American Academy Of Family Physicians is located in Austin, TX. The organization was established in 1954. 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 08/2021, American Academy Of Family Physicians employed 9 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 08/2021, American Academy Of Family Physicians generated $3.8m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $3.4m during the year ending 08/2021. 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
THE TEXAS ACADEMY OF FAMILY PHYSICIANS UNITES THE FAMILY PHYSICIANS OF TEXAS THROUGH ADVOCACY, EDUCATION AND MEMBER SERVICES, AND EMPOWERS THEM TO PROVIDE A MEDICAL HOME FOR PATIENTS OF ALL AGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EQUIPPING FAMILY PHYSICIAN MEMBERS TO IMPROVE THE HEALTH OF PATIENTS AND THEIR FAMILIES AND TO ADVANCE AND REPRESENT THE SPECIALTY OF FAMILY PRACTICE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Thomas L Banning CEO | Officer | 40 | $233,653 |
Kathy Mccarthy COO | Officer | 40 | $171,735 |
Jonathan Nelson Director Of Communications | 40 | $114,490 | |
Terrance S Hines MD Faafp Parliamentarian | OfficerTrustee | 1 | $0 |
Jake Margo Jr MD Faafp Board Chair | OfficerTrustee | 1 | $0 |
Amer Shakil MD MBA Faafp President | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $1,707,536 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,707,536 |
Total Program Service Revenue | $1,528,640 |
Investment income | $172,385 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $124,787 |
Net Gain/Loss on Asset Sales | $63,962 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,771,069 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $80,000 |
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. | $477,488 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $540,030 |
Pension plan accruals and contributions | $62,486 |
Other employee benefits | $72,949 |
Payroll taxes | $65,987 |
Fees for services: Management | $0 |
Fees for services: Legal | $361 |
Fees for services: Accounting | $24,130 |
Fees for services: Lobbying | $123,938 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $198,767 |
Advertising and promotion | $25,317 |
Office expenses | $173,268 |
Information technology | $101,196 |
Royalties | $0 |
Occupancy | $66,897 |
Travel | $48,530 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $975,732 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $31,073 |
Insurance | $15,443 |
All other expenses | $0 |
Total functional expenses | $3,352,505 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $476,708 |
Savings and temporary cash investments | $622,888 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $99,259 |
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 | $290,845 |
Net Land, buildings, and equipment | $1,427,834 |
Investments—publicly traded securities | $7,895,792 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $278,000 |
Total assets | $11,091,326 |
Accounts payable and accrued expenses | $440,585 |
Grants payable | $0 |
Deferred revenue | $882,939 |
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 | $1,323,524 |
Net assets without donor restrictions | $9,767,802 |
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 | $11,091,326 |
Over the last fiscal year, we have identified 1 grants that American Academy Of Family Physicians has recieved totaling $7,500.
Awarding Organization | Amount |
---|---|
American Academy Of Family Physicians Foundation Leawood, KS PURPOSE: FMPC GRANTS | $7,500 |
Organization Name | Assets | Revenue |
---|---|---|
Texas Hospital Association Austin, TX | $43,054,266 | $12,318,652 |
American Academy Of Nurse Practitioners National Austin, TX | $57,378,377 | $17,128,839 |
Louisiana Hospital Association Baton Rouge, LA | $30,214,425 | $7,576,001 |
Oklahoma Hospital Association Inc Oklahoma City, OK | $5,881,372 | $5,374,823 |
Oklahoma State Medical Association Oklahoma City, OK | $139,825,404 | $10,140,450 |
American Academy Of Family Physicians Austin, TX | $11,091,326 | $3,771,069 |
Louisiana Nursing Home Association Inc Baton Rouge, LA | $5,391,426 | $2,925,996 |
Rural Hospital Coalition Inc Baton Rouge, LA | $3,209,357 | $1,746,979 |
Texas Nurses Association Austin, TX | $9,210,390 | $2,106,568 |
Dallas County Medical Society Dallas, TX | $3,056,758 | $1,958,339 |
Louisiana State Medical Society Baton Rouge, LA | $4,710,384 | $3,864,259 |
Dallas Southwest Osteopathic Physicians Inc Dallas, TX | $51,369,570 | $1,147,785 |