Lynchburg Academy Of Medicine Inc
- Assets
- $164.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lynchburg, VA
- Founding
- 02/1939
- Data as of
- 06/2024
- EIN
- 54-0742432
Organization Overview
Lynchburg Academy Of Medicine Inc is located in Lynchburg, VA. The organization was established in 1939. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lynchburg Academy Of Medicine Inc 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 06/2024, Lynchburg Academy Of Medicine Inc generated $59.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $74.5k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
HELP EDUCATE THE COMMUNITY ON MEDICAL NEEDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trudy Shahady MD Past-President | 0 | $0 | |
Moira Rafferty MD President | 0 | $0 | |
Sanket Dhat MD Director | 0 | $0 | |
Jason D Givan MD Secretary/treasurer | 0 | $0 | |
Mark Kleiner MD Director | 0 | $0 | |
Sesha Krishna Kotapati MD Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $41,713 |
| Investment income | $6,612 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $11,128 |
| Total Revenue | $59,453 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,361 |
| Professional fees and other payments to independent contractors | $361 |
| Occupancy, rent, utilities, and maintenance | $2,234 |
| Printing, publications, postage, and shipping | $9,599 |
| Other expenses | $29,973 |
| Total expenses | $74,528 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $164,470 |
| Other assets | $0 |
| Total assets | $164,470 |
| Total liabilities | $0 |
| Net assets or fund balances | $164,470 |