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Texas · Nonprofit

FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC

FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC (Texas) receives grants from 1 organization whose IRS filings report $1,790 to it, the largest being ZAFAR AND MIR FOUNDATION INC ($1,790). 0 of them have funded it in more than one year.

Revenue FY2025
$67M
Funders on record
1
Grants received
$2k
Net assets
$90M
0/1 repeat funderspeak grant-dependency 0%
01What it does

What Federation of State Medical Boards of the United States Inc does

Mission

The fsmb serves as the voice for state medical boards, supporting them through education, assessment, research and advocacy while providing services and initiatives that promote patient safety, quality health care and regulatory best practices.

As stated on its FY2025 Form 990.

Programs

  1. Credentials verification service:the credentials verification service establishes a permanent, lifetime repository of primary-source verified core credentials for physicians and physician assistants eliminating the need to go through the time and effort of assembling and forwarding this information every time they need to be credentialed or licensed.

  2. Member services:fsmb supports state medical boards as they protect the public and promote quality health care, partnering and innovating with them to shape the future of medical regulation.

  3. Special purpose examination (spex) and united states medical licensing examination (usmle):the federation makes available to member medical boards, a uniform, high quality examination for medical licensure along with administering the exams. Approximately 97 spex exams were completed and 38,283 examinees sat for step three of usmle. Also, approximately 113,294 transcript requests were processed.

  4. Physician data center:the federation maintains a database of physicians licensed in the us and its territories. State medical boards provide disciplinary updates on physicians licensed in each jurisdiction. Over 378,921 data and/or disciplinary searches were made during the year.

The 4 programs described on its FY2024 Form 990, listed largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($48M) Expenses 100 ($44M) Net assets 100 ($28M)2018 Revenue 98 ($47M) Expenses 94 ($41M) Net assets 122 ($34M)2019 Revenue 104 ($50M) Expenses 102 ($45M) Net assets 141 ($40M)2020 Revenue 108 ($51M) Expenses 102 ($45M) Net assets 153 ($43M)2021 Revenue 114 ($54M) Expenses 110 ($49M) Net assets 204 ($58M)2022 Revenue 129 ($61M) Expenses 118 ($52M) Net assets 222 ($63M)2023 Revenue 132 ($63M) Expenses 118 ($52M) Net assets 256 ($72M)2024 Revenue 148 ($71M) Expenses 136 ($60M) Net assets 299 ($85M)2025 Revenue 141 ($67M) Expenses 148 ($65M) Net assets 317 ($90M)
'17'18'19'20'21'22'23'24'25
Revenue (141)Expenses (148)Net assets (317)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $59M to $78M (+33%).

$47M
$52M
$58M
$59M
$78M
$83M
$96M
$111M
$116M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 1% · 2018 1% · 2019 1% · 2020 0% · 2021 4% · 2022 1% · 2023 0% · 2024 4% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

1% of FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC’s revenue is contributions — about as donation-reliant as the typical peer (7% for the typical peer).

This organization
Typical peer · 4,743 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$3.5M
’17
$5.2M
’18
$4.8M
’19
$6.3M
’20
$5.8M
’21
$9.3M
’22
$11M
’23
$10M
’24
$1.7M
’25
6.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Humayun Chaudhry

CEO

Board chair

Katie Templeton

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2017 and FY2018, and between the FY2019 and FY2020 filings.

'17'18'19'20'21'22'23'24'25
Listed242526232324252429
Joined·+8+6+2+4+3+6+3+7
No longer listed·75542542
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'22
total
funders
1

From the IRS filings of FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC draws 100% of its grant income from funders outside Texas, across 1 state in all.

IA

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC holds deeper cash reserves than three-quarters of the 2,843 health nonprofits its size.

Operating margin3% · below the median
Months of reserve6.6mo · top quartile
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 2,843 health nonprofits $10M–$100M, FY2025

Government funding FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $6.2M on record.

Federal$6.2M
grants $5.2Mcontracts $1.1M
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of Health and Human Services$5.2M
  • Department of Veterans Affairs$450k
  • Department of Justice$448k
  • Department of Transportation$147k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

15
board members
80%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 1 related entity

  • Federation of State Medical Boards Research and Education Fdn · exempt

Screen this organization

A dated, signed PDF of the compliance screen for FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC?
FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC (Texas) receives grants from 1 organization whose IRS filings report $1,790 to it, the largest being ZAFAR AND MIR FOUNDATION INC ($1,790). 0 of them have funded it in more than one year.
How many funders does FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC have?
IRS filings report 1 organization giving $1,790 in grants to FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC.
Who is the largest funder of FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC?
ZAFAR AND MIR FOUNDATION INC is the largest funder on record, with $1,790 in grants. The full list of funders is on this page.
How can an organization like FEDERATION OF STATE MEDICAL BOARDS OF THE UNITED STATES INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Federation of State Medical Boards of the United States →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing