EDUCATIONAL AND RESEARCH FOUNDATION FOR THE AAFPRS

EIN: 362952891 501(c)(3)

ALEXANDRIA, VA

Total Revenue
$2,415,026
Total Expenses
$3,142,363
Total Assets
$5,808,679
Net Assets
$3,520,994
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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
IL
Principal Officer
STEVEN JURICH
Phone
7032999291
Tax Period
2023-01-01 to 2023-12-31

EDUCATIONAL AND RESEARCH FOUNDATION FOR THE AAFPRS, founded in 1977, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2018. Expenses of $2.6M exceeded revenue, resulting in a 19% operating deficit.

Mission

THE FOUNDATION IS AN EDUCATIONAL SOCIETY WHICH SEEKS TO SERVE ITS MEMBERS, MEDICAL INSTITUTIONS, AND THE PUBLIC BY FOSTERING THE HIGHEST STANDARDS OF EXCELLENCE IN FACIAL PLASTIC AND RECONSTRUCTIVE SURGERY. THE MISSION STATEMENT OF THE FOUNDATION IS TO SUPPORT EDUCATION, RESEARCH AND HUMANITARIAN EFFORTS OF AAFPRS MEMBERS IN THE SERVICE OF PATIENTS.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $478,741
Program Service Revenue $1,253,902
Investment Income $372,462
Other Revenue $309,921
TOTAL REVENUE $2,415,026

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $166,331
Program Expenses $2,767,980
Other Expenses $3,142,363
TOTAL EXPENSES $3,142,363

Year-over-Year Comparison

2023 2022 Change
Revenue $2,415,026 $2,290,170 +0.1%
Expenses $3,142,363 $3,153,382 0.0%
Net Income $-727,337 $-863,212 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$278,203
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON S HAMILTON BOARD MEMBER 1.00
Director
$0 $0 $0
JILL HESSLER BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK J BYRNE PRESIDENT-ELECT 2.00
Director
$0 $0 $0
THEDA C KONTIS IMMEDIATE PAST PRESIDENT 2.00
Director
$0 $0 $0
BENJAMIN C MARCUS SECRETARY 2.00
Officer Director
$0 $0 $0
CHARLES M BOYD TREASURER 2.00
Officer Director
$0 $0 $0
SCOTT A TATUM PRESIDENT 5.00
Officer Director
$0 $0 $0
JAMES RANDALL JORDAN BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN J JURICH EXECUTIVE VICE PRESIDENT 20.00
Officer
$0 $43,887 $278,203
JENN WAUGH DIRECTOR OF OPERATIONS 20.00
Highest
$0 $19,325 $121,472
RITA MAGNESS DIRECTOR, INDUSTRY RELATIONS & COMMUNICATIONS 39.00
Highest
$0 $16,167 $117,213
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $2,415,026 $3,142,363 $5,808,679 $-727,337
2022 $2,290,170 $3,153,382 $6,466,482 $-863,212
2021 $1,485,741 $1,255,150 $6,959,056 $230,591
2020 $887,973 $1,172,632 $6,284,619 $-284,659
2019 $3,063,364 $3,512,787 $6,380,198 $-449,423
2018 $2,222,979 $2,643,429 $5,464,049 $-420,450
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