National Board Of Medical Examiners

Organization Overview

National Board Of Medical Examiners is located in Philadelphia, PA. The organization was established in 1937. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2021, National Board Of Medical Examiners employed 561 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Board Of Medical Examiners is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, National Board Of Medical Examiners generated $198.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $147.4m during the year ending 12/2021. While expenses have increased by 0.2% 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.

Since 2016, National Board Of Medical Examiners has awarded 47 individual grants totaling $2,583,344. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF NBME IS TO PROTECT THE HEALTH OF THE PUBLIC THROUGH STATE OF THE ART ASSESSMENT OF HEALTH PROFESSIONALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE UNITED STATES MEDICAL LICENSING EXAMINATION (USMLE) IS A THREE-STEP EXAMINATION FOR MEDICAL LICENSURE IN THE UNITED STATES AND IS SPONSORED BY THE FEDERATION OF STATE MEDICAL BOARDS (FSMB) AND NBME. THE USMLE PROGRAM SUPPORTS MEDICAL LICENSING AUTHORITIES IN THE UNITED STATES THROUGH ITS LEADERSHIP IN THE DEVELOPMENT, DELIVERY, AND CONTINUAL IMPROVEMENT OF HIGH-QUALITY ASSESSMENTS ACROSS THE CONTINUUM OF PHYSICIANS' PREPARATION FOR PRACTICE. IT ASSESSES A PHYSICIAN'S ABILITY TO APPLY KNOWLEDGE, CONCEPTS, AND PRINCIPLES THAT ARE IMPORTANT IN HEALTH AND DISEASE AND THAT CONSTITUTE THE BASIS OF SAFE AND EFFECTIVE PATIENT CARE.FOR FURTHER INFORMATION VISIT WWW.USMLE.ORG.NOTE: THE EXPENSES REFLECTED ABOVE DO NOT INCLUDE MANAGEMENT AND GENERAL EXPENSES.


THE MEDICAL SCHOOL AND STUDENT SERVICES PROGRAM PROVIDES ASSESSMENT SERVICES TO DOMESTIC AND INTERNATIONAL MEDICAL SCHOOLS, STUDENTS, AND RESIDENTS. ASSESSMENTS INCLUDE THE SUBJECT EXAMINATION PROGRAM, SELF-ASSESSMENT SERVICES, AND WEB-BASED EXAMINATION PROGRAMS AND PILOT PROJECTS. SUBJECT EXAMS MEASURE ACHIEVEMENT IN THE TRADITIONAL BASIC AND CLINICAL SCIENCE DISCIPLINES AND ARE USED TO COMPARE STUDENT PERFORMANCE WITH A NATIONAL REFERENCE GROUP. A SERIES OF WEB-BASED SELF-ASSESSMENTS ARE AVAILABLE TO HELP STUDENTS ASSESS THEIR READINESS TO TAKE USMLE. FACULTY SERVICES INCLUDE ITEM-WRITING WORKSHOPS, AND MEDICAL SCHOOL LIAISON ACTIVITIES INCLUDE THE ADVISORY COMMITTEE FOR MEDICAL SCHOOL PROGRAMS.NOTE: THE EXPENSES REFLECTED ABOVE DO NOT INCLUDE MANAGEMENT AND GENERAL EXPENSES.


THE HEALTH PROFESSION SERVICES PROGRAM PROVIDES COMPREHENSIVE ASSESSMENT, EDUCATIONAL, CONSULTATIVE, AND RESEARCH SERVICES FOR HEALTHCARE ORGANIZATIONS. DURING 2021, NBME'S HEALTH PROFESSION SERVICES WORKED WITH A VARIETY OF ORGANIZATIONS TO ADMINISTER EXAMINATIONS FOR PURPOSES OF LICENSURE, CERTIFICATION, MAINTENANCE OF CERTIFICATION, EVALUATION OF SPECIAL COMPETENCE, IN-TRAINING, AND SELF-ASSESSMENT. THESE ORGANIZATIONS INCLUDED ALLIED HEALTH PROFESSIONAL ASSOCIATIONS, MEMBERS OF THE AMERICAN BOARD OF MEDICAL SPECIALTIES, AND MEDICAL SOCIETIES. EXAMINATIONS ARE ADMINISTERED WORLDWIDE, WHERE APPLICABLE.NOTE: THE EXPENSES REFLECTED ABOVE DO NOT INCLUDE MANAGEMENT AND GENERAL EXPENSES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Landmark Media Enterprises Llc
Disaster Recovery Service
$375,509
Charlotte Foreshaw
Consulting Services
$351,780
Perkins Coie Llp
Legal Services
$325,255
Missionstaff Llp
Employment Services
$325,093
Tyton Partners Consulting Llc
Consulting Services
$315,380
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$149,355,711
Investment income $8,150,819
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$187,741
Net Gain/Loss on Asset Sales $41,000,325
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $198,319,114

Grants Awarded

Over the last fiscal year, National Board Of Medical Examiners has awarded $446,177 in support to 7 organizations.

Grant RecipientAmount

UNIVERSITY OF ILLINOIS

Org PageRecipient Profile

Urbana, IL

PURPOSE: Grant - See Part IV

$181,294

UNIVERSITY OF UTAH

Org PageRecipient Profile

Salt Lake City, UT

PURPOSE: Grant - See Part IV

$74,124

HOFSTRA UNIVERSITY

Org PageRecipient Profile

Hempstead, NY

PURPOSE: Grant - See Part IV

$70,940

UNIV CITY DISTRICT

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: Contribution-See Part IV

$60,319

RUTGERS ROBERT WOOD MEDICAL

Org PageRecipient Profile

Piscataway, NJ

PURPOSE: Contribution-See Part IV

$40,000

Jenkintown, PA

PURPOSE: Contribution - See Part IV

$12,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that National Board Of Medical Examiners has recieved totaling $21,442.

Awarding OrganizationAmount
American Medical Association

Chicago, IL

PURPOSE: USMLE SCORING

$21,442
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$40,468,581
Earnings$13,863,932
Net Contributions$59,531,419
Other Expense$558,761
Grants$458,248
Ending Balance$112,846,923

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