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← BUILDING THE NEXT GENERATION OF ACADEMIC PHYSICIANS

Form 990 for tax year 2024

Filed by BUILDING THE NEXT GENERATION OF ACADEMIC PHYSICIANS.

Totals

Total revenue
$393,195
Total expenses
$277,156
Contributions and grants received
$178,576
Grants paid
$40,861
Program service revenue
$214,324
Investment income
$0
Other revenue
$295
Total assets, end of year
$719,855
Total liabilities, end of year
$3,051
Net assets or fund balances, end of year
$716,804
Program services expenses (Part IX)
$238,271
Management and general expenses
$38,885
Fundraising expenses
$0
Program service expenses (Part III)
$238,271

Program services were 86.0% 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.

  • 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

    $178,576

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue: PROGRAM SALES AND FEES

    total $189,280 · related or exempt $189,280 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: CONFERENCE REGISTRATION INCOME

    total $25,044 · related or exempt $25,044 · 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 $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $234 · related or exempt $234 · 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

  • 11d · All other revenue

    total $61 · related or exempt $61 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $61

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $31,375 · program services $31,375

  • 2 · Grants to domestic individuals

    total $9,486 · program services $9,486

  • 5 · Compensation of officers, directors and key employees

    total $43,410 · program services $43,410

  • 11c · Fees: accounting

    total $16,728 · management and general $16,728

  • 11g · Fees: other

    total $69,066 · program services $55,678 · management and general $13,388

  • 12 · Advertising and promotion

    total $1,128 · management and general $1,128

  • 13 · Office expenses

    total $52,778 · program services $47,862 · management and general $4,916

  • 14 · Information technology

    total $27,822 · program services $27,746 · management and general $76

  • 16 · Occupancy

    total $1,101 · program services $1,101

  • 17 · Travel

    total $10,227 · program services $9,474 · management and general $753

  • 19 · Conferences, conventions and meetings

    total $1,077 · program services $1,077

  • 23 · Insurance

    total $1,896 · management and general $1,896

  • 24a · Other expenses: PROGRAM EXPENSES

    total $11,062 · program services $11,062 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $78,314 · end of year $76,917

  • 2 · Savings and temporary cash investments

    beginning of year $522,301 · end of year $642,938

  • 17 · Accounts payable and accrued expenses

    beginning of year -$150 · end of year $3,051

  • 27 · Net assets without donor restrictions

    beginning of year $600,765 · end of year $646,608

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $70,196

Mission and programs · 2024

Mission

THE BUILDING THE NEXT GENERATION OF ACADEMIC PHYSICIANS (BNGAP) MISSION IS TO HELP DIVERSE MEDICAL STUDENTS AND RESIDENTS BECOME AWARE OF ACADEMIC MEDICINE AS A CAREER OPTION AND TO PROVIDE THEM WITH THE RESOURCES TO FURTHER EXPLORE AND POTENTIALLY EMBARK ON AN ACADEMIC MEDICINE CAREER.

  • THE NATIONAL CENTER FOR PRE-FACULTY DEVELOPMENT (PREFAC CENTER) - THE NATIONAL CENTER FOR PRE-FACULTY DEVELOPMENT PROVIDES A 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. ACROSS OVER TWENTY PARTNERING MEDICAL INSTITUTIONS AND NATIONAL MEDICAL ORGANIZATIONS, THE CENTER AIMS TO PROVIDE TRAINEES WITH FOUNDATIONAL SELF-EFFICACY, KNOWLEDGE, SKILLS, AND EXPERIENCES TO BE SUCCESSFULLY APPOINTED, AND EVENTUALLY PROMOTED AND TENURED WITHIN AN ACADEMIC INSTITUTION. THE CENTER INCLUDES A 12-MONTH ACADEMIC MEDICINE WRITING FELLOWSHIP THAT GUIDES FELLOWS IN PUBLISHING MEDICAL EDUCATION CONTENT.

    Expenses $137,192 · Grants $34,061 · Revenue $100,000

  • LGBT HEALTH WORKFORCE CONFERENCE (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 HEALTH CARE 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. DURING THE 2024 CONFERENCE, WE RECEIVED OVER ONE HUNDRED-FIFTY REGISTRANTS FOR THIS THREE DAY CONFERENCE WHICH INCLUDES SEVERAL AWARDS AND RESEARCH PRESENTATIONS.

    Expenses $71,680 · Grants $800 · Revenue $114,324

  • GENERAL PROGRAMS - GENERAL PROGRAMS INCLUDE REGIONAL SEMINARS THAT ARE OPEN TO ALL HEALTHCARE WORKERS/AFFILIATES BUT ARE TAILORED TO ENCOURAGE TRAINEES (MEDICAL STUDENTS, RESIDENTS, PHDS) WHO ARE UNDERREPRESENTED IN MEDICINE (WOMEN, LGBTQ, AND RACIAL AND ETHNIC MINORITIES) TO CONSIDER ACADEMIC MEDICINE CAREERS. THESE SEMINARS ARE DESIGNED TO TEACH LEARNERS THE ARRAY OF ACADEMIC MEDICINE CAREER PATHS AND OPPORTUNITIES AND ALSO TO DEVELOP AND ENHANCE THEIR ACADEMIC MEDICINE PORTFOLIO. OVER THER 2024 YEAR WE HAVE CONDUCTED SEVERAL VIRTUAL AND IN PERSON SEMINARS AT UNIQUE MEDICAL CENTERS.

    Expenses $19,470

  • OTHER PROGRAMS - OUTREACH, MEDICAL EDUCATION CONFERENCE, NATIONAL PRE-FACULTY CONFERENCE.

    Expenses $9,929 · Grants $6,000

As filed on the 2024 return.

Listed in Part VII

  • John P Sanchez

    PRESIDENT

    Total calculated
    $30,000
    From this org
    $30,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Nicholas Brutus

    CO-TREASURER

    Total calculated
    $13,410
    From this org
    $13,410
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

  • Nelson Sanchez

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    40

  • Dennis Spencer

    SECRETARY

    Total calculated
    $0
    Hours/week
    10

  • Edward Callahan

    CO-TREASURER

    Total calculated
    $0
    Hours/week
    10

  • Cheryl Brewster

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Valerie Romero-Leggott

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

  • Rosa Lee

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    10

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
2024
Filed
12 August 2025
IRS schema version
2024v5.0
Source object
202542269349301134

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