American Institute For Radiologic Pathology Inc
- Assets
- $1.1m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 7
- Location
- Reston, VA
- Founding
- 08/2011
- Data as of
- 06/2020
- EIN
- 80-0632207
Organization Overview
American Institute For Radiologic Pathology Inc, operating under the name Airp, is located in Reston, VA. The organization was established in 2011. According to its NTEE Classification (G90) the organization is classified as: Medical Disciplines, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2021, Airp employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Airp 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 06/2020, Airp generated $2.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $2.7m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
AIRP DELIVERS TRAINING TO RADIOLOGY RESIDENTS, FELLOWS AND PRACTICING RADIOLOGISTS FROM AROUND THE WORLD
Describe the Organization's Program Activity:
Part 3 - Line 4a
RADIOLOGICAL PATHOLOGY CORELLATION COURSE - DESIGNED TO AID RESIDENTS AND FELLOWS IN THEIR ENDEAVOURS TO ACHIEVE EXCELLENCE IN THE TECHNOLOGICALLY ADVANCING SPECIALTY OF RADIOLOGY, BY EMPLOYING RADIOLOGIC-PATHOLOGIC CORRELATION IN THE IDENTIFICATION OF DISEASE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Hatley Director | 37.5 | $133,356 | |
Howard Fleishon MD Chair | OfficerTrustee | 0.5 | $0 |
James Vincent Rawson MD Secretary-Treasurer | OfficerTrustee | 0.5 | $0 |
William T Thorwarth MD CEO | Officer | 0.5 | $0 |
Diane Mullis CFO | Officer | 0.5 | $0 |
Kenneth Korotky Evp-Ops/life Long Learning | Officer | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mark D Murphey Md Program Consulting | 6/29/21 | $313,220 |
Frazier Studio Consulting Llc Program Consulting | 6/29/21 | $130,947 |
Maria A Manning Md Program Consulting | 6/29/21 | $138,015 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,338 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,465,118 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $745,797 |
| Pension plan accruals and contributions | $63,094 |
| Other employee benefits | $78,961 |
| Payroll taxes | $50,341 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $120 |
| Fees for services: Accounting | $3,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $926,176 |
| Advertising and promotion | $17,618 |
| Office expenses | $81,150 |
| Information technology | $17,870 |
| Royalties | $0 |
| Occupancy | $124,420 |
| Travel | $223,805 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $234,665 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $112,000 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,749,090 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,125 |
| 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 | $10,144 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,088,144 |
| Total assets | $1,124,413 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $1,498,213 |
| 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 | $1,498,213 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | -$373,800 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Institute For Radiologic Pathology Inc has recieved totaling $108,063.
| Awarding Organization | Amount |
|---|---|
American College Of Radiology Reston, VA PURPOSE: DONATION | $108,063 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Coatings Association Inc Washington, DC | $33,658,051 | $8,001,381 |
American Association Of Equine Practitioners Lexington, KY | $8,765,231 | $7,398,673 |
Medical Device Manufactures Association Washington, DC | $2,610,135 | $6,421,044 |
North Carolina Medical Society 203 Raleigh, NC | $15,904,542 | $3,968,420 |
Medical Professional Liability Association Rockville, MD | $4,011,687 | $4,616,937 |
Amda-The Society For Post-Acute And Long-Term Care Medicine Inc Columbia, MD | $3,545,749 | $4,167,777 |
American Board Of Urology Inc Charlottesville, VA | $17,461,531 | $4,211,450 |
National Association Medical Staff Services Washington, DC | $7,292,568 | $4,057,946 |
American Institute For Radiologic Pathology Inc Reston, VA | $1,124,413 | $2,465,118 |
Kentucky Medical Assn Louisville, KY | $5,977,584 | $2,527,003 |
Maryland State Dental Association Columbia, MD | $1,739,612 | $2,132,601 |
Virginia Dental Association Richmond, VA | $3,773,294 | $1,668,266 |