American Aging Association Inc
- Assets
- $739.6k
- Revenue
- $298.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Bandera, TX
- Founding
- 11/1974
- Data as of
- 12/2021
- EIN
- 23-7364654
Organization Overview
American Aging Association Inc is located in Bandera, TX. The organization was established in 1974. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Aging Association Inc 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 Aging Association Inc generated $298.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $183.7k during the year ending 12/2021. While expenses have increased by 5.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
SEE SCHEDULE 0 FOR THE OBJECTIVE AND PURPOSE OF THE ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION PROVIDES AN ANNUAL CONFERENCE TO SHARE AGING RESEARCH AND TO RECOGNIZE AND AWARD YOUNG INVESTIGATORS WITH DISCIPLINES IN AGING RESEARCH. FOR 2021, THE CONFERENCE WAS HELD IN MADISON, WISCONSIN JULY 20TH- 23RD AS A HYBRID MEETING FEATURING BOTH IN-PERSON AND VIRTUAL EVENTS. THE AMERICAN AGING ASSOCIATION TRAINEE CHAPTER OFFERS NUMEROUS BENEFITS TO LEARNERS AT ALL LEVELS. THESE INCLUDE THE OPPORTUNITY TO WIN PRESENTATION AND TRAVEL AWARDS, CAREER DEVELOPMENT, AND NETWORKING WITH OTHER TRAINEES AND SOME OF THE WORLDS TOP GEROSCIENTISTS AND BIOGERONTOLOGISTS. AMERICAN AGING ASSOCIATION PRESENTS SERIES OF VIDEO DISCUSSIONS, PRESENTATIONS AND SEMINARS DEDICATED TO AGING RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dudley Lamming Secretary | Officer | 0 | $0 |
Veronica Galvan President-Elect | Officer | 0 | $0 |
Matt Kaeberlein Chairman | Officer | 0 | $0 |
Douglas Rosene Treasurer | Officer | 0 | $0 |
Rozalyn Anderson President | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $37,733 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $63,778 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,511 |
| Total Program Service Revenue | $188,841 |
| Investment income | $7,883 |
| 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 | $298,235 |
| 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 | $8,750 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $765 |
| Fees for services: Management | $42,777 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,092 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,468 |
| Advertising and promotion | $0 |
| Office expenses | $2,375 |
| Information technology | $208 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,138 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $62,962 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $629 |
| All other expenses | $0 |
| Total functional expenses | $183,666 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $248,336 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,000 |
| 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 | $41,899 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $447,352 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $739,587 |
| Accounts payable and accrued expenses | $1,000 |
| Grants payable | $0 |
| Deferred revenue | $9,257 |
| 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 | $10,257 |
| Net assets without donor restrictions | $345,222 |
| Net assets with donor restrictions | $384,108 |
| 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 | $739,587 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Aging Association Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Glenn Foundation For Medical Research Inc Phoenix, AZ PURPOSE: MEDICAL RESEARCH | $10,000 |
Endowment Analysis
| Beg. Balance | $336,076 |
| Earnings | $48,032 |
| Ending Balance | $384,108 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Independent Opportunities Inc Of Oklahoma Tulsa, OK | $20,718,127 | $36,214,630 |
Sid W Richardson Foundation Fort Worth, TX | $543,405,327 | $35,826,736 |
Genesys Works Group Return Houston, TX | $10,607,341 | $22,553,959 |
Families & Children Together Inc El Dorado, AR | $3,440,326 | $10,725,537 |
Vilcap Inc Houston, TX | $5,374,554 | $9,179,521 |
Kleinheinz Family Foundation For The Arts And Education Fort Worth, TX | $0 | $13,876,382 |
My Possibilities Plano, TX | $35,881,798 | $10,188,118 |
Hardesty Family Foundation Inc Tulsa, OK | $132,895,698 | $5,904,373 |
Brent House Corporation New Orleans, LA | $2,513,163 | $4,974,916 |
Alternative Building Concepts Group Garland, TX | $15,770,911 | $6,819,117 |
Sheltering Harbour Houston, TX | $3,221,749 | $5,825,428 |
Pwa Coalition Of Dallas Inc Dallas, TX | $14,827,763 | $6,751,009 |