THE AMERICAN BOARD OF MEDICAL GENE… - 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

1980

Legal Domicile

Principal Officer

DR MIRIAM G BLITZER

Phone

3016347315

Tax Period

2023-01-01 to 2023-12-31

THE AMERICAN BOARD OF MEDICAL GENETICS AND GENOMICS INC, founded in 1980, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 22% operating deficit.

Mission

THE MISSION OF THE ABMGG IS TO SERVE THE PUBLIC AND MEDICAL PROFESSION BY ESTABLISHING PROFESSIONAL CERTIFICATION STANDARDS AND PROMOTING LIFELONG LEARNING AS WELL AS EXCELLENCE IN MEDICAL GENETICS AND GENOMICS.

Program Service Accomplishments

Program 1

CERTIFICATION EXAMINATIONS ARE GIVEN EVERY OTHER YEAR IN ORDER TO CERTIFY THOSE GENETICISTS PROVIDING CLINICAL SERVICES WHO HAVE RECEIVED ADEQUATE PREPARATION IN ACCORDANCE WITH THE BOARD'S...

CERTIFICATION EXAMINATIONS ARE GIVEN EVERY OTHER YEAR IN ORDER TO CERTIFY THOSE GENETICISTS PROVIDING CLINICAL SERVICES WHO HAVE RECEIVED ADEQUATE PREPARATION IN ACCORDANCE WITH THE BOARD'S EDUCATIONAL, TRAINING AND EXPERIENCE STANDARDS.

Program 2

MAINTAINING CERTIFICATION THROUGH A COMPREHENSIVE, CONTINUING CERTIFICATION PROGRAM COMPRISED OF ACTIVITIES DESIGNED TO ASSIST DIPLOMATES WITH MAINTAINING CURRENT KNOWLEDGE AND IMPROVING THEIR...

MAINTAINING CERTIFICATION THROUGH A COMPREHENSIVE, CONTINUING CERTIFICATION PROGRAM COMPRISED OF ACTIVITIES DESIGNED TO ASSIST DIPLOMATES WITH MAINTAINING CURRENT KNOWLEDGE AND IMPROVING THEIR SPECIALTY PRACTICE TO BETTER MEET PATIENT CARE NEEDS. EACH SEGMENT IS ASSOCIATED WITH CERTAIN ACTIVITIES ENCOMPASSING PROFESSIONALISM, LIFELONG LEARNING, LONGITUDINAL ASSESSMENT (KNOWLEDGE-BASED), AND IMPROVEMENT IN MEDICAL PRACTICE.

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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 $10,000

Program Service Revenue $1,096,559

Investment Income $25,988

Other Revenue $5,291

TOTAL REVENUE $1,137,838

Expense Breakdown

Grants Paid $0

Salaries & Benefits $404,352

Fundraising Expenses $0

Other Expenses $978,800

TOTAL EXPENSES $1,383,152

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,137,838	$1,876,978	-0.4%
Expenses	$1,383,152	$1,282,322	+0.1%
Net Income	$-245,314	$594,656	-1.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATRINA M DIPPLE MD PHD	CHAIR	4.00	Officer Director	$0	$0	$0
JANE GIBSON PHD	CHAIR-ELECT	4.00	Officer Director	$0	$0	$0
NANCY MENDOLSOHN MD	TREASURER	4.00	Officer Director	$0	$0	$0
CARLOS BACINO MD	TREASURER-ELECT	4.00	Officer Director	$0	$0	$0
JON DANIEL SHARER PHD	SECRETARY	4.00	Officer Director	$0	$0	$0
CAROL CLOTHIER	PUBLIC BOARD MEMBER	4.00	Director	$0	$0	$0
PETER HULICK MD	DIRECTOR	4.00	Director	$0	$0	$0
SARAH H ELSEA PHD	DIRECTOR	4.00	Director	$0	$0	$0
MARZIA PASQUALI PHD	DIRECTOR	4.00	Director	$0	$0	$0
SUE RICHARDS PHD	DIRECTOR	4.00	Director	$0	$0	$0
NICOLE HOPPMAN PHD	DIRECTOR	4.00	Director	$0	$0	$0
COLLEEN JACKSON-COOK PHD	DIRECTOR	4.00	Director	$0	$0	$0
NATHANIEL ROBIN MD	DIRECTOR	4.00	Director	$0	$0	$0
MARY KATHARINE RUDD PHD	DIRECTOR	4.00	Director	$0	$0	$0
MYRA WICK MD PHD	DIRECTOR	4.00	Director	$0	$0	$0
MADHURI HEGDE PHD	DIRECTOR	4.00	Director	$0	$0	$0
MARGARITA SAENZ MD	DIRECTOR	4.00	Director	$0	$0	$0
AKILA SUBRAMANIAM MD	DIRECTOR	4.00	Director	$0	$0	$0
MIRIAM G BLITZER PHD FACMG	CHIEF EXECUTIVE OFFICER	35.00	Officer	$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	$1,137,838	$1,383,152	$3,164,545	$-245,314
2022	$1,876,978	$1,282,322	$3,206,690	$594,656
2021	$1,268,506	$1,260,159	$2,818,271	$8,347
2020	$1,812,196	$997,128	$2,784,280	$815,068
2019	$1,282,829	$1,147,764	$1,959,501	$135,065
2018	$1,598,583	$1,202,010	$1,299,154	$396,573

THE AMERICAN BOARD OF MEDICAL GENETICS AND GENOMICS INC