American Physical Therapy Association
- Assets
- $76.1m
- Revenue
- $51.5m
- Investments
- $0.0
- Employees
- 162
- Location
- Alexandria, VA
- Founding
- 01/1945
- Data as of
- 12/2023
- EIN
- 13-1512769
Organization Overview
American Physical Therapy Association is located in Alexandria, VA. The organization was established in 1945. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. As of 12/2023, American Physical Therapy Association employed 162 individuals. This organization is the central organization for a national or regional group of organizations. American Physical Therapy Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, American Physical Therapy Association generated $51.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $48.8m during the year ending 12/2023. While expenses have increased by 1.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Physical Therapy Association has awarded 62 individual grants totaling $7,644,403. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCING THE PROFESSION OF PHYSICAL THERAPY TO IMPROVE THE HEALTH OF SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP:SUPPORTS THE MEMBERSHIP OF APPROXIMATELY 100,000 IN AREAS OF RETENTION, RECRUITMENT AND ENGAGEMENT. ALSO SERVES THE MEMBERSHIP THROUGH COMPONENT RELATIONS, GOVERNANCE, AND MEMBER COMMUNICATIONS VIA SOCIAL MEDIA AND SUBSCRIPTIONS.
CONFERENCES: ANNUAL PHYSICAL THERAPY CONFERENCE WITH APPROX 15,000 ATTENDEES
PROFESSIONAL AFFAIRS:PROMOTES AND ENFORCES PROFESSIONAL STANDARDS IN THE PHYSICAL THERAPY PROFESSION.
PUBLIC AFFAIRS:SERVES THE MEMBERSHIP IN ACCREDITATION, COMPETENCY REGULATIONS, AND PUBLIC RECOGNITION OF PHYSICAL THERAPY CONTRIBUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Herr President | OfficerTrustee | 20 | $25,000 |
Susan Appling Vice President | OfficerTrustee | 20 | $20,000 |
Kip Schick Secretary | OfficerTrustee | 20 | $20,000 |
Jeanine Gunn Treasurer | OfficerTrustee | 20 | $20,000 |
William Mcgehee Speaker Of The House | OfficerTrustee | 20 | $20,000 |
Kyle Covington Vice Speaker | OfficerTrustee | 20 | $20,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Psi Services Exam Administration Services | 12/30/23 | $1,126,253 |
Freeman Expositions Llc Event Services | 12/30/23 | $2,650,529 |
Walsworth Publishing Company Inc Printing And Publishing Company | 12/30/23 | $582,057 |
Education Management Solutions Technology Platform | 12/30/23 | $396,740 |
Hbp Inc Commercial Printing | 12/30/23 | $391,781 |
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 | $445,550 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $445,550 |
| Total Program Service Revenue | $43,957,908 |
| Investment income | $1,373,573 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $3,801,885 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,944,307 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$22,763 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $51,500,460 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $802,006 |
| Grants and other assistance to domestic individuals. | $8,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,633,755 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,164,985 |
| Pension plan accruals and contributions | $404,162 |
| Other employee benefits | $2,883,299 |
| Payroll taxes | $1,027,919 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $199,604 |
| Fees for services: Accounting | $153,420 |
| Fees for services: Lobbying | $3,305,586 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $54,657 |
| Fees for services: Other | $2,090,289 |
| Advertising and promotion | $275,351 |
| Office expenses | $3,228,113 |
| Information technology | $46,071 |
| Royalties | $0 |
| Occupancy | $2,849,692 |
| Travel | $2,200,284 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,329,055 |
| Interest | $0 |
| Payments to affiliates | $2,486,817 |
| Depreciation, depletion, and amortization | $706,233 |
| Insurance | $221,690 |
| All other expenses | $983,666 |
| Total functional expenses | $48,771,728 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,016 |
| Savings and temporary cash investments | $17,301,774 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $391,863 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $107,320 |
| Prepaid expenses and deferred charges | $473,863 |
| Net Land, buildings, and equipment | $596,787 |
| Investments—publicly traded securities | $29,068,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,107,330 |
| Total assets | $76,087,953 |
| Accounts payable and accrued expenses | $1,866,872 |
| Grants payable | $0 |
| Deferred revenue | $22,374,775 |
| 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 | $4,609,852 |
| Total liabilities | $28,851,499 |
| Net assets without donor restrictions | $47,236,454 |
| 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 | $76,087,953 |
Grants Awarded
Over the last fiscal year, American Physical Therapy Association has awarded $772,006 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
ACADEMY OF PELVIC HEALTH PHYSICAL THERAPY PURPOSE: COMPONENT DEI GRANT PAYMENT 2023 | $10,000 |
ACADEMY OF ACUTE CARE PHYSICAL THERAPY PURPOSE: COMPONENT DEI GRANT PAYMENT 2023 | $8,500 |
ALABAMA PHYSICAL THERAPY ASSOCIATION PURPOSE: COMPONENT SP GRANT PAYMENT 2023 | $10,000 |
APTA MONTANA CHAPTER PURPOSE: COMPONENT SP GRANT PAYMENT | $10,000 |
APTA OF MASSACHUSETTS PURPOSE: COMPONENT DEI GRANT PAYMENT 20 | $10,000 |
ASAE THE CENTER FOR ASSOCIATION LEADERSHIP PURPOSE: SUMMIT 2023 | $6,000 |