American Conference Of Academic Deans
- Assets
- $325.8k
- Revenue
- $313.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Raleigh, NC
- Founding
- 12/1975
- Data as of
- 06/2022
- EIN
- 52-1002050
Organization Overview
American Conference Of Academic Deans is located in Raleigh, NC. The organization was established in 1975. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Conference Of Academic Deans 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 06/2022, American Conference Of Academic Deans generated $313.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $273.2k during the year ending 06/2022. While expenses have increased by 4.6% 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
THE MISSION OF ACAD IS TO PROVIDE ACADEMIC LEADERS WHO SHARE A COMMITMENT TO STUDENT LEARNING AND TO THE IDEALS OF LIBERAL EDUCATION WITH NETWORKING AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES AND TO SUPPORT THEM IN THEIR WORK AS EDUCATIONAL LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS AND OTHER PROGRAMMING: ACAD MEETINGS AND OTHER PROGRAMMING FOCUS ON PROVIDING ACADEMIC LEADERS WITH THE TOOLS THEY NEED TO IMPLEMENT STRATEGIC INITIATIVES ON THEIR CAMPUSES. ACAD PROVIDES CONTENT FOR GENERAL SESSIONS, WORKSHOPS AND A DEANS INSTITUTE. ATTENDANCE HAS INCREASED EACH YEAR AND OUR WORKSHOPS AND INSTITUTE FREQUENTLY SELL OUT.
MEMBERSHIP: THE ACAD MEMBERSHIP IS MADE UP OF OVER 800 INDIVIDUAL ACADEMIC LEADERS FROM MORE THAN 500 COLLEGES AND UNIVERSITIES IN THE UNITED STATES AND ABROAD. ACAD MEMBERS ARE CURRENT AND FORMER DEANS, PROVOSTS, ACADEMIC VICE PRESIDENTS, ASSOCIATE AND ASSISTANT DEANS, AND OTHER ACADEMIC LEADERS. ACAD MEMBERS ARE ALSO CHARACTERIZED BY THEIR COMMITMENT TO THE IDEALS OF A LIBERAL EDUCATION AND ACAD FOCUSES ITS EFFORTS ON SUPPORTING LEADERS IN THEIR WORK BY PROVIDING RESOURCES, NETWORKING, AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES AMONG OTHER MEMBER BENEFITS.
CAREER CENTER: THE CENTER IS FOCUSED ON OUR MISSION OF PROVIDING RESOURCES TO OUR MEMBERSHIP AND OTHERS IN THE FIELD. FOR OUR MEMBERS, IT ALLOWS USERS TO ENGAGE IN JOB SEARCHES, RESEARCH ON HIRING/SEARCH PROCESS, UPLOAD THEIR RESUME AND MUCH MORE. OUR CAREER CENTER IS A LAUNCHING PAD FOR FUTURE PROGRAMMING AS PART OF THE ACAD STRATEGIC PLAN INCLUDING PLANS FOR A MEMBERS-ONLY CAREER MENTOR SERVICE - A WAY TO CONNECT OUR MEMBERS WITH A MENTOR TO HELP THEM NAVIGATE THE SEARCH PROCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Best Executive Director/secretary | Officer | 35 | $89,137 |
Marci Sortor Chair | OfficerTrustee | 2 | $0 |
Michael Wanous Past-Chair | OfficerTrustee | 2 | $0 |
Kendrick Brown Vice-Chair | OfficerTrustee | 2 | $0 |
Peter Skoner Treasurer | OfficerTrustee | 2 | $0 |
Marsha Horton Board Member | OfficerTrustee | 2 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $310,992 |
| Investment income | $17 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,461 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $313,470 |
| 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. | $110,947 |
| Compensation of current officers, directors, key employees. | $22,189 |
| 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 | $0 |
| Fees for services: Accounting | $12,527 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,553 |
| Advertising and promotion | $0 |
| Office expenses | $7,665 |
| Information technology | $1,081 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $114,367 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,991 |
| Insurance | $2,347 |
| All other expenses | $0 |
| Total functional expenses | $273,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $199,405 |
| Savings and temporary cash investments | $123,244 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $331 |
| 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 | $2,000 |
| Net Land, buildings, and equipment | $269 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $563 |
| Total assets | $325,812 |
| Accounts payable and accrued expenses | $11,132 |
| Grants payable | $0 |
| Deferred revenue | $53,470 |
| 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 | $64,602 |
| Net assets without donor restrictions | $261,210 |
| 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 | $325,812 |
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