Civic Intelligence

The American Board of Anesthesiology Inc

EIN 06-0646523 • 501(c)3 • Raleigh, NC

Profile

To advance the highest standards of the practice of anesthesiology.

4200 Six Forks Road 1100Raleigh, NC 27609

www.theaba.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.42x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

1.37x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

42nd percentile

2.2%

Higher net margin than 42% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

59th percentile

$418,456

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

31st percentile

1.0%

Faster asset growth than 31% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

40th percentile

4.8%

Faster revenue growth than 40% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$87,561,617

Up $890,439 (+1.0%) from 2023

Liabilities

Down

$36,431,822

Down $857,048 (-2.3%) from 2023

Net Assets

Up

$51,129,795

Up $1,747,487 (+3.5%) from 2023

Revenue

Up

$26,630,458

Up $1,225,618 (+4.8%) from 2023

Expenses

Up

$26,056,692

Up $3,505,142 (+16%) from 2023

Net Income

Down

$573,766

Down $2,279,524 (-80%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0Assets 2010: $23,184,195Liabilities 2010: $5,853,655Net Assets 2010: $17,330,5402010Assets 2011: $24,369,491Liabilities 2011: $6,718,360Net Assets 2011: $17,651,1312011Assets 2012: $28,072,545Liabilities 2012: $6,690,791Net Assets 2012: $21,381,7542012Assets 2013: $33,438,460Liabilities 2013: $8,057,895Net Assets 2013: $25,380,5652013Assets 2014: $35,849,793Liabilities 2014: $8,666,704Net Assets 2014: $27,183,0892014Assets 2015: $32,961,959Liabilities 2015: $7,281,347Net Assets 2015: $25,680,6122015Assets 2016: $35,603,943Liabilities 2016: $7,172,746Net Assets 2016: $28,431,1972016Assets 2017: $40,024,758Liabilities 2017: $7,422,211Net Assets 2017: $32,602,5472017Assets 2018: $38,401,796Liabilities 2018: $7,080,809Net Assets 2018: $31,320,9872018Assets 2019: $44,915,375Liabilities 2019: $7,891,841Net Assets 2019: $37,023,5342019Assets 2020: $83,891,819Liabilities 2020: $43,206,720Net Assets 2020: $40,685,0992020Assets 2021: $87,908,308Liabilities 2021: $38,234,452Net Assets 2021: $49,673,8562021Assets 2022: $81,215,347Liabilities 2022: $38,025,760Net Assets 2022: $43,189,5872022Assets 2023: $86,671,178Liabilities 2023: $37,288,870Net Assets 2023: $49,382,3082023Assets 2024: $87,561,617Liabilities 2024: $36,431,822Net Assets 2024: $51,129,7952024

Highlighted filing

2024

Assets$87,561,617
Liabilities$36,431,822
Net Assets$51,129,795

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $10,148,8892010Revenue 2011: $10,842,776Expenses 2011: $9,580,910Net Income 2011: $1,261,8662011Expenses 2012: $10,672,7532012Revenue 2013: $17,032,427Expenses 2013: $13,390,196Net Income 2013: $3,642,2312013Revenue 2014: $15,841,865Expenses 2014: $13,936,040Net Income 2014: $1,905,8252014Revenue 2015: $13,602,179Expenses 2015: $14,011,749Net Income 2015: -$409,5702015Revenue 2016: $15,729,665Expenses 2016: $14,368,055Net Income 2016: $1,361,6102016Revenue 2017: $17,059,405Expenses 2017: $15,372,216Net Income 2017: $1,687,1892017Revenue 2018: $18,189,941Expenses 2018: $15,539,032Net Income 2018: $2,650,9092018Revenue 2019: $17,894,309Expenses 2019: $16,249,404Net Income 2019: $1,644,9052019Revenue 2020: $14,791,696Expenses 2020: $13,837,767Net Income 2020: $953,9292020Revenue 2021: $25,395,680Expenses 2021: $19,011,771Net Income 2021: $6,383,9092021Revenue 2022: $19,960,718Expenses 2022: $21,033,706Net Income 2022: -$1,072,9882022Revenue 2023: $25,404,840Expenses 2023: $22,551,550Net Income 2023: $2,853,2902023Revenue 2024: $26,630,458Expenses 2024: $26,056,692Net Income 2024: $573,7662024

Highlighted filing

2024

Revenue$26,630,458
Expenses$26,056,692
Net Income$573,766

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$87.6$36.4$51.1$26.6$26.1$0.57
2023Detailed filing. Detailed filing data is available for this year.$86.7$37.3$49.4$25.4$22.6$2.85
2022Detailed filing. Detailed filing data is available for this year.$81.2$38.0$43.2$20.0$21.0$1.07
2021Detailed filing. Detailed filing data is available for this year.$87.9$38.2$49.7$25.4$19.0$6.38
2020Detailed filing. Detailed filing data is available for this year.$83.9$43.2$40.7$14.8$13.8$0.95
2019Detailed filing. Detailed filing data is available for this year.$44.9$7.89$37.0$17.9$16.2$1.64
2018Detailed filing. Detailed filing data is available for this year.$38.4$7.08$31.3$18.2$15.5$2.65
2017Detailed filing. Detailed filing data is available for this year.$40.0$7.42$32.6$17.1$15.4$1.69
2016Detailed filing. Detailed filing data is available for this year.$35.6$7.17$28.4$15.7$14.4$1.36
2015Detailed filing. Detailed filing data is available for this year.$33.0$7.28$25.7$13.6$14.0$0.41
2014Detailed filing. Detailed filing data is available for this year.$35.8$8.67$27.2$15.8$13.9$1.91
2013Detailed filing. Detailed filing data is available for this year.$33.4$8.06$25.4$17.0$13.4$3.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.1$6.69$21.4$10.7
2011Summary only. Only limited summary data is available for this year.$24.4$6.72$17.7$10.8$9.58$1.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.2$5.85$17.3$10.1
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.1
Gross Receipts
$43,743,906
Mission and Program Overview

Mission

To advance the highest standards of the practice of anesthesiology.

The aba is a certifying body for anesthesiologists in the united states.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$38,561,421$42,374,464▲ $3,813,043
Investments Other Securities$7,469,166$8,018,491▲ $549,325
Land, Buildings, and Equipment, Net$9,280,483$7,996,578▼ $1,283,905
Cash and Non-Interest-Bearing Accounts$6,770,212$5,950,475▼ $819,737
Savings and Temporary Cash Investments$2,410,912$2,184,185▼ $226,727
Prepaid Expenses and Deferred Charges$912,702$1,030,116▲ $117,414
Accounts Receivable$175,734$431,157▲ $255,423
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$86,671,178$87,561,617▲ $890,439
Other Assets Total$21,090,548$19,576,151▼ $1,514,397
Liabilities
Other Liabilities$27,492,756$25,768,990▼ $1,723,766
Deferred Revenue$7,824,305$7,792,715▼ $31,590
Accounts Payable and Accrued Expenses$1,971,809$2,870,117▲ $898,308
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$37,288,870$36,431,822▼ $857,048
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$49,382,308$51,129,795▲ $1,747,487
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$49,382,308$51,129,795▲ $1,747,487
Total Liabilities and Net Assets / Fund Balance$86,671,178$87,561,617▲ $890,439

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$5,193,676$2,117,377$7,311,053
Other Land Buildings$2,225,202$3,356,576$5,581,778
Equipment$577,700$1,631,863$2,209,563
Other Assets Org$28,588--
Other Securities$8,018,491--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michele Pore Mba CaeExec Director, Admin AffairsFT$332,751$85,705$418,456
Kate Owenby CPAChief Finance & Business OfficerFT$246,063$81,705$327,768
Ann E Harman PhdChief Assessment OfficerFT$256,603$64,690$321,293
Michael CharbonneauChief Marketing & Communication OfficerFT$186,849$27,482$214,331
James CrawfordDirector, FinanceFT$146,790$61,195$207,985
Elgin PerryManager, Software DevelopmentFT$161,923$36,850$198,773
George BestSr Manager, InfrastructureFT$155,300$35,373$190,673
Anna MenziesDirector, Exam Development & DeliveryFT$144,327$45,426$189,753
Lori EvansSenior Qa AnalystFT$138,469$36,953$175,422
Mike KesterChief Information and Technology OfficerFT$97,459$22,166$119,625
John E Fiadjoe MdSecretary, DirectorPT$28,240$5,482$33,722
Christian Diez MdDirectorPT$25,740$7,483$33,223
Stephanie Jones MdDirectorPT$28,182$4,509$32,691
Tin-na KanDirectorPT$27,883$4,383$32,266
Vivek K Moitra MdDirectorPT$25,925$6,257$32,182
Jill Eckert MdDirectorPT$25,925$6,177$32,102
Thomas Mcloughlin MdDirectorPT$27,304$4,218$31,522
Mark T Keegan MdTreasurer, DirectorPT$25,000$4,617$29,617
Alex Macario Md MbaPresident, DirectorPT$25,740$2,707$28,447
Mohammed M Minhaj Md MbaDirectorPT$25,925$2,090$28,015
Stacie G Deiner MdVice President, DirectorPT$25,925$2,076$28,001
HODA BADR PhDDirector, Public MemberPT$25,000$1,910$26,910
Robert IsaakDirectorPT$11,435$2,502$13,937

Highest Paid Contractors

ContractorServicesLocationCompensation
Ncs Pearson INCTesting Service13036 COLLECTION CENTER DRIVE, Chicago, IL 60693$906,281
DeloitteConsulting Service1919 N LYNN STREET, Arlington, VA 22209$404,568
Ac EventsCatering Service1519 BROOKSIDE DRIVE, Raleigh, NC 27604$311,705
North Hills TransportationTransportation4208 SIX FORKS ROAD SUITE 1000, Raleigh, NC 27609$179,100
Internet Testing ServiceTesting Service3000 CHESTNUT AVENUE SUITE 400, Baltimore, MD 21211$130,945
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$23,175,309
Investment Income
$3,391,388
Other Revenue
$63,761
Change in Net Assets
$573,766

Audited Revenue Reconciliation

Revenue per Audited Statements
$26,475,657
Revenue Not Reported on Financial Statements
$154,801
Revenue Not Reported on Form 990
$1,173,721
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$27,649,378
Total Revenue per Form 990
$26,630,458
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$22,043,625
Salaries, Compensation, and Employee Benefits$3,988,067
Grants and Similar Amounts Paid$25,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$4,155,717$219,810-$4,375,527
Occupancy$1,091,544$1,364,760-$2,456,304
Other Salaries and Wages-$1,805,299-$1,805,299
Depreciation Depletion$1,167,261$443,307-$1,610,568
Other Expenses$1,521,892--$1,521,892
Current Officers, Directors, Trustees, and Key Employees-$1,401,473-$1,401,473
Information Technology$577,889$212,883-$790,772
Fees for Services Other$0$586,767$0$586,767
Pension Plan Contributions-$535,048-$535,048
Insurance-$329,193-$329,193
Payroll Taxes-$171,522-$171,522
Fees for Services Legal-$165,574-$165,574
Office Expenses$65,984$88,845-$154,829
Fees for Service Investment Mgmnt Fees-$154,801-$154,801
Fees for Services Accounting-$76,273-$76,273
Other Employee Benefits-$74,725-$74,725
Advertising-$39,371-$39,371
Grants to Domestic Orgs$25,000--$25,000
Total Functional Expenses$18,387,041$7,669,651$0$26,056,692

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$26,056,692
Expenses per Audited Statements$25,901,891
Total Expenses per Audited Statements$25,901,891
Expenses Not Reported on Financial Statements$154,801
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Foundation for Anesthesia Education and ResearchSchaumburg, IL501(c)(3)The Co-sponsored Grant by the Aba and Foundation for Anesthesia Education and Research (faer) Is Designed to Advance the Careers and Knowledge of Anesthesiologists Interested in the Key Elements of Education in Anesthesiology Curriculum, Instruction and Assessment.$25,000

International Summary

Offices
0
Employees
0
Spending
$2,530,641

International Compliance

Activity in boycott countries
Yes
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments-00$2,530,641
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal Income Taxes$25,768,990
Lease Liabilities-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 15 PROCESS TO ESTABLISH COMPENSATION

The aba has a formal salary administration system. All positions are assigned to a grade, with minimum, median and maximum salary levels calibrated to market levels. The executive and finance committee of the board of directors appraises the executive director's performance and adjusts the salary annually using a standard salary model that takes into account the performance rating and the current salary as a percentage of median.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

The board of directors is composed of 12 diplomate directors and 1 public member director. The 13 directors elect new diplomate directors and public member directors. Diplomate director nominees are selected by the seven-member triple committee, which is composed of three members from the aba, two members from the american society of anesthesiologists and two members from the american medical association. Public member nominees are selected by the 13 directors. Diplomate directors can serve three four-year terms. Public member directors can serve two three-year terms.

Form 990, Part VI, Line 11B Review of form 990 by governing body

Form 990 is distributed to all directors on the board of directors for review and comment prior to filing. Each director affirmatively indicates by email that s/he has reviewed the document.

Form 990, Part VI, Line 12C Conflict of interest policy

Directors and other appointees attest to their adherence to the conflict of interest policy upon appointment and re-appointment as well as annually.

Form 990, Part VI, Line 19 Required documents available to the public

Documents that are open for public inspection are available upon request for the same period of time as set forth in section 6104(d).

Filing and Contact Details

Filer

Filer Name
The American Board of Anesthesiology Inc
EIN
06-0646523
Phone
9197452237
Address
4200 SIX FORKS ROAD 1100, RALEIGH, NC 27609

Signing Officer

Name
Kate Owenby
Title
Cfbo
Phone
9197452237
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
1938
Legal Domicile
Ct
Voting Board Members
13
Independent Board Members
0
Employees
157
Volunteers
734

Preparer

Firm
Bdo USA
Address
421 FAYETTEVILLE ST STE 300, RALEIGH, NC 27601-1776
Preparer
Sandra L Feinsmith
Phone
9197549370
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1 DESCRIPTION OF ORGANIZATION'S MISSION

FOUNDED IN 1938, THE AMERICAN BOARD OF ANESTHESIOLOGY (ABA) SETS STANDARDS FOR CERTIFICATION, DEVELOPS EXAMINATIONS AND ASSESSMENTS, AND ISSUES CERTIFICATES TO ANESTHESIOLOGISTS WHO DEMONSTRATE THE ATTRIBUTES OF AN ABA DIPLOMATE - THOSE ATTRIBUTES DEFINED TOWARD ADVANCING THE HIGHEST STANDARDS OF THE PRACTICE OF ANESTHESIOLOGY. THE ABA ALSO MAINTAINS A REGISTRY OF CERTIFIED ANESTHESIOLOGISTS FOR USE BY THE PUBLIC, HEALTH CARE INSTITUTIONS, CREDENTIALING ORGANIZATIONS, AND PHYSICIAN PRACTICE GROUPS. IN ADDITION TO PRIMARY CERTIFICATION IN ANESTHESIOLOGY, THE ABA DEVELOPS AND ADMINISTERS SUBSPECIALTY CERTIFICATION EXAMINATIONS IN CRITICAL CARE MEDICINE, PAIN MEDICINE, PEDIATRIC ANESTHESIOLOGY and adult cardiac anesthesia; SUBSPECIALTY LONGITUDINAL ASSESSMENT FOR RECERTIFICATION IN CRITICAL CARE MEDICINE, PAIN MEDICINE, PEDIATRIC ANESTHESIOLOGY, AND ADULT CARDIAC ANESTHESIOLOGY; AND IN-TRAINING (GROWTH-IN-KNOWLEDGE) EXAMINATIONS FOR ANESTHESIOLOGY RESIDENCY AND FELLOWSHIP PROGRAMS. THROUGH ARRANGEMENTS WITH OTHER MEDICAL SPECIALTY CERTIFICATION BOARDS, ABA DIPLOMATES MAY SEEK SUBSPECIALTY CERTIFICATION IN HOSPICE AND PALLIATIVE MEDICINE, SLEEP MEDICINE, NEUROCRITICAL CARE and HALM, AS WELL AS SUBSPECIALTY RECERTIFICATION IN ALL SPECIALTIES. DIPLOMATES CERTIFIED ON OR AFTER JANUARY 1, 2000 RECEIVE TIME-LIMITED CERTIFICATES AND ARE REQUIRED TO PARTICIPATE IN THE ABA'S MAINTENANCE OF CERTIFICATION IN ANESTHESIOLOGY PROGRAM (ALSO KNOWN AS MOCA) TO MAINTAIN THEIR CERTIFICATION STATUS. DIPLOMATES WITH NON-TIME-LIMITED CERTIFICATES ARE STRONGLY ENCOURAGED TO PARTICIPATE IN MOCA. THE MOCA PROGRAM IS DESIGNED TO PROMOTE LIFELONG LEARNING AND TO HELP DIPLOMATES DEMONSTRATE THEIR COMMITMENT TO QUALITY CLINICAL OUTCOMES AND PATIENT SAFETY. THE ABA WORKS WITH ANESTHESIOLOGISTS AND OTHERS IN THE BROADER MEDICAL COMMUNITY TO DEVELOP MAINTENANCE OF CERTIFICATION PROGRAMS THAT ARE RELEVANT AND THAT REFLECT CURRENT ANESTHESIA PRACTICE. THE ABA INVESTS ITS RESERVES IN THE ADVANCEMENT OF LIFELONG LEARNING. THIS INCLUDES 1) CONDUCTING RESEARCH TO ENHANCE AND VALIDATE TOOLS DESIGNED TO MEASURE CLINICAL KNOWLEDGE AND SKILLS OF ANESTHESIOLOGISTS THROUGHOUT THEIR CAREERS, 2) EVALUATING ABA EXAMINATION SYSTEMS TO FOSTER CONTINUOUS IMPROVEMENTS THAT ALIGN WITH BEST PRACTICES IN ASSESSMENT, ADULT LEARNING AND CLINICAL PRACTICE, 3) WORKING ALONGSIDE OTHER MEDICAL SPECIALTY CERTIFICATION BOARDS AND STAKEHOLDER ORGANIZATIONS ACROSS THE SPECTRUM OF MEDICAL TRAINING AND PRACTICE TO ADVANCE HIGH-QUALITY PATIENT CARE AND CLINICAL OUTCOMES, 4) UPGRADING AND MAINTAINING OUR TECHNOLOGY FOR ALL EXAMS AND ASSESSMENTS.

Form 990, Part III, Line 4D Description of other program services

(Expenses $ 3,427,967 including grants of $ 25,000)(Revenue $ 1,426,844) OTHER

Form 990, Part III, Line 4D Description of other program services

(Expenses $ 416,331 including grants of $ 0)(Revenue $ 1,435,600) RESIDENCY TRAINING EXAMINATIONS

Schedule R, Part I ABA INTERNATIONAL, LLC

ABA International, LLC was dissolved on 12/31/2024.

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

Management evaluated the Board's tax positions and concluded that the Board had taken no uncertain tax positions that require adjustment to the consolidated financial statements.

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