Aacn Certification Corp
- Assets
- $38.8m
- Revenue
- $14.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Aliso Viejo, CA
- Founding
- 11/1975
- Data as of
- 06/2022
- EIN
- 51-0172756
Organization Overview
Aacn Certification Corp is located in Aliso Viejo, CA. The organization was established in 1975. 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. Aacn Certification Corp is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Aacn Certification Corp generated $14.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $9.0m during the year ending 06/2022. While expenses have increased by 2.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
AACN CERTIFICATION CORPORATION DRIVES PATIENT HEALTH AND SAFETY THROUGH COMPREHENSIVE CREDENTIALING OF ACUTE AND CRITICAL CARE NURSES, ADVANCING PRACTICE CONSISTENT WITH STANDARDS OF EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AACN CERTIFICATION CORPORATION ADMINISTERS FOURTEEN SEPARATE CREDENTIALING EXAMS: ADULT, PEDIATRIC AND NEONATAL CRITICAL-CARE EXAMS, ADULTS, PEDIATRIC AND NEONATAL CRITICAL-CARE KNOWLEDGE DESIGNATION EXAMS, A CCRN-E EXAM FOR TELEICU NURSES, PROGRESSIVE CARE, CARDIAC MEDICINE, CARDIAC SURGERY, ACUTE CARE NURSE PRACTITIONER EXAMS, AND THE CLINICAL NURSE SPECIALIST EXAMS (ACCNS-AG, ACCNS-P, ACCNS-N). FOR OUR FISCAL YEAR ENDED JUNE 30, 2022, WE HAD 25,629 NURSES REGISTER TO TAKE THESE EXAMS. DURING THE YEAR, 14,323 NURSES PASSED THESE RIGOROUS EXAMS TO BECOME CERTIFIED.
IN ADDITION TO OUR INITIAL EXAMS, NURSES ARE REQUIRED TO BE RECERTIFIED EVERY THREE YEARS FOR OUR CERTIFICATIONS (EXCEPT FOR THE ACNP-AG AND ACCNS CERTIFICATION (RENEWAL ONLY) WHICH LASTS FIVE YEARS). THE NURSE MAINTAINS CERTIFICATION BASED ON THE RECERTIFICATION PROCESS WHICH CONSISTS OF A COMBINATION OF WORKING WITH CRITICALLY ILL PATIENTS AND OBTAINING CONTINUING EDUCATION CREDITS (CE'S) THROUGHOUT THE TERM OF THEIR CERTIFICATION PERIOD. IN THE FISCAL YEAR ENDED JUNE 30, 2022, WE HAD 30,174 NURSES RECERTIFY ONE OR MORE OF THE CERTIFICATIONS ADMINISTERED BY AACN CERTIFICATION CORPORATION. OVERALL, THERE ARE APPROXIMATELY 133,736 NURSES THAT ARE CERTIFIED IN ONE OR MORE OF THE CATEGORIES OF CERTIFICATION OFFERED BY AACN CERTIFICATION CORPORATION.
AACN CERTIFICATION CORPORATION PROVIDES PRACTICE EXAM QUESTIONS THAT PROVIDE THE MOST REALISTIC CERTIFICATION EXAM PREPARATION AVAILABLE THAT FEATURES PRACTICE QUESTIONS THAT MIRROR THE STYLE OF ACTUAL EXAM QUESTIONS. THE PRACTICE EXAMS OFFER HUNDREDS OF TEST QUESTIONS, UNLIMITED PRACTICE EXAMS, A REALISTIC TESTING EXPERIENCE WITH A MOBILE FRIENDLY INTERFACE. TEST QUESTIONS ARE AVAILABLE FOR ALMOST ALL OF OUR EXAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dana Woods Chief Executive Officer | Officer | 15 | $0 |
Jeffrey Green Chief Financial Officer | Officer | 10 | $0 |
Lisa Falcon Chair | OfficerTrustee | 5 | $0 |
Elizabeth Scruth Chair-Elect | OfficerTrustee | 5 | $0 |
Jodi Berndt Secretary & Treasurer | OfficerTrustee | 2 | $0 |
Janet Mulroy Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Merrill Lynch Investment Advisor | 6/29/22 | $267,898 |
Psi Services Llc Provides Testing Services | 6/29/22 | $1,922,322 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,000 |
| Total Program Service Revenue | $11,248,273 |
| Investment income | $672,195 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $9,094 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,046,623 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,994,185 |
| 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 | $0 |
| Fees for services: Legal | $22,086 |
| Fees for services: Accounting | $2,956 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $274,477 |
| Fees for services: Other | $1,759,898 |
| Advertising and promotion | $707,473 |
| Office expenses | $88,866 |
| Information technology | $0 |
| Royalties | $114,934 |
| Occupancy | $0 |
| Travel | $83,488 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $88,176 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $115,938 |
| Total functional expenses | $9,025,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,114 |
| Savings and temporary cash investments | $8,327,721 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,332 |
| 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 | $4,152 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $30,299,867 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $38,761,186 |
| Accounts payable and accrued expenses | $693,324 |
| Grants payable | $0 |
| Deferred revenue | $2,561,699 |
| 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 | $3,255,023 |
| Net assets without donor restrictions | $35,506,163 |
| 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 | $38,761,186 |