AMERICAN ASSOCIATION OF SLEEP TECHNOLOGISTS

EIN: 391601311

DARIEN, IL

Total Revenue
$550,906
Total Expenses
$719,483
Total Assets
$931,620
Net Assets
$717,202
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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
1987
Legal Domicile
MN
Principal Officer
EMERSON KERR
Phone
6307379720
Tax Period
2023-01-01 to 2023-12-31

AMERICAN ASSOCIATION OF SLEEP TECHNOLOGISTS, founded in 1987, is a small nonprofit that reported $551K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $719K exceeded revenue, resulting in a 31% operating deficit.

Mission

AAST IS AN INTERNATIONAL SOCIETY OF PROFESSIONALS THAT PERFORMS AN ESSENTIAL ROLE IN THE DIAGNOSIS AND TREATMENT OF SLEEP DISORDERS THROUGH PROVIDING EDUCATION, RESOURCES AND ADVOCACY, AND LEADING SLEEP-CARE PROFESSIONALS TO BE THE MOST KNOWLEDGEABLE IN THE FIELD RESULTING IN THE HIGHEST QUALITY OF CARE FOR PATIENTS.

Program Service Accomplishments

Program 1

EDUCATION - AAST HOSTS A ROBUST ONLINE LEARNING CENTER FOR SLEEP TECHNOLOGISTS TO LEARN NEW SKILLS AND GAIN KNOWLEDGE IN SLEEP AND SLEEP TECHNOLOGY. IN ADDITION, AAST HAS MANY PRODUCTS THAT WILL...

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EDUCATION - AAST HOSTS A ROBUST ONLINE LEARNING CENTER FOR SLEEP TECHNOLOGISTS TO LEARN NEW SKILLS AND GAIN KNOWLEDGE IN SLEEP AND SLEEP TECHNOLOGY. IN ADDITION, AAST HAS MANY PRODUCTS THAT WILL ASSIST TECHNOLOGISTS AT ALL LEVELS TO PREPARE FOR REGISTRY OR CERTIFICATION EXAMINATIONS AND RECERTIFICATION AS REGISTERED POLYSOMNOGRAPHIC TECHNOLOGISTS AND REGISTERED SLEEP TECHNOLOGISTS.

Program 2

PUBLICATIONS - AAST PUBLISHES A QUARTERLY JOURNAL THAT PRESENTS EDUCATIONAL INFORMATION FOR THE PROFESSIONAL DEVELOPMENT OF SLEEP TECHNOLOGISTS AND SLEEP TECHNICIANS WHO ASSIST IN THE EVALUATION AND...

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PUBLICATIONS - AAST PUBLISHES A QUARTERLY JOURNAL THAT PRESENTS EDUCATIONAL INFORMATION FOR THE PROFESSIONAL DEVELOPMENT OF SLEEP TECHNOLOGISTS AND SLEEP TECHNICIANS WHO ASSIST IN THE EVALUATION AND FOLLOW-UP CARE OF PATIENTS WITH SLEEP DISORDERS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,000
Program Service Revenue $471,689
Investment Income $55,583
Other Revenue $20,634
TOTAL REVENUE $550,906

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $719,483
TOTAL EXPENSES $719,483

Year-over-Year Comparison

2023 2022 Change
Revenue $550,906 $600,775 -0.1%
Expenses $719,483 $863,830 -0.2%
Net Income $-168,577 $-263,055 -0.4%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
50

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
5
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EMERSON KERR PRESIDENT 5.00
Officer Director
$0 $0 $0
LAREE J FORDYCE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
DAVID WOLFE SECRETARY 1.00
Officer Director
$0 $0 $0
T MASSEY ARRINGTON TREASURER 1.00
Officer Director
$0 $0 $0
KEVIN ADLEY DIRECTOR 1.00
Director
$0 $0 $0
SARAH BRENNECKA DIRECTOR 1.00
Director
$0 $0 $0
RENAE DAVIS DIRECTOR 1.00
Director
$0 $0 $0
LISA ENDEE DIRECTOR 1.00
Director
$0 $0 $0
AMY KORN-REAVIS DIRECTOR 1.00
Director
$0 $0 $0
ROBIN JAMES DIRECTOR 1.00
Director
$0 $0 $0
ROBERT MILLER DIRECTOR 1.00
Director
$0 $0 $0
HEATHER RICH EXECUTIVE DIRECTOR (SMITHBUCKLIN) 15.00
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 $550,906 $719,483 $931,620 $-168,577
2022 $600,775 $863,830 $1,107,285 $-263,055
2021 $734,206 $780,776 $1,531,038 $-46,570
2020 $677,674 $804,157 $1,502,701 $-126,483
2019 $988,108 $1,127,841 $1,577,435 $-139,733
2018 $866,273 $1,074,135 $1,694,422 $-207,862
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