Foundations Of Medical Education is located in Atlanta, GA. The organization was established in 2019. According to its NTEE Classification (B60) the organization is classified as: Adult Education, 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. Foundations Of Medical Education 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 06/2022, Foundations Of Medical Education generated $25.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $34.0k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE WEB BASED TRAINING FOR INTERNS. THIS TRAINING IS USED BY 200 HOSPITALS WHICH TRAINED OVER 5000 INTERNS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Daniel Owens Vice-Chair | 3 | $0 | |
Kristen Grabow Moore Chair | 15 | $0 | |
Johanna Wheaton Secretary | 1 | $0 | |
Natasha Weaton At Large Director | 5 | $0 | |
Laurie Grabow Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $25,020 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $25,020 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $3,744 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $46 |
Other expenses | $30,228 |
Total expenses | $34,018 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $18,753 |
Other assets | $0 |
Total assets | $18,753 |
Total liabilities | $50 |
Net assets or fund balances | $18,703 |
Over the last fiscal year, we have identified 2 grants that Foundations Of Medical Education has recieved totaling $20,000.
Awarding Organization | Amount |
---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,000 |
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