ALABAMA ASSOCIATION OF NURSE ANEST… - 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

1976

Legal Domicile

Principal Officer

LARRY VINSON

Phone

3342607970

Tax Period

2023-01-01 to 2023-12-31

ALABAMA ASSOCIATION OF NURSE ANESTHETISTS INC, founded in 1976, is a small nonprofit that reported $475K in total revenue in fiscal year 2023. Expenses of $583K exceeded revenue, resulting in a 23% operating deficit.

Mission

ADVANCING QUALITY ANESTHESIA CARE, SERVING OUR MEMBERS, PROMOTING THE NURSE ANESTHESIA PROFESSION.

Program Service Accomplishments

Program 1

TO PROMOTE THE BEST INTERESTS OF ITS MEMBERS, AND IN GENERAL TO ADVANCE THE SCIENCE AND ART OF ANESTHESIA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $436,909

Investment Income $43,754

Other Revenue $-5,627

TOTAL REVENUE $475,036

Expense Breakdown

Grants Paid $6,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $576,971

TOTAL EXPENSES $582,971

Year-over-Year Comparison

	2023	2022	Change
Revenue	$475,036	$499,769	0.0%
Expenses	$582,971	$485,187	+0.2%
Net Income	$-107,935	$14,582	-8.4%

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
TERRI CAHOON	DIRECTOR	2.00	Director	$0	$0	$0
MERRILEE COBY	DIRECTOR	2.00	Director	$0	$0	$0
JACK FOWLER	DIRECTOR	2.00	Director	$0	$0	$0
RACHEL FOY	DIRECTOR	2.00	Director	$0	$0	$0
WARREN FOY	DIRECTOR	2.00	Director	$0	$0	$0
NANCY ANN WESTBROOK	DIRECTOR	2.00	Director	$0	$0	$0
AMY YERDON	DIRECTOR	2.00	Director	$0	$0	$0
JUSTIN T CARROLL	PRESIDENT	2.00	Officer Director	$0	$0	$0
KYLE M VANDERFORD	PRESIDENT-ELECT	2.00	Officer Director	$0	$0	$0
KRISTA NEIDERMEIER	PAST-PRESIDENT	2.00	Officer Director	$0	$0	$0
HEATHER JOINER	SECRETARY/VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
PHILIP B FIKES	TREASURER	2.00	Officer Director	$0	$0	$0
LARRY VINSON	EXECUTIVE DIRECTOR	5.00	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	No data	No data	No data	No data
2023	$475,036	$582,971	$896,752	$-107,935
2022	$499,769	$485,187	$1,004,687	$14,582
2021	$409,706	$348,221	$990,105	$61,485
2020	$264,590	$236,731	$928,620	$27,859
2019	$453,277	$440,025	$900,761	$13,252
2018	$346,783	$422,599	$737,648	$-75,816

ALABAMA ASSOCIATION OF NURSE ANESTHETISTS INC