American Academy of Sciences and Letters Inc

EIN: 923208317 501(c)(3) Education

Dover, DE

Total Revenue
$2,175,000
Total Expenses
$2,035,969
Total Assets
$324,413
Net Assets
$324,413
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
DE
Principal Officer
Gregory Forster
Phone
2624411809
Tax Period
2025-01-01 to 2025-12-31

American Academy of Sciences and Letters Inc, founded in 2023, is a community nonprofit in the Education sector that reported $2.2M in total revenue in fiscal year 2025. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $2.0M left a modest 6% surplus.

Mission

The American Academy of Sciences and Letters (AASL) promotes scholarship and honors outstanding achievement in the arts, sciences, and learned professions. It encourages the fruitful exchange of ideas within academia and society at large by sponsoring occasions for scholarly interaction and providing platforms for the presentation and dissemination of scholarship in the humanities, social sciences, natural sciences, mathematics, and engineering.In addition to awarding cash prizes to renowned scholars,the organization is dedicated to revitalizing intellectual life and restoring the intellectual rigor and diversity of American colleges, universities, and public intellectual discourse. AASL supports the fundamental and constitutive mission of colleges and universities as truth-seeking, knowledge advancing institutions in numerous ways. It produces white papers examining such topics as academic freedom and integrity, the crisis of the humanities, and the responsibilities of educators, and

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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 (2025)

Revenue Breakdown

Contributions & Grants $2,175,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,175,000

Expense Breakdown

Grants Paid $1,425,000
Salaries & Benefits $197,146
Fundraising Expenses $19,714
Program Expenses $1,931,977
Other Expenses $413,823
TOTAL EXPENSES $2,035,969

Year-over-Year Comparison

2025 2024 Change
Revenue $2,175,000 $1,479,461 +0.5%
Expenses $2,035,969 $1,755,840 +0.2%
Net Income $139,031 $-276,379 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
1
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
2
$185,253
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gregory Forster Exec. Director 40.00
Officer
$154,914 $30,339 $185,253
Donald Landry President 1.00
Officer Director
$0 $0 $0
William Allen Trustee 1.00
Director
$0 $0 $0
Brandice Canes-Wrone Trustee 1.00
Director
$0 $0 $0
Margaret Chisolm Trustee 1.00
Director
$0 $0 $0
Carlos Eire Trustee 1.00
Director
$0 $0 $0
Mary Ann Glendon Trustee 1.00
Director
$0 $0 $0
Barry Honig Trustee 1.00
Director
$0 $0 $0
Sergiu Klainerman Trustee 1.00
Director
$0 $0 $0
Sanjeev Kulkarni Trustee 1.00
Director
$0 $0 $0
Santiago Schnell Trustee 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
2025 $2,175,000 $2,035,969 $324,413 $139,031
2024 $1,479,461 $1,755,840 $185,382 $-276,379
2023 $1,500,111 $1,038,350 $461,761 $461,761
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