Civic Intelligence

American Moving and Storage Association Inc

EIN 53-0086290 • 501(c)6 • Alexandria, VA

Profile

To effectively represent and improve the moving and storage industry through effective advocacy and by building a respected quality promover brand.

2800 Eisenhower Avenue No 200Alexandria, VA 22314

www.promover.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2020

Liabilities / Revenue

6th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • $5M-$10M nonprofits • Source year 2020

Net Margin

37th percentile

1.0%

Higher net margin than 37% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

55th percentile

$297,944

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 11.3% of source-year revenue.

501(c)6 • $5M-$10M nonprofits • Source year 2020

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

4th percentile

-34%

Faster revenue growth than 4% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Down

$0

Down $4,017,690 (-100%) from 2019

Liabilities

Down

$0

Down $2,861,950 (-100%) from 2019

Net Assets

Down

$0

Down $1,155,740 (-100%) from 2019

Revenue

Down

$2,637,489

Down $1,367,159 (-34%) from 2019

Expenses

Down

$2,610,517

Down $1,808,969 (-41%) from 2019

Net Income

Up

$26,972

Up $441,810 (+107%) from 2019

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0-$5.0MAssets 2010: $3,629,085Liabilities 2010: $5,747,339Net Assets 2010: -$2,118,2542010Assets 2011: $2,809,365Liabilities 2011: $4,824,798Net Assets 2011: -$2,015,4332011Assets 2012: $3,263,711Liabilities 2012: $5,401,619Net Assets 2012: -$2,137,9082012Assets 2013: $4,946,812Liabilities 2013: $4,693,993Net Assets 2013: $252,8192013Assets 2014: $4,908,080Liabilities 2014: $4,426,474Net Assets 2014: $481,6062014Assets 2015: $4,990,038Liabilities 2015: $4,620,226Net Assets 2015: $369,8122015Assets 2016: $5,311,299Liabilities 2016: $4,566,922Net Assets 2016: $744,3772016Assets 2017: $5,911,838Liabilities 2017: $4,592,266Net Assets 2017: $1,319,5722017Assets 2018: $4,581,731Liabilities 2018: $3,828,502Net Assets 2018: $753,2292018Assets 2019: $4,017,690Liabilities 2019: $2,861,950Net Assets 2019: $1,155,7402019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2020

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2010: $3,785,824Expenses 2010: $4,435,116Net Income 2010: -$649,2922010Expenses 2011: $4,269,6592011Expenses 2012: $4,345,4932012Revenue 2013: $6,147,607Expenses 2013: $4,161,132Net Income 2013: $1,986,4752013Revenue 2014: $4,283,044Expenses 2014: $3,998,633Net Income 2014: $284,4112014Revenue 2015: $4,155,479Expenses 2015: $3,686,963Net Income 2015: $468,5162015Revenue 2016: $4,052,079Expenses 2016: $4,276,233Net Income 2016: -$224,1542016Revenue 2017: $3,958,513Expenses 2017: $3,654,312Net Income 2017: $304,2012017Revenue 2018: $3,971,365Expenses 2018: $6,924,603Net Income 2018: -$2,953,2382018Revenue 2019: $4,004,648Expenses 2019: $4,419,486Net Income 2019: -$414,8382019Revenue 2020: $2,637,489Expenses 2020: $2,610,517Net Income 2020: $26,9722020

Highlighted filing

2020

Revenue$2,637,489
Expenses$2,610,517
Net Income$26,972

Filings

Latest Detailed Filing

The latest 2020 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2018 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 31, 2019
Return Version
2018v3.1
Gross Receipts
$7,397,751
Mission and Program Overview

Mission

To effectively represent and improve the moving and storage industry through effective advocacy and by building a respected quality promover brand.

To promote knowledge of the moving and storage industry and communicate to the public the value of hiring a professional mover based upon the endorsement of the promover brand. To provide strong and effective advocacy for the industry and the consumer utilizing moving and storage services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,083,213$1,960,104▼ $123,109
Investments in Publicly Traded Securities$1,839,872$1,597,431▼ $242,441
Investments Other Securities$877,293--
Land, Buildings, and Equipment, Net$510,846$459,999▼ $50,847
Accounts Receivable$411,693$388,229▼ $23,464
Prepaid Expenses and Deferred Charges$88,655$80,989▼ $7,666
Total Assets$5,911,838$4,581,731▼ $1,330,107
Other Assets Total$100,266$94,979▼ $5,287
Liabilities
Deferred Revenue$1,744,414$1,877,714▲ $133,300
Accounts Payable and Accrued Expenses$2,210,690$1,275,112▼ $935,578
Other Liabilities$637,162$675,676▲ $38,514
Total Liabilities$4,592,266$3,828,502▼ $763,764
Net Assets / Fund Balance
Unrestricted Net Assets$1,319,572$753,229▼ $566,343
Total Net Assets Fund Balance$1,319,572$753,229▼ $566,343
Total Liabilities and Net Assets / Fund Balance$5,911,838$4,581,731▼ $1,330,107

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$285,868$45,137$331,005
Equipment$167,698$138,157$305,855
Other Land Buildings$6,433$68,197$74,630
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott MichaelPresident & CEOFT$280,542$70,000$350,542
Jacquelyn GanskoppChief Financial OfficerFT$176,783$22,515$199,298
Paul MilotteVice President Government AffairsFT$146,687$28,117$174,804
John BeckerVice President, Military PolicyFT$129,294$7,731$137,025
Samantha HaSenior Director of MembershipFT$115,646$17,288$132,934
Michael KeatonSenior Director of CommunicationsFT$117,656$7,043$124,699

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,916,163
Investment Income
$53,331
Other Revenue
$1,871
Change in Net Assets
$-2,953,238
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,510,491
Other Expenses$1,414,112
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Pension Plan Contributions---$3,419,249
Other Salaries and Wages---$1,353,319
Current Officers, Directors, Trustees, and Key Employees---$724,644
Conferences and Meetings---$477,632
Occupancy---$152,141
All Other Expenses---$114,809
Information Technology---$105,849
Travel---$95,463
Depreciation Depletion---$94,903
Office Expenses---$72,607
Fees for Services Lobbying---$55,091
Fees for Services Legal---$37,322
Other Expenses---$26,618
Fees for Services Other---$26,604
Fees for Services Accounting---$19,545
Other Employee Benefits---$13,279
Fees for Service Investment Mgmnt Fees---$12,469
Insurance---$11,913
Total Functional Expenses$0$0$0$6,924,603
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$255,772
Total Nondeductible Lobbying and Political Cost$214,710
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Lease Incentive$354,501
Deferred Rent$191,652
Deferred Compensation$80,112
Capital Lease Liability$49,411
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

American moving and storage association, inc. Is a trade association consisting of dues paying members.

Form 990, Part VI, Section A, Line 7A

American moving and storage association, inc. Has 44 board members including 4 officers and 12 executive committee members. There are also 18 committees. The board members serve 2 year renewable terms. Nominations for board members are accepted from the general membership throughout the year. Only members present at the annual meeting are allowed to vote.

Form 990, Part VI, Section B, Line 11B

The budget, finance and audit committee within the board of directors receives a copy of the form 990 prior to filing. The president/ceo and the chief financial officer also review the form 990 before it is filed.

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

The association requires multiple bids on any significant purchases to avoid a potential conflict of interest. In addition, agreements for outside services are reviewed by multiple staff and filed in a central location to avoid a potential conflict. Staff meetings provide an opportunity to question anything that might be a conflict of interest.

Form 990, Part VI, Section B, Line 15

The executive committee of the board of directors determines the president/ceo's compensation. The salaries of the other key employees are established by an independent human resource consulting firm and market studies.

Form 990, Part VI, Section C, Line 18

The association's form 990 is available upon request.

Form 990, Part VI, Section C, Line 19

The documents are available upon request.

Filing and Contact Details

Filer

Filer Name
American Moving and Storage Association
EIN
53-0086290
Phone
7036837410
Address
2800 EISENHOWER AVENUE NO 200, ALEXANDRIA, VA 22314

Signing Officer

Name
Scott Michael
Title
President & CEO
Phone
7036837418
Signed
2019-07-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Michael
Formed
1936
Legal Domicile
Va
Voting Board Members
44
Independent Board Members
44
Employees
21
Volunteers
44

Preparer

Firm
Renner and Company CPA Pc
Address
700 NORTH FAIRFAX ST SUITE 400, ALEXANDRIA, VA 22314
Preparer
Andrew E Young CPA
Phone
7035351200
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Incremental effect on net assets of defined benefit plan fas 158 adjustment 2,507,147.

FORM 990, PART XII, LINE 2C:

The budget, finance, and audit committe of the board of directors assumes responsibility for oversight of the independent audit, reviewing the annual audit report, and the selection of the independent auditors. The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

In accounting for uncertainty in income taxes, accounting standards require an entity to recognize the financial statement impact of a tax position when it is more-likely-than-not that the position will not be sustained upon examination. Management evaluated the association's tax positions and concluded there are no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance.

Raw XML AppendixShowing 400 of 857 raw XML fields

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/ActivityOrMissionDesc0TO PROMOTE KNOWLEDGE OF THE MOVING AND STORAGE INDUSTRY AND COMMUNICATE TO THE PUBLIC THE VALUE OF HIRING A PROFESSIONAL MOVER BASED UPON THE ENDORSEMENT OF THE PROMOVER BRAND. TO PROVIDE STRONG AND EFFECTIVE ADVOCACY FOR THE INDUSTRY AND THE CONSUMER UTILIZING MOVING AND STORAGE SERVICES.
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