2024-05-09T18:05:49-07:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2022-07-01 510172756 AACN CERTIFICATION CORP AACN 9493622000 27071 Aliso Creek Road Aliso Viejo CA 926563399 Jakki Farr Chief Financial Officer 9493622000 2024-05-09 1 Jakki Farr 999009999 1 Robert Williams P01345960 5712279500 2024-04-25 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z Dana Woods 27071 Aliso Creek Road Aliso Viejo CA 926563399 23688415 0 X www.certcorp.org X 1975 CA AACN Certification Corporation drives patient health and safety through the comprehensive credentialing of acute and critical care nurses, advancing practice consistent with standards of excellence. 9 9 0 165 1118 -1629 18000 0 11248273 11839169 2718818 1868199 9094 2295 13994185 13709663 0 0 0 0 0 0 0 0 0 9025444 10060403 9025444 10060403 4968741 3649260 38761186 44363929 3255023 2886036 35506163 41477893 AACN Certification Corporation drives patient health and safety through comprehensive credentialing of acute and critical care nurses, advancing practice consistent with standards of excellence. 0 0 AACN Certification Corporation administers fifteen separate credentialing exams: Adult, Pediatric and Neonatal critical-care exams, Adults, Pediatric and Neonatal critical-care Knowledge designation exams, a CCRN-e exam for teleICU nurses, Progressive Care, Progressive Care Knowledge designation exam, Cardiac Medicine, Cardiac Surgery, Acute Care Nurse Practitioner exams, and the Clinical Nurse Specialist exams (ACCNS-AG, ACCNS-P, ACCNS-N). For our fiscal year ended June 30, 2023, we had 29,489 nurses register to take these exams. During the year, 15,688 nurses passed these rigorous exams to become certified. In addition to our initial exams, nurses are required to be recertified every three years for our certifications (except for the ACNP-AG and ACCNS certification (renewal only) which lasts five years). The nurse maintains certification based on the recertification process which consists of a combination of working with critically ill patients and obtaining continuing education credits (CE's) throughout the term of their certification period. In the fiscal year ended June 30, 2023, we had 26,512 nurses recertify one or more of the certifications administered by AACN Certification Corporation. Overall, there are approximately 136,062 active certifications in the combined categories of certification offered by AACN Certification Corporation. AACN Certification Corporation provides practice exam questions that provide the most realistic certification exam preparation available that features practice questions that mirror the style of actual exam questions. The practice exams offer hundreds of test questions, unlimited practice exams, a realistic testing experience with a mobile friendly interface. Test questions are available for almost all of our exams. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X Jakki Farr 9493622000 27071 Aliso Creek Road Aliso Viejo CA 926563399 Dana Woods Chief Executive Officer 15 40 X 0 649017 75738 Jakki Farr Chief Financial Officer 10 40 X 0 123408 13200 Elizabeth Scruth Chair 5 0 X X 0 0 0 Myra Ellis Chair-Elect 5 0 X X 0 0 0 Jodi Berndt Secretary & Treasurer 2 0 X X 0 0 0 Janet Mulroy Director 2 4 X 0 0 0 Jennifer Adamski Director 2 0 X 0 0 0 Paula Levett Director 2 4 X 0 0 0 Clareen Wiencek Director 2 0 X 0 0 0 Nanette Logan Director 2 0 X 0 0 0 Kathleen Siedlecki Director 2 0 X 0 0 0 0 772425 88938 0 0 1 0 PSI Services LLC 18000 W 105th Street Olathe KS 660617543 Provides testing services 1693048 Merrill Lynch 7825 Fay Avenue Suite 300 La Jolla CA 92037 Investment Advisor 260758 Gray Matter Publishing Inc 1538 Avonmore Square Pickering Ontario CA LIV 7H3 Hosting Fees 131813 3 0 Exam fee revenue 541900 6336731 6336731 0 0 Recertification revenue 541900 4343970 4343970 0 0 Exam practice question subscriptions 541900 933466 933466 0 0 225002 225002 0 0 11839169 892696 0 0 892696 0 0 0 0 2295 0 1118 1177 0 0 0 0 0 0 0 0 0 0 10954255 0 9978752 0 975503 0 975503 0 0 975503 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13709663 11839169 1118 1869376 X 0 0 0 0 0 0 0 0 0 0 0 47797 3271 0 0 260617 1928124 784574 121686 0 146818 0 229149 0 188155 0 0 0 0 Administrative expense allocation from affiliate 3694701 Direct personnel costs paid by affiliate 2272283 Business Income Tax 946 382282 10060403 0 0 0 109114 2709 8327721 6949280 0 0 20332 252857 0 0 0 0 0 0 0 0 4152 5266 0 30299867 37153817 0 0 0 0 0 0 0 0 38761186 44363929 693324 232688 0 0 2561699 2653348 0 0 0 0 0 0 0 0 0 0 0 0 3255023 2886036 X 35506163 41477893 0 0 35506163 41477893 38761186 44363929 3649260 2322470 0 0 0 0 X 0 1 X 1 0 0 0 X 15771516 2322470 0 0 0 2322470 13449046 260617 0 260617 13709663 9799786 0 0 0 0 0 9799786 260617 0 260617 10060403 Schedule D, Part X, Line 2 The Association follows the accounting standard regarding the recognition and measurement of uncertain tax positions. The Association evaluated its tax positions and determined that its positions are more likely than not to be sustained on examination. The Association's tax returns are subject to review and examination by federal and state authorities. 0 0 0 Dana Woods Chief Executive Officer 0 570209 0 78808 0 0 0 61000 0 25444 0 735461 0 0 Form 990, Part VI, Section A, Line 7a The AACN Certification Corporation Board of Directors is comprised of nine voting directors and the CEO who serves as an ex-officio member with no power to vote. For seven of the director positions, candidates are vetted by a governance committee and then forwarded to both the AACN Certification Board as well as the AACN Board of Directors for appointment to a 3-year term in office. The two additional directors share joint appointments on the AACN and AACN Certification boards and are designated by the President of AACN and the Chairperson of AACN Certification Corporation to serve a one-year term on the Certification Board while fulfilling their three-year AACN board term. Form 990, Part VI, Section A, Line 7b The bylaws of AACN Certification Corporation state that the following actions need to be approved by the written assent of its sole shareholder, AACN: (a) the borrowing of money for long-term capital needs of Certification; (b) the purchase, sale, lease, disposition or hypothecation of real property by Certification; (c) the merger, dissolution, or sale of all assets of Certification; and (d) the amendment of the Articles of Incorporation or Bylaws of AACN Certification Corporation. Form 990, Part VI, Section B, Line 11b The completed form 990 and related schedules are disseminated to the Audit Committee for review in advance of a conference call for the purpose to review and approve the return. All Audit Committee members, along with the Chief Financial Officer and Controller, participate in a conference call where all questions or concerns raised by the committee members are resolved to ensure unanimous approval of the return. The Audit Committee then reports any findings to the full Board of Directors and the completed return is disseminated to all members of the Board. Form 990, Part VI, Section B, Line 12c The Conflict of Interest Policy is reviewed annually at the Fall Board meeting as this is the orientation meeting for newly elected Directors. Each Director is required annually to complete a Conflicts of Interest Statement that lists any potential conflicts. In addition, all employees agree to Conflict of Interest and Work Ethics statements contained in the Employee Handbook. Any disclosed potential conflicts are monitored by the Governance team and, when appropriate, Board members who have a conflict would be recused from participating in any decision making subject to the conflict. Form 990, Part VI, Section C, Line 19 AACN Certification Corporation does not make governing documents or conflict of interest policies available to the public. The financial statements of the organization are part of the consolidated audited financial statements that are published to the AACN membership within 120 days of the end of the fiscal year. The audited financial statements are posted on the AACN website and are available to the public upon request. Form 990, Part IX, Line 11g The bulk of these costs are due to obligations due our testing service provider who is paid for each candidate who sits for an exam. In addition, fees are paid to the testing service provider for professional services related to test construction, item writing, and studies of practice to ensure our exams are based on up to date best practices. American Association of Critical-Care Nurses 27071 Aliso Creek Road Aliso Viejo CA 926563399 952706905 Professional nursing membership organization CA 501(c)(3) 10 N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 American Association of Critical-Care Nurses d 18659412 AACN Certification Corporation guaranteed a mortgage loan on behalf of its affiliate related to the purchase of a commercial property for its headquarters site in 2019. American Association of Critical-Care Nurses n 1171166 Corporate overhead costs are allocated among the related entities using a step-basis methodology based on each entity's usage of these shared services. Each department cost (includes customer care, finance, information technology, human resources, meetings, executive, mailing & fulfillment, facilities, business strategy and insights, and organizational effectiveness) is allocated based on estimated time spent by team members, space allocations, percentage of direct program costs, etc. Allocations are done on each department based on these estimates and charged to each separate entity on a monthly basis. American Association of Critical-Care Nurses o 2594640 Included in the allocation of overhead costs is the cost of salaries and benefits for these support departments. In these departments, salaries and benefits expenses make up 68.9% of the overall costs. Based on this percentage, the amount recorded here represents 68.9% of the $3,765,806 total general and administrative costs allocated to AACN Certification Corporation. American Association of Critical-Care Nurses p 3765806 Reimbursements from one entity to another flow through the intercompany account balances. As an example, all cash is deposited to the AACN account. Amounts from Certification create a receivable due them and a payable on AACN's records. Similarly, most expenses are paid by AACN, and when Certification related payments are made they create a receivable for AACN and a payable for Certification Corporation. Quarterly we review the intercompany account balances and transfer funds between organizations to ensure that the intercompany balances are paid. American Association of Critical-Care Nurses q 3765806 Reimbursements from one entity to another flow through the intercompany account balances. As an example, all cash is deposited to the AACN account. Amounts from Certification create a receivable due them and a payable on AACN's records. Similarly, most expenses are paid by AACN, and when Certification related payments are made they create a receivable for AACN and a payable for Certification Corporation. Quarterly we review the intercompany account balances and transfer funds between organizations to ensure that the intercompany balances are paid.