American Academy Of Pediatrics Inc
- Assets
- $189.7m
- Revenue
- $127.3m
- Investments
- $0.0
- Employees
- 557
- Location
- Itasca, IL
- Founding
- 11/1937
- Data as of
- 06/2021
- EIN
- 36-2275597
Organization Overview
American Academy Of Pediatrics Inc is located in Itasca, IL. The organization was established in 1937. According to its NTEE Classification (G98) the organization is classified as: Pediatrics, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2023, American Academy Of Pediatrics Inc employed 557 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Academy Of Pediatrics 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 06/2021, American Academy Of Pediatrics Inc generated $127.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $115.2m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Academy Of Pediatrics Inc has awarded 839 individual grants totaling $20,511,871. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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 ACADEMY OF PEDIATRICS IS TO OBTAIN OPTIMAL PHYSICAL, MENTAL AND SOCIAL, HEALTH FOR ALL INFANTS, CHILDREN, ADOLESCENTS, AND YOUNG ADULTS. THE ACADEMY SEEKS TO PROMOTE THIS GOAL BY ENCOURAGING AND ASSISTING ITS MEMBERS IN THEIR EFFORTS TO MEET THE OVERALL HEALTH NEEDS OF INFANTS, CHILDREN, ADOLESCENTS AND YOUNG ADULTS, BY PROVIDING SUPPORT AND COUNSEL TO PARENTS AND OTHER MEMBERS OF THE PUBLIC CONCERNED WITH THE HEALTH, SAFETY AND WELL-BEING OF INFANTS, CHILDREN, ADOLESCENTS AND YOUNG ADULTS, THEIR GROWTH AND DEVELOPMENT, AND BY SERVING AS AN ADVOCATE FOR INFANTS, CHILDREN, ADOLESCENTS AND YOUNG ADULTS AND THEIR FAMILIES WITHIN THE COMMUNITY AT LARGE. THE ACADEMY PLEDGES ITS EFFORTS AND EXPERTISE TO A FUNDAMENTAL GOAL - THAT ALL CHILDREN AND YOUTH HAVE THE OPPORTUNITY TO GROW UP SAFE AND STRONG, WITH FAITH IN THE FUTURE AND IN THEMSELVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTHY RESILIENT CHILDREN - THE DEPARTMENT PROVIDES STAFF SUPPORT AND TECHNICAL ASSISTANCE TO NATIONAL COMMITTEES, SECTIONS, COUNCILS, TASK FORCES, AND WORK GROUPS THAT DEVELOP POLICY STATEMENTS, CLINICAL AND TECHNICAL REPORTS, AND OTHER RESOURCE MATERIALS RELATED TO CHILD HEALTH AND WELLNESS. SEVERAL OF THE CURRENT AND PRIOR AAP STRATEGIC PRIORITIES FALL WITHIN THE DEPARTMENT OF CHILD HEALTH AND WELLNESS: EARLY BRAIN AND CHILD DEVELOPMENT, FOSTER CARE, MEDICAL HOME, EPIGENETICS, BRIGHT FUTURES, HEAD START, OBESITY, AND MENTAL HEALTH.
OTHER PROGRAM SERVICES INCLUDE:LIFE SUPPORT - THE AAP OFFERS A SPECIALIZED COURSE THAT FOCUSES ON THE RESUSCITATION OF NEWBORNS SO THAT PEDIATRICIANS AND OTHER ALLIED/EMERGENCY HEALTHCARE PROFESSIONALS CAN MORE EFFECTIVELY SERVE NEWBORNS.PUBLIC EDUCATION - THE AAP DISSEMINATES INFORMATION TO SCHOOLS AND THE GENERAL PUBLIC REGARDING ADVANCES IN PREVENTATIVE HEALTHCARE, IN SUCH AREAS AS CONTROL OF DISEASE, DISABILITY, ENVIRONMENTAL HAZARDS, ACCIDENT PREVENTION, NUTRITION, MENTAL AND EMOTIONAL DISEASE AND CHILD ABUSE AND NEGLECT.COMMUNITY, CHAPTER & STATE AFFAIRS - THE DEPARTMENT WORKS TO FOSTER PEDIATRICIAN INVOLVEMENT IN EFFORTS IN THEIR COMMUNITIES TO ACHIEVE OPTIMAL HEALTH, SAFETY, AND WELL-BEING FOR ALL INFANTS, CHILDREN, ADOLESCENTS, AND YOUNG ADULTS, DEVELOP AND SUSTAIN STRONG CHAPTERS AND DISTRICTS, AND INFLUENCE STATE LEVEL POLICY RELATED TO HEALTH CARE FOR INFANTS, CHILDREN, ADOLESCENTS AND YOUNG ADULTS.MEMBERSHIP - THE AAP'S MEMBERS CONSIST OF 66,000 PRIMARY CARE PEDIATRICIANS, PEDIATRIC MEDICAL SUB-SPECIALISTS AND PEDIATRIC SURGICAL SPECIALISTS DEDICATED TO THE OPTIMAL HEALTH, SAFETY, AND WELL-BEING OF INFANTS, CHILDREN, ADOLESCENTS, AND YOUNG ADULTS.CME - THE AAP OFFERS CONTINUING MEDICAL EDUCATION FOR PEDIATRIC HEALTH CARE PROFESSIONALS TO ENABLE THEM TO DEVELOP, MAINTAIN, AND INCREASE THEIR KNOWLEDGE AND SKILLS IN PEDIATRIC MEDICINE IN ORDER TO PROVIDE THE HIGHEST QUALITY HEALTH CARE TO INFANTS, CHILDREN, ADOLESCENTS, AND YOUNG ADULTS.EDUCATION ADMINISTRATION - SUPPORT AREA FOR THE EDUCATIONAL ACTIVITIES OF THE AAP.NATIONAL MEETINGS - THE AAP HOSTS EDUCATIONAL CONFERENCES THAT OFFER THE FOREMOST UPDATES ON PEDIATRIC TREATMENT AND RESEARCH.RESEARCH - THE AAP DEVELOPS CONDITION-SPECIFIC HEALTH-RELATED QUALITY OF LIFE MEASURES FOR INFANTS, CHILDREN, ADOLESCENTS AND YOUNG ADULTS, AND THEIR FAMILIES. THE AAP ALSO HAS ESTABLISHED A PRACTICE-BASED RESEARCH NETWORK TO IMPROVE THE HEALTH OF INFANTS, CHILDREN, ADOLESCENTS AND YOUNG ADULTS BY CONDUCTING COLLABORATIVE RESEARCH WITH OVER 1700 PRACTITIONER MEMBERS.CHIEF MEDICAL OFFICER - THE DEPARTMENT PROVIDES SUPPORT TO THE AAP COMMITTEES THAT FOCUS ON DISASTER PREPAREDNESS, INNOVATION, AND OTHER MEDICAL AREAS.SUBSPECIALTY PEDIATRICS - IN ORDER TO ENABLE THE IMPROVEMENT OF HEALTH CARE TO INFANTS, CHILDREN, ADOLESCENTS, AND YOUNG ADULTS, THE DEPARTMENT PROVIDES: (1) RESOURCE MATERIALS, STAFF SUPPORT, AND TECHNICAL ASSISTANCE TO NATIONAL COMMITTEES AND SECTIONS RELATED TO PEDIATRIC SUBSPECIALTIES AND SURGICAL SPECIALTIES, (2) OVERSIGHT TO TASK FORCES AND WORK GROUPS THAT DEVELOP POLICY STATEMENTS, CLINICAL AND TECHNICAL REPORTS, AND OTHER RESOURCE MATERIALS RELATED TO THE HEALTH CARE PROVIDED BY PEDIATRIC SUBSPECIALTIES AND SURGICAL SPECIALTIES, AND (3) SUPPORT TO THE AAP COMMITTEES, COUNCILS, AND SECTIONS THAT FOCUS ON PRACTICE, SOCIOECONOMIC, QUALITY IMPROVEMENT, MEDICO-LEGAL, AND HEALTH TECHNOLOGY ISSUES.
MARKETING & PUBLICATIONS - THE AAP DEVELOPS, MARKETS, DESIGNS AND PUBLISHES OVER 500 BOOKS, MANUALS, BROCHURES, AND OTHER MEDICAL PUBLICATIONS FOR USE BY PARENTS, HEALTHCARE PROFESSIONALS AND OTHER INTERESTED PARTIES ON THE TOPICS OF CHILD AND ADOLESCENT HEALTH.
MEDICAL JOURNALS - THE AAP PUBLISHES THE PREMIER SCIENTIFIC MEDICAL JOURNAL IN PEDIATRIC MEDICINE, AS WELL AS SEVERAL OTHER PERIODICALS DESIGNED TO ENABLE PEDIATRICIANS AND ALLIED HEALTH PROFESSIONALS TO PROVIDE THE HIGHEST QUALITY HEALTHCARE TO INFANTS, CHILDREN, ADOLESCENTS, AND YOUNG ADULTS.PEDIATRICS CIRCULATION 67,193AAP NEWS CIRCULATION 65,993PREP CIRCULATION 45,242GRAND ROUNDS CIRCULATION 14,998NEOREVIEWS CIRCULATION 3,210HOSPITAL PEDIATRICS CIRCULATION 3,032
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandy Chung MD Faap President | OfficerTrustee | 40 | $153,732 |
Benjamin Hoffman MD Faap President-Elect | OfficerTrustee | 25 | $0 |
Moira Szilagyi MD PHD Faap Immediate Past President | OfficerTrustee | 25 | $187,118 |
Lee Savio Beers MD Faap Immediate Past President | OfficerTrustee | 25 | $116,184 |
Patricia Flanagan MD Faap Board Member | Trustee | 12 | $0 |
Warren M Seigel MD MBA Faap Board Member | Trustee | 12 | $55,392 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Adage Technologies Inc Consulting | 6/29/23 | $1,988,189 |
Dartmouth (Sheridan) Journal Services Printing | 6/29/23 | $1,725,600 |
Singlehop Llc Consulting | 6/29/23 | $798,664 |
Cardinal Colorprint Inc Printing | 6/29/23 | $574,170 |
Silverchair Science Communications Inc Consulting & Printing | 6/29/23 | $531,810 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,904,931 |
| Investment income | $1,824,752 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,986,174 |
| Net Rental Income | $111,647 |
| Net Gain/Loss on Asset Sales | $2,080,276 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $127,344,841 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $261,800 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $7,779,815 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,840,565 |
| Pension plan accruals and contributions | $4,042,883 |
| Other employee benefits | $7,058,478 |
| Payroll taxes | $3,606,803 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $361,081 |
| Fees for services: Accounting | $84,140 |
| Fees for services: Lobbying | $604,646 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,944,962 |
| Advertising and promotion | $2,954,807 |
| Office expenses | $8,272,302 |
| Information technology | $1,948,803 |
| Royalties | $424,071 |
| Occupancy | $2,438,937 |
| Travel | $235,222 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,969,942 |
| Interest | $423,101 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,342,801 |
| Insurance | $355,838 |
| All other expenses | $0 |
| Total functional expenses | $115,249,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,041,837 |
| Savings and temporary cash investments | $5,168,222 |
| Pledges and grants receivable | $6,601,737 |
| Accounts receivable, net | $6,630,900 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $81,695 |
| Inventories for sale or use | $1,459,582 |
| Prepaid expenses and deferred charges | $2,204,562 |
| Investments—publicly traded securities | $103,590,446 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $189,674,726 |
| Accounts payable and accrued expenses | $19,081,738 |
| Grants payable | $0 |
| Deferred revenue | $32,179,879 |
| Tax-exempt bond liabilities | $30,800,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $11,000,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,564,895 |
| Total liabilities | $100,626,512 |
| 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 | $89,048,214 |
Grants Awarded
Over the last fiscal year, American Academy Of Pediatrics Inc has awarded $3,988,805 in support to 152 organizations.
| Grant Recipient | Amount |
|---|---|
ARIZONA CHAPTER - AAP PURPOSE: SOID GRANT -INFECTIOUS DISEASE EDUCATION ;PROJECT FIRSTLINE - INFECTION CONTROL ;SBIRT CHAPTER HUB ECHO;ADDRESS FOOD INSECURITY PROJECT; KEEPING KIDS CONNECTED; PMHCA CHAPTER GRANT; FOC MENTAL HEALTH INITIATIVES; SODBP CHAPTER GRANTS AWARD; IIRA3 GRANT; COVID-19, HPV/FLU, AND IMMUNIZATIONS GRANT; CDC-FUNDED DISASTER PREPAREDNESS; CDC-FUNDED SET-NET/AAP COMM CAMPAIGN | $224,100 |
FLORIDA CHAPTER - AAP PURPOSE: SOID INFECTIOUS DISEASE EDUCATION;VACCINATE WITH CONFIDENCE;PROJECT FIRSTLINE - INFECTION CONTROL;HEALTHY PEOPLE 2030 GRANT; SODBP CHAPTER GRANTS; FOOD INSECURITY; COVID-19 IMMUNIZATION PARTNERSHIP; ABBOTT CHAPTER GRANTS; PMHCA GRANT; CDC-FUNDED DISASTER PREPAREDNESS | $173,599 |
ARKANSAS CHAPTER - AAP PURPOSE: PROJECT FIRSTLINE - INFECTION CONTROL ;HEALTHY PEOPLE 2030 GRANT;ADDRESS FOOD INSECURITY PROJECT; KEEPING KIDS CONNECTED DURING COVID19; HPV/FLU IMMUNIZATION PROJECTS; AAP TRANSFORMING PEDIATRICS; FOCF MENTAL HEALTH INITIATIVES; PMHCA CHAPTER GRANT | $111,949 |
MAINE CHAPTER - AAP PURPOSE: HEALTHY PEOPLE 2030 GRANT; PROJECT FIRSTLINE - INFECTION CONTROL; ABBOTT CHAPTER GRANT; PMHCA PROGRAM UTILIZATION CHAPTER GRANT; SUID PROGRAM CDR; CDC-FUNDED DISASTER PREPAREDNESS; ECHO OPIOID ADDICTION GRANT | $104,713 |
MINNESOTA CHAPTER - AAP PURPOSE: HPV & PEDIATRIC INFLUENZA PROJECT;PROJECT FIRSTLINE - INFECTION CONTROL;ADDRESS FOOD INSECURITY;HEALTHY PEOPLE 2030 GRANT; MERCK GRANT | $100,600 |
MARYLAND CHAPTER - AAP PURPOSE: PROJECT FIRSTLINE - INFECTION CONTROL;ADDRESS FOOD INSECURITY; LEAD TESTING ECHO; IIRA 3 GRANT; AAP SUICIDE PREVENTION ECHO; SUID PROGRAM CDR; CDC-FUNDED DISASTER PREPAREDNESS; CDC-FUNDED SET-NET/AAP COMM CAMPAIGN; IIRA3 GRANT | $86,500 |