Pediatric Academic Societies Inc
- Assets
- $994.7k
- Revenue
- $4.6m
- Investments
- $0.0
- Employees
- 0
- Location
- The Woodlands, TX
- Founding
- 06/2019
- Data as of
- 07/2022
- EIN
- 83-1173099
Organization Overview
Pediatric Academic Societies Inc is located in The Woodlands, TX. The organization was established in 2019. 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. Pediatric Academic Societies 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 07/2022, Pediatric Academic Societies Inc generated $4.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $4.3m during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 4 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
CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, INCLUDING BUT NOT LIMITED TO SUPPORT CHILD HEALTH THROUGH SCHOLARLY ACTIVITIES INCLUDING PROGRAMS, RESEARCH, EVENTS AND OTHER EDUCATIONAL MATERIALS FOR PHYSICIANS AND RESEARCHERS IN THE FIELDS OF PEDIATRICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL MEETING OF PEDIATRIC ACADEMIC SOCIETIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vineet Bhandari MD Dm Faap Sec/treas/director | OfficerTrustee | 0.25 | $0 |
Susan Bostwick MD MBA President/director | OfficerTrustee | 0.25 | $0 |
Eileen Fenton Executive Director | Officer | 23 | $0 |
Teri Turner MD MPH Med Director | Trustee | 0.25 | $0 |
Hannah Glass MD Director | Trustee | 0.25 | $0 |
Maria Trent MD MPH Faap Fsahm Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $230,542 |
| 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 | $230,542 |
| Total Program Service Revenue | $4,404,321 |
| Investment income | $1,108 |
| 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 | $4,635,971 |
| 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 | $0 |
| Fees for services: Legal | $47,160 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $270,049 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,573,737 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $381,613 |
| Total functional expenses | $4,272,559 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $316,448 |
| Savings and temporary cash investments | $253,130 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $324,586 |
| 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 | $75,547 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $25,020 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $994,731 |
| Accounts payable and accrued expenses | $538,285 |
| Grants payable | $0 |
| Deferred revenue | $182,081 |
| 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 | $720,366 |
| Net assets without donor restrictions | $0 |
| 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 | $274,365 |
| Total liabilities and net assets/fund balances | $994,731 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pediatric Academic Societies Inc has recieved totaling $11,000.
| Awarding Organization | Amount |
|---|---|
International Pediatric Research Foundation Inc The Woodlands, TX PURPOSE: GENERAL SUPPORT OF THE PROGRAM | $11,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Tech Physicians Associates Lubbock, TX | $1,053,620 | $13,180,102 |
Integris Hospice Inc Oklahoma City, OK | $11,675,869 | $6,226,124 |
Angel Flight Inc Addison, TX | $625,188 | $5,105,029 |
Arkansas Rural Health Partnership Lake Village, AR | $1,374,421 | $4,937,387 |
Migrant Clinicians Network Inc Austin, TX | $4,465,355 | $5,358,914 |
Pediatric Academic Societies Inc The Woodlands, TX | $994,731 | $4,635,971 |
Louisiana Primary Care Association Inc Baton Rouge, LA | $7,206,016 | $4,589,222 |
Tomagwa Ministries Inc Tomball, TX | $2,774,535 | $3,087,536 |
Emergency Medicine Foundation Dallas, TX | $10,010,925 | $2,726,276 |
Center For Mindful Self Compassion Inc Austin, TX | $1,129,298 | $2,475,044 |
Dr Bob And Jean Smith Foundation Dallas, TX | $17,923,213 | $1,312,616 |
Scottys House Brazos Valley Child Advocacy Center Inc Bryan, TX | $2,175,360 | $2,287,038 |