Philadelphia Academy Of Surgery
- Assets
- $598.7k
- Revenue
- $78.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 10/1942
- Data as of
- 12/2021
- EIN
- 23-6392172
Organization Overview
Philadelphia Academy Of Surgery is located in Philadelphia, PA. The organization was established in 1942. According to its NTEE Classification (G9B) the organization is classified as: Surgical Specialties, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia Academy Of Surgery 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 12/2021, Philadelphia Academy Of Surgery generated $78.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $62.3k during the year ending 12/2021. While expenses have increased by 5.0% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CULTIVATION AND IMPROVEMENT OF THE SCIENCE AND ART OF SURGERY, THE ELEVATION OF THE MEDICAL PROFESSION, THE PROMOTION OF THE PUBLIC HEALTH, AND SUCH OTHER MATTERS AS MAY COME LEGITIMATELY WITHIN THE ACADEMY'S SPHERE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHYSICIAN PROFESSIONAL MEETINGS TO DISCUSS AND DISCERN INFORMATION REGARDING SURGICAL PROCEDURES AND MEDICAL CARE AND TO RECOGNIZE SPECIAL ACHIEVEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alliric I Willis MD President | Officer | 1 | $0 |
Michael Weingarten MD Mbp Vice Preside | Officer | 1 | $0 |
Orlando Kirton MD President El | Officer | 1 | $0 |
Joshua Marks MD Recorder | Officer | 1 | $0 |
Francesco Palazzo MD Secretary | Officer | 1 | $0 |
Nicole M Saur MD Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $600 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $600 |
| Total Program Service Revenue | $33,785 |
| Investment income | $10,739 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $33,422 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $78,546 |
| 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. | $0 |
| 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 | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $16,163 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,223 |
| Fees for services: Other | $10,571 |
| Advertising and promotion | $87 |
| Office expenses | $1,576 |
| Information technology | $794 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,977 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,984 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $255 |
| All other expenses | $0 |
| Total functional expenses | $62,264 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,785 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $595,905 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $598,690 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $598,690 |
| Total liabilities and net assets/fund balances | $598,690 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Philadelphia Academy Of Surgery has recieved totaling $450.
| Awarding Organization | Amount |
|---|---|
The Hochberg Foundation Inc Fairfield, NJ PURPOSE: SUSTAINING CONTRIBUTION | $150 |
The Hochberg Foundation Inc Fairfield, NJ PURPOSE: SUSTAINING CONTRIBUTION | $150 |
The Hochberg Foundation Inc Fairfield, NJ PURPOSE: SUSTAINING CONTRIBUTION | $150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Society Of Breast Surgeons Columbia, MD | $8,586,887 | $6,074,092 |
American Society Of Transplantation Mount Laurel, NJ | $21,565,209 | $5,020,312 |
Liberty Surgical Associates Jersey City, NJ | $12,008 | $3,480,424 |
National Foundation For Facial Reconstruction New York, NY | $25,365,012 | $4,259,290 |
Academy Of Medical-Surgical Nurses Inc Pitman, NJ | $14,922,119 | $1,835,668 |
Surgical Council Of Resident Education Philadelphia, PA | $2,551,331 | $2,141,737 |
Association Of Military Surgeons Of The U S Gaithersburg, MD | $4,436,953 | $2,160,727 |
Association Of Program Directors In Surgery Bethesda, MD | $2,796,198 | $1,108,879 |
New Jersey Association Of Osteopathic Physicians And Surgeon Pennington, NJ | $1,809,248 | $764,349 |
Eye Surgery Fund Inc Eastchester, NY | $4,213,763 | $731,634 |
Aston Plastic Surgery Foundation New York, NY | $2,888,961 | $622,141 |
Surgical Infection Society East Northport, NY | $375,534 | $309,684 |