American College Of Osteopathic Surgeons is located in Alexandria, VA. The organization was established in 1990. According to its NTEE Classification (G03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American College Of Osteopathic Surgeons 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 06/2023, American College Of Osteopathic Surgeons generated $370.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.6% each year . All expenses for the organization totaled $269.3k during the year ending 06/2023. While expenses have increased by 21.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATE OSTEOPATHIC SURGEONS-SPECIFIC DISCIPLINES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISCIPLINE EDUCATIONAL PROGRAMMING:ANNUAL CLINICAL ASSEMBLY: ANNUAL MEETING OF DISCIPLINE MEMBERS; SPONSORED DISCIPLINE SPECIALITY EDUCATIONAL PROGRAMS. (CARDIOTHORACIC AND VASCULAR SURGERY, GENERAL SURGERY, NEUROLOGICAL SURGERY, PLASTIC AND RECONSTRUCTIVE SURGERY, AND UROLOGICAL SURGERY.)UROLOGICAL SURGERY MID-YEAR DISCIPLINE MEETING: PROVIDED EDUCATIONAL PROGRAMS IN THE AREA OF UROLOGICAL MEDICINE/SURGERY.GENERAL SURGERY- IN-DEPTH REVIEW: PROVIDED EDUCATION PROGRAM IN THE AREA OF SURGICAL ONCOLOGY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Franklin Oaks Jr Past Chair - Ctv | OfficerTrustee | 1 | $0 |
Peter U Baik Chair - Ctv/bog | OfficerTrustee | 1 | $0 |
Sharon Beth Larson Chair Elect - Ctv | OfficerTrustee | 1 | $0 |
Herbert Oye Secretary Treasurer - Ctv | OfficerTrustee | 1 | $0 |
Chad Michael Robbins Past Chair - Gs | OfficerTrustee | 1 | $0 |
Julie Ann Caffrey Chair Elect - Gs | OfficerTrustee | 1 | $0 |
| 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 | $19,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,000 |
| Total Program Service Revenue | $336,192 |
| Investment income | $15,711 |
| 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 | $370,903 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,000 |
| Grants and other assistance to domestic individuals. | $3,499 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $660 |
| Advertising and promotion | $0 |
| Office expenses | $5,509 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $229,670 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $269,338 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $594,788 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $73,533 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $875,090 |
| Total assets | $1,543,411 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,543,411 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,543,411 |
Over the last fiscal year, American College Of Osteopathic Surgeons has awarded $28,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN COLLEGE OF OSTEOPATHIC SURGEONS PURPOSE: General Surgery Discipline- In-depth Review Grant | $20,000 |
AMERICAN COLLEGE OF OSTEOPATHIC SURGEONS PURPOSE: Urological Mid Year Meeting Grant | $8,000 |