What’s Up with the ABA? Part III (Finances)
FEBRUARY 4, 2022
In particular, it appears that expenses were increased in response to what turned out to be a one-year revenue spike in 2007. One cause of the post-2007 revenue decline may have been the Great Recession. From 2005-2007, the ABA had a relatively healthy balance sheet, with net assets of approximately $1.0M.