Overview
What is American Society Of Military Comptrollers?
The American Society of Military Comptrollers (ASMC) is a nonprofit organization headquartered at 415 N Alfred Street, Alexandria, Virginia. With a staff of 15 individuals, ASMC is committed to fostering the education and professional development of its members and advancing the field of military comptrollership. They achieve this through conducting training workshops and symposia, as evidenced by their Professional Development Institute Symposium. The society's mission is to support the growth and progress of military comptrollers, contributing to the broader defense finance management community.
Official website here: www.asmconline.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The American Society of Military Comptrollers has achieved an impressive 96% score, reflecting its strong commitment to accountability and finance. This high rating is primarily based on a single beacon score, emphasizing the organization's financial health and governance practices. Their fiscal management is highlighted by a substantial program expense ratio of nearly 80%, indicating that a significant portion of its budget is directed towards its mission-related activities.
The organization boasts a fully independent board, with 100% of its members meeting the criteria for independence. This governance structure, coupled with transparent financial oversight, contributes to a robust accountability framework, as evidenced by perfect scores in several areas including conflict of interest policies and audit committee performance. These strengths underscore the organization's dedication to ethical management and operational integrity.
However, while the financial ratios and governance practices are commendable, the summary does not provide insights into the specific programs or impact of the organization's work. This limitation makes it challenging to evaluate the effectiveness of their initiatives beyond financial management. Overall, the American Society of Military Comptrollers demonstrates strong fiscal responsibility and governance, making it a reliable choice for donors focused on accountability.
This AI summary has been generated from information found on Charity Navigator.
Is American Society Of Military Comptrollers legitimate?
American Society Of Military Comptrollers is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Society Of Military Comptrollers submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $248,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,110,918
For more financial information, click here
Official website here: www.asmconline.org
What is the mission statement of American Society Of Military Comptrollers?
The American Society of Military Comptrollers (ASMC) is committed to promoting the education and training of its members, fostering the development, and advancing the profession of military comptrollership. The organization supports this mission by providing opportunities for professional development through workshops and symposiums, such as the Professional Development Institute Symposium. ASMC aims to enhance the skills and knowledge of its members, thereby contributing to the overall strength and efficiency of military financial management.
Official website here: www.asmconline.org
What is the revenue of American Society Of Military Comptrollers?
American Society Of Military Comptrollers's revenue in 2023 was $5,563,688.
Official website here: www.asmconline.org
Who are the executives of American Society Of Military Comptrollers and what are their salaries?
The average compensation at American Society Of Military Comptrollers during 2023 was $104,535. There are 13 employees and 12 volunteers at American Society Of Military Comptrollers.
Here are 16 key members and their salaries:
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- Compensation: $249,189
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- Other: $13,770
- Compensation: $145,134
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- Other: $22,559
- Compensation: $123,613
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- Other: $18,240
Official website here: www.asmconline.org
Where can I find the form 990 for American Society Of Military Comptrollers?
American Society Of Military Comptrollers's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.asmconline.org
Learn more at the official website: www.asmconline.org
Mission Statement of American Society Of Military Comptrollers
The American Society of Military Comptrollers, abbreviated as ASMC, is dedicated to fostering the education and professional development of its members within the realm of military comptrollership. By promoting learning and training opportunities, ASMC supports the growth and advancement of this particular profession. Their mission is to cultivate a community of skilled and knowledgeable military comptrollers, thereby contributing to the overall strength and effectiveness of financial management within the military sector.
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Impact
July, 2024
The American Society of Military Comptrollers, through its promotion of education and training for members and support for the development of military comptrollership, plays a vital role in enhancing the professional skills and knowledge of individuals within the military finance sector. By organizing events like the Professional Development Institute Symposium, which offers training workshops and networking opportunities, ASMC contributes to the continuous improvement of its members' expertise and the overall advancement of the field. This commitment to professional development not only benefits the individuals involved but also has a broader impact on the effectiveness and efficiency of financial management within the military, ultimately contributing to the strength and readiness of the armed forces.
This information is meant to be a general summary of American Society Of Military Comptrollers. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $93,963
- Program Service Revenue: $5,541,058
- Gross Receipts: $12,038,151
Assets and Liabilities:
- Total Assets: $7,952,626
- Total Liabilities: $1,083,578
- Net Assets: $6,869,048
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PDI SYMPOSIUM
Revenue
$4,369,465
CERTIFICATION PROGRAM
Revenue
$583,639
MEMBERSHIP DUES
Revenue
$557,886
ADVERTISING
Revenue
$30,035
SUBSCRIPTION REVENUE
Revenue
$33
Organization Details
Founding Year
1948
Principal Officer
Richard Brady
Website
www.asmconline.orgNTEE Category
Code: S41Z - Community improvement
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