AMERICAN BOARD OF OPHTHALMOLOGY

EIN: 231693176

DOYLESTOWN, PA

Total Revenue
$5,754,830
Total Expenses
$5,258,905
Total Assets
$12,680,318
Net Assets
$11,383,802
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1916
Legal Domicile
MN
Principal Officer
GEORGE B BARTLEY MD
Phone
6106641175
Tax Period
2024-01-01 to 2024-12-31

AMERICAN BOARD OF OPHTHALMOLOGY, founded in 1916, is a community nonprofit that reported $5.8M in total revenue in fiscal year 2024. Expenses of $5.3M left a modest 9% surplus.

Mission

FOUNDED IN 1916, THE AMERICAN BOARD OF OPHTHALMOLOGY (ABO) IS AN INDEPENDENT, NOT-FOR-PROFIT ORGANIZATION AND THE NATION'S FIRST MEDICAL SPECIALTY CERTIFYING BOARD. ITS MISSION IS TO SERVE THE PUBLIC BY CERTIFYING OPHTHALMOLOGISTS THROUGH THE VERIFICATION OF COMPETENCIES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,241,665
Investment Income $513,165
Other Revenue $0
TOTAL REVENUE $5,754,830

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,235,694
Fundraising Expenses $0
Program Expenses $4,130,586
Other Expenses $2,023,211
TOTAL EXPENSES $5,258,905

Year-over-Year Comparison

2024 2023 Change
Revenue $5,754,830 $5,637,746 +0.0%
Expenses $5,258,905 $5,512,042 0.0%
Net Income $495,925 $125,704 +2.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
15
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$18,000
Total Directors
16
$135,000
Key Employees
1
$316,954
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE B BARTLEY MD CHIEF EXECUTIVE OFFICER 40.00
Officer Director
$0 $0 $0
ANN ACERS-WARN MD BOARD VICE CHAIR 4.00
Officer Director
$9,000 $0 $9,000
MARIA EM ARRON MD BOARD DIRECTOR 4.00
Director
$9,000 $0 $9,000
CHRIS V ALBANIS MD BOARD DIRECTOR 4.00
Director
$9,000 $0 $9,000
ESTHER M BOWIE MD BOARD DIRECTOR 4.00
Director
$9,000 $0 $9,000
PRATAP CHALLA MD BOARD DIRECTOR 4.00
Director
$9,000 $0 $9,000
JULIE M FALARDEAU MD BOARD DIRECTOR 4.00
Director
$9,000 $0 $9,000
TAMARA R FOUNTAIN MD BOARD DIRECTOR 4.00
Director
$9,000 $0 $9,000
BENNIE H JENG MD BOARD DIRECTOR 4.00
Director
$9,000 $0 $9,000
ANNE M MENKE PHD BOARD DIRECTOR 4.00
Director
$9,000 $0 $9,000
SARAH M NEHLS MD BOARD DIRECTOR 4.00
Director
$9,000 $0 $9,000
LORRAYNE WARD MBA BOARD DIRECTOR 4.00
Director
$9,000 $0 $9,000
KEITH A WARREN MD BOARD DIRECTOR 4.00
Director
$9,000 $0 $9,000
ROBERT E WIGGINS JR MD BOARD DIRECTOR 4.00
Director
$9,000 $0 $9,000
MARTHA M WRIGHT MD BOARD DIRECTOR 4.00
Director
$9,000 $0 $9,000
HANS E GROSSNIKLAUS MD BOARD DIRECTOR 4.00
Director
$9,000 $0 $9,000
STEVEN J GEDDE MD BOARD CHAIR 4.00
Officer
$9,000 $0 $9,000
BETH ANN COMBER CHIEF OPERATING OFFICER 40.00
Key Emp
$263,183 $53,771 $316,954
SARAH SCHNABEL PHD DIRECTOR OF ASSESSMENTS/PS 40.00
Highest
$222,881 $43,571 $266,452
MEGHAN MCGOWAN MS DIRECTOR OF COMMUNICATIONS 40.00
Highest
$205,424 $45,391 $250,815
BRIAN MARTIN DIRECTOR OF IT 40.00
Highest
$155,590 $51,912 $207,502
MICK ENG MS IT MANAGER 40.00
Highest
$155,750 $31,150 $186,900
DANIEL PASTORIUS EXAM DEVELOPMENT MANAGER 40.00
Highest
$123,959 $24,792 $148,751
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $5,754,830 $5,258,905 $12,680,318 $495,925
2023 $5,637,746 $5,512,042 $11,640,844 $125,704
2022 $5,564,027 $5,060,920 $10,487,795 $503,107
2021 $5,597,359 $4,130,429 $11,729,185 $1,466,930
2020 $6,090,139 $4,056,554 $10,218,036 $2,033,585
2019 $5,608,738 $4,507,286 $8,077,045 $1,101,452
2018 $4,856,512 $4,902,727 $6,615,474 $-46,215
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