American Board Of Surgery
- Assets
- $24.0m
- Revenue
- $16.2m
- Investments
- $0.0
- Employees
- 42
- Location
- Philadelphia, PA
- Founding
- 10/1942
- Data as of
- 06/2022
- EIN
- 23-1352007
Organization Overview
American Board Of Surgery is located in Philadelphia, PA. The organization was established in 1942. According to its NTEE Classification (G19) the organization is classified as: Support N.E.C., under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2022, American Board Of Surgery employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Board Of Surgery is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, American Board Of Surgery generated $16.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $11.6m during the year ending 06/2022. While expenses have increased by 1.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ADMINISTRATION OF CERTIFICATION, RECERTIFICATION AND CONTINUOUS CERTIFICATION EXAMS AND ASSESSMENTS IN GENERAL SURGERY, AS WELL AS SPECIALTY AREAS OF SURGICAL CRITICAL CARE, PEDIATRIC SURGERY, HAND SURGERY, COMPLEX GENERAL SURGICAL ONCOLOGY, VASCULAR SURGERY, AND HOSPICE AND PALLIATIVE CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ABS INCURS COSTS ASSOCIATED WITH THE DEVELOPMENT AND ADMINISTRATION OF EXAMINATIONS FOR CANDIDATES SEEKING INITIAL CERTIFICATION, CONTINUOUS CERTIFICATION, AND FOCUS PRACTICE DESIGNATION BY ABS AND IN ISSUING CERTIFICATES OF QUALIFICATION TO ALL CANDIDATES MEETING THE ABS'S REQUIREMENTS. DURING THE FISCAL YEAR ENDED JUNE 30, 2022, THERE WERE 21,334 INDIVIDUALS WHO TOOK AN EXAMINATION, INCLUDING 10,758 SURGERY RESIDENTS TAKING THEIR IN-TRAINING EXAMINATIONS. 1,990 INDIVIDUALS OBTAINED INITIAL CERTIFICATION, 7 WERE RE-CERTIFIED IN HOSPICE AND PALLIATIVE MEDICINE, 6,281 TOOK THE CONTINUOUS CERTIFICATION ASSESSMENT FOR GENERAL AND OTHER SPECIALTIES AND 110 TOOK THE METABOLIC AND BARIATRIC SURGERY FOCUSED PRACTICE DESIGNATION. THE TYPES OF EXAMINATIONS THE COSTS ARE INCURRED FOR INCLUDE THE FOLLOWING: IN-TRAINING, QUALIFYING, CERTIFYING, RECERTIFICATION, CONTINUOUS ASSESSMENTS, AND FOCUS PRACTICE DESIGNATION. THE AREAS OF SPECIALTY INCLUDE GENERAL SURGERY, VASCULAR SURGERY, SURGICAL CRITICAL CARE, PEDIATRIC SURGERY, HAND SURGERY, COMPLEX GENERAL SURGICAL ONCOLOGY, HOSPICE AND PALLIATIVE CARE, AND METABOLIC AND BARIATRIC SURGERY. THE SCORE ARM OF THE ABS INCURS EXPENSES IN PROVIDING HIGH-QUALITY EDUCATIONAL CONTENT IN SUPPORT OF THE SCORE CURRICULUM TO RESIDENTS AND RESIDENCY PROGRAMS VIA THE SCORE PORTAL ON THE ORGANIZATION'S WEBSITE. THE SCORE CURRICULUM IS DESIGNED TO DEFINE THE SPECIALTY OF GENERAL SURGERY AND PROVIDE GREATER ASSURANCE THAT RESIDENTS ARE RECEIVING SUFFICIENT TRAINING IN ALL AREAS. THE CURRICULUM FOCUSES ON THE FIVE YEARS OF PROGRESSIVE EDUCATION AND TRAINING THAT CONSTITUTE GENERAL SURGERY RESIDENCY IN THE U.S., AFTER MEDICAL SCHOOL BUT PRIOR TO INDEPENDENT PRACTICE.THE EPA PROJECT, ALTHOUGH LARGELY DRIVEN BY VOLUNTEER WORK, INCURS EXPENSES FOR THE OVERALL PROJECT LEADS, FACILITATION OF MEETINGS, COMMUNICATIONS, PROFESSIONAL FEES AS WELL AS THE DEVELOPMENT OF A MOBILE-BASED TECHNOLOGY PLATFORM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amit Rt Joshi MD Director | Trustee | 3 | $0 |
Amy J Goldberg MD Director | Trustee | 3 | $0 |
Beth H Sutton MD Director | Trustee | 3 | $0 |
Jo Buyske MD President & Ceo, Ex-Officio | OfficerTrustee | 40 | $953,723 |
Karen Fisher JD Director | Trustee | 3 | $0 |
M Ashraf Mansour Mbbs Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ncs Pearson Inc Testing Admin Fees | 6/29/22 | $1,236,614 |
Silverchair It Services (Score) | 6/29/22 | $552,601 |
Washington University Executive Services | 6/29/22 | $273,322 |
Internet Testing Systems Llc It Services | 6/29/22 | $249,900 |
Contemporary Staffing Solutions Exam Proctor Services | 6/29/22 | $210,621 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $616,495 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $616,495 |
| Total Program Service Revenue | $14,984,552 |
| Investment income | $629,170 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$341,501 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,154,613 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,507,135 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,225,309 |
| Pension plan accruals and contributions | $648,723 |
| Other employee benefits | $303,007 |
| Payroll taxes | $281,804 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $174,489 |
| Fees for services: Accounting | $35,561 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $85,647 |
| Fees for services: Other | $1,081,737 |
| Advertising and promotion | $0 |
| Office expenses | $201,240 |
| Information technology | $1,113,443 |
| Royalties | $0 |
| Occupancy | $415,395 |
| Travel | $680,302 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $56,193 |
| Insurance | $102,231 |
| All other expenses | $77,520 |
| Total functional expenses | $11,601,658 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,905,906 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $366,205 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $263,746 |
| Net Land, buildings, and equipment | $243,590 |
| Investments—publicly traded securities | $17,175,755 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,042 |
| Total assets | $23,969,244 |
| Accounts payable and accrued expenses | $811,588 |
| Grants payable | $0 |
| Deferred revenue | $4,178,017 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,057,194 |
| Total liabilities | $8,046,799 |
| Net assets without donor restrictions | $15,922,445 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $23,969,244 |