Civic Intelligence

J Robert Gladden Orthopaedic Society

990 • Fiscal year 2013 • EIN 36-4245550

Jan 01, 2013 to Dec 31, 2013 • Filed on Jun 06, 2014

6300 N River Rd Ste 72760018

(847) 384-4233

Siviq Scores

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

Liabilities / Assets

50th percentile

0.05x

Higher debt load relative to assets than 50% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

64th percentile

0.11x

Higher debt load relative to revenue than 64% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

50th percentile

2.8%

Higher net margin than 50% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

27th percentile

-4.0%

Faster asset growth than 27% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$538,423

Down $22,625 (-4.0%) from 2012

Net Assets

Up

$508,978

Up $16,537 (+3.4%) from 2012

Liabilities

Down

$29,445

Down $39,162 (-57%) from 2012

Revenue

$270,520

No earlier filing loaded for comparison.

Expenses

Down

$262,870

Down $18,378 (-6.5%) from 2012

Net Income

$7,650

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $678,652Liabilities 2010: $96,167Net Assets 2010: $582,4852010Assets 2011: $551,794Liabilities 2011: $48,528Net Assets 2011: $503,2662011Assets 2012: $561,048Liabilities 2012: $68,607Net Assets 2012: $492,4412012Assets 2013: $538,423Liabilities 2013: $29,445Net Assets 2013: $508,9782013Assets 2014: $575,096Liabilities 2014: $7,447Net Assets 2014: $567,6492014Assets 2015: $633,294Liabilities 2015: $36,419Net Assets 2015: $596,8752015Assets 2016: $552,434Liabilities 2016: $8,394Net Assets 2016: $544,0402016Assets 2017: $530,939Liabilities 2017: $17,319Net Assets 2017: $513,6202017Assets 2018: $554,241Liabilities 2018: $22,172Net Assets 2018: $532,0692018Assets 2019: $474,371Liabilities 2019: $17,164Net Assets 2019: $457,2072019Assets 2020: $517,081Liabilities 2020: $63,411Net Assets 2020: $453,6702020Assets 2021: $688,557Liabilities 2021: $142,435Net Assets 2021: $546,1222021Assets 2022: $749,777Liabilities 2022: $156,879Net Assets 2022: $592,8982022Assets 2023: $833,894Liabilities 2023: $143,849Net Assets 2023: $690,0452023Assets 2024: $932,484Liabilities 2024: $138,368Net Assets 2024: $794,1162024

Highlighted filing

2013

Assets$538,423
Liabilities$29,445
Net Assets$508,978

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $341,4902010Expenses 2011: $314,1492011Expenses 2012: $281,2482012Revenue 2013: $270,520Expenses 2013: $262,870Net Income 2013: $7,6502013Revenue 2014: $253,061Expenses 2014: $198,509Net Income 2014: $54,5522014Revenue 2015: $201,289Expenses 2015: $164,496Net Income 2015: $36,7932015Revenue 2016: $114,882Expenses 2016: $175,388Net Income 2016: -$60,5062016Revenue 2017: $116,833Expenses 2017: $155,180Net Income 2017: -$38,3472017Revenue 2018: $208,759Expenses 2018: $182,216Net Income 2018: $26,5432018Revenue 2019: $139,010Expenses 2019: $224,911Net Income 2019: -$85,9012019Revenue 2020: $230,833Expenses 2020: $246,197Net Income 2020: -$15,3642020Revenue 2021: $204,723Expenses 2021: $118,614Net Income 2021: $86,1092021Revenue 2022: $287,808Expenses 2022: $223,602Net Income 2022: $64,2062022Revenue 2023: $681,909Expenses 2023: $590,269Net Income 2023: $91,6402023Revenue 2024: $682,341Expenses 2024: $660,214Net Income 2024: $22,1272024

Highlighted filing

2013

Revenue$270,520
Expenses$262,870
Net Income$7,650
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 6, 2014
Return Version
2013v3.1
Gross Receipts
$270,520
Mission and Program Overview

Mission

The j. Robert gladden orthopaedic society (the society) is a national nonprofit corporation organized and operated exclusively for scientific, educational, and charitable activities to be carried on for the purpose of encouraging, promoting, and advancing the science and medical art and practice of orthopaedic surgery among under-represented minorities; to encourage the education of the general minority population in the practice and availability of orthopaedic care by developing, publishing, and copyrighting educational materials; and to encourage and to support orthopaedic related studies among minority populations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$363,895$337,707▼ $26,188
Accounts Receivable$86,878$91,073▲ $4,195
Prepaid Expenses and Deferred Charges$6,588$1,889▼ $4,699
Total Assets$561,048$538,423▼ $22,625
Other Assets Total$103,687$107,754▲ $4,067
Liabilities
Accounts Payable and Accrued Expenses$61,757$29,295▼ $32,462
Deferred Revenue$6,850$150▼ $6,700
Total Liabilities$68,607$29,445▼ $39,162
Net Assets / Fund Balance
Temporarily Rstr Net Assets$364,071$367,393▲ $3,322
Permanently Rstr Net Assets$93,321$93,396▲ $75
Unrestricted Net Assets$35,049$48,189▲ $13,140
Total Net Assets Fund Balance$492,441$508,978▲ $16,537
Total Liabilities and Net Assets / Fund Balance$561,048$538,423▼ $22,625

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$107,754--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$103,687$75▲ $8,887$-4,895$107,754
2012$93,290$4,150▲ $10,685$-4,438$103,687
2011$96,542$5,400▼ $4,391$-4,261$93,290
2010$82,109$7,400▲ $7,033-$96,542
2009$65,349$4,900▲ $11,860-$82,109
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$194,685
Program Service Revenue
$75,820
Investment Income
$15
Other Revenue
$0
All Other Contributions
$194,685
Change in Net Assets
$7,650

Audited Revenue Reconciliation

Revenue per Audited Statements
$270,520
Revenue Not Reported on Form 990
$8,887
Total Revenue per Audited Statements
$279,407
Total Revenue per Form 990
$270,520
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$138,005
Grants and Similar Amounts Paid$124,865
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$107,865--$107,865
Fees for Services Management-$62,924-$62,924
Conferences and Meetings$32,844--$32,844
Grants to Domestic Individuals$17,000--$17,000
Fees for Services Accounting-$5,525-$5,525
Insurance-$2,040-$2,040
All Other Expenses-$1,681-$1,681
Other Expenses$24,850$1,220-$1,220
Fees for Services Other-$1,000-$1,000
Office Expenses-$551-$551
Total Functional Expenses$182,559$80,311$0$262,870

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$262,870
Total Expenses per Audited Statements$262,870
Total Expenses per Form 990$262,870
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
02-0222111-3Scholarship$31,644
41-6011702-3Research$30,000
04-2103580-3Research$20,000
95-6006143-3Research$10,000
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
Yes
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 6

The society consists of seven (7) classes of membership: active, resident/fellow, affiliate, medical student, emeritus, inactive and honorary. All active, affiliate and emeritus members in good standing may cast votes on matters before the society. Only active and emeritus members are eligible to hold office in the society.

Form 990, Page 6, Part VI, Line 7A

Members are elected by majority vote of the board of directors.

Form 990, Page 6, Part VI, Line 7B

Decisions are subject of approval by the majority vote of the board.

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

An independent certified public accounting firm (cpa) prepares the society's form 990 and submits the form to the society's management for review. Within the management, the form is reviewed by a certified public accountant with extensive non profit accounting experience. The management company submits the form to the society'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 and excerpts are available on the website.

Filing and Contact Details

Filer

EIN
36-4245550
Phone
8473844233

Signing Officer

Name
Claudia L Thomas Md
Title
Treasurer
Phone
8473844233
Signed
2014-06-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eleby R Washington Iii Md
Formed
1998
Legal Domicile
Il
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
20

Preparer

Preparer
Chad Porter
Phone
8472401040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The j. Robert gladden orthopaedic society (the society) is a national nonprofit corporation organized and operated exclusively for scientific, educational, and charitable activities to be carried on for the purpose of encouraging, promoting, and advancing the science and medical art and practice of orthopaedic surgery among under-represented minorities; to encourage the education of the general minority population in the practice and availability of orthopaedic care by developing, publishing, and copyrighting educational materials; and to encourage and to support orthopaedic related studies among minority populations.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

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

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IRS990/Form990PartVIISectionAGrp/TitleTxt12SR. ADVISORY
IRS990/Form990PartVIISectionAGrp/TitleTxt13SR. ADVISORY
IRS990/Form990PartVIISectionAGrp/TitleTxt14SR. ADVISORY
IRS990/Form990PartVIISectionAGrp/TitleTxt15SR. ADVISORY
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IRS990/Form990PartVIISectionAGrp/TitleTxt18SR. ADVISORY
IRS990/Form990PartVIISectionAGrp/TitleTxt19SR. ADVISORY
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IRS990/Form990PartVIISectionAGrp/TitleTxt21COMMITTEE CH
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IRS990/MissionDesc0THE J. ROBERT GLADDEN ORTHOPAEDIC SOCIETY (THE SOCIETY) IS A NATIONAL NONPROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR SCIENTIFIC, EDUCATIONAL, AND CHARITABLE ACTIVITIES TO BE CARRIED ON FOR THE PURPOSE OF ENCOURAGING, PROMOTING, AND ADVANCING THE SCIENCE AND MEDICAL ART AND PRACTICE OF ORTHOPAEDIC SURGERY AMONG UNDER-REPRESENTED MINORITIES; TO ENCOURAGE THE EDUCATION OF THE GENERAL MINORITY POPULATION IN THE PRACTICE AND AVAILABILITY OF ORTHOPAEDIC CARE BY DEVELOPING, PUBLISHING, AND COPYRIGHTING EDUCATIONAL MATERIALS; AND TO ENCOURAGE AND TO SUPPORT ORTHOPAEDIC RELATED STUDIES AMONG MINORITY POPULATIONS.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.32$1.38$7.94$6.82$6.60$0.22
2023Detailed filing. Detailed filing data is available for this year.$8.34$1.44$6.90$6.82$5.90$0.92
2022Detailed filing. Detailed filing data is available for this year.$7.50$1.57$5.93$2.88$2.24$0.64
2021Detailed filing. Detailed filing data is available for this year.$6.89$1.42$5.46$2.05$1.19$0.86
2020Detailed filing. Detailed filing data is available for this year.$5.17$0.63$4.54$2.31$2.46$0.15
2019Detailed filing. Detailed filing data is available for this year.$4.74$0.17$4.57$1.39$2.25$0.86
2018Detailed filing. Detailed filing data is available for this year.$5.54$0.22$5.32$2.09$1.82$0.27
2017Detailed filing. Detailed filing data is available for this year.$5.31$0.17$5.14$1.17$1.55$0.38
2016Detailed filing. Detailed filing data is available for this year.$5.52$0.08$5.44$1.15$1.75$0.61
2015Detailed filing. Detailed filing data is available for this year.$6.33$0.36$5.97$2.01$1.64$0.37
2014Detailed filing. Detailed filing data is available for this year.$5.75$0.07$5.68$2.53$1.99$0.55
2013Detailed filing. Detailed filing data is available for this year.$5.38$0.29$5.09$2.71$2.63$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.61$0.69$4.92$2.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.52$0.49$5.03$3.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.79$0.96$5.82$3.41