American Osteopathic Academy of Orthopedics

Nonprofit profile at a glance

EIN
386073712
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Richmond, VA, USA
Phone
8045656370
Rating confidence
Limited

Official website

Reported finances

Revenue
$2,442,462
Expenses
$2,489,485
Assets
$5,846,761
Liabilities
$1,097,181

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • SEAN MCMILLAN DO FAOAO (PRESIDENT)
  • CHARLES ORTH DO FAOAO (1ST VICE PRESIDENT)
  • MILES L SINGER DO FAOAO (2ND VICE PRESIDENT)
  • RICHARD CRANK JR DO FAOAO (3RD VICE PRESIDENT)
  • DENNIS C BLACKBURN DO (IMMEDIATE PAST PRESIDENT)
  • JAMES S MASON DO FAOAO (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JAMES S MASON DO FAOAO (EXECUTIVE DIRECTOR): $245,817 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 continue to conduct, operate, maintain, sponsor and promote the establishment of a specialized group of the american osteopathic association and to continue to encourage research and study in the science and practice of orthopedics for the benefit of all mankind.

What it reported doing in 2024

Through its continuing medical education planning committee, the academy provides quality education through activities that include quality speakers on a variety of topics on orthopedic surgery. The benefit of didactic lectures and hands-on programs and simulation labs provide the resources needed by aoao members to provide such safe and quality healthcare to patients.

Operating model

Revenue model
Earned-program. 93% 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: 77
  • Accountability: 90
  • 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; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -1.9%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 2.35; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 45; 45th percentile among comparable filings
  • Officer compensation ratio: 9.9%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 4.6% per year; rating input score 100; 39th percentile among comparable filings
  • Asset growth: 5.1% per year; rating input score 100; 35th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 12 of 12 board members independent · 6 of 8 filing controls reported
  • Programs: 2 filed program accomplishments
  • Leadership: top reported pay $246K · 16 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $721K reported
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules · includes executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • High — Sustainability: Operating margin scored 27/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 45/100.