2024-06-14T12:13:37-05:00 2023-12-31 061667465 Prager Metis CPAs PLLC 32 Orange Street Asheville NC 28801 990 2023-01-01 841436728 Association for Traditional Studies ASSO 8284247415 119 Coxe Avenue Asheville NC 28801 Andrew Nugent-Head Executive Director 8283980667 2024-06-14 1 Andrew Nugent-Head 999009999 1 Steven Foster P01241491 8282813161 2024-06-07 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z Andrew Nugent-Head 119 Coxe Avenue Asheville NC 28801 779027 0 X traditionalstudies.org X 1998 NC The Association of Traditional Studies is an education focused public charity, providing training programs for professionals in the fields of Chinese medicine, martial arts and self development as well as providing low cost opportunities for the public. 5 4 7 0 0 0 113387 117065 511979 653512 0 0 53949 8450 679315 779027 0 0 0 0 359596 211380 0 0 38375 336797 556084 696393 767464 -17078 11563 185992 196389 3846 2680 182146 193709 The Association of Traditional Studies is an education focused public charity, providing training programs for professionals in the fields of Chinese medicine, martial arts and self development as well as providing low cost opportunities for the public. 0 0 613968 653512 Provided pro-bono medical care in 2023 and kept fees for treatment below industry standards. Trained international and local practitioners in tangible application of Chinese medicine through clinical internship at the alternative clinic. Treated over 1,000 individual patients in the Asheville Area. 613968 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 7 1 0 0 0 0 0 0 0 0 0 0 X 5 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X Andrew Nugent-Head 8283980667 136 Dix Creek Chapel Road Asheville NC 28806 Peter Alexander Board Member 1.00 X 0 0 0 Steven Badger President 1.00 X X 0 0 0 Josh Kirschenbaum Secretary 1.00 X X 0 0 0 Andrew Nugent-Head Executive Director 20.00 X X 73652 0 0 Marie Nugent-Head Treasurer 1.00 X X 0 0 0 73652 0 0 0 0 0 0 0 117065 117065 Clinic treatment incom 292699 292699 Online programs income 127314 127314 Travel training income 119120 119120 Clinical pharmacy inco 105971 105971 Clinic training revenu 22886 22886 -14478 -14478 653512 Sublet income 8450 8450 8450 779027 653512 0 8450 X 73652 58922 11048 3682 124110 99287 18617 6206 13618 10894 2043 681 8625 6900 1294 431 126176 100941 18926 6309 14169 11336 2125 708 8531 6824 1280 427 110350 88279 16553 5518 138419 110735 20763 6921 41572 33257 6236 2079 202 162 30 10 8442 6754 1266 422 Cost of goods sold 47895 38316 7184 2395 Clinic supplies 28576 22861 4286 1429 Bank and merchant fees 14058 11246 2109 703 Dues and subscriptions 3603 2883 540 180 5466 4371 821 274 767464 613968 115121 38375 64401 78484 15774 20531 136650 39276 105817 97374 185992 196389 78 435 3768 2245 3846 2680 X 182146 193709 182146 193709 185992 196389 11563 0 X 0 0 0 X 62475 44796 201760 113387 117065 539483 519645 402350 486854 565928 653512 2628289 582120 447146 688614 679315 770577 3167772 42500 31821 30000 30000 134321 0 42500 31821 30000 30000 134321 3033451 582120 447146 688614 679315 770577 3167772 0.95760 0.95050 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4760 4760 0 131890 34516 97374 97374 Sales tax liability 597 Payroll tax liability 1648 2245 Form 990, Part VI, Section A, line 2 Andrew Nugent-Head and Maria Nugent-Head are son and mother Andrew Nugent-Head and JulieAnn Nugent-Head are husband and wife Form 990, Part VI, Section B, line 11b Form 990 is circulated to board members via email for review and approval before filing. Form 990, Part VI, Section B, line 12c All directors, officers, and key personnel are required to disclose any actual or potential conflicts of interest that may arise in connection with their duties and responsibilities to the organization. This includes, but is not limited to, any financial interests, relationships, or affiliations that could reasonably be expected to influence the individual's judgment or actions on behalf of Association for Traditional Studies (ATS). Upon disclosure, the Board of Directors or a designated committee thereof will review the nature and extent of the disclosed conflict of interest and determine the appropriate course of action to address it. Such actions may include recusal from decision-making processes, abstention from voting on relevant matters, or other measures deemed necessary to mitigate the conflict and ensure that the best interests of ATS are upheld. Form 990, Part VI, Section B, line 15 15a - Review and approval by the board. 15b - Review and approval by the board. Form 990, Part VI, Section C, line 19 Governing documents are available on request. Form 990, Part IX, line 11g Payroll service: Program service expenses 1,531. Management and general expenses 287. Fundraising expenses 96. Total expenses 1,914. Contract labor: Program service expenses 99,410. Management and general expenses 18,639. Fundraising expenses 6,213. Total expenses 124,262.