THE AMERICAN ACADEMY OF CARDIOVASCULAR SLEEP MEDICINE INC

EIN: 462870850 Community Improvement

GREENVILLE, NC

Total Revenue
$45,876
Total Expenses
$25,571
Total Assets
$36,288
Net Assets
$29,776
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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
Principal Officer
LEE A SURKIN MD
Phone
2529990488
Tax Period
2023-01-01 to 2023-12-31

THE AMERICAN ACADEMY OF CARDIOVASCULAR SLEEP MEDICINE INC, founded in 2011, is a micro nonprofit in the Community Improvement sector that reported $46K in total revenue in fiscal year 2023. Revenue surged 153% from the prior year, signaling strong growth momentum. The organization ran a surplus of $20K, a strong 44% operating margin.

Mission

ACADEMIC ORGANIZATION DEDICATED TO ADVANCING THE KNOWLEDGE BASE PERTAINING TO THE CONVERGENCE OF CARDIOVASCULAR DISEASE AND SLEEP DISORDERS. THE AACSM IS FOCUSED ON SUPPORTING CLINICAL AND ACADEMIC RESEARCH, EDUCATING HEALTHCARE PROVIDERS, INCREASING PUBLIC AWARENESS, WORKING WITH GOVERNMENTAL AND COMMERCIAL HEALTHCARE AGENCIES TO HELP DEFINE AND REFINE PRACTICE GUIDELINES AND ESTABLISHING ITSELF AS THE PRIMARY RESOURCE FOR ALL HEALTH RELATED ISSUES PERTAINING TO HEART DISEASE AND SLEEP DISORDERS. GUIDING THE WORK OF THE AACSM IS THE AWARENESS OF NEGATIVE IMPACT OF SLEEP DISORDERS ON CARDIOVASCULAR HEALTH. THE ACADEMY EDUCATEDS HEALTHCARE PRACTITIONERS IN CARDIOLOGY AND SLEEP MEDICINE ON THE INTERRELATIONSHIP BETWEEN HEART DISEASE AND POOR SLEEP.

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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 $42,500
Program Service Revenue $3,376
Investment Income $0
Other Revenue $0
TOTAL REVENUE $45,876

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $25,571
TOTAL EXPENSES $25,571

Year-over-Year Comparison

2023 2022 Change
Revenue $45,876 $18,150 +1.5%
Expenses $25,571 $14,101 +0.8%
Net Income $20,305 $4,049 +4.0%
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
4
Independent Members
4
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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARBARA HUTCHINSON MD BOARD MEMBER N/A
Director
$0 $0 $0
CHRISTOPHER J LETTIERI MD BOARD MEMBER N/A
Director
$0 $0 $0
SHAHROKH JAVAHERI MD BOARD MEMBER N/A
Director
$0 $0 $0
SNIGDHA PUSALAVIDYASAGAR BOARD MEMBER N/A
Director
$0 $0 $0
LEE A SURKIN MD PRESIDENT 3.00
Officer
$0 $0 $0
ELIZABETH SURKIN SECRETARY/TR 1.00
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 $45,876 $25,571 $36,288 $20,305
2022 $18,150 $14,101 $10,509 $4,049
2021 $14,850 $17,776 $8,103 $-2,926
2020 $7,750 $9,101 $8,348 $-1,351
2019 No data $1,098 $9,699 No data
2018 $5,000 $15,271 $10,797 $-10,271
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