American Academy Of Family Physicians is located in Baton Rouge, LA. 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 12/2022, American Academy Of Family Physicians employed 3 individuals. This organization is a subordinate organization within 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 12/2022, American Academy Of Family Physicians generated $669.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $641.0k during the year ending 12/2022. While expenses have increased by 2.8% per year over the past 8 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
TO PROMOTE AND SUPPORT LOUISIANA'S FAMILY PHYSICIANS IN PROVIDING HEALTH CARE AND TO PROVIDE ITS MEMBERS WITH CONTINUING MEDICAL EDUCATION OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE AND SUPPORT LOUISIANA'S FAMILY PHYSICIANS IN PROVIDING HEALTH CARE AND TO PROVIDE ITS MEMBERS WITH CONTINUING MEDICAL EDUCATION OPPORTUNITIES.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Kenneth Brown MD Immediate Past President | OfficerTrustee | 0 | $0 | 
| Brian Harrell MD President | OfficerTrustee | 0 | $0 | 
| Richard Bridges MD Vice President | OfficerTrustee | 0 | $0 | 
| Teri O'neal MD Secretary | OfficerTrustee | 0 | $0 | 
| Bryan Picou MD Treasurer | OfficerTrustee | 0 | $0 | 
| Vincent Shaw MD Faafp President Elect | OfficerTrustee | 0 | $0 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 | 
| Membership dues | $287,653 | 
| Fundraising events | $0 | 
| Related organizations | $0 | 
| Government grants | $0 | 
| All other contributions, gifts, grants, and similar amounts not included above | $42,000 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $329,653 | 
| Total Program Service Revenue | $315,898 | 
| Investment income | $0 | 
| 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 | $669,697 | 
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,000 | 
| 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. | $123,318 | 
| Compensation of current officers, directors, key employees. | $0 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $78,904 | 
| Pension plan accruals and contributions | $5,129 | 
| Other employee benefits | $19,606 | 
| Payroll taxes | $14,826 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $0 | 
| Fees for services: Accounting | $17,700 | 
| Fees for services: Lobbying | $24,958 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $0 | 
| Fees for services: Other | $990 | 
| Advertising and promotion | $0 | 
| Office expenses | $51,067 | 
| Information technology | $0 | 
| Royalties | $0 | 
| Occupancy | $3,412 | 
| Travel | $33,898 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $225,367 | 
| Interest | $0 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $4,418 | 
| Insurance | $9,481 | 
| All other expenses | $411 | 
| Total functional expenses | $640,966 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $330,306 | 
| Savings and temporary cash investments | $0 | 
| 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 | $0 | 
| Inventories for sale or use | $0 | 
| Prepaid expenses and deferred charges | $0 | 
| Net Land, buildings, and equipment | $72,302 | 
| Investments—publicly traded securities | $0 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $21,352 | 
| Total assets | $423,960 | 
| Accounts payable and accrued expenses | $25,699 | 
| Grants payable | $0 | 
| Deferred revenue | $133,830 | 
| 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 | $56,573 | 
| Total liabilities | $216,102 | 
| Net assets without donor restrictions | $207,858 | 
| 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 | $423,960 |