Civic Intelligence

American College of Phlebology

EIN 33-0180128 • 501(c)3 • San Leandro, CA

Profile

To advance vein care. To be members indispensable resource for education, knowledge exchange, and practice management; a powerful advocate for excellence in vein care; and a leader in basic and clinical research in vein care.

Refreshing map…

101 Callan AvenueSan Leandro, CA 94577

www.phlebology.org

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.48x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

77th percentile

0.37x

Higher debt load relative to revenue than 77% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

14th percentile

-20%

Higher net margin than 14% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

78th percentile

$133,638

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

13th percentile

-14%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

14th percentile

-23%

Faster revenue growth than 14% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,585,588

Down $267,558 (-14%) from 2016

Liabilities

Up

$763,564

Up $143,397 (+23%) from 2016

Net Assets

Down

$822,024

Down $410,955 (-33%) from 2016

Revenue

Down

$2,076,321

Down $615,278 (-23%) from 2016

Expenses

Down

$2,487,276

Down $298,568 (-11%) from 2016

Net Income

Down

-$410,955

Down $316,710 (-336%) from 2016

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $914,704Liabilities 2010: $444,953Net Assets 2010: $469,7512010Assets 2011: $1,363,585Liabilities 2011: $777,416Net Assets 2011: $586,1692011Assets 2012: $1,206,997Liabilities 2012: $518,728Net Assets 2012: $688,2692012Assets 2013: $3,740,661Liabilities 2013: $3,086,329Net Assets 2013: $654,3322013Assets 2014: $2,547,245Liabilities 2014: $1,028,230Net Assets 2014: $1,519,0152014Assets 2015: $2,284,920Liabilities 2015: $957,696Net Assets 2015: $1,327,2242015Assets 2016: $1,853,146Liabilities 2016: $620,167Net Assets 2016: $1,232,9792016Assets 2017: $1,585,588Liabilities 2017: $763,564Net Assets 2017: $822,0242017

Highlighted filing

2017

Assets$1,585,588
Liabilities$763,564
Net Assets$822,024

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,996,6352010Expenses 2011: $2,118,5722011Expenses 2012: $2,193,2752012Expenses 2013: $2,353,5582013Revenue 2014: $4,472,331Expenses 2014: $3,607,648Net Income 2014: $864,6832014Revenue 2015: $2,528,393Expenses 2015: $2,720,184Net Income 2015: -$191,7912015Revenue 2016: $2,691,599Expenses 2016: $2,785,844Net Income 2016: -$94,2452016Revenue 2017: $2,076,321Expenses 2017: $2,487,276Net Income 2017: -$410,9552017

Highlighted filing

2017

Revenue$2,076,321
Expenses$2,487,276
Net Income-$410,955

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$2,094,852
Mission and Program Overview

Mission

To advance vein care. To be members indispensable resource for education, knowledge exchange, and practice management; a powerful advocate for excellence in vein care; and a leader in basic and clinical research in vein care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$469,844$283,122▼ $186,722
Cash and Non-Interest-Bearing Accounts$259,691$252,906▼ $6,785
Accounts Receivable$272,443$219,805▼ $52,638
Prepaid Expenses and Deferred Charges$101,838$117,926▲ $16,088
Land, Buildings, and Equipment, Net$24,057$21,710▼ $2,347
Other Notes and Loans Receivable, Net$14,000$12,000▼ $2,000
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,853,146$1,585,588▼ $267,558
Other Assets Total$711,273$678,119▼ $33,154
Liabilities
Deferred Revenue$592,237$642,942▲ $50,705
Accounts Payable and Accrued Expenses$27,930$120,622▲ $92,692
Total Liabilities$620,167$763,564▲ $143,397
Net Assets / Fund Balance
Unrestricted Net Assets$1,232,979$822,024▼ $410,955
Total Net Assets Fund Balance$1,232,979$822,024▼ $410,955
Total Liabilities and Net Assets / Fund Balance$1,853,146$1,585,588▼ $267,558

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,814$84,188$95,002
Other Land Buildings$6,707$44,421$51,128
Leasehold Improvements$4,189$25,054$29,243
Other Assets Org$9,224--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Keith DarbyInterim Exe DirectorPT$133,638$133,638
Bruce SandersPast Exec DirectorPT$33,375$33,375
Dean BenderExec DirectorPT$6,846$6,846

Highest Paid Contractors

ContractorServicesLocationCompensation
Anaheim MariottAnnual Meeting700 W Convention Way, Anaheim, CA 92802$569,731
Sl 101 LLCOffice lease8080 Tristar Drive, Irving, TX 75063$110,565
Sage PublicationsPublication99 Callan Ave, San Leandro, CA 94577-4558$107,829
Event Technology ServicesMeetings Management-$98,067
ACP FoundationShared Ofc Exp101 CALLAN AVENUE, San Leandro, CA 94577-4558, Uk$87,587
Revenue and Support

Revenue Composition

Contributions and Grants
$104,142
Program Service Revenue
$1,940,491
Investment Income
$3,502
Other Revenue
$28,186
Change in Net Assets
$-410,955

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,076,321
Total Revenue per Audited Statements
$2,076,321
Total Revenue per Form 990
$2,076,321
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,647,393
Salaries, Compensation, and Employee Benefits$834,883
Grants and Similar Amounts Paid$5,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$964,376$11,322-$975,698
Other Salaries and Wages$334,352$221,599-$555,951
Current Officers, Directors, Trustees, and Key Employees$36,790$120,368-$157,158
All Other Expenses$93,967$29,356-$123,323
Occupancy-$103,346-$103,346
Fees for Services Other-$69,218-$69,218
Other Expenses$64,210$57,903-$57,903
Payroll Taxes$29,283$26,589-$55,872
Other Employee Benefits$25,446$23,105-$48,551
Office Expenses-$30,659-$30,659
Information Technology-$17,773-$17,773
Pension Plan Contributions$9,094$8,257-$17,351
Depreciation Depletion$4,189$7,535-$11,724
Fees for Services Accounting-$10,147-$10,147
Foreign Grants$5,000--$5,000
Insurance-$1,838-$1,838
Total Functional Expenses$1,674,824$812,452$0$2,487,276

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,487,276
Total Expenses per Audited Statements$2,487,276
Total Expenses per Form 990$2,487,276
International Activity

International Summary

Spending
$5,000

International Compliance

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia & the PacificInternational ScholarshipScholarships00$2,500
Russia & Neighboring StatesInternational ScholarshipScholarships00$2,500
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

This organization shall have five classes of members with voting rights, member physicians, member non-physicians, active members, fellows and honorary members. Members of this corporation shall have the right to vote on: (a) the election of directors; (b) the removal of directors pursuant to section 5222 of the california nonprofit public benefit corporation law; (c) any amendment to these bylaws that materially and adversely affects member voting rights, and all amendments to the articles of incorporation of this corporation, except for amendments permitted to be adopted by the board of directors alone under section 5812(b) of the california nonprofit public benefit corporation law; (d) the disposition of all or substantially all of the assets of this corporation; (e) any merger of this corporation; (f) any dissolution of this corporation; and (g) any other matters that may properly be presented to members for a vote, pursuant to this corporation's articles, bylaws, or action of the board of directors, or by operation of law.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

SEE 7A

Form 990, Part VI, Line 11B: Form 990 Review Process

A DRAFT OF THE RETURN IS COMPILED JOINTLY BY THE TAX PREPARER AND THE Organization's CFO. Prior to filing the tax preparer will submit a DRAFT copy electronically for REVIEW BY THE CFO AND THE Board of Directors. Upon approval of the draft copy, a FINAL RETURN IS THEN REsubmitted to taxpayer for a FINAL review. UPON ACCEPTANCE THE E-File authorization form IS THEN submitted to the taxpayer and SIGNED BY an appropriate OFFICER, returned to the preparer AND the RETURN is submitted to be e-filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All officers, directors & key employees are required to submit a conflict of interest (coi) form listing any/all conflicts, prior to each board or committee meeting. Coi's are updated every six months in march and september. The first agenda item for all meetings is to review & update as needed all coi statements. If during board or committee deliberations there are any conflicts or appearances thereof, the member is asked to recuse themselves from those deliberations. If the policy is violated, appropriate disciplinary and corrective actions are taken. (full coi policy is posted on the acp website.)

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Compensation for the top management officer (executive director) and top financial officer (director of finance) was determined by using salary survey data from 501(c)(3) membership organizations with comparable: geographic markets, revenues; staff size; and type of organization. The executive committee of the board was tasked with reviewing salary data and making final compensation recommendations to the full board. The full voting board ratified the compensation figures. (staff officers in question were excluded from all deliberations.) this process was undertaken most recently in 2008 for both officers.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization's articles of incorporation and bylaws are available upon request, as posted on our website. The conflict of interest policy is a pdf link on the website. The financial statements, like the governing documents, are made available to the public upon request, as posted on organization's website.

Filing and Contact Details

Filer

Filer Name
American College of Phlebology
EIN
33-0180128
Phone
5103466800
Address
101 CALLAN AVENUE, SAN LEANDRO, CA 94577

Signing Officer

Name
Dean Bender
Title
Executive Director
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dean Bender
Formed
1985
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
Employees
17

Preparer

Firm
Steven M Weinberg CPA
Address
PO Box 183, Deerfield, IL 60015-0183
Preparer
Steven M Weinberg
Phone
8479488011
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: International Scholarships - Avaliable to international members as well as non-members. The purpose of this award is to help individuals from outside of the United States travel to study and learn additional phlebological techniques and procedures with their colleagues at the ACP's Annual Congress. OTHER PROGRAM SERVICES 5: DeGroot Fellowship and Research Grant - ACP offers grants aimed at promoting research in phlebology and developing future research leaders in the field. OTHER PROGRAM SERVICES 6: Other Program Services include member services, website to update members and the public on vein care. Programs offered to members and general public relating to education and research in ther field of phlebology. OTHER PROGRAM SERVICES 7: TRAINING CENTER - Various courses are offered as educational activities for physicians and allied health professionals involved in the evaluation and treatment of venous diseases. Also, aLLOWS THE cOLLEGE to further fulfill its mission as resource for educational offerings such as Ultrasound Training, Phlebology Review Courses, and Nursing Sclerotherapy Training. OTHER PROGRAM SERVICES 8: Distance Learning - Continuing medical education programs that delivers instruction through the ACP Online Education Center for those not physically present in a traditional learning format (such as a classroom or live confrence). The ACP Online Education Center is a great option for vein care professionals who dont have the time or resources to travel or take an in-person course. It offers courses and modules for all ranges of vein care professionals. Many courses are certified for AMA PRA Category 1 Credits for continuing physician education. OTHER PROGRAM SERVICES 9: ACP PRO Venous Registry - The Registry is a database, and unique in that it incorporates both physician and patient reported outcome (PRO) data through theuse of ACP certified EMR systems, allowing users to benchmark their uploaded EMR data against that of the full database. The Database consists of data received from vein clinics or individual practices and is Compliant with all medical and professional standards. OTHER PROGRAM SERVICES 10: Continuing Medical Education - The ACP is an experienced and recognized leader in developing quality educational activities for physicians and allied health professionals involved in the evaluation and treatment of venous diseases. Participation in the ACPs accredited CME program allows practitioners and allied health professionals specializing in phlebology to continually improve the quality of their practice and patient care, as well as maintain licensure and board certification. The ACP is accredited by the Accreditation Council for Continuing Medical Education (ACCME) to provide continuing medical education (CME) for physicians. ACCME accreditation is a national standard, ensuring that continuing medical education is consistent, effective and current.

Financial Statement Notes

Part X : FIN48 Footnote

ACP accounts for uncertain tax positions in accordance with the standards included in FASB Accounting Standard Codification (ASC) Topic 740, Income Taxes which provides that a tax benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on technical merits. This interpretation also provides guidance on measurement, derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The only tax years subject to tax examination are for those years within the statutory limits.

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