AMERICAN ELECTROLOGY ASSOCIATION AMERICAN ELECTROLOGY ASSOCIATION

EIN: 510142552

CHELMSFORD, MA

Total Revenue
$407,457
Total Expenses
$560,965
Total Assets
$682,272
Net Assets
$682,272
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
NJ
Principal Officer
BRIDGETT MEGGS CPE
Phone
5096628874
Tax Period
2024-01-01 to 2024-12-31

AMERICAN ELECTROLOGY ASSOCIATION AMERICAN ELECTROLOGY ASSOCIATION, founded in 1958, is a small nonprofit that reported $407K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $561K exceeded revenue, resulting in a 38% operating deficit.

Mission

PURPOSE OF THE AMERICAN ELECTROLOGY ASSOCIATION IS TO PROVIDE QUALITY EDUCATION THROUGH SEMINARS AND JOURNALS; ESTABLISH AND PROMOTE HIGHEST STANDARDS OF PRACTICE, ETHICS, INFECTION CONTROL, AND CONTINUING EDUCATION; DEVELOP AND MAINTAIN NATIONAL BOARD CERTIFICATION AND STATE LICENSING EXAMS; BE A CREDIBLE SOURCE OF INFORMATION FOR ALL PUBLIC AND GOVERNMENT AGENCIES.

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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 $485
Program Service Revenue $406,743
Investment Income $229
Other Revenue $0
TOTAL REVENUE $407,457

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $555,130
Other Expenses $560,965
TOTAL EXPENSES $560,965

Year-over-Year Comparison

2024 2023 Change
Revenue $407,457 $447,853 -0.1%
Expenses $560,965 $518,717 +0.1%
Net Income $-153,508 $-70,864 +1.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
N/A
Employees
N/A
Volunteers
45

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
9
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIDGETT MEGGS CPE PRESIDENT N/A
Officer
$0 $0 $0
DEBORAH CASSIN CPE CPE 1ST VP N/A
Officer
$0 $0 $0
DONNA F CRUMP CPE CONVENTION C N/A
Officer
$0 $0 $0
JULIA HAMILTON CPE CPE 2ND VP N/A
Officer
$0 $0 $0
JULIEANNA VASQUEZ CPE RECORDING SE N/A
Officer
$0 $0 $0
PATSY KIRBY CPE DIRECTOR OF N/A
Officer
$0 $0 $0
RANDA THURMAN CPE CPE 3RD VP N/A
Officer
$0 $0 $0
RITA SOUZA CPE TREASURER N/A
Officer
$0 $0 $0
VICKIE WIDMYER CPE EDUCATION DI N/A
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
2025 No data No data No data No data
2024 $407,457 $560,965 $682,272 $-153,508
2023 $447,853 $518,717 $835,780 $-70,864
2022 $426,743 $270,181 $906,644 $156,562
2021 $390,476 $226,605 $750,082 $163,871
2020 $325,696 $238,177 $584,286 $87,519
2019 $432,018 $442,627 $497,378 $-10,609
2018 $494,291 $497,931 $507,987 $-3,640
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