Civic Intelligence

Association for Traditional Studies

990 • Fiscal year 2018 • EIN 84-1436728

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 13, 2019

23 BroadwayAsheville, NC 28806

(828) 398-0667

Siviq Scores

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

Liabilities / Assets

90th percentile

0.04x

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

2018 filings • NTEE T • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

82nd percentile

0.01x

Higher debt load relative to revenue than 82% of similar nonprofits.

2018 filings • NTEE T • $500k-$1M nonprofits • Source year 2018

Net Margin

61st percentile

11%

Higher net margin than 61% of similar nonprofits.

2018 filings • NTEE T • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

94th percentile

$50,166

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 9.9% of source-year revenue.

2018 filings • NTEE T • $500k-$1M nonprofits • Source year 2018

Asset Growth

93rd percentile

61%

Faster asset growth than 93% of similar nonprofits.

2018 filings • NTEE T • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

40th percentile

-7.3%

Faster revenue growth than 40% of similar nonprofits.

2018 filings • NTEE T • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$103,848

Up $39,289 (+61%) from 2017

Net Assets

Up

$99,778

Up $58,205 (+140%) from 2017

Liabilities

Down

$4,070

Down $18,916 (-82%) from 2017

Revenue

Down

$506,613

Down $40,040 (-7.3%) from 2017

Expenses

Down

$448,408

Down $103,588 (-19%) from 2017

Net Income

Up

$58,205

Up $63,548 (+1189%) from 2017

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $80,829Net Assets 2011: $80,8292011Assets 2012: $86,723Liabilities 2012: $927Net Assets 2012: $85,7962012Assets 2013: $80,509Liabilities 2013: $122Net Assets 2013: $80,3872013Assets 2014: $73,662Liabilities 2014: $107Net Assets 2014: $73,5552014Assets 2015: $71,581Liabilities 2015: $5,443Net Assets 2015: $66,1382015Assets 2016: $57,644Liabilities 2016: $10,567Net Assets 2016: $47,0772016Assets 2017: $64,559Liabilities 2017: $22,986Net Assets 2017: $41,5732017Assets 2018: $103,848Liabilities 2018: $4,070Net Assets 2018: $99,7782018Assets 2019: $165,079Liabilities 2019: $11,578Net Assets 2019: $153,5012019Assets 2020: $194,936Liabilities 2020: $75,213Net Assets 2020: $119,7232020Assets 2022: $185,992Liabilities 2022: $3,846Net Assets 2022: $182,1462022Assets 2023: $196,389Liabilities 2023: $2,680Net Assets 2023: $193,7092023Assets 2024: $209,179Liabilities 2024: $0Net Assets 2024: $209,1792024

Highlighted filing

2018

Assets$103,848
Liabilities$4,070
Net Assets$99,778

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $73,554Expenses 2011: $99,078Net Income 2011: -$25,5242011Revenue 2012: $128,945Expenses 2012: $123,978Net Income 2012: $4,9672012Revenue 2013: $173,743Expenses 2013: $144,418Net Income 2013: $29,3252013Revenue 2014: $213,027Expenses 2014: $171,279Net Income 2014: $41,7482014Revenue 2015: $286,767Expenses 2015: $293,359Net Income 2015: -$6,5922015Revenue 2016: $437,239Expenses 2016: $456,300Net Income 2016: -$19,0612016Revenue 2017: $546,653Expenses 2017: $551,996Net Income 2017: -$5,3432017Revenue 2018: $506,613Expenses 2018: $448,408Net Income 2018: $58,2052018Revenue 2019: $582,120Expenses 2019: $528,397Net Income 2019: $53,7232019Revenue 2020: $447,146Expenses 2020: $480,923Net Income 2020: -$33,7772020Revenue 2022: $679,315Expenses 2022: $696,393Net Income 2022: -$17,0782022Revenue 2023: $779,027Expenses 2023: $767,464Net Income 2023: $11,5632023Revenue 2024: $864,611Expenses 2024: $849,138Net Income 2024: $15,4732024

Highlighted filing

2018

Revenue$506,613
Expenses$448,408
Net Income$58,205
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 13, 2019
Return Version
2018v3.1
Gross Receipts
$506,613
Mission and Program Overview

Mission

The Association for Traditional Studies is an education focused public charity, providing training programs for professionals in

The Association for Traditonal Studies is an education focused public charity, providing training programs for professionals in the fields of Chinese medicine, martial arts and self development as well as providing low

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$31,615$67,519▲ $35,904
Accounts Receivable$1,613$15,344▲ $13,731
Inventories for Sale or Use$15,000$9,989▼ $5,011
Land, Buildings, and Equipment, Net$13,017$7,796▼ $5,221
Savings and Temporary Cash Investments$114--
Total Assets$64,559$103,848▲ $39,289
Other Assets Total$3,200$3,200→ $0
Liabilities
Accounts Payable and Accrued Expenses$22,261$3,229▼ $19,032
Other Liabilities$725$841▲ $116
Total Liabilities$22,986$4,070▼ $18,916
Net Assets / Fund Balance
Unrestricted Net Assets$41,573$99,778▲ $58,205
Total Net Assets Fund Balance$41,573$99,778▲ $58,205
Total Liabilities and Net Assets / Fund Balance$64,559$103,848▲ $39,289

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,940$17,508$23,448
Other Land Buildings$1,856$1,181$3,037
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrew Nugent-HeadPresidentFT$42,851$7,315$50,166

Board Members and Trustees

NameTitle
Steven BadgerChairman
Peter AlexanderBoard Member
Josh KirschenbaumSecretary
Marie Nugent-HeadTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$63,060
Program Service Revenue
$439,334
Investment Income
$0
Other Revenue
$4,219
All Other Contributions
$63,060
Change in Net Assets
$58,205
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$272,276
Other Expenses$176,132
Total Fundraising Expense$19,257
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$120,808$22,652$7,550$151,010
Comp Disqual Persons$45,849$8,597$2,865$57,311
Occupancy$43,657$8,186$2,728$54,571
Current Officers, Directors, Trustees, and Key Employees$34,281$6,428$2,142$42,851
Office Expenses$26,335$4,938$1,646$32,919
Payroll Taxes$16,883$3,166$1,055$21,104
Advertising$9,768$1,832$610$12,210
Depreciation Depletion$4,177$783$261$5,221
Fees for Services Accounting-$3,920-$3,920
Information Technology$1,331$250$83$1,664
Travel$1,140$214$71$1,425
Interest-$851-$851
Fees for Services Other$500$94$31$625
Other Expenses$459$86$29$574
Insurance$440$83$27$550
Total Functional Expenses$366,593$62,558$19,257$448,408
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
JulieAnn Nugent-HeadWife of PresidentEmployeeNo$57,311
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$841
Gift Certificates-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
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 A, Line Line 2

Yes, two board members are mother and son.

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

The 990 is prepared by independent accountants, reviewed by management, presented to the board for review, proposed revisions and final approval.

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

Enforced as necessary. Any board member with a conflict of interest on any specific issue informs the board and abstains from voting on the issue.

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

In the annual budgeting process the board approves a salary for the executive director.

Form 990, Part VI, Section C, Line Line 18

Forms 1023 and 990 are available upon request.

Form 990, Part VI, Section C, Line Line 19

Governing documents and reviewed financial statements are availabe upon request.

Filing and Contact Details

Filer

Filer Name
Association for Traditional Studies
EIN
84-1436728
Phone
8283980667
Address
23 Broadway, Asheville, NC 28806

Signing Officer

Name
Andrew Nugent-Head
Title
President
Phone
8285053963
Signed
2019-06-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Nugent-Head
Formed
1998
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
4
Employees
13
Volunteers
3

Preparer

Firm
Brian D Henderson CPA PA
Address
56 Central Ave Ste 205, Asheville, NC 28801
Preparer
Brian D Henderson
Phone
8285053963
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line Line 11G

Contract Labor, Total 625 Program Services 500 Management and General 94 Fundraising 31

Raw XML AppendixShowing 400 of 467 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/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0439334
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0114
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt034500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt032500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt015000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt013800
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt030000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0125800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt063060
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt091353
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt052350
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt043939
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt072101
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0322803
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt069
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt041
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0114
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0443553
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0457509
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0390899
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0268776
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0148049
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01708786
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt069
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt041
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0114
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt060
IRS990ScheduleA/OtherIncome509Grp/TotalAmt060
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.91710
IRS990ScheduleA/PublicSupportPY509Pct00.91290
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt01863289
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt049500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt040000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt035000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt013800
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt030000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0168300
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt015000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt07500
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt020000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt042500
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0506613
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0548862
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0443249
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0312715
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0220150
IRS990ScheduleA/Total509Grp/TotalAmt02031589
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0506613
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0548931
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0443350
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0312719
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0220150
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02031763
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt05940
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017508
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt023448
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01856
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01181
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03037
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0841
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Gift Certificates
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07796
IRS990ScheduleD/TotalLiabilityAmt0841
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JulieAnn Nugent-Head
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Wife of President
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt057311
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Employee
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Yes, two board members are mother and son.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 990 is prepared by independent accountants, reviewed by management, presented to the board for review, proposed revisions and final approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Enforced as necessary. Any board member with a conflict of interest on any specific issue informs the board and abstains from voting on the issue.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3In the annual budgeting process the board approves a salary for the executive director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Forms 1023 and 990 are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Governing documents and reviewed financial statements are availabe upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Contract Labor, Total 625 Program Services 500 Management and General 94 Fundraising 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line Line 11g
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt064559
IRS990/TotalAssetsEOYAmt0103848
IRS990/TotalAssetsGrp/BOYAmt064559
IRS990/TotalAssetsGrp/EOYAmt0103848
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt063060
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt019257
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt062558
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0366593
IRS990/TotalFunctionalExpensesGrp/TotalAmt0448408
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt022986
IRS990/TotalLiabilitiesEOYAmt04070

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.09$0.00$2.09$8.65$8.49$0.15
2023Summary only. Only limited summary data is available for this year.$1.96$0.03$1.94$7.79$7.67$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.86$0.04$1.82$6.79$6.96$0.17
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$0.75$1.20$4.47$4.81$0.34
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.12$1.54$5.82$5.28$0.54
2018Detailed filing. Detailed filing data is available for this year.$1.04$0.04$1.00$5.07$4.48$0.58
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.23$0.42$5.47$5.52$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.11$0.47$4.37$4.56$0.19
2015Detailed filing. Detailed filing data is available for this year.$0.72$0.05$0.66$2.87$2.93$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$2.13$1.71$0.42
2013Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.80$1.74$1.44$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.01$0.86$1.29$1.24$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.81$0.74$0.99$0.26