2024-11-07T15:48:51-06:00 2024-06-30 910189318 MOSS ADAMS LLP 4747 EXECUTIVE DR SUITE 1300 SAN DIEGO CA 92121 990 2023-07-01 330123550 AMERICAN COUNCIL ON EXERCISE AMER 8582798227 9444 BALBOA AVE 290 SAN DIEGO CA 92123 ALEX MIRNEZAM C.F.O. 8582798227 2024-11-06 1 0 PATRICIA J MAYER P00188643 8586271400 2023 2024-10-15 13:58:12Z X ALEX MIRNEZAM 9444 BALBOA AVE 290 SAN DIEGO CA 92123 31260378 0 X WWW.ACEFITNESS.COM X 1986 CA THE NONPROFIT ORGANIZATION AMERICAN COUNCIL ON EXERCISE IS COMMITTED TO GETTING PEOPLE MOVING. X 14 13 101 18 44740 15177 31407 58317 13844770 13115700 473518 1497768 5205892 4935144 19555587 19606929 0 0 0 0 14100594 14988796 0 0 0 10568035 9843282 24668629 24832078 -5113042 -5225149 25573027 16676911 13297594 10275747 12275433 6401164 X OUR MISSION IS TO GET PEOPLE MOVING. 0 0 8144046 0 8638320 CERTIFICATION AND PREPARATORY EDUCATION:THE EDUCATION OF WELL-QUALIFIED EXERCISE PROFESSIONALS AND HEALTH COACHES IS THE FOUNDATION OF THE ACE APPROACH TO GET PEOPLE MOVING. ACE DEVELOPS, REVIEWS, AND MAINTAINS STUDY MATERIALS AND TRAINING MANUALS AND RELATED EXAMS. IN THE PAST YEAR, THE NUMBER OF ACE CERTIFIED PROFESSIONALS INCLUDED APPROXIMATELY 55,600 ACE CERTIFIED PERSONAL TRAINERS; 20,800 ACE CERTIFIED GROUP FITNESS INSTRUCTORS; 6,600 ACE CERTIFIED HEALTH COACHES; AND 865 ACE CERTIFIED MEDICAL EXERCISE SPECIALISTS. COLLECTIVELY, ACE CERTIFIED PROFESSIONALS HELD APPROXIMATELY 11 MILLION CLIENT AND GROUP SESSIONS IN THE PAST YEAR 8584675 0 9129789 CONTINUING EDUCATION AND RENEWALS: ACE DEVELOPED AND UPDATED APPROXIMATELY 40 EDUCATION PROGRAMS AND COURSES, INCLUDING THE ACE HEALTH AND WELLNESS SUMMIT: A HOLISTIC APPROACH TO MENTAL HEALTH AND MINDFUL MOVEMENT: COACHING CLIENTS TO BECOME MORE ACTIVE. EXERCISE PROFESSIONALS AND HEALTH COACHES ARE ABLE TO RENEW THEIR CERTIFICATIONS WITH ACE THROUGH CONTENT BY ACE AND ITS APPROVED PARTNERS. 4216713 0 147441 OUTREACH:ACE CONTINUES TO PROVIDE THE PUBLIC WITH SCIENCE-BASED INFORMATION TO EDUCATE AND ENCOURAGE PEOPLE FROM ALL WALKS OF LIFE TO ACHIEVE SUSTAINABLE HEALTH CHANGES. IN THE PAST YEAR, ACE INVESTED $50,000 INTO ORIGINAL RESEARCH, INCLUDING THE EVALUATION OF EXERCISE PHYSIOLOGY KNOWLEDGE OF YOUTH COACHES AND THE PHYSIOLOGICAL RESPONSES AND MUSCLE ACTIVATION DURING HIGH-INTENSITY FUNCTIONAL TRAINING. IN ADDITION, ACE PARTNERED WITH ORGANIZATIONS, ADVOCACTED FOR HEALTH AND EXERCISE PROFESSIONALS AND INCREASED PHYSICAL ACTIVITY OPPORTUNITIES FOR THE PUBLIC, AND DEVELOPED MULTIPLE COURSES, EVENTS, AND RESOURCES TO SUPPORT INCREASED EQUITY, DIVERSITY AND INCLUSION IN THE FITNESS INDUSTRY.PHYSICAL ACTIVITY PROMOTION:ACE REMAINS COMMITTED TO PROVIDING THE PUBLIC, FITNESS ENTHUSIASTS, AND CERTIFIED PROFESSIONALS WITH FREE, SCIENCE-BASED CONTENT TO SUPPORT MORE ACTIVE LIFESTYLES. IN THE PAST YEAR, ACE GENERATED MORE THAN 1,879 UNIQUE NEWS STORIES THAT REACHED MORE THAN 8 MILLION VIEWERS AROUND THE WOLRD. ACE ALSO PARTNERED WITH LIKE-MINDED ORGANIZATIONS TO PROMOTE INCREASED PHYSICAL ACTIVITY. SOME OF THESE PARTNERS INCLUDE THE CDC'S ACTIVE PEOPLE HEALTHY NATION INITIATIVE, PHYSICAL ACTIVITY ALLIANCE (PAA), AND SPECIAL OLYMPICS INTERNATIONAL. THROUGH THESE PARTNERSHIPS AND COLLABORATIONS, ACE PROVIDED ADDITIONAL EDUCATIONAL RESOURCES FOR HEALTH AND FITNESS PROFESSIONALS AND ORGANIZATIONS NATIONWIDE WITH TIPS AND IDEAS TO HELP INCREASE PHYSICAL ACTIVITY. EQUITY, DIVERSITY AND INCLUSION:ACE DEVELOPED EDUCATIONAL RESOURCES AND SECURED MEDIA PLACEMENTS TO ELEVATE THE EDI DISCUSSION IN THE FITNESS INDUSTRY. ACE ALSO PARTNERED WITH LIKE-MINDED ORGANIZATIONS, INCLUDING THE MILLION HEARTS INITIATIVE OF THE CDC FOUNDATION, TO HELP CREATE A MORE EQUITABLE, DIVERSE, AND INCLUSIVE HEALTH AND FITNESS INDUSTRY. IN AUGUST 2023, ACE ANNOUNCED ITS COMMITMENT TO THE CALIFORNIA EQUAL PAY PLEDGE. ACE WAS ALSO FEATURED IN MEDIA ARTICLES ABOUT EDI AND THE FITNESS INDUSTRY IN PUBLICATIONS FOR NATIONAL OUTLETS (E.G., ATHLETECH, CLUB SOLUTIONS, SENIOR OUTLOOK TODAY, WOMEN'S HEALTH). 20945434 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 29 0 1 101 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA CO FL KS ME MN X ALEX MIRNEZAM 8582798227 9444 BALBOA AVE STE 290 SAN DIEGO CA 92123 ANTONIO WILLIAMS BOARD MEMBER 3.00 X 0 0 0 JAY BLAHNIK BOARD MEMBER 3.00 X 0 0 0 DAVID NIXON BOARD CHAIR 5.00 X X 0 0 0 TUAYO LOUIS BOARD MEMBER 3.00 X 0 0 0 FRED HOFFMAN BOARD MEMBER 3.00 X 0 0 0 GREGORY DEGNAN BOARD MEMBER 3.00 X 0 0 0 JENNY LEE BOARD MEMBER 3.00 X 0 0 0 JIM FORSON BOARD TREASURER 5.00 X X 0 0 0 JOHN LALLY BOARD VICE CHAIR 5.00 X X 0 0 0 KIMBERLY WELLS BOARD MEMBER 1.00 X 0 0 0 LAURIE WHITSEL BOARD SECRETARY 5.00 X X 0 0 0 SCOTT GOUDESEUNE BOARD MEMBER, CEO (THRU 06/24) 60.00 X X 549112 0 84819 BECKY ROSEBERRY BOARD MEMBER 3.00 X 0 0 0 SCOTT ALARCON BOARD TREASURER 3.00 X X 0 0 0 ALEX MIRNEZAM CHIEF FINANCIAL OFFICER 60.00 X 401759 0 86647 AMANDA CASS CHIEF OPERATING OFFICER 60.00 X 359967 0 63820 CEDRIC BRYANT PRESIDENT & CHIEF SCIENCE OFFICER 60.00 X 434205 0 76405 DAVID FISCHER SVP, ONLINE BUSINESS TECHNOLOGY 40.00 X 236361 0 38960 GRAHAM MELSTRAND EVPCOMMUNITY HEALTH & WELLNESS SERVICES 40.00 X 300425 0 43910 SARAH BEAVINS VP, SALES & MARKETING 40.00 X 261588 0 39000 DOMINIQUE HODGIN VP, EDUCATION 40.00 X 216976 0 38806 ROBERT HODGIN EVP BUSINESS DEVELOPMENT & STRATEGIC PARTNER 40.00 X 241021 0 32308 3001414 0 504675 45 0 1 0 PROCTORU INC MS121 MEAZURE LEARNING PO BOX 98974 SACRAMENTO CA 95798 TESTING SERVICES 2255399 TCWGLOBAL PO BOX 102998 PASADENA CA 91189 TEMP SERVICES 938864 TORCHLIGHT MARKETING LLC 2308 MT VERNON AVE 754 ALEXANDRIA VA 22301 MARKETING SERVICES 479444 SAGEHOUSE ADIVOSRS 20 STANDISH ROAD CARNEGIE PA 15106 CONSULTING SERVICES 470948 B2 SEARCH GROUP LLC 1801 W OLYMPIC BLVD PASADENA CA 91199 TEMP SERVICES 391319 27 58317 58317 CONTINUING EDUCATION 900099 5601191 5601191 CERTIFICATION FEES 900099 3890238 3890238 RENEWAL FEES 900099 3528598 3528598 OTHER INCOME 900099 95673 95673 13115700 320094 320094 90554 90554 3698278 7650000 3319824 6850780 378454 799220 1177674 1177674 6282695 1482845 4799850 4799850 PROFESSIONAL TOOLS & SUPPORT 541519 43636 43636 ADVERTISING 541800 1104 1104 44740 19606929 17915550 44740 1588322 2028725 934556 1094169 10883769 9308762 1575007 266880 242746 24134 984609 896096 88513 824813 675841 148972 99938 99938 133906 133906 51452 51452 1783114 1729919 53195 2515413 2493366 22047 101435 92511 8924 415563 252065 163498 71436 47513 23923 249475 180481 68994 381987 315603 66384 218033 178503 39530 ONLINE SERVICES 1255764 1200393 55371 TESTING SERVICES 1052438 1052438 MERCHANT FEES 559390 559390 PROFESSIONAL DEVELOPMEN 217560 186764 30796 736378 598487 137891 24832078 20945434 3886644 0 600 600 1942509 2124861 24336 0 1308525 1713813 365872 371241 1804132 1729910 2085977 1777851 6807459 308126 9026470 7081024 2003964 347415 2289160 2999921 25573027 16676911 2349019 3305303 2857366 3067536 4532665 200000 3558544 3702908 13297594 10275747 X 12206446 6401164 68987 0 12275433 6401164 25573027 16676911 X -5225149 750589 -1399709 X 0 1 X 1 0 X 1465586 653813 50 31407 58317 2209173 25710449 27557113 21728755 20635148 19398395 115029860 27176035 28210926 21728805 20666555 19456712 117239033 0 0 0 117239033 310820 282022 284744 428600 410648 1716834 310820 282022 284744 428600 410648 1716834 27486855 28492948 22013549 21095155 19867360 118955867 0.98560 0.98780 0.01440 0.01220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 71460 33217 38243 495923 488260 7663 1518594 1256374 262220 308126 RIGHT OF USE ASSETS - OPERATING LEASES 1132161 DEFERRED COMPENSATION PLAN ASSETS - 457B 1867760 2999921 DEFERRED COMPENSATION PAYABLE 1858900 OPERATING LEASE LIABILITIES 1210758 CONSIDERATION PAYABLE 633250 3702908 X 20590654 750589 150000 83136 983725 19606929 0 19606929 26464923 150000 1482845 1632845 24832078 0 24832078 PART X, LINE 2: ACE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE, EXCEPT TO THE EXTENT OF UNRELATED BUSINESS TAXABLE INCOME AS DEFINED UNDER IRC SECTIONS 511 THROUGH 515. ACE HAD NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES AS OF JUNE 30, 2024 AND 2023. ACE FILES AN EXEMPT ORGANIZATION RETURN IN THE UNITED STATES FEDERAL JURISDICTION AND WITH THE FRANCHISE TAX BOARD IN THE STATE OF CALIFORNIA. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,482,845. LOSS ON IMPAIRMENT OF GOODWILL -1,399,709. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,482,845. MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES EDUCATIONAL MATERIALS 20779 0 0 0 0 0 0 20779 0 20779 0 0 0 0 0 1 X X X X X 0 0 0 0 0 0 0 0 0 SCOTT GOUDESEUNE BOARD MEMBER, CEO (THRU 06/24) 549112 0 0 0 0 0 21836 0 62983 0 633931 0 0 0 CEDRIC BRYANT PRESIDENT & CHIEF SCIENCE OFFICER 434205 0 0 0 0 0 17368 0 59037 0 510610 0 0 0 ALEX MIRNEZAM CHIEF FINANCIAL OFFICER 401759 0 0 0 0 0 10735 0 75912 0 488406 0 0 0 AMANDA CASS CHIEF OPERATING OFFICER 359967 0 0 0 0 0 12994 0 50826 0 423787 0 0 0 GRAHAM MELSTRAND EVPCOMMUNITY HEALTH & WELLNESS SERVICES 300425 0 0 0 0 0 11899 0 32011 0 344335 0 0 0 SARAH BEAVINS VP, SALES & MARKETING 261588 0 0 0 0 0 10504 0 28496 0 300588 0 0 0 DAVID FISCHER SVP, ONLINE BUSINESS TECHNOLOGY 236361 0 0 0 0 0 9454 0 29506 0 275321 0 0 0 ROBERT HODGIN EVP BUSINESS DEVELOPMENT & STRATEGIC PARTNER 241021 0 0 0 0 0 8157 0 24151 0 273329 0 0 0 DOMINIQUE HODGIN VP, EDUCATION 216976 0 0 0 0 0 8018 0 30788 0 255782 0 0 0 SCOTT GOUDESEUNE SON OF CEO 160484 WAGES 0 SCOTT GOUDESEUNE DAUGHTER-IN-LAW OF CEO 81240 WAGES 0 AMANDA CASS HUSBAND OF COO 147463 WAGES 0 SALE OF PROPERTY AT 4933 PARAMOUNT DRIVE 2023-08-14 7650000 MARKET PRICE FOR PROPERTY PARAMOUNT HD LLC 4933 PARAMOUNT DRIVE SAN DIEGO CA 92123 LLC 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED INTERNALLY BY THE EXECUTIVE TEAM AND EXTERNALLY BY THE AUDIT COMMITTEE. THE FORM 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND ACE STAFF ARE REQUIRED TO ANNUALLY COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM. THE BOARD REVIEWS ALL BOARD MEMBER DISCLOSURES AS WELL AS THE CEO AND CFO. CEO AND CFO REVIEW ACE EMPLOYEE DISCLOSURES. AT EACH BOARD MEETING, MEMBERS ARE REMINDED OF CONFLICT OF INTEREST POLICIES AND ASKED IF THEY ARE AWARE OF ANY CONFLICTS. IF A CONFLICT ARISES, THAT BOARD MEMBER CANNOT VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 WITH RESPECT TO THE PRESIDENT AND OFFICERS (PRESIDENT & CSO, CEO, CFO), A COMPENSATION ANALYSIS IS PERFORMED BY AN INDEPENDENT PARTY ANNUALLY WHICH TAKES MARKET DATA FROM SEVERAL PUBLISHED SURVEYS AND MARKET PRICES THE POSITIONS BASED ON JOB RESPONSIBILITIES AND CORPORATE INFORMATION. TOTAL COMPENSATION IS INCLUDED IN THE REVIEW. THE COMPENSATION COMMITTEE REVIEWS THE REPORT AND MAKES RECOMMENDATIONS TO THE BOARD OF DIRECTORS. COMPENSATION IS APPROVED BY INDEPENDENT BOARD MEMBERS AND IS CONTEMPORANEOUSLY DOCUMENTED. THIS PROCESS WAS LAST DONE JUNE 2024 DURING THE ANNUAL BOARD MEETING. A COMPENSATION ANALYSIS IS PERFORMED BY AN INDEPENDENT PARTY ANNUALLY WHICH TAKES MARKET DATA FROM SEVERAL PUBLISHED SURVEYS AND MARKET PRICES ALL OF OUR STAFF INCLUDING KEY EMPLOYEE POSITIONS BASED ON JOB RESPONSIBILITIES AND CORPORATE INFORMATION EVERY 1-2 YEARS. THE CFO AND PRESIDENT REVIEW THE REPORT AND MAKE RECOMMENDATIONS TO THE BOARD OF DIRECTORS. COMPENSATION FOR KEY EMPLOYEES AND STAFF ARE APPROVED DURING THE BUDGETED PROCESS BY INDEPENDENT BOARD MEMBERS AND IS CONTEMPORANEOUSLY DOCUMENTED. THIS PROCESS WAS LAST DONE IN JUNE 2024 DURING THE ANNUAL BOARD MEETING. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: LOSS ON IMPAIRMENT OF GOODWILL -1,399,709. STATEMENT WITH REGARD TO FUNDRAISING EXPENSE: THIS ORGANIZATION RECEIVES THE MAJORITY OF ITS INCOME FROM PROGRAM SERVICES, THUS, THE ORGANIZATION DOES NOT INCUR FUNDRAISING EXPENSES.