Skip to content
Nonprofiteer
← DELAWARE ACADEMY OF MEDICINE INC

Form 990 for tax year 2024

Filed by DELAWARE ACADEMY OF MEDICINE INC.

Totals

Total revenue
$3,124,983
Total expenses
$3,005,280
Contributions and grants received
$2,769,451
Grants paid
$1,516,554
Program service revenue
$180,939
Investment income
$172,129
Other revenue
$2,464
Total assets, end of year
$5,078,944
Total liabilities, end of year
$1,955,772
Net assets or fund balances, end of year
$3,123,172
Program services expenses (Part IX)
$2,670,811
Management and general expenses
$310,640
Fundraising expenses
$23,829
Program service expenses (Part III)
$2,670,811

Program services were 88.9% 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

    $10,216

  • 1d · Related organizations

    $262,596

  • 1e · Government grants (contributions)

    $2,229,484

  • 1f · All other contributions, gifts and grants

    $267,155

  • 2a · Program service revenue: PROGRAM SERVICE CONTRA

    total $93,496 · related or exempt $93,496

  • 2b · Program service revenue: SALES

    total $68,048 · related or exempt $68,048

  • 2c · Program service revenue: HEALTH CONFERENCES

    total $10,929 · related or exempt $10,929

  • 2d · Program service revenue: STUDENT LOAN INTEREST

    total $8,466 · related or exempt $8,466

  • 3 · Investment income

    total $111,258 · excluded $111,258

  • 6a · Gross rents

    real property $2,464

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $2,464

  • 6d · Net rental income or loss

    total $2,464 · related or exempt $2,464

  • 7a · Gross sales of assets other than inventory

    securities $306,948

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

    securities $246,077

  • 7c · Gain or loss

    securities $60,871

  • 7d · Net gain or loss

    total $60,871 · excluded $60,871

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,516,554 · program services $1,516,554

  • 5 · Compensation of officers, directors and key employees

    total $133,660 · program services $112,274 · management and general $17,376 · fundraising $4,010

  • 7 · Other salaries and wages

    total $425,769 · program services $357,646 · management and general $55,350 · fundraising $12,773

  • 9 · Other employee benefits

    total $92,608 · program services $77,791 · management and general $12,039 · fundraising $2,778

  • 10 · Payroll taxes

    total $8,272 · program services $6,949 · management and general $1,075 · fundraising $248

  • 11b · Fees: legal

    total $9,514 · program services $8,943 · management and general $571

  • 11c · Fees: accounting

    total $136,857 · program services $128,645 · management and general $8,212

  • 11f · Fees: investment management

    total $8,788 · program services $8,788

  • 11g · Fees: other

    total $135,896 · program services $127,744 · management and general $8,152

  • 12 · Advertising and promotion

    total $22,923 · program services $22,923

  • 13 · Office expenses

    total $20,650 · program services $20,650

  • 14 · Information technology

    total $103,333 · program services $103,333

  • 16 · Occupancy

    total $26,796 · program services $24,116 · management and general $2,680

  • 17 · Travel

    total $3,230 · program services $3,230

  • 19 · Conferences, conventions and meetings

    total $26,797 · program services $22,777 · fundraising $4,020

  • 22 · Depreciation, depletion and amortization

    total $11,988 · program services $11,988

  • 23 · Insurance

    total $29,341 · program services $22,006 · management and general $7,335

  • 24a · Other expenses: PROGRAM SUPPORT

    total $105,138 · program services $56,487 · management and general $48,651

  • 24b · Other expenses: LOAN EXPENSES

    total $93,697 · management and general $93,697

  • 24c · Other expenses: OTHER OPERATING EXPENSE

    total $76,797 · program services $23,807 · management and general $52,990

  • 24d · Other expenses: DPHA

    total $6,296 · program services $6,296

  • 24e · All other expenses

    total $10,376 · program services $7,864 · management and general $2,512

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $233,218 · end of year $738,857

  • 4 · Accounts receivable

    beginning of year $20,380

  • 9 · Prepaid expenses and deferred charges

    beginning of year $879 · end of year $0

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

    $435,485

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

    $217,448

  • 10c · Land, buildings and equipment, net

    beginning of year $230,025 · end of year $218,037

  • 11 · Investments: publicly traded securities

    beginning of year $4,623,884 · end of year $3,664,798

  • 13 · Investments: program-related

    beginning of year $350,875 · end of year $457,252

  • 17 · Accounts payable and accrued expenses

    beginning of year $129,724 · end of year $104,666

  • 19 · Deferred revenue

    beginning of year $1,977,356 · end of year $1,324,351

  • 25 · Other liabilities

    beginning of year $336,988 · end of year $526,755

  • 27 · Net assets without donor restrictions

    beginning of year $424,706 · end of year $531,030

  • 28 · Net assets with donor restrictions

    beginning of year $2,590,487 · end of year $2,592,142

Mission and programs · 2024

Mission

THE DELAWARE ACADEMY OF MEDICINE, INC. IS A PRIVATE, NON PROFIT ORGANIZATION FOUNDED IN 1930. OUR MISSION IS TO ENHANCE THE WELL BEING OF OUR COMMUNITY THROUGH MEDICAL EDUCATION AND THE PROMOTION OF PUBLIC HEALTH. THIS MISSION IS ACCOMPLISHED THROUGH PROFESIONAL AND LAY EDUCATION, ADVOCACY EFFORTS, PARTNERSHIPS WITH LIKE MINDED INDIVIDUALS AND ENTITIES, AND WITH GUIDANCE FROM NATIONAL ORGANZIATIONS INCLUDING THE AMERICAN PUBLIC HEALTH ASSOCIATION AND THE NATIONAL ACADEMY OF MEDICINE.

Activities or mission (Part I)

FOUNDED IN 1930, THE ORGANIZATION FOCUSES ON PUBLIC HEALTH AND RESEARCH.

  • COMMUNITY EDUCATION & RESCOURCES (CER): FOR THE PROFESSIONAL/CLINICAL HEALTHCARE COMMUNITY, THE DELAWARE ACADEMY OF MEDICINE, INC. PROVIDES TRAINING AND PROFESSIONAL PROGRAMS ON A WIDE RANGE OF TOPICS; FROM SPECIALTY EDUCATION TO PUBLIC HEALTH EDUCATION TOPICS INCLUDING CULTURAL COMPETENCY, HEALTH LITERACY, AND TRENDS IN PUBLIC HEALTH PRACTICES. THE DELAWARE ACADEMY OF MEDICINE, INC. OPERATES THE IMMUNIZATION COALITION OF DELAWARE PROGRAM AND THE STROKE PREVENTION AND RESCOURCES PROJECT. THE DELAWARE ACADEMY OF MEDICINE, INC. IS THE STATE OF DELAWARE AFFILIATE OF THE AMERICAN PUBLIC HEALTH ASSOCIATION, AND PUBLISHES THE DELAWARE JOURNAL OF PUBLIC HEALTH. IN ADDITION, THE DELAWARE ACADEMY OF MEDICINE, INC. OPERATES THE DELAWARE HEALTH FORCE INITIATIVE IN A COLLABORATIVE RELATIONSHIP WITH THE STATE OF DELAWARE AND THE DELAWARE HEALTH CARE COMMISSION.

    Expenses $2,642,511 · Grants $1,516,554 · Revenue $104,425

  • THE STUDENT FINANCIAL AID PROGRAM OFFERED BY THE DELAWARE ACADEMY OF MEDICINE, INC. PROVIDES GENERAL ASSISTANCE LOANS TO DELAWARE RESIDENTS STUDYING MEDICINE AND DENTISTRY.

    Expenses $28,300 · Revenue $8,466

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

Listed in Part VII

  • Lynn C Jones Mha Fache

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Stephen C Eppes MD

    PRESIDENT ELECT

    Total calculated
    $0
    Hours/week
    2

  • Ann Painter Msn RN

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Jeffrey M Cole DDS MBA

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • John Swanson MD

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • David M Bercaw MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Eric T Johnson MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Erin M Kavanaugh MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Joseph Kelly DDS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Omar Khan MD Mhs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Brian W Little MD PhD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Daniel J Meara MD DMD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • John P Piper Do

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Megan L Werner MD MPH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Charlamaine Wright MD Mshp

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Barry Kayne

    EMERITUS

    Total calculated
    $0
    Hours/week
    1

  • Joseph Kestner Jr MD

    EMERITUS

    Total calculated
    $0
    Hours/week
    1

  • Katherine Smith MD MPH

    CURRENT EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    40

  • Tim Gibs MPH

    FORMER EXECTIVE DIRECTOR

    Total calculated
    $133,659
    From this org
    $133,659
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $133,659
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $133,659

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

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.

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202513219349320871

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.