Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $977,073

• 1g · Noncash contributions included above

  $9,134

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $337,289 · excluded $337,289

• 5 · Royalties

  total $5,301 · excluded $5,301

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $2,239,233

• 7b · Less cost or other basis and sales expenses

  securities $2,117,725

• 7c · Gain or loss

  securities $121,508 · other assets $0

• 7d · Net gain or loss

  total $121,508 · excluded $121,508

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $702,285 · program services $702,285

• 2 · Grants to domestic individuals

  total $22,514 · program services $22,514

• 3 · Grants to foreign organizations and individuals

  total $11,130 · program services $11,130

• 11a · Fees: management

  total $276,071 · program services $160,121 · management and general $22,086 · fundraising $93,864

• 11c · Fees: accounting

  total $2,970 · fundraising $2,970

• 11e · Fees: professional fundraising services

  total $13,086 · fundraising $13,086

• 11f · Fees: investment management

  total $80,028 · management and general $80,028

• 11g · Fees: other

  total $0 · program services $0 · management and general $0 · fundraising $0

• 12 · Advertising and promotion

  total $2,000 · fundraising $2,000

• 13 · Office expenses

  total $4,875 · program services $4,875

• 16 · Occupancy

  total $700 · program services $700

• 17 · Travel

  total $3,655 · program services $3,655

• 19 · Conferences, conventions and meetings

  total $21,734 · program services $21,734

• 23 · Insurance

  total $12,229 · program services $12,229

• 24a · Other expenses: Placement Fee

  total $13,500 · program services $13,500

• 24b · Other expenses: Bad Debt

  total $7,500 · management and general $7,500

• 24c · Other expenses: Licensing Fees

  total $1,795 · program services $1,795

• 24d · Other expenses: Consulting Fees

  total $1,445 · program services $1,445

• 24e · All other expenses

  total $837 · program services $528 · management and general $59 · fundraising $250

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $981,185 · end of year $896,325

• 3 · Pledges and grants receivable

  beginning of year $222,145 · end of year $166,743

• 4 · Accounts receivable

  beginning of year $1,309,911 · end of year $1,282,975

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,075 · end of year $1,724

• 10a · Land, buildings and equipment: cost or other basis

  $0

• 10b · Land, buildings and equipment: accumulated depreciation

  $0

• 10c · Land, buildings and equipment, net

  end of year $0

• 11 · Investments: publicly traded securities

  beginning of year $11,925,352 · end of year $14,214,891

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 14 · Intangible assets

  beginning of year $162,439 · end of year $181,039

• 15 · Other assets

  beginning of year $0 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $2,390,648 · end of year $2,469,966

• 22 · Loans and payables to officers and key people

  end of year $0

• 25 · Other liabilities

  beginning of year $0 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $11,990,314 · end of year $14,106,988

• 28 · Net assets with donor restrictions

  beginning of year $222,145 · end of year $166,743

The filer's explanations (Part III)

Schedule J, Part I, Line 3

ARTHROSCOPY ASSOCIATION OF NORTH AMERICA USES WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO.