TY 2014 Form 990

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)
(1) LAURA M BROOKS MD........................................................................ CHAIR AND PAST CHAIR	11.50 .......................0.50	X	X	37,386	0
(2) DAVID A GREMSE MD........................................................................ SEC/TREASURER & DIRECTOR	3.50 .......................0.50	X	X	3,564	0
(3) A CRAIG HILLEMEIR MD........................................................................ IMMEDIATE PAST CHAIR & DIRECTOR	2.5 .......................0.5	X	X	20,304	0
(4) JOSEPH ST GEME III MD........................................................................ CHAIR ELECT AND CHAIR	8 .......................2	X	X	16,973	0
(5) CHRISTOPHER A CUNHA MD........................................................................ DIRECTOR AND CHAIR ELECT	3.0 .......................0.5	X	X	23,088	0
(6) ANN E BURKE MD........................................................................ DIRECTOR	2.5 .......................0.50	X		12,874	0
(7) JOHN G FROHNA MD........................................................................ DIRECTOR	2.50 .......................0.50	X		14,700	0
(8) TIMOTHY FELTES MD........................................................................ DIRECTOR	2.5 .......................0.5	X		1,682	0
(9) RUTLEDGE HUTSON........................................................................ DIRECTOR AND PUBLIC MEMBER	2.50 .......................0.5	X		11,900	0
(10) DOUGLAS J BARRETT MD........................................................................ DIRECTOR	2.50 .......................0.50	X		10,243	0
(11) DAVID JAFFE MD........................................................................ DIRECTOR	2.50 .......................0.5	X		10,634	0
(12) CAROLYN M KERCSMAR MD........................................................................ DIRECTOR	2.50 .......................0.5	X		8,995	0
(13) ANNA R KUO MD........................................................................ DIRECTOR	2.50 .......................0.5	X		7,000	0
(14) VICTORIA F NORWOOD MD........................................................................ DIRECTOR	2.5 .......................0.5	X		4,410	0
(15) A KIM RITCHEY MD........................................................................ DIRECTOR	2.5 .......................0.5	X		12,048	0
(16) H STACY NICHOLSON MD........................................................................ DIRECTOR	2.5 .......................0.5	X		4,775	0
(17) GAIL A MCGUINNESS MD........................................................................ EVP CREDENTIALLING & EXAM ADMIN	49 .......................1	X	X	615,197	60,858

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)
(18) DAVID G NICHOLS MD MBA........................................................................ PRESIDENT AND CEO	48 .......................2	X	X			551,504	72,497
(19) LAUREL K LESLIE MD MPH........................................................................ DIRECTOR AND VP OF RESEARCH	20 .......................20	X	X			0	0
(20) LINDA ALTHOUSE PHD........................................................................ VP PSYCHOMETRICS & TESTING	48 .......................2		X			261,399	67,104
(21) CAROL L CARRACCIO MD MA........................................................................ VP COMPETENCY BASED ASSESSMENT	45 .......................5		X			359,164	53,520
(22) HAZEN P HAM PHD........................................................................ VICE PRESIDENT - GLOBAL	50 .......................0		X			232,980	62,340
(23) ANN E HAZINSKI MBA CPA........................................................................ VP FINANCE AND CFO	48 .......................2		X			377,994	79,530
(24) VIRGINIA A MOYER TUCKER MD........................................................................ VP MOC AND QUALITY	49 .......................1		X			387,797	61,974
(25) MICHELE J WALL MA PMP........................................................................ VP OPERATIONS AND COO	49 .......................1		X			281,415	72,784
(26) SANDRA W GAINEY........................................................................ VP - HUMAN RESOURCES	50 .......................0		X			105,359	29,394
(27) DONGMING ZHANG MS MLS........................................................................ VP IT AND INFORMATICS	49.50 .......................0.50		X			174,274	45,252
(28) ALLEN GUBERT........................................................................ DIRECTOR IT TECH	50 .......................0			X		128,997	37,687
(29) L ERIK MEYER........................................................................ DIRECTOR OF TEST DEV	50 .......................0			X		112,289	47,879
(30) KELLY S REDDICK........................................................................ DIRECTOR, IT BUSINESS	50 .......................0			X		128,121	44,143
(31) RACHEL J B TAN PHD........................................................................ DIRECTOR, PYSCHOMETRICS	50 .......................0			X		116,737	33,301
(32) ANN F SMITH CPA........................................................................ SENIOR CONTROLLER	48 .......................2			X		130,996	39,958
(33) JAMES A STOCKMAN III MD........................................................................ SEE SCHEDULE J	8 .......................0				X	793,438	553
(34) PAUL V MILES MD........................................................................ FORMER VP	0 .......................0				X	127,991	0

(A) Name and business address	(B) Description of services	(C) Compensation
PROMETRIC INC P O BOX 223608 PITTSBURG,PA15251	EXAM TESTING SERVICES	1,959,527
VEREDUS P O BOX 117036 ATLANTA,GA30368	IT/ PROJ MGR CONSLTNG	445,404
ROBERT HALF TECHNOLOGY 12400 COLLECTIONS CNTR DR CHICAGO,IL60693	COMP PRGRMMING	399,121
PROGRESSIVE CONTRACTING CO INC 143 CHARLOTTE AVE STE 201 SANFORD,NC27330	BUILDING RENOVATION	371,771
D'VINCI INTERACTIVE 28 S POTOMAC ST 4TH FLR HAGARSTOWN,MD21740	COMPUTER PROGRAMMING	288,858
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 9

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.	(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses
1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	4,161,189	4,161,189
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ....
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16 ............
4	Benefits paid to or for members ....
5	Compensation of current officers, directors, trustees, and key employees ....	4,003,999	2,721,428	1,282,571
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....
7	Other salaries and wages ....	6,599,445	4,462,405	2,137,040
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	2,044,748	1,385,317	659,431
9	Other employee benefits .......	2,031,205	1,376,141	655,064
10	Payroll taxes ...........	711,786	482,235	229,551
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	104,401	89,972	14,429
c	Accounting ...........	35,400	21,951	13,449
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......	50,483		50,483
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ....	2,343,367	2,082,859	260,508
12	Advertising and promotion ....
13	Office expenses .......	306,062	263,071	42,991
14	Information technology ......	727,975	533,615	194,360
15	Royalties ..
16	Occupancy ...........	526,305	381,642	144,663
17	Travel ............	125,453	124,874	579
18	Payments of travel or entertainment expenses for any federal, state, or local public officials ......
19	Conferences, conventions, and meetings ....	1,231,465	856,522	374,943
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization .....	1,011,638	758,023	253,615
23	Insurance ..............	205,476	139,210	66,266
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	ABMS DUES AND OTHER MEMBERSHIPS	790,005	779,877	10,128
b	EXAMINATION RELATED EXPENSES ADA SEAT FEES PUBLISHING	2,044,466	2,044,466	0	0
c	CREDIT CARD PROCESSING	672,988	672,988	0	0
d	MISCELLANEOUS	72,000	58,947	13,053	0
e	All other expenses
25	Total functional expenses. Add lines 1 through 24e	29,799,856	23,396,732	6,403,124	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............
	1	Cash–non-interest-bearing .............	50	1	50
2	Savings and temporary cash investments .........	7,696,683	2	7,332,299
3	Pledges and grants receivable, net ...........		3
4	Accounts receivable, net .............	119,596	4	218,351
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L ..................
			5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
			6
7	Notes and loans receivable, net .............		7
8	Inventories for sale or use ..............		8
9	Prepaid expenses and deferred charges ..........	272,060	9	258,135
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	18,250,184
b	Less: accumulated depreciation .....	10b	7,723,293	10,508,145	10c	10,526,891
11	Investments—publicly traded securities ..........	83,290,966	11	87,294,974
12	Investments—other securities. See Part IV, line 11 .....		12
13	Investments—program-related. See Part IV, line 11 .....	283,530	13	0
14	Intangible assets ...............		14
15	Other assets. See Part IV, line 11 ...........	487,647	15	1,678,249
16	Total assets. Add lines 1 through 15 (must equal line 34)......	102,658,677	16	107,308,949
	17	Accounts payable and accrued expenses .........	2,984,863	17	2,962,855
18	Grants payable .................		18
19	Deferred revenue ................	25,094,108	19	31,726,444
20	Tax-exempt bond liabilities .............		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D..		21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..........		22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ....		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D....................	6,406,263	25	8,227,525
26	Total liabilities. Add lines 17 through 25.........	34,485,234	26	42,916,824
		Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets ..............	68,173,443	27	64,392,125
28	Temporarily restricted net assets ...........	0	28	0
29	Permanently restricted net assets ...........	0	29	0
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds ........		30
31	Paid-in or capital surplus, or land, building or equipment fund .....		31
32	Retained earnings, endowment, accumulated income, or other funds		32
33	Total net assets or fund balances ...........	68,173,443	33	64,392,125
34	Total liabilities and net assets/fund balances ........	102,658,677	34	107,308,949

- TIN:

SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
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Attach to Form 990 or Form 990-EZ.
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Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization

AMERICAN BOARD OF PEDIATRICS INC

Employer identification number

23-1417504

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E.)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in

section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An organization that normally receives: (1) more than 331/3% of its support from contributions, membership fees, and gross

receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of

its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses

acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box in lines 11a through 11d that describes the type of supporting organization and complete lines 11e, 11f, and 11g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations .............................

Provide the following information about the supported organization(s).

(i)Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i)Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ.

Cat. No. 11285F

Schedule A (Form 990 or 990-EZ) 2014

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2010	(b) 2011	(c) 2012	(d) 2013	(e) 2014	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......
3	The value of services or facilities furnished by a governmental unit to the organization without charge..
4	Total. Add lines 1 through 3
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..
6	Public support. Subtract line 5 from line 4.

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2010	(b) 2011	(c) 2012	(d) 2013	(e) 2014	(f) Total
7	Amounts from line 4..
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...
9	Net income from unrelated business activities, whether or not the business is regularly carried on..
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..
11	Total support Add lines 7 through 10.

Gross receipts from related activities, etc. (see instructions) ..................

First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2014 (line 6, column (f) divided by line 11, column (f)) .........

Public support percentage for 2013 Schedule A, Part II, line 14 ...............

16a

33 1/3% support test—2014. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2013. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2014. If the organization did not check a box on line 13, 16a, or 16b, and line 14
is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain
in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported
organization ..................................................... right arrow

10%-facts-and-circumstances test—2013. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line
15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here.
Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly
supported organization ................................................ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990 or 990-EZ) 2014

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2010	(b) 2011	(c) 2012	(d) 2013	(e) 2014	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......
3	Gross receipts from activities that are not an unrelated trade or business under section 513..					511,613	511,613
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge..
6	Total. Add lines 1 through 5.	0	0	0	0	511,613	511,613
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons...
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public support (Subtract line 7c from line 6.)						511,613

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2010	(b) 2011	(c) 2012	(d) 2013	(e) 2014	(f) Total
9	Amounts from line 6...	0	0	0	0	511,613	511,613
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..					471,830	471,830
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.	0	0	0	0	471,830	471,830
11	Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..
13	Total support. (Add lines 9, 10c, 11, and 12.)..	0	0	0	0	983,443	983,443

First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization,
check this box and stop here............................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2014 (line 8, column (f) divided by line 13, column (f)) .........

Public support percentage from 2013 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2014 (line 10c, column (f) divided by line 13, column (f)) ......

Investment income percentage from 2013 Schedule A, Part III, line 17 .............

19a

33 1/3% support tests—2014. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3% support tests—2013. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization .... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990 or 990-EZ) 2014

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 11 of Part I. If you checked 11a of Part I, complete Sections A and B. If you checked 11b of Part I, complete Sections A and C. If you checked 11c of Part I, complete Sections A, D, and E. If you checked 11d of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked 11a or 11b in Part I, answer (b) and (c) below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations....

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer (b) and (c) below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed, (ii) the reasons for each such action, (iii) the authority under the organization's organizing document authorizing such action, and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (a) its supported organizations; (b) individuals that are part of the charitable class benefited by one or more of its supported organizations; or (c) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in IRC 4958(c)(3)(C)), a family member of a substantial contributor, or a 35-percent controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If “Yes,” complete Part II of Schedule L (Form 990).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined in line 9(a)) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined in line 9(a)) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of IRC 4943 because of IRC 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described in (b) and (c) below, the governing body of a supported organization?

11a

A family member of a person described in (a) above?

11b

A 35% controlled entity of a person described in (a) or (b) above? If “Yes” to a, b, or c, provide detail in Part VI.

11c

Schedule A (Form 990 or 990-EZ) 2014

Page 5

Part IV

Supporting Organizations (continued)

Section B. Type I Supporting Organizations

Yes

Did the directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (1) a written notice describing the type and amount of support provided during the prior tax year, (2) a copy of the Form 990 that was most recently filed as of the date of notification, and (3) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in (2), did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer (a) and (b) below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described in (a) constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer (a) and (b) below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations? Provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI the role played by the organization in this regard.

Schedule A (Form 990 or 990-EZ) 2014

Page 6

Part V – Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

1. Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970. See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by .035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6
7	Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990 or 990-EZ) 2014

Page 7

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity
3 Administrative expenses paid to accomplish exempt purposes of supported organizations
4 Amounts paid to acquire exempt-use assets
5 Qualified set-aside amounts (prior IRS approval required)
6 Other distributions (describe in Part VI). See instructions
7Total annual distributions. Add lines 1 through 6.
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions
9 Distributable amount for 2014 from Section C, line 6
10 Line 8 amount divided by Line 9 amount

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2014	(iii) Distributable Amount for 2014
1 Distributable amount for 2014 from Section C, line 6
2 Underdistributions, if any, for years prior to 2014 (reasonable cause required--see instructions)
3 Excess distributions carryover, if any, to 2014:
a From 2009.......X
b From 2010.......X
c From 2011.......X
d From 2012.......X
e From 2013.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2014 distributable amount
i Carryover from 2009 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from 3f.
4Distributions for 2014 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2014 distributable amount
c Remainder. Subtract lines 4a and 4b from 4.
5 Remaining underdistributions for years prior to 2014, if any. Subtract lines 3g and 4a from line 2 (if amount greater than zero, see instructions)
6 Remaining underdistributions for 2014. Subtract lines 3h and 4b from line 1 (if amount greater than zero, see instructions)
7 Excess distributions carryover to 2015. Add lines 3j and 4c.
8 Breakdown of line 7:
a From 2010.......X
b From 2011.......X
c From 2012.......X
d From 2013.......
e From 2014.......

Schedule A (Form 990 or 990-EZ) (2014)

Schedule A (Form 990 or 990-EZ) 2014

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Return Reference	Explanation
Schedule A, Part III, Line 2	THE AMERICAN BOARD OF PEDIATRICS TAX EXEMPT STATUS WAS CHANGED BY THE IRS FROM A 501(C)6 TO 501(C) 3 ON AUGUST 7, 2015. THEREFORE TOTALS ARE INCLUDED IN COLUMN E FOR THE PERIOD AUGUST 7, 2015- OCTOBER 31, 2015.

Schedule A (Form 990 or 990-EZ) 2014

Additional Data

Software ID:	14000267
Software Version:	v1.00

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet

Attach to Form 990.
Information about Schedule D (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization

AMERICAN BOARD OF PEDIATRICS INC

Employer identification number

23-1417504

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements .......................	2a
b	Total acreage restricted by conservation easements ..................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ....................	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .......................................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.

If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included in Form 990, Part VIII, line 1 ........................ SchDMd Bullet

(ii)

Assets included in Form 990, Part X .............................. SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:

Revenue included in Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2014

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No

If "Yes," explain the arrangement in Part XIII and complete the following table:


c	Beginning balance .................................	1c
d	Additions during the year ..............................	1d
e	Distributions during the year .............................	1e
f	Ending balance ...................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability?

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII .......

Part V

Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.

		(a)Current year	(b)Prior year	b (c)Two years back	(d)Three years back	(e)Four years back
1a	Beginning of year balance ....
b	Contributions ........
c	Net investment earnings, gains, and losses
d	Grants or scholarships .....
e	Other expenditures for facilities and programs ........
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

Permanent endowment SchDMd Bullet

Temporarily restricted endowment SchDMd Bullet

The percentages in lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) unrelated organizations ........................

3a(i)

(ii) related organizations ........................

3a(ii)

If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b)Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value
1a	Land .................	0	2,130,492		2,130,492
b	Buildings ................	0	10,560,869	3,642,016	6,918,853
c	Leasehold improvements ............	0	0	0	0
d	Equipment ................	0	3,939,685	2,991,744	947,941
e	Other .................	0	1,619,138	1,089,533	529,605
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......					10,526,891

Schedule D (Form 990) 2014

Page 3

Part VII

InvestmentsOther Securities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)		(b)Book value	(c) Method of valuation: Cost or end-of-year market value
(1)Financial derivatives
(2)Closely-held equity interests
Other








Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

InvestmentsProgram Related. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment		(b) Book value	(c) Method of valuation: Cost or end-of-year market value









Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value









Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability		(b) Book value
Federal income taxes		0
DEFERRED COMPENSATION		995,045
DEFERRED PENSION		7,232,480







Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)		8,227,525
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2014

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	28,181,054
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	-2,868,573
b	Donated services and use of facilities .........	2b	0
c	Recoveries of prior year grants ...........	2c	0
d	Other (Describe in Part XIII.) ............	2d	0
e	Add lines 2a through 2d .....................			2e	-2,868,573
3	Subtract line 2e from line 1.....................			3	31,049,627
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a	0
b	Other (Describe in Part XIII.) ...........	4b	-581,394
c	Add lines 4a and 4b.......................			4c	-581,394
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	30,468,233

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........			1	29,799,856
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities ..........	2a	0
b	Prior year adjustments ..............	2b	0
c	Other losses ................	2c	0
d	Other (Describe in Part XIII.) ............	2d	0
e	Add lines 2a through 2d......................			2e	0
3	Subtract line 2e from line 1.....................			3	29,799,856
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a	0
b	Other (Describe in Part XIII.) ............	4b	0
c	Add lines 4a and 4b.......................			4c	0
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	29,799,856

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
Schedule D, Part X, Line 2	THE ABP MAY RECOGNIZE THE TAX BENEFIT FROM A TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS ANALYZED ITS TAX POSITIONS TAKEN FOR FILINGS WITH THE INTERNAL REVENUE SERVICE. MANAGEMENT BELIEVES THAT THE ABP'S INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE ABP'S FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, THE ABP HAS NOT RECORDED ANY TAX ASSETS OR LIABILITIES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES, FOR UNCERTAIN INCOME TAX POSITIONS FOR THE YEARS ENDED OCTOBER 31, 2015 AND 2014.
Schedule D, Part XI, Line 4b	PRIOR YEARS UNREALIZED LOSSES ON INVESTMENT IN DATA COMMONS OF $581,394 WERE REALIZED IN CURRENT FISCAL YEAR WHEN ABP WITHDREW AS AN EQUITY MEMBER OF THE LLC

Return Reference

Explanation

Schedule D, Part X, Line 2

THE ABP MAY RECOGNIZE THE TAX BENEFIT FROM A TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS ANALYZED ITS TAX POSITIONS TAKEN FOR FILINGS WITH THE INTERNAL REVENUE SERVICE. MANAGEMENT BELIEVES THAT THE ABP'S INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE ABP'S FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, THE ABP HAS NOT RECORDED ANY TAX ASSETS OR LIABILITIES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES, FOR UNCERTAIN INCOME TAX POSITIONS FOR THE YEARS ENDED OCTOBER 31, 2015 AND 2014.

Schedule D, Part XI, Line 4b

PRIOR YEARS UNREALIZED LOSSES ON INVESTMENT IN DATA COMMONS OF $581,394 WERE REALIZED IN CURRENT FISCAL YEAR WHEN ABP WITHDREW AS AN EQUITY MEMBER OF THE LLC

Schedule D (Form 990) 2014

Additional Data

Software ID:	14000267
Software Version:	v1.00

- TIN:

SCHEDULE F(Form 990)

Department of the Treasury
Internal Revenue Service

Statement of Activities Outside the United States

Complete if the organization answered "Yes" to Form 990,Part IV, line 14b, 15, or 16. Right pointing arrow large image

Attach to Form 990. Right pointing arrow large image

Information about Schedule F (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization
AMERICAN BOARD OF PEDIATRICS INC

Employer identification number

23-1417504

Part I

General Information on Activities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 14b.

For grantmakers. Does the organization maintain records to substantiate the amount of its grants

and other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria

used to award the grants or assistance? ...........................

Yes

For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.

Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)

(a) Region		(b) Number of offices in the region	(c) Number of employees, agents, and independent contractors in region	(d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region)	(e) If activity listed in (d) is a program service, describe specific type of service(s) in region	(f) Total expenditures for and investments in region
	Central America and the Caribbean	0	0	Program Services	IN-TRAINING EXAMS	0
	East Asia and the Pacific	0	0	Program Services	IN TRAINING EXAMS	0
	Europe (including Iceland and Greenland)	0	0	Program Services	IN-TRAINING EXAMS	0
	Middle East and North Africa	0	0	Program Services	IN-TRAINING EXAMS	0













3a	Sub-total .....
b	Total from continuation sheets to Part I ...
c	Totals (add lines 3a and 3b)	0	0			0

For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2014

Schedule F (Form 990) 2014

Page 2

Part II

Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.

1 (a) Name of organization		(b) IRS code section and EIN (if applicable)	(a)(c) Region	(b)(d) Purpose of grant	(e) Amount of cash grant	(f) Manner of cash disbursement	(g) Amount of non-cash assistance	(h) Description of non-cash assistance	(i) Method of valuation (book, FMV, appraisal, other)

Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .... MediumBullet

Enter total number of other organizations or entities ....................... MediumBullet

Schedule F (Form 990) 2014

Schedule F (Form 990) 2014Page 3

Part III

Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.

Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance		(b) Region	(c) Number of recipients	(d) Amount of cash grant	(e) Manner of cash disbursement	(f) Amount of non-cash assistance	(g) Description of non-cash assistance	(h) Method of valuation (book, FMV, appraisal, other)

Schedule F (Form 990) 2014

Page 4

Part IV

Foreign Forms

Schedule F (Form 990) 2014

Page 5

Part V

Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information (see instructions).

ReturnReference	Explanation

Schedule F (Form 990) 2014

Additional Data

Software ID:	14000267
Software Version:	v1.00

- TIN:

Schedule I
(Form 990)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Information about Schedule I (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization
AMERICAN BOARD OF PEDIATRICS INC

Employer identification number
23-1417504

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of organization or government	(b) EIN	(c) IRC section if applicable	(d) Amount of cash grant	(h) Purpose of grant or assistance
(1) AMERICAN BOARD OF PEDIATRICS FOUNDATION INC 111 SILVER CEDAR COURT CHAPEL HILL,NC27514	56-1520520	501(C)3	4,127,341	TO FUND RESEARCH AND EDUCATIONAL INITIATIVES IN THE PEDIATRIC FIELD
(2) Our Children's Place P O Box 1086 CHAPEL HILL,NC27514	75-3151152	501(C)3	33,848	MATCH OF STAFF DONATION TO STAFF SELECTED CHARITY - PROGRAM TO PROVIDE SUPPORT AND ASSISTANCE TO CHILDREN WITH INCARCERATED PARENTS IN NORTH CAROLINA

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................ Bullet Image

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) 2014

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.

(a)Type of grant or assistance	(b)Number of recipients	(c)Amount of cash grant	(d)Amount of non-cash assistance	(e)Method of valuation (book, FMV, appraisal, other)	(f)Description of non-cash assistance

Part IV

Supplemental Information. Provide the information required in Part I, line 2, Part III, column (b), and any other additional information.

Return Reference	Explanation
Schedule I, Part I, Line 2	During FY15, the American Board of Pediatrics (ABP) gave 2 grants. The first grant was given to the ABP Foundation (ABPF) which is a supporting organization of the ABP. The ABP Executive Committee also serve as the Executive Committee for the ABPF. In that role they monitor the financial activity and use of grants given to the ABPF. The second grant was given to Our Children's Place as a match of staff donations. Before selecting the charity, the ABP reviews program activity, program needs and spending via the form 990. The ABP communicates with the charity throughout the year.

Return Reference

Explanation

Schedule I, Part I, Line 2

During FY15, the American Board of Pediatrics (ABP) gave 2 grants. The first grant was given to the ABP Foundation (ABPF) which is a supporting organization of the ABP. The ABP Executive Committee also serve as the Executive Committee for the ABPF. In that role they monitor the financial activity and use of grants given to the ABPF. The second grant was given to Our Children's Place as a match of staff donations. Before selecting the charity, the ABP reviews program activity, program needs and spending via the form 990. The ABP communicates with the charity throughout the year.

Schedule I (Form 990) 2014

Additional Data

Software ID:	14000267
Software Version:	v1.00

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet

Complete if the organization answered "Yes" to Form 990, Part IV, line 23.
SchJMediumBullet

Attach to Form 990.
SchJMediumBullet

Information about Schedule J (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization

AMERICAN BOARD OF PEDIATRICS INC

Employer identification number

23-1417504

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain....

Yes

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked in line 1a? ..

Yes

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? ................

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Yes

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ...........................

Any related organization? .........................

If "Yes," to line 5a or 5b, describe in Part III.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ...........................

Any related organization? .........................

If "Yes," to line 6a or 6b, describe in Part III.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................

If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) 2014

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2 and/or 1099-MISC compensation			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column(B) reported as deferred in prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1LINDA ALTHOUSE PHDVP PSYCHOMETRICS & TESTING	(i) (ii)	227,311 ............................... 0	2,273 ............................... 0	31,815 ............................... 0	50,014 ............................... 0	17,090 ............................... 0	328,503 ............................... 0	0 ............................... 0
2CAROL L CARRACCIO MD MAVP COMPETENCY BASED ASSESSMENT	(i) (ii)	329,735 ............................... 0	0 ............................... 0	29,429 ............................... 0	52,650 ............................... 0	3,477 ............................... 0	415,291 ............................... 0	0 ............................... 0
3HAZEN P HAM PHDVICE PRESIDENT - GLOBAL	(i) (ii)	204,794 ............................... 0	2,048 ............................... 0	26,138 ............................... 0	45,020 ............................... 0	26,770 ............................... 0	304,770 ............................... 0	0 ............................... 0
4ANN E HAZINSKI MBA CPAVP FINANCE AND CFO	(i) (ii)	316,999 ............................... 0	0 ............................... 0	60,995 ............................... 0	52,650 ............................... 0	27,487 ............................... 0	458,131 ............................... 0	0 ............................... 0
5GAIL A MCGUINNESS MDEVP CREDENTIALLING & EXAM ADMIN	(i) (ii)	505,024 ............................... 0	5,050 ............................... 0	105,123 ............................... 0	52,650 ............................... 0	11,316 ............................... 0	679,163 ............................... 0	0 ............................... 0
6DAVID G NICHOLS MD MBAPRESIDENT AND CEO	(i) (ii)	570,435 ............................... 0	-43,366 ............................... 0	24,434 ............................... 0	52,650 ............................... 0	19,530 ............................... 0	623,683 ............................... 0	0 ............................... 0
7VIRGINIA A MOYER TUCKER MDVP MOC AND QUALITY	(i) (ii)	369,530 ............................... 0	0 ............................... 0	18,267 ............................... 0	52,650 ............................... 0	12,432 ............................... 0	452,879 ............................... 0	0 ............................... 0
8MICHELE J WALL MA PMPVP OPERATIONS AND COO	(i) (ii)	234,614 ............................... 0	2,346 ............................... 0	44,454 ............................... 0	52,650 ............................... 0	20,405 ............................... 0	354,469 ............................... 0	0 ............................... 0
9DONGMING ZHANG MS MLSVP IT AND INFORMATICS	(i) (ii)	148,462 ............................... 0	0 ............................... 0	25,812 ............................... 0	30,064 ............................... 0	16,722 ............................... 0	221,060 ............................... 0	0 ............................... 0
10ALLEN GUBERTDIRECTOR IT TECH	(i) (ii)	122,433 ............................... 0	1,836 ............................... 0	4,728 ............................... 0	25,937 ............................... 0	10,730 ............................... 0	165,664 ............................... 0	0 ............................... 0
11L ERIK MEYERDIRECTOR OF TEST DEV	(i) (ii)	117,226 ............................... 0	0 ............................... 0	-4,937 ............................... 0	23,738 ............................... 0	26,978 ............................... 0	163,005 ............................... 0	0 ............................... 0
12KELLY S REDDICKDIRECTOR, IT BUSINESS	(i) (ii)	124,418 ............................... 0	3,110 ............................... 0	593 ............................... 0	26,067 ............................... 0	20,711 ............................... 0	174,899 ............................... 0	0 ............................... 0
13ANN F SMITH CPASENIOR CONTROLLER	(i) (ii)	127,065 ............................... 0	0 ............................... 0	3,931 ............................... 0	26,918 ............................... 0	15,196 ............................... 0	173,110 ............................... 0	0 ............................... 0
14RACHEL J B TAN PHDDIRECTOR, PYSCHOMETRICS	(i) (ii)	119,139 ............................... 0	0 ............................... 0	-2,402 ............................... 0	24,126 ............................... 0	10,337 ............................... 0	151,200 ............................... 0	0 ............................... 0
15PAUL V MILES MDFORMER VP	(i) (ii)	0 ............................... 0	0 ............................... 0	127,991 ............................... 0	0 ............................... 0	0 ............................... 0	127,991 ............................... 0	127,991 ............................... 0
16JAMES A STOCKMAN III MDSEE SCHEDULE J	(i) (ii)	80,809 ............................... 0	0 ............................... 0	712,629 ............................... 0	0 ............................... 0	553 ............................... 0	793,991 ............................... 0	212,363 ............................... 0

Schedule J (Form 990) 2014

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II.
Also complete this part for any additional information.

Return Reference

Explanation

Schedule J, Part I, Line 1a

THE ABP PROVIDES THE OPTION OF FIRST CLASS TRAVEL TO THE PRESIDENT, THE EXECUTIVE VICE PRESIDENT, AND THE CHAIRMAN OF THE BOARD OF DIRECTORS. THESE FIRST CLASS TICKETS ARE USUALLY PURCHASED USING UPGRADES. AS PART OF REPORTED TAXABLE INCOME TO COMMITTEE APPOINTEES OR SENIOR MANAGEMENT, THE ABP MAY COVER SPOUSE AIRFARE TO SELECTED ABP BUSINESS MEETINGS. THIS INFORMATION IS REPORTED ON PART VII AND SCHEDULE J UNDER OTHER TAXABLE INCOME.

Schedule J, Part I, Line 4

THE ABP PROVIDES A TAXABLE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FOR SOME SENIOR MANAGEMENT MEMBERS. THE FOLLOWING SUCH BENEFITS WERE PROVIDED IN THE CURRENT TAX YEAR: GAIL A. MCGUINNESS - EXECUTIVE VICE PRESIDENT $10,400

Schedule J (Form 990) 2014

Additional Data

Software ID:	14000267
Software Version:	v1.00

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization

AMERICAN BOARD OF PEDIATRICS INC

Employer identification number

23-1417504

Return Reference	Explanation
Form 990, Part I, Line 1	THE AMERICAN BOARD OF PEDIATRICS EXISTS TO ADVOCATE FOR AND IMPROVE THE HEALTH OF CHILDREN AS THEY GROW FROM INFANTS TO YOUNG ADULTS BY SETTING STANDARDS FOR PEDIATRIC PRACTICE AND SUPPORTING THE EFFORTS OF PHYSICIANS TO UNDERSTAND AND EMBRACE ADVANCES IN MEDICAL CARE. THE ABP DOES THIS BY ONGOING DESIGN AND EXECUTION OF AN INITIAL CERTIFICATION EXAMINATION TO LICENSED PHYSICIANS WHO HAVE COMPLETED A PEDIATRIC RESIDENCY AND/OR FELLOWSHIP, AND DESIGN OF FURTHER ACTIVITIES AND EXAMINATIONS THAT ALLOW PEDIATRICIANS TO MAINTAIN THEIR CERTIFICATION.
Form 990, Part III, Line 1	THE AMERICAN BOARD OF PEDIATRICS (ABP) CERTIFIES GENERAL PEDIATRICIANS AND PEDIATRIC SUBSPECIALISTS BASED ON STANDARDS OF EXCELLENCE THAT LEAD TO HIGH QUALITY HEALTH CARE FOR INFANTS, CHILDREN, AND ADOLESCENTS. ABP CERTIFICATION PROVIDES ASSURANCE TO THE PUBLIC THAT A GENERAL PEDIATRICIAN OR PEDIATRIC SUBSPECIALIST HAS SUCCESSFULLY COMPLETED ACCREDITED TRAINING AND FULFILLS THE CONTINUOUS EVALUATION REQUIREMENTS THAT ENCOMPASS THE SIX CORE COMPETENCIES: PATIENT CARE, MEDICAL KNOWLEDGE, PRACTICE-BASED LEARNING AND IMPROVEMENT, INTERPERSONAL AND COMMUNICATION SKILLS, PROFESSIONALISM, AND SYSTEMS-BASED PRACTICE. THE ABP'S QUEST FOR EXCELLENCE IS EVIDENT IN ITS RIGOROUS EVALUATION PROCESS AND IN NEW INITIATIVES UNDERTAKEN THAT NOT ONLY CONTINUALLY IMPROVE THE STANDARDS OF ITS CERTIFICATION BUT ALSO ADVANCE THE SCIENCE, EDUCATION, STUDY, AND PRACTICE OF PEDIATRICS.
Form 990, Part III, Line 4a	INITIAL CERTIFICATION IN GENERAL PEDIATRICS: BOARD CERTIFICATION IS A VOLUNTARY PROCESS THAT GOES ABOVE AND BEYONG STATE LICENSING REQUIREMENTS FOR PRACTICING MEDICINE. IT IS AN ONGOING COMMITMENT BY A PHYSICIAN TO CONTINUALLY UPDATE THEIR KNOWLEDGE IN A MEDICAL SPECIALTY, LIKE PEDIATRICS. SINCE IT BEGAN CERTIFYING PEDIATRICIANS IN 1933 THROUGH DECEMBER 31, 2014, THE ABP HAS CERTIFIED 112,059 PEDIATRICIANS. OF THE 4183 PHYSICIANS WHO TOOK THE GENERAL PEDIATRICS CERTIFYING EXAMINATION IN OCTOBER 2015, 76 PERCENT PASSED. TO BECOME CERTIFIED, A PHYSICIAN MUST COMPLETE AN ACCREDITED RESIDENCY TRAINING PROGRAM IN PEDIATRICS. THE DIRECTOR OF THAT TRAINING PROGRAM MUST VERIFY THAT THE PHYSICIAN IS COMPETENT IN ALL AREAS OF PRACTICE, AND THEN THE PHYSICIAN IS ALLOWED TO TAKE THE INITIAL CERTIFYING EXAM. IN ADDITION, BEFORE THE PHYISICIAN IS ALLOWED TO TAKE THE INITIAL CERTIFYING EXAMINATION HE/SHE MUST ALSO HOLD A VALID, UNRESTRICTED LICENSE TO PRACTICE MEDICINE. ONCE THEY HAVE PASSED THE INITIAL EXAMINATION, THEY ARE CERTIFIED BY THE ABP. (SEE 4C BELOW FOR HOW CERTIFICATION IS MAINTAINED).
Form 990, Part III, Line 4b	INITIAL CERTIFICATION IN PEDIATRIC SUBSPECIALTIES: AFTER RESIDENCY, SOME PEDIATRICIANS ALSO GO ON TO COMPLETE FURTHER ACCREDITED TRAINING IN PEDIATRIC SUBSPECIALTY FELLOWSHIP PROGRAMS. TO BECOME CERTIFIED BY THE ABP IN A SUBSPECIALTY, A PHYSICIAN MUST PASS A SECURE EXAMINATION THAT FOCUSES ON PRACTICE IN THE PARTICULAR SUBSPECIALTY. THE ABP OFFERS CERTIFICATION IN THESE 14 SUBSPECIALTIES: ADOLESCENT MEDICINE; CARDIOLOGY; CHILD ABUSE PEDIATRICS; CRITICAL CARE MEDICINE; DEVELOPMENTAL-BEHAVIORAL PEDIATRICS; EMERGENCY MEDICINE; ENDOCRINOLOGY;GASTROENTEROLOGY; HEMATOLOGY-ONCOLOGY; INFECTIOUS DISEASES; NEONATAL-PERINATAL MEDICINE; NEPHROLOGY; PULMONOLOGY; RHEUMATOLOGY. CERTIFICATIONS ARE AWARDED IN CONJUNCTION WITH OTHER SPECIALTY BOARDS IN THE AREAS OF: HOSPICE AND PALLATIVE MEDICINE, MEDICAL TOXICOLOGY, PEDIATRIC TRANSPLANT HEPATOLOGY, SLEEP MEDICINE, AND SPORTS MEDICINE. THE NUMBER OF PHYSICIANS TAKING THE EXAMS VARIES, DEPENDING ON THE SUBSPECIALTY. PASS RATES FOR THOSE TAKING THE EXAM FOR THE FIRST TIME RANGED FROM 74% TO 88% IN FY2015. 1536 APPLIED FOR SUBSPECIALTY EXAMINATIONS IN FY15. OF THOSE 1536, 1222 PASSED THE EXAMINATION AND BECAME CERTIFIED IN A SUBSPECIALTY
Form 990, Part III, Line 4c	MAINTENANCE OF CERTIFICATION. AFTER THEIR INITIAL CERTIFICATION, PEDIATRICIANS ARE ENROLLED IN THE MAINTENANCE OF CERTIFICATION (MOC) PROGRAM WHICH CONSISTS OF 4 PARTS: 1) PROFESSIONALISM 2) LIFELONG LEARNING AND SELF-ASSESSMENT 3) ASSESSMENT OF KNOWLEDGE, JUDGEMENT AND SKILLS 4) PRACTICE-BASED LEARNING AND IMPROVEMENT. DIPLOMATES OF THE AMERICAN BOARD OF PEDIATRICS MUST HOLD AN UNRESTRICTED MEDICAL LICENSE IN ORDER TO MAINTAIN CERTIFICATION. IN FISCAL YEAR 2015, THE ABP ADDED 16 NEW LIFELONG LEARNING AND SELF ASSESSMENT MODULES AND 30 ADDITIONAL ACTIVITIES WERE DEVELOPED. MOC REQUIRES THAT PEDIATRICIANS TAKE EXAMINATIONS EVERY 10 YEARS TO ASSESS THEIR KNOWLEDGE AND MEDICAL JUDGEMENT. QUALITY IMPROVEMENT (QI) ACTIVITIES FOR MOC ARE DESIGNED TO ENCOURAGE PEDIATRICIANS TO ASSESS THE QUALITY OF THEIR CARE AND ADOPT MORE EFFICIENT AND EFFECTIVE WAYS TO CARE FOR CHILDREN. IN FISCAL YEAR 2015, THE ABP ADDED 5 NEW PERFORMANCE IMPROVEMENT MODULES (PIMS) AND 7 WEB-BASED PIMS WERE APPROVED. 261 QI PROJECTS FOR LARGE TEAMS (MORE THAN 10 PHYSICIANS) WERE APPROVED OR RENEWED FOR MOC CREDIT. IN ADDITION, 212 QI PROJECTS FOR SMALL TEAMS (10 OR FEWER PHYSICIANS) WERE APPROVED FOR MOC CREDIT.
Form 990, Part IV, Line 4	ON AUGUST 7, 2015 THE IRS GRANTED THE AMERICAN BOARD OF PEDIATRICS, INC. (ABP) 501(C)3 STATUS. PRIOR TO THIS DATE THE ABP WAS A CONSIDERED A 501(C)6 TAX EXEMPT ORGANIZATION.
Form 990, Part VI, Section B, Line 11b	THE CONTROLLER PREPARES THE FORM 990 WHICH IS THEN REVIEWED BY THE CFO. THE RETURN IS THEN REVIEWED BY OUTSIDE TAX COUNSEL FOR COMPLIANCE. AFTER THIS REVIEW, THE FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. BOARD MEMBERS ARE ASKED TO FORWARD ANY COMMENTS, QUESTIONS, OR CONCERNS TO THE CFO SO THAT THEY CAN BE ADDRESSED PRIOR TO FILING THE RETURN.
Form 990, Part VI, Section B, Line 12c	THE AMERICAN BOARD OF PEDIATRICS HAS A CONFLICT OF INTEREST POLICY COVERING ITS DIRECTORS, COMMITTEE APPOINTEES, OFFICERS, AND KEY EMPLOYEES WHO MUST REVIEW THE POLICY ANNUALLY AND DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST VIA A SIGNED FORM. THE ABP CONFLICT OF INTEREST COMMITTEE REVIEWS AND MONITORS ALL CONFLICT OF INTEREST ISSUES. CONFLICTS OF APPOINTEES AND EMPLOYEES ATTENDING MEETINGS ARE DISCLOSED IN THE MEETING AGENDA MATERIALS AND THOSE WITH CONFLICTS DON'T PARTICIPATE IN THE VOTING ON ANY ISSUE WHERE THEY MAY HAVE A CONFLICT OF INTEREST. THE ABP ALSO MAINTAINS A CONFLICT OF INTEREST POLICY COVERING EMPLOYEES, WHO ARE REQUIRED TO DISCLOSE ANY ACTUAL OR PERCEIVED CONFLICTS OR INTEREST ON AN ANNUAL BASIS VIA A SIGNED STATEMENT. THESE STATEMENTS ARE REVIEWED BY THE VICE PRESIDENT FOR HUMAN RESOURCES AND THE PRESIDENT. EMPLOYEES ARE REMOVED FROM ANY DECISION MAKING ISSUES WHERE A CONFLICT MAY EXIST.
Form 990, Part VI, Section B, Line 15	IN 1988 THE ABP BEGAN ENGAGING AN INDEPENDENT COMPENSATION AND BENEFIT CONSULTING FIRM TO ASSIST IN DETERMINING ANNUAL COMPENSATION FOR ALL ABP STAFF, INCLUDING THE PRESIDENT. THE COMPENSATION STRATEGY DESIGNED FOR THE ABP EMPHASIZES PAY FOR PERFORMANCE AND IS BASED UPON THE SYSTEMATIC SLOTTING OF EACH ABP STAFF POSITION ON A GRADED SCALE. PAY FOR EACH GRADE IS THEN DETERMINED BY COMPARING EACH OF THE POSITIONS TO A COMPARABLE POSITION IN THE APPROPRIATE MARKETPLACE. I.E. LOCAL, REGIONAL, OR NATIONAL DEPENDING UPON THE JOB'S RESPONSIBILITIES AND ITS HIERARCHY WITHIN THE ORGANIZATION. A RANGE IS CREATED AROUND PERFORMANCE DICTATES HOW QUICKLY STAFF ADVANCE THROUGH THE GRADE. EACH YEAR, THE CONSULTANT MAKES A FORMAL PRESENTATION TO THE EXECUTIVE COMMITTEE DURING WHICH THE COMPENSATION STRATEGY, BENCHMARKS AND SALARY RECOMMENDATIONS ARE DISCUSSED. FOLLOWING THAT PRESENTATION, THE CONSULTANT MEETS WITH THE EXECUTIVE COMMITTEE IN A CLOSED SESSION, WITHOUT THE PRESENCE OF STAFF, TO REVIEW IN DETAIL THE SALARY BENCHMARKS FOR THE ABP PRESIDENT AND THE PHYSICIAN VICE PRESIDENTS ALONG WITH HIS RECOMMENDATIONS FOR SALARY ADJUSTMENTS FOR THESE POSITIONS. THE COMMITTEE DETERMINES WHETHER OR NOT TO APPROVE THE PROPOSED CHANGES. THESE DECISIONS ARE RECORDED IN THE MINUTES OF THE MEETING, WHICH ARE THEN FORWARDED TO THE CFO FOR IMPLEMENTATION
Form 990, Part VI, Section C, Line 19	THESE DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST AS DEEMED APPROPRIATE. WE ARE CONSIDERING OTHER MODES OF DELIVERY VIA THIRD PARTY SITES.
Form 990, Part VII, Section A, Line 1a	DR. JAMES STOCKMAN STEPPED DOWN AS PRESIDENT OF THE AMERICAN BOARD OF PEDIATRICS ON DECEMBER 31, 2012 AFTER 20 YEARS OF SERVICE TO THE ABP. HE REMAINED ON STAFF AS A SPECIAL ADVISOR WITH THE SAME COMPENSATION PACKAGE UNTIL HE OFFICIALLY RETIRED FROM THE ABP ON DECEMBER 31, 2013. INCLUDED IN HIS W-2 FOR 2014 ARE ACCRUED VACATION AND DEFERRED COMPENSATION PAYOUTS. BEGINNING IN JANUARY 2014 DR STOCKMAN BECAME A CONSULTANT TO THE ABP AS THE QUESTION OF THE WEEK EDITOR WORKING 20% TIME.
Form 990, Part IX, Line 11g	CONSULTANTS, MEDICAL EDITORS, HONORARIA TO COMMITTEE MEMBERS
Form 990, Part XI, Line 9	POST RETIREMENT BENEFIT ADJUSTMENT

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2014

Additional Data

Software ID:	14000267
Software Version:	v1.00

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBullet

Attach to Form 990.
MediumBullet

Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization

AMERICAN BOARD OF PEDIATRICS INC

Employer identification number

23-1417504

Part I

Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity

Part II

Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1) AMERICAN BOARD OF PEDIATRIC FOUNDATION 111 SILVER CEDAR COURT CHAPEL HILL,NC27514 56-1520520	SUPPORTING ORGANIZATION	NC	501(C) 3	SUPPORTING ORG	FILER	Yes

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) 2014

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	Yes	No

Schedule R (Form 990) 2014

Page 3

Part V

Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .

b Gift, grant, or capital contribution to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

c Gift, grant, or capital contribution from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

d Loans or loan guarantees to or for related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

e Loans or loan guarantees by related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

f Dividends from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

g Sale of assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

h Purchase of assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

i Exchange of assets with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

j Lease of facilities, equipment, or other assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .

k Lease of facilities, equipment, or other assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .

l Performance of services or membership or fundraising solicitations for related organization(s) . . . . . . . . . . . . . . . . . . . .

Yes

m Performance of services or membership or fundraising solicitations by related organization(s) . . . . . . . . . . . . . . . . . . . .

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) . . . . . . . . . . . . . . . . . . . . .

Yes

o Sharing of paid employees with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

p Reimbursement paid to related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

q Reimbursement paid by related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

r Other transfer of cash or property to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

s Other transfer of cash or property from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved
(1) AMERICAN BOARD OF PEDIATRIC FOUNDATION	b	4,127,341	CASH TRANSFER
(2) AMERICAN BOARD OF PEDIATRIC FOUNDATION	l	624,302	ALLOCATED SALARIES AND BENEFITS
(3) AMERICAN BOARD OF PEDIATRIC FOUNDATION	n	62,430	ALLOCATED OCCUPANCY BASED ON STAFF TIME SPENT ON PROGRAM

Schedule R (Form 990) 2014

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No

Schedule R (Form 990) 2014

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R (see instructions).

Return Reference	Explanation

Schedule R (Form 990) 2014

Additional Data

Software ID:	14000267
Software Version:	v1.00

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........		0
9	Program service revenue (Part VIII, line 2g) .........	25,299,432	26,621,654
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	2,176,880	3,777,485
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	62,664	69,094
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)...................	27,538,976	30,468,233
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...		4,161,189
14	Benefits paid to or for members (Part IX, column (A), line 4).....		0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	14,129,797	15,391,183
16a	Professional fundraising fees (Part IX, column (A), line 11e).....		0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	10,995,357	10,247,484
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	25,125,154	29,799,856
19	Revenue less expenses. Subtract line 18 from line 12.......	2,413,822	668,377
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	102,658,677	107,308,949
21	Total liabilities (Part X, line 26).............	34,485,234	42,916,824
22	Net assets or fund balances. Subtract line 21 from line 20.....	68,173,443	64,392,125

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 3,795,225 including grants of $ ) (Revenue $ 10,841,625 )
	GENERAL PEDIATRICS INITIAL CERTIFICATION - SEE FULL DESCRIPTION ON SCHEDULE O. THIS DOES NOT INCLUDE GENERAL PEDIATRIC ADMINISTRATIVE EXPENSES OF $ 1,203,341. ADMINSTRATIVE EXPENSES ARE DETAILED IN PART IX COLUMN C.

4b	(Code: ) (Expenses $ 4,982,448 including grants of $ ) (Revenue $ 4,975,345 )
	SUBSPECIALTY CERTIFICATION - SEE FULL DESCRIPTION ON SCHEDULE O THIS DOES NOT INCLUDE SUBSPECIALTY CERTIFICATION ADMINSTRATIVE EXPENSES OF $2,076,120. ADMINISTRATIVE EXPENSES ARE DETAILED IN PART IX COLUMN C.

4c	(Code: ) (Expenses $ 8,782,088 including grants of $ ) (Revenue $ 10,644,504 )
	MAINTENANCE OF CERTIFICATION (MOC) - SEE FULL DESCRIPTION ON SCHEDULE O. THIS DOES NOT INCLUDE MOC ADMINSTRATIVE EXPENSES OF $ 3,123,663. THESE ADMINSTRATIVE EXPENSES ARE DETAILED IN PART IX COLUMN C.

	(Code: ) (Expenses $ 5,191,533 including grants of $ 4,127,341 ) (Revenue $ 0 )
	TO FUND RESEARCH AND EDUCATIONAL INITIATIVES IN THE PEDIATRIC FIELD

	(Code: ) (Expenses $ 33,848 including grants of $ 33,848 ) (Revenue $ 0 )
	MATCH OF STAFF DONATION TO STAFF SELECTED CHARITY - PROGRAM TO PROVIDE SUPPORT AND ASSISTANCE TO CHILDREN WITH INCARCERATED PARENTS IN NORTH CAROLINA

	(Code: ) (Expenses $ 611,590 including grants of $ 0 ) (Revenue $ 229,274 )
	INTERNATIONAL EXAMINATIONS AND OTHER ANCILLARY PROGRAMS RELATED TO PEDIATRIC EXAMINATIONS AND CREDENTIALLING OF CANDIDATES

4d	Other program services (Describe in Schedule O.)
	(Expenses $ 5,836,971 including grants of $ 4,161,189 ) (Revenue $ 229,274 )
4e	Total program service expenses23,396,732

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)............	5,086,228	0	808,774

				(A) Total revenue	(B) Related or exempt function revenue	(C) Unrelated business revenue	(D) Revenue excluded from tax under sections 512-514
1a	Federated campaigns..1a
b	Membership dues....1b
c	Fundraising events....1c
d	Related organizations...1d
e	Government grants (contributions)1e

f	All other contributions, gifts, grants, and similar amounts not included above1f

g	Noncash contributions included in lines 1a-1f:$
h	Total. Add lines 1a-1f.......			0
			Business Code
2a	GENERAL WRITTEN EXAMS		900099	10,841,625	10,841,625	0	0
b	MAINTENANCE OF CERTIFICATION		900099	10,644,504	10,644,504	0	0
c	SUBSPECIALTY EXAMS		900099	4,975,345	4,975,345	0	0
d	ABMS INTERNATIONAL		900099	86,250	86,250	0	0
e	INTERNATIONAL ITE		900099	73,930	73,930	0	0
f	All other program service revenue .			0	0	0	0
g	Total. Add lines 2a–2f........			26,621,654
3	Investment income (including dividends, interest, and other similar amounts).......			1,883,817	0	0	1,883,817
4	Income from investment of tax-exempt bond proceeds..			0	0	0	0
5	Royalties...........			0	0	0	0
		(i) Real	(ii) Personal
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)	0	0
d	Net rental income or (loss).......
		(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	2,750,687	9,675
b	Less: cost or other basis and sales expenses	0	866,694
c	Gain or (loss)	2,750,687	-857,019
d	Net gain or (loss)..........			1,893,668	0	0	1,893,668
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ..
	a
b	Less: direct expenses ...b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities...
10a	Gross sales of inventory, less returns and allowances .
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..
Miscellaneous Revenue			Business Code
11a	MISCELLANEOUS INCOME		900099	69,094	69,094	0	0
b
c
d	All other revenue ....			0	0	0	0
e	Total. Add lines 11a–11d ......			69,094
12	Total revenue. See Instructions......			30,468,233	26,690,748	0	3,777,485

1	Briefly describe the organization’s mission or most significant activities: see Schedule O
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	15
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	13
5	Total number of individuals employed in calendar year 2014 (Part V, line 2a) ......	5	110
6	Total number of volunteers (estimate if necessary) .............	6	250
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	0
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	0


				(A) Beginning of year		(B) End of year
1	Cash–non-interest-bearing .............			50	1	50
2	Savings and temporary cash investments .........			7,696,683	2	7,332,299
3	Pledges and grants receivable, net ...........				3
4	Accounts receivable, net .............			119,596	4	218,351
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L ..................
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
					6
7	Notes and loans receivable, net .............				7
8	Inventories for sale or use ..............				8
9	Prepaid expenses and deferred charges ..........			272,060	9	258,135
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	18,250,184
b	Less: accumulated depreciation .....	10b	7,723,293	10,508,145	10c	10,526,891
11	Investments—publicly traded securities ..........			83,290,966	11	87,294,974
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 .....			283,530	13	0
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			487,647	15	1,678,249
16	Total assets. Add lines 1 through 15 (must equal line 34)......			102,658,677	16	107,308,949
17	Accounts payable and accrued expenses .........			2,984,863	17	2,962,855
18	Grants payable .................				18
19	Deferred revenue ................			25,094,108	19	31,726,444
20	Tax-exempt bond liabilities .............				20
21	Escrow or custodial account liability. Complete Part IV of Schedule D..				21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..........				22
23	Secured mortgages and notes payable to unrelated third parties ..				23
24	Unsecured notes and loans payable to unrelated third parties ....				24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D....................			6,406,263	25	8,227,525
26	Total liabilities. Add lines 17 through 25.........			34,485,234	26	42,916,824
	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets ..............			68,173,443	27	64,392,125
28	Temporarily restricted net assets ...........			0	28	0
29	Permanently restricted net assets ...........			0	29	0
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds ........				30
31	Paid-in or capital surplus, or land, building or equipment fund .....				31
32	Retained earnings, endowment, accumulated income, or other funds				32
33	Total net assets or fund balances ...........			68,173,443	33	64,392,125
34	Total liabilities and net assets/fund balances ........			102,658,677	34	107,308,949

1	Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes,"the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926)......................................	Yes	No
2	Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; do not file with Form 990)............................	Yes	No
3	Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471)..............................	Yes	No
4	Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621)...............................................	Yes	No
5	Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships. (see Instructions for Form 8865)....................................	Yes	No
6	Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to file Form 5713, International Boycott Report (see Instructions for Form 5713; do not file with Form 990).....................................	Yes	No