National Board of Medical Examiners
National Board of Medical Examiners reported $189.8 million in revenue and $178.6 million in expenses for calendar year 2024. Of every $100 it spent, $80.30 went to program services, $19.70 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 91.4% of the total. The highest compensation it reported for one person was $2,172,839 (President & CEO). 330 people received more than $100,000 in reportable compensation. Revenue rose 5% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $179MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $190MOther revenue was negative: −$23,296. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 80.3% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 19.7% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 91.4% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $2,172,839 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.22% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 330 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 24.8 | 6.6 |
| Independent voting board members Part VI 1a–1b | 11 of 12 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseThe United States Medical Licensing Examination (USMLE) is a three-step examination for medical licensure in the United States and is sponsored by the Federation of State Medical Boards (FSMB) and NBME. The USMLE program supports medical licensing authorities in the United States through its leadership in the development, delivery, and continual improvement of high-quality assessments across the continuum of physicians' preparation for practice. It assesses a physician's ability to apply knowledge, concepts, and principles that are important in health and disease and that constitute the basis…
The Medical School and Student Services program provides assessment services to domestic and international medical schools, students, and residents. Assessments include the subject examination program, self-assessment services, and web-based examination programs and pilot projects. Subject exams measure achievement in the traditional basic and clinical science disciplines and are used to compare student performance with a national reference group. A series of web-based self-assessments are available to help students assess their readiness to take USMLE. Faculty services include item-writing…
The Growth and Innovation unit includes the Office of Research which supports NBMEs research enterprise by coordinating NBMEs research efforts across the organization and ensuring that NBMEs research portfolio is consistent with institutional priorities. In addition to these defined programs of research and development, each program area and service unit is charged to carry on a program of research and development relevant to the work of the program or unit, for example, development of new item formats for USMLE, exploring relationships between prior measures and certifying exam performance…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President & CEO Director/trustee, officer, 45.00 hrs/week | $2,021,966 | $0 | $150,873 | $2,172,839 |
| SVP & CFO Officer, 45.00 hrs/week | $362,024 | $0 | $214,660 | $576,684 |
| SVP, C&P Mgmt Officer, 45.00 hrs/week | $401,336 | $0 | $157,008 | $558,344 |
| SVP, Gen Couns Officer, 45.00 hrs/week | $400,540 | $0 | $121,745 | $522,285 |
| SVP & CIO Officer, 45.00 hrs/week | $379,272 | $0 | $136,073 | $515,345 |
| SVP, Assessment Officer, 45.00 hrs/week | $391,271 | $0 | $122,989 | $514,260 |
| AVP, CBA Listed in Part VII, 45.00 hrs/week | $431,422 | $0 | $77,109 | $508,531 |
| SVP, Growth Officer, 45.00 hrs/week | $347,095 | $0 | $139,131 | $486,226 |
330 people received more than $100,000 in reportable compensation from National Board of Medical Examiners (Part VII, line 2). Compensation of current officers, directors and key employees totaled $5.7M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b12 · 11 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5647
- Volunteers Part I, line 6679
Correct a figure or respond
Every number above is copied from National Board of Medical Examiners's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for National Board of Medical Examiners, you can publish a response that is linked from this page.
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Of every $100 National Board of Medical Examiners spent in 2024, $80.30 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of National Board of Medical Examiners's spending goes to programs?
In calendar year 2024, National Board of Medical Examiners reported that 80.3% of its $178.6 million in expenses went to program services, 19.7% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does National Board of Medical Examiners pay its top executive?
The largest total compensation National Board of Medical Examiners reported for one person in calendar year 2024 was $2,172,839, for the role of President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does National Board of Medical Examiners get its money?
Of $189.8 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 91.4% from program service revenue (Form 990, Part VIII).
Is National Board of Medical Examiners a registered charity?
The IRS lists EIN 23-1352238 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202523189349308872 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403209349311880 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333179349309658 · read the filing
- 2021: Form 990 for calendar year 2021, object 202213159349306286 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103169349309315 · read the filing
- 2019: Form 990 for calendar year 2019, object 202031919349302173 · read the filing
All filings for EIN 23-1352238: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.