American Board For Certification In Orthotics & Prosthetics Inc

Organization Overview

American Board For Certification In Orthotics & Prosthetics Inc is located in Alexandria, VA. The organization was established in 1950. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 11/2022, American Board For Certification In Orthotics & Prosthetics Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Board For Certification In Orthotics & Prosthetics Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 11/2022, American Board For Certification In Orthotics & Prosthetics Inc generated $8.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $7.8m during the year ending 11/2022. While expenses have increased by 3.4% per year over the past 7 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 Board For Certification In Orthotics & Prosthetics Inc has awarded 33 individual grants totaling $4,052,500. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

CERTIFYING AND ACCREDITING ORGANIZATION FOR THE ORTHOTIC, PROSTHETIC AND PEDORTHIC PROFESSIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FACILITY ACCREDITATION: FACILITY ACCREDITATION ENSURES QUALITY HEALTHCARE IN ORTHOTIC, PROSTHETIC AND PEDORTHIC PRACTICES. THE STANDARDS PROMULGATED BY ABC ENCOURAGE BEST PRACTICES IN PATIENT CARE, SAFETY, PROFESSIONALISM AND ORGANIZATIONAL PERFORMANCE.


CERTIFICATION: ABC CERTIFIED INDIVIDUALS ARE CONSIDERED LEADERS IN THE PROFESSION AND PROVIDE THE HIGHEST QUALITY PATIENT CARE, ALONG WITH EXCELLENCE IN RESEARCH AND DEVICE DESIGN. ABC CERTIFIED INDIVIDUALS MUST MEET STRINGENT EDUCATIONAL STANDARDS, CLINICAL TRAINING AND A COMPLETE ASSESSMENT OF COMPETENCY.


MANDATORY CONTINUING EDUCATION: ABC HAS LONG RECOGNIZED THE NEED FOR EFFECTIVE PROFESSIONAL CONTINUING EDUCATION. CONTINUING EDUCATION IS THE NORM IN THE HEALTH CARE PROFESSION AND SERVES TO MAINTAIN AND IMPROVE THE HEALTH CARE SYSTEM AND DELIVERY OF SERVICES. ABC CREDENTIALED INDIVIDUALS MUST OBTAIN CONTINUING EDUCATION IN ORDER TO MAINTAIN PERFORMANCE AT THE BASIC LEVEL OF PROFESSIONAL COMPETENCE AND ADVANCED TRAINING AND SPECIALIZED SKILLS BEYOND THE BASIC LEVEL.


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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$12,379
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$12,379
Total Program Service Revenue$7,315,779
Investment income $870,685
Tax Exempt Bond Proceeds $0
Royalties $334
Net Rental Income $0
Net Gain/Loss on Asset Sales -$68,321
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,130,856

Grants Awarded

Over the last fiscal year, American Board For Certification In Orthotics & Prosthetics Inc has awarded $184,500 in support to 3 organizations.

Grant RecipientAmount

ORTHOTIC AND PROSTHETIC EDUCATION AND RESEARCH FOUNDATION (OPERF)

Org PageRecipient Profile

Falls Church, VA

PURPOSE: Awards

$142,500

CENTER FOR ORTHOTIC AND PROSTHETIC LEARNING AND OUTCOMESEVIDENCE-BASED PRA

PURPOSE: COPL/AOPA research funding

$30,000

NATIONAL COMMISSION ON ORTHOTIC & PROSTHETIC EDUCATION

Org PageRecipient Profile

Alexandria, VA

PURPOSE: Support mission of organization

$12,000
View Grant Profile

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