Southern Orthopaedic Association
- Assets
- $1.8m
- Revenue
- $858.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Towson, MD
- Founding
- 09/1988
- Data as of
- 12/2021
- EIN
- 63-0876120
Organization Overview
Southern Orthopaedic Association is located in Towson, MD. The organization was established in 1988. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Southern Orthopaedic Association 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 12/2021, Southern Orthopaedic Association generated $858.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $713.5k during the year ending 12/2021. While expenses have increased by 1.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE, ENCOURAGE, FOSTER, AND ADVANCE THE ART OF SCIENCE AND ORTHOPAEDIC SURGERY AND MATTERS RELATED THERETO, AND TO ESTABLISH A FORUM FOR FREE DISCUSSION AND TEACHING OF ORTHOPAEDIC METHODS AND PRINCIPLES AMONG THE MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DEVELOP AND FOSTER THE SCIENCE OF MEDICINE IN THE SPECIALTY OF ORTHOPAEDIC SURGERY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ben A Alman MD President-Elect | OfficerTrustee | 1 | $0 |
Andrew A Shinar MD Immediate Past President | OfficerTrustee | 1 | $0 |
James A Browne MD Treasurer | OfficerTrustee | 1 | $0 |
Christopher A Heck MD Secretary/vice President | OfficerTrustee | 1 | $0 |
H Clayton Thomason III MD President | OfficerTrustee | 1 | $0 |
E Lyle Cain MD Board Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $143,420 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $110,596 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $254,016 |
| Total Program Service Revenue | $589,143 |
| Investment income | $15,825 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$279 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $858,705 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $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 | $191,854 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $30,926 |
| Office expenses | $24,148 |
| Information technology | $4,579 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $24,850 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $325,971 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,096 |
| All other expenses | $0 |
| Total functional expenses | $713,466 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300,955 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $117,526 |
| 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 | $18,490 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,361,075 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,798,046 |
| Accounts payable and accrued expenses | $149,241 |
| Grants payable | $0 |
| Deferred revenue | $91,480 |
| 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 | $240,721 |
| Net assets without donor restrictions | $1,557,325 |
| 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 | $1,798,046 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Southern Orthopaedic Association has recieved totaling $37,500.
| Awarding Organization | Amount |
|---|---|
North Carolina Baptist Hospital Winstonsalem, NC PURPOSE: SUPPORTING L. ANDREW KOMAN DISTINGUISHED SOUTHERN ORTHO AWARD | $37,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Optical Society Of America Inc Washington, DC | $157,741,246 | $51,003,670 |
Infectious Diseases Society Of America Inc Arlington, VA | $64,244,197 | $31,558,220 |
American College Of Medical Genetics And Genomics Bethesda, MD | $5,251,363 | $10,964,294 |
American Association Of Immunologists Inc Rockville, MD | $91,493,241 | $15,247,854 |
American Roentgen Ray Society Leesburg, VA | $36,171,953 | $9,848,662 |
Acog Foundation Washington, DC | $128,825,789 | $4,640,041 |
National Tuberous Sclerosis Association Inc Silver Spring, MD | $14,827,937 | $8,909,542 |
Public Health Accreditation Board Alexandria, VA | $6,402,113 | $3,985,968 |
American College Of Veterinary Surgeons Germantown, MD | $7,052,683 | $4,060,999 |
Life Sciences Pennsylvania King Of Prussia, PA | $1,967,524 | $2,924,770 |
Society Of General Internal Medicine Alexandria, VA | $9,837,369 | $3,557,166 |
American College Of Physicians Services Inc Philadelphia, PA | $3,676,271 | $2,467,201 |