American Burn Association Inc
- Assets
- $2.9m
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 13
- Location
- Chicago, IL
- Founding
- 07/2001
- Data as of
- 12/2020
- EIN
- 36-2654533
Organization Overview
American Burn Association Inc is located in Chicago, IL. The organization was established in 2001. According to its NTEE Classification (H90) the organization is classified as: Medical Disciplines Research, under the broad grouping of Medical Research and related organizations. As of 12/2020, American Burn Association Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Burn Association Inc 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 12/2020, American Burn Association Inc generated $4.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $4.7m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN BURN ASSOCIATION (ABA) IS COMMITTED TO IMPROVING THE QUALITY OF CARE FOR BURN PATIENTS THROUGH PREVENTION EFFORTS, EDUCATIONAL OFFERINGS, BURN RESEARCH, PUBLICATION OF A SCIENTIFIC JOURNAL, THE BURN CENTER VERIFICATION PROGRAM, AND ADVANCED BURN LIFE SUPPORT COURSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL PROGRAMS, CONFERENCES, AND PROFESSIONAL JOURNALS; MEDICAL RESEARCH.
MEMBER SERVICES
QUALITY OF CARE INITIATIVES; BURN CARE FACILITY VERIFICATIONS; BURN CARE QUALITY REGISTRY
PUBLIC POLICY INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly A Hoarle Executive Director | Officer | 45 | $283,929 |
Janet Turner Senior Director Finance & | 45 | $111,860 | |
Maureen Kiley Sr. Program Director | 45 | $106,031 | |
Lori Palfalvi Sr. Mgr. Research Administration | 45 | $100,439 | |
William G Cioffi Jr MD Facs Past President | OfficerTrustee | 2 | $0 |
Lucy Wibbenmeyer MD Facs President-Elect | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bdata Inc It Services | 12/30/20 | $460,750 |
Dc Health Care Advisors Llc Advocacy Consultants | 12/30/20 | $144,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $640,450 |
| Investment income | $593 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,571,563 |
| Statement of Expenses | |
|---|---|
| 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. | $327,467 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,271,101 |
| Pension plan accruals and contributions | $25,967 |
| Other employee benefits | $233,174 |
| Payroll taxes | $80,685 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,442 |
| Fees for services: Accounting | $28,750 |
| Fees for services: Lobbying | $144,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $694,639 |
| Advertising and promotion | $5,598 |
| Office expenses | $67,528 |
| Information technology | $37,816 |
| Royalties | $0 |
| Occupancy | $162,546 |
| Travel | $71,658 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $342,451 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $84,336 |
| Insurance | $16,739 |
| All other expenses | $0 |
| Total functional expenses | $4,695,082 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,044,321 |
| Savings and temporary cash investments | $589,261 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $498,623 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $220,545 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $150,000 |
| Other assets | $30,000 |
| Total assets | $2,908,439 |
| Accounts payable and accrued expenses | $542,722 |
| Grants payable | $0 |
| Deferred revenue | $1,142,347 |
| 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 | $619,400 |
| Total liabilities | $2,304,469 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $603,970 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Burn Association Inc has recieved totaling $157.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $157 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Regenstrief Foundation Inc Indianapolis, IN | $0 | $6,850,830 |
Mercy Research Springfield, MO | $1,873,704 | $4,182,009 |
Wicell Research Institute Inc Madison, WI | $4,969,313 | $7,939,160 |
American Burn Association Inc Chicago, IL | $2,908,439 | $4,571,563 |
Dermatology Foundation Evanston, IL | $62,543,237 | $7,135,637 |
Foundation For Anesthesia Education And Research Schaumburg, IL | $35,213,980 | $3,655,249 |
Angelman Syndrome Foundation Inc Aurora, IL | $2,249,648 | $3,676,179 |
American Academy Of Sleep Medicine Foundation Darien, IL | $17,841,323 | $3,412,660 |
Anesthesia Patient Safety Foundation Schaumburg, IL | $16,092,814 | $2,466,002 |
Orthopaedic Research Society Rosemont, IL | $7,471,451 | $2,301,601 |
The Knee Society Inc Schaumburg, IL | $4,620,112 | $1,876,790 |
Oral And Maxillofacial Surgery Foundation Rosemont, IL | $19,223,310 | $2,359,091 |