Form 990 for tax year 2023

Totals

Total revenue

$948,696

Total expenses

$903,785

Contributions and grants received

$333,469

Grants paid

$0

Program service revenue

$589,493

Investment income

$25,734

Other revenue

$0

Total assets, end of year

$1,209,999

Total liabilities, end of year

$550,824

Net assets or fund balances, end of year

$659,175

Program services expenses (Part IX)

$697,427

Management and general expenses

$206,358

Fundraising expenses

$0

Program service expenses (Part III)

$697,427

Program services were 77.2% 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.

Mission and programs · 2023

• The ADFM Annual Meeting content is focused on the needs of their members in performing their jobs as chairs of academic departments of family medicine, provision of Listserv for sharing ideas among members, study of critical issues facing departments around medical students and resident teaching, clinical service delivery and research, development of a website with enhanced resources and a database tied to individual member departments. The conference hosts close to 200 department chairs and their administrators annually.

  Expenses $205,945 · Revenue $183,972

• The FM Next Grant Research Summit was a collaborative effort within the discipline of family medicine, led by ADFM, to bring together those invested in research in family medicine to strategize for what the future of family medicine research should look like. It included a year-long strategic planning process, culminating in a summit that brought together over 140 leaders in the discipline to explore possible action steps to move the strategic plan forward.

  Expenses $182,343 · Revenue $195,480

• The ADFM LEADS Fellowship Program provides interactive training, tools, and experiential learning for those aspiring to senior leadership positions in academic or other health systems. The program has an emphasis on strategic career planning and features a cohort-responsive curriculum structured around the Leadership Competencies for Family Medicine Department Chairs and Senior Leaders, which we have found fit for other leadership roles as well.

  Expenses $131,548 · Revenue $144,750

• Board, committees, task forces, advocacy issues, support for the medical journal Annals of Family Medicine, and fellowships are key to carrying out the mission and vision of ADFMs programs and initiatives including critical decisions and support for advocacy family medicine issues, and the support of educational research in Annals.

  Expenses $177,591

As filed on the 2023 return.

Listed in Part VII

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

16 July 2024

IRS schema version

2023v5.1

Source object

202412139349300731

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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