Medical Education Foundation For Arkansas
- Assets
- $938.0k
- Revenue
- $43.7k
- Investments
- $908.7k
- Employees
- 0
- Location
- Little Rock, AR
- Founding
- 10/1969
- Data as of
- 12/2021
- EIN
- 23-7043796
Organization Overview
Medical Education Foundation For Arkansas is located in Little Rock, AR. The organization was established in 1969. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medical Education Foundation For Arkansas 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, Medical Education Foundation For Arkansas generated $43.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.1% each year . All expenses for the organization totaled $29.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
LECTURER FEES, EQUIPMENT AND GRANTS TO MEDICAL EDUCATION FACILITIES RELATING TO MEDICAL EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan K Wilson MD President | 1 | $0 | |
Jim Citty MD Vice President | 1 | $0 | |
Stephen Magie MD Secretary/treasurer | 1 | $0 | |
G Edward Bryant MD Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $210 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,508 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,992 |
| Capital Gain Net Income | $25,992 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $43,710 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $29,331 |
| Total operating and administrative expenses | $29,331 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $29,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,370 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $908,675 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $938,045 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Medical Education Foundation For Arkansas has recieved totaling $55,000.
| Awarding Organization | Amount |
|---|---|
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: TO HELP FUND EDUCATIONAL GRANTS AT UAMS | $55,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Musser-Davis Land Company Kansas City, MO | $17,498,776 | $1,666,095 |
Tarrant County Academy Of Medicine Fort Worth, TX | $5,318,874 | $497,232 |
Health Occupations Students Of America Nashville, TN | $488,292 | $282,930 |
Stuttgart Memorial Hospital Foundation Stuttgart, AR | $3,561,770 | $427,715 |
Oklahoma Educational Foundation For Osteopathic Medicine Oklahoma City, OK | $608,769 | $159,698 |
Grace P Rose Charitable Foundation Trust Dallas, TX | $1,348,392 | $267,504 |
Medical Education Foundation For Arkansas Little Rock, AR | $938,045 | $43,710 |
Oklahoma Health Sciences Facility Oklahoma City, OK | $2,046,666 | $104,638 |