American Board For Certification In Orthotics & Prosthetics Inc
- Assets
- $28.5m
- Revenue
- $8.4m
- Investments
- $0.0
- Employees
- 22
- Location
- Alexandria, VA
- Founding
- 10/1950
- Data as of
- 11/2023
- EIN
- 52-6054152
Organization Overview
American Board For Certification In Orthotics & Prosthetics Inc is located in Alexandria, VA. The organization was established in 1950. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 11/2023, American Board For Certification In Orthotics & Prosthetics Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Board For Certification In Orthotics & Prosthetics Inc 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 11/2023, American Board For Certification In Orthotics & Prosthetics Inc generated $8.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $8.5m during the year ending 11/2023. While expenses have increased by 4.1% 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.
Since 2015, American Board For Certification In Orthotics & Prosthetics Inc has awarded 36 individual grants totaling $4,309,143. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CERTIFYING AND ACCREDITING ORGANIZATION FOR THE ORTHOTIC, PROSTHETIC AND PEDORTHIC PROFESSIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FACILITY ACCREDITATION: FACILITY ACCREDITATION ENSURES QUALITY HEALTHCARE IN ORTHOTIC, PROSTHETIC AND PEDORTHIC PRACTICES. THE STANDARDS PROMULGATED BY ABC ENCOURAGE BEST PRACTICES IN PATIENT CARE, SAFETY, PROFESSIONALISM AND ORGANIZATIONAL PERFORMANCE.
CERTIFICATION: ABC CERTIFIED INDIVIDUALS ARE CONSIDERED LEADERS IN THE PROFESSION AND PROVIDE THE HIGHEST QUALITY PATIENT CARE, ALONG WITH EXCELLENCE IN RESEARCH AND DEVICE DESIGN. ABC CERTIFIED INDIVIDUALS MUST MEET STRINGENT EDUCATIONAL STANDARDS, CLINICAL TRAINING AND A COMPLETE ASSESSMENT OF COMPETENCY.
MANDATORY CONTINUING EDUCATION: ABC HAS LONG RECOGNIZED THE NEED FOR EFFECTIVE PROFESSIONAL CONTINUING EDUCATION. CONTINUING EDUCATION IS THE NORM IN THE HEALTH CARE PROFESSION AND SERVES TO MAINTAIN AND IMPROVE THE HEALTH CARE SYSTEM AND DELIVERY OF SERVICES. ABC CREDENTIALED INDIVIDUALS MUST OBTAIN CONTINUING EDUCATION IN ORDER TO MAINTAIN PERFORMANCE AT THE BASIC LEVEL OF PROFESSIONAL COMPETENCE AND ADVANCED TRAINING AND SPECIALIZED SKILLS BEYOND THE BASIC LEVEL.
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 |
|---|---|---|---|
Richard A Babcock Co President | OfficerTrustee | 1 | $0 |
William Lester Cpo President-Elect | OfficerTrustee | 1 | $0 |
Debbie Curtis RN Bsn Cfo Cfm Treasurer | OfficerTrustee | 1 | $0 |
Mark Rodriguez Cpo Secretary | OfficerTrustee | 1 | $0 |
Brett Saunders Cpo Faaop Immediate Past President | OfficerTrustee | 1 | $0 |
Dennis W Dillard Cped Cto Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mccabe Message Partners Llc Public Relations | 11/29/23 | $936,336 |
Porchlight Book Company Printing/shipping Of Atlases | 11/29/23 | $791,215 |
Prometric Inc Testing Services | 11/29/23 | $399,288 |
Agilutions Software Development | 11/29/23 | $372,866 |
Ted Markgren Surveyor Service | 11/29/23 | $317,875 |
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 | $12,379 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,379 |
| Total Program Service Revenue | $7,373,325 |
| Investment income | $816,456 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $220 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $160,061 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,363,435 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $256,643 |
| 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. | $384,062 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,044,772 |
| Pension plan accruals and contributions | $68,334 |
| Other employee benefits | $201,422 |
| Payroll taxes | $159,717 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $68,104 |
| Fees for services: Accounting | $235,936 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $55,456 |
| Fees for services: Other | $1,451,882 |
| Advertising and promotion | $1,515 |
| Office expenses | $458,414 |
| Information technology | $295,322 |
| Royalties | $0 |
| Occupancy | $144,563 |
| Travel | $595,788 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $250,669 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $402,576 |
| Insurance | $28,694 |
| All other expenses | $5,007 |
| Total functional expenses | $8,520,960 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,642,438 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,245 |
| 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 | $137,357 |
| Net Land, buildings, and equipment | $1,737,791 |
| Investments—publicly traded securities | $23,961,355 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,014,295 |
| Total assets | $28,510,481 |
| Accounts payable and accrued expenses | $526,372 |
| Grants payable | $0 |
| Deferred revenue | $3,569,075 |
| 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 | $1,658,032 |
| Total liabilities | $5,753,479 |
| Net assets without donor restrictions | $22,757,002 |
| 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 | $28,510,481 |
Grants Awarded
Over the last fiscal year, American Board For Certification In Orthotics & Prosthetics Inc has awarded $256,643 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL COMMISSION ON ORTHOTIC & PROSTHETIC EDUCATION PURPOSE: Support mission of organization | $12,000 |
ORTHOTIC AND PROSTHETIC EDUCATION AND RESEARCH FOUNDATION (OPERF) PURPOSE: Awards | $234,643 |
DISABLED AMERICAN VETERANS PURPOSE: Support mission of organization | $10,000 |