ASSOCIATION OF PROFESSIONAL SOCIAL COMPLIANCE AUDITORS INC

EIN: 822693737 Community Improvement

WASHINGTON, DC

Total Revenue
$2,936,655
Total Expenses
$2,962,962
Total Assets
$935,772
Net Assets
$555,224
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
DC
Principal Officer
ROSS NOVA
Phone
6304188548
Tax Period
2023-01-01 to 2023-12-31

ASSOCIATION OF PROFESSIONAL SOCIAL COMPLIANCE AUDITORS INC, founded in 2017, is a community nonprofit in the Community Improvement sector that reported $2.9M in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum.

Mission

SEE PART III, LINE 1.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,941,355
Investment Income $-989
Other Revenue $-3,711
TOTAL REVENUE $2,936,655

Expense Breakdown

Grants Paid $0
Salaries & Benefits $465,222
Fundraising Expenses $0
Other Expenses $2,497,740
TOTAL EXPENSES $2,962,962

Year-over-Year Comparison

2023 2022 Change
Revenue $2,936,655 $2,163,088 +0.4%
Expenses $2,962,962 $1,980,391 +0.5%
Net Income $-26,307 $182,697 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
2
Volunteers
9

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$363,861
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURENT CORBAZ VICE PRESIDENT 1.70
Director
$0 $0 $0
AVEDIS SEFERIAN CHAIR 4.50
Officer Director
$0 $0 $0
JUSTIN BETTEY SECRETARY 1.70
Officer Director
$0 $0 $0
GREG GARDNER TREASURER / DIRECTOR 1.70
Officer Director
$0 $0 $0
RAJAN KAMALANATHAN DIRECTOR 1.70
Director
$0 $0 $0
JON WHITE DIRECTOR, (UNTIL 11/2023) 1.70
Director
$0 $0 $0
ANASTASIA SPATHI DIRECTOR, (UNTIL 11/2023) 1.70
Director
$0 $0 $0
MARK SPEARS DIRECTOR, (UNTIL 11/2023) 1.70
Director
$0 $0 $0
FRANK DORSSERS DIRECTOR, (UNTIL 11/2023) 1.70
Director
$0 $0 $0
LAURA RUBBO DIRECTOR, (UNTIL 11/2023) 1.70
Director
$0 $0 $0
GABRIELA LOPES DIRECTOR, (FROM 11/2023) 1.70
Director
$0 $0 $0
BARBARA GREGORY DIRECTOR, (FROM 11/2023) 1.70
Director
$0 $0 $0
CRAIG MOSS DIRECTOR, (FROM 11/2023) 1.70
Director
$0 $0 $0
LINDA DROMJONG DIRECTOR, (FROM 11/2023) 1.70
Director
$0 $0 $0
RONA STARR PRESIDENT & CEO, (UNTIL 11/2023) 40.00
Officer
$324,861 $0 $324,861
COLLEEN VIEN PRESIDENT & CEO, (FROM 11/2023) 40.00
Officer
$38,250 $750 $39,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $2,936,655 $2,962,962 $935,772 $-26,307
2022 $2,163,088 $1,980,391 $733,071 $182,697
2021 $1,967,712 $2,181,270 $501,208 $-213,558
2020 $1,695,395 $1,493,937 $676,609 $201,458
2019 $1,101,335 $1,091,182 $483,427 $10,153
2018 $929,984 $811,282 $422,008 $118,702
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