American Accounting Association
- Assets
- $12.4m
- Revenue
- $7.5m
- Investments
- $0.0
- Employees
- 37
- Location
- Lakewood Ranch, FL
- Founding
- 08/1959
- Data as of
- 05/2021
- EIN
- 39-6030166
Organization Overview
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 05/2022, American Accounting Association employed 37 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 05/2021, American Accounting Association generated $7.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $6.0m during the year ending 05/2021. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 7 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
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:
Part 3 - Line 4a
ANNUAL MEETING FOR MEMBERS, CONFERENCES & CONSORTIA RELATING TO VARIOUS ACCOUNTING EDUCATION TOPICS
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
MISCELLANEOUS MEMBER AND SUBSCRIBER SUPPORT SERVICES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yvonne Hinson CEO | Officer | 40 | $295,009 |
Steve Matzke Sr Director | 40 | $160,000 | |
Michele Morgan CFO | Officer | 40 | $144,800 |
Erlinda Lynn Jones Sr Director | 40 | $138,703 | |
Mark Van Zorn Cio | Officer | 40 | $114,522 |
Sarah Mcvay Vice President - Research | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dale Karrenpetrous Llc Business Consultant | 5/30/15 | $163,380 |
Dee Strahan Enterprises Inc Meeting Planner | 5/30/15 | $329,970 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $922,614 |
| Investment income | $17,687 |
| 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 | $7,536,784 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $188,881 |
| Grants and other assistance to Foreign Orgs/Individuals | $4,957 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $771,994 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,874,686 |
| Pension plan accruals and contributions | $175,873 |
| Other employee benefits | $447,510 |
| Payroll taxes | $184,065 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $232,695 |
| Advertising and promotion | $0 |
| Office expenses | $41,496 |
| Information technology | $251,444 |
| Royalties | $0 |
| Occupancy | $31,087 |
| Travel | $5,894 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $405,432 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $143,235 |
| Insurance | $57,324 |
| All other expenses | $0 |
| Total functional expenses | $5,981,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,844,272 |
| Pledges and grants receivable | $1,298,569 |
| Accounts receivable, net | $513,985 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,673 |
| Prepaid expenses and deferred charges | $270,064 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,441,964 |
| Accounts payable and accrued expenses | $435,334 |
| Grants payable | $0 |
| Deferred revenue | $1,839,913 |
| 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 | $1,320,693 |
| Unsecured mortgages and notes payable | $528,520 |
| Other liabilities | $0 |
| Total liabilities | $4,124,460 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $8,317,504 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that American Accounting Association has recieved totaling $133,645.
| Awarding Organization | Amount |
|---|---|
Deloitte Foundation Stamford, CT PURPOSE: ACADEMIC AWARDS | $117,645 |
Association Of International Certified Professional Accountants Durham, NC PURPOSE: UNRESTRICTED SUPPORT OF THE ORGANIZATIONS MISSION | $10,000 |
Institute Of Management Accountants Inc Montvale, NJ PURPOSE: SPONSORSHIP/AWARDS | $6,000 |
Endowment Analysis
| Beg. Balance | $106,000 |
| Ending Balance | $106,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gwinnett Convention And Visitors Bureau Inc Duluth, GA | $29,610,598 | $21,705,089 |
Icamr Inc Neocity, FL | $16,807,579 | $18,482,877 |
Nassau-Paradise Island Promotion Board Ltd Plantation, FL | $7,848,897 | $14,831,769 |
Asian American Hotel Owners Association Atlanta, GA | $22,232,306 | $14,292,123 |
Osceola Convention And Visitors Bureau Inc Kissimmee, FL | $12,721,814 | $18,220,107 |
Panama City Beach Convention And Vistors Bureau Inc Panama City Beach, FL | $6,910,172 | $13,906,597 |
Florida Reliability Coordinating Council Tampa, FL | $10,138,227 | $13,874,923 |
Midtown Business Association Inc Atlanta, GA | $4,952,556 | $10,845,776 |
Corenet Global Inc Atlanta, GA | $22,405,208 | $10,074,155 |
Visit Pensacola Inc Pensacola, FL | $2,535,965 | $7,930,486 |
Allinial Global Lawrenceville, GA | $3,508,006 | $7,173,344 |
The Florida Restaurant & Lodging Association Inc Tallahassee, FL | $14,927,226 | $6,472,755 |