American Accounting Association is located in Lakewood Ranch, FL. The organization was established in 1959. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 05/2023, American Accounting Association employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Accounting Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2023, American Accounting Association generated $9.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $9.7m during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN ACCOUNTING ASSOCIATION PROMOTES WORLDWIDE EXCELLENCE IN ACCOUNTING EDUCATION, RESEARCH AND PRACTICE. THE ASSOCIATION HOSTS MEETINGS, CONFERENCES AND CONSORTIA RELATING TO VARIOUS ACCOUNTING EDUCATION TOPICS. THE ASSOCIATION ALSO PUBLISHES A COLLECTION OF PEER-REVIEWED WIDELY-RECOGNIZED WORLD CLASS JOURNALS.
Describe the Organization's Program Activity:
ANNUAL MEETING FOR MEMBERS, CONFERENCES & CONSORTIA RELATING TO VARIOUS ACCOUNTING EDUCATION TOPICS
MISCELLANEOUS MEMBER AND SUBSCRIBER SUPPORT SERVICES
COMMITTEE MEETINGS AND PROGRAMS TO RESEARCH VARIOUS ACCOUNTING-RELATED TOPICS, TO EDUCATE ACCOUNTING PROFESSORS AND TO RECOGNIZE OUTSTANDING EDUCATORS
THE ASSOCIATION PUBLISHES 17 JOURNALS, 16 NEWSLETTERS, AND OTHER PUBLICATIONS, INCLUDING A WEB SITE FOR DISSEMINATION OF INFORMATION TO MEMBERS/SUBSCRIBERS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann C Dzuranin Director - Focusing On Mem | Trustee | 5 | $0 |
Beth B Kern Vice President - Education | OfficerTrustee | 5 | $0 |
Giorgio Gotti Director - Focusing On Int | Trustee | 5 | $0 |
Mark C Dawkins President | OfficerTrustee | 5 | $0 |
Robert D Allen Past President | OfficerTrustee | 5 | $0 |
Sarah Mcvay Vice President - Research | OfficerTrustee | 5 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dee Strahan Enterprises Inc Meeting Planner | 5/30/15 | $329,970 |
Dale Karrenpetrous Llc Business Consultant | 5/30/15 | $163,380 |
| 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 | $879,075 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $879,075 |
| Total Program Service Revenue | $8,542,972 |
| Investment income | $177,418 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,599,465 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
| Grants and other assistance to domestic individuals. | $176,688 |
| Grants and other assistance to Foreign Orgs/Individuals | $23,235 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $848,711 |
| Compensation of current officers, directors, key employees. | $338,410 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,923,657 |
| Pension plan accruals and contributions | $166,961 |
| Other employee benefits | $474,037 |
| Payroll taxes | $182,886 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $137,785 |
| Advertising and promotion | $0 |
| Office expenses | $32,860 |
| Information technology | $315,866 |
| Royalties | $0 |
| Occupancy | $44,059 |
| Travel | $366,113 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,315,518 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $184,550 |
| Insurance | $66,708 |
| All other expenses | $166,099 |
| Total functional expenses | $9,668,988 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,233,634 |
| Pledges and grants receivable | $631,313 |
| Accounts receivable, net | $426,462 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,647 |
| Prepaid expenses and deferred charges | $386,821 |
| Net Land, buildings, and equipment | $2,551,895 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,232,772 |
| Accounts payable and accrued expenses | $262,162 |
| Grants payable | $0 |
| Deferred revenue | $2,256,005 |
| 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 | $1,186,427 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,704,594 |
| Net assets without donor restrictions | $8,234,439 |
| Net assets with donor restrictions | $1,293,739 |
| 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 | $13,232,772 |