PHYSICIAN ASSOCIATE FOUNDATION OF THE AMERICAN ACADEMY OF PHYSICIAN ASSOCIATES

EIN: 541071370 501(c)(3) Community Improvement

ALEXANDRIA, VA

Total Revenue
$1,145,375
Total Expenses
$1,072,180
Total Assets
$4,925,406
Net Assets
$4,551,109
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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
VA
Principal Officer
JAMES BRADEN MILLWARD
Phone
7038362272
Tax Period
2024-01-01 to 2024-12-31

PHYSICIAN ASSISTANT FOUNDATION OF THE AMERICAN ACADEMY OF PHYSICIAN ASSISTANTS, founded in 1980, is a community nonprofit in the Community Improvement sector that reported $1.0M in total revenue in fiscal year 2018. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $241K, a strong 23% operating margin.

Mission

TO DEVELOP AND ALLOCATE RESOURCES THAT EMPOWER THE PHYSICIAN ASSOCIATES TO IMPACT THE HEALTH AND WELLNESS OF COMMUNITIES THEY SERVE.

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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 $791,082
Program Service Revenue $0
Investment Income $354,293
Other Revenue $0
TOTAL REVENUE $1,145,375

Expense Breakdown

Grants Paid $181,916
Salaries & Benefits $553,598
Fundraising Expenses $135,193
Program Expenses $680,532
Other Expenses $336,666
TOTAL EXPENSES $1,072,180

Year-over-Year Comparison

2024 2023 Change
Revenue $1,145,375 $1,176,729 0.0%
Expenses $1,072,180 $1,042,842 +0.0%
Net Income $73,195 $133,887 -0.5%
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
18
Independent Members
18
Employees
N/A
Volunteers
158

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
8
$783,639
Total Directors
18
$5,840
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY KATZ PRESIDENT 2.00
Officer Director
$0 $0 $0
MICHEL STATLER PRESIDENT-ELECT 2.00
Officer Director
$0 $0 $0
JAMES BRADEN MILLWARD DMSC PA PAST PRESIDENT 2.00
Officer Director
$0 $0 $0
JAMES E DELANEY PA-C IMMEDIATE PAST PRESIDENT 2.00
Officer Director
$0 $0 $0
ZACHARY HARTSELL SECRETARY-TREASURER 2.00
Officer Director
$0 $0 $0
LAUREN G DOBBS MMS PA-C TREASURER 2.00
Officer Director
$0 $0 $0
COURTNEY PETERS TRUSTEE 2.00
Director
$0 $0 $0
KYLE FORTMAN TRUSTEE 2.00
Director
$0 $0 $0
JENNIFER SNYDER TRUSTEE 2.00
Director
$0 $0 $0
CORRI WOLF TRUSTEE 2.00
Director
$0 $0 $0
BILLY COLLINS TRUSTEE 2.00
Director
$0 $0 $0
KRIS PYLES-SWEET TRUSTEE 2.00
Director
$0 $0 $5,840
COOPER COUCH PA-C TRUSTEE 2.00
Director
$0 $0 $0
LCDR CLIFTON BUTLER MBA MPAS PA-C TRUSTEE 2.00
Director
$0 $0 $0
ASHLEIGH KERVEL TRUSTEE 2.00
Director
$0 $0 $0
CATHERINE R JUDD MS PA-C CAQ TRUSTEE 2.00
Director
$0 $0 $0
CLARE DOUGHERTY STUDENT REPRESENTATIVE 2.00
Director
$0 $0 $0
JAMEE WILLIAMS STUDENT REPRESENTATIVE 2.00
Director
$0 $0 $0
LISA GABLES CEO, AAPA 5.00
Officer
$0 $62,535 $675,104
AGNES COMPAGNONE EXECUTIVE DIRECTOR (THRU 4/12/2024) 37.50
Officer
$98,870 $9,665 $108,535
CAROLINE PIERCE ASSISTANT EXECUTIVE DIRECTOR 37.50
Highest
$104,145 $27,732 $131,877
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 No data No data No data No data
2024 $1,145,375 $1,072,180 $4,925,406 $73,195
2023 $1,176,729 $1,042,842 $4,507,128 $133,887
2022 $1,564,563 $1,337,443 $4,737,292 $227,120
2021 $978,939 $838,145 $4,299,944 $140,794
2020 $1,219,953 $888,065 $4,091,939 $331,888
2019 $912,322 $807,086 $3,438,164 $105,236
2018 $1,044,568 $803,930 $3,019,733 $240,638
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