American Board Of Medical Specialties
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 20,237,205 | 17,639,354 | 2,597,851 | 12.5 | 18% |
| 2021 | 22,297,576 | 17,544,840 | 4,752,736 | 16.5 | 59% |
| 2022 | 21,397,111 | 17,622,393 | 3,774,718 | 16.4 | 56% |
| 2023 | 21,808,011 | 18,468,046 | 3,339,965 | 19.4 | 57% |
In its most recent public year (2023), this organization brought in $3,339,965 more than it spent. Its reserves stood at about 19.4 months of spending, up from 12.5 in 2020. Staff pay was 57% of spending.
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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