Arizona Academy Of Family Physicians
- Assets
- $675.9k
- Revenue
- $476.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Phoenix, AZ
- Founding
- 02/1950
- Data as of
- 06/2022
- EIN
- 86-6052331
Organization Overview
Arizona Academy Of Family Physicians is located in Phoenix, AZ. The organization was established in 1950. 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 06/2022, Arizona Academy Of Family Physicians employed 2 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Arizona 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 06/2022, Arizona Academy Of Family Physicians generated $476.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $426.5k during the year ending 06/2022. While expenses have increased by 0.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE AZAFP IS DEDICATED TO PROMOTING THE HEALTH OF THE PEOPLE IN ARIZONA BY REPRESENTING AND PROMOTING THE SPECIALTY OF FAMILY MEDICINE AND SUPPORTING AZAFP MEMBERS IN THEIR PROFESSIONAL DEVELOPMENT AND SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ARIZONA ACADEMY OF FAMILY PHYSICIANS HOSTED ITS FIRST HEALTH POLICY SCHOLARS PROGRAM WHEREIN EACH FAMILY MEDICINE RESIDENCY PROGRAM EACH MEDICAL SCHOOL CHOSE 1-2 RESIDENT PARTICIPANTS TO PARTAKE IN A MULTI- MONTH PROGRAM.THE AZAFP INVITED AND HOSTED MANY SPEAKERS WHO PRESENTED ON HEALTH POLICY TOPICS BETWEEN THE MONTHS OF JANUARY AND MAY. THE PROGRAM INCLUDED A VIRTUAL DAY AT THE AZ CAPITOL WHERE THE YOUNG LEADERS WERE TAUGHT HOW TO INTERACT WITH THEIR LEGISLATORS, HOW COMMITTEES WORK AND HOW TO REGISTER WITH THE ALIS SYSTEM. THE PROGRAMS FINALE INCLUDED A TRIP FOR ALL PARTICIPANTS WHO WERE ABLE TO ATTEND TO WASHINGTON DC FOR THE AMERICAN ACADEMY OF FAMILY PHYSICIANS AAFP FAMILY MEDICINE ADVOCACY SUMMIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Dearing Executive VP | Officer | 50 | $116,121 |
Shanyn Lancaster MD President | OfficerTrustee | 10 | $0 |
William Thrift MD Immediate Past President | OfficerTrustee | 3 | $0 |
Kristina Diaz MD MBA President Elect | OfficerTrustee | 5 | $0 |
Natalia Galarza Carrazco MD Vice President | OfficerTrustee | 2 | $0 |
Deborah Cornell MD Secretary/treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $444,673 |
| Investment income | $13,416 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $18,713 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $476,802 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $40,853 |
| 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. | $116,340 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $53,705 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,087 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,200 |
| Fees for services: Lobbying | $50,968 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,199 |
| Fees for services: Other | $4,543 |
| Advertising and promotion | $0 |
| Office expenses | $49,514 |
| Information technology | $4,736 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $34,095 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $41,863 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,077 |
| Insurance | $1,135 |
| All other expenses | $0 |
| Total functional expenses | $426,466 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $262,963 |
| Savings and temporary cash investments | $8,035 |
| 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 | $139,219 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $21,475 |
| Net Land, buildings, and equipment | $6,016 |
| Investments—publicly traded securities | $223,224 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,940 |
| Total assets | $675,872 |
| Accounts payable and accrued expenses | $12,907 |
| 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 | $989 |
| Total liabilities | $13,896 |
| Net assets without donor restrictions | $661,976 |
| 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 | $675,872 |