American Board of Podiatric Medici… - 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

1993

Legal Domicile

Principal Officer

Stephanie Hook DPM

Phone

3103750700

Tax Period

2023-01-01 to 2023-12-31

American Board of Podiatric Medicine, founded in 1993, is a community nonprofit that reported $4.0M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 26% operating margin.

Mission

To protect the health and welfare of the public through and ongoing process of evaluation and certification of the competence of podiatrists in the specialty of podiatric orthopedics and primary podiatric medicine.

Program Service Accomplishments

Program 1

Certification process for board eligible podiatric physicians offered be-annually.

Program 2

Development of a third certificate of added qualification in podiatric surgery.

Program 3

Providing external assessment of residents through intraining examinations for all 3 years of residency training.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,984,085

Investment Income $130,130

Other Revenue $-69,160

TOTAL REVENUE $4,045,055

Expense Breakdown

Grants Paid $0

Salaries & Benefits $179,372

Fundraising Expenses $0

Other Expenses $2,795,322

TOTAL EXPENSES $2,974,694

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,045,055	$3,313,308	+0.2%
Expenses	$2,974,694	$3,515,851	-0.2%
Net Income	$1,070,361	$-202,543	-6.3%

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

N/A

Volunteers

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

$82,661

Total Directors

$142,661

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lee C Rogers DPM	President	4.00	Officer Director	$48,000	$0	$48,000
William E Chagares DPM	Immed Past Pres	0.00	Officer Director	$34,661	$0	$34,661
Stephanie Hook DPM	Vice President	2.00	Director	$16,000	$0	$16,000
Adam Johnson DPM	Director	1.00	Director	$16,000	$0	$16,000
Brian Lepow DPM	Treasurer	4.00	Director	$14,000	$0	$14,000
Garrett Moore DPM	Director	1.00	Director	$14,000	$0	$14,000
Katerina Grigoropoulos	Secretary	2.00	Director	$0	$0	$0
Andrew Crisologo DPM	Director	1.00	Director	$0	$0	$0
Imaze Davis DPM	Director	1.00	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	No data	No data	No data	No data
2023	$4,045,055	$2,974,694	$8,762,162	$1,070,361
2022	$3,313,308	$3,515,851	$7,644,464	$-202,543
2021	$4,013,919	$2,713,037	$7,977,396	$1,300,882
2020	$3,623,467	$2,437,950	$6,172,361	$1,185,517
2019	$3,384,171	$3,278,139	$4,991,299	$106,032
2018	$3,281,086	$2,812,493	$3,839,560	$468,593

American Board of Podiatric Medicine