American Association of Neurosurgeons Inc
Nonprofit profile at a glance
- EIN
- 362958324
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Rolling Meadows, IL, USA
- Phone
- 8473780500
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $13,538,149
- Expenses
- $18,788,785
- Assets
- $42,850,932
- Liabilities
- $30,568,845
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
36 people listed
Executive titles in this filing
- Ann R Stroink (AANS Past President)
- Anthony L Asher (AANS President)
- E Antonio Chiocca (AANS President-Elect)
- E Sander Connolly (AANS President)
- Jacques J Morcos (AANS President-Elect)
- John Joseph Knightly (AANS Vice President)
Highest reported compensation
- Katherine O Orrico (Chief Executive Officer): $568,507 total reported compensation
- Kathleen T Craig (FORMER CEO (until 12/31/23)): $499,606 total reported compensation
- Carol Jones (Chief Financial Officer): $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
Professional Development: AANS produces professional development courses annually to further the education, technical skills and training of AANS members, non-members, trainees, office staff and APPs training of AANS members, non-members, trainees, office staff and APPs these courses may be live, online or offered as webinars. Some courses offer CME or Continuing Education credits, depending upon the audience. Most every course we offer is taught by physician faculty, APP faculty or professional consultant.
Operating model
- Revenue model
- Other-operating. 92% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 80
- Accountability: 82
- Sustainability: 23
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 79.2%; rating input score 79
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 10th 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: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 94.8%; rating input score 95; 24th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: -38.8%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 2.28; rating input score 66; 66th percentile among comparable filings
- Liabilities to assets ratio: 0.71; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 17.1%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: -1.7% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: -2.4% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: 3.2% per year; rating input score 100; 24th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 79.2% of spending went to programs
- Governance: 17 of 17 board members independent · 5 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $14.9M in reported program spending
- Leadership: top reported pay $569K · 36 people listed · 2 of 6 pay-setting controls reported
- Consistency: 35 of 36 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 13 filed money-flow records
- Related organizations: 5 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.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 6/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.