Form 990 for tax year 2023
Filed by KNOXVILLE ACADEMY OF MEDICINE FOUNDATION.
Totals
- Total revenue
- $2,019,171
- Total expenses
- $2,344,639
- Contributions and grants received
- $1,873,902
- Grants paid
- $0
- Program service revenue
- $141,148
- Investment income
- $3,266
- Other revenue
- $855
- Total assets, end of year
- $1,786,838
- Total liabilities, end of year
- $826,378
- Net assets or fund balances, end of year
- $960,460
- Program services expenses (Part IX)
- $2,344,639
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,344,639
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$1,772,567
-
1f · All other contributions, gifts and grants
$101,335
-
2a · Program service revenue: OTHER
total $141,148 · related or exempt $141,148
-
3 · Investment income
total $3,266 · related or exempt $3,266
-
6a · Gross rents
real property $855
-
6c · Rental income or loss
real property $855
-
6d · Net rental income or loss
total $855 · related or exempt $855
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $1,031,757 · program services $1,031,757
-
8 · Pension plan contributions
total $49,431 · program services $49,431
-
9 · Other employee benefits
total $113,000 · program services $113,000
-
10 · Payroll taxes
total $85,922 · program services $85,922
-
11c · Fees: accounting
total $11,910 · program services $11,910
-
12 · Advertising and promotion
total $7,668 · program services $7,668
-
13 · Office expenses
total $21,613 · program services $21,613
-
14 · Information technology
total $39,416 · program services $39,416
-
16 · Occupancy
total $33,550 · program services $33,550
-
17 · Travel
total $11,458 · program services $11,458
-
19 · Conferences, conventions and meetings
total $10,940 · program services $10,940
-
22 · Depreciation, depletion and amortization
total $190,693 · program services $190,693
-
23 · Insurance
total $4,047 · program services $4,047
-
24a · Other expenses: GRANTSADMIN
total $528,484 · program services $528,484
-
24b · Other expenses: VIP EXPENSE
total $5,518 · program services $5,518
-
24c · Other expenses: EVENT EXPENSES
total $44,709 · program services $44,709
-
24d · Other expenses: MISCELLANEOUS
total $154,523 · program services $154,523
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $39,755 · end of year $91,297
-
3 · Pledges and grants receivable
beginning of year $1,024,687 · end of year $670,334
-
4 · Accounts receivable
beginning of year $3,750 · end of year $3,750
-
9 · Prepaid expenses and deferred charges
beginning of year $82,451 · end of year $89,778
-
10a · Land, buildings and equipment: cost or other basis
$256,867
-
10b · Land, buildings and equipment: accumulated depreciation
$189,539
-
10c · Land, buildings and equipment, net
beginning of year $80,096 · end of year $67,328
-
11 · Investments: publicly traded securities
end of year $51,262
-
12 · Investments: other securities
beginning of year $166,557
-
15 · Other assets
beginning of year $895,876 · end of year $813,089
-
17 · Accounts payable and accrued expenses
beginning of year $3,830
-
19 · Deferred revenue
end of year $27,000
-
25 · Other liabilities
beginning of year $1,003,414 · end of year $799,378
-
27 · Net assets without donor restrictions
beginning of year $224,702 · end of year $148,810
-
28 · Net assets with donor restrictions
beginning of year $1,061,226 · end of year $811,650
Mission and programs · 2023
Mission
TO PROVIDE NO-COST HEALTH CARE TO FAMILIES WHO HAVE NO INSURANCE AND DO NOT QUALIFY FOR THE STATES LOW INCOME INSURANCE PROGRAM.
-
SEE SCH O
Expenses $2,344,639
As filed on the 2023 return.
Listed in Part VII
-
Stephen Wheless MDSTEPHEN WHELESS MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Neil Coleman MDNEIL COLEMAN MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Matt Mancini MDMATT MANCINI MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Steven Massaro MDSTEVEN MASSARO MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Joseph Rothwell MDJOSEPH ROTHWELL MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Eric Pennimanm DoERIC PENNIMANM DO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Neil Barry DoNEIL BARRY DO
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
James Shamiyah MDJAMES SHAMIYAH MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kimberly Weaver PhDKIMBERLY WEAVER PHD
CORPORATE SECRETARY
- Total calculated
- $0
- Hours/week
- 29
-
Pat Obrien MDPAT OBRIEN MD
PAST IMMEDIATE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Patrick McFarland MDPATRICK MCFARLAND MD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Rosalind Cadigan MDROSALIND CADIGAN MD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423209349320957
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.