Lynchburg Academy Of Medicine Inc
- Assets
- $176.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lynchburg, VA
- Founding
- 02/1939
- Data as of
- 06/2022
- EIN
- 54-0742432
Organization Overview
Lynchburg Academy Of Medicine Inc is located in Lynchburg, VA. The organization was established in 1939. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., 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. Lynchburg Academy Of Medicine Inc 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 06/2022, Lynchburg Academy Of Medicine Inc generated $108.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $81.7k during the year ending 06/2022. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
HELP EDUCATE THE COMMUNITY ON MEDICAL NEEDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clinton Beverly MD Director | 0 | $0 | |
Evan Ownby MD Past-President | 0 | $0 | |
Trudy Shahady MD President | 0 | $0 | |
Moira Rafferty MD President-Elect | 0 | $0 | |
Carl Hoegerl DO Director | 0 | $0 | |
Jason D Givan MD Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $99,141 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $8,983 |
| Total Revenue | $108,125 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $59,454 |
| Professional fees and other payments to independent contractors | $318 |
| Occupancy, rent, utilities, and maintenance | $2,130 |
| Printing, publications, postage, and shipping | $5,271 |
| Other expenses | $14,562 |
| Total expenses | $81,735 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $176,276 |
| Other assets | $0 |
| Total assets | $176,276 |
| Total liabilities | $0 |
| Net assets or fund balances | $176,276 |
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