AMERICAN ASSOCIATION OF COLLEGES O… - 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

1970

Legal Domicile

Principal Officer

ROBERT A CAIN DO FACOI

Phone

3019684100

Tax Period

2024-07-01 to 2025-06-30

AMERICAN ASSOCIATION OF COLLEGES OF OSTEOPATHIC MEDICINE, founded in 1970, is a mid-sized nonprofit in the Education sector that reported $25.3M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.8M, a strong 15% operating margin.

Mission

AACOM LEADS AND ADVOCATES FOR THE OSTEOPATHIC MEDICAL EDUCATION COMMUNITY TO IMPROVE THE HEALTH OF THE PUBLIC. AACOM REPRESENTS AND ADVANCES THE CONTINUUM OF MEDICAL EDUCATION BY: SUPPORTING OUR MEMBER INSTITUTIONS AS THEY EDUCATE THE FUTURE PHYSICIAN WORKFORCE; INCREASING AWARENESS OF OSTEOPATHIC MEDICAL EDUCATION AND OSTEOPATHIC MEDICINE; PROMOTING EXCELLENCE IN MEDICAL EDUCATION, POLICY, RESEARCH, AND SERVICE; AND FOSTERING INNOVATION AND QUALITY THROUGHOUT MEDICAL EDUCATION.

Program Service Accomplishments

Program 1

Expenses: $4,991,677 Revenue: $15,076,365

CENTRALIZED STUDENT APPLICATION SERVICE - PROVIDES A CENTRALIZED APPLICATION SERVICE FOR STUDENTS APPLYING TO U.S. OSTEOPATHIC MEDICAL COLLEGES BY ALLOWING THE STUDENTS TO APPLY TO MULTIPLE MEDICAL SCHOOLS USING ONE COMMON APPLICATION, AND STANDARDIZING THE REVIEW PROCESS FOR AACOM'S MEMBER COLLEGES. DURING THIS YEAR, 23,493 STUDENT APPLICANTS PARTICIPATED. AACOM ENGAGES IN RECRUITMENT ACTIVITIES TO DEVELOP AWARENESS ABOUT OSTEOPATHIC MEDICINE AMONG POTENTIAL MEDICAL SCHOOL APPLICANTS. AACOM'S RECRUITMENT EFFORTS SEEK TO ATTRACT A DIVERSE AND ACADEMICALLY WELL-QUALIFIED POOL OF APPLICANTS FOR ITS MEMBER MEDICAL SCHOOLS.

Program 2

Expenses: $2,137,792 Revenue: $4,414

MARKETING AND COMMUNICATIONS - OVERSEES AACOM'S BRANDING AND STRENGTHENING THE VOICE AND INFLUENCE OF OSTEOPATHIC MEDICINE AND OSTEOPATHIC MEDICAL EDUCATION WITH KEY STAKEHOLDERS AND COMMUNITIES. IT PROMOTES OSTEOPATHIC MEDICAL EDUCATION WITH DIGITAL INITIATIVES, INCLUDING WEBSITES, EMAILS, SOCIAL MEDIA PLATFORMS, CREATIVE CONTENT, AND PRINT EFFORTS. AACOM REACHES MILLIONS OF PROSPECTIVE OSTEOPATHIC STUDENTS, DEANS, FACULTY, AND OTHER DECISION MAKERS EACH YEAR.

Program 3

Expenses: $2,108,374 Revenue: $47,913

LEARNING, INNOVATION AND RESEARCH SERVICES - COLLECTS AND ANALYZES STATISTICAL AND PREDICTIVE DATA ON OSTEOPATHIC MEDICAL EDUCATION, INCLUDING DATA ON STUDENTS, FACULTY, CURRICULA, NEW SCHOOL...

LEARNING, INNOVATION AND RESEARCH SERVICES - COLLECTS AND ANALYZES STATISTICAL AND PREDICTIVE DATA ON OSTEOPATHIC MEDICAL EDUCATION, INCLUDING DATA ON STUDENTS, FACULTY, CURRICULA, NEW SCHOOL DEVELOPMENT, AND SERVICE AT THE COLLEGES OF OSTEOPATHIC MEDICINE. THE DEPARTMENT PROVIDES THE DATA TO MEMBER COLLEGES, HEALTH POLICY MAKERS, MEMBERS OF CONGRESS, AND THE GENERAL PUBLIC.

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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 $307,687

Program Service Revenue $22,406,816

Investment Income $2,420,883

Other Revenue $128,483

TOTAL REVENUE $25,263,869

Expense Breakdown

Grants Paid $240,276

Salaries & Benefits $9,131,305

Fundraising Expenses $0

Program Expenses $16,570,337

Other Expenses $12,075,870

TOTAL EXPENSES $21,447,451

Year-over-Year Comparison

	2024	2023	Change
Revenue	$25,263,869	$21,707,744	+0.2%
Expenses	$21,447,451	$18,543,539	+0.2%
Net Income	$3,816,418	$3,164,205	+0.2%

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

Volunteers

1224

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

$975,841

Total Directors

Key Employees

$1,671,766

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHANE SPEIGHTS	CHAIR	4.00	Officer Director	$0	$0	$0
JANE E CARREIRO	VICE CHAIR	3.00	Officer Director	$0	$0	$0
WOLFGANG G GILLIAR	SECRETARY/TREASURER	3.00	Officer Director	$0	$0	$0
MARGARET A WILSON	PAST CHAIR	3.00	Officer Director	$0	$0	$0
JAY S FELDSTEIN	AOP REPRESENTATIVE (THRU 7/9/24)	1.00	Director	$0	$0	$0
JOHN L HUMMER	AOP REPRESENTATIVE	1.00	Director	$0	$0	$0
SANDRA M SNYDER	AOGME REPRESENTATIVE (THRU 7/9/24)	1.00	Director	$0	$0	$0
KENNETH A HEILES	AOGME REPRESENTATIVE	1.00	Director	$0	$0	$0
AMANDA WRIGHT	VOTING MEMBER	1.00	Director	$0	$0	$0
ANDREA P MANN	VOTING MEMBER	1.00	Director	$0	$0	$0
BRIAN A KESSLER	VOTING MEMBER (THRU 6/30/25)	1.00	Director	$0	$0	$0
CHRISTOPHER LOYKE	VOTING MEMBER	1.00	Director	$0	$0	$0
DAVID A CONNETT	VOTING MEMBER	1.00	Director	$0	$0	$0
DAVID J PARK	VOTING MEMBER (THRU 2/13/25)	1.00	Director	$0	$0	$0
DAVID L TOLENTINO	VOTING MEMBER	1.00	Director	$0	$0	$0
DAVID NINAN	VOTING MEMBER	1.00	Director	$0	$0	$0
DENNIS E BLANKENSHIP	VOTING MEMBER	1.00	Director	$0	$0	$0
ELAINE M WALLACE	VOTING MEMBER	1.00	Director	$0	$0	$0
FRANK A FILIPETTO	VOTING MEMBER (THRU 9/23/24)	1.00	Director	$0	$0	$0
HEATH PARKER	VOTING MEMBER	1.00	Director	$0	$0	$0
HEATHER FERRILL	VOTING MEMBER	1.00	Director	$0	$0	$0
ISAAC J KIRSTEIN	VOTING MEMBER	1.00	Director	$0	$0	$0
ITALO SUBBARAO	VOTING MEMBER	1.00	Director	$0	$0	$0
JAMES C JONES	VOTING MEMBER	1.00	Director	$0	$0	$0
JOE E KINGERY	VOTING MEMBER	1.00	Director	$0	$0	$0
JOHN E MOORE	VOTING MEMBER	1.00	Director	$0	$0	$0
JOHN LUCAS	VOTING MEMBER	1.00	Director	$0	$0	$0
JOHN M KAUFFMAN	VOTING MEMBER	1.00	Director	$0	$0	$0
JOHN T PHAM	VOTING MEMBER	1.00	Director	$0	$0	$0
JOHN W GRANETO	VOTING MEMBER	1.00	Director	$0	$0	$0
JOSEPH R JOHNSON	VOTING MEMBER	1.00	Director	$0	$0	$0
JOYCE DEJONG	VOTING MEMBER (THRU 2/20/25)	1.00	Director	$0	$0	$0
KENNETH J STEIER	VOTING MEMBER	1.00	Director	$0	$0	$0
KEVIN WILSON	VOTING MEMBER	1.00	Director	$0	$0	$0
KIRSTEN L WAARALA	VOTING MEMBER	1.00	Director	$0	$0	$0
LINDA BOYD	VOTING MEMBER	1.00	Director	$0	$0	$0
LISA R NASH	VOTING MEMBER	1.00	Director	$0	$0	$0
LISA WARREN	VOTING MEMBER	1.00	Director	$0	$0	$0
LORI A KEMPER	VOTING MEMBER	1.00	Director	$0	$0	$0
LYNSEY DREW	VOTING MEMBER	1.00	Director	$0	$0	$0
MARK A SANDERS	VOTING MEMBER	1.00	Director	$0	$0	$0
MARK K KAUFFMAN	VOTING MEMBER	1.00	Director	$0	$0	$0
MATTHEW CANNON	VOTING MEMBER	1.00	Director	$0	$0	$0
MURRAY R BERKOWITZ	VOTING MEMBER	1.00	Director	$0	$0	$0
PAULA M GREGORY	VOTING MEMBER (THRU 2/12/25)	1.00	Director	$0	$0	$0
PETER A BELL	VOTING MEMBER	1.00	Director	$0	$0	$0
PETER F BIDEY	VOTING MEMBER	1.00	Director	$0	$0	$0
RICHARD R TERRY	VOTING MEMBER	1.00	Director	$0	$0	$0
RICHARD T JERMYN	VOTING MEMBER	1.00	Director	$0	$0	$0
ROBERT HASTY	VOTING MEMBER	1.00	Director	$0	$0	$0
RONALD P JANUCHOWSKI	VOTING MEMBER	1.00	Director	$0	$0	$0
SHANNON R JIMENEZ	VOTING MEMBER	1.00	Director	$0	$0	$0
SHARON J OBADIA	VOTING MEMBER	1.00	Director	$0	$0	$0
TAMI HENDRIKSZ	VOTING MEMBER	1.00	Director	$0	$0	$0
THOMAS A BOYLE	VOTING MEMBER	1.00	Director	$0	$0	$0
THOMAS A SCANDALIS	VOTING MEMBER	1.00	Director	$0	$0	$0
THOMAS J MOHR	VOTING MEMBER	1.00	Director	$0	$0	$0
WILLIAM J COX	VOTING MEMBER	1.00	Director	$0	$0	$0
WILLIAM PIERATT	VOTING MEMBER	1.00	Director	$0	$0	$0
ROBERT CAIN	PRESIDENT, CEO	37.50	Officer	$601,761	$37,281	$639,042
PATRICIA DELANEY	SVP, FINANCE & OPERATION	37.50	Officer	$313,197	$23,602	$336,799
DAVID M BERGMAN	SVP, GOV'T REL & HEALTH AFFAIRS	37.50	Key Emp	$312,106	$16,490	$328,596
MARK R SPEICHER	SVP, LEARNING, RESEARCH & INNOV	37.50	Key Emp	$318,954	$20,308	$339,262
SUSAN E RIDGE	SVP, MARKETING, COMM & EVENTS	37.50	Key Emp	$268,695	$38,252	$306,947
RANCE L MCCLAIN	SVP, MEDICAL EDUCATION	37.50	Key Emp	$362,797	$16,168	$378,965
VIRGINIA BADER	CHIEF OF STAFF	37.50	Key Emp	$317,996	$0	$317,996
FANG JIANG	VP OF FINANCE	37.50	Highest	$257,243	$14,662	$271,905
JEFF TJIPUTRA	VP OF IT/CIO	37.50	Highest	$257,332	$0	$257,332
ALEGNETA LONG	VP OF GME INITIATIVES	37.50	Highest	$213,183	$218	$213,401
HELENE ALLISA CAMERON	VP OF UME SERVICES	37.50	Highest	$244,071	$14,615	$258,686
GEVORK HAROOTUNIAN	DIRECTOR OF DATA SCIENCE	37.50	Highest	$191,405	$10,303	$201,708

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	$25,263,869	$21,447,451	$63,205,408	$3,816,418
2024	$21,707,744	$18,543,539	$52,525,698	$3,164,205
2023	$19,931,135	$16,348,617	$45,065,670	$3,582,518
2022	$18,698,103	$14,659,841	$36,309,153	$4,038,262
2021	$19,891,031	$14,083,609	$37,242,630	$5,807,422
2020	$15,854,635	$13,852,823	$28,266,295	$2,001,812
2019	$15,173,110	$14,399,619	$24,948,349	$773,491
2018	$15,267,872	$14,065,009	$23,331,781	$1,202,863

AMERICAN ASSOCIATION OF COLLEGES OF OSTEOPATHIC MEDICINE