AMERICAN BUS ASSOCIATION FOUNDATION INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- AMERICAN BUS ASSOCIATION FOUNDATION INC (EIN 52-2036929)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-10-23
- IRS object ID
- 201332969349300503
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-10-23T07:14:51-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420714325 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8000 TOWERS CRESCENT DR STE 500 | AddressLine1 |
| City | VIENNA | City |
| State | VA | State |
| ZIP Code | 221826205 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 522036929 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMERICAN BUS ASSOCIATION FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | AMER | NameControl |
| Phone | 2028421645 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 K STREET NE 9TH FLOOR | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 200028110 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PETER J PANTUSO | Name |
| Title | PRESIDENT & CEO | Title |
| Phone | 2028421645 | Phone |
| Date Signed | 2013-10-22 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | YONG ZHANG CPA | Name |
| PTIN | P01249785 | PTIN |
| Phone | 7033366400 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | PETER J PANTUSO | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 K STREET NE 9TH FLOOR | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 200028110 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1381563 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.BUSES.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1997 | YearFormation |
| State Legal Domicile | DC | StateLegalDomicile |
| Activity Or Mission Description | THE ABA FOUNDATION IS ESTABLISHED FOR EDUCATIONAL, SCIENTIFIC, AND CHARITABLE PURPOSES. IT PROVIDES SCHOLARSHIPS TO DESERVING STUDENTS THROUGH THE GEORGE T. SNYDER, JR. SCHOLARSHIP FUND. THE FOUNDATION ENHANCES THE QUALITY AND LEVEL OF PROFESSIONAL KNOWLEDGE AND SKILLS OF INTERCITY BUS OPERATORS, AND CONDUCTS RESEARCH AND DEVELOPS EDUCATIONAL PROGRAMS DESIGNED TO ENHANCE THE SAFETY AND EFFICIENCY OF THE INTERCITY BUS INDUSTRY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 14 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 20 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 736448 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 983253 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 81358 | InvestmentIncomePriorYear |
| Investment Income Current Year | 62274 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 155073 | OtherRevenuePriorYear |
| Other Revenue Current Year | 143263 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 972879 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1188790 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 57500 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 57500 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 129283 | OtherExpensePriorYear |
| Other Expenses Current Year | 130134 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 186783 | TotalExpensesPriorYear |
| Total Expenses Current Year | 187634 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 786096 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1001156 | RevenuesLessExpensesCY |
| Total Assets BOY | 3085810 | TotalAssetsBOY |
| Total Assets EOY | 4252231 | TotalAssetsEOY |
| Total Liabilities BOY | 26404 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 37114 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 3059406 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 4215117 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE ABA FOUNDATION MISSION IS TO ANSWER THE CALL TO SUPPORT THE INDUSTRY WITH RESEARCH AND SCHOLARSHIPS THAT BENEFIT THE ABA, POLICY-MAKERS, AND THE PUBLIC. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 107104 | Expense |
| Grants | 57500 | Grants |
| Description | SCHOLARSHIP AWARDS - ABAF AWARDED TWENTY THREE SCHOLARSHIPS OF $2,500 EACH IN 2012 IN RESEARCH GRANTS. | Description |
| Total Program Service Expense | 107104 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 0 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 14 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | DC | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERIC BRADENDEL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2028421645 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 K STREET NE 9TH FLOOR | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 200028110 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|---|
| MR DOUGLAS ANDERSON | |||||||
| CHAIRMAN | 1.00 | 1.00 | X | X | 0 | 0 | 0 |
| MR BERT ASKWITH | |||||||
| CHAIRMAN EMERITUS | 1.00 | 1.00 | X | X | 0 | 0 | 0 |
| MR PETER PANTUSO | |||||||
| PRESIDENT & SECRETARY | 1.00 | 39.00 | X | X | 0 | 357791 | 35153 |
| MR GAETAN BOLDUC | |||||||
| TREASURER | 1.00 | 1.00 | X | X | 0 | 0 | 0 |
| MR EUGENE BERARDI JR | |||||||
| MEMBER | 1.00 | 1.00 | X | 0 | 0 | 0 | |
| MR BRENDA BORWEGE | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| MR BRYAN COLE | |||||||
| MEMBER | 1.00 | 1.00 | X | 0 | 0 | 0 | |
| MR RONALD ERYE | |||||||
| MEMBER | 1.00 | 1.00 | X | 0 | 0 | 0 | |
| MS SARA HAMLIN | |||||||
| MEMBER | 1.00 | 1.00 | X | 0 | 0 | 0 | |
| MR FRANK HENRY | |||||||
| MEMBER | 1.00 | 1.00 | X | 0 | 0 | 0 | |
| MR TOM JEBRAN | |||||||
| MEMBER | 1.00 | 1.00 | X | 0 | 0 | 0 | |
| MS CARMEN MCCLOUD | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| MS COLLEEN MILLER | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| MR KARL WEBB | |||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| MR PATRICK SCULLY | |||||||
| MEMBER | 1.00 | 1.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 357791 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 35153 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Membership Dues | 36241 | MembershipDues |
| Fundraising Events | 3675 | FundraisingEvents |
| All Other Contributions | 943337 | AllOtherContributions |
| Total Contributions | 983253 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 39512 | TotalRevenueColumn |
| Exclusion | $39,512 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 189459 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 166697 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 22762 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 22762 | TotalRevenueColumn |
| Exclusion | $22,762 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 169339 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 3675 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 26076 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 143263 | TotalRevenueColumn |
| Exclusion | $143,263 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1188790 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $205,537 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57500 | Total |
| Program Services | 57500 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80 | Total |
| Management And General | 80 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8350 | Total |
| Management And General | 8350 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8759 | Total |
| Management And General | 8759 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13049 | Total |
| Management And General | 13049 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14064 | Total |
| Management And General | 14064 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10421 | Total |
| Management And General | 10421 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 122 | Total |
| Management And General | 122 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13360 | Total |
| Management And General | 13360 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9313 | Total |
| Management And General | 9313 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| RESEARCH | 49604 | 49604 | |
| TEMPORARY HELP | 2107 | 2107 | |
| MISCELLANEOUS | 905 | 905 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 187634 | Total |
| Program Services | 107104 | ProgramServices |
| Management And General | 80530 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34553 | BOY |
| EOY | 615235 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 119153 | BOY |
| EOY | 56564 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1029227 | BOY |
| EOY | 1347585 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3290 | BOY |
| EOY | 15554 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1898377 | BOY |
| EOY | 2168938 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1210 | BOY |
| EOY | 48355 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3085810 | BOY |
| EOY | 4252231 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 2950 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25095 | BOY |
| EOY | 27390 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1309 | BOY |
| EOY | 6774 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26404 | BOY |
| EOY | 37114 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 906751 | BOY |
| EOY | 1108703 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2152655 | BOY |
| EOY | 3106414 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3059406 | BOY |
| EOY | 4215117 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3085810 | BOY |
| EOY | 4252231 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 1001156 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 154555 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 158289 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 155716 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 639977 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 736448 | CurrentTaxYearMinus1Year |
| Current Tax Year | 983253 | CurrentTaxYear |
| Total | 2673683 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 158289 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 155716 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 639977 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 736448 | CurrentTaxYearMinus1Year |
| Current Tax Year | 983253 | CurrentTaxYear |
| Total | 2673683 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 823608 | AmountsSubstContributorsTotal |
| Public Support Total170 | 1850075 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 31453 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 28266 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 28947 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 34380 | CurrentTaxYearMinus1Year |
| Current Tax Year | 39512 | CurrentTaxYear |
| Total | 162558 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 24691 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 237 | CurrentTaxYearMinus3Years |
| Total | 24928 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 2861169 | TotalSupport |
| Gross Receipts From Admissions Etc | 797407 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.64660 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.64240 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | AMOUNTS DUE TO AMERICAN BUS ASSOCIATION | Description |
| Amount | $6,774 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 6774 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 1360662 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 154555 | NetUnrealizedGainsInvestments |
| Other Revenues | 26076 | OtherRevenues |
| Revenue Not Rptd F990 | 180631 | RevenueNotRptdF990 |
| Revenue Subtotal | 1180031 | RevenueSubtotal |
| Investment Expenses Not Included | 8759 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 8759 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1188790 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 204951 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 26076 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 26076 | ExpensesNotRptdF990 |
| Expenses Subtotal | 178875 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 8759 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 8759 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 187634 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | THE FOUNDATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. INCOME, WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. THE FOUNDATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR DECEMBER 31, 2012. THE FOUNDATION FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED BY EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISION OF THIS GUIDANCE. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE DECEMBER 31, 2009. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES REPORTED ON LINE 8B 26,076. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES REPORTED ON LINE 8B 26,076. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SILENT AUCTION | NameOfEvent1 |
| Gross Receipts Event1 | 53867 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 53867 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 10240 | OtherDirectExpensesEvent1 |
| Name Of Event2 | LIVE AUCTION | NameOfEvent2 |
| Gross Receipts Event2 | 50400 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 50400 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 2150 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 2 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 68747 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 3675 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 65072 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 13686 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 173014 | GrossReceiptsTotal |
| Charitable Contributions Total | 3675 | CharitableContributionsTotal |
| Gross Revenue Total Events | 169339 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 26076 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 26076 | DirectExpenseSummaryEvents |
| Net Income Summary | 143263 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: SCHOLARSHIP AWARD PAYMENTS ARE MADE PAYABLE DIRECTLY TO THE UNIVERSITY THAT THE STUDENT WILL ATTEND. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MR PETER PANTUSO | NamePerson |
| Title | PRESIDENT & SECRETARY | Title |
| Base Compensation Filing Org | 0 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 315312 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 42479 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 30000 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 0 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 5153 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 0 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 392944 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | ABA FOUNDATION DOES NOT PROVIDE A COPY OF THE FULL FORM 990 TO ITS BOARD FOR REVIEW PRIOR TO FILLING. ABA FOUNDATION HAS QUARTERLY BOARD MEETINGS AND PROVIDES ACCESS TO ALL OF THE INFORMATION THAT IS INCORPORATED INTO THE FINAL FORM 990 INCLUDING SUCH INFORMATION AS EMPLOYEE COMPENSATION, INSURANCE POLICIES, AND AUDITED FINANCIAL STATEMENTS AT EACH MEETING. THE BOARD HAS FULL ACCESS TO THE FINAL FORM 990 FOLLOWING ITS FILING AS DOES EVERY MEMBER OF THE PUBLIC. | |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD MEMBERS ARE REMINDED OF THE CONFLICT OF INTEREST IN PLACE AT THE ORGANIZATION AND ARE REQUIRED TO DISCLOSE OF ANY POTENTIAL CONFLICTS DURING BOARD MEETINGS HELD THREE TIMES PER YEAR. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. | |
| FORM 990, PART XII, LINE 2C | THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. | |
| FORM 990, PART VII AND SCHEDULE J | AMERICAN BUS ASSOCIATION FOUNDATION DOES NOT COMPENSATE ANYONE SHOWN IN PART VII OF THE FORM 990 OR SCHEDULE J, PART II. THE COMPENSATION SHOWN IN THESE SECTIONS IS PAID BY THE AMERICAN BUS ASSOCIATION, THE FOUNDATION'S RELATED ORGANIZATION. THE FOUNDATION RELIES ON THE COMPENSATION DETERMINATION METHODOLOGY OF THE AMERICAN BUS ASSOCIATION. THE FOLLOWING IS THE COMPENSATION METHODOLOGY USED BY AMERICAN BUS ASSOCIATION: ON AVERAGE A COMPENSATION CONSULTANT IS HIRED EVERY TWO YEARS TO PERFORM A COMPENSATION SCHEDULE TO DETERMINE IF WHAT THE ASSOCIATION IS PAYING IS COMPETITIVE. THE EXECUTIVE COMMITTEE REVIEWS THE OUTCOME TO DETERMINE IF ADJUSTMENTS ARE REQUIRED. | COMPENSATION METHODOLOGY |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|---|
| AMERICAN BUS ASSOCIATION | ||||||||||
| 111 K STREET NE 9TH FLOOR | WASHINGTON | DC | 20002 | 530114680 | TO REPRESENT THE U.S. BUS INDUSTRY | DC | 501(C)(6) | N/A | 0 | |
| NATIONAL BUS TRAFFIC ASSOCIATION | ||||||||||
| 111 K STREET NE 9TH FLOOR | WASHINGTON | DC | 20002 | 361521425 | PROVIDE INTERLINE REVENUE CLEARINGHOUSE FOR MEMBER COMPANIES WHO (CONTINUED) | DC | 501(C)(6) | 0 | AMERICAN BUS ASSOCIATION | |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUSES LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 K STREET NE 9TH FLOOR | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 20002 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 651316741 | EIN |
| Primary Activity | PUBLICATIONS | PrimaryActivity |
| Legal Domicile State | DC | LegalDomicileState |
| Type Of Entity | C | TypeOfEntity |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | SCHEDULE R, PART II, ENTITY #2, COLUMN B | ReturnReference |
| Explanation | (CONTINUED) PERFORM SCHEDULED SERVICE IN NORTH AMERICA IN ORDER TO FACILITATE THE TRANSPORATION OF THE PUBLIC. | Explanation |
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