Civic Intelligence

Ases Foundation

990 • Fiscal year 2016 • EIN 36-3313192

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 24, 2017

Organization ProfileASES-ASSN.ORG
9400 W Higgins Road Ste 500Rosemont, IL 60018

(847) 384-4233

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

14th percentile

0.00x

Higher debt load relative to assets than 14% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

Higher debt load relative to revenue than 14% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

98th percentile

93%

Higher net margin than 98% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

94th percentile

70%

Faster asset growth than 94% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2016

Revenue Growth

92nd percentile

73%

Faster revenue growth than 92% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2016

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$2,217,845

Up $1,449,588 (+189%) from 2014

Net Assets

Up

$2,217,672

Up $1,452,300 (+190%) from 2014

Liabilities

Down

$173

Down $2,712 (-94%) from 2014

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin98th percentile

Revenue

Up

$1,260,120

Up $836,643 (+198%) from 2014

Expenses

Up

$86,752

Up $51,456 (+146%) from 2014

Net Income

Up

$1,173,368

Up $785,187 (+202%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2010: $304,768Net Assets 2010: $304,7682010Assets 2014: $768,257Liabilities 2014: $2,885Net Assets 2014: $765,3722014Assets 2016: $2,217,845Liabilities 2016: $173Net Assets 2016: $2,217,6722016Assets 2017: $2,763,478Liabilities 2017: $264,816Net Assets 2017: $2,498,6622017Assets 2018: $3,561,608Liabilities 2018: $3,197Net Assets 2018: $3,558,4112018Assets 2019: $4,418,313Liabilities 2019: $145,343Net Assets 2019: $4,272,9702019Assets 2020: $4,767,522Liabilities 2020: $40,434Net Assets 2020: $4,727,0882020Assets 2021: $5,928,281Liabilities 2021: $251,854Net Assets 2021: $5,676,4272021Assets 2022: $5,579,098Liabilities 2022: $285,650Net Assets 2022: $5,293,4482022Assets 2023: $6,166,369Liabilities 2023: $126,193Net Assets 2023: $6,040,1762023Assets 2024: $8,732,414Liabilities 2024: $562,885Net Assets 2024: $8,169,5292024

Highlighted filing

2016

Assets$2,217,845
Liabilities$173
Net Assets$2,217,672
Open 2016 Filing

Operations Trend

Revenue Growth92nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0Revenue 2010: $78,130Expenses 2010: $4,677Net Income 2010: $73,4532010Revenue 2014: $423,477Expenses 2014: $35,296Net Income 2014: $388,1812014Revenue 2016: $1,260,120Expenses 2016: $86,752Net Income 2016: $1,173,3682016Revenue 2017: $510,332Expenses 2017: $378,971Net Income 2017: $131,3612017Revenue 2018: $1,687,734Expenses 2018: $428,029Net Income 2018: $1,259,7052018Revenue 2019: $894,801Expenses 2019: $501,543Net Income 2019: $393,2582019Revenue 2020: $762,308Expenses 2020: $537,939Net Income 2020: $224,3692020Revenue 2021: $1,238,897Expenses 2021: $568,806Net Income 2021: $670,0912021Revenue 2022: $1,911,127Expenses 2022: $1,608,264Net Income 2022: $302,8632022Revenue 2023: $1,731,452Expenses 2023: $1,522,917Net Income 2023: $208,5352023Revenue 2024: $4,101,031Expenses 2024: $2,372,340Net Income 2024: $1,728,6912024

Highlighted filing

2016

Revenue$1,260,120
Expenses$86,752
Net Income$1,173,368
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 24, 2017
Return Version
2016v3.0
Gross Receipts
$1,260,120
Mission and Program Overview

Mission

Perform and assist in carrying out charitable and educational functions and purposes of the american shoulder and elbow surgeons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$407,483$1,453,311▲ $1,045,828
Cash and Non-Interest-Bearing Accounts$549,528$688,019▲ $138,491
Pledges and Grants Receivable$72,231$63,845▼ $8,386
Accounts Receivable$15,439$12,400▼ $3,039
Total Assets$1,045,457$2,217,845▲ $1,172,388
Other Assets Total$776$270▼ $506
Liabilities
Accounts Payable and Accrued Expenses$2,895$173▼ $2,722
Total Liabilities$2,895$173▼ $2,722
Net Assets / Fund Balance
Unrestricted Net Assets$-10,201$1,004,809▲ $1,015,010
Temporarily Rstr Net Assets$798,763$958,863▲ $160,100
Permanently Rstr Net Assets$254,000$254,000→ $0
Total Net Assets Fund Balance$1,042,562$2,217,672▲ $1,175,110
Total Liabilities and Net Assets / Fund Balance$1,045,457$2,217,845▲ $1,172,388

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$281,211-▲ $388-$278,599
2015$287,370$2,000▲ $447-$281,211
2014$282,588$11,000▼ $318-$287,370
2013$267,138$5,500▲ $15,915-$282,588
2012$248,511$8,500▲ $21,058-$267,138
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Jonathan B Ticker MdPresident
Anand M Murthi MdTrustee
Anthony Miniaci Md FrcscTrustee
Jon Jp Warner MdTrustee
Richard J Hawkins MdTrustee
Robert H Bell MdTrustee
Jesse B Jupiter MdPast Preside
C Craig Satterlee MdSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$1,226,210
Program Service Revenue
$0
Investment Income
$33,910
Other Revenue
$0
All Other Contributions
$201,210
Change in Net Assets
$1,173,368

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,253,660
Revenue Not Reported on Financial Statements
$6,460
Revenue Not Reported on Form 990
$1,742
Total Revenue per Audited Statements
$1,255,402
Total Revenue per Form 990
$1,260,120
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$66,498
Other Expenses$20,254
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$58,712--$58,712
Fees for Services Legal-$7,831-$7,831
Grants to Domestic Individuals$7,786--$7,786
Fees for Service Investment Mgmnt Fees-$6,460-$6,460
Fees for Services Accounting-$4,100-$4,100
Other Expenses-$723-$723
Total Functional Expenses$66,498$20,254$0$86,752

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$86,752
Expenses per Audited Statements$80,292
Total Expenses per Audited Statements$80,292
Expenses Not Reported on Financial Statements$6,460
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Emory UniversityAtlanta, GA3Research$20,000
Yale UniversityNew Haven, CT3Research$19,967
American Shoulder & Elbow SurgeonsRosemont, IL3Research$10,000
Arthroscopy Association of North AmRosemont, IL3Research$8,745
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“Management duties are performed by employees of the american academy of orthopaedic surgeons.”

Form 990, Page 6, Part VI, Line 11B

“An independent certified public accounting firm (cpa) prepares the foundation's form 990 and submits the form to the foundation's management for review. Within management, the form is reviewed by a certified public accountant with extensive nonprofit accounting experience. The management company submits the form to the foundation's treasurer for review. An electronic copy of the form is also provided to all voting members of the board for review. Questions and comments on the form by the treasurer and board members are directed back to the cpa and internal accountant for resolution. After all discussion points are resolved, the forms are finalized and provided to the treasurer for final review and signature.”

Form 990, Page 6, Part VI, Line 12C

“Interested parties must disclose their position prior to engaging in any transaction that gives rise to conflict. The conflict is then evaluated by the executive committee.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Ases Foundation
EIN
36-3313192
Phone
8473844233
Address
9400 W HIGGINS ROAD STE 500, ROSEMONT, IL 60018

Signing Officer

Name
C Craig Satterlee Md
Title
Secretary/treasurer
Phone
8473844233
Signed
2017-07-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan B Ticker Md
Formed
1984
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
15

Preparer

Firm
Kutchins Robbins & Diamond Ltd
Address
1101 PERIMETER DR STE 760, SCHAUMBURG, IL 60173
Preparer
Chad Porter
Phone
8472401040
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“The foundation's endowment funds are to be held in perpetuity and investment income is to be utilized for the foundation's mission.”

Raw XML AppendixShowing 400 of 480 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02895
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0173
IRS990/AccountsReceivableGrp/BOYAmt015439
IRS990/AccountsReceivableGrp/EOYAmt012400
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PERFORM AND ASSIST IN CARRYING OUT CHARITABLE AND EDUCATIONAL FUNCTIONS AND PURPOSES OF THE AMERICAN SHOULDER AND ELBOW SURGEONS.
IRS990/AllOtherContributionsAmt0201210
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0ANNA GREENE
IRS990/BooksInCareOfDetail/PhoneNum08473844233
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt09400 W HIGGINS ROAD STE 500
IRS990/BooksInCareOfDetail/USAddress/CityNm0ROSEMONT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060018
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0549528
IRS990/CashNonInterestBearingGrp/EOYAmt0688019
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01226210
IRS990/CYGrantsAndSimilarPaidAmt066498
IRS990/CYInvestmentIncomeAmt033910
IRS990/CYOtherExpensesAmt020254
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01173368
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt086752
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01260120
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/Desc0FOSTER RESEARCH RELATIVE TO THE SHOULDER AND ELBOW BY PROVIDING GRANTS TO PRESENTERS OF SCIENTIFIC PAPERS RELATING TO THE SCIENCE, DIAGNOSIS, TREATMENTS, AND DEVELOPMENTS IN THE SHOULDER AND ELBOW.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt066498
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04100
IRS990/FeesForServicesAccountingGrp/TotalAmt04100
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt07831
IRS990/FeesForServicesLegalGrp/TotalAmt07831
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt06460
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt06460
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0JONATHAN B TICKER MD
IRS990/Form990PartVIISectionAGrp/PersonNm1JESSE B JUPITER MD
IRS990/Form990PartVIISectionAGrp/PersonNm2C CRAIG SATTERLEE MD
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT H BELL MD
IRS990/Form990PartVIISectionAGrp/PersonNm4RICHARD J HAWKINS MD
IRS990/Form990PartVIISectionAGrp/PersonNm5ANTHONY MINIACI MD FRCSC
IRS990/Form990PartVIISectionAGrp/PersonNm6ANAND M MURTHI MD
IRS990/Form990PartVIISectionAGrp/PersonNm7JON JP WARNER MD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PAST PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt066498
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt07786
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt07786
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt058712
IRS990/GrantsToDomesticOrgsGrp/TotalAmt058712
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01260120
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt033910
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt033910
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0407483
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01453311
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PERFORM AND ASSIST IN CARRYING OUT CHARITABLE AND EDUCATIONAL FUNCTIONS AND PURPOSES OF THE AMERICAN SHOULDER AND ELBOW SURGEONS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01042562
IRS990/NetAssetsOrFundBalancesEOYAmt02217672
IRS990/NetUnrlzdGainsLossesInvstAmt01742
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0776
IRS990/OtherAssetsTotalGrp/EOYAmt0270
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS EXP.
IRS990/OtherExpensesGrp/Desc1BANK CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01140
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1723
IRS990/OtherExpensesGrp/TotalAmt01140
IRS990/OtherExpensesGrp/TotalAmt1723
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0254000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0254000
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt072231
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt063845
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JONATHAN B TICKER MD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0332315
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt022919
IRS990/PYInvestmentIncomeAmt015432
IRS990/PYOtherExpensesAmt011998
IRS990/PYRevenuesLessExpensesAmt0312830
IRS990/PYTotalExpensesAmt034917
IRS990/PYTotalRevenueAmt0347747
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01173368
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt01025000
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0COMMON BOARD WITH 501C6, EXAMINED IRS DETERMINATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1COMMON BOARD, ALL SUPPORT FOR RESEARCH AND EDUCATIONAL PURPOSES.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 3B
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION A, LINE 3C
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0411474626
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01025000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0AMERICAN SHOULDER & ELBOW SURGEONS
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt01025000
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0281211
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0278599
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0-3000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0388
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0-5606
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0287370
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt02000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0281211
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-3000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0447
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0-2900
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0282588
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt011000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0287370
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-3000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-318
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0-2965
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0267138
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt05500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0282588
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-3000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt015915
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0-9431
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0248511
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt08500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0267138
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-1500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt021058
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt06460
IRS990ScheduleD/ExpensesSubtotalAmt080292
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt06460
IRS990ScheduleD/InvestmentExpensesNotIncldAmt06460
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01742
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.91180
IRS990ScheduleD/RevenueNotReportedAmt01742
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt06460
IRS990ScheduleD/RevenueSubtotalAmt01253660
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S ENDOWMENT FUNDS ARE TO BE HELD IN PERPETUITY AND INVESTMENT INCOME IS TO BE UTILIZED FOR THE FOUNDATION'S MISSION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.08820
IRS990ScheduleD/TotalExpensesPerForm990Amt086752
IRS990ScheduleD/TotalRevenuePerForm990Amt01260120
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01255402
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt080292
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt03000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt14786
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0NEER AWARD
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1ROCKWOOD GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt02
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt18
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/CashGrantAmt18745
IRS990ScheduleI/RecipientTable/CashGrantAmt219967
IRS990ScheduleI/RecipientTable/CashGrantAmt320000
IRS990ScheduleI/RecipientTable/IRCSectionDesc03
IRS990ScheduleI/RecipientTable/IRCSectionDesc13
IRS990ScheduleI/RecipientTable/IRCSectionDesc23
IRS990ScheduleI/RecipientTable/IRCSectionDesc33
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3RESEARCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0AMERICAN SHOULDER & ELBOW SURGEONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1ARTHROSCOPY ASSOCIATION OF NORTH AM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2YALE UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3EMORY UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0411474626
IRS990ScheduleI/RecipientTable/RecipientEIN1364799460
IRS990ScheduleI/RecipientTable/RecipientEIN2060646973
IRS990ScheduleI/RecipientTable/RecipientEIN3580566256
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt09400 W HIGGINS ROAD SUITE 500
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt19400 W HIGGINS ROAD SUITE 200
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2PO BOX 1873
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3PO BOX 93508
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ROSEMONT
IRS990ScheduleI/RecipientTable/USAddress/CityNm1ROSEMONT
IRS990ScheduleI/RecipientTable/USAddress/CityNm2NEW HAVEN
IRS990ScheduleI/RecipientTable/USAddress/CityNm3ATLANTA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2CT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3GA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060018
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd160018
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd206508
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd331193
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0RECIPIENTS MUST MEET CERTAIN CRITERIA TO BE ELIGIBLE FOR GRANTS FROM THE ORGANIZATION. THE RECIPIENT MUST BE PRESENT AT THE ANNUAL MEETING.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt04
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT DUTIES ARE PERFORMED BY EMPLOYEES OF THE AMERICAN ACADEMY OF ORTHOPAEDIC SURGEONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM (CPA) PREPARES THE FOUNDATION'S FORM 990 AND SUBMITS THE FORM TO THE FOUNDATION'S MANAGEMENT FOR REVIEW. WITHIN MANAGEMENT, THE FORM IS REVIEWED BY A CERTIFIED PUBLIC ACCOUNTANT WITH EXTENSIVE NONPROFIT ACCOUNTING EXPERIENCE. THE MANAGEMENT COMPANY SUBMITS THE FORM TO THE FOUNDATION'S TREASURER FOR REVIEW. AN ELECTRONIC COPY OF THE FORM IS ALSO PROVIDED TO ALL VOTING MEMBERS OF THE BOARD FOR REVIEW. QUESTIONS AND COMMENTS ON THE FORM BY THE TREASURER AND BOARD MEMBERS ARE DIRECTED BACK TO THE CPA AND INTERNAL ACCOUNTANT FOR RESOLUTION. AFTER ALL DISCUSSION POINTS ARE RESOLVED, THE FORMS ARE FINALIZED AND PROVIDED TO THE TREASURER FOR FINAL REVIEW AND SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INTERESTED PARTIES MUST DISCLOSE THEIR POSITION PRIOR TO ENGAGING IN ANY TRANSACTION THAT GIVES RISE TO CONFLICT. THE CONFLICT IS THEN EVALUATED BY THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0ASES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0AMERICAN SHOULDER AND ELBOW SURGEON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0411474626
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt09400 W HIGGINS ROAD SUITE 500
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0ROSEMONT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd060018
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01025000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt110000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0AMERICAN SHOULDER & ELBOW SURGEONS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1AMERICAN SHOULDER & ELBOW SURGEONS
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1B
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,217,845
Liabilities
$173
Net assets
$2,217,672
Revenue
$1,260,120
Expenses
$86,752
Net income
$1,173,368
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.73$0.56$8.17$4.10$2.37$1.73
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.17$0.13$6.04$1.73$1.52$0.21
2022Detailed filing. Detailed filing data is available for this year.$5.58$0.29$5.29$1.91$1.61$0.30
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.93$0.25$5.68$1.24$0.57$0.67
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.77$0.04$4.73$0.76$0.54$0.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.42$0.15$4.27$0.89$0.50$0.39
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.56$0.00$3.56$1.69$0.43$1.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.76$0.26$2.50$0.51$0.38$0.13
2016Detailed filing. Detailed filing data is available for this year.$2.22$0.00$2.22$1.26$0.09$1.17
2014Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.42$0.04$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.30$0.08$0.00$0.07