Form 990 for tax year 2023
Filed by BUILDING THE NEXT GENERATION OF ACADEMIC PHYSICIANS.
Totals
- Total revenue
- $236,180
- Total expenses
- $183,233
- Contributions and grants received
- $71,500
- Grants paid
- $46,445
- Program service revenue
- $163,037
- Investment income
- $61
- Other revenue
- $1,582
- Total assets, end of year
- $600,615
- Total liabilities, end of year
- -$150
- Net assets or fund balances, end of year
- $600,765
- Program services expenses (Part IX)
- $135,181
- Management and general expenses
- $48,052
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $135,181
Program services were 73.8% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$71,500
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: PROGRAM SALES AND FEES
total $163,037 · related or exempt $163,037 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $61 · related or exempt $0 · unrelated business $0 · excluded $61
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $1,582 · related or exempt $1,582 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $39,025 · program services $39,025
-
2 · Grants to domestic individuals
total $7,420 · program services $7,420
-
5 · Compensation of officers, directors and key employees
total $10,790 · program services $6,936 · management and general $3,854
-
11c · Fees: accounting
total $23,829 · management and general $23,829
-
11g · Fees: other
total $26,810 · program services $17,233 · management and general $9,577
-
12 · Advertising and promotion
total $166 · management and general $166
-
13 · Office expenses
total $21,254 · program services $14,515 · management and general $6,739
-
16 · Occupancy
total $7,705 · program services $7,693 · management and general $12
-
17 · Travel
total $26,176 · program services $24,735 · management and general $1,441
-
19 · Conferences, conventions and meetings
total $1,108 · program services $1,108
-
23 · Insurance
total $634 · management and general $634
-
24a · Other expenses: PROGRAM EXPENSES
total $16,516 · program services $16,516 · management and general $0 · fundraising $0
-
24b · Other expenses: BANK AND MERCHANT FEES
total $1,800 · program services $0 · management and general $1,800 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $171,668 · end of year $78,314
-
2 · Savings and temporary cash investments
beginning of year $384,322 · end of year $522,301
-
17 · Accounts payable and accrued expenses
beginning of year $8,172 · end of year -$150
-
27 · Net assets without donor restrictions
beginning of year $547,818 · end of year $600,765
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2023
Mission
THE NAME AND PURPOSE OF THE CORPORATION SHALL BE AS SET FORTH IN ITS CERTIFICATE OF INCORPORATION. IN ADDITION TO THE FOREGOING, THE CORPORATION HAS MULTIPLE CHARITABLE AND EDUCATIONAL PURPOSES, INCLUDING: TO EDUCATE AND PROMOTE INCREASED AWARENESS AND INTEREST AMONG MEDICAL STUDENTS, RESIDENTS AND OTHER HEALTHCARE PROFESSIONALS IN ACADEMIC MEDICINE AS A CAREER AND TO SOLICIT AND PROVIDE INFORMATION, FINANCIAL AND OTHER ASSISTANCE TO INTERESTED CANDIDATES WITH A FINANCIAL NEED TO ENABLE THEM TO FURTHER EXPLORE AND POTENTIALLY EMBARK ON A CAREER IN ACADEMIC MEDICINE AND OTHER HEALTHCARE PROFESSIONS.
-
LGBT HWC - THE LGBT HEALTH WORKFORCE CONFERENCE IS THE LARGEST AND MOST WELL-KNOWN NATIONAL LGBT HEALTH WORKFORCE CONFERENCE IN THE UNITED STATES HELD ANNUALLY IN NEW YORK CITY. THE CONFERENCE PROVIDES AN OVERVIEW OF UP-TO-DATE PRACTICES (CLIMATE, EDUCATIONAL, RESEARCH, AND CLINICAL) IN PREPARING THE HEALTHCARE WORKFORCE TO ADDRESS THE HEALTH CONCERNS AND DISPARITIES OF LESBIAN, GAY, BISEXUAL, AND TRANSGENDER (LGBT) COMMUNITIES. THIS CONFERENCE IS DESIGNED FOR HEALTH PROFESSIONALS (M.D., D.O., P.A.-C., R.N., N.P., PHARM.D., D.D., PH.D., ED.D., PUBLIC HEALTH PRACTITIONERS, SOCIAL WORKERS, PSYCHOLOGISTS, ETC.), RESEARCHERS, EDUCATORS, ADMINISTRATORS, AND STUDENTS (PRE-HEALTH PROFESSIONS, PROFESSIONAL SCHOOLS, AND GRADUATE), BUT ALL INTERESTED ARE INVITED TO ATTEND. CME CREDIT WILL BE AVAILABLE. OUR MISSION IS TO HELP PREPARE THE HEALTH CARE WORKFORCE TO ADDRESS THE HEALTH CONCERNS OF LESBIAN, GAY, BISEXUAL, TRANSGENDER, AND QUEER (LGBTQ) COMMUNITIES, AND TO PROVIDE PROFESSIONAL DEVELOPMENT RESOURCES TO SUPPORT THESE GOALS. THIS CONFERENCE HAS SUCCESSFULLY GATHERED OVER 200 HEALTHCARE PROFESSIONALS EACH YEAR TO ADVANCE LGBTQ+-RELATED CAUSES. ALL INCOME RECEIVED GOES TO SUPPORT CONFERENCE RELATED ACTIVITIES.
Expenses $62,470 · Grants $12,002 · Revenue $39,117
-
PREFAC CENTER - THE NATIONAL CENTER FOR PRE-FACULTY DEVELOPMENT CENTER PROVIDES A NEW FORMAL STRUCTURE TO GUIDE AND LEAD ACADEMIC HEALTH CENTERS, NATIONAL ORGANIZATIONS, AND COMMUNITY-BASED ORGANIZATIONS AS THEY COLLECTIVELY FOCUS ON PRE-FACULTY DEVELOPMENT AS A MEANS TO DIVERSIFYING ACADEMIA. THE CONCEPT OF PRE-FACULTY DEVELOPMENT IS DEFINED AS "PROVIDING TRAINEES WITH FOUNDATIONAL SELF-EFFICACY, KNOWLEDGE, SKILLS, AND EXPERIENCES TO BE SUCCESSFULLY APPOINTED, AND EVENTUALLY PROMOTED AND TENURED WITHIN AN ACADEMIC INSTITUTION (SÁNCHEZ JP AND WILLIAMS V, 2019.)" RESOURCES PROVIDED BY THE CENTER TO MEMBER ENTITIES INCLUDE MONTHLY REGIONAL AND NATIONAL ACADEMIC CAREER DEVELOPMENT SEMINARS AND WEBINARS TO HELP DIVERSE TRAINEES (FROM COLLEGE STUDENT LEVEL TO FELLOWS) GAIN GREATER AWARENESS OF, INTEREST IN, AND PREPAREDNESS FOR ACADEMIC CAREERS.THE CENTER ALSO PROVIDES TO NETWORK AND GAIN EXPOSURE THROUGH OPPORTUNITIES FOR MEMBER ENTITIES TO POST ADS IN THE BNGAP MONTHLY E-NEWSLETTER RELATED TO CAREER, EMPLOYMENT, AND FUNDING OPPORTUNITIES AND UPCOMING EVENTS. MEDICINE THROUGH PRE-FACULTY DEVELOPMENT. OVER 100 HEALTHCARE PROFESSIONALS INCLUDING DIVERSE MEDICAL TRAINEES REGISTER AND ATTEND, EITHER IN-PERSON OR VIRTUALLY, TO OUR ANNUAL CONFERENCE. ALL INCOME RECEIVED GOES TO SUPPORT CENTER ACTIVITIES.
Expenses $49,251 · Grants $34,443 · Revenue $123,920
-
GENERAL PROGRAMS - THE BNGAP GENERAL PROGRAMS FOR DIVERSE TRAINEES RELATE TO EFFORTS TO BRING MEDICAL TRAINEES, FACULTY, AND SENIOR LEADERS TOGETHER TO SHARE AND DISCUSS ACTIVITIES AND BEST PRACTICES IN BUILDING THE NEXT GENERATION OF ACADEMIC HEALTH PROFESSIONALS IN THE FORM OF SEMINARS, LECTURES, AND MEETINGS.
Expenses $11,851
-
OTHER PROGRAMS - OUTREACH AND NATIONAL PRE-FACULTY CONFERENCE.
Expenses $11,609
As filed on the 2023 return.
Listed in Part VII
-
Nicholas BrutusNICHOLAS BRUTUS
CO-TREASURER
- Total calculated
- $10,790
- From this org
- $10,790
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
-
John P SanchezJOHN P SANCHEZ
PRESIDENT
- Total calculated
- $0
- Hours/week
- 40
-
Edward CallahanEDWARD CALLAHAN
CO-TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Nelson SanchezNELSON SANCHEZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Valerie Romero-LeggotVALERIE ROMERO-LEGGOT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Cheryl BrewsterCHERYL BREWSTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Rosa LeeROSA LEE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dennis SpencerDENNIS SPENCER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ray LucasRAY LUCAS
BOARD MEMBER
- 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
-
$16,875
JOSIAH MACY JR GRANT ALLOCATION IN THE SUPPORT OF CONSULTANT FOR THE NATIONAL CENTER.
-
$11,850
FUNDING FOR THE VALERIE ROMERO-LEGGOTT AWARD.
-
$10,300
FUNDING FOR THE NELSON FELIX SANCHWZ AWARD.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 30 July 2024
- IRS schema version
- 2023v5.0
- Source object
- 202442139349300329
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