Civic Intelligence

Asrt Education and Research Foundation

EIN 85-0323021 • 501(c)3 • Albuquerque, NM

Profile

Our mission is to fund medical imaging and radiation therapy students and professionals by providing scholarships, research grants, global outreach fellowships and other scholarly activities to enhance the quality and safety of patient care. We are the philanthropic arm of the american society of radiologic technologists, the world's largest radiologic science organization.

15000 Central Ave SEAlbuquerque, NM 87123

foundation.asrt.org

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

17th percentile

0.04x

Higher debt load relative to revenue than 17% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

77th percentile

23%

Higher net margin than 77% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

78th percentile

18%

Faster asset growth than 78% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

77th percentile

27%

Faster revenue growth than 77% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets12th percentile

Assets

Up

$10,243,782

Up $1,559,148 (+18%) from 2023

Liabilities

Down

$50,186

Down $11,456 (-19%) from 2023

Net Assets

Up

$10,193,596

Up $1,570,604 (+18%) from 2023

Operations
Liabilities / Revenue17th percentileNet Margin77th percentile

Revenue

Up

$1,394,257

Up $292,818 (+27%) from 2023

Expenses

Up

$1,066,678

Up $107,356 (+11%) from 2023

Net Income

Up

$327,579

Up $185,462 (+130%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth78th percentile

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

$15M$10M$5.0M$0Assets 2010: $3,146,892Liabilities 2010: $9,287Net Assets 2010: $3,137,6052010Assets 2011: $3,151,039Liabilities 2011: $7,839Net Assets 2011: $3,143,2002011Assets 2012: $4,267,520Liabilities 2012: $19,399Net Assets 2012: $4,248,1212012Assets 2013: $4,751,979Liabilities 2013: $14,150Net Assets 2013: $4,737,8292013Assets 2014: $5,039,417Liabilities 2014: $27,355Net Assets 2014: $5,012,0622014Assets 2015: $5,300,372Liabilities 2015: $105,768Net Assets 2015: $5,194,6042015Assets 2016: $5,577,458Liabilities 2016: $137,382Net Assets 2016: $5,440,0762016Assets 2017: $5,820,407Liabilities 2017: $69,584Net Assets 2017: $5,750,8232017Assets 2018: $6,310,705Liabilities 2018: $48,496Net Assets 2018: $6,262,2092018Assets 2019: $6,791,926Liabilities 2019: $126,673Net Assets 2019: $6,665,2532019Assets 2020: $7,781,194Liabilities 2020: $63,582Net Assets 2020: $7,717,6122020Assets 2021: $9,159,409Liabilities 2021: $105,068Net Assets 2021: $9,054,3412021Assets 2022: $7,858,626Liabilities 2022: $83,737Net Assets 2022: $7,774,8892022Assets 2023: $8,684,634Liabilities 2023: $61,642Net Assets 2023: $8,622,9922023Assets 2024: $10,243,782Liabilities 2024: $50,186Net Assets 2024: $10,193,5962024

Highlighted filing

2024

Assets$10,243,782
Liabilities$50,186
Net Assets$10,193,596
Open 2024 Filing

Operations Trend

Revenue Growth77th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $668,4362010Expenses 2011: $726,6592011Revenue 2012: $1,776,223Expenses 2012: $776,089Net Income 2012: $1,000,1342012Revenue 2013: $1,589,711Expenses 2013: $984,000Net Income 2013: $605,7112013Revenue 2014: $1,315,130Expenses 2014: $1,073,349Net Income 2014: $241,7812014Revenue 2015: $1,404,235Expenses 2015: $1,014,407Net Income 2015: $389,8282015Revenue 2016: $896,326Expenses 2016: $952,669Net Income 2016: -$56,3432016Revenue 2017: $912,170Expenses 2017: $861,294Net Income 2017: $50,8762017Revenue 2018: $1,639,272Expenses 2018: $789,663Net Income 2018: $849,6092018Revenue 2019: $1,054,393Expenses 2019: $767,567Net Income 2019: $286,8262019Revenue 2020: $1,739,148Expenses 2020: $1,035,953Net Income 2020: $703,1952020Revenue 2021: $1,220,776Expenses 2021: $788,197Net Income 2021: $432,5792021Revenue 2022: $1,282,169Expenses 2022: $851,273Net Income 2022: $430,8962022Revenue 2023: $1,101,439Expenses 2023: $959,322Net Income 2023: $142,1172023Revenue 2024: $1,394,257Expenses 2024: $1,066,678Net Income 2024: $327,5792024

Highlighted filing

2024

Revenue$1,394,257
Expenses$1,066,678
Net Income$327,579
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$10,243,782
Liabilities
$50,186
Net assets
$10,193,596
Revenue
$1,394,257
Expenses
$1,066,678
Net income
$327,579
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$0.05$10.2$1.39$1.07$0.33
2023Summary only. Only limited summary data is available for this year.$8.68$0.06$8.62$1.10$0.96$0.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.86$0.08$7.77$1.28$0.85$0.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.16$0.11$9.05$1.22$0.79$0.43
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.78$0.06$7.72$1.74$1.04$0.70
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.79$0.13$6.67$1.05$0.77$0.29
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.31$0.05$6.26$1.64$0.79$0.85
2017Summary only. Only limited summary data is available for this year.$5.82$0.07$5.75$0.91$0.86$0.05
2016Summary only. Only limited summary data is available for this year.$5.58$0.14$5.44$0.90$0.95$0.06
2015Summary only. Only limited summary data is available for this year.$5.30$0.11$5.19$1.40$1.01$0.39
2014Detailed filing. Detailed filing data is available for this year.$5.04$0.03$5.01$1.32$1.07$0.24
2013Summary only. Only limited summary data is available for this year.$4.75$0.01$4.74$1.59$0.98$0.61
2012Summary only. Only limited summary data is available for this year.$4.27$0.02$4.25$1.78$0.78$1.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.15$0.01$3.14$0.73
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.15$0.01$3.14$0.67
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Jul 16, 2025
Return Version
2023v6.0
Gross Receipts
$4,145,975
Mission and Program Overview

Mission

Our mission is to fund medical imaging and radiation therapy students and professionals by providing scholarships, research grants, global outreach fellowships and other scholarly activities to enhance the quality and safety of patient care. We are the philanthropic arm of the american society of radiologic technologists, the world's largest radiologic science organization.

Fund education & research for radiologic sciences students & professionals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,218,530$8,809,091▲ $1,590,561
Savings and Temporary Cash Investments$1,006,765$948,311▼ $58,454
Pledges and Grants Receivable$447,655$467,213▲ $19,558
Prepaid Expenses and Deferred Charges$11,608$19,167▲ $7,559
Cash and Non-Interest-Bearing Accounts$76--
Total Assets$8,684,634$10,243,782▲ $1,559,148
Liabilities
Accounts Payable and Accrued Expenses$61,642$50,186▼ $11,456
Total Liabilities$61,642$50,186▼ $11,456
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,312,014$5,176,264▲ $864,250
Net Assets With Donor Restrictions$4,310,978$5,017,332▲ $706,354
Total Net Assets Fund Balance$8,622,992$10,193,596▲ $1,570,604
Total Liabilities and Net Assets / Fund Balance$8,684,634$10,243,782▲ $1,559,148

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$4,791,768$16,058▲ $1,103,486-$5,782,488
2022$4,249,401$79,336▲ $569,698-$4,791,768
2021$5,212,404$91,357▼ $954,491-$4,249,401
2020$3,339,165$1,035,342▲ $930,624-$5,212,404
2019$2,682,162$509,724▲ $208,779-$3,339,165
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeOtherTotal
Sal MartinoCEO to 1/3/2-$1,614,202$1,614,202
Michael Kudlas - to 22423Associate ExPT$332,208$332,208
Lisa Detemple - to 2224Chief Human-$303,628$303,628
Steve HardyEvp of Devel-$275,120$275,120
Sylvia Mclaughlin- Evp forExec & Board-$215,422$215,422
Jason BradleyVP Governanc-$186,974$186,974
Greg MorrisonDeputy CEO T-$165,581$165,581
Brandon Smith From 63024Trustee/bod-$5,000$5,000
Daniel Gonzales Through 62924Trustee/ Bod-$5,000$5,000

Board Members and Trustees

NameTitle
Sue MerrittChair
Tanya CusterVice Chair/s
Sylvia Mclaughlin- Evp forExec & Board Ops
Angela ReevesTrustee
Jeff LeggTrustee
Rachel GilliottiTrustee
Robert ThomasTrustee
Sheila WeisgerberTrustee
Michael Kudlas - to 22423Associate Exec Direc
Jacob BuehlerCCO
Melissa PergolaCEO
Sal MartinoCEO to 1/3/23
Laura NielCFO
Lisa Detemple - to 2224Chief Human Resource
Ray ArambulaCIO
Greg MorrisonDeputy CEO to 1/7/22
Steve HardyEvp of Development
Nahdia PirzadaTreasurer
Jason BradleyVP Governance & Pub
Revenue and Support

Revenue Composition

Contributions and Grants
$833,461
Program Service Revenue
$5,200
Investment Income
$535,983
Other Revenue
$19,613
All Other Contributions
$463,461
Change in Net Assets
$327,579

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,364,592
Revenue Not Reported on Financial Statements
$29,665
Revenue Not Reported on Form 990
$1,247,589
Other Revenue Adjustments
$-10,537
Total Revenue per Audited Statements
$2,612,181
Total Revenue per Form 990
$1,394,257
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$537,422
Other Expenses$529,256
Total Fundraising Expense$116,463
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$527,422--$527,422
Fees for Services Management$112,126$131,022-$243,148
Fees for Services Other$25,429$11,395$98,197$135,021
Conferences and Meetings$59,026$4,900-$63,926
Fees for Service Investment Mgmnt Fees$20,101$20,101-$40,202
Advertising--$18,266$18,266
Fees for Services Accounting$8,666$8,666-$17,332
Grants to Domestic Orgs$10,000--$10,000
Other Expenses-$5,902-$5,902
Fees for Services Legal$2,276$2,276-$4,552
Office Expenses-$907-$907
Total Functional Expenses$765,046$185,169$116,463$1,066,678

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,066,678
Total Expenses per Audited Statements$1,041,577
Expenses per Audited Statements$1,026,476
Expenses Not Reported on Financial Statements$40,202
Expenses Not Reported on Form 990$15,101
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of South AlabamaMobile, AL501c3See Part Iv$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$30,150
Gaming Direct Expenses$10,537
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
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7B

“The foundation's bylaws require that addition of new trustees and any changes in the foundation's bylaws be approved by the asrt board.”

Form 990, Page 6, Part VI, Line 11B

“The form 990 is prepared by the firm of pulakos cpas and reviewed by the staff, board of trustees, and legal counsel before filing.”

Form 990, Page 6, Part VI, Line 12C

“Trustees and officers are required to disclose any conflict of interest at the beginning of every board meeting. Annually, trustees sign a form acknowledging that they have read the conflict of interest policy. All volunteers are required to sign the same form when they begin volunteering.”

Form 990, Page 6, Part VI, Line 17

“Maine, maryland, mississippi, north carolina, north dakota, oklahoma, new jersey, new york, ohio, oregon, pennsylvania, rhode island, south carolina, tennessee, virginia, washington, wisconsin, west virginia”

Form 990, Page 6, Part VI, Line 19

“The foundation's governing documents and conflict of interest policy are available upon request. Annual reports with summary financial information are posted on the foundation's website.”

Filing and Contact Details

Filer

Filer Name
Asrt Foundation
EIN
85-0323021
Phone
5052984500
Address
15000 CENTRAL AVE SE, ALBUQUERQUE, NM 87123

Signing Officer

Name
Melissa Pergola
Title
CEO
Phone
5052984500
Signed
2025-07-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Pergola
Formed
1985
Legal Domicile
Nm
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
31

Preparer

Firm
Pulakos Cpas Pc
Address
6753 ACADEMY RD NE, ALBUQUERQUE, NM 87109
Preparer
Robert a Depasquale CPA
Phone
5053381500
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Our mission is to fund medical imaging and radiation therapy students and professionals by providing scholarships, research grants, global outreach fellowships and other scholarly activities to enhance the quality and safety of patient care. We are the philanthropic arm of the american society of radiologic technologists, the world's largest radiologic science organization.”

Form 990, Page 2, Part III, Line 4D

“Sponsor a student program, grants to asrt affiliates, arrt education and growth grants.”

Form 990, Part IX, Line 11G

“Other fees 25,429 11,395 98,197”

Form 990, Part XI, Line 9

“Drawing gaming expenses 10,537 drawing gaming expenses reclassed to page 9 -10,537”

Financial Statement Notes

Schedule D, Page 1, Part III, Line 1A

“The collections, which have been acquired through purchases and contributions since the museum's inception, are not recognized as assets on the statement of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired, or as decreases in temporarily restricted net assets if the assets used to purchase the items are restricted by donors. Contributed collection items are not reflected on the financial statements. Proceeds from deaccessions are reflected as increases in the appropriate net asset classes, and are designated for collection acquisition and care.”

Schedule D, Page 2, Part III, Line 4

“The collection consists of artifacts and equipment related to the history of the x-ray and medical imaging and radiation therapy techniques that will be displayed in the asrt's museum or be available as part of the museum archives. The museum is devoted to preserving and sharing the radiologic technology profession's rich history.”

Schedule D, Page 2, Part V, Line 4

“Income from the endowment is to be used for program scholarships and grants.”

Schedule D, Page 3, Part X

“The foundation is an exempt organization for federal income tax purposes under section 501(c)(3) of the internal revenue code and therefore, has no provision for federal taxes. The internal revenue service has classified the foundation as an organization that is not a private foundation. The foundation has adopted accounting principles generally accepted in the united states of america, as they relate to uncertain tax positions. Any interest and penalties recognized associated with a tax position are classified as current in the foundation's financial statements. The foundation is not currently under audit nor has the foundation been contacted by any tax jurisdictions. Management believes that the activities of the foundation are within their tax exempt purpose and that there are no uncertain tax positions or unrelated business income subject to income tax.”

Schedule D, Page 4, Part XI, Line 4B

“Drawing gaming expenses -10,537”

Schedule D, Page 4, Part XII, Line 2D

“Drawing gaming expenses reclassed to page 9 10,537”

Raw XML AppendixShowing 400 of 805 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/MissionDesc0OUR MISSION IS TO FUND MEDICAL IMAGING AND RADIATION THERAPY STUDENTS AND PROFESSIONALS BY PROVIDING SCHOLARSHIPS, RESEARCH GRANTS, GLOBAL OUTREACH FELLOWSHIPS AND OTHER SCHOLARLY ACTIVITIES TO ENHANCE THE QUALITY AND SAFETY OF PATIENT CARE. WE ARE THE PHILANTHROPIC ARM OF THE AMERICAN SOCIETY OF RADIOLOGIC TECHNOLOGISTS, THE WORLD'S LARGEST RADIOLOGIC SCIENCE ORGANIZATION.
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE ASRT FOUNDATION AWARDED 20 GLOBAL OUTREACH GRANTS, 4 CONTINUING EDUCATION CONFERENCE TRAVEL GRANTS, 2 INTERNATIONAL SPEAKER EXCHANGE GRANTS AND 2 RESEARCH GRANTS. THE TOPICS OF THE RESEARCH GRANTS FUNDED WERE, EVALUATING PATIENT IMMOBILIZATION MASKS FOR BACTERIA CAUSING HEALTHCARE- ASSOCIATED INFECTIONS AND MEASURING BURNOUT IN RADIOLOGIC SCIENCE EDUCATORS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE ASRT FOUNDATION'S CORPORATE ROUNDTABLE INCREASED THE BODY OF KNOWLEDGE IN THE RADIOLOGIC SCIENCES BY BRINGING TOGETHER CORPORATE LEADERS AT AN ANNUAL SUMMIT WHERE EXPERTS PRESENT RELEVANT INDUSTRY RELATED INFORMATION ALONG WITH ROUNDTABLE DISCUSSIONS OF THE MOST PRESSING CONCERNS FOR INDUSTRY AND THE FUTURE OF THE PROFESSION. ASRT FOUNDATION IS ENGAGED WITH THE CORPORATE ROUNDTABLE PARTNERS THROUGHOUT THE YEAR TO WORK ON SOLUTIONS TO PRIORITY ISSUES.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0SPONSOR A STUDENT PROGRAM, GRANTS TO ASRT AFFILIATES, ARRT EDUCATION AND GROWTH GRANTS.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0AN IRS DETERMINATION LETTER DATED 8/29/2014 HAS BEEN RECEIVED APPROVING THE FOUNDATION AS A SUPPORTING ENTITY OF THE AMERICAN SOCIETY OF RADIOLOGIC TECHNOLOGISTS (ASRT) (A C6 TRADE ASSOCIATION), THE SUPPORTED ENTITY. SINCE 2014, NO SUBSTANTIAL CHANGES HAVE OCCURRED IN THE SOURCES OF ASRT'S SUPPORT.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1CONTROLS THAT ARE IN PLACE TO ENSURE SUPPORT IS USED FOR CHARITABLE PURPOSES INCLUDE MONTHLY REVIEW OF FINANCIAL TRANSACTIONS BY THE CFO, COO, AND INTERNAL TEAMS, QUARTERLY AND ANNUAL REVIEW OF FINANCIAL INFORMATION BY THE CEO AND BOARD OF TRUSTEES, AN ANNUAL EXTERNAL AUDIT, AND REVIEW OF SCHOLARSHIP CANDIDATES BY MEMBER COMMITTEES, ETC.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE GRANTS WERE MADE TO PROMOTE SAFETY IN MEDICAL IMAGING AND RADIATION THERAPY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3THE FOUNDATION MADE A GRANT TO AN UNRELATED MEDICAL CENTER TO SUPPORT RESEARCH IN MEDICAL IMAGING AND RADIATION THERAPY.
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