Laura Allen's Blog Posts Tagged '990' (7)

Note: For the past few years I have done a series of reports on the financial status of the non-profit organizations that represent the massage therapy profession. I obtain this information from Guidestar, a financial information clearinghouse for non-profits. The organizations can provide their Form 990 (Return of Organization Exempt from Income Tax) to Guidestar, and if they don’t, the IRS does it for them. I will state for…

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Note: For the past few years I have done a series of reports on the financial status of the non-profit organizations that represent the massage therapy profession. I obtain this information from Guidestar, a financial information clearinghouse for non-profits. The organizations can provide their Form 990 (Return of Organization Exempt from Income Tax) to Guidestar, and if they don’t, the IRS does it for them. I will state for…

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Author’s note: This is the third year that I have reported on the financial state of the non-profit organizations of the massage therapy profession. The information I use to write these is obtained from www.guidestar.org, which is a clearinghouse of information on non-profits. If a non-profit does not provide their own Form 990 filing to Guidestar, it will be provided by the IRS, providing the organization meets the obligation of public disclosure.…

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Transparency, when defined in the context of non-profit organizations and public boards, implies that said organizations are accountable to those they represent, that meetings and communications are open, that full financial disclosures are made public, and that all business practices are an open book. It’s an ethical obligation.

I’ve recently posted on my blog my second annual series of reports on the financial health of the non-profit organizations…

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Were it not for the fact that I have already posted a blog titled Financial Shock and Awe at the NCBTMB, I could certainly have used that for this one. The subject matter is the same: the Form 990 filing of the NCB, except this one is for the latest return, from the fiscal year 2008. The previous posting was about the 2007 form.



Here are the cold hard facts: Revenues were down by over a million dollars, while expenses were up almost that much. The NCB is showing almost $2 million in… Continue

This is the second in my series on the financial health of the non-profit massage therapy associations.



What a difference a year has made to the Federation of State Massage Therapy Boards. In the 2007 fiscal year, the FSMTB’s Form 990 showed gross receipts of just over $43,000. The 2008 shows those revenues as exceeding $355,000. Looks like it was a good year, and the expectation is that income will continue to grow as more boards join (there are currently 33) and more students take… Continue

This is a follow-up to my blog of June 19 about AMTA’s fiscal responsibility. In the next couple of months I will be reporting on the financial condition of all our non-profit professional organizations.



Someone from AMTA asked me why I didn’t pick on ABMP, and the short answer is, they are a not a non-profit organization. When an organization holds itself out as non-profit, the membership (and the public) has a right to know. Incidentally, I am a member of both… Continue