AMERICAN ORTHOPAEDIC FOOT & ANKLE … - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

DAVID THORDARSON MD

Phone

8476984654

Tax Period

2024-01-01 to 2024-12-31

AMERICAN ORTHOPAEDIC FOOT & ANKLE SOCIETY INC, founded in 2006, is a community nonprofit in the Health Care sector that reported $6.6M in total revenue in fiscal year 2024.

Mission

THE AMERICAN ORTHOPAEDIC FOOT & ANKLE SOCIETY (AOFAS) PROMOTES QUALITY, ETHICAL, AND COST EFFECTIVE PATIENT CARE THROUGH EDUCATION, RESEARCH, AND TRAINING OF ORTHOPAEDIC SURGEONS AND OTHER HEALTH CARE PROVIDERS.

Program Service Accomplishments

Program 1

Expenses: $5,071,689 Revenue: $3,203,747

SUPPORT RESEARCH AND EDUCATIONAL ACTIVITIES RELATED TO MEDICAL CARE OF THE FOOT AND ANKLE. 2,500 INDIVIDUALS SERVED.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,106,494

Program Service Revenue $3,222,918

Investment Income $71,053

Other Revenue $1,218,011

TOTAL REVENUE $6,618,476

Expense Breakdown

Grants Paid $881,013

Salaries & Benefits $1,884,278

Fundraising Expenses $129,719

Program Expenses $5,071,689

Other Expenses $3,878,817

TOTAL EXPENSES $6,644,108

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,618,476	$6,406,596	+0.0%
Expenses	$6,644,108	$6,310,616	+0.1%
Net Income	$-25,632	$95,980	-1.3%

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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

1287

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

$469,766

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID THORDARSON MD	PRESIDENT	2.00	Officer Director	$0	$0	$0
SHELDON S LIN MD	PRESIDENT-ELECT	2.00	Officer Director	$0	$0	$0
SCOTT ELLIS MD	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
CASEY HUMBYRD MD	TREASURER	2.00	Officer Director	$0	$0	$0
CHRISTOPHER CHIODO MD	SECRETARY	2.00	Officer Director	$0	$0	$0
MICHAEL ARONOW MD	IMMEDIATE PAST PRESIDENT	1.00	Director	$0	$0	$0
BRYAN DEN HARTOG MD	IMMEDIATE PAST PRESIDENT THROUGH SEPT 2024	1.00	Director	$0	$0	$0
ERROLL BAILEY MD	MEMBER-AT-LARGE	1.00	Director	$0	$0	$0
JEANNIE HUH MD	MEMBER-AT-LARGE	1.00	Director	$0	$0	$0
DANIEL GUSS MD	MEMBER-AT-LARGE	1.00	Director	$0	$0	$0
PAMELA LUK MD	MEMBER-AT-LARGE	1.00	Director	$0	$0	$0
JASON BARITEAU MD	MEMBER AT LARGE	1.00	Director	$0	$0	$0
KELLY HYNES MD	MEMBER AT LARGE	1.00	Director	$0	$0	$0
ANISH KADKIA MD	MEMBER AT LARGE	1.00	Director	$0	$0	$0
J TURNER VOSSELLER MD	MEMBER AT LARGE	1.00	Director	$0	$0	$0
ELAINE LARKIN-LEIGHTON	EXECUTIVE DIRECTOR	45.00	Officer	$429,483	$40,283	$469,766
CATHERINE POWERS	DEVELOPMENT SENIOR MGR	1.00	Highest	$135,372	$33,739	$169,111
ALENA FREY	DIRECTOR OF EDUCATION & ME	40.00	Highest	$140,785	$3,206	$143,991
JESSICA DORNFELD	DIRECTOR OF MARKETING & ME	40.00	Highest	$129,446	$39,384	$168,830

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	$6,618,476	$6,644,108	$4,496,364	$-25,632
2023	$6,406,596	$6,310,616	$4,050,769	$95,980
2022	$5,912,169	$5,723,835	$3,979,780	$188,334
2021	$6,305,161	$5,157,919	$3,436,824	$1,147,242
2020	$4,219,960	$4,203,807	$3,243,550	$16,153
2019	$5,750,256	$6,462,426	$2,936,708	$-712,170
2018	$6,134,081	$8,025,831	$3,674,901	$-1,891,750

AMERICAN ORTHOPAEDIC FOOT & ANKLE SOCIETY INC