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← WILLIAM L GOLDFARB FOUNDATION FOR EDUCATION & RESRCH OF LWR EXTM INC

Form 990 for tax year 2024

Filed by WILLIAM L GOLDFARB FOUNDATION FOR EDUCATION & RESRCH OF LWR EXTM INC.

Totals

Total revenue
$793,928
Total expenses
$688,397
Contributions and grants received
$121,239
Grants paid
$0
Program service revenue
$599,735
Investment income
$72,954
Other revenue
$0
Total assets, end of year
$702,421
Total liabilities, end of year
$118,125
Net assets or fund balances, end of year
$584,296
Program services expenses (Part IX)
$511,842
Management and general expenses
$176,555
Fundraising expenses
$0
Program service expenses (Part III)
$511,842

Program services were 74.4% 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.

  • 1f · All other contributions, gifts and grants

    $121,239

  • 2a · Program service revenue: SEMINARS

    total $521,263 · related or exempt $521,263

  • 2b · Program service revenue: EDUCATION MATERIAL INCOME

    total $53,472 · related or exempt $53,472

  • 2c · Program service revenue: REG III MANAGEMNET FEE

    total $25,000 · related or exempt $25,000

  • 3 · Investment income

    total $22,260 · excluded $22,260

  • 7a · Gross sales of assets other than inventory

    securities $136,380

  • 7b · Less cost or other basis and sales expenses

    securities $85,686

  • 7c · Gain or loss

    securities $50,694

  • 7d · Net gain or loss

    total $50,694 · related or exempt $50,694

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $7,124 · management and general $7,124

  • 11f · Fees: investment management

    total $1,669 · management and general $1,669

  • 11g · Fees: other

    total $23,000 · program services $23,000

  • 13 · Office expenses

    total $131 · management and general $131

  • 14 · Information technology

    total $18,048 · program services $18,048

  • 19 · Conferences, conventions and meetings

    total $377,919 · program services $377,919

  • 22 · Depreciation, depletion and amortization

    total $1,380 · program services $1,380

  • 23 · Insurance

    total $1,325 · management and general $1,325

  • 24a · Other expenses: MANAGEMENT FEE

    total $156,000 · management and general $156,000

  • 24b · Other expenses: EDUCATION MATERIAL EXPENS

    total $40,025 · program services $40,025

  • 24c · Other expenses: FOUNDATION RETREAT

    total $24,991 · program services $24,991

  • 24d · Other expenses: BANK CHARGES AND FEES

    total $8,454 · management and general $8,454

  • 24e · All other expenses

    total $28,331 · program services $26,479 · management and general $1,852

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $300 · end of year $104,309

  • 2 · Savings and temporary cash investments

    beginning of year $92,620

  • 4 · Accounts receivable

    beginning of year $10,000 · end of year $15,175

  • 9 · Prepaid expenses and deferred charges

    beginning of year $17,419 · end of year $38,348

  • 10a · Land, buildings and equipment: cost or other basis

    $6,900

  • 10b · Land, buildings and equipment: accumulated depreciation

    $5,750

  • 10c · Land, buildings and equipment, net

    beginning of year $2,530 · end of year $1,150

  • 11 · Investments: publicly traded securities

    beginning of year $461,959 · end of year $543,439

  • 17 · Accounts payable and accrued expenses

    beginning of year $62,407 · end of year $44,122

  • 19 · Deferred revenue

    end of year $70,879

  • 25 · Other liabilities

    beginning of year $12,626 · end of year $3,124

  • 27 · Net assets without donor restrictions

    beginning of year $509,795 · end of year $483,667

  • 28 · Net assets with donor restrictions

    end of year $100,629

Mission and programs · 2024

Mission

TO ENHANCE THE KNOWLEDGE OF ALL PERSONS WITH REGARD TO THE PROFESSION OF PODIATRIC MEDICINE BY AND THROUGH THE PRESENTATION OF EDUCATIONAL SESSIONS IN SEMINAR AND INSTRUCTIONAL MEDIA FORMATS, PRODUCTION OF SCIENTIFIC PAPERS, FUNDING AND CONDUCT OF RESEARCH, AND PRESENTATON OF INFORMATION RELATIVE TO ANY ASPECT OF PODIATRIC MEDICINE.

  • THE PRESENTATION OF SEMINARS, PRODUCTION OF SCIENTIFIC PAPERS, FUNDING AND CONDUCT OF RESEARCH AND PRESENTATION OF INFORMATION RELATING TO ANY ASPECT OF MEDICAL SERVICES AND/OR PODIATRY.

    Expenses $511,842 · Revenue $599,735

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Thomas Ortenzio Dpm

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Jeff Dunkerley Dpm

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Sabrina Minhas Dpm

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1
  • Edwin Hart III Dpm

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Mike Barth

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    2
  • Alicia Canzanese Dpm

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jan Golden Dpm

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jolene Moyer Dpm

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark E Pinker Dpm

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joseph Smith Dpm

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jeffery Zimmerman Dpm

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • PODIATRIC MEDICAL ASSURANCE OF PA

    C CORP · INSURANCE · PA · share of income $10,000

Provenance

Return type
form_990
Tax year
2024
Filed
25 November 2025
IRS schema version
2024v5.0
Source object
202533299349300413

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