THE AMERICAN BOARD OF MEDICAL GENETICS AND GENOMICS INC

EIN: 953512145

ROCKVILLE, MD

Total Revenue
$1,137,838
Total Expenses
$1,383,152
Total Assets
$3,164,545
Net Assets
$3,164,545
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
IL
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 THROUGH AS WELL AS EXCELLENCE IN MEDICAL GENETICS AND GENOMICS. TO ACCOMPLISH THIS, THE ABMGG:1. CREDENTIALS AND CERTIFIES PRACTITIONERS OF MEDICAL GENETICS AND GENOMICS; AND2. FOSTERS LIFE-LONG LEARNING THROUGH CONTINUING CERTIFICATION.

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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 $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

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Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
80

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
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
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
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