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2021 Annual Report

Welcome to the American Gem Society's 2021 Annual Report

Each year, the AGS International Board of Directors and the team at AGS headquarters strive to try something new or achieve more for the membership. When we look back on 2021, we believe we hit our goal, and as you read the Annual Report, we hope you feel the same way.

We want to constantly add value to your membership by thinking creatively and strategically to meet your changing needs. We’re excited to support your business goals, whether it is earning that credential you have wanted to obtain or having a marketing consultation with one of our marketing experts. We are here for you!

Delivering value to our members and our mission of consumer protection remain the focus and our true north each and every year. You are at the heart of everything we do! We welcome your feedback and want to know what keeps you up at night so we can evolve our benefits and services.

With that said, we accomplished so much together in 2021, and there were some fantastic moments. For both of us, our favorite memories revolve around reuniting with members at the Centurion show, JCK, and, of course, Conclave. We are so lucky to serve this wonderful community.

Thank you for your continued support of AGS during these continually changing times. The AGS community is extraordinary, and you inspire us in all that we do.

Katherine Bodoh, RJ

CEO
AMERICAN GEM SOCIETY
AND AGS LABORATORIES 

Michael Richards, CG

PRESIDENT
AMERICAN GEM SOCIETY 
INTERNATIONAL BOARD OF DIRECTORS 2021

Events, Technologies, and Initiatives

Membership

44
New Firms

Education

88%

Titleholder Recertification

0
New Titles Awarded

Financial Report

Statement of Financial Position

Fiscal Year Ending November 30, 2021

Assets

  • Current Assets $5,735,244
  • Property & Equipment $2,980,409
  • Other Assets $5,529,632
  • Total $14,245,285

Liabilities and Net Assets

  • Current and Long-term Liabilities $831,608
  • Net Assets $13,413,677
  • Total $14,245,285

Revenues

  • Member Dues $1,426,766
  • Laboratory Lease $122,364
  • Laboratory Net Loss $(23,618)
  • Other $2,230,658
  • Total $3,756,170

Expenses

  • Education $1,497,079
  • Other Member Services $575,116
  • Management & General $895,620
  • Total $2,967,815
  • Increase in Net Assets $788,355

Marketing Results

0
Find a Jeweler Visits
0
Total Visits to AGS.org
0
Social Media Reach
0
Press Hits
0
Google Ads Impressions