American Academy Of Cosmetic Dentistry Inc
- Assets
- $11.7m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 20
- Location
- Madison, WI
- Founding
- 02/1994
- Data as of
- 10/2021
- EIN
- 39-1544025
Organization Overview
American Academy Of Cosmetic Dentistry Inc is located in Madison, WI. The organization was established in 1994. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 10/2021, American Academy Of Cosmetic Dentistry Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Academy Of Cosmetic Dentistry Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 10/2021, American Academy Of Cosmetic Dentistry Inc generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.0%) each year. All expenses for the organization totaled $2.9m during the year ending 10/2021. As we would expect to see with falling revenues, expenses have declined by (10.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE ITS MEMBERS PROFESSIONALLY, INCLUDING WITHOUT LIMITATION BECAUSE OF ENUMERATION, CONDUCTING RESEARCH STUDY INTO ALL PHASES OF COSMETIC DENTISTRY, PROVIDING A FORUM FOR THE EXCHANGE OF IDEAS, PROMOTING AND FOSTERING CONTINUING COSMETIC DENTISTRY EDUCATION, AND PROMOTING HARMONY AND COOPERATION AMONG ITS MEMBERS AND OTHER MEMBERS OF THE PROFESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL MEETINGS - PROVIDES CONTINUING DENTAL EDUCATION BY OFFERING SUPERIOR DENTAL OPPORTUNITIES, SUCH AS THE ANNUAL SCIENTIFIC SESSION, VIRTUAL DENTAL EDUCATION COURSES, CONTINUUMS, AND OTHER MEETINGS THROUGHOUT THE YEAR.THIS YEAR THE FOCUS CONTINUES TO BE ON THE ACQUISITION AND RETENTION OF MEMBERS, WHILE CONTINUING TO PROVIDE VALUE FOR THE MEMBERSHIP DOLLAR. NEW PROGRAMS AND OFFERINGS WERE ADDED, INCLUDING THE DEVELOPMENT OF LEARNING PATHS WITHIN AACD CENTRAL WHICH IS THE NEW PLATFORM FOR CONTINUING EDUCATION.AACD PROFESSIONAL EDUCATION CONTINUES TO GROW UNDER THE FOCUS OF ADULT LEARNING THEORY. THE EDUCATIONAL PROGRAM, AACD UNPLUGGED, IN-HOUSE EDUCATION, IS MEANT TO PROVIDE INTIMATE, HANDS-ON, INTERACTIVE AACD BRANDED EDUCATION. FROM THE EXPANDED RELATIONSHIP WITH E-LEARNING PROVIDERS WITH OUR ONLINE LEARNING PROGRAMS THAT FOCUS NOT ONLY ON QUALITY COSMETIC DENTISTRY, BUT SOON THE ACCREDITATION PROGRAM AS WELL TO OUR ANNUAL SCIENTIFIC SESSION, WHERE WE BRING DENTAL PROFESSIONALS TOGETHER TO LEARN DURING, BEFORE AND AFTER THE FACE-TO-FACE EXPERIENCE.
PUBLICATIONS - PROVIDES EDUCATION TO AACD MEMBERS AND OTHER DENTAL PROFESSIONALS ON THE ART AND SCIENCE OF COSMETIC DENTISTRY AS WELL AS ENHANCING READERS KNOWLEDGE AND SKILLS IN THE LATEST COSMETIC TECHNIQUES AND PROCEDURES.
CREDENTIALS - PROVIDES ACCREDITATION SERVICES AS WELL AS ENCOURAGES FURTHER EDUCATION, INTERACTION WITH LIKE-MINDED COLLEAGUES, AND THE OPPORTUNITY FOR PROFESSIONAL GROWTH FOR DENTAL PROFESSIONALS.THE ACCREDITATION PROCESS BENEFITS DENTAL PROFESSIONALS AND THEIR PATIENTS AND IS HIGHLY ACCLAIMED WITHIN THE INDUSTRY. CLINICAL CASE EXAMINATIONS WERE GIVEN TWO TIMES THIS YEAR FOR EVALUATION OF CASES IN THE YEAR IT WAS SUBMITTED. ORAL EXAMINATIONS ARE GIVEN ONCE A YEAR TO THOSE INDIVIDUALS THAT HAVE PASSED ALL THEIR CLINICAL CASES AND IT IS THE FINAL PHASE OF THE ACCREDITATION PROCESS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Kachelski Executive Director | Officer | 40 | $272,651 |
Michael Difrisco Chief Management Officer | Officer | 40 | $129,780 |
Kathryn Hill Chief Financial Officer | Officer | 40 | $122,680 |
Salvatore Lotardo DDS Aaacd President (thru April) | OfficerTrustee | 3 | $25,000 |
David Chan DMD Aaacd President | OfficerTrustee | 3 | $15,000 |
Marilyn Calvo DDS Aaacd President Elect | OfficerTrustee | 3 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,076,812 |
| Investment income | $162,974 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $183,048 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,464,318 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $473,660 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $877,769 |
| Pension plan accruals and contributions | $54,061 |
| Other employee benefits | $105,988 |
| Payroll taxes | $111,439 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,240 |
| Fees for services: Accounting | $19,635 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,366 |
| Fees for services: Other | $1,488 |
| Advertising and promotion | $349,348 |
| Office expenses | $125,266 |
| Information technology | $115,781 |
| Royalties | $0 |
| Occupancy | $145,114 |
| Travel | $27,555 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $144,686 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $90,120 |
| Insurance | $28,776 |
| All other expenses | $9,277 |
| Total functional expenses | $2,902,950 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $618,376 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,052 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $147,144 |
| Net Land, buildings, and equipment | $309,566 |
| Investments—publicly traded securities | $8,431,369 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,140,229 |
| Total assets | $11,670,736 |
| Accounts payable and accrued expenses | $115,054 |
| Grants payable | $0 |
| Deferred revenue | $2,524,896 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $594,080 |
| Total liabilities | $3,234,030 |
| Net assets without donor restrictions | $8,436,706 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,670,736 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Academy Of Cosmetic Dentistry Inc has recieved totaling $14,400.
| Awarding Organization | Amount |
|---|---|
Patterson Dental Foundation St Paul, MN PURPOSE: SEE GENERAL FOOTNOTE | $14,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Illinois Primary Health Care Association Springfield, IL | $11,577,545 | $20,459,063 |
Accreditation Association For Ambulatory Health Care Inc Skokie, IL | $34,944,866 | $26,328,831 |
American Board Of Medical Specialties Chicago, IL | $33,424,313 | $22,297,576 |
Iowa Hospital Association Des Moines, IA | $17,798,272 | $8,917,472 |
American Academy Of Physical Medicine And Rehabilitation Rosemont, IL | $24,985,225 | $10,237,461 |
American Organization For Nursing Leadership Chicago, IL | $20,744,562 | $7,460,958 |
Michigan Nurses Association Okemos, MI | $27,717,414 | $8,418,016 |
Michigan Dental Association Okemos, MI | $14,871,690 | $7,368,661 |
Iowa Healthcare Collaborative Des Moines, IA | $12,881,277 | $5,601,701 |
Board Of Certification For Emergency Nursing Oak Brook, IL | $14,934,746 | $6,150,002 |
Michigan State Medical Society East Lansing, MI | $15,401,993 | $5,010,247 |
American Orthopaedic Foot & Ankle Society Rosemont, IL | $3,436,824 | $6,305,161 |