American Association of Hip & Knee Surgeons
Nonprofit profile at a glance
- EIN
- 363832205
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024
- Location
- Rosemont, IL, USA
- Phone
- 8476981200
- Rating confidence
- Limited
Reported finances
- Revenue
- $10,174,605
- Expenses
- $9,946,406
- Assets
- $12,853,864
- Liabilities
- $2,782,134
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- HUDDLESTON JAMES I (PRESIDENT/FIRST VP)
- PARVIZI JAVAD (PAST PRESIDENT/PRESIDENT)
- ZARSKI MICHAEL (EXECUTIVE DIRECTOR)
- KERR JOSHUA (DEPUTY EXECUTIVE DIRECTOR)
Highest reported compensation
- ZARSKI MICHAEL (EXECUTIVE DIRECTOR): $423,810 total reported compensation
- KERR JOSHUA (DEPUTY EXECUTIVE DIRECTOR): $227,090 total reported compensation
- WOLFE SIGITA (SR DIR OF EDUCATION AND SC): $178,416 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To advance hip and knee patient care through education, advocacy, research and outreach.
What it reported doing in 2024
Health policy activities - federal policy makers in congress and the executive departments and agencies were provided information and analysis about total joint arthroplasty over the course of the year. This assists the government in making better decisions on healthcare related matters that affect millions of patients. The association also organizes and supports a health policy fellows program that allowed several surgeon-members to attend various events in Washington dc and elsewhere related to health policy and to interact with high-level federal officials and legislators. The health policy fellowship allows the participants to become more effective at understanding and assisting the process by which policy becomes law and regulation.
Operating model
- Revenue model
- Earned-program. 68% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 75
- Accountability: 78
- Sustainability: 41
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: 1 of 8 controls in place; rating input score 12
- Claims monitoring procedures: Pass
- Requires narrative reports: Limited
- Conducts field audits: Limited
- May suspend future funding: Limited
- Requires financial reports: Limited
- Conducts site visits: Limited
- Requires grant agreements: Limited
- May require repayment: Limited
- Grant itemization coverage: 99.8%; rating input score 100; 37th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 70%; rating input score 70; 12th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.2%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 1.29; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 56; 56th percentile among comparable filings
- Officer compensation ratio: 16.6%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 8% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: 6.5% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 7 of 10 board members independent · 8 of 9 filing controls reported
- Programs: 5 filed program accomplishments
- Leadership: top reported pay $424K · 20 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $2.1M reported
- Consistency: 16 of 16 current checks pass
- Schedules: 8 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 7 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 75 filed money-flow records
- Related organizations: 66 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 43/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- High — Sustainability: Officer compensation ratio scored 6/100.
- Review — Sustainability: Liabilities to assets ratio scored 56/100.