VIRGINIA ACADEMY OF FAMILY PHYSICI… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1948

Legal Domicile

Principal Officer

MARY LINDSAY WHITE

Phone

8049685200

Tax Period

2025-01-01 to 2025-12-31

VIRGINIA ACADEMY OF FAMILY PHYSICIANS, founded in 1948, is a community nonprofit in the Diseases & Disorders sector that reported $1.2M in total revenue in fiscal year 2025. Expenses of $1.1M left a modest 10% surplus.

Mission

THE MISSION OF THE VAFP IS TO EMPOWER ITS MEMBERS TO BE PHYSICIANS WHO PROVIDE HIGH QUALITY, ACCESSIBLE HEALTH CARE, DEDICATE THEMSELVES TO THE WELL-BEING OF THE PEOPLE OF VIRGINIA, AND ARE GUIDED BY THE PRINCIPLE THAT THE FAMILY PHYSICIAN REMAINS THE SPECIALIST OF CHOICE TO GUIDE LIFELONG HEALTH CARE.

Program Service Accomplishments

Program 1

ONE OF THE MAIN FOCUS AREAS OF THE ACADEMY IS TO PROMOTE HIGH QUALITY, AFFORDABLE CONTINUING MEDICAL EDUCATION. THE ACADEMY ACHIEVES THIS BY HOSTING AN ANNUAL MEETING FOR ALL HEALTH CARE...

ONE OF THE MAIN FOCUS AREAS OF THE ACADEMY IS TO PROMOTE HIGH QUALITY, AFFORDABLE CONTINUING MEDICAL EDUCATION. THE ACADEMY ACHIEVES THIS BY HOSTING AN ANNUAL MEETING FOR ALL HEALTH CARE PROFESSIONALS IN VIRGINIA AND NEIGHBORING STATES. IN ADDITION, THE ACADEMY HOSTS VARIOUS SEMINARS AND SYMPOSIA THAT FOCUS ON LEADERSHIP AND WORKFORCE ENHANCEMENTS WITHIN THE INDUSTRY. THE SEMINARS COVER CURRENT MEDICAL ISSUES, AS WELL AS, PROMOTE, ENCOURAGE, AND EDUCATE MEMBERS ON EFFECTIVE MODELS OF CARE AND DELIVERY.

Program 2

THE ACADEMY ASSISTS IN INCREASING CONTINUITY, EXPERTISE, AND PARTICIPATION IN THE AREAS OF LEGISLATION AND ADVOCACY FOR THE INTERESTS OF THE FAMILY PHYSICIAN, THEIR PATIENTS, AND AN IMPROVED...

THE ACADEMY ASSISTS IN INCREASING CONTINUITY, EXPERTISE, AND PARTICIPATION IN THE AREAS OF LEGISLATION AND ADVOCACY FOR THE INTERESTS OF THE FAMILY PHYSICIAN, THEIR PATIENTS, AND AN IMPROVED HEALTHCARE SYSTEM.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $90,656

Program Service Revenue $975,600

Investment Income $124,181

Other Revenue $0

TOTAL REVENUE $1,190,437

Expense Breakdown

Grants Paid $0

Salaries & Benefits $465,433

Fundraising Expenses $0

Other Expenses $604,884

TOTAL EXPENSES $1,070,317

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,190,437	$1,122,202	+0.1%
Expenses	$1,070,317	$1,010,194	+0.1%
Net Income	$120,120	$112,008	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$187,317

Total Directors

$7,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIMOTHY J YU	PAST PRESIDE	1.00	Officer Director	$4,000	$0	$4,000
ROBIN N ANDERSON	PRESIDENT	1.00	Officer Director	$2,000	$0	$2,000
VERNEETA L WILLIAMS	PRESIDENT -	1.00	Officer Director	$0	$0	$0
JULIA A BRUCE	1ST VICE-PRE	1.00	Officer Director	$0	$0	$0
CHARLES O FRAZIER	TREASURER	1.00	Officer Director	$1,500	$0	$1,500
HUNTER JAMERSON	GENERAL COUN	1.00	Director	$0	$0	$0
MARY LINDSAY WHITE	EXECUTIVE VI	35.00	Officer	$153,986	$25,831	$179,817
DAVID MAY	LEGISLATIVE	1.00	Director	$0	$0	$0
YASIR ABDUL-RAHMAN	2ND VICE PRE	1.00	Officer Director	$0	$0	$0
AMANDA L RUSSELL	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHELE M TRAN	DIRECTOR	1.00	Director	$0	$0	$0
LINWOOD T JOYNER	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT J NEWMAN	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW S PAINE	DIRECTOR	1.00	Director	$0	$0	$0
TABATHA B DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
GORDON W THEISZ	DIRECTOR	1.00	Director	$0	$0	$0
JEFF CARTER	DIRECTOR	1.00	Director	$0	$0	$0
RICH URIBE	DIRECTOR	1.00	Director	$0	$0	$0
CHARLOTTE HEPPNER	DIRECTOR	1.00	Director	$0	$0	$0
JULIA STELTER	RESIDENT DIR	1.00	Director	$0	$0	$0
ALLISON ZAMORA	RESIDENT DIR	1.00	Director	$0	$0	$0
SNIGDHA NANDIPATI	STUDENT DIRE	1.00	Director	$0	$0	$0
JOSHUA PEREZ	STUDENT DIRE	1.00	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	$1,190,437	$1,070,317	$3,026,476	$120,120
2024	$1,122,202	$1,010,194	$2,907,394	$112,008
2023	$1,028,844	$957,177	$2,573,570	$71,667
2022	$861,121	$849,081	$2,480,669	$12,040
2021	$852,674	$731,013	$2,451,322	$121,661
2020	$854,987	$735,189	$2,261,100	$119,798
2019	$990,160	$851,700	$2,200,179	$138,460
2018	$1,019,010	$886,401	$2,217,206	$132,609

VIRGINIA ACADEMY OF FAMILY PHYSICIANS