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← BUILDING THE NEXT GENERATION OF ACADEMIC PHYSICIANS

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 Brutus

    CO-TREASURER

    Total calculated
    $10,790
    From this org
    $10,790
    From related orgs
    $0
    Other
    $0
    Hours/week
    20
  • John P Sanchez

    PRESIDENT

    Total calculated
    $0
    Hours/week
    40
  • Edward Callahan

    CO-TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Nelson Sanchez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Valerie Romero-Leggot

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Cheryl Brewster

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Rosa Lee

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Dennis Spencer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Ray 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

Provenance

Return type
form_990
Tax year
2023
Filed
30 July 2024
IRS schema version
2023v5.0
Source object
202442139349300329

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