AMERICAN COUNCIL ON GIFT ANNUITIES

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1927

Legal Domicile

Principal Officer

PHILIP M PURCELL

Phone

7708743355

Tax Period

2024-07-01 to 2025-06-30

AMERICAN COUNCIL ON GIFT ANNUITIES, founded in 1927, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $220K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $56K, a strong 25% operating margin.

Mission

THE ACGA'S MISSION IS TO FOSTER THE SUCCESS OF CHARITABLE GIFT ANNUITY PROGRAMS AT CHARITIES NATIONWIDE THROUGH THE PROMULGATION OF SUGGESTED MAXIMUM GIFT ANNUITY RATES, EDUCATION, RESEARCH, MONITORING STATE REGULATIONS, ADVOCACY, AND OTHER ACTIVITIES THAT PROMOTE GOOD GIFTS FOR NONPROFITS AND THEIR DONORS.

Program Service Accomplishments

Program 1

Expenses: $65,580 Revenue: $4,050

THE AMERICAN COUNCIL ON GIFT ANNUITIES (ACGA) EDUCATES CHARITABLE ORGANIZATIONS ON VARIOUS FORMS OF PLANNED GIVING SUCH AS GIFT ANNUITIES AND SPLIT-INTEREST AGREEMENTS, DEVELOPS AND PUBLISHES...

THE AMERICAN COUNCIL ON GIFT ANNUITIES (ACGA) EDUCATES CHARITABLE ORGANIZATIONS ON VARIOUS FORMS OF PLANNED GIVING SUCH AS GIFT ANNUITIES AND SPLIT-INTEREST AGREEMENTS, DEVELOPS AND PUBLISHES SUGGESTED CHARITABLE GIFT ANNUITY RATES AND METHODOLOGIES FOR USE BY CHARITIES AND THEIR DONORS.

Program 2

ACGA OFFERS AN EDUCATIONAL CONFERENCE EVERY TWO YEARS, FOR PLANNED GIVING, DEVELOPMENT, AND ADMINISTRATIVE STAFF OF CHARITABLE NON-PROFITS AND RELATED PROFESSIONALS.

Program 3

RATES TABLES ON THE WEBSITE ARE FREE TO THE PUBLIC.ELECTRONIC RATES BROCHURES, RATES REPORTS & SURVEYS ARE FREE TO THE SUPPORTING ORGANIZATIONS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $186,700

Program Service Revenue $4,050

Investment Income $28,862

Other Revenue $0

TOTAL REVENUE $219,612

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $65,580

Other Expenses $163,995

TOTAL EXPENSES $163,995

Year-over-Year Comparison

	2024	2023	Change
Revenue	$219,612	$407,304	-0.5%
Expenses	$163,995	$386,385	-0.6%
Net Income	$55,617	$20,919	+1.7%

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

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
PHILIP M PURCELL CFRE MPAJD	PRESIDENT	3.00	Officer Director	$0	$0	$0
JOSEPH O BULL JD	IMMEDIATE PAST PRESIDENT	2.50	Officer Director	$0	$0	$0
JULIAN MAJOR	PRESIDENT-ELECT	2.00	Officer Director	$0	$0	$0
RENEE V KURDZOS	VP ENGAGEMENT	1.50	Officer Director	$0	$0	$0
KEVIN P MCGOWAN	VP FINANCE & INVESTMENTS	3.00	Officer Director	$0	$0	$0
REBECCA LOCKE	VP GOVERNANCE & SECRETART	2.00	Officer Director	$0	$0	$0
CORLISS TAYLOR JD MBA	VP PROGRAMS	1.00	Officer Director	$0	$0	$0
DAVID G ELY CFA	VP RATES & REGULATIONS	2.00	Officer Director	$0	$0	$0
LAWRENCE P KATZENSTEIN JD	VP RESEARCH	2.00	Officer Director	$0	$0	$0
CATHERINE MELVIN CPA CITP	DIRECTOR	1.25	Director	$0	$0	$0
MICHAEL WELLING	DIRECTOR	1.00	Director	$0	$0	$0
CARL WAYNE JD CAP	DIRECTOR	1.00	Director	$0	$0	$0
ALEX P BROVEY JD LLM	DIRECTOR	2.00	Director	$0	$0	$0
ANDREW FUSSNER	DIRECTOR	2.00	Director	$0	$0	$0
JULIE HALLOWELL	DIRECTOR	2.00	Director	$0	$0	$0
ANGELA G PARSONS JD CAP	DIRECTOR	3.00	Director	$0	$0	$0
KINNA CLARK ESQ	DIRECTOR	1.50	Director	$0	$0	$0
EDWIN CABLE CPA CFP	DIRECTOR	0.50	Director	$0	$0	$0
JEREMY STELTER	DIRECTOR	0.30	Director	$0	$0	$0
PAMELA LEONARD	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER LONG	DIRECTOR	2.00	Director	$0	$0	$0
MELISSA SYLVESTER CFA CAIA AIF	DIRECTOR	2.00	Director	$0	$0	$0
BRYAN TAYLOR CFA	DIRECTOR	1.50	Director	$0	$0	$0
CATHY R SHEFFIELD	DIRECTOR	5.50	Director	$0	$0	$0
MATT CLAFLIN	DIRECTOR	1.00	Director	$0	$0	$0
AARON LEVINSON	DIRECTOR	1.50	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
2025	$219,612	$163,995	$956,595	$55,617
2024	$407,304	$386,385	$857,868	$20,919
2023	$185,239	$183,712	$793,610	$1,527
2022	$259,314	$269,390	$772,410	$-10,076
2021	$146,075	$171,841	$856,150	$-25,766
2020	$350,872	$246,247	$776,576	$104,625
2019	$154,491	$140,490	$748,346	$14,001