AMERICAN INSTITUTE OF MINING METAL… - Form 990 Financial Data

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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

1905

Legal Domicile

Principal Officer

Jennifer Miskimins

Phone

3039484255

Tax Period

2022-01-01 to 2022-12-31

Mission

AIME SUPPORTS ITS MEMBER SOCIETIES BY EXERCISING FISCAL RESPONSIBILITY, DISTRIBUTING FUNDS, AND FACILITATING INTERACTION WITH THE RELEVANT, (CONTINUED ON SCH 0)

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

DURING THE 2022 YEAR, AIME (FILING ORGANIZATION) MERGED INTO AIME, A COLORADO-ORGANIZED AIME. ALL PROGRAM ACTIVITIES OF AIME CONTINUE TO BE OPERATED BY AIME UNDER THE EIN: 61-1855149. AIME PROVIDES GRANTS TO ENCOURAGE COLLABORATION AMONG THE MEMBER SOCIETIES AND SUPPORT EFFORTS THAT CUT ACROSS ALL DISCIPLINES.

Program 2

Expenses: $0 Revenue: $0

AIME AWARDS SCHOLARSHIPS AS WELL AS CERTAIN MEDALS AND AWARDS, INCLUDING HONORARY MEMBERSHIP. MANY AWARDS CARRY THE NAMESAKE OF ICONS WITHIN THE AIME DISCIPLINES OF MINING, METALLURGICAL, AND...

AIME AWARDS SCHOLARSHIPS AS WELL AS CERTAIN MEDALS AND AWARDS, INCLUDING HONORARY MEMBERSHIP. MANY AWARDS CARRY THE NAMESAKE OF ICONS WITHIN THE AIME DISCIPLINES OF MINING, METALLURGICAL, AND PETROLEUM ENGINEERING, THE STEEL AND IRON INDUSTRY, AND MATERIALS SCIENCE. AIME ALSO PROVIDES THE MEMBER SOCIETIES THE ANNUAL INCOME FROM ENDOWMENT FUNDS TO SUPPORT SPECIFIC PROGRAMS SUCH AS DISTINGUISHED LECTURERS, STUDENTS, YOUNG PROFESSIONALS, AND THE TECHNICAL LIBRARIES.

Program 3

AIME HAS A UNIQUE POSITION IN THE ENGINEERING AND SCIENTIFIC THE COMMUNITY; IT IS A LIAISON BETWEEN ITS MEMBER SOCIETIES AND THE RELEVANT ENGINEERING AND SCIENTIFIC COMMUNITY. AIME REPRESENTS ITS...

AIME HAS A UNIQUE POSITION IN THE ENGINEERING AND SCIENTIFIC THE COMMUNITY; IT IS A LIAISON BETWEEN ITS MEMBER SOCIETIES AND THE RELEVANT ENGINEERING AND SCIENTIFIC COMMUNITY. AIME REPRESENTS ITS MEMBER SOCIETIES AT JOINT FUNCTIONS AND CONNECT THEM TO THE COMMUNITIES, SHARING BEST PRACTICES, AND SUPPORTING OTHER COLLABORATIVE EFFORTS TO WORK JOINTLY FOR THE GREATER GOOD OF THE PROFESSION AND SOCIETY AS A WHOLE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2022	2021	Change
Revenue	N/A	$955,952	-1.0%
Expenses	N/A	$1,768,965	-1.0%
Net Income	N/A	$-813,013	N/A

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

N/A

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

$137,552

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michele Lawrie-Munro	Exec. Director, Secretary	40.0	Officer	$113,183	$24,369	$137,552
George Luxbacher	Past President (to 8/2022)	4.0	Officer Director	$0	$0	$0
Kevin Zeik	Past Pres (8/22), Pres to 8/22	4.0	Officer Director	$0	$0	$0
Jennifer Miskimins	Pres(from 8/22), Treas.(8/22)	4.0	Officer Director	$0	$0	$0
Elizabeth Holm	Pres.Elect, Treas(from 8/22)	4.0	Officer Director	$0	$0	$0
Steve Gardner	Pres. Elect Design.(from 8/22)	4.0	Officer Director	$0	$0	$0
Ron Ashburn	trustee	4.0	Director	$0	$0	$0
Dave Kanagy	Trustee	4.0	Director	$0	$0	$0
Jim Robinson	Trustee	4.0	Director	$0	$0	$0
Mark Rubin	Trustee	4.0	Director	$0	$0	$0

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
2022	No data	No data	No data	No data
2021	$955,952	$1,768,965	$13,446,710	$-813,013
2020	$932,881	$1,058,931	$13,240,146	$-126,050
2019	$927,496	$658,127	$12,440,124	$269,369
2018	$927,929	$636,927	$10,653,267	$291,002

AMERICAN INSTITUTE OF MINING METALLURGICAL AND PETROLEUM ENGINEERS INC