American Association of Physics Teachers Inc

EIN: 520749775 501(c)(3) Science & Technology

College Park, MD

Total Revenue
$7,166,861
Total Expenses
$6,452,179
Total Assets
$13,162,841
Net Assets
$10,400,461
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Principal Officer
Michael Brosnan
Phone
3012093311
Tax Period
2023-01-01 to 2023-12-31

American Association of Physics Teachers Inc is a community nonprofit in the Science & Technology sector that reported $7.2M in total revenue in fiscal year 2023. Revenue surged 123% from the prior year, signaling strong growth momentum. Expenses of $6.5M left a modest 10% surplus.

Mission

To improve the quality of physics instruction & enhance the appreciation of physics in our culture. To enhance the understanding and appreciation pf physics through teaching. AAPT is a professional membership association of scientists dedicated to enhancing the understanding.

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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 $2,488,192
Program Service Revenue $3,104,208
Investment Income $181,994
Other Revenue $1,392,467
TOTAL REVENUE $7,166,861

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,968,505
Fundraising Expenses $1,696
Program Expenses $4,204,098
Other Expenses $2,483,674
TOTAL EXPENSES $6,452,179

Year-over-Year Comparison

2023 2022 Change
Revenue $7,166,861 $3,211,908 +1.2%
Expenses $6,452,179 $6,503,289 0.0%
Net Income $714,682 $-3,291,381 -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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
33
Volunteers
17

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
3
$560,603
Total Directors
16
$414,649
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Beth Cunningham Executive Dir. 40.00
Officer Director
$259,658 $0 $259,658
Robert Hilborn Assc. Exec. Dir 40.00
Officer Director
$154,991 $0 $154,991
Michael Brosnan CFO 40.00
Officer
$145,954 $0 $145,954
Erwin Campbell CIO 40.00
$141,889 $0 $141,889
Michael Thenhaus Web Developer 40.00
$121,713 $0 $121,713
Lyle Barbato Web Developer 40.00
$115,239 $0 $115,239
Gary White Editor, The Physic 40.00
$108,077 $0 $108,077
Tiffany Hayes Dir of Programs 40.00
$106,708 $0 $106,708
Duane B Merrell President 5.00
Director
$0 $0 $0
Kellie Warble President-elect 5.00
Director
$0 $0 $0
Gabriel Spalding Vice President 5.00
Director
$0 $0 $0
D Blane Baker Secretary 5.00
Director
$0 $0 $0
Thomas O'Kuma Treasurer 5.00
Director
$0 $0 $0
Toni Sauncy Past President 5.00
Director
$0 $0 $0
Samuel Sampere Chairman 5.00
Director
$0 $0 $0
Richard Gelderman Vice Chair 5.00
Director
$0 $0 $0
Mario J Belloni Representative 5.00
Director
$0 $0 $0
Krista Wood Representative 5.00
Director
$0 $0 $0
Darsela Donelan Representative 5.00
Director
$0 $0 $0
Marianna A Ruggerio Representative 5.00
Director
$0 $0 $0
Gary Dane White TPT Editor 5.00
Director
$0 $0 $0
M Elizabeth Parks AJP Editor 5.00
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 No data No data No data No data
2023 $7,166,861 $6,452,179 $13,162,841 $714,682
2022 $3,211,908 $6,503,289 $11,014,832 $-3,291,381
2021 $5,992,829 $4,748,025 $13,026,433 $1,244,804
2020 $6,269,068 $4,456,494 $12,061,494 $1,812,574
2018 $6,021,546 $6,030,744 $10,106,296 $-9,198
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