Ohio Foot And Ankle Medical Foundation Inc is located in Columbus, OH. The organization was established in 2017. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ohio Foot And Ankle Medical 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 04/2024, Ohio Foot And Ankle Medical Foundation Inc generated $264.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $266.2k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES: OHIO FOOT AND ANKLE MEDICAL FOUNDATION, INC. IS A CHARITABLE EDUCATION AND SCIENTIFIC ORGANIZATION, WITH EXEMPT PURPOSES OF ADVANCING THE GROWTH AND STABILITY OF PODIATRIC MEDICINE THROUGH EDUCATION OUTREACH, STUDENT SCHOLARSHIPS, AND INCREASED AWARENESS OF FOOT AND ANKLE HEALTH THROUGH PROGRAMMING THAT INCLUDES, BUT IS NOT LIMITED TO: EDUCATIONAL INITIATIVES AND PROJECTS FOR DOCTORS OF PODIATRIC MEDICINE AND THE PROMOTION OF PODIATRIC MEDICAL SCHOLARSHIPS IN THE STATE OF OHIO. ADDITIONALLY, THE ORGANIZATION PROMOTES THE BENEFITS OF POSTSECONDARY EDUCATION AND PROVIDES RESOURCES RELATED TO AN IN FURTHERANCE OF THE PURSUIT OF POSTSECONDARY EDUCATION TO PROSPECTIVE STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROTECTING AND ELEVATING THE EDUCATIONAL AND PRACTICE STANDARDS OF THE PODIATRIC PROFESSION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joy Rowland DPM 2nd Vice Pre | OfficerTrustee | 1 | $0 |
Alan Block DPM Director | Trustee | 1 | $0 |
Adam Thomas DPM Immediate Pa | OfficerTrustee | 1 | $0 |
Nicholas Butler DPM Director | Trustee | 1 | $0 |
Karen Kellogg DPM Director | Trustee | 1 | $0 |
Thomas Mccabe DPM Secretary/tr | OfficerTrustee | 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 | $2,500 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,500 |
Total Program Service Revenue | $262,117 |
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 | $264,617 |
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 | $79,491 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,608 |
Advertising and promotion | $0 |
Office expenses | $11,830 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $10,800 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $159,478 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $266,207 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $108,366 |
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 | $11,842 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $120,208 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $152,585 |
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 | $152,585 |
Net assets without donor restrictions | -$32,377 |
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 | $120,208 |