Form 990 for tax year 2024
Filed by AMERICAN COLLEGE OF PHYSICIANS.
Totals
- Total revenue
- $134,513
- Total expenses
- $112,326
- Contributions and grants received
- $115,571
- Grants paid
- $0
- Program service revenue
- $6,105
- Investment income
- $12,837
- Other revenue
- $0
- Total assets, end of year
- $539,996
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $539,996
- Program services expenses (Part IX)
- $96,935
- Management and general expenses
- $15,391
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $96,935
Program services were 86.3% 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.
-
1b · Membership dues
$87,746
-
1f · All other contributions, gifts and grants
$27,825
-
2a · Program service revenue: Education
total $6,105 · related or exempt $6,105
-
3 · Investment income
total $12,837 · excluded $12,837
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $27,500 · program services $13,750 · management and general $13,750
-
11c · Fees: accounting
total $550 · management and general $550
-
13 · Office expenses
total $102 · management and general $102
-
19 · Conferences, conventions and meetings
total $4,883 · program services $4,883
-
23 · Insurance
total $989 · management and general $989
-
24a · Other expenses: Advocacy-Medical Issues
total $19,272 · program services $19,272
-
24b · Other expenses: Education-Medical Students
total $58,090 · program services $58,090
-
24c · Other expenses: Community Outreach
total $940 · program services $940
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $162,098 · end of year $122,497
-
2 · Savings and temporary cash investments
beginning of year $259,885 · end of year $315,154
-
11 · Investments: publicly traded securities
beginning of year $94,777 · end of year $102,345
-
27 · Net assets without donor restrictions
beginning of year $516,760 · end of year $539,996
Mission and programs · 2024
Mission
To Coordinate, Promote, & Disseminate Educational Information Regarding Medical Issues & Programs
-
Leadership Days Conference, Advocacy of Organizational Goals, Regional Planning Meeting, Associate Activities, & Medical Support Activities, in Pursuit of Further Educating Physicians & Medical Students.
Expenses $96,935
As filed on the 2024 return.
Listed in Part VII
-
Soma Wali
Treasurer
- Total calculated
- $0
- Hours/week
- 10
-
Gustavo Chavez
Secretary
- 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 May 2026
- IRS schema version
- 2024v5.2
- Source object
- 202601349349304665
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