American Association Of Nurse Anesthetists Foundation
- Assets
- $13.4m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Park Ridge, IL
- Founding
- 12/1981
- Data as of
- 08/2021
- EIN
- 36-3145692
Organization Overview
American Association Of Nurse Anesthetists Foundation, operating under the name Aana Foundation, is located in Park Ridge, IL. The organization was established in 1981. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aana Foundation 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 08/2021, Aana Foundation generated $2.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $1.3m during the year ending 08/2021. While expenses have increased by 2.5% per year over the past 6 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
ADVANCING THE SCIENCE OF ANESTHESIA THROUGH EDUCATION AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AANA FOUNDATION FUNDS INDIVIDUAL GRANTS, FELLOWSHIPS AND SCHOLARSHIPS FOR STUDENT NURSE ANESTHETISTS, CRNA GRADUATE STUDENTS AND POST DOCTORAL CRNAS. DURING THE REPORTING PERIOD, THE AANA FOUNDATION AWARDED 85 SCHOLARSHIPS TO STUDENTS. DURING THE YEAR ENDED, WE ALSO AWARDED 12 RESEARCH GRANTS.
THE AANA FOUNDATION FUNDS RESEARCH RELATED INITIATIVES INCLUDING HEALTH POLICY RESEARCH PROJECTS, CLOSED CLAIM STUDIES, POSTER PRESENTATIONS AT MEETINGS AND RESEARCH SKILL DEVELOPMENT WORKSHOPS. THE AANA FOUNDATION ALSO FUNDS RECOGNITION AWARDS FOR OUTSTANDING RESEARCH, PHILANTHROPY, ADVOCACY, AND HUMANITARIANISM AS WELL AS USES FUNDING TO SUPPORT WELLNESS LECTURES. DURING THE REPORTING PERIOD, THE FOUNDATION FUNDED 1 HEALTH POLICY RESEARCH PROJECTS, 98 POSTER PRESENTERS, 4 RECOGNITION AWARDS, AND 1 WELLNESS LECTURE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randall Moore Trustee | Trustee | 1 | $481,096 |
Lorraine Jordan CEO And Secretary | Officer | 20 | $277,815 |
Nathanael Carmichael Director | Officer | 40 | $104,153 |
Stephen Finder Chair-Elect | OfficerTrustee | 2 | $0 |
Vicki Callan Vice Chair, Research | OfficerTrustee | 2 | $0 |
Ronaldo Castaldo Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $77,051 |
| Related organizations | $450,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $988,732 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,515,783 |
| Total Program Service Revenue | $2,429 |
| Investment income | $106,616 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $839,578 |
| Net Income from Fundraising Events | $52,840 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,517,246 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $433,754 |
| 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 | $416,147 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $102,558 |
| Payroll taxes | $27,165 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,434 |
| Fees for services: Accounting | $20,502 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $155,217 |
| Advertising and promotion | $21,387 |
| Office expenses | $29,551 |
| Information technology | $23,583 |
| Royalties | $0 |
| Occupancy | $35,004 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $462 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,756 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,311,200 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $828,179 |
| Savings and temporary cash investments | $410,766 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $123,249 |
| 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 | $12,500 |
| Net Land, buildings, and equipment | $69,201 |
| Investments—publicly traded securities | $11,869,308 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $78,275 |
| Total assets | $13,391,478 |
| Accounts payable and accrued expenses | $143,670 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $101,234 |
| Total liabilities | $244,904 |
| Net assets without donor restrictions | $8,235,334 |
| Net assets with donor restrictions | $4,911,240 |
| 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 | $13,391,478 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that American Association Of Nurse Anesthetists Foundation has recieved totaling $127,358.
| Awarding Organization | Amount |
|---|---|
Pennsylvania Association Of Nurse Anesthetists Harrisburg, PA PURPOSE: PEER ASSISTANCE/WELLNESS GRANT | $50,000 |
National Board Of Certification And Recert Of Nurse Anesthetists Chicago, IL PURPOSE: Provide assistance for nurse anesthesia students to virtually attend AANA Annual Congress | $25,000 |
Pennsylvania Association Of Nurse Anesthetists Harrisburg, PA PURPOSE: SCHOLARSHIP FUND | $16,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $16,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $15,358 |
Bert Family Foundation Woodbury, MN PURPOSE: CHARITABLE | $5,000 |
Endowment Analysis
| Beg. Balance | $2,562,925 |
| Earnings | $482,192 |
| Net Contributions | $31,266 |
| Other Expense | $24,000 |
| Ending Balance | $3,052,383 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Illinois Primary Health Care Association Springfield, IL | $11,577,545 | $20,459,063 |
Accreditation Association For Ambulatory Health Care Inc Skokie, IL | $34,944,866 | $26,328,831 |
American Board Of Medical Specialties Chicago, IL | $33,424,313 | $22,297,576 |
Missouri Hospital Association Jefferson City, MO | $56,914,745 | $17,839,212 |
Indiana Hospital Association Inc Indianapolis, IN | $14,217,273 | $13,385,165 |
The Saturday Evening Post Society Inc Indianapolis, IN | $49,329,518 | $11,274,580 |
Iowa Hospital Association Des Moines, IA | $17,798,272 | $8,917,472 |
American Academy Of Physical Medicine And Rehabilitation Rosemont, IL | $24,985,225 | $10,237,461 |
American Organization For Nursing Leadership Chicago, IL | $20,744,562 | $7,460,958 |
Iowa Healthcare Collaborative Des Moines, IA | $12,881,277 | $5,601,701 |
Board Of Certification For Emergency Nursing Oak Brook, IL | $14,934,746 | $6,150,002 |
American Orthopaedic Foot & Ankle Society Rosemont, IL | $3,436,824 | $6,305,161 |