AMERICAN ACADEMY OF PAIN MEDICINE

EIN: 465405016 501(c)(3) Medical Research

NORTH READING, MA

Total Revenue
$1,360,518
Total Expenses
$1,375,018
Total Assets
$958
Net Assets
$-56,154
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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
2014
Principal Officer
SCOT SARVER
Phone
9784307747
Tax Period
2024-01-01 to 2024-12-31

AMERICAN ACADEMY OF PAIN MEDICINE, founded in 2014, is a community nonprofit in the Medical Research sector that reported $1.4M in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring.

Mission

BASED APPROACHES IN PEROCEDURAL INTERVENTION RELATED TO CHRONIC MUSCULOSKELETAL PAIN THROUGH EDUCATION, RESEARCH, INNOVATION AND ADVOCACY.

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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 $0
Program Service Revenue $1,360,518
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,360,518

Expense Breakdown

Grants Paid $1,700
Salaries & Benefits $221,301
Fundraising Expenses $0
Program Expenses $1,375,018
Other Expenses $1,152,017
TOTAL EXPENSES $1,375,018

Year-over-Year Comparison

2024 2023 Change
Revenue $1,360,518 $1,707,579 -0.2%
Expenses $1,375,018 $1,970,698 -0.3%
Net Income $-14,500 $-263,119 -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

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Governance

Voting Members
1
Independent Members
1
Employees
1
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
1
$206,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOT SARVER CEO 20.00
Officer
$206,000 $0 $206,000
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 $1,360,518 $1,375,018 $958 $-14,500
2023 $1,707,579 $1,970,698 $15,812 $-263,119
2022 $2,117,375 $1,864,310 $292,011 $253,065
2021 $1,061,921 $1,034,423 No data $27,498
2020 $705,729 $748,093 No data $-42,364
2019 $753,167 $754,545 No data $-1,378
2018 $776,355 $759,956 $10,049 $16,399
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