Pennsylvania Academy Of Family Physicians Foundation
- Assets
- $496.4k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Harrisburg, PA
- Founding
- 08/1985
- Data as of
- 12/2021
- EIN
- 23-2340801
Organization Overview
Pennsylvania Academy Of Family Physicians Foundation is located in Harrisburg, PA. The organization was established in 1985. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pennsylvania Academy Of Family Physicians Foundation 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 12/2021, Pennsylvania Academy Of Family Physicians Foundation generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.6%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PENNSYLVANIA ACADEMY OF FAMILY PHYSICIANS FOUNDATION (FOUNDATION), ALONG WITH THE PENNSYLVANIA ACADEMY OF FAMILY PHYSICIANS (ACADEMY), WILL SUPPORT ITS MEMBERS THROUGH ADVOCACY AND EDUCATION TO ENSURE PHYSICIAN-COORDINATED, PERSONALIZED, AND COMPREHENSIVE QUALITY HEALTH CARE FOR EVERY PENNSYLVANIAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION OFFERS EDUCATIONAL PROGRAMS DESIGNED SPECIFICALLY FOR PRIMARY CARE PROVIDERS, COVERING COMPLIANCE, TECHNOLOGY, PRACTICE MANAGEMENT, AND CLINICAL ISSUES.
THE RESIDENCY EXPANSION GRANT PROJECT, FUNDED BY THE PENNSYLVANIA DEPARTMENT OF HEALTH, INVESTS IN PA FAMILY MEDICINE RESIDENCY INFRASTRUCTURE BY FUNDING RESIDENCY SLOTS TO SUPPORT EXPANSION AND TO STRENGTHEN THE PIPELINE TO TRAIN MORE FAMILY PHYSICIANS TO PRACTICE IN THE PENNSYLVANIA COMMUNITIES WHERE THEY ARE MOST NEEDED. THE PROJECT INCLUDES A PROFESSIONAL DEVELOPMENT CURRICULUM FEATURING EVENTS AND OTHER OPPORTUNITIES FOR RESIDENTS TO ACCESS ESSENTIAL INFORMATION ABOUT PENNSYLVANIA PRACTICE OPPORTUNITIES IN TRADITIONALLY UNDERSERVED COMMUNITIES AND NETWORKING WITH THE COMMUNITY OF FAMILY PHYSICIANS WHO PRACTICE IN THIS TYPE OF CLINIC SETTING. THIS PROJECT IS DESIGNED TO PIPELINE PARTICIPANTS TO THE PENNSYLVANIA PRIMARY CARE CAREER CENTER AND THE PENNSYLVANIA PRIMARY CARE LOAN REPAYMENT PROGRAMS, BOTH ALSO FUNDED BY THE PENNSYLVANIA DEPARTMENT OF HEALTH.
SUPPORTS EDUCATIONAL ACTIVITIES THAT EXPOSE MEDICAL STUDENTS AND RESIDENTS TO THE PROFESSION OF FAMILY MEDICINE.DIRECT EXPOSURE TO FAMILY PRACTICE IS ONE OF THE MOST EFFECTIVE WAYS OF BUILDING MEDICAL STUDENT INTEREST AND ADDRESSING THE CRITICAL SHORTAGE OF FAMILY PHYSICIANS IN PENNSYLVANIA. INTRODUCES FUTURE PHYSICIANS TO THE FAMILY MEDICINE SPECIALTY BY PROVIDING MEDICAL STUDENTS WITH SCHOLARSHIPS TO ATTEND THE NATIONAL CONFERENCE OF FAMILY PRACTICE RESIDENTS AND MEDICAL STUDENTS, A MEETING TO ENCOURAGE MEDICAL STUDENTS TO PURSUE A CAREER IN FAMILY PRACTICE.THE FAMILY PRACTICE EDUCATIONAL FUND (FPEF) WAS CREATED IN 1991 TO SUPPORT MEDICAL SCHOOL ACTIVITIES FOR STUDENTS INTERESTED IN PURSUING A CAREER IN FAMILY PRACTICE. MEDICAL SCHOOL GRADUATES, LOCAL COMPONENT CHAPTERS OF THE ACADEMY, AND MEMBERS OF THE ACADEMY AND THE AMERICAN ACADEMY OF FAMILY PHYSICIANS DONATE THE FUNDS FOR THIS PROGRAM. FPEF CRITERIA REQUIRE FUNDS BE USED ONLY TO SUPPORT GROUP ACTIVITIES SUCH AS EDUCATIONAL MEETINGS, SPEAKER FEES, ETC., AND NOT FOR INDIVIDUAL ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Runyeon CFO Thru 08/31/21 | Officer | 5 | $0 |
Jessica Martin CFO Effect 09/01/21 | Officer | 5 | $0 |
Thiri Bickel MD Treasurer | Officer | 2 | $0 |
Perry Meadows MD President, Effect 3/1/21 | Officer | 2 | $0 |
Jason Woloski President Thru 2/28/21 | Officer | 2 | $0 |
Susan Fidler MD Vice President | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $56,775 |
| Government grants | $1,025,572 |
| All other contributions, gifts, grants, and similar amounts not included above | $97,969 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,180,316 |
| Total Program Service Revenue | $141,781 |
| Investment income | $18,259 |
| 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 | $1,343,074 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $12,000 |
| 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 | $71,931 |
| Pension plan accruals and contributions | $18,702 |
| Other employee benefits | $0 |
| Payroll taxes | $5,755 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $250 |
| 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 | $908,230 |
| Advertising and promotion | $18,918 |
| Office expenses | $26,308 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,736 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $132,841 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $3,348 |
| Total functional expenses | $1,262,776 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,023 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $177,239 |
| Accounts receivable, net | $188,366 |
| 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 | $499 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $250 |
| Total assets | $496,377 |
| Accounts payable and accrued expenses | $287,641 |
| Grants payable | $0 |
| Deferred revenue | $3,494 |
| 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 | $291,135 |
| Net assets without donor restrictions | $186,178 |
| Net assets with donor restrictions | $19,064 |
| 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 | $496,377 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pennsylvania Academy Of Family Physicians Foundation has recieved totaling $71,549.
| Awarding Organization | Amount |
|---|---|
Quality Insights of Pennsylvania Inc Charleston, WV PURPOSE: Provide education, outreach, and direct technical assistance to assist health care providers to adopt and make meaningful use of electronic health records (EHR). | $71,549 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Association Of Colleges Of Osteopathic Medicine Bethesda, MD | $36,309,153 | $18,698,103 |
University Of Maryland Neurosurgery Associates P A Baltimore, MD | $2,035,555 | $8,965,908 |
Canton Medical Education Foundation Inc Canton, OH | $478,620 | $4,754,625 |
Northeast Ohio Medical University Foundation Rootstown, OH | $32,750,103 | $4,627,290 |
Associated Medical Schools Of New York New York, NY | $3,460,503 | $3,960,452 |
Pennsylvania Academy Of Family Physicians Foundation Harrisburg, PA | $496,377 | $1,343,074 |
The Elmezzi Graduate School Of Molecular Medicine Westbury, NY | $0 | $0 |
American Association Of Colleges Of Podiatric Medicine Rockville, MD | $2,077,010 | $1,554,305 |
Albany Medical College Alumni Association Inc Albany, NY | $7,107,404 | $658,627 |
Academy Of Medicine Of Queens County Inc Forest Hills, NY | $1,732,761 | $433,362 |
State University Of New York Downstate Medical Center Tr Alu Pittsburgh, PA | $2,952,778 | $195,965 |
Rochester Academy Of Medicine Rochester, NY | $801,076 | $335,226 |