Liabilities / Assets
61st percentile
Higher debt load relative to assets than 61% of similar nonprofits.
EIN 36-3698130 • 501(c)3 • Chicago, IL
Profile
Improve health care by assessing and advancing the quality of resident physicians' education through accreditation.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
61st percentile
Higher debt load relative to assets than 61% of similar nonprofits.
Liabilities / Revenue
60th percentile
Higher debt load relative to revenue than 60% of similar nonprofits.
Net Margin
35th percentile
Higher net margin than 35% of similar nonprofits.
Top Officer Pay
83rd percentile
Higher top officer pay than 83% of similar nonprofits.
Top officer pay equals 1.3% of source-year revenue.
Asset Growth
61st percentile
Faster asset growth than 61% of similar nonprofits.
Revenue Growth
39th percentile
Faster revenue growth than 39% of similar nonprofits.
Assets
Up$132,376,956
Up $10,324,407 (+8.5%) from 2023
Liabilities
Up$51,258,334
Up $153,090 (+0.3%) from 2023
Net Assets
Up$81,118,622
Up $10,171,317 (+14%) from 2023
Revenue
Up$88,540,135
Up $3,875,612 (+4.6%) from 2023
Expenses
Up$88,284,548
Up $8,257,276 (+10%) from 2023
Net Income
Down$255,587
Down $4,381,664 (-94%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
Improve health care and population health by assessing and enhancing the quality of resident and fellow physicians' education through advancements in accreditation and education.
Improve health care and population health by assessing and advancing the quality of resident physicians' education through accreditation.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $73,704,984 | $85,623,661 | ▲ $11,918,677 |
| Land, Buildings, and Equipment, Net | $17,244,099 | $19,226,464 | ▲ $1,982,365 |
| Savings and Temporary Cash Investments | $14,642,867 | $9,406,629 | ▼ $5,236,238 |
| Prepaid Expenses and Deferred Charges | $2,635,388 | $2,911,088 | ▲ $275,700 |
| Investments Other Securities | $2,706,658 | $2,431,817 | ▼ $274,841 |
| Accounts Receivable | $1,114,716 | $1,129,103 | ▲ $14,387 |
| Inventories for Sale or Use | $7,725 | $17,064 | ▲ $9,339 |
| Cash and Non-Interest-Bearing Accounts | $916 | $916 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Program Related | $0 | - | - |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Total Assets | $122,052,549 | $132,376,956 | ▲ $10,324,407 |
| Other Assets Total | $9,995,196 | $11,630,214 | ▲ $1,635,018 |
| Liabilities | |||
| Other Liabilities | $29,883,186 | $30,097,813 | ▲ $214,627 |
| Accounts Payable and Accrued Expenses | $12,421,077 | $15,510,840 | ▲ $3,089,763 |
| Deferred Revenue | $8,800,981 | $5,649,681 | ▼ $3,151,300 |
| Grants Payable | $0 | $0 | → $0 |
| Total Liabilities | $51,105,244 | $51,258,334 | ▲ $153,090 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $70,845,004 | $81,016,321 | ▲ $10,171,317 |
| Net Assets With Donor Restrictions | $102,301 | $102,301 | → $0 |
| Total Net Assets Fund Balance | $70,947,305 | $81,118,622 | ▲ $10,171,317 |
| Total Liabilities and Net Assets / Fund Balance | $122,052,549 | $132,376,956 | ▲ $10,324,407 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $13,787,312 | $33,958,168 | $47,745,480 |
| Leasehold Improvements | $4,677,681 | $6,052,643 | $10,730,324 |
| Equipment | $761,471 | $7,127,103 | $7,888,574 |
| Other Assets Org | $248,991 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Thomas Nasca Md | President and Chief Executive Office | FT | $883,689 | $253,249 | $1,136,938 |
| Timothy Brigham Phd | Chief of Staff and Chief Education Officer | FT | $440,961 | $489,286 | $930,247 |
| John Ogunkeye Ms | Chief Financial and Administrative Officer | FT | $517,481 | $412,215 | $929,696 |
| Kevin Weiss Md | Chief Sponsoring Institutions & Clinical Learning Environment Officer | FT | $617,287 | $295,796 | $913,083 |
| Mary Klingensmith Md | Chief Accreditation Officer | FT | $545,434 | $266,157 | $811,591 |
| John Combes Md | Chief Communications & Public Policy Officer | FT | $476,195 | $245,980 | $722,175 |
| William Mcdade Md | Chief Dei Officer | FT | $465,139 | $223,371 | $688,510 |
| Name | Title |
|---|---|
| George Thibault Md | Chair |
| Claudia Wyatt- Johnson | Immediate Past Chair, Public Director (thru 09/2024) |
| Jessica Bienstock Mph Md | Vice Chair |
| Byron Joyner Md Mpa Faap Fa | At-large Director |
| Jeffrey Gold Md | At-large Director (beg. 09/2024) |
| Andrew Dentino Md | Director |
| Benjamin Carter Fhfma CPA | Director |
| Boyd Buser Do | Director |
| Brigitte Smith Md | Director |
| Daniel Dent Md Facs | Director |
| David Tom Cooke Md | Director |
| Elizabeth Ames Md | Director |
| Gabriel Daniels Md | Director |
| Jayne Ward Do | Director |
| Jill Eckert Do | Director |
| John Patrick T Co Md | Director |
| Keith Carter Md | Director |
| Kelly Caverzagie Md | Director |
| Kenneth Veit Do | Director |
| Mary Joy Drass Md | Director |
| Mousumi Som Do | Director |
| Nicole Heath Bixler Do Mba | Director |
| Robert Danoff Do Ms | Director |
| Steven Stain Md | Director |
| Susan Enright Md | Director |
| Thomas Cavalieri Do | Director |
| Thomas Yackel Md Mph Ms Mba | Director |
| Toby Gordon Scd | Director |
| Abhishek Dharan Md | Director (beg. 09/2024) |
| Charles Morrow Jr Facs Md | Director (beg. 09/2024) |
| Courtney Merlo | Director (beg. 09/2024) |
| Joan St Onge Md | Director (beg. 09/2024) |
| Kierstin Cates Kennedy Md | Director (beg. 09/2024) |
| Kimberly Manning Md | Director (beg. 09/2024) |
| Kyla Terhune Md | Director (beg. 09/2024) |
| Mary Njoku Md | Director (beg. 09/2024) |
| Wallace Carter Md | Director (beg. 09/2024) |
| Annie Phung Do | Immediate Past Director (thru 09/2024) |
| Betty Chang Md | Immediate Past Director (thru 09/2024) |
| Helen Haskell Md | Immediate Past Director (thru 09/2024) |
| James Bagian Md | Immediate Past Director (thru 09/2024) |
| Katherine Marsh Md | Immediate Past Director (thru 09/2024) |
| Kathryn Andolsek Md | Immediate Past Director (thru 09/2024) |
| V Reid Sutton Md | Immediate Past Director (thru 09/2024) |
| Yolanda Wimberly Md | Immediate Past Director (thru 09/2024) |
| H Roger Hadley Md | Immediate Past Treasurer, Director (thru 09/2024) |
| Janice Nevin Md | Past Director (thru 03/2024) |
| Robert Gaiser Md | Past Director (thru 05/2024) |
| Norman Otsuka Md | Past Director (thru 09/2024) |
| Carmen Hooker Odom | Public Director |
| Earl Barnes Iii | Public Director |
| Eric Jonathan Mayeda | Public Director (beg. 09/2024) |
| Ezgi Tiryaki Faan Acc Md | Federal Government Rep (beg. 09/2024) |
| Witzard Seide Faap Md | Federal Government Rep (beg. 09/2024) |
| Marjorie Bowman Md | Immediate Past Federal Gov Rep (thru 09/2024) |
| Curi Kim Md Mph | Immediate Past Federal Government Rep (thru 09/2024) |
| Gabriella Gosman Md | Immediate Past Observer (thru 09/2024) |
| CHERYL O'MALLEY MD | Observer (beg. 09/2024) |
| Josepha Cheong Md | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Spencer Stuart | Professional Services | ONE LOGAN SQUARE 130 N 18TH STREET, STE 2500, Philadelphia, PA 19103 | $590,056 |
| Douglas Carlson LLC | Legal Services | 330 NORTH WABASH SUITE 3300, Chicago, IL 60611 | $565,455 |
| Richard Hasenpflug | Consulting | 4555 E MAYO BOULEVARD UNIT 15102, Phoenix, AZ 85050 | $227,500 |
| Voidbitz INC | Consulting | 8635 W HILLSBOROUGH AVE, Tampa, FL 33615 | $210,188 |
| Amidon Litman LLC | Consulting | 15 TUSCANY DRIVE, Princeton Junction, NJ 08550 | $192,000 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $53,479,923 |
| Other Expenses | $34,086,707 |
| Grants and Similar Amounts Paid | $717,918 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $30,516,589 | $8,481,841 | - | $38,998,430 |
| Travel | $7,615,890 | $400,836 | - | $8,016,726 |
| Depreciation Depletion | $5,027,678 | $1,516,301 | - | $6,543,979 |
| Other Employee Benefits | $4,266,975 | $1,286,880 | - | $5,553,855 |
| Fees for Services Other | $4,646,731 | $516,303 | $0 | $5,163,034 |
| Occupancy | $2,524,203 | $1,764,426 | - | $4,288,629 |
| Pension Plan Contributions | $3,076,589 | $927,871 | - | $4,004,460 |
| Information Technology | $2,638,287 | $1,026,000 | - | $3,664,287 |
| Payroll Taxes | $2,194,656 | $661,888 | - | $2,856,544 |
| Current Officers, Directors, Trustees, and Key Employees | $1,033,317 | $1,033,317 | - | $2,066,634 |
| Fees for Services Legal | $1,980,035 | - | - | $1,980,035 |
| Office Expenses | $139,628 | $1,256,652 | - | $1,396,280 |
| Conferences and Meetings | $1,162,275 | $61,172 | - | $1,223,447 |
| Grants to Domestic Orgs | $712,418 | - | - | $712,418 |
| Insurance | - | $446,745 | - | $446,745 |
| Fees for Service Investment Mgmnt Fees | - | $321,809 | - | $321,809 |
| Other Expenses | $179,164 | $19,980 | - | $199,144 |
| Fees for Services Accounting | - | $75,078 | - | $75,078 |
| Advertising | $69,197 | - | - | $69,197 |
| Grants to Domestic Individuals | $5,500 | - | - | $5,500 |
| Total Functional Expenses | $68,487,449 | $19,797,099 | $0 | $88,284,548 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $89,353,267 |
| Total Expenses per Form 990 | $88,284,548 |
| Expenses per Audited Statements | $87,192,029 |
| Expenses Not Reported on Form 990 | $2,161,238 |
| Expenses Not Reported on Financial Statements | $1,092,519 |
| Other Expense Adjustments | $770,710 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Josiah Macy Jr Foundation | New York, NY | 501(c)(3) | In support of the 2025 Catalyst Award for Transformation in Graduate Medical Education, co-funded with the Josiah Macy Jr. Foundation to fund 6 awards | $300,000 |
| National Academy of Sciences | Washington, DC | 501(c)(3) | Action Collaborative on Combatting Substance Use and Opioid Crises | $150,000 |
| National Academy of Sciences | Washington, DC | 501(c)(3) | Membership, Forum on the Science and Practice of Preventing Firearm Injury and Mortality | $150,000 |
| The Arnold P Gold Foundation | Englewood Cliffs, NJ | 501(c)(3) | Honorary Chair Sponsorship of 2024 Gala | $50,000 |
| National Academy of Sciences | Washington, DC | 501(c)(3) | IN SUPPORT OF "MEDICINE'S EVOLVING 'SOCIAL CONTRACT': EXAMINING THE CLINICIAN-PATIENT RELATIONSHIP IN THE CURRENT HEALTH CARE, LEGAL, AND POLITICAL ENVIRONMENTS" | $15,000 |
| The Institute for Family Health | New York, NY | 501(c)(3) | Back to Bedside Grant | $7,500 |
| The Regents of Ucla | Los Angeles, CA | 501(c)(3) | Back to Bedside Grant | $7,500 |
| Weill Cornell Medicine | New York, NY | 501(c)(3) | Back to Bedside Grant | $7,500 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| East Asia and the Pacific | Program Services | Customized Advisory Services to Help Governments and Institutions Optimize Their Postgraduate Medical Education (pgme) to Deliver Better Health Outcomes and Safety to Their Populations. | 0 | 0 | $918,411 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| 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 |
| Liability | Amount |
|---|---|
| Health Care Benefit Obligation | $20,283,363 |
| Federal Income Taxes | $9,564,748 |
| Lease Liabilities - Operating | $249,702 |
| Lease Liabilities - Finance | - |
“The members of the acgme, which nominate candidates to the acgme board, are aacom, abms, aha, ama, aoa, aamc, and cmss. The member organizations are corporately separate from the acgme, do not participate in accreditation, pay dues, or make any other monetary contribution to the acgme.”
“There are certain matters that require votes of the directors and members. They are as follows: dissolution, sale or transfer of all assets, merger, addition of a member, removal of a member, amendment of certain articles of by laws, any single capital expense that exceeds 20% of the reserve fund, aggregate capital expenses that would exceed 30% of the reserve fund in a given year, and any actions that would cause the debt to equity ratio to exceed 1.0.”
“The 990 will be posted for board members to access it before it is filed.”
“The governance committee of the acgme board directors oversees implementation of the acgme's policy on conflicts and dualities of interest. They review all disclosed conflicts and dualities for appropriate response, if any; and deliberate on breaches of the policy to make recommendations to the acgme board for action or sanctions. Acgme board members, review committee members and acgme staff are requested to complete an online web based acgme disclosure form and must be updated on an annual basis. Reports are generated and used as a tool to identity any medical education 36-3698130 accreditation council for graduate conflict and dualities in addition to self-disclosure. Should a conflict or duality arise or be identified, the individual(s) must recuse themselves from all deliberations. Additional penalties exist for covered individuals who knowingly and deliberately conceal a conflict.”
“A compensation committee exists consisting of the public members of the board of directors and any other director with no affiliation to an institution sponsoring a graduate medical education program. The compensation committee reviews independent comparisons of like positions for the ceo and cfo within the industry and in the geographic area. These comparisons are reported every two years. Additionally, an independent human resources consulting firm and independent compensation legal counsel review the process to ensure compliance.”
“A compensation committee exists consisting of the public members of the board of directors and any other director with no affiliation to an institution sponsoring a graduate medical education program. The compensation committee reviews independent comparisons of like positions for the ceo and cfo within the industry and in the geographic area. These comparisons are reported every two years. Additionally, an independent human resources consulting firm and independent compensation legal counsel review the process to ensure compliance.”
“The organization makes its governing documents and conflict of interest policy available on its own website. The financial statements are available upon request.”
“All other program service revenue - Total Revenue: 2205, Related or Exempt Function Revenue: 2205, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”
“POST-RETIREMENT HEALTH CARE BENEFIT CHANGES OTHER THAN NET PERIODIC COSTS - -210762; CONSOLIDATED ELIMINATING ENTRY - 830617; Total - 619855;”
“Postretirement healthcare benefit changes other than net periodic costs - -210762”
“RENTAL INCOME - 770710”
“Expenses from acgme international, inc. - 2161238”
“RENTAL INCOME - 770710”
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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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 15510840 |
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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 1129103 |
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| IRS990/ActivityOrMissionDesc | 0 | IMPROVE HEALTH CARE AND POPULATION HEALTH BY ASSESSING AND ADVANCING THE QUALITY OF RESIDENT PHYSICIANS' EDUCATION THROUGH ACCREDITATION. |
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| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60611 |
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| IRS990/BusinessRlnWithFamMemInd | 0 | false |
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| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | PHILADELPHIA |
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| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | PHOENIX |
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| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 3 | FL |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 4 | NJ |
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| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 8800981 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 5649681 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 1516301 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 5027678 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 6543979 |
| IRS990/Desc | 0 | THE ACGME ACCREDITS SPONSORING INSTITUTIONS AND RESIDENCY AND FELLOWSHIP PROGRAMS, CONFERS RECOGNITION ON ADDITIONAL PROGRAM FORMATS OR COMPONENTS, AND DEDICATES RESOURCES TO INITIATIVES ADDRESSING AREAS OF IMPORT IN GRADUATE MEDICAL EDUCATION. THIS FUNCTION INCLUDES SETTING AND MONITORING THE PROFESSIONAL EDUCATION STANDARDS ESSENTIAL FOR PREPARING PHYSICIANS TO DELIVER SAFE, HIGH-QUALITY CARE TO ALL AMERICANS. REQUIREMENTS ARE SET, AND COMPLIANCE WITH THOSE REQUIREMENTS IS ASSESSED, BY 29 SPECIALTY-SPECIFIC REVIEW COMMITTEES MADE UP OF VOLUNTEER PHYSICIAN EXPERTS IN THE FIELD, INCLUDING RESIDENTS/FELLOWS, AS WELL AS PUBLIC REPRESENTATIVES. ACCREDITATION REVIEW OCCURS ANNUALLY AND INCLUDES CONSIDERATION OF SEVERAL CRITICAL ELEMENTS FOR EVERY INSTITUTION AND PROGRAM, INCLUDING ANNUAL DATA UPDATES (MAINTAINED THROUGH THE ACGME'S ACCREDITATION DATA SYSTEM) OF STATISTICAL AND NARRATIVE INFORMATION, ANNUAL SURVEYS OF BOTH RESIDENTS/FELLOWS AND FACULTY MEMBERS, AND RESIDENT/FELLOW CASE LOGS. PERIODIC LOCAL SITE VISITS ARE CONDUCTED AT DIFFERENT INTERVALS, DEPENDING ON ACCREDITATION STATUS, BY ACGME FIELD REPRESENTATIVES. THE APPLICABLE ACGME REVIEW COMMITTEE REVIEWS ALL OF THIS AND OTHER INFORMATION, INCLUDING PROGRESS REPORTS IF NECESSARY, TO DETERMINE AN INSTITUTION'S OR PROGRAM'S COMPLIANCE WITH THE APPLICABLE INSTITUTIONAL, COMMON, AND/OR SPECIALTY-SPECIFIC PROGRAM REQUIREMENTS TO MAKE A DETERMINATION OF ACCREDITATION STATUS. |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 48 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 49 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 50 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 51 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 52 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 53 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 54 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 55 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 56 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 57 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 58 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 59 | 114214 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 60 | 114214 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 61 | 114214 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 62 | 114214 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 63 | 114214 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 64 | 114214 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 65 | 95084 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | GEORGE THIBAULT MD |
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