NORTH CAROLINA ACADEMY OF FAMILY PHYSICIANS FOUNDATION (EIN 561686052) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Principal Officer

GREGORY GRIGGS

Phone

9198332110

Tax Period

2024-01-01 to 2024-12-31

NORTH CAROLINA ACADEMY OF FAMILY PHYSICIANS FOUNDATION, founded in 1990, is a community nonprofit in the Health Care sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 77% operating margin.

Mission

TO SUPPORT THE ADVANCEMENT OF FAMILY MEDICINE IN NORTH CAROLINA BY FOSTERING STUDENT INTEREST IN FAMILY MEDICINE, ENHANCING THE HEALTH OF THE CITIZENS OF OUR STATE, AND ENCOURAGING PHYSICIAN WELL-BEING.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,464,699

Program Service Revenue $0

Investment Income $240,875

Other Revenue $0

TOTAL REVENUE $1,705,574

Expense Breakdown

Grants Paid $66,000

Salaries & Benefits $193,810

Fundraising Expenses $70,434

Program Expenses $216,081

Other Expenses $102,647

TOTAL EXPENSES $392,471

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,705,574	$1,070,113	+0.6%
Expenses	$392,471	$666,200	-0.4%
Net Income	$1,313,103	$403,913	+2.3%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$520,660

Total Directors

$7,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MAUREEN E MURPHY MD FAAFP	PRESIDENT	1.00	Officer Director	$0	$0	$0
EUGENIE M KOMIVES MD FAAFP	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KYLE MELVIN MD	SECRETARY-TREASURER	1.00	Officer Director	$0	$0	$0
CHRISTOPHER P DANFORD MD	PHYSICIAN TRUSTEE	0.25	Director	$0	$0	$0
VICKIE A FOWLER MD	PHYSICIAN TRUSTEE	0.25	Director	$0	$0	$0
MICHAEL J HARRIS MD	PHYSICIAN TRUSTEE	0.25	Director	$0	$0	$0
KENNETH HERRING MD	PHYSICIAN TRUSTEE	0.25	Director	$0	$0	$0
AMIR H BARZIN DO	PHYSICIAN TRUSTEE	0.25	Director	$0	$0	$0
FRANKLIN NIBLOCK MD	PHYSICIAN TRUSTEE	0.25	Director	$0	$0	$0
CECILE ROBES DO	PHYSICIAN TRUSTEE	0.25	Director	$0	$0	$0
GARETT R FRANKLIN MD	ACADEMY PRESIDENT	1.00	Director	$0	$0	$5,000
MARK MCNEILL	ACADEMY PRESIDENT-ELECT	1.00	Director	$0	$0	$2,500
STEVE PARKER	CORPORATE TRUSTEE	0.25	Director	$0	$0	$0
TOM WROTH MD	CORPORATE TRUSTEE	0.25	Director	$0	$0	$0
SOFIA GKOULGKOUNTINA DO	RESIDENT TRUSTEE	0.25	Director	$0	$0	$0
CALEB SMITH MD	RESIDENT TRUSTEE	0.25	Director	$0	$0	$0
CLAIRE NAMBOODRI MD	RESIDENT TRUSTEE	0.25	Director	$0	$0	$0
ANDREA AUGUSTINE MPH	STUDENT TRUSTEE	0.25	Director	$0	$0	$0
MABELLE MATHEW	STUDENT TRUSTEE	0.25	Director	$0	$0	$0
JULIA WOOD	STUDENT TRUSTEE	0.25	Director	$0	$0	$0
SHLIA ROMANICK	STUDENT TRUSTEE	0.25	Director	$0	$0	$0
GREGORY GRIGGS MPA CAE	EXECUTIVE VP AND CEO	5.00	Officer	$0	$58,390	$303,190
SHAWN PARKER	GENERAL COUNSEL AND CHIEF	5.00	Officer	$0	$27,170	$217,470

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	$1,705,574	$392,471	$4,770,540	$1,313,103
2023	$1,070,113	$666,200	$3,435,794	$403,913
2022	$502,168	$244,849	$2,915,114	$257,319
2021	$185,573	$174,794	$2,938,633	$10,779
2020	$167,318	$183,347	$2,810,420	$-16,029
2019	$897,628	$267,397	$2,724,013	$630,231
2018	$219,480	$242,893	$2,027,169	$-23,413

NORTH CAROLINA ACADEMY OF FAMILY PHYSICIANS FOUNDATION