Florida Academy Of Family Physicians Foundation Inc
- Assets
- $839.0k
- Revenue
- $962.5k
- Investments
- $631.5k
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 08/1988
- Data as of
- 12/2023
- EIN
- 59-2872932
Organization Overview
Florida Academy Of Family Physicians Foundation Inc is located in Jacksonville, FL. The organization was established in 1988. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Florida Academy Of Family Physicians Foundation Inc 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 12/2023, Florida Academy Of Family Physicians Foundation Inc generated $962.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $889.7k during the year ending 12/2023. While expenses have increased by 0.9% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ITS PRIMARY MISSION IS TO CONTINUALLY IMPROVE THE HEALTH CARE OF ALL FLORIDIANS BY FUNDING EDUCATION, RESEARCH, AND COMMUNITY OUTREACH PROGRAMS INVOLVING MEDICAL STUDENTS, RESIDENTS, AND FAMILY PHYSICIANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY PRACTICE WEEKENDS - REGIONAL CONTINUING EDUCATION SEMINARS IN FLORIDAS MEDICAL SCHOOLS AND IN OTHER CITIES. INCLUDES CME HOURS AND SESSIONS FOR FAMILY PRACTICE EDUCATORS. ALSO INCLUDES ROUNDTABLE DISCUSSIONS, ONLINE EDUCATION, AND OTHER EDUCATIONAL WORKSHOPS APPROVED BY THE BOARD OF DIRECTORS.
PROGRAMS, SCHOLARSHIPS, AND GRANTS TO EXPOSE MEDICAL STUDENTS TO FAMILY MEDICAL PRACTICE AND TO SUPPORT STUDENTS IN PERFORMING RESEARCH PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Rensberry Director | Trustee | 5 | $0 |
George Bernardo Director | Trustee | 5 | $0 |
Maribeth Williams Director | Trustee | 5 | $0 |
Tisha Van Pelt Director | Trustee | 5 | $0 |
Chris Scuderi Director | Trustee | 5 | $0 |
Nipa Shah Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $104,047 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,900 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $157,947 |
| Total Program Service Revenue | $761,256 |
| Investment income | $15,060 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $28,266 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $962,529 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $166,643 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40,432 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,174 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,590 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $16,020 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $614,580 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,159 |
| All other expenses | $3,697 |
| Total functional expenses | $889,738 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $160,892 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,555 |
| 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 | $40,060 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $631,466 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $838,973 |
| Accounts payable and accrued expenses | $4,473 |
| 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 | $4,473 |
| Net assets without donor restrictions | $834,500 |
| 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 | $838,973 |