American Physical Therapy Association Private Practice Section

EIN: 521214965

Alexandria, VA

Total Revenue
$3,358,574
Total Expenses
$3,715,257
Total Assets
$4,537,538
Net Assets
$2,879,748
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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
NV
Principal Officer
CHRISTOPHER ALBANESE
Phone
8005171167
Tax Period
2024-07-01 to 2025-06-30

AMERICAN PHYSICAL THERAPY ASSOCIATION PRIVATE PRACTICE SECTION, founded in 1981, is a community nonprofit that reported $3.1M in total revenue in fiscal year 2017.

Mission

TO FOSTER INTEREST IN AND PROVIDE FOR THE GROWTH OF PHYSICAL THERAPY IN PRACTICE SETTINGS which allow for independent practice of physical therapy, business success, and provision of quality of care.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $3,216,987
Investment Income $92,430
Other Revenue $49,157
TOTAL REVENUE $3,358,574

Expense Breakdown

Grants Paid $2,105
Salaries & Benefits $50,000
Fundraising Expenses $0
Other Expenses $3,663,152
TOTAL EXPENSES $3,715,257

Year-over-Year Comparison

2024 2023 Change
Revenue $3,358,574 $3,578,886 -0.1%
Expenses $3,715,257 $3,385,089 +0.1%
Net Income $-356,683 $193,797 -2.8%
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
9
Independent Members
8
Employees
N/A
Volunteers
100

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
6
$25,000
Total Directors
12
$50,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mike horsfield President 9.0
Officer Director
$10,000 $0 $10,000
ROBERT WORTH VICE PRESIDENT 7.0
Officer Director
$5,000 $0 $5,000
MICHELLE COLLIE TREASURER - TERM 12/31/2024 7.0
Officer Director
$5,000 $0 $5,000
STACEY ALBERTS SECRETARY - TERM. 12/31/2024 4.0
Officer Director
$5,000 $0 $5,000
STACI LYONS DIRECTOR 3.0
Director
$5,000 $0 $5,000
DAVE POWERS DIRECTOR 3.0
Director
$5,000 $0 $5,000
KELLY SANDERS DIRECTOR 3.0
Director
$5,000 $0 $5,000
JENNIFER SCHNIEDERS DIRECTOR 3.0
Director
$5,000 $0 $5,000
AMY SNYDER DIRECTOR - TERM. 12/31/2024 3.0
Director
$5,000 $0 $5,000
CHRISTOPHER ALBANESE TREASURER - EFF. 01/01/2025 7.0
Officer Director
$0 $0 $0
KATHY STENSLIE SECRETARY - EFF. 01/01/2025 4.0
Officer Director
$0 $0 $0
BRIAN HARTZ DIRECTOR - EFF. 01/01/2025 3.0
Director
$0 $0 $0
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
2025 $3,358,574 $3,715,257 $4,537,538 $-356,683
2024 $3,578,886 $3,385,089 $4,540,161 $193,797
2024 $3,578,886 $3,385,089 $4,540,161 $193,797
2023 $3,631,044 $3,671,018 $3,941,444 $-39,974
2022 $3,230,908 $3,812,160 $3,938,032 $-581,252
2021 $1,712,040 $2,028,790 $5,002,151 $-316,750
2020 $3,289,941 $3,583,505 $4,397,111 $-293,564
2019 $3,473,538 $3,490,555 $5,236,066 $-17,017
2018 $3,147,494 $3,355,324 $5,115,692 $-207,830
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