American Board of Lower Extremity Surgery

Nonprofit profile at a glance

EIN
830464039
IRS 990-EZ coverage
2019–2020
Forms available
Form 990 2018, Form 990-EZ 2020
Location
Evanston, IL, USA
Phone
2488557740
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Professional Societies, Associations

Official website

Reported finances

Revenue
$194,384
Expenses
$167,053
Assets
$168,487

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

6 people listed

People named in this filing

  • KLAUS MIKKELSEN (Executive Dir.)
  • JOSEPH GIMBEL (PRES/DIRECTOR)
  • DEDRIE POLAKOF (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Advancement of medical certification through critical certification process and education.

What it reported doing in 2020

40%Creating technology based solutions for the initial certification and re-certification processes, eliminating in-person group examinations during the Covid-19 pandemic, with the goal of 100% contact free interactions via video- and tele- conferencing for all examinations and other interactions. 40%Assisting doctors in obtaining board certification through new and improving processes that assess an applicants didactic knowledge, clinical acumen and surgical skills and to assist with obtaining surgical privileges at a hospital or clinic. 20%Creating, maintaining, and supporting a network of mentoring surgeons that provide specific case by case guidance to less experienced doctors in order to ensure better patient outcomes.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 100
  • Sustainability: 48
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.9%; rating input score 86
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 14.1%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 1.01; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings

Growth

  • Program expense growth: -25.3% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: -4.1% per year; rating input score 0; 15th percentile among comparable filings
  • Asset growth: 5.8% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 85.9% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $167K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2019 to 2020
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 53/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.