American College Of Foot And Ankle Surgeons
- Assets
- $18.1m
- Revenue
- $9.4m
- Investments
- $0.0
- Employees
- 15
- Location
- Chicago, IL
- Founding
- 11/2013
- Data as of
- 12/2022
- EIN
- 23-7171433
Organization Overview
American College Of Foot And Ankle Surgeons is located in Chicago, IL. The organization was established in 2013. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 12/2022, American College Of Foot And Ankle Surgeons employed 15 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. American College Of Foot And Ankle Surgeons 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 12/2022, American College Of Foot And Ankle Surgeons generated $9.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $8.7m during the year ending 12/2022. While expenses have increased by 5.2% per year over the past 8 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE SCIENCE OF FOOT & ANKLE SURGERY. CONTINUE TO IMPROVE PODIATRIC SURGERY STANDARDS.
Describe the Organization's Program Activity:
EDUCATION & TRAINING - ANNUAL MEETING AND MULTIPLE SEMINARS BRING SURGEONS TOGETHER FOR EDUCATIONAL PROGRAMS AND DISCUSSIONS RELATING TO VARIOUS PODIATRIC MEDICAL TOPICS.
VARIOUS PROGRAM ACTIVITIES RELATED TO FURTHERING THE EDUCATION OF SURGEONS IN FOOT AND ANKLE SURGERY, GOVERNANCE AND MEMBER SERVICES, PROMOTING THE SPECIALTY, AND HEALTH POLICY PRACTICE ADVOCATION.
JOURNAL OF FOOT AND ANKLE SURGERY IS A BI-MONTHLY PUBLICATION FOCUSING ON VARIOUS TOPICS TO FURTHER EDUCATE SURGEONS ON PODIATRIC MEDICINE AND SURGERY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thanh Dinh DPM Facfas Immed. Past President (feb-Dec) | OfficerTrustee | 5 | $3,750 |
Michael J Cornelison DPM Facfas President (feb-Dec) | OfficerTrustee | 5 | $13,125 |
Eric Barp DPM Facfas President Elect (feb-Dec) | OfficerTrustee | 5 | $5,625 |
Scott C Nelson DPM Facfas Immed. Past President (jan-Feb) | OfficerTrustee | 5 | $0 |
Christopher Lotufo DPM Director (jan-Feb) | Trustee | 1 | $0 |
Alan Macgill DPM Director (jan-Dec) | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
O'hare Plaza Llc Office Space Lease | 12/30/22 | $132,440 |
Naohiro Shibuya Editor Of Jfas | 12/30/22 | $108,076 |
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 | $1,528,508 |
| Noncash contributions included in lines 1a–1f | $359,820 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,528,508 |
| Total Program Service Revenue | $7,259,126 |
| Investment income | $418,713 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $175,947 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,382,294 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $7,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $383,287 |
| Compensation of current officers, directors, key employees. | $169,562 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,609,971 |
| Pension plan accruals and contributions | $117,688 |
| Other employee benefits | $142,308 |
| Payroll taxes | $130,878 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,865 |
| Fees for services: Accounting | $37,341 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $76,282 |
| Fees for services: Other | $663,269 |
| Advertising and promotion | $116,678 |
| Office expenses | $134,347 |
| Information technology | $325,685 |
| Royalties | $0 |
| Occupancy | $320,304 |
| Travel | $292,611 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,428,781 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $106,784 |
| Insurance | $0 |
| All other expenses | $237,188 |
| Total functional expenses | $8,677,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $5,554,490 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $202,635 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,006 |
| Prepaid expenses and deferred charges | $752,844 |
| Net Land, buildings, and equipment | $533,336 |
| Investments—publicly traded securities | $10,034,056 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,017,584 |
| Total assets | $18,099,151 |
| Accounts payable and accrued expenses | $641,600 |
| Grants payable | $0 |
| Deferred revenue | $5,045,707 |
| 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 | $1,223,250 |
| Total liabilities | $6,910,557 |
| Net assets without donor restrictions | $10,976,537 |
| Net assets with donor restrictions | $212,057 |
| 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 | $18,099,151 |
Grants Awarded
Over the last fiscal year, American College Of Foot And Ankle Surgeons has awarded $35,673 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CLEVELAND CLINIC PURPOSE: Research grant | $7,500 |
ROSALIND FRANKLIN UNIVERSITY OF MEDICINE & SCIENCE PURPOSE: Research grant | $10,118 |
TIDEWATER FOOT & ANKLE PURPOSE: Research grant | $18,055 |