Surgical Council of Resident Education

Nonprofit profile at a glance

EIN
453248734
IRS 990 coverage
2012–2019
Forms available
Form 990 2019, Form 990-N 2012
Location
Philadelphia, PA, USA
Phone
2155684000
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Surgery Specialties

Official website

Reported finances

Revenue
$920,308
Expenses
$694,539
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • MARY KLINGENSMITH MD (PRESIDENT)
  • AMIT RT JOSHI MD (VICE PRESIDENT)

Highest reported compensation

  • MARY KLINGENSMITH MD (PRESIDENT): $1,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Score is a nonprofit consortium of the principal organizations involved in us surgical education. Score's mission is to improve the education of the residents (trainees) in general surgery and related specialties through the development of a national curriculum.

What it reported doing in 2019

Score provides high quality educational content in support of the score curriculum to residents, residency programs and individuals in training via the score portal on the organization's website. The score curriculum is designed to define the specialty of general surgery and provide greater assurance that residents are receiving sufficient training in all areas. The curriculum focuses on the five years of progressive education and training that constitute general surgery residency in the u.s., after medical school but prior to independent practice. The curriculum is being developed in accordance with the six competencies required of a graduating resident: patient care and procedural skills; medical knowledge; professionalism; communication; practice-based learning; and systems-based practice. Score began its curriculum development with the patient care and medical knowledge components and is now addressing the other competencies.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 90
  • Accountability: 46
  • Sustainability: 47
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.8%; rating input score 69
  • Program expense ratio: 92.2%; rating input score 92
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 25%; rating input score 25; 8th 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: 24.5%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0.1%; rating input score 66; 66th percentile among comparable filings

Growth

  • Program expense growth: 0.5% per year; rating input score 100; 30th percentile among comparable filings
  • Revenue growth: 2.3% per year; rating input score 100; 37th percentile among comparable filings
  • Asset growth: 4.4% per year; rating input score 100; 46th percentile among comparable filings

Details

  • Where the money goes: 68.8% of revenue deployed · 92.2% of spending went to programs
  • Governance: 1 of 4 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $640K in reported program spending
  • Leadership: top reported pay $1K · 5 people listed
  • Highest-paid contractors: 1 contractor listed · $579K reported
  • Consistency: 24 of 24 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 8 filing years from 2012 to 2019
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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 — Accountability: Independent voting board scored 25/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.