American Academy Of Family Physicians
- Assets
- $96.0m
- Revenue
- $86.4m
- Investments
- $57.9m
- Employees
- 429
- Location
- Leawood, KS
- Founding
- 07/1948
- Data as of
- 05/2023
- EIN
- 44-0536051
Organization Overview
American Academy Of Family Physicians is located in Leawood, KS. The organization was established in 1948. 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 05/2023, American Academy Of Family Physicians employed 429 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. American 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 05/2023, American Academy Of Family Physicians generated $86.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $95.1m during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, American Academy Of Family Physicians has awarded 35 individual grants totaling $2,245,777. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF AAFP IS TO IMPROVE THE HEALTH OF PATIENTS, FAMILIES, AND COMMUNITIES BY SERVING THE NEEDS OF MEMBERS WITH PROFESSIONALISM AND CREATIVITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROMOTION OF COMMON BUSINESS INTEREST OF FAMILY PHYSICIANS THROUGH CONTINUING MEDICAL EDUCATIONAL PROGRAMS, CONFERENCES, AND OTHER METHODS OF ENHANCING THE PRACTICE OF FAMILY MEDICINE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Shawn Martin Ceo/evp | Officer | 40 | $806,212 |
Shannon Scott Cso/devp | Officer | 40 | $587,203 |
Julie Wood SVP | Officer | 40 | $395,457 |
Charlotte Kerner CFO | Officer | 40 | $353,169 |
Stephanie Quinn SVP | Officer | 40 | $354,294 |
Margot Savoy SVP | Officer | 40 | $376,203 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Quadgraphics Printing Services | 5/30/23 | $1,280,948 |
On Services Media Services | 5/30/23 | $1,173,813 |
Ifthen Digital Llc Mkt/comm Consulting | 5/30/23 | $1,007,586 |
Daniel J Edelman Inc Pr Services | 5/30/23 | $1,896,063 |
Freeman Convention Services | 5/30/23 | $1,600,039 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $32,266,766 |
| Fundraising events | $0 |
| Related organizations | $1,800,377 |
| 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 | $34,067,143 |
| Total Program Service Revenue | $44,035,313 |
| Investment income | $2,202,448 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,989,719 |
| Net Rental Income | $282,118 |
| Net Gain/Loss on Asset Sales | $2,008,478 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $474,262 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $86,364,635 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $428,354 |
| 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. | $6,676,793 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,694,865 |
| Pension plan accruals and contributions | $3,585,925 |
| Other employee benefits | $4,990,618 |
| Payroll taxes | $2,597,676 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $283,048 |
| Fees for services: Accounting | $87,046 |
| Fees for services: Lobbying | $3,139,094 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $119,299 |
| Fees for services: Other | $8,140,736 |
| Advertising and promotion | $931,424 |
| Office expenses | $1,612,236 |
| Information technology | $3,789,058 |
| Royalties | $0 |
| Occupancy | $4,668,224 |
| Travel | $3,223,427 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,306,522 |
| Interest | $343,245 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $793,966 |
| Insurance | $289,594 |
| All other expenses | $2,047,151 |
| Total functional expenses | $95,126,004 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,728,694 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $108,188 |
| Accounts receivable, net | $5,477,794 |
| 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 | $3,169,092 |
| Net Land, buildings, and equipment | $1,833,360 |
| Investments—publicly traded securities | $18,253,662 |
| Investments—other securities | $57,889,691 |
| Investments—program-related | $0 |
| Intangible assets | $550,000 |
| Other assets | $7,014,578 |
| Total assets | $96,025,059 |
| Accounts payable and accrued expenses | $14,965,564 |
| Grants payable | $0 |
| Deferred revenue | $27,608,903 |
| 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 | $6,500,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,787,886 |
| Total liabilities | $54,862,353 |
| Net assets without donor restrictions | $40,908,538 |
| Net assets with donor restrictions | $254,168 |
| 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 | $96,025,059 |
Grants Awarded
Over the last fiscal year, American Academy Of Family Physicians has awarded $397,354 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ANNALS OF FAMILY MEDICINE PURPOSE: SUPPORT | $226,354 |
AMERICAN ACADEMY OF FAMILY PHYSICIANS FND PURPOSE: MATCHING GRANT FUNDS | $43,000 |
NATIONAL ACADEMY OF SCIENCES PURPOSE: SUPPORT | $100,000 |
UNITED WAY OF GREATER KC PURPOSE: MATCHING CONTRIB. | $28,000 |