AMERICAN ACADEMY OF NEUROLOGICAL SURGERY

EIN: 411793954 501(c)(3) Education

ROCHESTER, MN

Total Revenue
$1,007,048
Total Expenses
$775,496
Total Assets
$1,797,625
Net Assets
$1,797,625
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
MN
Principal Officer
DR RUSSELL LONSER
Phone
6148021677
Tax Period
2024-01-01 to 2024-12-31

AMERICAN ACADEMY OF NEUROLOGICAL SURGERY, founded in 1994, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $232K, a strong 23% operating margin.

Mission

TO ENCOURAGE AND DISSEMINATE THE KNOWLEDGE OF NEUROLOGY AND NEUROLOGICAL SURGERICAL MEDICINE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $540,000
Program Service Revenue $432,382
Investment Income $34,666
Other Revenue $0
TOTAL REVENUE $1,007,048

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $737,187
Other Expenses $775,496
TOTAL EXPENSES $775,496

Year-over-Year Comparison

2024 2023 Change
Revenue $1,007,048 $768,428 +0.3%
Expenses $775,496 $895,539 -0.1%
Net Income $231,552 $-127,111 -2.8%
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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
10

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
8
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHENANDOAH ROBINSON MD PRESIDENT (UNTIL 10/31/24) 2.00
Officer Director
$0 $0 $0
E SANDER CONNOLLY JR MD PRESIDENT (AS OF 11/1/24) 2.00
Officer Director
$0 $0 $0
ANIL NANDA MD VICE PRESIDENT (UNTIL 10/31/24) 2.00
Officer Director
$0 $0 $0
SEPI AMIN-HANJANI MD SECRETARY 2.00
Officer Director
$0 $0 $0
RUSSELL LONSER MD TREASURER 2.00
Officer Director
$0 $0 $0
FRED G BARKER II PAST PRESIDENT (UNTIL 10/31/24) 2.00
Director
$0 $0 $0
MICHAEL SCHULDER MD HISTORIAN 2.00
Officer Director
$0 $0 $0
AVIVA ABOSCH MD PHD MEMBER AT LARGE 2.00
Director
$0 $0 $0
NELSON OYESIKU PRESIDENT-ELECT (AS OF 11/1/24) 2.00
Officer Director
$0 $0 $0
MURAT GUNEL VICE PRESIDENT (AS OF 11/1/24) 2.00
Officer 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 $1,007,048 $775,496 $1,797,625 $231,552
2023 $768,428 $895,539 $1,455,240 $-127,111
2022 $626,131 $504,372 $1,434,591 $121,759
2021 $525,625 $539,790 $1,534,277 $-14,165
2020 $105,553 $242,209 $1,407,265 $-136,656
2019 $483,592 $374,707 $1,442,204 $108,885
2018 $481,520 $676,971 $1,186,167 $-195,451
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