Civic Intelligence

The World Medical Association Inc

EIN 13-2566243 • 501(c)3 • Chicago, IL

Profile

The purpose of the WMA is to serve humanity by endeavoring to achieve the highest international standards in Medical Education Medical Science Medical Art and Medical Ethics and Health Care for all people in the world.

Ama Plaza 330 N Wabash Suite 39300Chicago, IL 60611-5885

www.wma.net

Siviq Scores

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

Liabilities / Assets

80th percentile

0.52x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

84th percentile

0.93x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

51st percentile

4.7%

Higher net margin than 51% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

89th percentile

$326,288

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 7.1% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

87th percentile

32%

Faster asset growth than 87% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

15th percentile

-18%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets80th percentile

Assets

Up

$8,200,269

Up $1,970,591 (+32%) from 2022

Liabilities

Up

$4,285,750

Up $1,624,944 (+61%) from 2022

Net Assets

Up

$3,914,519

Up $345,647 (+9.7%) from 2022

Operations
Liabilities / Revenue84th percentileNet Margin51st percentile

Revenue

Down

$4,606,717

Down $1,035,264 (-18%) from 2022

Expenses

Down

$4,389,594

Down $1,176,997 (-21%) from 2022

Net Income

Up

$217,123

Up $141,733 (+188%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth87th percentile

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

$10M$5.0M$0Assets 2011: $3,722,025Liabilities 2011: $1,433,644Net Assets 2011: $2,288,3812011Assets 2012: $4,186,280Liabilities 2012: $1,819,784Net Assets 2012: $2,366,4962012Assets 2013: $4,193,760Liabilities 2013: $1,841,104Net Assets 2013: $2,352,6542013Assets 2014: $3,251,333Liabilities 2014: $1,199,157Net Assets 2014: $2,052,1742014Assets 2015: $2,904,428Liabilities 2015: $1,043,288Net Assets 2015: $1,861,1402015Assets 2016: $3,176,316Liabilities 2016: $1,238,275Net Assets 2016: $1,938,0412016Assets 2017: $4,050,959Liabilities 2017: $1,665,757Net Assets 2017: $2,385,2032017Assets 2018: $4,226,798Liabilities 2018: $1,692,169Net Assets 2018: $2,534,6282018Assets 2019: $4,486,543Liabilities 2019: $1,786,990Net Assets 2019: $2,699,5532019Assets 2020: $5,406,901Liabilities 2020: $1,920,125Net Assets 2020: $3,486,7762020Assets 2021: $5,590,344Liabilities 2021: $1,880,666Net Assets 2021: $3,709,6782021Assets 2022: $6,229,678Liabilities 2022: $2,660,806Net Assets 2022: $3,568,8722022Assets 2023: $8,200,269Liabilities 2023: $4,285,750Net Assets 2023: $3,914,5192023

Highlighted filing

2023

Assets$8,200,269
Liabilities$4,285,750
Net Assets$3,914,519
Open 2023 Filing

Operations Trend

Revenue Growth15th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,847,061Expenses 2011: $2,775,908Net Income 2011: $71,1532011Revenue 2012: $2,831,635Expenses 2012: $2,783,836Net Income 2012: $47,7992012Revenue 2013: $3,107,669Expenses 2013: $3,178,301Net Income 2013: -$70,6322013Revenue 2014: $2,315,454Expenses 2014: $2,313,919Net Income 2014: $1,5352014Revenue 2015: $1,982,042Expenses 2015: $1,969,545Net Income 2015: $12,4972015Revenue 2016: $2,487,801Expenses 2016: $2,340,440Net Income 2016: $147,3612016Revenue 2017: $2,896,411Expenses 2017: $2,726,659Net Income 2017: $169,7522017Revenue 2018: $2,767,498Expenses 2018: $2,510,052Net Income 2018: $257,4462018Revenue 2019: $2,528,910Expenses 2019: $2,316,179Net Income 2019: $212,7312019Revenue 2020: $2,667,519Expenses 2020: $2,129,472Net Income 2020: $538,0472020Revenue 2021: $2,740,457Expenses 2021: $2,249,053Net Income 2021: $491,4042021Revenue 2022: $5,641,981Expenses 2022: $5,566,591Net Income 2022: $75,3902022Revenue 2023: $4,606,717Expenses 2023: $4,389,594Net Income 2023: $217,1232023

Highlighted filing

2023

Revenue$4,606,717
Expenses$4,389,594
Net Income$217,123
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,200,269
Liabilities
$4,285,750
Net assets
$3,914,519
Revenue
$4,606,717
Expenses
$4,389,594
Net income
$217,123
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$8.20$4.29$3.91$4.61$4.39$0.22
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.23$2.66$3.57$5.64$5.57$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.59$1.88$3.71$2.74$2.25$0.49
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.41$1.92$3.49$2.67$2.13$0.54
2019Summary only. Only limited summary data is available for this year.$4.49$1.79$2.70$2.53$2.32$0.21
2018Summary only. Only limited summary data is available for this year.$4.23$1.69$2.53$2.77$2.51$0.26
2017Summary only. Only limited summary data is available for this year.$4.05$1.67$2.39$2.90$2.73$0.17
2016Summary only. Only limited summary data is available for this year.$3.18$1.24$1.94$2.49$2.34$0.15
2015Summary only. Only limited summary data is available for this year.$2.90$1.04$1.86$1.98$1.97$0.01
2014Summary only. Only limited summary data is available for this year.$3.25$1.20$2.05$2.32$2.31$0.00
2013Summary only. Only limited summary data is available for this year.$4.19$1.84$2.35$3.11$3.18$0.07
2012Summary only. Only limited summary data is available for this year.$4.19$1.82$2.37$2.83$2.78$0.05
2011Summary only. Only limited summary data is available for this year.$3.72$1.43$2.29$2.85$2.78$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 19, 2024
Return Version
2023v5.1
Gross Receipts
$4,618,496
Mission and Program Overview

Mission

The purpose of the WMA is to serve humanity by endeavoring to achieve the highest international standards in Medical Education Medical Science Medical Art and Medical Ethics and Health Care for all people in the world.

Acting on behalf of patients and physicians the WMA endeavors to achieve the highest possible standards of medical care ethics education and health-related human rights for all people. Advancement of healthcare by providing model policy for medicine.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$5,270,885$5,832,145▲ $561,260
Cap Stk Tr Prin Current Funds$3,619,290$3,697,393▲ $78,103
Cash and Non-Interest-Bearing Accounts$833,755$2,131,745▲ $1,297,990
Rtn Earn Endowment Incm Other Fnds$78,106$217,126▲ $139,020
Accounts Receivable$170,238$92,643▼ $77,595
Prepaid Expenses and Deferred Charges$93,850$73,208▼ $20,642
Land, Buildings, and Equipment, Net$85,295$70,528▼ $14,767
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 Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$6,454,023$8,200,269▲ $1,746,246
Other Assets Total$0$0→ $0
Liabilities
Grants Payable$1,268,121$2,556,862▲ $1,288,741
Other Liabilities$1,075,556$1,209,815▲ $134,259
Accounts Payable and Accrued Expenses$393,371$451,866▲ $58,495
Deferred Revenue$19,579$67,207▲ $47,628
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$2,756,627$4,285,750▲ $1,529,123
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,697,396$3,914,519▲ $217,123
Total Liabilities and Net Assets / Fund Balance$6,454,023$8,200,269▲ $1,746,246

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,173$-226,669-
Equipment$61,355$-337,502-
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Otmar KloiberSecretary GeneralFT$283,361$44,400$327,761
Ms Sunny ParkHead of OperationsFT$135,653-$135,653
Ms Clarisse DelormeSenior Policy AdvisorPT$124,466-$124,466

Board Members and Trustees

NameTitle
Dr JungYul ParkChair of Council
Dr Lujain AlQodmaniPresident
Dr Ashok PhilipPresidentElect
Dr Tohru KakutaVice Chair of Council
Mr Rudolf HenkeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,712,690
Program Service Revenue
$0
Investment Income
$191,414
Other Revenue
$1,702,613
All Other Contributions
$205
Change in Net Assets
$217,123

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,606,717
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,606,717
Total Revenue per Form 990
$4,606,717
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,825,868
Salaries, Compensation, and Employee Benefits$1,563,726
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$1,275,958$77,351$0$1,353,308
Current Officers, Directors, Trustees, and Key Employees$0$586,407$0$586,407
Pension Plan Contributions$0$455,214$0$455,214
Conferences and Meetings$0$437,842$0$437,842
All Other Expenses$360,114$13,547$0$373,661
Other Salaries and Wages$0$353,873$0$353,873
Travel$0$221,219$0$221,219
Payroll Taxes$0$101,562$0$101,562
Occupancy$0$0$0$91,509
Fees for Services Accounting$0$68,514$0$68,514
Other Employee Benefits$0$66,670$0$66,670
Advertising$0$59,601$0$59,601
Fees for Services Other$0$39,856$0$39,856
Depreciation Depletion$0$26,603$0$26,603
Office Expenses$0$18,673$0$18,673
Insurance$0$13,820$0$13,820
Information Technology$0$12,032$0$12,032
Fees for Services Legal$0$10,994$0$10,994
Fees for Services Management$0$-6,630$0$-6,630
Total Functional Expenses$1,636,072$2,604,064$0$4,389,594

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,389,594
Total Expenses per Audited Statements$4,389,594
Total Expenses per Form 990$4,389,594
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 6

“The WMA is a non-profit association and the delegates of its members National Medical Associations have the right to vote at its General Assembly. In addition they are represented by regional representatives to the Council of the WMA.”

Part VI, Line 7A

“The delegates of the Constituent Members National Medical Association have the right to vote to elect the President and according to their voting power. The Constituent Members can also nominate and elect the members of Council who in turn elect the Chair of Council the Vice Chair of Council Treasurer and the Chairs of Standing Committees.”

Part VI, Line 11A

“Completed Form 990 by the designated staff is sent to the external Financial Advisor Mr. Adolf Hallmayr lawyer and tax consultant for his review.”

Part VI, Line 15

“Before the first regular Council Session each year the Executive Committee please see above analyses the performance of the Secretary General as CEO of the organisation versus the strategic plan and on the basis of current developments. Based on this analysis the Executive Committee reports to the Council in closed session and recommends on a bonus if any for the Secretary General. The final decision is with the WMA Council.”

Part VIII Line 11

“| Explanation:| Ukraine medical help fund”

Filing and Contact Details

Filer

Filer Name
The World Medical Association Inc
EIN
13-2566243
In Care Of
% Dr Otmar Kloiber
Phone
3124645291
Address
AMA PLAZA 330 N WABASH SUITE 39300, CHICAGO, IL 60611-5885

Signing Officer

Name
Otmar Kloiber
Title
Secretary General
Signed
2024-08-19

Organization Details

Principal Officer
Dr Otmar Kloiber
Formed
1947
Legal Domicile
Ny
Voting Board Members
30
Independent Board Members
30
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Part V, line 3B

“The unrelated Business income of the WMA is derived from unused office space that is rented out to other parties. This income is generated in France Ferney-Voltaire and taxed in France.”

Raw XML AppendixShowing 400 of 748 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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