American Pediatric Surgical Association Foundation Inc is located in East Dundee, IL. The organization was established in 1995. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Pediatric Surgical Association 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 12/2021, American Pediatric Surgical Association Foundation Inc generated $175.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $122.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (20.5%) per year over the past 3 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
TO PROMOTE EDUCATION AND BIOMEDICAL RESEARCH IN PEDIATRIC SURGERY, AND PROVIDE PHILANTHROPIC SUPPORT FOR THE STRATEGIC INITIATIVES OF THE AMERICAN PEDIATRIC SURGICAL ASSOCIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTMAKING PROGRAM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shaun Kunisaki MD Secretary | OfficerTrustee | 1 | $0 |
Mary E Fallat MD Chair | OfficerTrustee | 1 | $0 |
Steven Stylianos MD Treasurer | OfficerTrustee | 1 | $0 |
Kuojen Tsao MD Treasurer-El | OfficerTrustee | 1 | $0 |
Thomas Tracy MD Executive Di | Officer | 1 | $0 |
Sue O'sullivan Managing Dir | Officer | 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 | $102,036 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $102,036 |
Total Program Service Revenue | $0 |
Investment income | $9,038 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $64,811 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $175,885 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $75,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $25,000 |
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 | $5,668 |
Fees for services: Accounting | $2,591 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $3,621 |
Fees for services: Other | $0 |
Advertising and promotion | $96 |
Office expenses | $130 |
Information technology | $3,614 |
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 | $122,680 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $100,171 |
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 | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $961,853 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,062,024 |
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 | $954,341 |
Net assets with donor restrictions | $107,683 |
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 | $1,062,024 |
Over the last fiscal year, American Pediatric Surgical Association Foundation Inc has awarded $75,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
THE UNIVERSITY OF TEXAS HEALTHSCIENCE CENTER AT HOUSTON PURPOSE: 2020 SCHOLAR WINNER | $25,000 |
Redwood City, CA PURPOSE: GRANT RECIPIENT | $25,000 |
UNIVERSITY OF WISCONSIN MADISON PURPOSE: 2021 SCHOLAR WINNER | $25,000 |
Over the last fiscal year, we have identified 1 grants that American Pediatric Surgical Association Foundation Inc has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
Judy And Peter Blum Kovler Foundation Washington, DC PURPOSE: TO AID IN THE EXEMPT PURPOSE OF THE ORGANIZATION | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
American College Of Sports Medicine Inc Indianapolis, IN | $12,221,630 | $9,481,341 |
Musser-Davis Land Company Kansas City, MO | $17,498,776 | $1,666,095 |
University Medical Foundation Inc Louisville, KY | $12,425,544 | $1,582,627 |
Wisconsin School Of Professional Psychology Inc Milwaukee, WI | $2,955,587 | $1,856,092 |
Council Of Medical Specialty Societies Chicago, IL | $3,906,097 | $1,843,688 |
American College Of Sports Medicine Indianapolis, IN | $2,135,970 | $586,582 |
American College Of Sports Medicine Foundation Incorporated Indianapolis, IN | $4,709,616 | $682,964 |
Sarah C Upham Clinic Tr 2 P10303009 Chicago, IL | $7,388,989 | $410,128 |
American College Of Medical Quality Lombard, IL | $201,349 | $238,231 |
Chicago Committee On Trauma Of The American College Of Surgeons Bolingbrook, IL | $129,114 | $391,129 |
Cedar Rapids Medical Education Foundation Cedar Rapids, IA | $89,049 | $206,062 |
Lexington Clinic Foundation For Medical Education And Research Inc Lexington, KY | $676,643 | $195,952 |