American Academy Of Anti-Aging Medicine Inc
- Assets
- $11.8m
- Revenue
- $1.2m
- Investments
- $10.6m
- Employees
- 1
- Location
- Chicago, IL
- Founding
- 11/1997
- Data as of
- 12/2021
- EIN
- 36-4087310
Organization Overview
American Academy Of Anti-Aging Medicine Inc is located in Chicago, IL. The organization was established in 1997. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Academy Of Anti-Aging Medicine 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 Academy Of Anti-Aging Medicine Inc generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $552.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.1%) 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
EDUCATIONAL ORGANIZATION FOR HEALTH PROFESSIONALS AND THE PUBLIC REPORTING ON ADVANCES IN PREVENTATIVE MEDICINE, NUTRITION, AND HEALTH CARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACTIVITIES OF THE AMERICAN ACADEMY OF ANTI-AGING MEDICINE ARE TO EDUCATE MEMBERS AND THE GENERAL PUBLIC ON HOW TO RETARD THE AGING PROCESS AND LIVE A LONGER AND HEALTHIER LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald M Klatz DO President | Officer | 30 | $0 |
Robert M Goldman Chairman | Officer | 30 | $0 |
Rafael Santonja Director | Trustee | 1 | $0 |
Michael Klentz Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Keyword Health Outside Services | 12/30/15 | $25,754 |
Lindsay Steel Outside Service | 12/30/15 | $6,565 |
Brown Management Consulting Inc Outside Services | 12/30/15 | $26,975 |
Donna Sorbello Outside Services | 12/30/15 | $36,100 |
Patty Estremadoyro Outside Service | 12/30/15 | $820 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $734,813 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $75,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $809,813 |
| Total Program Service Revenue | $0 |
| Investment income | $180,177 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $243,690 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,233,680 |
| 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. | $47,500 |
| 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 | $4,366 |
| Fees for services: Management | $259,950 |
| Fees for services: Legal | $9,205 |
| Fees for services: Accounting | $43,357 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $32,877 |
| Fees for services: Other | $12,500 |
| Advertising and promotion | $49,263 |
| Office expenses | $5,602 |
| Information technology | $1,250 |
| Royalties | $0 |
| Occupancy | $8,322 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,084 |
| All other expenses | $1,343 |
| Total functional expenses | $552,086 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,193 |
| Savings and temporary cash investments | $1,127,376 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $10,608,342 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,803,911 |
| Accounts payable and accrued expenses | $2,118 |
| 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 | $0 |
| Total liabilities | $2,118 |
| Net assets without donor restrictions | $11,801,793 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,803,911 |
Grants Awarded
Over the last fiscal year, American Academy Of Anti-Aging Medicine Inc has awarded $0 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: SUPPORT THE CHARITABLE OPERATIONS OF THE ORGANIZATION | $0 |
MEDICAL CONFERENCES INTERNATIONAL PURPOSE: SUPPORT THE CHARITABLE OPERATIONS OF THE ORGANIZATION | $0 |
MEDICAL CONFERENCES INTERNATIONAL PURPOSE: SUPPORT THE CHARITABLE OPERATIONS OF THE ORGANIZATION | $0 |
Chicago, IL PURPOSE: SUPPORT THE CHARITABLE OPERATIONS OF THE ORGANIZATION | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Academy Of Anti-Aging Medicine Inc has recieved totaling $35,000.
| Awarding Organization | Amount |
|---|---|
American Longevity Research Institute Inc Chicago, IL PURPOSE: TOCONTRIBUTETO THE EDUCATION OF PROFESSIONALS AND GENERAL PUBLIC ON ADVANCES IN PREVENTATIVE MEDICINE, NUTRITION AND HEALTHCARE | $35,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Givenkind Gurnee, IL | $615,536 | $8,322,784 |
Lucy Burns Institute Inc Middleton, WI | $4,314,081 | $6,584,157 |
Journey To New Life Inc Kansas City, MO | $2,130,182 | $5,937,979 |
Field Ready Inc Evanston, IL | $891,610 | $3,039,732 |
Institute For Public Affairs Chicago, IL | $2,903,141 | $2,770,410 |
American Business Immigration Coalition Chicago, IL | $1,502,573 | $3,641,929 |
Khalil Foundation Lombard, IL | $587,760 | $2,305,215 |
Monroe County United Ministries Inc Bloomington, IN | $2,769,488 | $2,039,215 |
Circuit Clerks Trust For Life Inc Louisville, KY | $1,495,944 | $1,535,006 |
Linda Hall Library Foundation Kansas City, MO | $2,032,443 | $752,725 |
My Well Hoffman Estates, IL | $478,403 | $1,415,827 |
Unify America Evanston, IL | $46,320,236 | $44,875,273 |