American Association For Adult And Continuing Education Aaace
- Assets
- $1.9m
- Revenue
- $396.1k
- Investments
- $1.6m
- Employees
- 0
- Location
- Marietta, GA
- Founding
- 06/1984
- Data as of
- 12/2021
- EIN
- 52-1274179
Organization Overview
American Association For Adult And Continuing Education Aaace is located in Marietta, GA. The organization was established in 1984. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Association For Adult And Continuing Education Aaace 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 12/2021, American Association For Adult And Continuing Education Aaace generated $396.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $330.7k during the year ending 12/2021. 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 MISSION OF THE AMERICAN ASSOCIATION FOR ADULT AND CONTINUING EDUCATION (AAACE) IS TO PROVIDE LEADERSHIP FOR THE FIELD OF ADULT AND CONTINUING EDUCATION BY EXPANDING OPPORTUNITIES FOR ADULT GROWTH AND DEVELOPMENT; UNIFYING ADULT EDUCATORS; FOSTERING THE DEVELOPMENT AND DISSEMINATION OF THEORY, RESEARCH, INFORMATION, AND BEST PRACTICES; PROMOTING IDENTITY AND STANDARDS FOR THE PROFESSION; AND ADVOCATING RELEVANT PUBLIC POLICY AND SOCIAL CHANGE INITIATIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONFERENCE: THE ASSOCIATION PROVIDES LEADERSHIP IN THE FIELD OF ADULT EDUCATION THROUGH ITS ANNUAL CONFERENCE. THE FOUR-DAY CONFERENCE IS USUALLY HELD IN THE FALL IN A CITY THAT IS READILY ACCESSIBLE TO BOTH THE ASSOCIATION'S MEMBERS AND OTHER PROFESSIONALS AND PRACTITIONERS. IN 2021 THE CONFERENCE WAS ATTENDED BY 245 PARTICIPANTS. IT CONSISTS OF KEYNOTE SESSIONS, CONCURRENT SESSIONS, POSTER SESSIONS, AND TWO-TO-THREE PRE-OR CO CONFERENCES. THE ASSOCIATION'S ANNUAL CONFERENCE WAS HELD ON OCTOBER 5-8, 2021, IN SANDESTIN, FLORIDA.
PUBLICATIONS: THE ASSOCIATION PROMOTED THE DEVELOPMENT AND DISSEMINATION OF RESEARCH AND BEST PRACTICES TO ACADEMICIANS, PROFESSIONALS, AND PRACTITIONERS THROUGH ITS ADULT AND CONTINUING EDUCATION PUBLICATIONS. TWO QUARTERLY PUBLICATIONS, ADULT EDUCATION QUARTERLY, A PREFERRED RESEARCH JOURNAL, AND ADULT LEARNING, A PRACTITIONER-ORIENTED JOURNAL, ARE HIGHLY REGARDED WITHIN THE FIELD. THE ASSOCIATION ALSO PUBLISHES THE JOURNAL OF TRANSFORMATIVE EDUCATION, WHICH IS A PEER-REVIEWED SCHOLARLY JOURNAL FOCUSED ON ADVANCING THE UNDERSTANDING, PRACTICE, AND EXPERIENCE OF TRANSFORMATIVE EDUCATION. ALL THREE JOURNALS ARE AVAILABLE DIGITALLY TO ALL MEMBERS AS A MEMBER BENEFIT FOR NO ADDITIONAL CHARGE. IN ADDITION, THE HANDBOOK OF ADULT AND CONTINUING EDUCATION IS PUBLISHED EVERY TEN YEARS AS A REFERENCE TEXT ON CURRENT RESEARCH AND BEST PRACTICES IN THE FIELD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vanessa Sheared President | OfficerTrustee | 12 | $0 |
Paulette Isaac -Savage President-Elect | OfficerTrustee | 6 | $0 |
Michelle Glowack-Dudka Secretary | OfficerTrustee | 3 | $0 |
Charlotte Chase Treasurer | OfficerTrustee | 3 | $0 |
Carmela Ochoa Cabel Commission Chair | Officer | 1 | $0 |
Wendy Griswold Ciae Commission Chair | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $45,709 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $120 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,829 |
| Total Program Service Revenue | $298,620 |
| Investment income | $45,399 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,202 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $396,050 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $128,844 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,476 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $950 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $133,618 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,613 |
| All other expenses | $3,335 |
| Total functional expenses | $330,657 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,232 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $78,127 |
| 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 | $14,476 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,636,997 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,871,832 |
| Accounts payable and accrued expenses | $22,291 |
| Grants payable | $0 |
| Deferred revenue | $21,108 |
| 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 | $0 |
| Total liabilities | $43,399 |
| Net assets without donor restrictions | $702,010 |
| Net assets with donor restrictions | $1,126,423 |
| 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 | $1,871,832 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Association For Adult And Continuing Education Aaace has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Medical Learning Institute Inc Tarpon Springs, FL | $9,314,882 | $36,728,738 |
Athens Regional Physician Services Inc Athens, GA | $5,832,166 | $29,787,030 |
American Maritime Officers Safety & Education Plan Dania Beach, FL | $9,015,305 | $20,171,131 |
Isha Foundation Inc Mcminnville, TN | $77,293,567 | $29,444,562 |
John Marshall Online Inc Atlanta, GA | $11,713,924 | $9,257,448 |
Abraham J & Phyllis Katz Foundation Ua 060794 Newnan, GA | $48,678,737 | $4,412,136 |
Alabama Partnership For Children Montgomery, AL | $2,774,532 | $6,902,612 |
Continuing Education Company Palm Coast, FL | $2,142,823 | $4,620,080 |
Spanish American Basic Education And Rehabilitation Inc Saber Miami, FL | $1,202,159 | $3,782,505 |
Mid-South Carpenters Regional Council Training Trust Fund Chattanooga, TN | $11,869,784 | $4,623,435 |
I E C Social Educational & Humanitarian Aid Inc Orlando, FL | $3,778,105 | $3,335,745 |
Tampa Bay Innovation Hub Inc Tampa, FL | $14,630,343 | $4,568,115 |