AMERICAN ACADEMY OF OSTEOPATHY

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1950

Legal Domicile

Principal Officer

SHERRI L QUARLES

Phone

3178791881

Tax Period

2024-08-01 to 2025-07-31

AMERICAN ACADEMY OF OSTEOPATHY, founded in 1950, is a community nonprofit in the Diseases & Disorders sector that reported $1.8M in total revenue in fiscal year 2024.

Mission

TO TEACH, ADVOCATE, AND RESEARCH THE SCIENCE, ART AND PHILOSOPHY OF OSTEOPATHIC MEDICINE, EMPHASIZING THE INTEGRATION OF OSTEOPATHIC PRINCIPLES, PRACTICES AND MANIPULATIVE TREATMENT IN PATIENT CARE.

Program Service Accomplishments

Program 1

Expenses: $1,373,435 Revenue: $1,580,496

EDUCATION - THE ACADEMY PROVIDES FOR THE CONTINUING PROFESSIONAL DEVELOPMENT AND PRACTICE DEMANDS OF THE OSTEOPATHIC INDUSTRY THROUGH VARIOUS COURSES AND SEMINARS INCLUDING A CONVOCATION AND...

EDUCATION - THE ACADEMY PROVIDES FOR THE CONTINUING PROFESSIONAL DEVELOPMENT AND PRACTICE DEMANDS OF THE OSTEOPATHIC INDUSTRY THROUGH VARIOUS COURSES AND SEMINARS INCLUDING A CONVOCATION AND CONVENTION. ALL INCOME FROM EDUCATION PROGRAMS IS RECOGNIZED WHEN THE PROGRAM IS HELD.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $75,674

Program Service Revenue $1,554,659

Investment Income $98,344

Other Revenue $36,186

TOTAL REVENUE $1,764,863

Expense Breakdown

Grants Paid $0

Salaries & Benefits $516,326

Fundraising Expenses $13,907

Program Expenses $1,373,435

Other Expenses $1,243,753

TOTAL EXPENSES $1,760,079

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,764,863	$1,656,134	+0.1%
Expenses	$1,760,079	$1,727,063	+0.0%
Net Income	$4,784	$-70,929	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$139,144

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEFAN HAGOPIAN DO FAAO	PRESIDENT	1.00	Officer Director	$0	$0	$0
SHELDON C YOA DO	PRESIDENT-ELECT	1.00	Officer Director	$0	$0	$0
DENNIS J DOWLING DO MS FAAODIST	SECRETARY-TREASURER	1.00	Officer Director	$0	$0	$0
WILLIAM STAGER DO MS MPH FAAFP F	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
JORDON LITTLE DO MS	RESIDENT TRUSTEE	1.00	Director	$0	$0	$0
ASHLEY HEBENSTREIT NICHOLS OMS III	STUDENT TRUSTEE	1.00	Director	$0	$0	$0
LISA R CHUN DO MS FNAOME	TRUSTEE	1.00	Director	$0	$0	$0
LISA DESTEFANO DO	TRUSTEE	1.00	Director	$0	$0	$0
DEBORAH SCHMIDT DO	TRUSTEE	1.00	Director	$0	$0	$0
AMY JOY SELWACH DO MBA	TRUSTEE	1.00	Director	$0	$0	$0
KAREN T SNIDER DO MS FAAO FNAOME	TRUSTEE	1.00	Director	$0	$0	$0
SHERRI L QUARLES	CEO	40.00	Officer	$109,149	$29,995	$139,144

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,764,863	$1,760,079	$4,693,196	$4,784
2024	$1,656,134	$1,727,063	$4,583,319	$-70,929
2023	$1,488,643	$1,515,789	$4,527,358	$-27,146
2022	$1,380,065	$1,386,655	$3,237,833	$-6,590
2021	$1,072,948	$730,857	$3,477,379	$342,091
2020	$1,414,213	$1,376,044	$2,978,879	$38,169
2019	$1,399,615	$1,524,019	$2,771,933	$-124,404