Medical Educational And Scientific Foundation Of New York Inc
- Assets
- $656.4k
- Revenue
- $140.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Westbury, NY
- Founding
- 09/1987
- Data as of
- 12/2023
- EIN
- 11-2780360
Organization Overview
Medical Educational And Scientific Foundation Of New York Inc is located in Westbury, NY. The organization was established in 1987. According to its NTEE Classification (I72) the organization is classified as: Child Abuse Prevention, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medical Educational And Scientific Foundation Of New York Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Medical Educational And Scientific Foundation Of New York Inc generated $140.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $177.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE MEDICINE THROUGH CHARITABLE EDUCATIONAL AND SCIENTIFIC ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
WOMAN PHYSICIANS: TAKING LEADERSHIP ROLES IN THE MEDICAL COMMMUNITY THIS PROJECT FOCUSED ON DEALING WITH THE REALITY THAT, FOR A VARIETY OF REASONS, WOMEN PHYSICIANS HAVE BECOME A GROWING AND MORE IMPORTANT FORCE IN THE DELIVERY OF HEALTH CARE BUT HAVE NOT ACHIEVED LEADERSHIP EQUILIBRIUM WITH THEIR MALE COLLEAGUES. THE REASONS ARE BOTH SOCIOLOGICAL AND FINANCIAL AND ALSO REFLECT THE FACT THAT WOMEN PHYSICIANS TEND TO SELECT THE LOWER PAID SPECIALTIES. THIS LEADERSHIP SEMINAR WAS LIMITED TO WOMAN PHYSICIANS ANE FOCUSED ON CREDITABLE SKILLS WOMEN PHYSICIANS NEED TO ADVANCE THEIR STATUS IN THE MEDICAL WORKFORCE.
PRACTICE TRANSFORMATION INITIATIVE PRACTICE TRANSFORMATION INITIATIVE IS A PROGRAM FACILITATING THE ABILITY OF PHYSICIANS TO MOVE FROM ONE SPECIALTY TO ANOTHER WHILE CONTINUING TO DELIVER MEDICAL SERVICES TO PATIENTS. THE PROGRAM HAS ENABLED PHYSICIANS TO INCORPORATE NEW AND UPDATED SKILLS AND STAY ABREAST OF DEVELOPMENTS IN THEIR FIELD.
PEER TO PEER COUNSELING PEER TO PEER IS A PROGRAM DEVELOPED BY THE MEDICAL SOCIETY OF THE STATE OF NEW YORK TO ASSIST PHYSICIANS IN RESIDENCY WITH GUIDANCE FROM MORE SENIOR EXPERIENCED PHYSICIANS. THE PROGRAM HAS PROVEN TO BE AN OUTSTANDING SUCCESS OVER THE PAST SIX YEARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Murray MD President | OfficerTrustee | $0 | |
Linda Clark MD Director | Trustee | $0 | |
Jocelyn Young DO Secretary | OfficerTrustee | $0 | |
Braunstein Ellen MD Director | Trustee | $0 | |
Janine Fogarty MD Vice President | OfficerTrustee | $0 | |
Leslie Marino MD Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $140,167 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,167 |
| Total Program Service Revenue | $0 |
| Investment income | $104 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $140,271 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $34,167 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,995 |
| Payroll taxes | $2,613 |
| Fees for services: Management | $27,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $77 |
| Information technology | $1,250 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $60,962 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,469 |
| All other expenses | $0 |
| Total functional expenses | $177,658 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,605 |
| Savings and temporary cash investments | $533,279 |
| Pledges and grants receivable | $32,512 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $979 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $656,375 |
| Accounts payable and accrued expenses | $141,881 |
| Grants payable | $0 |
| Deferred revenue | $193,745 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $335,626 |
| Net assets without donor restrictions | $320,749 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $656,375 |