AMERICAN BOARD OF PEDIATRICS FOUNDATION INC

EIN: 561520520 501(c)(3) Community Improvement

CHAPEL HILL, NC

Total Revenue
$1,443,578
Total Expenses
$1,524,401
Total Assets
$5,577,988
Net Assets
$5,200,087
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
NC
Principal Officer
Ann E Hazinski
Phone
9199290461
Tax Period
2023-11-01 to 2024-10-31

AMERICAN BOARD OF PEDIATRICS FOUNDATION INC, founded in 1986, is a community nonprofit in the Community Improvement sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Net assets of $5.2M represent 43 months of operating reserves.

Mission

The American Board of Pediatrics Foundation (ABPF) supports the mission of the ABP to ensure excellence in the education of pediatricians and the delivery of pediatric care. The ABP Foundation achieves its goal by pursuing rigorous research, convening collaborators in health care, developing and disseminating collective expertise, and promoting innovation, ultimately fostering the health and well-being of children and families.

Program Service Accomplishments

Program 1
Expenses: $298,907 Revenue: $0

EPA - GENERAL PEDIATRICS CROSSWALK STUDY - SEE SCHEDULE O FOR FULL DESCRIPTION

Program 2
Expenses: $334,630 Revenue: $0

ROADMAP - SEE SCHEDULE O FOR FULL DESCRIPTION

Program 3
Expenses: $194,847 Revenue: $0

CBME PLANNING AND IMPLEMENTATION - SEE SCHEDULE O FOR FULL DESCRIPTION

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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 $1,199,695
Program Service Revenue $0
Investment Income $243,883
Other Revenue $0
TOTAL REVENUE $1,443,578

Expense Breakdown

Grants Paid $103,800
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,455,396
Other Expenses $1,420,601
TOTAL EXPENSES $1,524,401

Year-over-Year Comparison

2023 2022 Change
Revenue $1,443,578 $1,080,287 +0.3%
Expenses $1,524,401 $1,611,490 -0.1%
Net Income $-80,823 $-531,203 -0.8%
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

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Governance

Voting Members
9
Independent Members
8
Employees
N/A
Volunteers
8

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
$1,012,276
Total Directors
11
$1,031,633
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUDY SCHAECHTER MD MBA FORMER PRESIDENT & CEO -THROUGH JUNE 2023 1
$0 $68,246 $876,928
ANN E HAZINSKI MBA CPA EX OFFICIO VP FINANCE AND CFO 2.50
Officer Director
$0 $70,874 $553,602
JOHN A BARNARD MD 2023 INTERIM PRESIDENT/CEO & 2024 CHAIR 1
Officer Director
$0 $0 $429,034
DAVID G NICHOLS MD MBA FORMER PRESIDENT AND CEO 0
$0 $0 $224,168
DeWAYNE M PURSLEY MD 2023 CHAIR & 2024 IMMEDIATE PAST CHAIR 0.50
Officer Director
$0 $0 $18,600
STEPHANIE D DAVIS MD 2023 IMMEDIATE PAST CHAIR 0.5
Director
$0 $0 $9,557
PRIYANKA KAUL MD 2023 & 2024 SECRETARY TREASURER 0.50
Officer Director
$0 $0 $6,000
PAMELA J SIMMS-MACKEY MD 2023 SECRETARY-TREATURER & 2024 CHAIR ELECT 0.5
Officer Director
$0 $0 $5,040
JONATHAN WEBB 2023 & 2024 DIRECTOR/PUBLIC MEMBER 0.5
Director
$4,200 $0 $4,200
ALEX R KEMPER MD 2023 & 2024 DIRECTOR 0.5
Director
$2,800 $0 $2,800
MARIA T BRITTO 2023 & 2024 DIRECTOR 0.5
Director
$2,800 $0 $2,800
MICHAEL A BARONE 2024 PRESIDENT/CEO beginning March 2024 0
Officer Director
$0 $0 $0
KATHRYN A SABADOSA 2023 & 2024 DIRECTOR/PUBLIC MEMBER 0.5
Director
$0 $0 $0
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 $1,443,578 $1,524,401 $5,577,988 $-80,823
2023 $1,080,287 $1,611,490 $5,557,808 $-531,203
2022 $830,458 $1,330,125 $5,979,247 $-499,667
2021 $728,631 $1,468,951 $6,923,680 $-740,320
2020 $1,962,624 $1,163,647 $7,444,347 $798,977
2019 $2,150,263 $1,531,591 $6,694,423 $618,672
2018 $2,553,001 $1,688,235 $6,078,057 $864,766
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