American Orthopaedic Foot & Ankle Society
- Assets
- $4.1m
- Revenue
- $6.4m
- Investments
- $0.0
- Employees
- 18
- Location
- Rosemont, IL
- Founding
- 03/2003
- Data as of
- 12/2023
- EIN
- 23-7087029
Organization Overview
American Orthopaedic Foot & Ankle Society is located in Rosemont, IL. The organization was established in 2003. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2023, American Orthopaedic Foot & Ankle Society employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Orthopaedic Foot & Ankle Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, American Orthopaedic Foot & Ankle Society generated $6.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $6.3m during the year ending 12/2023. While expenses have increased by 5.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Orthopaedic Foot & Ankle Society has awarded 191 individual grants totaling $6,572,491. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVING LIVES THROUGH EXCEPTIONAL ORTHOPAEDIC FOOT AND ANKLE CARE.
Describe the Organization's Program Activity:
SUPPORT RESEARCH AND EDUCATIONAL ACTIVITIES RELATED TO MEDICAL CARE OF THE FOOT AND ANKLE. 2,500 INDIVIDUALS SERVED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Den Hartog MD President | OfficerTrustee | 2 | $0 |
Michael Aronow MD President-Elect | OfficerTrustee | 2 | $0 |
David Thordarson MD Vice President | OfficerTrustee | 2 | $0 |
Scott Ellis MD Treasurer | OfficerTrustee | 2 | $0 |
Sheldon S Lin MD Secretary | OfficerTrustee | 2 | $0 |
Christopher Digiovanni MD Immediate Past President | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Paperwork Assistants Inc Bookkeeping Services | 8/30/17 | $131,180 |
David B Thordarson Md Journal Editor | 8/30/17 | $154,600 |
The Paperwork Assistants Inc Bookkeeping Services | 8/30/17 | $131,180 |
David B Thordarson Md Journal Editor | 8/30/17 | $154,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,073,485 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,073,485 |
| Total Program Service Revenue | $3,207,670 |
| Investment income | $76,513 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,031,065 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,558 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,406,596 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $941,034 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $465,147 |
| Compensation of current officers, directors, key employees. | $135,125 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,286,930 |
| Pension plan accruals and contributions | $97,024 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $44,392 |
| Fees for services: Accounting | $93,891 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,734 |
| Fees for services: Other | $753,361 |
| Advertising and promotion | $36,283 |
| Office expenses | $165,552 |
| Information technology | $260,325 |
| Royalties | $0 |
| Occupancy | $160,094 |
| Travel | $395,411 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,347,602 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,582 |
| Insurance | $33,214 |
| All other expenses | $0 |
| Total functional expenses | $6,310,616 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $281,748 |
| Savings and temporary cash investments | $104,444 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $68,528 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $16,624 |
| Prepaid expenses and deferred charges | $312,489 |
| Net Land, buildings, and equipment | $57,349 |
| Investments—publicly traded securities | $2,759,578 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $7,772 |
| Other assets | $442,237 |
| Total assets | $4,050,769 |
| Accounts payable and accrued expenses | $320,348 |
| Grants payable | $216,033 |
| Deferred revenue | $252,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $169,255 |
| Total liabilities | $957,636 |
| Net assets without donor restrictions | $2,942,082 |
| Net assets with donor restrictions | $151,051 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,050,769 |
Grants Awarded
Over the last fiscal year, American Orthopaedic Foot & Ankle Society has awarded $931,544 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
DUKE UNIVERSITY PURPOSE: 2023 FELLOWSHIP GRANT | $42,462 |
MERCY HEALTH FOUNDATION PURPOSE: 2023 FELLOWSHIP GRANT | $42,462 |
ORTHOCAROLINA RESEARCH INSTITUTE PURPOSE: 2023 FELLOWSHIP GRANT | $42,462 |
FOOT AND ANKLE FELLOWSHIP PURPOSE: 2023 FELLOWSHIP GRANT | $31,846 |
NEW YORK SOCIETY FOR THE RELIEF OF RUPTURED & CRIPPLED MAINTAINING THE HOSP PURPOSE: 2023 FELLOWSHIP GRANT | $31,846 |
UNIVERSITY OF PITTSBURGH PHYSICIANS PURPOSE: 2023 FELLOWSHIP GRANT | $21,231 |