AMERICAN AGING ASSOCIATION INC

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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

Phone

8307939393

Tax Period

2024-01-01 to 2024-12-31

AMERICAN AGING ASSOCIATION INC, founded in 1970, is a small nonprofit in the Unknown sector that reported $938K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $319K, a strong 34% operating margin.

Mission

SEE SCHEDULE 0 FOR THE OBJECTIVE AND PURPOSE OF THE ORGANIZATION

Program Service Accomplishments

Program 1

THE AMERICAN AGING ASSOCIATION TRAINEE CHAPTER OFFERS NUMEROUS BENEFITS TO LEARNERS AT ALL LEVELS. THESE INCLUDE THE OPPORTUNITY TO WIN PRESENTATION AND TRAVEL AWARDS, CAREER DEVELOPMENT, AND...

THE AMERICAN AGING ASSOCIATION TRAINEE CHAPTER OFFERS NUMEROUS BENEFITS TO LEARNERS AT ALL LEVELS. THESE INCLUDE THE OPPORTUNITY TO WIN PRESENTATION AND TRAVEL AWARDS, CAREER DEVELOPMENT, AND NETWORKING WITH OTHER TRAINEES AND SOME OF THE WORLDS TOP GEROSCIENTISTS AND BIOGERONTOLOGISTS.

Program 2

AMERICAN AGING ASSOCIATION PRESENTS SERIES OF VIDEO DISCUSSIONS, PRESENTATIONS AND SEMINARS DEDICATED TO AGING RESEARCH.

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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 $206,686

Program Service Revenue $634,975

Investment Income $96,211

Other Revenue $0

TOTAL REVENUE $937,872

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,778

Fundraising Expenses $0

Program Expenses $532,493

Other Expenses $602,211

TOTAL EXPENSES $618,989

Year-over-Year Comparison

	2024	2023	Change
Revenue	$937,872	$752,987	+0.2%
Expenses	$618,989	$343,403	+0.8%
Net Income	$318,883	$409,584	-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

N/A

Volunteers

N/A

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
HOLLY VAN REMMEN	IMMEDIATE PAST PRESIDENT 2022-2024	2.00	Officer	$0	$0	$0
DUDLEY LAMMING	PRESIDENT 2023-2024	2.00	Officer	$0	$0	$0
DOUG ROSENE	TREASURER 2017-2025	2.00	Officer	$0	$0	$0
KRISTIN GRIBBLE	SECRETARY 2022-2024	2.00	Officer	$0	$0	$0
GEORGE SUTPHIN	CHAIRMAN 2023-2026	2.00	Officer	$0	$0	$0
BENJAMIN MILLER	PRESIDENT-ELECT 2023-2025	2.00	Officer	$0	$0	$0
CHRISTIAN SELL	TREASURER ELECT 2025-2029	2.00	Officer	$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	$937,872	$618,989	$1,800,403	$318,883
2023	$752,987	$343,403	$1,323,681	$409,584
2022	$536,560	$393,918	$900,934	$142,642
2021	$298,235	$183,666	$739,587	$114,569
2020	$209,836	$75,439	$558,576	$134,397
2019	$338,466	$338,896	$429,471	$-430
2018	$283,489	$252,049	$391,286	$31,440