Nasdaq: EPAX | |
Industry | Educational travel |
Founded | Spokane, Washington (1967) |
Headquarters | Spokane, Washington |
Revenue | US$98.6 million (FY 2009) [1] |
US$32.2 million (FY 2009)[1] | |
US$20.3 million (FY 2009)[1] | |
Total assets | US$128 million (FY 2009)[2] |
Total equity | US$91.0 million (FY 2009)[2] |
Subsidiaries | BookRags |
Website | archive |
Type of site | Internet Study guide and Lesson plan |
---|---|
Available in | English |
Owner | Ambassadors Group |
Founder(s) | James Yagmin and David Lieberman |
URL | www |
Commercial | Yes |
Registration | Yes |
Current status | Active |
Ambassadors Group, Inc. was a publicly traded educational travel company based in Spokane, Washington.[3] It was originally an operating division of Ambassadors International, Inc., but was divested into a separate corporation in 2002 to form the company under its current name.[4] The CEO was Jeffrey Thomas, whose 2009 compensation totaled over $1.7 million.[5]
This for-profit company has a close business relationship with People to People Student Ambassador Program and several other related cultural exchange groups involving students from several countries.[citation needed]
According to the company's end of year filings, in 2008 and 2009, Ambassadors Group served 41,929 and 34,248 travelers, respectively.[6] In 2010, the company estimated that it would serve 26,674 participants (a net decrease of 22%.[7])