AMERICAN ACADEMY OF ALLERGY ASTHMA… - 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

2011

Legal Domicile

Principal Officer

FRANK S VIRANT MD

Phone

4142726071

Tax Period

2024-01-01 to 2024-12-31

AMERICAN ACADEMY OF ALLERGY ASTHMA & IMMUNOLOGY FOUNDATION INC, founded in 2011, is a community nonprofit in the Education sector that reported $3.1M in total revenue in fiscal year 2024. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 48% operating margin.

Mission

TO FIND TREATMENTS AND CURES FOR THE MILLIONS OF PEOPLE SUFFERING FROM ALLERGIES, ASTHMA AND OTHER IMMUNOLOGIC DISEASES BY SUPPORTING EDUCATION AND RESEARCH.

Program Service Accomplishments

Program 1

Expenses: $1,562,367 Revenue: $435,000

THE FOUNDATION FUNDS FOUR FACULTY DEVELOPMENT AWARDS ANNUALLY. THESE RESEARCH AWARDS SUPPORT THE RESEARCH EFFORTS OF JUNIOR FACULTY MEMBERS IN THE FIELD OF ALLERGY/IMMUNOLOGY TO LEAD TO THE...

THE FOUNDATION FUNDS FOUR FACULTY DEVELOPMENT AWARDS ANNUALLY. THESE RESEARCH AWARDS SUPPORT THE RESEARCH EFFORTS OF JUNIOR FACULTY MEMBERS IN THE FIELD OF ALLERGY/IMMUNOLOGY TO LEAD TO THE PREVENTION AND CURE OF ASTHMA AND ALLERGIC AND IMMUNOLOGIC DISEASE.

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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 $477,064

Program Service Revenue $435,000

Investment Income $2,052,412

Other Revenue $154,564

TOTAL REVENUE $3,119,040

Expense Breakdown

Grants Paid $1,400,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,562,367

Other Expenses $232,696

TOTAL EXPENSES $1,632,696

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,119,040	$1,718,264	+0.8%
Expenses	$1,632,696	$948,397	+0.7%
Net Income	$1,486,344	$769,867	+0.9%

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

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

$116,000

Total Directors

$119,825

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHAN A BERNSTEIN MD	IMMEDIATE PAST PRESIDENT	2.00	Officer Director	$0	$0	$18,333
PAUL V WILLIAMS MD	PRESIDENT	2.00	Officer Director	$0	$0	$91,667
MARCUS SHAKER MD	DIRECTOR	2.00	Director	$0	$0	$0
CEM AKIN MD PHD	DIRECTOR	2.00	Director	$0	$0	$0
PRIYA J BANSAL MD	DIRECTOR	2.00	Director	$0	$0	$0
DENISE A DIPRIMIO-KALMAN DO	DIRECTOR	2.00	Director	$0	$0	$0
ANNA H NOWAK-WEGRZYN MD PHD	DIRECTOR	2.00	Director	$0	$0	$0
CARLA M DAVIS MD	SECRETARY-TREASURER	2.00	Officer Director	$0	$0	$6,000
WANDA PHIPATANAKUL MD	DIRECTOR	2.00	Director	$0	$0	$3,825
THANAI PONGDEE MD	DIRECTOR	2.00	Director	$0	$0	$0
FRANK VIRANT MD	PRESIDENT-ELECT	2.00	Officer Director	$0	$0	$0
ANIL NANDA MD	DIRECTOR	2.00	Director	$0	$0	$0
REBECCA SCHERZER MD	DIRECTOR	2.00	Director	$0	$0	$0
JORDAN SCOTT ORANGE MD	DIRECTOR	2.00	Director	$0	$0	$0
THOMAS A FLEISHER MD	EXECUTIVE VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
ANJU T PETERS MD	DIRECTOR	2.00	Director	$0	$0	$0
LEONARD B BACHARIER MD	DIRECTOR (TERM END 2/24)	2.00	Director	$0	$0	$0
ALLISON RAMSEY MD	DIRECTOR	2.00	Director	$0	$0	$0
STUART L ABRAMSON MD PHD	DIRECTOR (TERM END 2/24)	2.00	Director	$0	$0	$0
TAMARA T PERRY MD	DIRECTOR (TERM END 2/24)	2.00	Director	$0	$0	$0
DAVID A KHAN MD	IMMEDIATE PAST PRESIDENT (TERM END 2/24)	2.00	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	$3,119,040	$1,632,696	$23,802,413	$1,486,344
2024	$3,119,040	$1,632,696	$23,802,413	$1,486,344
2023	$1,718,264	$948,397	$21,903,757	$769,867
2022	$1,862,345	$1,141,527	$19,357,004	$720,818
2021	$1,971,606	$1,122,654	$22,878,939	$848,952
2020	$670,870	$1,147,999	$19,499,281	$-477,129
2019	$1,771,278	$1,209,496	$17,829,777	$561,782
2018	$1,788,591	$812,200	$15,209,286	$976,391

AMERICAN ACADEMY OF ALLERGY ASTHMA & IMMUNOLOGY FOUNDATION INC