Overview
What is Aoac International?
Aoac International, headquartered in Rockville, Maryland, is a renowned nonprofit association of analytical scientists. Recognized globally, this organization brings together diverse stakeholders, including government, industry, and academia, to establish consensus on the suitability of analytical methods necessary in sectors such as food, agriculture, biological threats, and the environment. By conducting validation studies through the AOAC Official Methods Program, they ensure the methods are reliable and can be consistently applied across various laboratories. Aoac International primarily focuses on providing independent third-party method conformity assessment and certification for commercial and proprietary test kits and rapid assays, using expert evaluation and peer review of supporting data, following AOAC-approved testing protocols. With a workforce of 29 individuals, Aoac International plays a crucial role in upholding the integrity and reliability of analytical methods worldwide.
Official website here: www.aoac.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star Rating
Aoac International has earned a Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization boasts a perfect score for having a fully independent board and excellent practices regarding financial oversight. Their commitment to transparency is further highlighted by the presence of necessary policies, such as conflict of interest and whistleblower protections, which are all well-documented.
The charity maintains a solid program expense ratio of 68.88%, demonstrating a significant portion of its budget is directed towards its programs rather than administrative costs. This dedication to programmatic work reflects positively on the organization’s mission and effectiveness in delivering its services.
However, the organization has a liabilities to assets ratio of 59.48%, which suggests a notable level of liabilities compared to its assets. While this is not necessarily alarming, it does indicate some financial caution is warranted as the organization continues its work. Overall, Aoac International presents itself as a responsible and transparent nonprofit with a focus on effective program delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Aoac International legitimate?
Aoac International is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aoac International submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $859,411
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,563,717
For more financial information, click here
Official website here: www.aoac.org
What is the mission statement of Aoac International?
Aoac International, recognized globally as an independent association of analytical scientists, focuses on convening stakeholders from government, industry, and academia. Their primary mission is to reach a consensus on the fitness for purpose of analytical methods required in various sectors, including food, agriculture, biological threat agents, and the environment. Once a consensus is achieved, Aoac International conducts validation studies through their Official Methods Program to ensure that the methods function as intended and are reproducible in numerous laboratories.
Official website here: www.aoac.org
Who is the CEO of Aoac International?
David Schmidt is the President of Aoac International.
Official website here: www.aoac.org
What is the revenue of Aoac International?
Aoac International's revenue in 2022 was $6,002,370.
Official website here: www.aoac.org
Who are the executives of Aoac International and what are their salaries?
The average compensation at Aoac International during 2022 was $118,039. There are 29 employees and 530 volunteers at Aoac International.
Here are 21 key members and their salaries:
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- Compensation: $189,435
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- Compensation: $165,405
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- Other: $16,340
- Compensation: $132,595
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- Other: $22,282
Official website here: www.aoac.org
Where can I find the form 990 for Aoac International?
Aoac International's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aoac.org
Learn more at the official website: www.aoac.org
Mission Statement of Aoac International
Aoac International, an internationally recognized association of analytical scientists, plays a crucial role in bringing together various stakeholders to reach consensus on the suitability of analytical methods required in the realms of food, agriculture, biological threat agents, and the environment. This nonprofit organization's mission is to establish consensus on the fitness for purpose of these methods, ensuring that they can effectively analyze samples in various laboratories. To accomplish this, Aoac International conducts validation studies through its Official Methods Program. This program is designed to confirm that the methods function as intended and are consistently reproducible, thereby fostering trust in the results obtained. In essence, Aoac International serves as a bridge, connecting government, industry, and academia to establish reliable and consistent analytical methods in various sectors.
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Impact
July, 2024
Aoac International's impact lies in its role as an independent third-party association of analytical scientists, recognized globally for its ability to convene government, industry, and academia to produce consensus test methods for food and health. This organization provides method conformity assessment and certification for commercial and proprietary test kits and rapid assays, ensuring product performance claims are evaluated by experts using approved testing protocols. Through its Official Methods Program, Aoac International validates analytical methods in areas such as food, agriculture, biological threat agents, and the environment, ensuring their effectiveness and reproducibility in numerous laboratories.
This information is meant to be a general summary of Aoac International. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $232,641
- Program Service Revenue: $5,034,258
- Gross Receipts: $9,792,818
Assets and Liabilities:
- Total Assets: $10,434,940
- Total Liabilities: $6,207,516
- Net Assets: $4,227,424
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESEARCH INSTITUTE FEES
Revenue
$2,205,332
PROFICIENCY TESTING
Revenue
$1,115,896
PROGRAM PROJECTS
Revenue
$645,408
MEMBERSHIP DUES
Revenue
$615,098
MEETINGS AND CONFERENCE
Revenue
$378,574
Organization Details
Founding Year
1932
Phone
(301) 924-7077Principal Officer
David Schmidt
Main Address
2275 RESEARCH BOULEVARD 300, ROCKVILLE, MD, 20850
Website
www.aoac.orgNTEE Category
Code: H00C - Medical research
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