AMER ACADEMY OF FAMILY PHYSICIAN-OK

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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

1966

Legal Domicile

Principal Officer

KARI WEBBER

Phone

4058420484

Tax Period

2024-01-01 to 2024-12-31

AMER ACADEMY OF FAMILY PHYSICIAN-OK, founded in 1966, is a small nonprofit that reported $411K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $365K left a modest 11% surplus.

Mission

SUPPORTING STATEWIDE EFFORTS THAT DIRECTLY IMPACT FAMILY PHYSICIANS ACROSS THE STATE OF OKLAHOMA THROUGH PROMOTING THE PRACTICE OF FAMILY MEDICINE AND PROVIDING EDUCATION TO MEMBER FAMILY PRACTITIONERS.

Program Service Accomplishments

Program 1

RESIDENT & STUDENT SUPPORT - THE ACADEMY PROVIDES DIRECT SUPPORT TO OKLAHOMA RESIDENTS AND STUDENTS THROUGH RECRUITMENT AND RENTION ACTIVITIES THROUGHOUT THE YEAR. SUPPORT INCLUDES CONFERENCE...

RESIDENT & STUDENT SUPPORT - THE ACADEMY PROVIDES DIRECT SUPPORT TO OKLAHOMA RESIDENTS AND STUDENTS THROUGH RECRUITMENT AND RENTION ACTIVITIES THROUGHOUT THE YEAR. SUPPORT INCLUDES CONFERENCE SPONSORSHIPS, RECRUITMENT EVENTS, MONTHLY LUNCHEONS, AND EDUCATION ACTIVITIES. THESE ACTIVITIES ARE GEARED TO INCREASE THE FAMILY MEDICINE PRESENCE IN OKLAHOMA.

Program 2

MEMBERSHIP - THE ACADEMY PROVIDES ONGOING CONTINUING MEDICAL EDUCATION, THE ANNUAL SCIENTIFIC ASSEMBLY, REGULAR LUNCHEONS AND WEBINARS, AND CHOICE PARTNERSHIP SUPPORT. MEMBERS ARE ADDED EACH CALENDAR QUARTER AND ARE PROVIDED ONGOING COMMUNICATIONS FROM THE ACADEMY. EACH YEAR THE ANNUAL SCIENTIFIC ASSEMBLY IS HELD AND PROVIDES MEMBERS WITH EDUCATION OPPORTUNITIES AS WELL AS OPPORTUNITIES TO MEET FAMILY PHYSICIANS FROM ACROSS THE COUNTRY.

Program 3

ADVOCACY - THE ACADEMY HAS A CONTRACT LEGISLATIVE CONSULTANT WHO WORKS YEAR-ROUND TO ENSURE MEMBER THOUGHTS AND VIEWS ARE UNDERSTOOD AT THE OKLAHOMA STATE CAPITAL. MEMBERS ARE FREQUENTLY UPDATED WITH INFORMATION ON LEGISLATIVE EFFORTS THROUGHOUT OKLAHOMA. A RESOURCE BOARD IS ALSO MADE AVAILABLE FOR MEMBERS TO DIRECTLY CONNECT WITH THEIR RESPECTIVE LOCAL LEGISLATORS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $262,352

Program Service Revenue $3,900

Investment Income $106,021

Other Revenue $39,000

TOTAL REVENUE $411,273

Expense Breakdown

Grants Paid $0

Salaries & Benefits $173,308

Fundraising Expenses $0

Other Expenses $192,043

TOTAL EXPENSES $365,351

Year-over-Year Comparison

	2024	2023	Change
Revenue	$411,273	$345,170	+0.2%
Expenses	$365,351	$347,382	+0.1%
Net Income	$45,922	$-2,212	-21.8%

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

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

$109,764

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ABBEY WOODS	PRESIDENT	2.00	Officer Director	$0	$0	$0
RACHEL FRANKLIN	PRESIDENT EL	2.00	Officer Director	$0	$0	$0
CALIN KIRK	TREASURER	2.00	Officer Director	$0	$0	$0
SYEACHIA DENNIS	PAST PRESIDE	2.00	Officer Director	$0	$0	$0
KARI WEBBER	EXEC VICE PR	40.00	Officer	$109,764	$0	$109,764
LEE MILLS	AAFP DELEGAT	2.00	Director	$0	$0	$0
PHIL PALMER	AAFP DELEGAT	2.00	Director	$0	$0	$0
SUBEN NAIDU	AAFP ALT DEL	2.00	Director	$0	$0	$0
STEVEN SACKET	AAFP ALT DEL	2.00	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
2024	$411,273	$365,351	$1,691,340	$45,922
2023	$345,170	$347,382	$1,559,925	$-2,212
2022	$410,299	$295,287	$1,394,889	$115,012
2021	$324,231	$282,547	$1,628,948	$41,684
2020	$365,119	$388,153	$1,061,085	$-23,034