American Academy Of Family Physicians is located in Jefferson City, MO. The organization was established in 1950. 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 12/2022, American Academy Of Family Physicians employed 2 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Academy Of Family Physicians 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 12/2022, American Academy Of Family Physicians generated $565.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $557.4k during the year ending 12/2022. While expenses have increased by 3.3% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION AND MEMBER SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ACADEMY PRESENTED TWO EVIDENCE-BASED CME PROGRAMS FOR FAMILY AND PRIMARY CARE PHYSICIANS AND OTHER NON-PHYSICIAN ATTENDEES ADDRESSING ISSUES OF CRITICAL IMPORTANCE TO THE CARE OF MISSOURI CITIZENS.
TO PROMOTE AND MAINTAIN HIGH STANDARDS OF THE PRACTICE OF GENERAL AND FAMILY MEDICINE; TO ENCOURAGE AND ASSIST YOUNG MEN AND WOMEN IN PREPARING, QUALIFYING, AND ESTABLISHING THEMSELVES IN FAMILY AND GENERAL PRACTICE; TO PRESERVE THE RIGHT OF THE FAMILY AND GENERAL PRACTITIONER TO ENGAGE IN MEDICAL AND SURGICAL PROCEDURES FOR WHICH THEY ARE QUALIFIED BY TRAINING AND EXPERIENCE; TO ASSIST IN PROVIDING POSTGRADUATE STUDY COURSES FOR FAMILY AND GENERAL PRACTITIONERS AND TO ENCOURAGE AND ASSIST OTHER PHYSICIANS AND SURGEONS IN PARTICIPATING IN SUCH TRAINING; TO ADVANCE MEDICAL SCIENCE, PRIVATE AND PUBLIC HEALTH AND TO PRESERVE THE FREE CHOICE OF PHYSICIAN TO THE PATIENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Burroughs MD Board Chair | OfficerTrustee | 2 | $0 |
Kara Mayes MD President | OfficerTrustee | 1 | $0 |
Afsheen Patel MD President El | OfficerTrustee | 1 | $0 |
Natalie Long MD Vice Preside | OfficerTrustee | 1 | $0 |
Lisa Mayes DO Secretary/tr | OfficerTrustee | 1 | $0 |
Arihant Jain MD Director | Trustee | 1 | $0 |
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 | $19,500 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $19,500 |
Total Program Service Revenue | $490,307 |
Investment income | $37,268 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $3,426 |
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 | $565,702 |
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 | $198,926 |
Pension plan accruals and contributions | $5,802 |
Other employee benefits | $31,436 |
Payroll taxes | $16,471 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,610 |
Fees for services: Accounting | $7,820 |
Fees for services: Lobbying | $54,774 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $2,171 |
Fees for services: Other | $300 |
Advertising and promotion | $57,575 |
Office expenses | $44,088 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $9,220 |
Travel | $43,718 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $58,381 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,394 |
Insurance | $6,328 |
All other expenses | $0 |
Total functional expenses | $557,354 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $248,088 |
Savings and temporary cash investments | $419,908 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $9,330 |
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 | $9,713 |
Net Land, buildings, and equipment | $91,210 |
Investments—publicly traded securities | $0 |
Investments—other securities | $1,295,896 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,003 |
Total assets | $2,075,148 |
Accounts payable and accrued expenses | $53,585 |
Grants payable | $0 |
Deferred revenue | $230,811 |
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 | $1,003 |
Total liabilities | $285,399 |
Net assets without donor restrictions | $1,789,749 |
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 | $2,075,148 |