American Board Of Medical Specialties Research & Education F
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 29,845 | 469,955 | −440,110 | -37.1 | 48% |
| 2021 | 112,268 | 416,618 | −304,350 | -50.6 | — |
| 2022 | 65,835 | 440,273 | −374,438 | -58.9 | — |
| 2023 | 484,417 | 1,096,260 | −611,843 | -30.2 | 49% |
In its most recent public year (2023), this organization spent $611,843 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-30.2 months), up from -37.1 in 2020. Staff pay was 49% of spending. $507,483 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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