Civic Intelligence

Association for Accounting

EIN 36-3682169 • 501(c)6 • Lexington, KY

Profile

To elevate the career development of AAM members and the accounting and advisory profession through innovative education and community resources.

201 E Main St Ste 810Lexington, KY 40507

www.accountingmarketing.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

53rd percentile

0.17x

Higher debt load relative to assets than 53% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.25x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

66th percentile

9.7%

Higher net margin than 66% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

30th percentile

$0

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

72nd percentile

13%

Faster asset growth than 72% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

37th percentile

1.4%

Faster revenue growth than 37% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,648,051

Up $190,147 (+13%) from 2023

Liabilities

Down

$277,534

Down $7,994 (-2.8%) from 2023

Net Assets

Up

$1,370,517

Up $198,141 (+17%) from 2023

Revenue

Up

$1,128,628

Up $15,281 (+1.4%) from 2023

Expenses

Up

$1,018,709

Up $143,895 (+16%) from 2023

Net Income

Down

$109,919

Down $128,614 (-54%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $201,251Liabilities 2010: $96,645Net Assets 2010: $104,6062010Assets 2011: $191,985Liabilities 2011: $69,539Net Assets 2011: $122,4462011Assets 2012: $174,230Liabilities 2012: $29,884Net Assets 2012: $144,3462012Assets 2013: $213,418Liabilities 2013: $42,021Net Assets 2013: $171,3972013Assets 2014: $221,991Liabilities 2014: $35,126Net Assets 2014: $186,8652014Assets 2015: $423,391Liabilities 2015: $131,811Net Assets 2015: $291,5802015Assets 2016: $477,597Liabilities 2016: $153,898Net Assets 2016: $323,6992016Assets 2017: $504,972Liabilities 2017: $114,034Net Assets 2017: $390,9382017Assets 2018: $545,580Liabilities 2018: $156,342Net Assets 2018: $389,2382018Assets 2019: $595,200Liabilities 2019: $198,084Net Assets 2019: $397,1162019Assets 2020: $846,357Liabilities 2020: $243,477Net Assets 2020: $602,8802020Assets 2021: $1,013,713Liabilities 2021: $188,823Net Assets 2021: $824,8902021Assets 2022: $1,115,053Liabilities 2022: $239,511Net Assets 2022: $875,5422022Assets 2023: $1,457,904Liabilities 2023: $285,528Net Assets 2023: $1,172,3762023Assets 2024: $1,648,051Liabilities 2024: $277,534Net Assets 2024: $1,370,5172024

Highlighted filing

2024

Assets$1,648,051
Liabilities$277,534
Net Assets$1,370,517

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $604,6122010Expenses 2011: $677,8272011Expenses 2012: $472,7002012Revenue 2013: $469,784Expenses 2013: $442,733Net Income 2013: $27,0512013Revenue 2014: $746,602Expenses 2014: $731,134Net Income 2014: $15,4682014Revenue 2015: $606,479Expenses 2015: $501,764Net Income 2015: $104,7152015Revenue 2016: $807,858Expenses 2016: $775,739Net Income 2016: $32,1192016Revenue 2017: $710,043Expenses 2017: $642,804Net Income 2017: $67,2392017Revenue 2018: $828,891Expenses 2018: $815,844Net Income 2018: $13,0472018Revenue 2019: $517,688Expenses 2019: $535,307Net Income 2019: -$17,6192019Revenue 2020: $623,177Expenses 2020: $442,060Net Income 2020: $181,1172020Revenue 2021: $826,840Expenses 2021: $634,242Net Income 2021: $192,5982021Revenue 2022: $924,035Expenses 2022: $785,599Net Income 2022: $138,4362022Revenue 2023: $1,113,347Expenses 2023: $874,814Net Income 2023: $238,5332023Revenue 2024: $1,128,628Expenses 2024: $1,018,709Net Income 2024: $109,9192024

Highlighted filing

2024

Revenue$1,128,628
Expenses$1,018,709
Net Income$109,919

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.65$0.28$1.37$1.13$1.02$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.46$0.29$1.17$1.11$0.87$0.24
2022Detailed filing. Detailed filing data is available for this year.$1.12$0.24$0.88$0.92$0.79$0.14
2021Detailed filing. Detailed filing data is available for this year.$1.01$0.19$0.82$0.83$0.63$0.19
2020Detailed filing. Detailed filing data is available for this year.$0.85$0.24$0.60$0.62$0.44$0.18
2019Detailed filing. Detailed filing data is available for this year.$0.60$0.20$0.40$0.52$0.54$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.55$0.16$0.39$0.83$0.82$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.50$0.11$0.39$0.71$0.64$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.48$0.15$0.32$0.81$0.78$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.42$0.13$0.29$0.61$0.50$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.22$0.04$0.19$0.75$0.73$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.21$0.04$0.17$0.47$0.44$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.03$0.14$0.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.07$0.12$0.68
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.10$0.10$0.60
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$1,692,496
Mission and Program Overview

Mission

To promote excellence and elevate the professional stature of marketing, business development and other practice growth professionals at all career levels directly impacting members' professional development and careers.

The mission of AAM is to elevate the career development of AAM members and the accounting and advisory profession through innovative education and community resources.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$939,553$1,028,180▲ $88,627
Savings and Temporary Cash Investments$380,183$477,183▲ $97,000
Prepaid Expenses and Deferred Charges$117,043$135,696▲ $18,653
Intangible Assets$20,975$6,992▼ $13,983
Accounts Receivable$150$0▼ $150
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Inventories for Sale or Use-$0-
Total Assets$1,457,904$1,648,051▲ $190,147
Other Assets Total-$0-
Liabilities
Deferred Revenue$276,191$269,737▼ $6,454
Accounts Payable and Accrued Expenses$9,337$7,797▼ $1,540
Total Liabilities$285,528$277,534▼ $7,994
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,172,376$1,370,517▲ $198,141
Total Net Assets Fund Balance$1,172,376$1,370,517▲ $198,141
Total Liabilities and Net Assets / Fund Balance$1,457,904$1,648,051▲ $190,147
Compensation and Service Providers

Board Members and Trustees

NameTitle
Courtney KissPresident
Nicola FlemingPresident-Elect
Laura MetzVice President
Nicole SterlingImmed. Past Pres.
Allie DonahueMember at Large
Apoorv DwivediMember at Large
Beth MoreMember at Large
Brunella ReidMember at Large
Chris O'DayMember at Large
Gabe TevrizianMember at Large
JoLayna ArdntMember at Large
Korby BoswellMember at Large
Mary YanochaMember at Large
Rachael McGrewMember at Large
Ralph MacNamaraMember at Large
Travis BradshawMember at Large
Crystal MappSecretary
Lucas LaChanceTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
AMR Management ServicesManagement Services201 E Main St Ste 810, Lexington, KY 40507$313,980
JW Marriott Bonnet Creek2024 Conference Location1490 Chelonia Parkway, Orlando, FL 32821$247,659
Strategic Meetings GroupConference Mgt41 Midland Ave, Glen Ridge, NJ 07028$103,109
Revenue and Support

Revenue Composition

Contributions and Grants
$156,000
Program Service Revenue
$956,156
Investment Income
$405
Other Revenue
$16,067
All Other Contributions
$156,000
Change in Net Assets
$109,919

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,119,781
Revenue Not Reported on Financial Statements
$8,847
Revenue Not Reported on Form 990
$138,069
Total Revenue per Audited Statements
$1,257,850
Total Revenue per Form 990
$1,128,628
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,018,709
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$394,313
Fees for Services Management---$363,380
Fees for Services Other---$48,572
Travel---$39,026
Information Technology---$37,719
Other Expenses---$29,942
Depreciation Depletion---$13,983
Insurance---$6,721
Fees for Services Accounting---$3,801
Fees for Services Legal---$130
Total Functional Expenses$0$0$0$1,018,709

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,059,709
Expenses per Audited Statements$1,018,709
Total Expenses per Form 990$1,018,709
Expenses Not Reported on Form 990$41,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The association outsources management and operational functions to amr management services, a full service association management company accredited by the amc institute.

Form 990, Part VI, Section A, Line 6

Aam membership includes both organizational and individual members. There are three types of membership classes: (1) executive members includes (a) in-house marketing, business development and growth professionals whose responsibilities include marketing and selling services for public accounting and other pfoessional services related to the accounting industry and (b) partners, cpa's and other professionals responsible for marketing and/or growth within public accounting firms, management consulting and other professional services firms related to the accounting industry; (2) affiliate members includes a consultants to the accounting profession, (b) providers of goods and services to the accounting profession, and (c) members of industry associations related to the accounting industry; (3) academic / media includes a educators, (b) students, and (c) members of the media.

Form 990, Part VI, Section A, Line 7A

The Nominating Committee, chaired by the Immediate Past President, shall furnish to the Board of Directors the names of at least one (1) candidate for each of the elective positions on the Board of Directors for which members are to be elected. This slate of officers and positions shall be approved by the Board of Directors. A Member in good standing shall be entitled to cast one (1) vote in any Association election or referendum.

Form 990, Part VI, Section A, Line 7B

Members approve amendments to the bylaws.

Form 990, Part VI, Section B, Line 11B

An electronic copy of the form 990 is provided to each voting member of the governing body at least two weeks prior to the filing of the return. Upon tax preparers completion of the irs form 990, the form and accompanying schedules will first be reviewed by key members of the the association management company's client team. Thereafter an electronic copy of form 990 and accompanying schedules will be made available electronically to each voting member of the governing body with electronic e-mail notification and instructions for contacting association headquarters with comments or questions, if any. A two-week timeframe will be provided for governing body comments or questions. Following the open timeframe for governing body comments or questions, and following resolution of any questions or other matters that have arisen, the e-file authorization form is signed by the president or treasurer and the form 990 is electroncially filed.

Form 990, Part VI, Section B, Line 12C

Annually, each member of the governing board is required to complete a conflict of interest questionnaire which identifies any potential conflicts.

Form 990, Part VI, Section C, Line 19

All documents requiring public disclosure by the Internal Revenue Service are made available upon request for the same period of disclosure set forth in Section 6104D.

Filing and Contact Details

Filer

Filer Name
Association for Accounting
EIN
36-3682169
Phone
8594029769
Address
201 E Main St Ste 810, Lexington, KY 40507

Signing Officer

Name
Lucas LaChance
Title
Treasurer
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lucas LaChance
Formed
1995
Legal Domicile
Co
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
173

Preparer

Firm
R & R Cpas
Address
1025 Dove Run Rd Ste 203, Lexington, KY 40502
Preparer
Thomas Cory Reitz
Phone
8593533100
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

GAAP requires entities to evaluate, measure, recognize and disclose any uncertain income tax positions taken on their tax returns. GAAP prescribes a minimum threshold that a tax position is required to meet in order to be recognized in the financial statements. The Association believes that it had no uncertain tax positions as defined in GAAP.

Raw XML AppendixShowing 400 of 518 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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