Form 990 for tax year 2022
Filed by SOCIETY OF TEACHERS OF FAMILY MEDICINE FOUNDATION.
Totals
- Total revenue
- $224,591
- Total expenses
- $207,024
- Contributions and grants received
- $177,638
- Grants paid
- $10,000
- Program service revenue
- $0
- Investment income
- $46,953
- Other revenue
- $0
- Total assets, end of year
- $1,574,504
- Total liabilities, end of year
- $129,029
- Net assets or fund balances, end of year
- $1,445,475
- Program services expenses (Part IX)
- $83,873
- Management and general expenses
- $60,453
- Fundraising expenses
- $62,698
- Program service expenses (Part III)
- $83,873
Program services were 40.5% 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
$177,638
-
3 · Investment income
total $28,233 · excluded $28,233
-
7a · Gross sales of assets other than inventory
securities $205,233
-
7b · Less cost or other basis and sales expenses
securities $186,513
-
7c · Gain or loss
securities $18,720
-
7d · Net gain or loss
total $18,720 · excluded $18,720
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $10,000 · program services $10,000
-
11c · Fees: accounting
total $2,236 · management and general $2,236
-
11f · Fees: investment management
total $8,095 · program services $1,773 · management and general $6,322
-
11g · Fees: other
total $10,980 · program services $10,980
-
13 · Office expenses
total $12,439 · program services $9,923 · fundraising $2,516
-
17 · Travel
total $22,362 · program services $18,159 · management and general $4,203
-
19 · Conferences, conventions and meetings
total $27,780 · program services $27,780
-
23 · Insurance
total $2,227 · management and general $2,227
-
24a · Other expenses: Membership dues
total $3,240 · program services $3,240
-
24b · Other expenses: State registration fees
total $9,065 · fundraising $9,065
-
24c · Other expenses: Support organization cost
total $81,698 · management and general $41,297 · fundraising $40,401
-
24e · All other expenses
total $16,902 · program services $2,018 · management and general $4,168 · fundraising $10,716
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $187,010 · end of year $159,811
-
4 · Accounts receivable
beginning of year $4,510 · end of year $12,775
-
9 · Prepaid expenses and deferred charges
beginning of year $1,259 · end of year $3,481
-
10a · Land, buildings and equipment: cost or other basis
$684
-
10b · Land, buildings and equipment: accumulated depreciation
$684
-
11 · Investments: publicly traded securities
beginning of year $1,636,559 · end of year $1,392,106
-
15 · Other assets
beginning of year $16,222 · end of year $6,331
-
17 · Accounts payable and accrued expenses
beginning of year $17,147 · end of year $14,954
-
19 · Deferred revenue
beginning of year $117,374 · end of year $114,075
-
27 · Net assets without donor restrictions
beginning of year $1,485,649 · end of year $1,296,566
-
28 · Net assets with donor restrictions
beginning of year $225,390 · end of year $148,909
Mission and programs · 2022
Mission
The STFM Foundation was formed to carry out certain charitable, educational, literary, and scientific purposes of STFM, including to promote and maintain the high standards of the teaching of family medicine.
-
Other programs include Faculty for Tomorrow, MSE Student Scholars, Journal/Shots, Carmichael Fund, Blanchard Lecture, F. Marian Bishop Leadership Award, New Faculty Scholars, and MSE Fun Run.
Expenses $54,345 · Revenue $110,034
-
Underrepresented in Family Medicine (URM) Program - The foundation program for Underrepresented in Family Medicine (URM) reflects an initiative to increase resources and support to URM Faculty, URM community teachers, and URM medical students and residents going into academic family medicine. The definition of URM in this context is racial and ethnic populations underrepresented in the medical profession relative to numbers in the general population.
Expenses $19,528 · Revenue $23,476
-
STFM Project Fund - The STFM Project was formed to respond to the expressed needs of STFM members for funding research and education by establishing these funds. The fund encourages groups to collaboratively plan, implement, evaluate, and disseminate findings from educationally related scholarly projects.
Expenses $10,000 · Grants $10,000
As filed on the 2022 return.
Listed in Part VII
-
Melly Goodell
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Katherine Fortenberry
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Natalia Galarza Carrazco
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Jason Marker
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Jacob Prunuske
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Jody Lounsbery
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Joel Heidelbaugh
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Tanya Anim
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Bonzo Reddick
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Bill Ventres
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Scott Fields
President
- Total calculated
- $0
- Hours/week
- 1
-
Stacy Brungardt
Executive Director
- Total calculated
- $0
- Hours/week
- 2
-
Suzanne Minor
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Evelyn Figueroa
Vice President
- 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.
-
Society of Teachers of Family Medic
501c6 · Advance family medicine · KS
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313109349302796
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.