American Association of Neurological Surgeons Inc

Nonprofit profile at a glance

EIN
320089113
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Rolling Meadows, IL, USA
Phone
8473780500
Rating confidence
Limited
Sector
Professional Societies, Associations

Official website

Reported finances

Revenue
$5,569,237
Expenses
$2,155,084
Assets
$35,269,677
Liabilities
$29,075,526

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

25 people listed

Executive titles in this filing

  • Anthony L Asher (AANS President - Past)
  • E Antonio Chiocca (AANS Vice President)
  • E Sander Connolly (AANS President-Elect)
  • Jacques J Morcos (AANS President)
  • John Joseph Knightly (AANS Vice President)
  • Katherine O Orrico (CEO)

Highest reported compensation

  • Katherine O Orrico (CEO): $568,507 total reported compensation
  • Kathleen T Craig (Former CEO (until 12/31/23)): $499,606 total reported compensation
  • Carol Jones (CFO): $317,017 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The AANS promotes the highest quality of patient care and advances the specialty of neurological surgery.

What it reported doing in 2024

The Washington Committee Committee Charges: A jointly sponsored committee of the American Association of Neurological Surgeons and the Congress of Neurological Surgeons. Quality neurosurgical care is essential to the health and well-being of society. As the voice of neurosurgery before legislative, regulatory and other health care stakeholders, the AANS/CNS Washington Committee exists to advocate for our specialty and patients. The committee has five subcommittees: Joint Coding and Reimbursement Committee, Joint Communications and Public Relations Committee, Joint Drugs and Devices Committee, Joint Guidelines Review Committee, and Joint Neurosurgery Quality Council.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 68
  • Accountability: 77
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 87.5%; rating input score 88; 2nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 9 controls in place; rating input score 44
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 61.3%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 16.37; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0.82; rating input score 10; 10th percentile among comparable filings
  • Officer compensation ratio: 6.9%; rating input score 42; 42nd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 4.1% per year; rating input score 100; 35th percentile among comparable filings
  • Asset growth: 20% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 18 of 18 board members independent · 4 of 9 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $569K · 25 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.5M reported
  • Consistency: 10 of 11 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 4 of 8 not reported.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.
  • Moderate — Sustainability: Officer compensation ratio scored 42/100.