Society For Metabolic And Bariatric Endoscopy Inc is located in Chestnut Hill, MA. The organization was established in 2016. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society For Metabolic And Bariatric Endoscopy Inc 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 12/2023, Society For Metabolic And Bariatric Endoscopy Inc generated $332.8k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 30.6% each year . All expenses for the organization totaled $420.2k during the year ending 12/2023. While expenses have increased by 35.6% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BE AN INFORMATIONAL RESOURCE FOR PATIENTS SEEKING ENDOSCOPIC THERAPY FOR WEIGHT-RELATED AND METABOLIC DISEASE. TO ENCOURAGE THE ADVANCEMENT AND DISSEMINATION OF MEDICAL KNOWLEDGE. TO STRIVE FOR PREVENTION AND CURE OF DISEASE AND THE IMPROVEMENT OF PUBLIC HEALTH. TO PROVIDE EFFECTIVE REPRESENTATION FOR THE MEMBERS. TO PROVIDE AN OPPORTUNITY FOR COLLEGIAL ASSOCIATION OF ITS MEMBERS. TO RECEIVE GIFTS AND PROPERTY TO BE USED FOR THE ADVANCEMENT OF AND THE PROMOTION OF ENDOSCOPIC THERAPY OF WEIGHT-RELATED AND METABOLIC DISEASE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN APRIL 2023, THE ORGANIZATION HELD ITS FLEXIBLE ENDOSCOPIC SURGERY (FES) MEDICAL EDUCATION CONFERENCE.IN MIAMI FLORIDA. THIS UNIQUE ENDOSCOPY COURSE FOCUSED ON AN INTENSIVE HANDS-ON EXPERIENCE, DESIGNED FOR GASTROENTEROLOGISTS, SURGICAL ENDOSCOPISTS, GASTROENTEROLOGY FELLOWS, AND GI NURSES. STATE-OF-THE-ART LECTURES BY LEADERS IN THE FIELD, COVERED TECHNIQUES AND CUTTING-EDGE ADVANCES IN GI ENDOSCOPY IN BOTH FLEXIBLE ENDOSCOPIC SURGERY AND BARIATRIC ENDOSCOPY. TOPICS INCLUDED PRIMARY OBESITY DEVICES (BALLOONS, SLEEVES, ENDOSCOPIC PLICATING, ENDOSCOPIC SUTURING), POST-BARIATRIC COMPLICATIONS, ENDOSCOPIC SUTURING, TRANSORAL INCISIONLESS FUNDOPLICATION (TIF), POEM, ENDOSCOPIC SUBMUCOSAL DISSECTION (ESD), FULL-THICKNESS RESECTION (FTR), GI BLEEDING, ERCP IN THE BARIATRIC PATIENT, THERAPEUTIC EUS, ENDOHEPATOLOGY, AND MORE. THIS 3-DAY EVENT STARTED OFF WITH STATE-OF-THE-ART LECTURES AND HANDS-ON DEMONSTRATIONS OF NEW TECHNIQUES AND DEVICES FOR BARIATRIC ENDOSCOPY, FOLLOWED BY STATE-OF-THE-ART LECTURES AND HANDS-ON DEMONSTRATIONS FLEXIBLE ENDOSCOPIC SURGICAL TECHNIQUES AND DEVICES, FOCUSING HEAVILY ON THIRD SPACE PROCEDURES. THROUGHOUT EACH DAY WE HAD SPECIAL SIMULTANEOUS SESSIONS HIGHLIGHTING THERAPEUTIC EUS (FRI) AND ENDOHEPATOLOGY (SAT). ADDITIONALLY, WE HELD EXCITING LIVE BROADCASTED CASES FROM THE HOSPITAL DAS CLNICAS DA FACULDADE DE MEDICINA DA UNIVERSIDADE DE SAO PAULO, BRAZIL. OUR LAST IN PERSON COURSE WAS HELD IN MARCH 2019 AND WAS A HUGE SUCCESS! WE WERE OVERSUBSCRIBED FOR THE DIDACTIC AND HANDS-ON STATIONS, AND HAD A GOOD MIX OF GASTROENTEROLOGISTS (75%) AND SURGEONS (25%). COURSE FEEDBACK WAS EXCELLENT AND MANY PARTICIPANTS RETURNED TO THEIR HOME INSTITUTIONS AND INCORPORATED TECHNIQUES HIGHLIGHTED AT THIS EVENT SUCCESSFULLY IN THEIR CLINICAL PRACTICES! SINCE COVID, OUR PLATFORM HAS BEEN VIRTUAL SO WE WERE EXCITED TO BE BACK IN PERSON! WE HAD ABOUT 250 ATTENDEES FOR THE 2 MAIN COURSE DAYS AND 50 FOR DAY 3.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michele B Ryan Secretary/treasurer | OfficerTrustee | 8 | $0 |
Nitin Kumar Vice President | OfficerTrustee | 2 | $0 |
Christopher C Thompson President | OfficerTrustee | 2 | $0 |
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 | $332,838 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $332,838 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $332,838 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $930 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $6,798 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $12,335 |
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 | $0 |
Insurance | $0 |
All other expenses | $1,826 |
Total functional expenses | $420,245 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,474 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $12,468 |
Other assets | $0 |
Total assets | $19,942 |
Accounts payable and accrued expenses | $103,935 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Total liabilities | $103,935 |
Net assets without donor restrictions | -$83,993 |
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 | $19,942 |