American Association Of Colleges Of Nursing
- Assets
- $42.7m
- Revenue
- $18.4m
- Investments
- $0.0
- Employees
- 75
- Location
- Washington, DC
- Founding
- 09/1973
- Data as of
- 06/2021
- EIN
- 52-0971333
Organization Overview
American Association Of Colleges Of Nursing is located in Washington, DC. The organization was established in 1973. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2022, American Association Of Colleges Of Nursing employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Association Of Colleges Of Nursing 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 Association Of Colleges Of Nursing generated $18.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $11.8m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Association Of Colleges Of Nursing has awarded 331 individual grants totaling $6,953,689. 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
AS THE COLLECTIVE VOICE FOR ACADEMIC NURSING, AACN SERVES AS THE CATALYST FOR EXCELLENCE AND INNOVATION IN NURSING EDUCATION, RESEARCH, AND PRACTICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACCREDITATION:THE COMMISSION ON COLLEGIATE NURSING EDUCATION (CCNE), AN AUTONOMOUS ARM OF AACN, ACCREDITS BACCALAUREATE AND GRADUATE NURSING EDUCATION PROGRAMS, AS WELL AS NURSE RESIDENCY/FELLOWSHIP PROGRAMS.
ACADEMIC NURSING:THIS PROGRAM AREA CONSISTS OF MULTIPLE INITIATIVES AND ACTIVITIES RELATED TO NURSING EDUCATION, INCLUDING THE ESTABLISHMENT OF CURRICULAR STANDARDS, QUALITY INDICATORS FOR NURSING PROGRAMS, ACADEMIC-PRACTICE PARTNERSHIPS, AND INTERPROFESSIONAL ENGAGEMENT.
GRANTS AND CONTRACTS:THESE PROGRAMS ADVANCE NURSING EDUCATION, RESEARCH, AND PRACTICE AND INCLUDE PROJECTS FUNDED BY THE JONAS PHILANTHROPIES, THE AMERICAN NURSES FOUNDATION, CENTERS FOR DISEASE CONTROL AND PREVENTION, JOHNSON & JOHNSON, AND THE NATIONAL INSTITUTES OF HEALTH (ALL OF US RESEARCH).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Bakewell-Sachs Chair (until 3/2022) | OfficerTrustee | 8 | $0 |
Cynthia Mccurren Chair (from 3/2022) | OfficerTrustee | 8 | $0 |
Jean Leuner Secretary (until 3/2022) | OfficerTrustee | 2 | $0 |
Lin Zhan Treasurer | OfficerTrustee | 2 | $0 |
Julie Sanford Secretary (from 3/2022) | OfficerTrustee | 2 | $0 |
Judith Karshmer Member-At-Large (until 3/2022) | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Impaq International Llc Dnp Study | 6/29/22 | $234,816 |
Polsinelli Pc Lobbying Consultant | 6/29/22 | $191,500 |
Playback Now Inc Virtual Meeting Platform/recordings | 6/29/22 | $220,068 |
Optimal Networks It Consultant | 6/29/22 | $166,741 |
Rwk It Services Database Consult/hosting | 6/29/22 | $185,006 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,850,751 |
| Investment income | $1,013,788 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,424,455 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $407,535 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,382,965 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $148,666 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,066,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,840,450 |
| Pension plan accruals and contributions | $373,911 |
| Other employee benefits | $769,055 |
| Payroll taxes | $95,699 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $93,754 |
| Fees for services: Accounting | $30,660 |
| Fees for services: Lobbying | $226,214 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $113,973 |
| Fees for services: Other | $1,114,464 |
| Advertising and promotion | $0 |
| Office expenses | $443,954 |
| Information technology | $490,858 |
| Royalties | $0 |
| Occupancy | $673,770 |
| Travel | $326,855 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $41,633 |
| Interest | $2,873 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $207,447 |
| Insurance | $68,393 |
| All other expenses | $0 |
| Total functional expenses | $11,838,313 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,428,077 |
| Savings and temporary cash investments | $5,943,058 |
| Pledges and grants receivable | $335,302 |
| Accounts receivable, net | $876,749 |
| 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 | $694,802 |
| Investments—publicly traded securities | $26,911,540 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $62,340 |
| Total assets | $42,728,589 |
| Accounts payable and accrued expenses | $847,799 |
| Grants payable | $0 |
| Deferred revenue | $4,402,499 |
| 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 | $3,085,574 |
| Total liabilities | $8,335,872 |
| 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 | $34,392,717 |
Grants Awarded
Over the last fiscal year, American Association Of Colleges Of Nursing has awarded $797,666 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
AZUSA PACIFIC UNIVERSITY PURPOSE: NIH ALL OF US GRANT | $10,000 |
MORGAN STATE UNIVERSITY FOUNDATION PURPOSE: NIH ALL OF US GRANT | $10,000 |
NORTHERN ILLINOIS UNIVERSITY PURPOSE: NIH ALL OF US GRANT | $10,000 |
NORTH CAROLINA CENTRAL UNIVERSITY PURPOSE: NIH ALL OF US GRANT | $10,000 |
UNIVERSITY OF SOUTH FLORIDA PURPOSE: NIDA MENTORED TRAINING AWARD | $7,666 |
EMORY UNIVERSITY PURPOSE: CDC BUILDING COVID-19 VACCINE CONFIDENCE SUBAWARD | $70,000 |