2021-11-11T09:47:43-06:00 2020-12-31 420714325 RSM US LLP 9801 WASHINGTONIAN BLVD STE 500 GAITHERSBURG MD 20878 990 2020-01-01 390852310 AMERICAN SOCIETY FOR TRAINING AND DEVELOPMENT AMER 7036838100 1640 KING STREET 3RD FLOOR ALEXANDRIA VA 22314 ANTHONY BINGHAM PRESIDENT/CEO 7036838100 2021-11-10 1 ANTHONY BINGHAM XXX-XX-XXXX WILLIAM E TURCO CPA P00369217 3012963600 2021-11-10 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ASSOCIATION FOR TALENT DEVELOPMENT ANTHONY BINGHAM 1640 KING STREET 3RD FLOOR ALEXANDRIA VA 22314 41503587 0 X WWW.TD.ORG X 1957 WI TO PROVIDE MEMBERSHIP BENEFITS, CONTENT AND RESOURCES TO TALENT DEVELOPMENT PROFESSIONALS. 8 8 175 62 1201029 116098 9233937 8548002 39065615 21176987 534549 664927 1726251 11113671 50560352 41503587 0 0 0 0 18472581 19642043 0 0 0 29037958 18522494 47510539 38164537 3049813 3339050 53914521 60362625 18016854 20006898 35897667 40355727 X EMPOWER PROFESSIONALS TO DEVELOP TALENT IN THE WORKPLACE. 0 0 7392075 14048850 EDUCATIONAL PROGRAMS: THIS DEPARTMENT CONSTRUCTS AND DELIVERS THE EDUCATIONAL CONTENT FOR CONFERENCE, SEMINARS, WORKSHOPS, AND IN-COMPANY TRAINING ON ALL ASPECTS OF TRAINING DEVELOPMENT AND PERFORMANCE ISSUES. 5431396 SALES AND MARKETING - PUBLIC AWARENESS:TRAINING AND DEVELOPMENT TOUCHES ALL BUSINESSES LARGE AND SMALL, PUBLIC AND PRIVATE. THIS DEPARTMENT STRIVES TO FURTHER EXPAND THE AWARENESS OF TRAINING AND ISSUES DEVELOPMENT TO A BROADER MARKET 4210638 1956656 PUBLISHING: INSIGHTS INTO BEST PRACTICES, ANALYSIS OF TRENDS, THE LATEST IDEAS IN THE FIELD, PRACTICAL HOW-TO GUIDANCE, AND INFORMATION ON PRODUCTS AND SERVICES ARE FEATURES IN ASTD PUBLICATIONS AND BOOKS, THE MONTHLY T+D MAGAZINE, THE ONLINE CTDO MAGAZINE, RESEARCH REPORTS, THE PRACTICAL TD AT WORK SERIES, AND OTHER PUBLICATIONS. 3312068 3146657 CONFERENCES AND EXPOSITIONS: ASTD'S CONFERENCES, EXPOSITIONS, AND SEMINARS PROVIDED THE MOST CURRENT INFORMATION, ALONG WITH COLLABORATIVE ACTIVITIES FOR ATTENDEES FROM AROUND THE WORLD. THE ANNUAL ASTD INTERNATIONAL CONFERENCE AND EXPOSITION IS THE PREEMINENT WORLD FORUM FOR PRESENTATION AND DISCUSSION OF NEW ISSUES AND PRACTICES IN LEARNING AND PERFORMANCE. THE ASTD TECHKNOWLEDGE CONFERENCE AND EXPOSITION BRINGS TOGETHER THE WORLDS OF TECHNICAL TRAINING AND LEARNING TECHNOLOGIES INTO ONE VENUE. 615361 MANAGEMENT FEE FROM ASTD CI 3224466 MEMBERSHIP AND CHAPTER MAINTENANCE AND SERVICES: THE MEMBERSHIP DEPARTMENT FOCUSES ON THE RETENTION OF EXISTING MEMBERS AND SERVICES TO CHAPTERS WITH THE USE OF A VARIETY OF VEHICLES THROUGH WHICH KNOWLEDGE OF THE WORKPLACE LEARNING AND PERFORMANCE FIELDS MAY BE DISSEMINATED. 247414 RESEARCH: ASTD'S RESEARCH PROJECTS ARE WORKPLACE-BASED AND ARE FOCUSED ON SEVERAL KEY THEMES: THE WAYS IN WHICH INDIVIDUALS AND ORGANIZATION LEARN; THE LINKS BETWEEN WORKPLACE LEARNING AND INDIVIDUAL AND ORGANIZATIONAL PERFORMANCE; THE ORGANIZATIONAL PROGRAMS THAT BEST IMPROVE PERFORMANCE AND ENHANCE WORKPLACE LEARNING; AND THE SYSTEMS DIMENSION OF PERFORMANCE. 92938 CAREER CENTER: PROVIDES GUIDANCE TO PROFESSIONALS LOOKING TO BEGIN OR EXPAND A CAREER IN THE WORKPLACE LEARNING AND PERFORMANCE FIELDS. JOB OPPORTUNITIES MAY BE POSTED HERE WITH THE ON-LINE JOB BANK, AS WELL AS PROFESSIONAL RESUMES. 6876886 3762018 23910995 1 0 0 1 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 279 0 1 175 1 1 1 1 HK CH 0 0 0 0 0 0 0 0 1 0 X 8 8 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 1 0 0 CA VA WI X JESSICA RICHARDS 7036838100 1640 KING STREET 3RD FLOOR ALEXANDRIA VA 22314 ROSE VELEZ-SMITH CHAIR 1.00 X X 0 0 0 JAMES JIM CAPRARA CHAIR-ELECT AND TREASURER 1.00 X X 0 0 0 SCOTT MILLWARD SECRETARY 1.00 X X 0 0 0 DESMOND ATKINS DIRECTOR 1.00 X 0 0 0 CHRIS COLADONATO CPTD DIRECTOR 1.00 X 0 0 0 CHRISTI KARANDIKAR DIRECTOR 1.00 X 0 0 0 ANDRE MARTIN DIRECTOR 1.00 X 0 0 0 MICHAEL NEHORAY DIRECTOR 1.00 X 0 0 0 ANTHONY BINGHAM PRESIDENT & CEO 39.00 1.00 X 1732696 0 166487 JESSICA RICHARDS DIRECTOR OF FINANCE 39.00 1.00 X 179016 0 9888 AMANDA MILLER DIRECTOR ENTERPRISE SOLUTION 40.00 X 308973 0 8374 JENNIFER CORSINI VICE PRESIDENT 40.00 X 306047 0 43592 COURTNEY VITAL VICE PRESIDENT, LEARNING 40.00 X 265547 0 14996 JEANA CHUN SENIOR ACCOUNT EXECUTIVE 40.00 X 231193 0 15049 ADEDAMOLA ST DANIELS DIRECTOR, TECHNOLOGY 40.00 X 199560 0 0 3223032 0 258386 55 0 1 0 INSYNC TRAINING LLC 1465 WOODBURY AVENUE 265 PORTSMOUTH NH 03801 EDUCATION PARTNER 1846917 DIGITAL MOBILE INNOVATIONS LLC 6550 ROCK SPRING DR 7TH FLOOR BETHESDA MD 20817 DIGITAL TRANSFORMATION SERVICES 842300 ANSR SOURCE CONTENT US LLC 5440 HARVEST HILL RD SUITE 234 DALLAS TX 75230 EDUCATION TECHNOLOGY SOLUTIONS 783648 FREEMAN PO BOX 734596 DALLAS TX 75373 CONFERENCE SERVICES 409498 WYNDHAM JADE LLC DBA MCI USA PO BOX 840907 DALLAS TX 75284 CONFERENCE SERVICES 350823 39 8548002 8548002 EDUCATIONAL PROGRAMS 900099 14048850 14048850 CONFERENCES & SEMINARS 611430 3177631 3146657 4950 26024 PUBLICATIONS 541800 2973147 1956656 1016491 SPONSORSHIPS 900099 977359 977359 21176987 601415 601415 672220 672220 63512 0 63512 63512 63512 INSURANCE PROCEEDS 900099 9646502 9646502 MANAGEMENT FEE 541900 615361 615361 JOB BANK 900004 179588 179588 10441451 41503587 19767524 1201029 11987032 X 1954055 1256499 697556 14952294 9598439 5353855 450575 326988 123587 1228205 820193 408012 1056914 790175 266739 181347 181347 68892 68892 40901 40901 4898401 3635382 1263019 1636642 1636642 409561 132617 276944 1834416 15179 1819237 130101 130101 1099646 2008 1097638 121399 105078 16321 4741449 4741350 99 18519 18519 1936740 403192 1533548 77915 4724 73191 INCOME TAX 231015 38859 192156 CREDIT CARD FEES 730189 4476 725713 COST OF SALES 261346 261346 RECRUITING 65695 65695 38320 7747 30573 38164537 23910995 14253542 0 18753480 23605109 1762021 2106528 933908 921298 3425411 1693348 20029901 14954983 3968036 5074918 12001741 12130145 6434646 7735442 6635278 7095837 53914521 60362625 4860777 5474330 12433934 11095200 722143 3437368 18016854 20006898 X 35897667 40355727 35897667 40355727 53914521 60362625 3339050 1119010 0 X 0 1 X 1 0 X 8907333 8424135 8763784 9233937 8548002 43877191 25399096 26375355 33343743 37640310 20155546 142914050 34306429 34799490 42107527 46874247 28703548 186791241 0 0 0 186791241 876478 894335 1063455 1058325 1273635 5166228 876478 894335 1063455 1058325 1273635 5166228 326507 285058 238214 179528 116098 1145405 1034977 1007738 1192041 855834 10261863 14352453 36544391 36986621 44601237 48967934 40355144 207455327 0.90040 0.94460 0.02490 0.02390 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME FROM EXEMPT ACTIVITY - 2016 AMOUNT: $ 1,034,977. 2017 AMOUNT: $ 1,007,738. 2018 AMOUNT: $ 1,192,041. 2019 AMOUNT: $ 855,834. 2020 AMOUNT: $ 615,361. INSURANCE CLAIM - 2020 AMOUNT: $ 9,646,502. 0 500 500 38164037 38164537 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 180 300 600 500 1580 250000 250000 250000 250000 1000000 1500000 2853156 1716260 1136896 17176745 13238723 3938022 5074918 ALTERNATIVE INVESTMENTS 4123255 F 8130.61 - ISHARES S&P 500 INDEX FUND CLASS G (BSPGX) 3612187 F 7735442 DEPOSITS 183016 DEFERRED COMPENSATION 498620 DUE FROM ASTD CERTIFICATION INSTITUTE 5547296 DUE FROM ASTD CONSULTING (SHANGHAI) COMPANY, LTD. 849204 DUE FROM ASTD LIMITED (HONG KONG) 17701 7095837 DEFERRED COMPENSATION 498620 DEFERRED RENT 160958 PAYROLL PROTECTION PROGRAM LOAN 2777790 3437368 X 44672467 1119010 2094457 3213467 41459000 40901 3686 44587 41503587 40364369 2290267 2290267 38074102 40901 49534 90435 38164537 PART X, LINE 2: ATD INC. HAS BEEN GRANTED EXEMPTION BY THE INTERNAL REVENUE SERVICE (IRS) FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE IRS HAS ALSO DETERMINED THAT ATD INC. IS NOT A PRIVATE FOUNDATION. ATD INC. EARNS UNRELATED BUSINESS INCOME FROM ADVERTISING ACTIVITIES AND CAREER CENTER ACTIVITIES. ATD INC. IS ALSO SUBJECT TO EXCISE TAX ON EXECUTIVE COMPENSATION AS OUTLINED IN IRC SECTION 4960. FEDERAL AND STATE TAX EXPENSE INCURRED BY ATD INC. WAS APPROXIMATELY $231,015 AND $72,077 FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2019, RESPECTIVELY. ASTD CI IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE IRC AND APPLICABLE STATE LAWS. IT IS THE OPINION OF MANAGEMENT THAT ASTD CI EARNED NO NET TAXABLE UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2019. MANAGEMENT EVALUATED ATD'S TAX POSITIONS AND CONCLUDED THAT NONE OF THE ENTITIES HAD TAKEN UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. GENERALLY, ATD INC. AND ASTD CI ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: AFFILIATE INCOME INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENT 2,143,991. BANK FEES RECLASSED TO FUNCTIONAL EXPENSE -49,534. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN ON FIXED ASSETS DISPOSAL TO PART VIII, LINE 7C 3,686. PART XII, LINE 2D - OTHER ADJUSTMENTS: AFFILIATE EXPENSE INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENT 2,293,953. GAIN ON FIXED ASSETS DISPOSAL TO PART VIII, LINE 7C -3,686. PART XII, LINE 4B - OTHER ADJUSTMENTS: BANK FEES RECLASSED TO FUNCTIONAL EXPENSE 49,534. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 2193450 EAST ASIA AND THE PACIFIC 1 0 PROGRAM SERVICES CONFERENCES 224869 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES CONFERENCES 25519 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES CONFERENCES 220395 NORTH AMERICA 0 0 PROGRAM SERVICES CONFERENCES 31990 SOUTH AMERICA 0 0 PROGRAM SERVICES CONFERENCES 3696 1 0 0 0 1 0 2699919 0 2699919 1 0 0 0 0 1 PART III ACCOUNTING METHOD: X X X X 0 1 0 1 0 1 0 1 0 ANTHONY BINGHAM PRESIDENT & CEO 780975 0 921331 0 30390 0 154250 0 17089 0 1904035 0 0 0 JENNIFER CORSINI VICE PRESIDENT 287596 0 18000 0 451 0 13958 0 30773 0 350778 0 0 0 AMANDA MILLER DIRECTOR ENTERPRISE SOLUTION 296367 0 12000 0 606 0 8374 0 9164 0 326511 0 0 0 COURTNEY VITAL VICE PRESIDENT, LEARNING 240313 0 25000 0 234 0 12246 0 5399 0 283192 0 0 0 JEANA CHUN SENIOR ACCOUNT EXECUTIVE 226849 0 4250 0 94 0 4996 0 10613 0 246802 0 0 0 ADEDAMOLA ST DANIELS DIRECTOR, TECHNOLOGY 199423 0 0 0 137 0 0 0 829 0 200389 0 0 0 JESSICA RICHARDS DIRECTOR OF FINANCE 168872 0 10000 0 144 0 8512 0 2492 0 190020 0 0 0 PART I, LINE 4B THE CEO, ANTHONY BINGHAM, PARTICIPATES IN A NON-QUALIFIED DEFERRED COMPENSATION PLAN. PART I, LINE 5 THE CEO'S PAY IS BASED ON A BALANCED SCORECARD, WITH ONE COMPONENT BEING ORGANIZATIONAL REVENUE. PART I, LINE 6 THE CEO'S PAY IS BASED ON A BALANCED SCORECARD, WITH ONE COMPONENT BEING ORGANIZATIONAL REVENUE. FOR ALL OTHERS SHOWN IN PART VII OF THE FORM 990, BONUS AMOUNTS ARE BASED ON A PERCENTAGE OF NET INCOME AND THEN DISTRIBUTED BASED ON PERFORMANCE REVIEW SCORES. PART I, LINE 7 PER THE CEO'S FORMAL AGREEMENT, AN ACCRUAL FOR A RETENTION BONUS WILL BEGIN IN 2020. FORM 990, PART I, ITEM C DBA: ASSOCIATION FOR TALENT DEVELOPMENT FORM 990, PART VI, SECTION A, LINE 6 TRAINING AND DEVELOPMENT PROFESSIONALS WITHIN ORGANIZATIONS OF ALL SIZES, IN THE PRIVATE AND PUBLIC SECTORS, AS INDEPENDENT CONSULTANTS, AND AS SUPPLIERS. FORM 990, PART VI, SECTION A, LINE 7A A SELECTION COMMITTEE APPOINTED BY THE ASTD BOARD OF DIRECTORS APPOINTS UP TO NINE MEMBERS OF THE ATD BOARD IN ACCORDANCE WITH THE ASTD BYLAWS. FORM 990, PART VI, SECTION A, LINE 7B PURSUANT TO PROVISIONS OF ASTD BYLAWS AND CHAPTER 181 OF THE WISCONSIN STATUTES, ATD'S MEMBERS HAVE THE RIGHT TO APPROVE AMENDMENTS TO THE ARTICLES AND BYLAWS AND OTHER FUNDAMENTAL TRANSACTIONS SUCH AS SALE OF ASSETS OTHER THAN IN THE REGULAR COURSE OF BUSINESS, MERGER, AND DISSOLUTION. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON THE BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B AS STATED IN POLICY 3.10, THE FINANCIAL PERFORMANCE COMMITTEE OF THE BOARD REVIEWS ASTD'S FEDERAL AND STATE TAX FORMS BEFORE THEY ARE FILED WITH THE GOVERNMENT. MANAGEMENT REVIEW - THE TAX FORMS ARE REVIEWED BY THE DIRECTOR OF FINANCE AND THE CONTROLLER WITH THE RSM TAX TEAM. ONCE THE FORMS ARE FINALIZED, THE DIRECTOR OF FINANCE REVIEWS WITH THE PRESIDENT/CEO BEFORE SIGN-OFF, AND THE FORMS ARE SENT TO THE OFFICERS OF THE ATD BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ANY CHANGES ARE DISCUSSED DURING QUARTERLY BOARD MEETINGS. ASTD MAINTAINS CLOSE COMMUNICATION WITH THEIR BOARD MEMBERS THROUGHOUT THE YEAR. FORM 990, PART VI, SECTION B, LINE 15A THE CHAIRMAN OF THE BOARD LEADS THE REVIEW AND DETERMINATION OF THE CEO'S COMPENSATION. THE DIRECTOR OF HUMAN RESOURCES COMPLETES A FORMAL COMPENSATION REVIEW UTILIZING EXTERNAL BENCHMARKING DATA. THE INSTRUCTIONS FROM THE BOARD TO HUMAN RESOURCES TO AFFECT CHANGES ARE WELL DOCUMENTED. THE COMPENSATION STRUCTURE IS REVIEWED ON A REGULAR BASIS BY HUMAN RESOURCES, WITH APPROVAL FROM THE CEO. THE STRUCTURE IS BASED ON A "MIDPOINT EQUALS MARKET" APPROACH. EACH YEAR, THE RESULTS OF INDIVIDUAL EMPLOYEE SCORECARDS (ASTD'S PERFORMANCE PLANNING TOOL) DETERMINE INDIVIDUAL COMPENSATION WITHIN THE STRUCTURE. MANAGERS HAVE INPUT INTO THE PROCESS, WITH ULTIMATE APPROVAL BY HUMAN RESOURCES AND THE CEO. FORM 990, PART VI, SECTION C, LINE 19 ASTD COMPLIES WITH THE PUBLIC INSPECTION REQUIREMENTS OF INTERNAL REVENUE CODE SECTION 6104 BY MAKING ITS FORM 1023, APPLICATION FOR RECOGNITION OF EXEMPTION UNDER SECTION 501(A), DETERMINATION LETTER FROM THE IRS, AND THE FORMS 990 FOR ITS THREE MOST RECENTLY COMPLETED TAX PERIODS AVAILABLE UPON REQUEST. HOWEVER, AS SECTION 6104 DOES NOT REQUIRE ORGANIZATIONS EXEMPT UNDER SECTION 501(C)(3) TO DISCLOSE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, OR FINANCIAL STATEMENTS, ASTD HAS CHOSEN NOT TO MAKE SUCH INFORMATION AVAILABLE FOR PUBLIC INSPECTION. ASTD MAKES THESE DOCUMENTS AVAILABLE TO MEMBERS TO THE EXTENT REQUIRED BY LAW. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 2,810,143. MANAGEMENT AND GENERAL EXPENSES 1,263,019. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,073,162. COMMISSION TO PARTNERS: PROGRAM SERVICE EXPENSES 825,239. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 825,239. ASTD CERTIFICATION INSTITUTE 1640 KING STREET ALEXANDRIA VA 22314 311788556 CERTIFICATION PROGRAM VA 501(C)(6) AMERICAN SOCIETY FOR TRAINING AND DEVELOPMENT 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 ASTD CERTIFICATION INSTITUTE A 155958 COST ASTD CERTIFICATION INSTITUTE D 6414201 COST ASTD CERTIFICATION INSTITUTE S 615361 COST