Civic Intelligence

Association of Bone and Joint Surgeons

990 • Fiscal year 2013 • EIN 42-0848331

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 10, 2014

300 S Northwest Hwy Suite 20360068

(847) 737-8945

Siviq Scores

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

Liabilities / Assets

14th percentile

0.01x

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

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

16th percentile

0.05x

Higher debt load relative to revenue than 16% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Net Margin

86th percentile

37%

Higher net margin than 86% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

44th percentile

$147,276

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Asset Growth

84th percentile

18%

Faster asset growth than 84% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M 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

Up

$14,808,265

Up $2,222,503 (+18%) from 2012

Net Assets

Up

$14,608,557

Up $2,138,233 (+17%) from 2012

Liabilities

Up

$199,708

Up $84,270 (+73%) from 2012

Revenue

$4,147,335

No earlier filing loaded for comparison.

Expenses

Down

$2,599,080

Down $86,754 (-3.2%) from 2012

Net Income

$1,548,255

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.

$60M$40M$20M$0Assets 2010: $10,240,692Liabilities 2010: $1,027,007Net Assets 2010: $9,213,6852010Assets 2011: $10,824,228Liabilities 2011: $1,093,497Net Assets 2011: $9,730,7312011Assets 2012: $12,585,762Liabilities 2012: $115,438Net Assets 2012: $12,470,3242012Assets 2013: $14,808,265Liabilities 2013: $199,708Net Assets 2013: $14,608,5572013Assets 2014: $15,869,572Liabilities 2014: $200,044Net Assets 2014: $15,669,5282014Assets 2015: $17,238,959Liabilities 2015: $213,255Net Assets 2015: $17,025,7042015Assets 2016: $19,941,091Liabilities 2016: $415,647Net Assets 2016: $19,525,4442016Assets 2017: $25,455,045Liabilities 2017: $765,883Net Assets 2017: $24,689,1622017Assets 2018: $24,064,905Liabilities 2018: $826,096Net Assets 2018: $23,238,8092018Assets 2019: $28,034,336Liabilities 2019: $650,107Net Assets 2019: $27,384,2292019Assets 2020: $32,173,565Liabilities 2020: $707,684Net Assets 2020: $31,465,8812020Assets 2021: $37,140,266Liabilities 2021: $874,762Net Assets 2021: $36,265,5042021Assets 2022: $33,162,084Liabilities 2022: $758,778Net Assets 2022: $32,403,3062022Assets 2023: $37,269,330Liabilities 2023: $521,895Net Assets 2023: $36,747,4352023Assets 2024: $41,823,626Liabilities 2024: $522,154Net Assets 2024: $41,301,4722024

Highlighted filing

2013

Assets$14,808,265
Liabilities$199,708
Net Assets$14,608,557

Operations Trend

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

$6.0M$4.0M$2.0M$0Expenses 2010: $2,411,8652010Expenses 2011: $2,585,8102011Expenses 2012: $2,685,8342012Revenue 2013: $4,147,335Expenses 2013: $2,599,080Net Income 2013: $1,548,2552013Revenue 2014: $4,371,527Expenses 2014: $3,182,915Net Income 2014: $1,188,6122014Revenue 2015: $4,631,192Expenses 2015: $3,023,750Net Income 2015: $1,607,4422015Revenue 2016: $4,908,198Expenses 2016: $3,211,200Net Income 2016: $1,696,9982016Revenue 2017: $5,440,866Expenses 2017: $3,177,485Net Income 2017: $2,263,3812017Revenue 2018: $3,258,806Expenses 2018: $2,939,465Net Income 2018: $319,3412018Revenue 2019: $3,590,631Expenses 2019: $3,014,430Net Income 2019: $576,2012019Revenue 2020: $3,904,661Expenses 2020: $2,556,429Net Income 2020: $1,348,2322020Revenue 2021: $4,352,831Expenses 2021: $3,037,840Net Income 2021: $1,314,9912021Revenue 2022: $5,359,025Expenses 2022: $3,172,328Net Income 2022: $2,186,6972022Revenue 2023: $4,409,182Expenses 2023: $3,448,969Net Income 2023: $960,2132023Revenue 2024: $5,019,116Expenses 2024: $3,467,900Net Income 2024: $1,551,2162024

Highlighted filing

2013

Revenue$4,147,335
Expenses$2,599,080
Net Income$1,548,255
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 10, 2014
Return Version
2013v3.1
Gross Receipts
$4,147,335
Mission and Program Overview

Mission

The association of bone and joint surgeons (the association) is a nonprofit corporation, organized to exchange information, stimulate development and advancement of orthopaedic surgery, train leaders, sponsor and contribute to the scientific aspects of, and clinical research in, orthopaedic surgery, and sponsor publication of the scientific journal, clinical orthopaedics and related research (corr).

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,987,623$11,527,580▲ $2,539,957
Land, Buildings, and Equipment, Net$1,393,666$1,338,698▼ $54,968
Cash and Non-Interest-Bearing Accounts$1,249,844$955,823▼ $294,021
Prepaid Expenses and Deferred Charges$215,276$138,319▼ $76,957
Accounts Receivable$40,421$30,666▼ $9,755
Total Assets$12,585,762$14,808,265▲ $2,222,503
Other Assets Total$698,932$817,179▲ $118,247
Liabilities
Accounts Payable and Accrued Expenses$93,938$187,279▲ $93,341
Deferred Revenue$21,500$12,429▼ $9,071
Total Liabilities$115,438$199,708▲ $84,270
Net Assets / Fund Balance
Unrestricted Net Assets$11,976,291$14,028,719▲ $2,052,428
Permanently Rstr Net Assets$425,486$454,286▲ $28,800
Temporarily Rstr Net Assets$68,547$125,552▲ $57,005
Total Net Assets Fund Balance$12,470,324$14,608,557▲ $2,138,233
Total Liabilities and Net Assets / Fund Balance$12,585,762$14,808,265▲ $2,222,503

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,123,080$385,733$1,508,813
Equipment$49,764$214,486$264,250
Land$165,854-$165,854
Other Assets Org$817,179--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$698,932$51,342▲ $66,905-$817,179
2012$582,112$50,150▲ $66,670-$698,932
2011$581,140$27,400▼ $26,428-$582,112
2010$492,958$44,550▲ $43,632-$581,140
2009$392,991$28,225▲ $71,742-$492,958
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Colette HohimerExecutive DiFT$147,276$147,276
Lee R BeadlingManaging DirectorFT$118,715$118,715
Matthew B Dobbs MdAct. Member--$60,000$60,000

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
University Of WashingtonEditorial-$387,832
Revenue and Support

Revenue Composition

Contributions and Grants
$41,442
Program Service Revenue
$3,714,698
Investment Income
$379,296
Other Revenue
$11,899
All Other Contributions
$41,442
Change in Net Assets
$1,548,255

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,067,083
Revenue Not Reported on Financial Statements
$80,252
Revenue Not Reported on Form 990
$589,978
Total Revenue per Audited Statements
$4,657,061
Total Revenue per Form 990
$4,147,335
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,788,269
Salaries, Compensation, and Employee Benefits$765,654
Grants and Similar Amounts Paid$45,157
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$784,098$14,661-$798,759
Other Salaries and Wages$430,552$201,115-$631,667
Conferences and Meetings$479,973$568-$480,541
Information Technology$44,547$41,177-$85,724
Fees for Service Investment Mgmnt Fees-$80,252-$80,252
Depreciation Depletion-$74,578-$74,578
Other Employee Benefits$59,256$12,655-$71,911
Occupancy$16,934$41,434-$58,368
Payroll Taxes$35,289$17,523-$52,812
Grants to Domestic Orgs$45,157--$45,157
Insurance$20,841$19,673-$40,514
Travel$27,273$1,094-$28,367
Fees for Services Accounting-$26,217-$26,217
Advertising$1,188$22,261-$23,449
Office Expenses$5,667$12,760-$18,427
Pension Plan Contributions$4,909$4,355-$9,264
Fees for Services Legal-$7,380-$7,380
Other Expenses$115$5,195-$5,310
All Other Expenses$1,839$1,972-$3,811
Total Functional Expenses$1,974,519$624,561$0$2,599,080

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,599,080
Expenses per Audited Statements$2,518,828
Total Expenses per Audited Statements$2,518,828
Expenses Not Reported on Financial Statements$80,252
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
04-2509538--Education$35,157
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
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, Page 6, Part VI, Line 6

The association is organized with members. The membership of the association consists of four classes of members: active, senior, emeritus, and honorary.

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

Election may be by return ballot. A three-quarters (3/4) affirmative vote of the active, senior, and emeritus members, responding by the deadline date shall be necessary for election to membership. A candidate thus rejected may again be proposed for membership at the end of three (3) years. To fulfill the criteria for membership, a newly elected member must present a paper within two (2) meetings following election to membership. The membership committee shall distribute a schedule of deadlines on an annual basis.

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

Election of officers, approval of bylaw changes , admission of new members, location of annual conference

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

An independent certified public accounting firm (cpa) prepares the association's form 990 and submits the form to the association's management and treasurer for review. An electronic copy of the form is also provided to all voting members of the board for review prior to filing. The form 990 is also attached to the illinois form ag-990-il, which requires the signature of two officers. This provides the opportunity for a final review of the form by a second officer.

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

The association's management submits a questionnaire annually to each director with the questions designed to detect any violation of the conflict of interest policy. Management then prepares a report of its findings and presents it to the board of directors.

Form 990, Page 6, Part VI, Line 15A

Compensation for the executive director and key employees is determined by the executive committee based on compensation for comparable positions in membership associations. Compensation is reviewed annually by the executive committee.

Form 990, Page 6, Part VI, Line 15B

Compensation for the executive director and key employees is determined by the executive committee based on compensation for comparable positions in membership associations. Compensation is reviewed annually by the executive committee.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

EIN
42-0848331
Phone
8477378945

Signing Officer

Name
Xavier a Duralde Md
Title
Treasurer
Phone
8477378945
Signed
2014-07-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles L Saltzman Md
Formed
1947
Legal Domicile
Ok
Voting Board Members
8
Independent Board Members
8
Employees
12
Volunteers
21

Preparer

Preparer
Chad Porter
Phone
8472401040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The association of bone and joint surgeons (the association) is a nonprofit corporation, organized to exchange information, stimulate development and advancement of orthopaedic surgery, train leaders, sponsor and contribute to the scientific aspects of, and clinical research in, orthopaedic surgery, and sponsor publication of the scientific journal, clinical orthopaedics and related research (corr).

Form 990, Part IX, Line 11G

Publishing payroll srvc. Fees 2,081 0 0 publishing professional fees 29,061 0 0 payroll service fees 0 1,059 0 publishing hiring expenses 0 0 0 editorial stipends 751,756 0 0 relocation expenses 0 4,672 0 other professional fees 0 12,000 0 outside services 1,200 0 0 allocation to ubit 0 -3,070 0

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Endowment fund investment income is used to support research and education projects

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IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt51ST VICE PRE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt72ND VICE PRE
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9PAST PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt11MANAGING DIR
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IRS990/OtherExpensesGrp/Desc2SUBSCRIPTIONS
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt212966
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IRS990/OtherExpensesGrp/ProgramServicesAmt2115
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IRS990/PayrollTaxesGrp/TotalAmt052812
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04355
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04909
IRS990/PensionPlanContributionsGrp/TotalAmt09264
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0425486
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0215276
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0138319
IRS990/PrincipalOfficerNm0CHARLES L SALTZMAN MD
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/BusinessCd3541800
IRS990/ProgramServiceRevenueGrp/BusinessCd4611710
IRS990/ProgramServiceRevenueGrp/Desc0PUBLISHING INCOME
IRS990/ProgramServiceRevenueGrp/Desc1ANNUAL MEETING
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc3ADVERTISING
IRS990/ProgramServiceRevenueGrp/Desc4EDUCATIONAL WORKSHOP
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03611912
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt147075
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt230300
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt310150
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03611912
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt147075
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt230300
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt315261
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt410150
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt015261
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATIONAL/SCIENTIFIC MEETINGS AND WORKSHOPS TO DISSEMINATE CURRENT RESEARCH FINDINGS IN VARIOUS AREAS OF ORTHOPAEDIC SURGERY TO PROFESSIONALS IN THE FIELD.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0426519
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt057225
IRS990/ProgSrvcAccomActy3Grp/Desc0VARIOUS RESEARCH AWARDS TO ORTHOPAEDIC PROFESSIONALS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt051441
IRS990/ProgSrvcAccomActy3Grp/GrantAmt045157
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt052025
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt065097
IRS990/PYInvestmentIncomeAmt0459251
IRS990/PYOtherExpensesAmt01233077
IRS990/PYOtherRevenueAmt0-23683
IRS990/PYProgramServiceRevenueAmt04501744
IRS990/PYRevenuesLessExpensesAmt02303503
IRS990/PYSalariesCompEmpBnftPaidAmt01387660
IRS990/PYTotalExpensesAmt02685834
IRS990/PYTotalRevenueAmt04989337
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01548255
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt011899
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03627173
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt041442
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt079585
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0105201
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0391056
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0179376
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0260184
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03714698
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt04474184
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03309509
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03032992
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02928881
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt017460264
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt02702
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IRS990ScheduleA/InvestmentIncomeCYPct00.08000
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IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt09138
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03116844
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03379003
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03247731
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt019339573
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$41.8$0.52$41.3$5.02$3.47$1.55
2023Detailed filing. Detailed filing data is available for this year.$37.3$0.52$36.7$4.41$3.45$0.96
2022Detailed filing. Detailed filing data is available for this year.$33.2$0.76$32.4$5.36$3.17$2.19
2021Detailed filing. Detailed filing data is available for this year.$37.1$0.87$36.3$4.35$3.04$1.31
2020Detailed filing. Detailed filing data is available for this year.$32.2$0.71$31.5$3.90$2.56$1.35
2019Detailed filing. Detailed filing data is available for this year.$28.0$0.65$27.4$3.59$3.01$0.58
2018Detailed filing. Detailed filing data is available for this year.$24.1$0.83$23.2$3.26$2.94$0.32
2017Detailed filing. Detailed filing data is available for this year.$25.5$0.77$24.7$5.44$3.18$2.26
2016Detailed filing. Detailed filing data is available for this year.$19.9$0.42$19.5$4.91$3.21$1.70
2015Detailed filing. Detailed filing data is available for this year.$17.2$0.21$17.0$4.63$3.02$1.61
2014Detailed filing. Detailed filing data is available for this year.$15.9$0.20$15.7$4.37$3.18$1.19
2013Detailed filing. Detailed filing data is available for this year.$14.8$0.20$14.6$4.15$2.60$1.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.6$0.12$12.5$2.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.8$1.09$9.73$2.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$1.03$9.21$2.41