AMERICAN COLLEGE OF TAX COUNSEL

EIN: 630795615

ROCHESTER, NY

Total Revenue
$162,677
Total Expenses
$151,192
Total Assets
$729,310
Net Assets
$632,688
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
TN
Principal Officer
AMEEK ASHOK PONDA
Phone
8885494177
Tax Period
2023-01-01 to 2023-12-31

AMERICAN COLLEGE OF TAX COUNSEL, founded in 1980, is a small nonprofit that reported $163K in total revenue in fiscal year 2023. Expenses of $151K left a modest 7% surplus.

Mission

THE AMERICAN COLLEGE OF TAX COUNSEL ("THE COLLEGE") IS A NOT-FOR-PROFIT ORGANIZATION WHOSE PURPOSE IS TO FOSTER AND RECOGNIZE EXCELLENCE AND TO ELEVATE THE STANDARDS IN THE PRACTICE OF THE PROFESSION OF TAX LAW, TO STIMULATE DEVELOPMENT OF SKILLS AND KNOWLEDGE THROUGH PARTICIPATION IN CONTINUING LEGAL EDUCATION PROGRAMS AND SEMINARS, TO PROVIDE ADDITIONAL MECHANISMS FOR INPUT BY TAX PROFESSIONALS INTO DEVELOPMENT OF TAX LAWS, AND TO FACILITATE SCHOLARLY DISCUSSIONS AND EXAMINATIONS OF TAX POLICY ISSUES.

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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 $0
Program Service Revenue $153,125
Investment Income $9,378
Other Revenue $174
TOTAL REVENUE $162,677

Expense Breakdown

Grants Paid $48,113
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $105,095
Other Expenses $103,079
TOTAL EXPENSES $151,192

Year-over-Year Comparison

2023 2022 Change
Revenue $162,677 $151,198 +0.1%
Expenses $151,192 $106,699 +0.4%
Net Income $11,485 $44,499 -0.7%
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
20
Independent Members
20
Employees
N/A
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
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ARMANDO GOMEZ IMMEDIATE PAST PRESIDENT 4.00
Director
$0 $0 $0
LARRY A CAMPAGNA PRESIDENT 4.00
Officer Director
$0 $0 $0
MICHAEL DESMOND SECRETARY-TREASURER 4.00
Officer Director
$0 $0 $0
AMEEK PONDA BOARD OF REGENTS 1.00
Director
$0 $0 $0
JOHN P BARRIE BOARD OF REGENTS 1.00
Director
$0 $0 $0
FRANK AGOSTINO BOARD OF REGENTS 1.00
Director
$0 $0 $0
ROBB A LONGMAN BOARD OF REGENTS 1.00
Director
$0 $0 $0
MARY A MCNULTY BOARD OF REGENTS 1.00
Director
$0 $0 $0
SUSAN E MORGENSTERN BOARD OF REGENTS 1.00
Director
$0 $0 $0
JENNY L JOHNSON WARE BOARD OF REGENTS 1.00
Director
$0 $0 $0
JANETTE M LOHMAN BOARD OF REGENTS 1.00
Director
$0 $0 $0
JULIE DIVOLA BOARD OF REGENTS 1.00
Director
$0 $0 $0
ADAM M COHEN BOARD OF REGENTS 1.00
Director
$0 $0 $0
STEPHEN R LOONEY BOARD OF REGENTS 1.00
Director
$0 $0 $0
LISA M ZARLENGA BOARD OF REGENTS 1.00
Director
$0 $0 $0
MELISSA L WILEY BOARD OF REGENTS 1.00
Director
$0 $0 $0
ALICE G ABREU BOARD OF REGENTS 1.00
Director
$0 $0 $0
BAHAR L SCHIPPEL VICE PRESIDENT 4.00
Officer Director
$0 $0 $0
JAYE CALHOUN BOARD OF REGENTS 1.00
Director
$0 $0 $0
PAMELA LYONS ADMINISTRATION MANAGER 5.00
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
2024 No data No data No data No data
2023 $162,677 $151,192 $729,310 $11,485
2022 $151,198 $106,699 $709,399 $44,499
2021 $144,955 $72,405 $641,471 $72,550
2020 $162,478 $95,148 $528,537 $67,330
2019 $149,794 $134,966 $528,846 $14,828
2018 $142,679 $117,994 $511,523 $24,685
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