Wisconsin Academy Of Family Physicians Foundation Inc is located in Thiensville, WI. The organization was established in 1983. According to its NTEE Classification (G99) the organization is classified as: Voluntary Health Associations & Medical Disciplines N.E.C., under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Academy Of Family Physicians 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 12/2022, Wisconsin Academy Of Family Physicians Foundation Inc generated $124.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $104.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT FOR STUDENTS AND RESIDENTS TO PURSUE THE PRACTICE OF FAMILY MEDICINE IN WISCONSIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDED STUDENTS TO ATTEND THE AMERICAN ACADEMY OF FAMILY PHYSICIANS NATIONAL CONFERENCE. THE ORGANIZATION ALSO FUNDED 16 STETHOSCOPES FOR FAMILY MEDICINE RESIDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Beth Menzel MD Wafp 1st Vice Pres. | Trustee | 1 | $0 |
David Deci MD Director | Trustee | 1 | $0 |
Jeremy Waldhart DO Director | Trustee | 1 | $0 |
David Wehby MD Treasurer | OfficerTrustee | 1 | $0 |
Eric Stader MD Wafp Pres-Elect | Trustee | 1 | $0 |
Larry Pheifer Wafp Exec Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $66,000 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $34,521 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $100,521 |
Total Program Service Revenue | $0 |
Investment income | $12,778 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $11,605 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $124,904 |
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 | $87,452 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $789 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $567 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,477 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $104,234 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,373 |
Savings and temporary cash investments | $26,700 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,695 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $461,356 |
Total assets | $499,124 |
Accounts payable and accrued expenses | $7,301 |
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 | $0 |
Total liabilities | $7,301 |
Net assets without donor restrictions | $480,496 |
Net assets with donor restrictions | $11,327 |
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 | $499,124 |