Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: EXAMINATION FEES

  total $10,861,650 · related or exempt $10,861,650

• 2b · Program service revenue: MAINTENANCE OF CERTIFICATION INCO

  total $10,009,362 · related or exempt $10,009,362

• 2c · Program service revenue: TRAINING PG FEE AND OTHER FEE

  total $571,006 · related or exempt $571,006

• 3 · Investment income

  total $3,519,975 · excluded $3,519,975

• 7a · Gross sales of assets other than inventory

  securities $15,832,027

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

  securities $14,369,649

• 7c · Gain or loss

  securities $1,462,378

• 7d · Net gain or loss

  total $1,462,378 · excluded $1,462,378

• 11a · Other revenue: FEES INTERNATIONAL PROJECTS

  total $11,000 · related or exempt $11,000

• 11e · Other revenue, total

  $11,000

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $2,000,000

• 2 · Grants to domestic individuals

  total $700,000

• 5 · Compensation of officers, directors and key employees

  total $4,081,816

• 7 · Other salaries and wages

  total $2,317,447

• 8 · Pension plan contributions

  total $218,492

• 9 · Other employee benefits

  total $1,101,064

• 10 · Payroll taxes

  total $322,042

• 11b · Fees: legal

  total $654,755

• 11c · Fees: accounting

  total $51,850

• 11f · Fees: investment management

  total $195,996

• 11g · Fees: other

  total $181,090

• 13 · Office expenses

  total $44,673

• 14 · Information technology

  total $136,557

• 16 · Occupancy

  total $579,086

• 17 · Travel

  total $63,102

• 19 · Conferences, conventions and meetings

  total $1,163,652

• 22 · Depreciation, depletion and amortization

  total $1,087,090

• 23 · Insurance

  total $236,770

• 24a · Other expenses: PRODUCTION EXPENSE

  total $993,507

• 24b · Other expenses: ASSESSMENTS OF ABMS

  total $617,227

• 24c · Other expenses: BANK FEES

  total $572,095

• 24d · Other expenses: OTHER BOARD PROJECTS

  total $300,314

• 24e · All other expenses

  total $704,129

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,821,777 · end of year $1,688,631

• 2 · Savings and temporary cash investments

  beginning of year $23,977,056 · end of year $22,069,881

• 4 · Accounts receivable

  beginning of year $8,672,029 · end of year $9,931,594

• 9 · Prepaid expenses and deferred charges

  beginning of year $3,807,776 · end of year $1,074,379

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

  $24,944,775

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

  $4,887,213

• 10c · Land, buildings and equipment, net

  beginning of year $20,929,805 · end of year $20,057,562

• 11 · Investments: publicly traded securities

  beginning of year $90,856,074 · end of year $89,484,918

• 12 · Investments: other securities

  beginning of year $24,951,774 · end of year $42,497,033

• 14 · Intangible assets

  beginning of year $40,926 · end of year $2,885,442

• 15 · Other assets

  beginning of year $1,258,145 · end of year $2,012,996

• 17 · Accounts payable and accrued expenses

  beginning of year $1,164,621 · end of year $835,480

• 19 · Deferred revenue

  beginning of year $4,681,170 · end of year $2,059,880

• 25 · Other liabilities

  beginning of year $914,727 · end of year $52,502

• 27 · Net assets without donor restrictions

  beginning of year $169,554,844 · end of year $188,754,574

The filer's explanations (Part III)

PART I, LINE 4B

ABPN HAS A NON-QUALIFIED DEFERRED COMPENSATION PLAN UNDER IRS CODE 457(F) FOR THE PRESIDENT/CEO. THE PLAN ACCOUNT WAS FUNDED WITH A MONTHLY CONTRIBUTION OF 30% OF THE PRESIDENT'S SALARY FOR THAT MONTH.