PLATINUM2023

American Association of Colleges of Nursing

The Voice of Academic Nursing

WASHINGTON, DC   |  www.aacnnursing.org
GuideStar Charity Check

American Association of Colleges of Nursing

EIN: 52-0971333


Mission

As the collective voice for academic nursing, AACN serves as the catalyst for excellence and innovation in nursing education, research, and practice.

Ruling year info

1973

President & CEO

Deborah E Trautman

Main address

655 K ST NW STE 750

WASHINGTON, DC 20001 USA

Show more contact info

EIN

52-0971333

Subject area info

Education

Nursing education

Population served info

Adults

Academics

NTEE code info

Professional Societies & Associations (B03)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

What we aim to solve

SOURCE: Self-reported by organization

The American Association of Colleges of Nursing (AACN) is the national voice for academic nursing. AACN works to establish quality standards for nursing education; assists schools in implementing those standards; influences the nursing profession to improve health care; and promotes public support for professional nursing education, research, and practice.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Data/Research/Communications

AACN's Institutional Data Systems and Research Center (IDS) provides essential data on trends impacting academic nursing and the healthcare workforce.

AACN's communications initiatives establish the association as an authoritative source for information on baccalaureate and graduate nursing education by generating increased visibility within and outside nursing. Publications include the Journal of Professional Nursing, Syllabus newsletter, and the weekly AACN News Watch, among others.

Population(s) Served

This program area consists of multiple initiatives and activities related to academic nursing, including the establishment of curricular standards, quality indicators for nursing programs, academic-practice partnerships, and interprofessional engagement.

Population(s) Served
Adults

These programs promote and spearhead advocacy for nursing education and research throughout the federal legislative and regulatory process.

Population(s) Served
Adults

National conferences focus on emerging issues of interest to a variety of constituent groups within schools of nursing.

AACN's portfolio of leadership development programs are designed for all individuals along the leadership continuum, from novice faculty to seasoned administrators.

Leadership Networks provide information, networking, and professional development for nursing school faculty and staff.

Population(s) Served

Student initiatives provide tools, education, and resources that address the professional development needs of graduate students from AACN member schools.

NursingCAS, a national centralized application service, allows prospective students to research and apply to multiple nursing programs using one electronic application.

Population(s) Served

AACN offers a portfolio of programs related to creating inclusive learning environments, including a special focus on Holistic Admissions Review.

Population(s) Served

The Commission on Nurse Certification (CNC) offers certification to graduates of Clinical Nurse Leader programs who meet the eligibility requirements established by CNC.

Population(s) Served

The Commission on Collegiate Nursing Education (CCNE), an autonomous arm of AACN, accredits baccalaureate and graduate nursing education programs, as well as entry-to-practice nurse residency programs.

Population(s) Served

The Foundation for Academic Nursing is a philanthropic division of AACN, which raises funds to advance academic nursing, increase the impact of AACN's vision and mission, and support members' goals that align with AACN priorities. Initiatives include the Faculty Scholars Grant Program, the COVID-19 Student Support Fund, and several scholarship programs.

Population(s) Served
Adults
Adults

These programs advance nursing education, research, and practice and include projects funded by the Jonas Philanthropies, the Beckman Research Institute of City of Hope, Centers for Disease Control and Prevention, and the National Institutes of Health (All of Us Research).

Population(s) Served

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Total dollar amount of scholarship awarded

This metric is no longer tracked.
Totals By Year
Related Program

Foundation

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

The dollar amount in 2020 was elevated because of a special scholarship program related to the pandemic and generous donations to support this scholarship fund.

Number of students who receive scholarship funds and/or tuition assistance

This metric is no longer tracked.
Totals By Year
Population(s) Served

Young adults

Related Program

Foundation

Type of Metric

Output - describing our activities and reach

Direction of Success

Decreasing

Context Notes

During the initial stages of the pandemic, the Foundation gave out special relief scholarships to nursing students affected by the pandemic, thus numbers during 2020 are higher.

Number of requests for data

This metric is no longer tracked.
Totals By Year
Related Program

Data/Research/Communications

Type of Metric

Context - describing the issue we work on

Direction of Success

Holding steady

Context Notes

Annually, Research and Data Services conducts 4 major surveys in order to continue its efforts in serving as the leading information resource on issues and trends impacting academic nursing.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

GOAL 1: AACN is the driving force for leadership, innovation, and excellence in academic nursing.
Objective 1: Lead innovations in academic nursing that facilitate competency-based education and improve health care.

Objective 2: Advance research and scholarship in nursing.

Objective 3: Develop leaders and inspire excellence at all levels in academic nursing.

GOAL 2: AACN is a leading partner in advancing improvements in health, health care, and higher education.

Objective 1: Accelerate the integration of academia and practice.

Objective 2: Work in partnership to improve health and health equity, strengthen the nursing workforce, and transform healthcare delivery.

Objective 3: Promote wellness within academic nursing.

GOAL 3: AACN is a resolute leader for diversity, equity, and inclusion within nursing.

Objective 1: Advance a culture that promotes and advances diversity, equity, and inclusion in academic nursing.

Objective 2: Promote policies, practices, and partnerships that advance health equity and just care.

Objective 3: Advocate for and advance anti-racist policies and practices throughout academic nursing.

GOAL 4: AACN is the authoritative source of knowledge to advance academic nursing.

Objective 1: Serve as the leading information resource and thought leader on issues and trends impacting academic nursing.

Objective 2: Influence and impact the development of the preeminent future nursing workforce.

Objective 3: Generate and curate knowledge and timely information to inform decision-making in academic nursing.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

  • Which of the following feedback practices does your organization routinely carry out?

  • What challenges does the organization face when collecting feedback?

Financials

American Association of Colleges of Nursing
Fiscal year: Jul 01 - Jun 30
Financial documents
2021 FY21 Audited Financial Statements 2019 A-133 Single Audit
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2021 info

SOURCE: IRS Form 990

4.82

Average of 3.43 over 10 years

Months of cash in 2021 info

SOURCE: IRS Form 990

12.8

Average of 5.9 over 10 years

Fringe rate in 2021 info

SOURCE: IRS Form 990

21%

Average of 24% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

Source: IRS Form 990 info

American Association of Colleges of Nursing

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

Fiscal year ending: cloud_download Download Data

American Association of Colleges of Nursing

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

American Association of Colleges of Nursing

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

This snapshot of American Association of Colleges of Nursing’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2017 2018 2019 2020 2021
Unrestricted surplus (deficit) before depreciation $2,500,899 $1,026,026 $2,306,848 $1,208,880 $9,942,478
As % of expenses 16.3% 6.7% 15.4% 8.4% 85.5%
Unrestricted surplus (deficit) after depreciation $2,315,668 $724,070 $2,052,738 $960,117 $9,735,031
As % of expenses 14.9% 4.7% 13.5% 6.5% 82.2%
Revenue composition info
Total revenue (unrestricted & restricted) $14,651,724 $16,232,969 $17,066,170 $15,709,388 $18,382,965
Total revenue, % change over prior year -26.3% 10.8% 5.1% -8.0% 17.0%
Program services revenue 49.3% 46.2% 48.1% 47.6% 40.4%
Membership dues 28.3% 27.1% 26.8% 30.5% 26.1%
Investment income 3.9% 4.8% 5.2% 6.6% 5.5%
Government grants 3.3% 2.8% 3.5% 2.7% 2.1%
All other grants and contributions 3.4% 4.8% 1.3% 2.3% 9.1%
Other revenue 11.8% 14.3% 15.1% 10.4% 16.8%
Expense composition info
Total expenses before depreciation $15,340,362 $15,244,013 $14,998,884 $14,449,655 $11,630,866
Total expenses, % change over prior year 0.1% -0.6% -1.6% -3.7% -19.5%
Personnel 42.1% 43.8% 46.1% 49.8% 61.4%
Professional fees 11.2% 11.8% 9.2% 8.8% 13.6%
Occupancy 1.8% 6.2% 4.5% 4.7% 5.8%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 12.4% 2.6% 3.2% 1.0% 1.9%
All other expenses 32.4% 35.6% 37.0% 35.6% 17.2%
Full cost components (estimated) info 2017 2018 2019 2020 2021
Total expenses (after depreciation) $15,525,593 $15,545,969 $15,252,994 $14,698,418 $11,838,313
One month of savings $1,278,364 $1,270,334 $1,249,907 $1,204,138 $969,239
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $1,533,028 $760,528 $0 $0 $292,145
Total full costs (estimated) $18,336,985 $17,576,831 $16,502,901 $15,902,556 $13,099,697

Capital structure indicators

Liquidity info 2017 2018 2019 2020 2021
Months of cash 6.1 5.2 4.8 7.5 12.8
Months of cash and investments 20.2 21.1 21.7 24.3 40.5
Months of estimated liquid unrestricted net assets 14.6 15.0 17.0 18.9 33.4
Balance sheet composition info 2017 2018 2019 2020 2021
Cash $7,764,235 $6,589,152 $5,970,187 $8,974,061 $12,371,135
Investments $18,024,970 $20,267,556 $21,137,336 $20,263,520 $26,911,540
Receivables $1,291,694 $1,095,112 $813,364 $907,105 $1,212,051
Gross land, buildings, equipment (LBE) $3,293,713 $2,854,971 $2,885,463 $2,560,337 $2,827,869
Accumulated depreciation (as a % of LBE) 49.3% 25.5% 33.1% 45.6% 47.8%
Liabilities (as a % of assets) 25.4% 28.7% 22.4% 24.0% 19.5%
Unrestricted net assets $20,394,758 $21,118,828 $23,171,566 $24,131,683 $33,866,714
Temporarily restricted net assets $1,504,012 $767,287 $388,408 N/A N/A
Permanently restricted net assets $88,203 $88,203 $88,203 N/A N/A
Total restricted net assets $1,592,215 $855,490 $476,611 $373,419 $526,003
Total net assets $21,986,973 $21,974,318 $23,648,177 $24,505,102 $34,392,717

Key data checks

Key data checks info 2017 2018 2019 2020 2021
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

President & CEO

Deborah E Trautman

Number of employees

Source: IRS Form 990

American Association of Colleges of Nursing

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

American Association of Colleges of Nursing

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

American Association of Colleges of Nursing

Board of directors
as of 03/07/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Susan Bakewell-Sachs

Oregon Health & Science University

Cynthia McCurren

University of Michigan-Flint

Lin Zhan

University of California-Los Angeles

Jean Leuner

Auburn University

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 1/20/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

No data

Race & ethnicity

No data

Gender identity

No data

 

No data

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 10/03/2022

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We disaggregate data by demographics, including race, in every policy and program measured.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.