Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $265,671

• 3 · Investment income

  total $144,846 · excluded $144,846

• 7a · Gross sales of assets other than inventory

  securities $31,871

• 7b · Less cost or other basis and sales expenses

  securities $31,207

• 7c · Gain or loss

  securities $664

• 7d · Net gain or loss

  total $664 · excluded $664

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $235,926 · program services $235,926

• 11c · Fees: accounting

  total $11,025 · management and general $11,025

• 11f · Fees: investment management

  total $31,858 · management and general $31,858

• 11g · Fees: other

  total $2,476 · management and general $2,476

• 12 · Advertising and promotion

  total $1,479 · program services $98 · management and general $234 · fundraising $1,147

• 13 · Office expenses

  total $2,356 · program services $45 · management and general $1,412 · fundraising $899

• 14 · Information technology

  total $5,902 · management and general $5,902

• 17 · Travel

  total $80 · management and general $80

• 19 · Conferences, conventions and meetings

  total $21,701 · management and general $15,759 · fundraising $5,942

• 24a · Other expenses: TRADEMARK & CORP FEES

  total $500 · management and general $500

• 24b · Other expenses: FLOWERS/GIFTS/DONATIONS

  total $265 · management and general $265

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $552,893 · end of year $812,420

• 3 · Pledges and grants receivable

  beginning of year $11,549 · end of year $9,549

• 10a · Land, buildings and equipment: cost or other basis

  $2,352

• 10b · Land, buildings and equipment: accumulated depreciation

  $2,352

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $1,065,960 · end of year $1,522,897

• 12 · Investments: other securities

  beginning of year $4,234,053 · end of year $4,373,215

• 15 · Other assets

  beginning of year $188,750 · end of year $194,750

• 17 · Accounts payable and accrued expenses

  beginning of year $10,001 · end of year $10,002

• 25 · Other liabilities

  beginning of year $2,030,109 · end of year $2,309,661

• 27 · Net assets without donor restrictions

  beginning of year $3,806,405 · end of year $4,374,353

• 28 · Net assets with donor restrictions

  beginning of year $206,690 · end of year $218,815

The filer's explanations (Part III)

PART I, LINE 3:

THE AMERICAN DENTAL EDUCATION ASSOCIATION USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR: COMPENSATION COMMITTEE, WRITTEN EMPLOYMENT CONTRACT, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION STUDY OR SURVEY, FORM 990 OF OTHER ORGANIZATIONS, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.