AMERICAN ACADEMY OF ACHIEVEMENT

EIN: 756042129 501(c)(3) Education

WASHINGTON, DC

Total Revenue
$2,036,639
Total Expenses
$2,249,239
Total Assets
$5,181,253
Net Assets
$2,382,274
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
TX
Principal Officer
WAYNE REYNOLDS
Phone
2028870000
Tax Period
2023-08-01 to 2024-07-31

AMERICAN ACADEMY OF ACHIEVEMENT, founded in 1961, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2023. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $2.2M exceeded revenue, resulting in a 10% operating deficit.

Mission

TO HONOR EXTRAORDINARY INNOVATORS AND VISIONARIES AND INSPIRE THE NEXT CONT'D ON SCH O GENERATION OF YOUNG LEADERS.

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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 $1,952,620
Program Service Revenue $0
Investment Income $4,073
Other Revenue $79,946
TOTAL REVENUE $2,036,639

Expense Breakdown

Grants Paid $0
Salaries & Benefits $90,452
Fundraising Expenses $181,775
Program Expenses $1,879,776
Other Expenses $2,158,787
TOTAL EXPENSES $2,249,239

Year-over-Year Comparison

2023 2022 Change
Revenue $2,036,639 $3,559,156 -0.4%
Expenses $2,249,239 $3,745,011 -0.4%
Net Income $-212,600 $-185,855 +0.1%
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
7
Independent Members
5
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
1
$998,488
Total Directors
7
$998,488
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WAYNE REYNOLDS PRESIDENT/CHAIRMAN 50.00
Officer Director
$870,358 $128,130 $998,488
CATHERINE REYNOLDS VICE-CHAIRMAN 1.00
Director
$0 $0 $0
ROBERT S LANGER DIRECTOR 1.00
Director
$0 $0 $0
GENERAL JOSEPH W RALSTON DIRECTOR 1.00
Director
$0 $0 $0
DR STEVEN ROSENBERG DIRECTOR 1.00
Director
$0 $0 $0
RICK ATKINSON DIRECTOR 1.00
Director
$0 $0 $0
BENJAMIN S CARSON 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 $2,036,639 $2,249,239 $5,181,253 $-212,600
2023 $3,559,156 $3,745,011 $4,879,449 $-185,855
2022 $1,722,356 $1,805,715 $4,842,829 $-83,359
2021 $1,453,092 $1,643,963 $5,125,173 $-190,871
2020 $5,736,571 $5,924,709 $4,798,592 $-188,138
2019 $3,072,319 $3,251,908 $6,517,374 $-179,589
2018 $6,048,919 $6,797,125 $5,143,539 $-748,206
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