AMERICAN COUNCIL ON GIFT ANNUITIES Charity Report

Public IRS 990 nonprofit record

AMERICAN COUNCIL ON GIFT ANNUITIES

EIN 75-2481300 · Philanthropy, Voluntarism & Grantmaking Foundations (T40Z)

What they do

SEE SCHEDULE O for COMPLETE DESCRIPTION.THE ACGAS MISSION is to FOSTER THE SUCCESS of CHARITABLE GIFT ANNUITY PROGRAMS AT CHARITIES NATIONWIDE THROUGH THE PROMULGATION of SUGGESTED MAXIMUM GIFT ANNUITY RATES, EDUCATION, RESEARCH, MONITORING STATE REGULATIONS, ADVOCACY, and OTHER ACTIVITIES THAT PROMOTE GOOD GIFTS for NONPROFITS and THEIR DONORS.OUR VISION: THE AMERICAN COUNCIL ON GIFT ANNUITIES is THE PREMIER RESOURCE for CHARITABLE GIFT ANNUITY PROGRAM SUCCESS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $40.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

29.86%of revenue went to mission work40.0% of expenses · Program services

$74.67spent for every $100 of revenueRevenue covered expenses this year.

44.81%of revenue went to management and office costs60.0% of expenses

$5.83in assets for every $1 spent this yearSome assets cannot be spent right away.

85.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$219,612

Mission workProgram services$65,58029.86% of revenue40.0% of expenses

ManagementOffice and general costs$98,41544.81% of revenue60.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$55,61725.33% of revenueShown in gray on the chart

Total expenses$163,99574.67% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 40.0% mission · 60.0% management · 0.0% fundraisingTotal expenses: 74.67% of revenue

2023Expense mix: 76.9% mission · 23.1% management · 0.0% fundraisingTotal expenses: 94.86% of revenue

2022Expense mix: 43.7% mission · 56.3% management · 0.0% fundraisingTotal expenses: 99.18% of revenue

2021Expense mix: 69.2% mission · 30.8% management · 0.0% fundraisingTotal expenses: 103.89% of revenue

2020Expense mix: 36.6% mission · 63.4% management · 0.0% fundraisingTotal expenses: 117.64% of revenue

2019Expense mix: 62.0% mission · 38.0% management · 0.0% fundraisingTotal expenses: 70.18% of revenue

2018Expense mix: 26.2% mission · 73.8% management · 0.0% fundraisingTotal expenses: 90.94% of revenue

2017Expense mix: 84.0% mission · 16.0% management · 0.0% fundraisingTotal expenses: 101.14% of revenue

Money in and money out

Revenue$219,612

Expenses$163,995

Annual surplus $55,617 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$65,580 · 40.0% of expenses

Management and office costs$98,415 · 60.0% of expenses

See all reported dollar amounts

Revenue$219,612

Expenses$163,995

Assets$956,595

Income$219,612

Contributions$186,700

Mission work (program services)$65,580

Management and general$98,415

Stocks and bonds$769,835

Accounting fees$9,775

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (26)

JOSEPH O BULL JDIMMEDIATE PAST PRESIDENT

RENEE V KURDZOSVP ENGAGEMENT

REBECCA LOCKEVP GOVERNANCE & SECRETART

PHILIP M PURCELL CFRE MPAJDPRESIDENT

PAMELA LEONARDDIRECTOR

MICHAEL WELLINGDIRECTOR

MELISSA SYLVESTER CFA CAIA AIFDIRECTOR

MATT CLAFLINDIRECTOR

LAWRENCE P KATZENSTEIN JDVP RESEARCH

KINNA CLARK ESQDIRECTOR

KEVIN P MCGOWANVP FINANCE & INVESTMENTS

JULIE HALLOWELLDIRECTOR

JULIAN MAJORPRESIDENT-ELECT

AARON LEVINSONDIRECTOR

JEREMY STELTERDIRECTOR

EDWIN CABLE CPA CFPDIRECTOR

DAVID G ELY CFAVP RATES & REGULATIONS

CORLISS TAYLOR JD MBAVP PROGRAMS

CHRISTOPHER LONGDIRECTOR

CATHY R SHEFFIELDDIRECTOR

CATHERINE MELVIN CPA CITPDIRECTOR

CARL WAYNE JD CAPDIRECTOR

BRYAN TAYLOR CFADIRECTOR

ANGELA G PARSONS JD CAPDIRECTOR

ANDREW FUSSNERDIRECTOR

ALEX P BROVEY JD LLMDIRECTOR

About this charity

Recognized since: January 1993
Location: 3430 E SUNRISE DRIVE 180, TUCSON, AZ 85718
County: Pima
In care of: PHILIP M PURCELL
Primary officer: PHILIP M PURCELL, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(770) 874-3355

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: MAULDIN & JENKINS LLC
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T40Z)
IRS tax category: Other Individual and Family Services