Advanced Textiles Association FY2022 filing

Not tax-deductible

Roseville, MN501(c)(6)Since 1912EIN 41-0434680Revenue $8.3M in FY2022

On file with the IRSifai.com1801 County Road B W Ste 100, 55113-2831 · Roseville, MNTax-exempt since Oct 1944

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Provide trade Association services to the members of the specialty fabrics marketplace.

$693K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

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FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $17K a year · under 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$693K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$4.2M
53% of total assets
Fine: liabilities are 53% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.3M
+39% vs prior year
Spent
$7.6M
Net assets
$3.7M
By yearFY2021–FY2025
Revenue
$8.3M
FY2022▲ +39%
Tap a bar for its year
Revenue by fiscal year
FY2021$5.9M
FY2022$8.3M
FY2023$7.7M
FY2024$8.4M
FY2025$9.2M
Expenses
$7.6M
FY2022▲ +23%
Tap a bar for its year
Expenses by fiscal year
FY2021$6.2M
FY2022$7.6M
FY2023$8.2M
FY2024$8.6M
FY2025$9.0M
Net assets
$3.7M
FY2022▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2021$3.4M
FY2022$3.7M
FY2023$3.4M
FY2024$3.7M
FY2025$4.2M

From the FY2022 Form 990 (year ending May 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1944.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

16 people listed on the 990; $693K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President and CEO
$260,963Pt VII · Sec A
VP of Events, Media, Sales
$162,730Pt VII · Sec A
CFO & VP of Technology
$140,273Pt VII · Sec A
$122,936Pt VII · Sec A
Immediate Past Chairman
$6,000Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairman of the Board
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Steve Schiffman$262,879$261,035$311,806$260,963$183,600
Amelia Collins - Vice President$164,281————
Amy Collins——$155,102$162,730$133,978
Sheila Sumner$161,014$158,331$150,865$140,273$120,464
Amy Collins - Vice President—$159,960———
Angela West———$122,936—
Sara Schaefer$106,350$121,526———
Brenda Olson—$110,326$109,852——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Connects specialty fabric businesses to industry resources and support.

Provided by the organization

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3 programs · in their own filed words · FY2021
01

Membership

Ata (advanced textiles association) membership consists of general membership dues, ata division and country memberships, and council dues. Council dues are passed onto the division. During the fiscal year, ata had 1,363 members.

Pt IX · col B
02

Publications

Ata publishes four trade magazines along with a member directory, buyer's guides and exposition guides. The organization has also expanded into digital publications. Ata published 32 issues and 6 publications in FY22.

Pt IX · col B
03

Trade Shows

Ata events include the ata expo, geosynthetics conference, smartfabrics summit, and womens conference. Other ata division and country events are specific to the cost center.

Pt IX · col B

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$8.3M
Ln 12
Fees for servicesLn 2g$7.2M
Gifts and grantsLn 1h$713K
Investment incomeLn 3$275K
Money outPt IX
$7.6M
Ln 25
Owns and owesPt X
$3.7M
net assets · Ln 32
Cash and savingsLn 1–2$2.6M
Total assetsLn 16$7.9M
LiabilitiesLn 26$4.2M
PeoplePt VI, VII
16
listed · VII A
PaidVII A5
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$713K
Government grantsLn 1e$713K
Fees for servicesLn 2g$7.2M
Investment incomeLn 3$275K
Other incomeLn 4–11$87K
Gains on assetsLn 7$25K
Total revenueLn 12$8.3M
Assets in detailPt X, end of year
CashLn 1$1.3M
SavingsLn 2$1.3M
Cash and savings togetherLn 1–2$2.6M
InvestmentsLn 11–13$3.8M
Land, buildings, equipmentLn 10c$478K
Other assetsLn 15$153K
Total assetsLn 16$7.9M
LiabilitiesLn 26$4.2M
Net assetsLn 32$3.7M
OperationsPt I, VI
EmployeesI 562
VolunteersI 60
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1.0M$2.6M
InvestmentsLn 11–13$3.9M$3.8M
Land, buildings, equipmentLn 10c$2.2M$478K
Total assetsLn 16$8.6M$7.9M
LiabilitiesLn 26$5.2M$4.2M
Net assetsLn 32$3.4M$3.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$771K
Other salaries and wagesLn 7$2.5M
Pension plan contributionsLn 8$56K
Other employee benefitsLn 9$297K
Payroll taxesLn 10$256K
Legal feesLn 11b$10K
Accounting feesLn 11c$19K
Lobbying feesLn 11d$433K
Investment management feesLn 11f$23K
Other fees for servicesLn 11g$275K
Advertising and promotionLn 12$92K
Office expensesLn 13$52K
Information technologyLn 14$83K
OccupancyLn 16$507K
TravelLn 17$180K
Conferences, conventions and meetingsLn 19$1.0M
InterestLn 20$15K
Depreciation, depletion and amortizationLn 22$142K
InsuranceLn 23$62K
Other expenses (24a–d)Ln 24$662K
All other expensesLn 24e$58K
Total functional expensesLn 25$7.6M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $9.2M$9.0M$227K$4.2M 990 PDF
FY2024 $8.4M$8.6M−$271K$3.7M 990 PDF
FY2023 $7.7M$8.2M−$509K$3.4M 990 PDF
FY2022 Viewing $8.3M$7.6M$687K$3.7M 990 PDF
FY2021 $5.9M$6.2M−$219K$3.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $8,259,339 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$713,300
I-9 Program service revenuePrior year $4,871,620$7,184,205
I-10 Investment incomePrior year $788,652$274,661
I-11 Other revenuePrior year $289,687$87,173
I-12 Total revenuePrior year $5,949,959$8,259,339
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,691,724$3,911,614
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,477,017$3,660,432
I-18 Total expensesPrior year $6,168,741$7,572,046
I-19 Revenue less expensesPrior year −$218,782$687,293
Part VI · Governance 12 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $8,259,339 across 8 lines filed
Lines not itemized here account for −$6,906 of total revenue; see the IRS return.
VIII-1e Government grants$713,300
VIII-1h Total contributions, gifts and grants$713,300
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,377,764 · Unrelated business $2,507,696 · Excluded from tax $298,745$7,184,205
VIII-3 Investment incomeExcluded from tax $249,876$249,876
VIII-5 RoyaltiesExcluded from tax $14,644$14,644
VIII-7 Net gain or loss on sales of assetsExcluded from tax $24,785$24,785
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $79,435$79,435
VIII-12 Total revenueRelated to mission $4,377,764 · Unrelated business $2,507,696 · Excluded from tax $660,579$8,259,339
Part IX · Statement of functional expenses $7,572,046 across 21 lines filed
IX-5 Pay of current officers, directors and key staff$770,622
IX-7 Other salaries and wages$2,531,355
IX-8 Pension plan contributions$56,472
IX-9 Other employee benefits$296,980
IX-10 Payroll taxes$256,185
IX-11b Legal fees$9,505
IX-11c Accounting fees$19,367
IX-11d Lobbying fees$432,926
IX-11f Investment management fees$22,529
IX-11g Other fees for services$274,988
IX-12 Advertising and promotion$91,585
IX-13 Office expenses$52,024
IX-14 Information technology$82,526
IX-16 Occupancy$506,731
IX-17 Travel$179,712
IX-19 Conferences, conventions and meetings$1,049,816
IX-20 Interest$14,645
IX-22 Depreciation, depletion and amortization$142,315
IX-23 Insurance$62,238
IX-24 Other expenses (24a–d)$661,862
IX-24e All other expenses$57,663
IX-25 Total functional expenses$7,572,046
Part X · Balance sheet $7,913,490 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $986,936$1,251,277
X-2 Savings and temporary cash investmentsStart of year $60,399$1,304,709
X-4 Accounts receivableStart of year $818,359$394,115
X-8 Inventories for sale or useStart of year $13,379$0
X-9 Prepaid expenses and deferred chargesStart of year $530,306$581,195
X-10c Land, buildings and equipment, netStart of year $2,214,052$478,059
X-11 Publicly traded securitiesStart of year $3,853,119$3,751,135
X-15 Other assetsStart of year $153,000$153,000
X-16 Total assetsStart of year $8,629,550$7,913,490
X-17 Accounts payable and accrued expensesStart of year $642,411$752,146
X-18 Grants payableStart of year $1,100$0
X-19 Deferred revenueStart of year $2,854,542$3,427,823
X-24 Unsecured notes and loans payableStart of year $863,300$0
X-25 Other liabilitiesStart of year $155,497$29,181
X-26 Total liabilitiesStart of year $5,201,618$4,209,150
X-27 Net assets without donor restrictionsStart of year $3,427,932$3,704,340
X-32 Total net assets or fund balancesStart of year $3,427,932$3,704,340
X-33 Total liabilities and net assetsStart of year $8,629,550$7,913,490
Part XI · Reconciliation of net assets $3,704,340 net assets at year end
XI-1 Total revenue$8,259,339
XI-2 Total expenses$7,572,046
XI-3 Revenue less expenses$687,293
XI-4 Net assets at start of year$3,427,932
XI-5 Net unrealized gains (losses) on investments−$410,885
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,704,340

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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