National Board of Certification and Recertification for Nurse Anesthetists

EIN: 260702501 Community Improvement

Chicago, IL

Total Revenue
$11,767,948
Total Expenses
$10,125,630
Total Assets
$35,598,037
Net Assets
$30,950,031
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
IL
Phone
7086670100
Tax Period
2023-01-01 to 2023-12-31

National Board of Certification and Recertification for Nurse Anesthetists, founded in 2007, is a mid-sized nonprofit in the Community Improvement sector that reported $11.8M in total revenue in fiscal year 2023. Revenue surged 52% from the prior year, signaling strong growth momentum. Expenses of $10.1M left a modest 14% surplus.

Mission

The mission of The National Board of Certification and Recertification for Nurse Anesthetists (NBCRNA) is to promote patient safety through credentialing programs that support lifelong learning.

Program Service Accomplishments

Program 1

THE NATIONAL BOARD OF CERTIFICATION AND RECERTIFICATION FOR NURSE ANESTHETISTS (NBCRNA) IS THE CERTIFYING BODY FOR INITIAL, CONTINUED AND SUBSPECIALTY CERTIFICATION FOR CERTIFIED REGISTERED NURSE...

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THE NATIONAL BOARD OF CERTIFICATION AND RECERTIFICATION FOR NURSE ANESTHETISTS (NBCRNA) IS THE CERTIFYING BODY FOR INITIAL, CONTINUED AND SUBSPECIALTY CERTIFICATION FOR CERTIFIED REGISTERED NURSE ANESTHETISTS (CRNAS) IN THE UNITED STATES. THIS INCLUDES INITIAL CERTIFICATION OF APPROXIMATELY 2,800 CRNAS PER YEAR AND VERIFICATION OF COMPLIANCE WITH THE CONTINUED PROFESSIONAL CERTIFICATION (CPC) PROGRAM EVERY FOUR YEARS FOR APPROXIMATELY 60,000 CRNAS. THE NBCRNA PROTECTS AND SERVES THE PUBLIC BY ASSURING THAT INDIVIDUALS WHO ARE CREDENTIALED HAVE MET PREDETERMINED QUALIFICATIONS AND STANDARDS FOR PROVIDING NURSE ANESTHESIA SERVICES FOR ENTRY INTO PRACTICE. FOR 2023, A TOTAL OF 3,008 CANDIDATES TOOK THE NATIONAL CERTIFICATION EXAMINATION FOR THE FIRST TIME AND 6,361 CANDIDATES TOOK THE SELF-EVALUATION EXAMINATION. FOR THE 2023-2027 CPC PERIOD, 2,652 CRNAS COMPLETED THEIR CPC RENEWAL. THE NBCRNA OFFERS A SUB-SPECIALTY CERTIFICATION IN NONSURGICAL PAIN MANAGEMENT (NSPM) AND FOR 2023, 21 CRNAS WERE SUCCESSFUL ON THE NSPM EXAMINATION. THE NBCRNA IS ALSO COMMITTED TO SUPPORTING THE ADVANCEMENT OF THE PROFESSION BY OFFERING SPONSORSHIPS FOR EDUCATION, RESEARCH, CREDENTIALING ADVANCEMENT AND THE IMPROVEMENT OF THE CERTIFICATION PROCESS. FOR 2023, THE NBCRNA AWARDED $127,500 IN SUCH SPONSORSHIPS AND GRANTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $10,519,859
Investment Income $1,204,359
Other Revenue $43,730
TOTAL REVENUE $11,767,948

Expense Breakdown

Grants Paid $127,500
Salaries & Benefits $4,675,835
Fundraising Expenses $0
Program Expenses $0
Other Expenses $5,322,295
TOTAL EXPENSES $10,125,630

Year-over-Year Comparison

2023 2022 Change
Revenue $11,767,948 $7,743,450 +0.5%
Expenses $10,125,630 $8,109,284 +0.2%
Net Income $1,642,318 $-365,834 -5.5%
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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Governance

Voting Members
12
Independent Members
12
Employees
37
Volunteers
144

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
6
$703,066
Total Directors
16
$0
Key Employees
2
$646,519
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Secretary-Treasurer until October 2023;Vice President Starting October 2023 4.0
Officer Director
$0 $0 $0
N/A President until October 2023;Director Starting October 2023 6.0
Officer Director
$0 $0 $0
N/A Director Until October 2023;Secretary-Treasurer Starting October 2023 4.0
Officer Director
$0 $0 $0
N/A Vice President Until October 2023;President Starting October 2023 4.0
Officer Director
$0 $0 $0
N/A Director 2.0
Director
$0 $0 $0
N/A Director 2.0
Director
$0 $0 $0
N/A Director Starting October 2023 2.0
Director
$0 $0 $0
N/A Director 2.0
Director
$0 $0 $0
N/A Director - Until October 2023 2.0
Director
$0 $0 $0
N/A Emerging Leader Fellow Until October 2023; Senior Emerging Leader Fellow Starting October 2023 2.0
Director
$0 $0 $0
N/A Director Starting October 2023 2.0
Director
$0 $0 $0
N/A Director 2.0
Director
$0 $0 $0
N/A Director 2.0
Director
$0 $0 $0
N/A Director 2.0
Director
$0 $0 $0
N/A Emerging Leader Fellow Starting October 2023 2.0
Director
$0 $0 $0
N/A Senior Emerging Leader Fellow - Until October 2023 2.0
Director
$0 $0 $0
N/A Chief Executive Officer 50.0
Officer
$402,980 $30,300 $433,280
N/A Chief Operating Officer 50.0
Officer
$236,666 $33,120 $269,786
N/A Chief Credentialing Officer 50.0
Key Emp
$296,084 $25,079 $321,163
N/A Chief Assessment Officer 50.0
Key Emp
$278,368 $46,988 $325,356
N/A Senior Director of Testing 50.0
Highest
$137,467 $26,755 $164,222
N/A Director of Psychometrics 50.0
Highest
$155,735 $22,934 $178,669
N/A Director of Research 50.0
Highest
$172,878 $31,062 $203,940
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 No data No data No data No data
2023 $11,767,948 $10,125,630 $35,598,037 $1,642,318
2022 $7,743,450 $8,109,284 $31,466,329 $-365,834
2021 $14,011,594 $8,466,896 $34,872,411 $5,544,698
2020 $12,172,518 $7,583,237 $27,792,148 $4,589,281
2019 $7,290,432 $6,448,500 $22,323,520 $841,932
2018 $6,443,421 $6,184,234 $21,898,333 $259,187
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