ACCREDITATION COMMISSION FOR ACUPUNCTURE AND HERBAL MEDICINE

EIN: 521353469 501(c)(3) Education

EXCELSIOR, MN

Total Revenue
$1,035,927
Total Expenses
$961,375
Total Assets
$1,400,082
Net Assets
$1,280,799
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
DC
Principal Officer
MARK MCKENZIE
Phone
9522122434
Tax Period
2023-01-01 to 2023-12-31

ACCREDITATION COMMISSION FOR ACUPUNCTURE AND HERBAL MEDICINE, founded in 1982, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $961K left a modest 7% surplus.

Mission

TO SERVE AS THE NATIONALLY RECOGNIZED ACCREDITING AGENCY OF PROGRAMS IN ACUPUNCTURE AND EAST ASIAN MEDICINE (EAM) AND INSTITUTIONS EXCLUSIVELY PROVIDING EAM-RELATED PROGRAMS.

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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 $87,628
Program Service Revenue $927,465
Investment Income $20,834
Other Revenue $0
TOTAL REVENUE $1,035,927

Expense Breakdown

Grants Paid $0
Salaries & Benefits $648,404
Fundraising Expenses $0
Program Expenses $693,442
Other Expenses $312,971
TOTAL EXPENSES $961,375

Year-over-Year Comparison

2023 2022 Change
Revenue $1,035,927 $926,032 +0.1%
Expenses $961,375 $930,477 +0.0%
Net Income $74,552 $-4,445 -17.8%
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
11
Independent Members
11
Employees
4
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
4
$239,720
Total Directors
11
$19,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK MCKENZIE EXECUTIVE DI 40.00
Officer
$184,753 $43,767 $228,520
JOHN YOO TREASURER 2.00
Officer Director
$6,800 $0 $6,800
MARNAE ERGIL CHAIR 5.00
Officer Director
$2,800 $0 $2,800
ROBERT HOFFMAN COMMISSIONER 2.00
Director
$1,600 $0 $1,600
KETEMA S MASON COMMISSIONER 2.00
Director
$1,600 $0 $1,600
KATHERINE TAROMINA COMMISSIONER 2.00
Director
$1,600 $0 $1,600
ZHANXIANG WANG COMMISSIONER N/A
Officer Director
$1,600 $0 $1,600
STEVE SCHRAM COMMISSIONER 2.00
Director
$1,400 $0 $1,400
CLAUDIA CITKOVITZ COMMISSIONER 2.00
Director
$800 $0 $800
CYNTHIA NEIPRIS COMMISSIONER 2.00
Director
$800 $0 $800
SANDRA WISE COMMISSIONER 2.00
Director
$800 $0 $800
ANGELA TSENG COMMISSIONER 2.00
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 $1,035,927 $961,375 $1,400,082 $74,552
2022 $926,032 $930,477 $1,300,568 $-4,445
2021 $938,363 $884,833 $1,262,433 $53,530
2020 $871,814 $862,978 $1,199,222 $8,836
2019 $971,243 $1,015,498 $1,190,159 $-44,255
2018 $970,981 $1,036,633 $1,270,355 $-65,652
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