AMERICAN ASSOCIATION FOR ADULT AND CONTINUING EDUCATION (EIN 521274179) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

STEVE FRYE

Phone

6782714319

Tax Period

2023-01-01 to 2023-12-31

AMERICAN ASSOCIATION FOR ADULT AND CONTINUING EDUCATION, founded in 1982, is a small nonprofit in the Education sector that reported $405K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Net assets of $1.7M represent 50 months of operating reserves.

Mission

THE MISSION OF THE AMERICAN ASSOCIATION FOR ADULT AND CONTINUING EDUCATION (AAACE) IS TO PROVIDE LEADERSHIP FOR THE FIELD OF ADULT AND CONTINUING EDUCATION BY EXPANDING OPPORTUNITIES FOR ADULT GROWTH AND DEVELOPMENT; UNIFYING ADULT EDUCATORS; FOSTERING THE DEVELOPMENT AND DISSEMINATION OF THEORY, RESEARCH, INFORMATION, AND BEST PRACTICES; PROMOTING IDENTITY AND STANDARDS FOR THE PROFESSION; AND ADVOCATING RELEVANT PUBLIC POLICY AND SOCIAL CHANGE INITIATIVES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $41,989

Program Service Revenue $302,866

Investment Income $60,312

Other Revenue $0

TOTAL REVENUE $405,167

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $340,383

Other Expenses $409,840

TOTAL EXPENSES $429,840

Year-over-Year Comparison

	2023	2022	Change
Revenue	$405,167	$368,402	+0.1%
Expenses	$429,840	$393,828	+0.1%
Net Income	$-24,673	$-25,426	0.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE FRYE	PRESIDENT	4.00	Officer Director	$0	$0	$0
TRICIA BERRY	PRESIDENT-ELECT	3.00	Officer Director	$0	$0	$0
E PAULETTE ISAAC-SAVAGE	IMMEDIATEPAST PRESIDENT	2.00	Officer Director	$0	$0	$0
MICHELLE GLOWACK-DUDKA	SECRETARY	2.00	Officer Director	$0	$0	$0
LILIAN HILL	TREASURER	2.00	Officer Director	$0	$0	$0
DAVIN CARR-CHELLMAN	CPAE DIRECTOR	1.00	Director	$0	$0	$0
SAM MAY-VARAS	CABEL DIRECTOR	1.00	Director	$0	$0	$0
KAYON MURRAY-JOHNSON	CDLT DIRECTOR	1.00	Director	$0	$0	$0
LAUREN VILEN	CGS DIRECTOR	1.00	Director	$0	$0	$0
RAMO J LORDENI	CLUW DIRECTOR	1.00	Director	$0	$0	$0
WENDY GRISWOLD	CIAE DIRECTOR	1.00	Director	$0	$0	$0
YVONNE HUNTER-JOHNSON	CWPD DIRECTOR	1.00	Director	$0	$0	$0
MATTYNA STEPHENS	CCMNFE DIRECTOR	1.00	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	$405,167	$429,840	$1,731,871	$-24,673
2022	$368,402	$393,828	$1,631,311	$-25,426
2021	$396,050	$330,657	$1,871,832	$65,393
2020	$358,818	$270,387	$1,701,320	$88,431
2019	$429,701	$380,322	$1,568,969	$49,379
2018	$399,973	$338,298	$1,431,393	$61,675

AMERICAN ASSOCIATION FOR ADULT AND CONTINUING EDUCATION