Foundation For Advancement Of Intl Medical Education And Research
- Assets
- $62.7m
- Revenue
- $3.2m
- Investments
- $24.2m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 11/2000
- Data as of
- 12/2022
- EIN
- 23-3057423
Organization Overview
Foundation For Advancement Of Intl Medical Education And Research, operating under the name Intealth, is located in Philadelphia, PA. The organization was established in 2000. According to its NTEE Classification (H11) the organization is classified as: Single Organization Support, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Intealth 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 12/2022, Intealth generated $3.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $5.0m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THROUGH PARTNERSHIP AND COLLABORATION: - CONDUCT DATA ANALYSES AND RESEARCH TO INFORM POLICIES AND PROGRAM DEVELOPMENT IN SUPPORT OF INTEALTH MISSIONS - SUPPORT THE EDUCATION OF PHYSICIANS AND OTHER HEALTH CARE PROFESSIONALS WORLDWIDE - DEVELOP RESOURCES ON HEALTH CARE WORKFORCE USED BY GLOBAL COMMUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAIMER GLOBAL - INTEGRATING OUR INTERNATIONAL PARTNERSHIPS TO ADVANCE HEALTH PROFESSIONS EDUCATION AND WORKFORCE DEVELOPMENT THROUGH THE INTERNATIONAL FAIMER INSTITUTE, FAIMER REGIONAL INSTITUTES, AND A GLOBAL COMMUNITY OF FELLOWS.
WORLD RESOURCES- PROVIDING AUTHORITATIVE AND COMPREHENSIVE INFORMATION ON HEALTH PROFESSIONS EDUCATION TO USERS ACROSS THE GLOBE, INCLUDING INTERNATIONAL MEDICAL SCHOOLS, REGULATORY AUTHORITIES, AND ACCREDITING AGENCIES.
IMG SUPPORT - ANALYZING THE NEEDS OF INTERNATIONAL MEDICAL GRADUATES (IMGS) AND THEIR CONTRIBUTIONS TO HEALTH CARE IN THE UNITED STATES THROUGH DATA ANALYSIS, POLICY DEVELOPMENT, AND TOOLS FOR IMGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William W Pinsky MD Board Chair | OfficerTrustee | 5 | $0 |
Jeanette Mladenovic MD MBA Faimer President | OfficerTrustee | 40 | $0 |
Nael A Abouzaki JD Board Member | Trustee | 2 | $0 |
Cheryll Albold PHD Ms Ed Board Member | Trustee | 2 | $0 |
Barbara Barzansky PHD Mhpe Board Member | Trustee | 2 | $0 |
Pamela Blizzard MBA Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,448,852 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,155 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,452,007 |
| Total Program Service Revenue | $306,795 |
| Investment income | $1,202,585 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $249,545 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,210,932 |
| 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 | $42,537 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $653,605 |
| Compensation of current officers, directors, key employees. | $152,349 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,885,505 |
| Pension plan accruals and contributions | $228,051 |
| Other employee benefits | $727,666 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| 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 | $346,823 |
| Fees for services: Other | $271,028 |
| Advertising and promotion | $0 |
| Office expenses | $36,240 |
| Information technology | $62,142 |
| Royalties | $0 |
| Occupancy | $171,933 |
| Travel | $79,561 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,597 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,304 |
| Insurance | $41,582 |
| All other expenses | $0 |
| Total functional expenses | $4,978,905 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $899,433 |
| Savings and temporary cash investments | $52,476 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $52,000 |
| 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 | $102,669 |
| Net Land, buildings, and equipment | $10,791 |
| Investments—publicly traded securities | $37,039,795 |
| Investments—other securities | $24,157,022 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $346,891 |
| Total assets | $62,661,077 |
| Accounts payable and accrued expenses | $697,648 |
| Grants payable | $0 |
| Deferred revenue | $21,699 |
| 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 | $25,864,959 |
| Total liabilities | $26,584,306 |
| Net assets without donor restrictions | $36,076,771 |
| 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 | $62,661,077 |
Grants Awarded
Over the last fiscal year, Foundation For Advancement Of Intl Medical Education And Research has awarded $90,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
WAX AND GOLD INC PURPOSE: FAIMER Project Promote health care | $30,000 |
ORGANIC HEALTH RESPONSE INC PURPOSE: FAIMER Project Promote health care | $30,000 |
IHEALTH PURPOSE: FAIMER Project Promote health care | $30,000 |