Ambassadors Group

Ambassadors Group, Inc.
Nasdaq: EPAX
IndustryEducational travel
FoundedSpokane, Washington (1967)
HeadquartersSpokane, Washington
RevenueIncreaseUS$98.6 million (FY 2009) [1]
IncreaseUS$32.2 million (FY 2009)[1]
IncreaseUS$20.3 million (FY 2009)[1]
Total assetsIncreaseUS$128 million (FY 2009)[2]
Total equityIncreaseUS$91.0 million (FY 2009)[2]
SubsidiariesBookRags
Websitearchive.today/20130116192319/http://www.ambassadorsgroup.com
BookRags
Type of site
Internet Study guide and Lesson plan
Available inEnglish
OwnerAmbassadors Group
Founder(s)James Yagmin and David Lieberman
URLwww.bookrags.com
CommercialYes
RegistrationYes
Current statusActive

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])

  1. ^ a b c Ambassadors Group (EPAX) annual SEC income statement filing via Wikinvest.
  2. ^ a b Ambassadors Group (EPAX) annual SEC balance sheet filing via Wikinvest.
  3. ^ "Ambassadors Group reports jump in Q2 results". Puget Sound Business Journal. American City Business Journals. 2004-07-19. Archived from the original on 2011-05-26. Retrieved 19 February 2009.
  4. ^ "Ambassadors to spin off its student travel group". The Spokesman-Review. Cowles Publishing Company. 2002-01-30. Archived from the original on 17 October 2012. Retrieved 19 February 2009.
  5. ^ "Jeffrey D. Thomas". Forbes. 2010. Archived from the original on 19 February 2011. Retrieved 18 January 2011.
  6. ^ "Ambassadors Group Reports Results for the Fourth Quarter and Full Year 2008" (press release). Ambassadors Group. Yahoo! Finance. 2009-02-05. Archived from the original on 2024-05-24. Retrieved 2009-03-05.
  7. ^ "Ambassadors Group Reports Results for the third Quarter 2010" (press release). Ambassadors Group. 2010-10-20. Archived (PDF) from the original on 2011-07-07. Retrieved 2010-10-21.