American Academy Of Family Physicians is located in Thiensville, WI. 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. 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 $474.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $475.3k during the year ending 12/2022. While expenses have increased by 2.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT AND PROMOTE FAMILY PHYSICIANS IN ORDER TO IMPROVE THE HEALTH OF THE STATE'S RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE CONTINUING EDUCATIONAL PROGRAMS OFFERED TO 1400 PHYSICIAN, RESIDENT AND STUDENT MEMBERS
PROMOTED FAMILY MEDICINE WORKFORCE AND DEVELOPMENT
ADVOCATED FOR FAMILY PHYSICIANS AND PATIENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shana Ntiri MD MPH Faafp President | OfficerTrustee | 1 | $0 |
Ariel Warden-Jarrett MD Faafp President-Elect | OfficerTrustee | 1 | $0 |
Kelly Ryan DO Faafp Vice President | OfficerTrustee | 1 | $0 |
Amar Duggirala DO MPH Faafp Treasurer | OfficerTrustee | 1 | $0 |
Jocelyn Hines MD MBA Board Chair | OfficerTrustee | 1 | $0 |
Kathryn Hart MD Faafp 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 | $16,500 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $16,500 |
Total Program Service Revenue | $425,970 |
Investment income | $11,494 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $9,822 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $10,994 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $474,780 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $15,000 |
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 | $213,113 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,051 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $728 |
Fees for services: Other | $0 |
Advertising and promotion | $1,052 |
Office expenses | $4,894 |
Information technology | $4,337 |
Royalties | $0 |
Occupancy | $2,580 |
Travel | $3,208 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $118,371 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,153 |
All other expenses | $3,662 |
Total functional expenses | $475,331 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $38,173 |
Savings and temporary cash investments | $76,267 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $90 |
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 | $401,980 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $39,111 |
Other assets | $17,338 |
Total assets | $572,959 |
Accounts payable and accrued expenses | $18,571 |
Grants payable | $0 |
Deferred revenue | $126,951 |
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 | $145,522 |
Net assets without donor restrictions | $427,437 |
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 | $572,959 |