022: $264,890Net Assets 2022: $1,909,7182022Assets 2023: $2,638,192Liabilities 2023: $315,899Net Assets 2023: $2,322,2932023Assets 2024: $3,180,011Liabilities 2024: $359,045Net Assets 2024: $2,820,9662024Assets 2025: $3,896,378Liabilities 2025: $405,813Net Assets 2025: $3,490,5652025

Highlighted filing

2021

Assets$2,455,075
Liabilities$308,216
Net Assets$2,146,859

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $143,029Expenses 2011: $60,327Net Income 2011: $82,7022011Expenses 2012: $60,9742012Revenue 2013: $117,242Expenses 2013: $76,265Net Income 2013: $40,9772013Revenue 2014: $86,763Expenses 2014: $58,099Net Income 2014: $28,6642014Revenue 2015: $107,653Expenses 2015: $69,714Net Income 2015: $37,9392015Revenue 2016: $36,327Expenses 2016: $53,577Net Income 2016: -$17,2502016Revenue 2017: $42,181Expenses 2017: $56,919Net Income 2017: -$14,7382017Revenue 2018: $31,261Expenses 2018: $52,769Net Income 2018: -$21,5082018Revenue 2019: $44,707Expenses 2019: $54,905Net Income 2019: -$10,1982019Revenue 2020: $32,989Expenses 2020: $41,045Net Income 2020: -$8,0562020Revenue 2021: $195,644Expenses 2021: $52,583Net Income 2021: $143,0612021Revenue 2022: $168,465Expenses 2022: $67,717Net Income 2022: $100,7482022Revenue 2023: $139,302Expenses 2023: $64,979Net Income 2023: $74,3232023Revenue 2024: $302,773Expenses 2024: $76,320Net Income 2024: $226,4532024Revenue 2025: $754,538Expenses 2025: $84,939Net Income 2025: $669,5992025

Highlighted filing

2021

Revenue$195,644
Expenses$52,583
Net Income$143,061
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 3, 2022
Return Version
2021v4.2
Gross Receipts
$195,644
Mission and Program Overview

Mission

The mission of the asprs foundation is to advance the understanding and use of spatial data for the betterment of humankind and the effective operation of public and private organizations by supporting an extensive and broadly based program that provides grants, scholarships, loans, and other forms of aid to individuals or organizations pursuing knowledge of the geospatial sciences.

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,881,604$2,252,037▲ $370,433
Cash and Non-Interest-Bearing Accounts$133,998$203,038▲ $69,040
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$2,015,602$2,455,075▲ $439,473
Liabilities
Other Liabilities$255,104$308,216▲ $53,112
Accounts Payable and Accrued Expenses$3,000--
Total Liabilities$258,104$308,216▲ $50,112
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,004,938$1,007,651▲ $2,713
Total Net Assets Fund Balance$1,757,498$2,146,859▲ $389,361
Total Liabilities and Net Assets / Fund Balance$2,015,602$2,455,075▲ $439,473

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0--
Other Land Buildings$0--
Land$0--
Equipment$0--
Leasehold Improvements$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021----$0
2020----$0
2019----$0
2018----$0
2017----$0
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$168,027
Program Service Revenue
$0
Investment Income
$27,617
Other Revenue
$0
All Other Contributions
$168,027
Change in Net Assets
$143,061

Audited Revenue Reconciliation

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

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$47,525
Other Expenses$5,058
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$47,525--$47,525
Fees for Services Accounting-$2,600-$2,600
Fees for Service Investment Mgmnt Fees-$1,835-$1,835
Office Expenses-$574-$574
Fees for Services Legal-$49-$49
Total Functional Expenses$47,525$5,058$0$52,583

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Total Expenses per Form 990$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
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to regions$308,216
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
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

The Form 990 is prepared by an accounting firm and distributed to the Board of Trustees for review and comment prior to filing.

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

The conflict of interest policy is reviewed and signed annually by all Board members.

Form 990, Part VI, Section C, Line 19

The governing documents and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
ASPRS Foundation Inc
EIN
52-1182677
Phone
3014930290
Address
425 Barlow Place, Bethesda, MD 20814

Signing Officer

Name
James Plasker
Title
Treasurer
Phone
3014930290
Signed
2022-02-03

Organization Details

Formed
1979
Legal Domicile
Md
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Stevenson CPA LLC
Address
24 W Camelback Road Suite A568, Phoenix, AZ 85013
Preparer
Lisa Stevenson
Phone
6023199243
Supplemental Narrative

Additional Explanations

Form 990 Part III, Line 1

The mission of The ASPRS Foundation is to advance the understanding and use of spatial data for the betterment of humankind and the effective operation of public and private organizations. To establish an extensive and broadly based program that provides grants, scholarships, loans, and other forms of aid to individuals or organizations pursuing knowledge of the arts and sciences associated with the collection, management, and analysis of geospatial data and information, including discipline areas ranging from geographic and land information systems to surveying, photogrammetry, remote sensing, global positioning, cartography, physical geography, computer science, geoscience, bioscience, engineering, land planning, natural resource management, environmental science, natural disaster assessment, social science, and business.

Form 990, Part III, Line 4A

William A Fischer Memorial Scholarship, The purpose of the award is to facilitate graduate level studies and career goals directed towards new and innovative uses of remote sensing data and techniques that relate to the natural cultural or agricultural resources of the Earth. Kenneth J Osborn Memorial Scholarship, The purpose of the scholarship is to encourage and commend college students who display exceptional interest desirability and aptitude to enter the profession of surveying mapping photogrammetry or geospatial information and technology. In addition the Scholarship recognizes students who excel at an aspect of the profession that Ken Osborn demonstrated so very well that of communications and collaboration.

Form 990, Part III, Line 4A continued

Student Assistantship Awards, The purpose of this award is to increase student exposure to the profession and to encourage continued student identification with and membership in ASPRS as their national professional organization. Ta Liang Memorial Award, The purpose of this award is to facilitate research related travel by outstanding graduate students in remote sensing, including field investigations, agency visits, participation in conferences, or any travel that enhances or facilitates a graduate research program. Paul R Wolf Memorial Scholarship, The purpose of the award is to encourage and commend college students who display exceptional interest desire ability and aptitude to enter the profession of teaching Surveying Mapping or Photogrammetry.

Form 990, Part III, Line 4A continued

Abraham Anson Memorial Scholarship, The purpose of this award is to encourage students who have an exceptional interest in pursuing scientific research or education in geospatial science or technology related to photogrammetry remote sensing surveying and mapping to enter a professional field where they can use the knowledge of their discipline to excel in their profession. Outstanding Technical Achievement Award, The purpose of this award is to recognize developers of specific breakthrough technologies that causes major advances in the practice of photogrammetry, remote sensing or geographic information systems in the United States.

Form 990, Part III, Line 4A continued

John O Behrens Institute for Land Information Memorial Scholarship, The purpose of the award is to encourage those who have an exceptional interest in pursuing scientific research or education in geospatial science or technology or land information systems and records to enter a professional field where they can use the knowledge of this discipline to excel in their profession. The Brock Gold Medal Award, The purpose of the award is to recognize an outstanding landmark in the evolution of the photogrammetry, remote sensing and spatial information sciences, which shall be a proven contribution to these sciences and technologies of whatever form, whether a major completed project or program, some fundamentally new equipment, system or fundamentally new technique, or other new departure.

Form 990, Part XI, Line 5

246,300 of unrealized gains are included in the compiled financial statements, but, per the IRS guidelines, are excluded from revenue reported on Part VIII of the Form 990.

Form 990, Part XI, Line 7

1,835 of investment expense are included net of revenue in the compiled financial statements, but, per the IRS guidelines, are included in expense on Part IV of the Form 990.

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IRS990ScheduleA/FactsAndCircumstancesTestTxt0Part II, Section C, Line 17a
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The Foundations assets represent donations made by several thousand individuals practicing in the fields of photogrammetry remote sensing and geospatial analysis over many years with the specific objective of fully endowing the awards and scholarship grants made by the American Society for Photogrammetry and Remote Sensing (ASPRS). The Public Support ratio has remained relatively stagnant from the prior year and is still lagging for several reasons, including the fact that investment income has increased significantly in recent years combined with the fact that the donor class is generally aware that the designated award funds have essentially reached full endowment status. Reviewing all of the factors, the organization believes it will soon meet the thirty three and one third support test once again.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part II, Section C, Line 17a
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships and awards
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Trustees of the Foundation approve grants through a formal grant process. The grantees must prepare a report detailing the financial use of the grant funds.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Schedule I, Part I, Line 2
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The mission of The ASPRS Foundation is to advance the understanding and use of spatial data for the betterment of humankind and the effective operation of public and private organizations. To establish an extensive and broadly based program that provides grants, scholarships, loans, and other forms of aid to individuals or organizations pursuing knowledge of the arts and sciences associated with the collection, management, and analysis of geospatial data and information, including discipline areas ranging from geographic and land information systems to surveying, photogrammetry, remote sensing, global positioning, cartography, physical geography, computer science, geoscience, bioscience, engineering, land planning, natural resource management, environmental science, natural disaster assessment, social science, and business.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1William A Fischer Memorial Scholarship, The purpose of the award is to facilitate graduate level studies and career goals directed towards new and innovative uses of remote sensing data and techniques that relate to the natural cultural or agricultural resources of the Earth. Kenneth J Osborn Memorial Scholarship, The purpose of the scholarship is to encourage and commend college students who display exceptional interest desirability and aptitude to enter the profession of surveying mapping photogrammetry or geospatial information and technology. In addition the Scholarship recognizes students who excel at an aspect of the profession that Ken Osborn demonstrated so very well that of communications and collaboration.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Student Assistantship Awards, The purpose of this award is to increase student exposure to the profession and to encourage continued student identification with and membership in ASPRS as their national professional organization. Ta Liang Memorial Award, The purpose of this award is to facilitate research related travel by outstanding graduate students in remote sensing, including field investigations, agency visits, participation in conferences, or any travel that enhances or facilitates a graduate research program. Paul R Wolf Memorial Scholarship, The purpose of the award is to encourage and commend college students who display exceptional interest desire ability and aptitude to enter the profession of teaching Surveying Mapping or Photogrammetry.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Abraham Anson Memorial Scholarship, The purpose of this award is to encourage students who have an exceptional interest in pursuing scientific research or education in geospatial science or technology related to photogrammetry remote sensing surveying and mapping to enter a professional field where they can use the knowledge of their discipline to excel in their profession. Outstanding Technical Achievement Award, The purpose of this award is to recognize developers of specific breakthrough technologies that causes major advances in the practice of photogrammetry, remote sensing or geographic information systems in the United States.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4John O Behrens Institute for Land Information Memorial Scholarship, The purpose of the award is to encourage those who have an exceptional interest in pursuing scientific research or education in geospatial science or technology or land information systems and records to enter a professional field where they can use the knowledge of this discipline to excel in their profession. The Brock Gold Medal Award, The purpose of the award is to recognize an outstanding landmark in the evolution of the photogrammetry, remote sensing and spatial information sciences, which shall be a proven contribution to these sciences and technologies of whatever form, whether a major completed project or program, some fundamentally new equipment, system or fundamentally new technique, or other new departure.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Form 990 is prepared by an accounting firm and distributed to the Board of Trustees for review and comment prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The conflict of interest policy is reviewed and signed annually by all Board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The governing documents and financial statements are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8246,300 of unrealized gains are included in the compiled financial statements, but, per the IRS guidelines, are excluded from revenue reported on Part VIII of the Form 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt91,835 of investment expense are included net of revenue in the compiled financial statements, but, per the IRS guidelines, are included in expense on Part IV of the Form 990.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 Part III, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 4a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part III, Line 4a continued
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part III, Line 4a continued
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part III, Line 4a continued
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part XI, Line 5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part XI, Line 7
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.90$0.41$3.49$0.75$0.08$0.67
2024Detailed filing. Detailed filing data is available for this year.$3.18$0.36$2.82$0.30$0.08$0.23
2023Detailed filing. Detailed filing data is available for this year.$2.64$0.32$2.32$0.14$0.06$0.07
2022Detailed filing. Detailed filing data is available for this year.$2.17$0.26$1.91$0.17$0.07$0.10
2021Detailed filing. Detailed filing data is available for this year.$2.46$0.31$2.15$0.20$0.05$0.14
2020Detailed filing. Detailed filing data is available for this year.$2.02$0.26$1.76$0.03$0.04$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.82$0.23$1.60$0.04$0.05$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.58$0.19$1.38$0.03$0.05$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.69$0.20$1.49$0.04$0.06$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.55$0.19$1.36$0.04$0.05$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.42$0.18$1.24$0.11$0.07$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.45$0.10$1.35$0.09$0.06$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.42$0.10$1.31$0.12$0.08$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.06$1.15$0.06
2011Summary only. Only limited summary data is available for this year.$1.01$0.05$0.96$0.14$0.06$0.08