Galens Medical Society
- Assets
- $676.0k
- Revenue
- $113.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- 09/1983
- Data as of
- 06/2021
- EIN
- 38-2306598
Organization Overview
Galens Medical Society is located in Ann Arbor, MI. The organization was established in 1983. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Galens Medical Society 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 06/2021, Galens Medical Society generated $113.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $94.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
GALENS MEDICAL SOCIETY IS A SERVICE ORGANIZATION OF THE MEDICAL SCHOOL OF THE UNIVERSITY OF MICHIGAN. GALENS SERVES TO PROMOTE MEDICAL EDUCATION AND SCHOLARSHIP; TO PROVIDE LOANS, SCHOLARSHIPS, AND GRANTS-IN-AID FOR THE ASSISTANCE OF WORTHY AND DESERVING MEDICAL STUDENTS; TO ENGAGE IN CHARITABLE ACTIVITIES OF A PUBLIC NATURE, PARTICULARLY, BUT NOT LIMITED TO, CHARITIES FOR THE BENEFIT OF CHILDREN OF WASHTENAW COUNTY; TO FOSTER AND TO ENCOURAGE COOPERATION AND UNDERSTANDING BETWEEN THE FACULTY AND STUDENT BODY; AND TO FURTHER THE EDUCATIONAL TRADITIONS, ACTIVITIES, AND IDEAS OF THE MEDICAL SCHOOL OF THE UNIVERSITY OF MICHIGAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENGAGE IN CHARITABLE ACTIVITIES OF A PUBLIC NATURE, PARTICULARLY CHARITIES FOR THE BENEFIT OF CHILDREN
PROMOTE MEDICAL EDUCATION AND SCHOLARSHIP; FOSTER AND ENCOURAGE COOPERATION AND UNDERSTANDING BETWEEN FACULTY AND STUDENTS; FURTHER THE EDUCATIONAL TRADITIONS, ACTIVITY AND IDEALS OF THE MEDICAL SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Engelke President | Officer | 7 | $0 |
Rachel Botbyl Secretary | Officer | 2 | $0 |
Mary Crumbley Jr Treasurer | Officer | 3 | $0 |
Joshua Thariath Sr Treasurer | Officer | 4 | $0 |
Kallen Schwark Vice President | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,425 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $80,223 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,648 |
| Total Program Service Revenue | $12,555 |
| Investment income | $19,610 |
| 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 | $113,813 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $76,323 |
| 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 | $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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $93,960 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $635,665 |
| 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 | $40,328 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| 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 | $675,993 |
| 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 | $102,912 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $573,081 |
| Total liabilities and net assets/fund balances | $675,993 |
Grants Awarded
Over the last fiscal year, Galens Medical Society has awarded $44,941 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Ann Arbor, MI PURPOSE: This donation funded the Coping Skills Toolbox for Immigrant Youth project, which provides refugee and immigrant children in Washtenaw County with tools to manage and overcome the trauma symptoms they experience, helping them to manage their social and emotional well-being and build resilience. | $8,360 |
Ann Arbor, MI PURPOSE: This donation funded the Community Service Learning project, which combined community service activities with learning goals for vulnerable and underserved young women grades 9-12 in Washtenaw County to enrich student's experiences, teach civic responsibility, and strengthen their communities. | $7,000 |
Ypsilanti, MI PURPOSE: This donation funded the Student Needs Fund, which is a restricted fund for overcoming urgent and unpredictable barriers that would prevent access to education for the students it serves. | $6,701 |
Ann Arbor, MI PURPOSE: This donation funded the BookPALS program expansion, used to purchase books and digital expenses for this program which connects children between different socioeconomic backgrounds through reading and language arts to promote diversity equity and inclusion initiatives. | $6,500 |
Ypsilanti, MI PURPOSE: This donation funded the Body Safety Training program, which provides children ages 3-2nd grade with knowledge and strategies so they can play a role in keeping their bodies safe by educating them that they are in charge of their bodies, what "private parts" are, and how to respond to safety issues and sexual behaviors. | $6,000 |
ST LOUIS CENTER FOR EXCEPTIONAL CHILDREN &ADULTS PURPOSE: This donation funded the Children's Education Program, which supports the continued learning of the 20 intellectually or developmentally disabled children at St. Louis Center during the pandemic and preventing further cognitive and learning declines during this period. | $5,220 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Galens Medical Society has recieved totaling $24,597.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $24,377 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $170 |
Halcyon Foundation Ann Arbor, MI PURPOSE: REHABILITATIVE MEDICAL SERVICES | $50 |
Endowment Analysis
| Beg. Balance | $209,527 |
| Earnings | $16,754 |
| Admin Expense | $13,280 |
| Ending Balance | $213,001 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Curative Care Network Inc Milwaukee, WI | $49,016,234 | $11,678,469 |
Versiti Blood Research Institute Foundation Inc Milwaukee, WI | $111,661,539 | $23,540,947 |
New Horizons Rehabilitation Inc Batesville, IN | $6,816,471 | $7,084,655 |
Cleveland Hearing And Speech Center Cleveland, OH | $27,375,166 | $6,268,449 |
Penfield Childrens Center Milwaukee, WI | $6,491,693 | $8,793,397 |
Rcs Empowers Inc Sheboygan, WI | $23,165,945 | $7,747,262 |
Turnstone Center For Children And Adults With Disabilities Inc Fort Wayne, IN | $28,439,711 | $5,395,117 |
Eden Rehabilitation Suites And Green House Homes Inc Oshkosh, WI | $8,070,455 | $4,689,329 |
Del Harder Rehabilitation Fund Detroit, MI | $0 | $306,908 |
Lakeside Curative Services Inc Racine, WI | $6,268,047 | $4,983,310 |
Easter Seals Southeast Wisconsin Inc West Allis, WI | $9,593,830 | $5,903,311 |
Detroit Institute For Children Commerce Township, MI | $2,262,745 | $4,417,745 |