ASSOC FOR ADVANCING AUTOMATION (EIN 382073194) - Form 990 Financial Analysis & Trantor Score

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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

1974

Legal Domicile

Principal Officer

JEFFREY BURNSTEIN

Phone

7349946088

Tax Period

2023-01-01 to 2023-12-31

ASSOC FOR ADVANCING AUTOMATION, founded in 1974, is a mid-sized nonprofit that reported $18.3M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $4.1M, a strong 22% operating margin.

Mission

TO PROVIDE LEADERSHIP FOR THE RESPONSIBLE ADVANCEMENT OF ALL ROBOTICS, VISION, MOTION CONTROL, AND RELATED SOFTWARE & AUTOMATION INDUSTRIES THROUGH EDUCATIONAL SEMINARS AND TRADE SHOWS, PUBLICATIONS AND STANDARDS DEVELOPMENT.

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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 $2,002,005

Program Service Revenue $15,502,272

Investment Income $732,071

Other Revenue $57,563

TOTAL REVENUE $18,293,911

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,474,510

Fundraising Expenses $0

Other Expenses $8,762,051

TOTAL EXPENSES $14,236,561

Year-over-Year Comparison

	2023	2022	Change
Revenue	$18,293,911	$16,268,110	+0.1%
Expenses	$14,236,561	$11,923,175	+0.2%
Net Income	$4,057,350	$4,344,935	-0.1%

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

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

$683,239

Total Directors

$683,239

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY BURNSTEIN	PRESIDENT	40.00	Officer Director	$392,319	$290,920	$683,239
DARCY BACHERT	MEMBER	N/A	Director	$0	$0	$0
JEREMY BERGH	VICE CHAIR	N/A	Officer Director	$0	$0	$0
GUNNAR BLOCK	MEMBER	N/A	Director	$0	$0	$0
JOHN BUTLER	MEMBER	N/A	Director	$0	$0	$0
LOU FINAZZO	MEMBER	N/A	Director	$0	$0	$0
MATT FRENCH	MEMBER	N/A	Director	$0	$0	$0
JOE GEMMA	MEMBER	N/A	Director	$0	$0	$0
MILTON GUERRY	CHAIR	N/A	Officer Director	$0	$0	$0
GREG HOLLOWS	MEMBER	N/A	Director	$0	$0	$0
PAUL HORVAT	MEMBER	N/A	Director	$0	$0	$0
STEVE KINNEY	MEMBER	N/A	Director	$0	$0	$0
JOHN LIZZI	MEMBER	N/A	Director	$0	$0	$0
RASHMI MISRA	MEMBER	N/A	Director	$0	$0	$0
ERIC RICE	MEMBER	N/A	Director	$0	$0	$0
STEVE WARDELL	MEMBER	N/A	Director	$0	$0	$0
MATTHEW WICKS	MEMBER	N/A	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	No data	No data	No data	No data
2023	$18,293,911	$14,236,561	$34,878,972	$4,057,350
2022	$16,268,110	$11,923,175	$27,286,000	$4,344,935
2021	$5,352,169	$4,932,023	$22,133,689	$420,146
2020	$5,526,862	$5,431,718	$19,597,487	$95,144
2019	$13,266,743	$8,494,219	$16,287,470	$4,772,524
2018	$4,647,636	$6,383,815	$13,796,661	$-1,736,179

ASSOC FOR ADVANCING AUTOMATION