The American Association for Aeros… - 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

1981

Legal Domicile

Principal Officer

FAYE MCNEILL

Phone

8669727222

Tax Period

2024-01-01 to 2024-12-31

The American Association for Aerosol Research Inc, founded in 1981, is a small nonprofit in the Science & Technology sector that reported $830K in total revenue in fiscal year 2024. Net assets of $2.6M represent 37 months of operating reserves.

Mission

TO PROVIDE SCIENTIFIC FORUMS AND PUBLICATIONS IN ALL ASPECTS OF AEROSOL RESEARCH, TO ENCOMPASS THE DIVERSE TECHNICAL DISCIPLINES UTILIZING AEROSOL TECHNOLOGY, AND TO ENGENDER AEROSOL RESEARCH AND INNOVATION OF THE HIGHEST QUALITY.

Program Service Accomplishments

Program 1

Expenses: $634,236 Revenue: $591,441

ANNUAL CONFERENCE - CONFERENCE HELD FOR MEMBERS TO DISCOVER THE LATEST ADVANCES AND STATE-OF-THE-ART TECHNOLOGY ACROSS THE FULL SPECTRUM OF AEROSOL RESEARCH.

Program 2

Expenses: $47,539 Revenue: $84,040

PUBLICATIONS - AEROSOL SCIENCE AND TECHNOLOGY (AS&T), IS THE OFFICIAL JOURNAL OF AAAR. IT PUBLISHES THE RESULTS OF THEORETICAL AND EXPERIMENTAL INVESTIGATIONS INTO AEROSOL PHENOMENA AND CLOSELY...

PUBLICATIONS - AEROSOL SCIENCE AND TECHNOLOGY (AS&T), IS THE OFFICIAL JOURNAL OF AAAR. IT PUBLISHES THE RESULTS OF THEORETICAL AND EXPERIMENTAL INVESTIGATIONS INTO AEROSOL PHENOMENA AND CLOSELY RELATED MATERIAL AS WELL AS HIGH-QUALITY REPORTS ON FUNDAMENTAL AND APPLIED TOPICS.

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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 $48,050

Program Service Revenue $675,481

Investment Income $73,799

Other Revenue $32,936

TOTAL REVENUE $830,266

Expense Breakdown

Grants Paid $59,165

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $681,775

Other Expenses $757,526

TOTAL EXPENSES $816,691

Year-over-Year Comparison

	2024	2023	Change
Revenue	$830,266	$771,299	+0.1%
Expenses	$816,691	$835,188	0.0%
Net Income	$13,575	$-63,889	-1.2%

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

125

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Leah Williams	Immediate Past President	1.0	Officer Director	$0	$0	$0
Faye McNeill	President	1.0	Officer Director	$0	$0	$0
Amy Sullivan	Vice President	1.0	Officer Director	$0	$0	$0
Jim Smith	Treasurer	1.0	Officer Director	$0	$0	$0
Rachel O'Brien	Secretary	1.0	Officer Director	$0	$0	$0
Andy Ault	Director	1.0	Director	$0	$0	$0
Roya Bahreini	Director	1.0	Director	$0	$0	$0
Alex Huffman	Director	1.0	Director	$0	$0	$0
Manjula Canageratna	Director	1.0	Director	$0	$0	$0
Shantanu Jathar	Director	1.0	Director	$0	$0	$0
Rodney Weber	Director	1.0	Director	$0	$0	$0
Jesse Kroll	Treasurer-ELECT	1.0	Officer Director	$0	$0	$0
Chongai Kuang	Director	1.0	Director	$0	$0	$0
Miriam Freedman	Director	1.0	Director	$0	$0	$0
Arthur Chan	Director	1.0	Director	$0	$0	$0
Suresh Dhaniyala	vice president elect	1.0	Officer 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
2024	$830,266	$816,691	$2,715,435	$13,575
2023	$771,299	$835,188	$2,525,567	$-63,889
2022	$702,212	$749,395	$2,288,673	$-47,183
2021	$499,635	$465,192	$2,741,926	$34,443
2020	$541,350	$458,416	$2,508,556	$82,934
2019	$701,067	$720,108	$2,291,606	$-19,041
2018	$1,064,257	$1,178,714	$2,035,798	$-114,457

The American Association for Aerosol Research Inc