TY 2019 Form 990 Schedule O

efile Public Visual Render ObjectId: 202002309349301540 - Submission: 2020-08-17 TIN: 36-4135679

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.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization

NATIONAL BOARD OF OSTEOPATHIC MEDICAL
EXAMINERS INC

Employer identification number

36-4135679

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 2	ONE EMPLOYEE OF THE ORGANIZATION IS A FAMILY MEMBER OF AN OFFICER(S). SEE DISCLOSURE INCLUDED IN SCHEDULE L.
FORM 990, PART VI, SECTION B, LINE 11B	ORGANIZATION'S PROCESS TO REVIEW: FORM 990 THE FORM 990 IS POSTED TO THE NBOME SHAREPOINT AND AN EMAIL IS SENT TO EACH BOARD MEMBER INFORMING THEM THAT IT IS AVAILABLE FOR THEIR REVIEW. QUESTIONS OR CONCERNS THAT ANY BOARD MEMBERS HAVE ARE DIRECTED TO THE CFO AND ARE ADDRESSED BEFORE THE FORM 990 IS FILED.
FORM 990, PART VI, SECTION B, LINE 12C	COMMITTEE AND BOARD MEMBERS ARE REQUIRED TO SIGN DISCLOSURE AND CONFIDENTIALITY STATEMENTS AT EACH MEETING. IF A POTENTIAL CONFLICT OF INTEREST ARISES, IT IS DISCUSSED WITH THE CHAIR OF THE BOARD. IF IT IS DEEMED TO BE A CONFLICT, THE INDIVIDUAL IS ASKED TO LEAVE DURING ANY RELATED DISCUSSIONS.
FORM 990, PART VI, SECTION B, LINE 15A	THE FINANCE COMMITTEE, EXECUTIVE COMMITTEE, AND BOARD OF DIRECTORS APPROVE THE COMPENSATION PACKAGE UPON HIRE AFTER COMPARING THE COMPENSATION TO DATA FROM LOCAL AND NATIONAL COMPENSATION STUDIES AS WELL AS COMPARING TO SIMILAR ORGANIZATIONS COMPENSATION DATA.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION DOES NOT MAKE ITS BYLAWS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
FORM 990, PART IX, LINE 11G	EXAM PHYSICIAN RATERS: PROGRAM SERVICE EXPENSES 822,293. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 822,293. DIRECT EXAMINATION ADMINISTRTAION: PROGRAM SERVICE EXPENSES 6,507,320. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,507,320.
FORM 990, PART XI, LINE 9:	ADJUSTMENT TO BEGINNING NET ASSETS DUE TO ADOPTION OF REVENUE RECOGNITION -3,072,576.
PART XII, LINE 2C	THE ORGANIZATION'S AUDIT COMMITTEE AND BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. THERE HAS BEEN NO CHANGE IN THIS ROLE FROM THE PRIOR YEAR.
PART XI, LINE 8	IN ADOPTING THE REVENUE RECOGNITION STANDARD, NBOME CHOSE THE MODIFIED RETROSPECTIVE TRANSITION METHOD AND RECOGNIZED THE CUMULATIVE EFFECT DECREASE ON BEGINNING NET ASSETS OF $3,072,576.

Return Reference

Explanation

FORM 990, PART VI, SECTION A, LINE 2

ONE EMPLOYEE OF THE ORGANIZATION IS A FAMILY MEMBER OF AN OFFICER(S). SEE DISCLOSURE INCLUDED IN SCHEDULE L.

FORM 990, PART VI, SECTION B, LINE 11B

ORGANIZATION'S PROCESS TO REVIEW: FORM 990 THE FORM 990 IS POSTED TO THE NBOME SHAREPOINT AND AN EMAIL IS SENT TO EACH BOARD MEMBER INFORMING THEM THAT IT IS AVAILABLE FOR THEIR REVIEW. QUESTIONS OR CONCERNS THAT ANY BOARD MEMBERS HAVE ARE DIRECTED TO THE CFO AND ARE ADDRESSED BEFORE THE FORM 990 IS FILED.

FORM 990, PART VI, SECTION B, LINE 12C

COMMITTEE AND BOARD MEMBERS ARE REQUIRED TO SIGN DISCLOSURE AND CONFIDENTIALITY STATEMENTS AT EACH MEETING. IF A POTENTIAL CONFLICT OF INTEREST ARISES, IT IS DISCUSSED WITH THE CHAIR OF THE BOARD. IF IT IS DEEMED TO BE A CONFLICT, THE INDIVIDUAL IS ASKED TO LEAVE DURING ANY RELATED DISCUSSIONS.

FORM 990, PART VI, SECTION B, LINE 15A

THE FINANCE COMMITTEE, EXECUTIVE COMMITTEE, AND BOARD OF DIRECTORS APPROVE THE COMPENSATION PACKAGE UPON HIRE AFTER COMPARING THE COMPENSATION TO DATA FROM LOCAL AND NATIONAL COMPENSATION STUDIES AS WELL AS COMPARING TO SIMILAR ORGANIZATIONS COMPENSATION DATA.

FORM 990, PART VI, SECTION C, LINE 19

THE ORGANIZATION DOES NOT MAKE ITS BYLAWS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.

FORM 990, PART IX, LINE 11G

EXAM PHYSICIAN RATERS: PROGRAM SERVICE EXPENSES 822,293. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 822,293. DIRECT EXAMINATION ADMINISTRTAION: PROGRAM SERVICE EXPENSES 6,507,320. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,507,320.

FORM 990, PART XI, LINE 9:

ADJUSTMENT TO BEGINNING NET ASSETS DUE TO ADOPTION OF REVENUE RECOGNITION -3,072,576.

PART XII, LINE 2C

THE ORGANIZATION'S AUDIT COMMITTEE AND BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. THERE HAS BEEN NO CHANGE IN THIS ROLE FROM THE PRIOR YEAR.

PART XI, LINE 8

IN ADOPTING THE REVENUE RECOGNITION STANDARD, NBOME CHOSE THE MODIFIED RETROSPECTIVE TRANSITION METHOD AND RECOGNIZED THE CUMULATIVE EFFECT DECREASE ON BEGINNING NET ASSETS OF $3,072,576.

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

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2019

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