Form 990 for tax year 2022
Filed by NORTH CAROLINA ACADEMY OF FAMILY PHYSICIANS FOUNDATION.
Totals
- Total revenue
- $502,168
- Total expenses
- $244,849
- Contributions and grants received
- $427,716
- Grants paid
- $15,000
- Program service revenue
- $0
- Investment income
- $74,452
- Other revenue
- $0
- Total assets, end of year
- $2,915,114
- Total liabilities, end of year
- $44,569
- Net assets or fund balances, end of year
- $2,870,545
- Program services expenses (Part IX)
- $123,259
- Management and general expenses
- $77,840
- Fundraising expenses
- $43,750
- Program service expenses (Part III)
- $123,259
Program services were 50.3% 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.
-
1c · Fundraising events
$27,050
-
1e · Government grants (contributions)
$300,000
-
1f · All other contributions, gifts and grants
$100,666
-
1g · Noncash contributions included above
$9,942
-
3 · Investment income
total $74,452 · excluded $74,452
-
7a · Gross sales of assets other than inventory
securities $259,990
-
7b · Less cost or other basis and sales expenses
securities $259,990
-
7c · Gain or loss
securities $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$27,050
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $15,000 · program services $15,000
-
7 · Other salaries and wages
total $108,900 · program services $63,000 · management and general $45,900
-
11c · Fees: accounting
total $10,450 · management and general $10,450
-
11e · Fees: professional fundraising services
total $43,750 · fundraising $43,750
-
11f · Fees: investment management
total $16,386 · management and general $16,386
-
11g · Fees: other
total $120 · management and general $120
-
13 · Office expenses
total $675 · program services $220 · management and general $455
-
17 · Travel
total $8,273 · program services $5,785 · management and general $2,488
-
19 · Conferences, conventions and meetings
total $25,700 · program services $25,618 · management and general $82
-
23 · Insurance
total $1,010 · management and general $1,010
-
24a · Other expenses: LEADERSHIP
total $13,636 · program services $13,636
-
24b · Other expenses: MISCELLANEOUS
total $949 · management and general $949
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $289,359 · end of year $355,267
-
2 · Savings and temporary cash investments
beginning of year $586,332 · end of year $590,686
-
4 · Accounts receivable
beginning of year $31,877 · end of year $30,620
-
11 · Investments: publicly traded securities
beginning of year $2,031,065 · end of year $1,938,541
-
17 · Accounts payable and accrued expenses
beginning of year $1,896 · end of year $44,569
-
27 · Net assets without donor restrictions
beginning of year $2,501,319 · end of year $2,545,136
-
28 · Net assets with donor restrictions
beginning of year $435,418 · end of year $325,409
Mission and programs · 2022
Mission
TO SUPPORT THE ADVANCEMENT OF FAMILY MEDICINE IN NORTH CAROLINA BY FOSTERING STUDENT INTEREST IN FAMILY MEDICINE, ENHANCING THE HEALTH OF THE CITIZENS OF OUR STATE, AND ENCOURAGING PHYSICIAN WELL-BEING.
-
THE NCAFP AND NCAFP FOUNDATION COOPERATED TO HOST ITS ANNUAL WINTER FAMILY PHYSICIANS WEEKEND MEETING, WHERE MEDICAL STUDENTS HAD OPPORTUNITIES TO MEET WITH RESIDENCY PROGRAMS AND LEARN ABOUT FAMILY MEDICINE AS A SPECIALTY WHILE ALSO BEING EXPOSED TO EDUCATIONAL AND HANDS-ON OPPORTUNITIES. THE FOUNDATION PROVIDED MEDICAL STUDENTS TRAVEL ASSISTANCE TO ATTEND THIS CONFERENCE. THE NCAFP FOUNDATION GRANTED MULTIPLE SCHOLARSHIPS TO NORTH CAROLINA MEDICAL STUDENTS CONSIDERING CAREERS AS FAMILY PHYSICIANS.
Expenses $123,259 · Grants $15,000
As filed on the 2022 return.
Listed in Part VII
-
Maureen E Murphy MD FaafpMAUREEN E MURPHY MD FAAFP
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Eugenie M Komives MD FaafpEUGENIE M KOMIVES MD FAAFP
VICE-PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Rhett L Brown MD FaafpRHETT L BROWN MD FAAFP
SECRETARY-TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Christopher P Danford MDCHRISTOPHER P DANFORD MD
PHYSICIAN TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25
-
Vickie A Fowler MDVICKIE A FOWLER MD
PHYSICIAN TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25
-
Michael Harris MDMICHAEL HARRIS MD
PHYSICIAN TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25
-
Amy E Marietta MD MPHAMY E MARIETTA MD MPH
PHYSICIAN TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25
-
Susan A Schmidt MDSUSAN A SCHMIDT MD
PHYSICIAN TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25
-
Kyle Melvin MDKYLE MELVIN MD
PHYSICIAN TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25
-
Holly Stegall MDHOLLY STEGALL MD
PHYSICIAN TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25
-
Patrick S Williams MDPATRICK S WILLIAMS MD
PHYSICIAN TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25
-
Shauna L Guthrie MD MPHSHAUNA L GUTHRIE MD MPH
ACADEMY PRESIDENT-ELECT
- Total calculated
- $2,500
- From this org
- $0
- From related orgs
- $2,500
- Other
- $0
- Hours/week
- 1 + 1 related
-
Dimitrios Hondros MDDIMITRIOS HONDROS MD
ACADEMY PRESIDENT
- Total calculated
- $5,000
- From this org
- $0
- From related orgs
- $5,000
- Other
- $0
- Hours/week
- 1 + 5 related
-
Steve ParkerSTEVE PARKER
CORPORATE TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25
-
John Smith MDJOHN SMITH MD
CORPORATE TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25
-
Caitlin S Porter DoCAITLIN S PORTER DO
RESIDENT TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25
-
Carley N Borrelli MDCARLEY N BORRELLI MD
RESIDENT TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25
-
Keri LanierKERI LANIER
STUDENT TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25
-
Collette A O'ConnorCOLLETTE A O'CONNOR
STUDENT TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25
-
Gregory Griggs Mpa CaeGREGORY GRIGGS MPA CAE
EXECUTIVE VP AND CEO
- Total calculated
- $253,257
- From this org
- $0
- From related orgs
- $212,873
- Other
- $40,384
- Hours/week
- 5 + 45 related
Schedule J breakdown matched by us
- Base
- $0 + $189,353 related
- Bonus
- $0 + $18,235 related
- Other
- $0 + $5,285 related
- Deferred
- $0 + $18,935 related
- Nontaxable benefits
- $0 + $21,449 related
- Filer's total
- $0 + $253,257 related
-
Shawn ParkerSHAWN PARKER
GENERAL COUNSEL AND CHIEF OF STAFF
- Total calculated
- $184,569
- From this org
- $0
- From related orgs
- $162,250
- Other
- $22,319
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $152,250 related
- Bonus
- $0 + $10,000 related
- Other
- $0
- Deferred
- $0 + $15,225 related
- Nontaxable benefits
- $0 + $7,094 related
- Filer's total
- $0 + $184,569 related
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
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.
-
NORTH CAROLINA ACADEMY OF FAMILY PHYSICIANS
501(c)(6) · TO ENHANCE HEALTH CARE DELIVERED TO THE PEOPLE OF NC · NC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 5 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202332489349301858
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