ARIZONA ACADEMY OF FAMILY PHYSICIANS (EIN 866052331) - Form 990 Financial Analysis & Trantor Score

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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

1961

Legal Domicile

Principal Officer

MARIOLGA MERCADO DO

Phone

6022746404

Tax Period

2024-07-01 to 2025-06-30

ARIZONA ACADEMY OF FAMILY PHYSICIANS, founded in 1961, is a small nonprofit that reported $439K in total revenue in fiscal year 2024.

Mission

THE AZAFP IS DEDICATED TO PROMOTING THE HEALTH OF THE PEOPLE IN ARIZONA BY REPRESENTING AND PROMOTING THE SPECIALTY OF FAMILY MEDICINE AND SUPPORTING AZAFP MEMBERS IN THEIR PROFESSIONAL DEVELOPMENT AND SERVICE.

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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 $569

Program Service Revenue $412,244

Investment Income $26,582

Other Revenue $0

TOTAL REVENUE $439,395

Expense Breakdown

Grants Paid $1,750

Salaries & Benefits $191,188

Fundraising Expenses $0

Other Expenses $241,746

TOTAL EXPENSES $434,684

Year-over-Year Comparison

	2024	2023	Change
Revenue	$439,395	$411,512	+0.1%
Expenses	$434,684	$459,146	-0.1%
Net Income	$4,711	$-47,634	-1.1%

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

$116,340

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Laura Dearing	Executive VP	040.00	Officer	$116,340	$0	$116,340
Natalia Galarza Carrazco MD	Pres Until 03/2025/Past Pres From 03/2025	001.00	Officer Director	$0	$0	$0
Mariolga Mercado DO	Pres-Elect Until 03/2025/Pres From 03/2025	001.00	Officer Director	$0	$0	$0
Felipe Perez MD	Vice Pres Until 03/2025/Pres Elect From 03/2025	001.00	Officer Director	$0	$0	$0
Carter Mayberry MD	Secr/Treas Until 03/2025/Vice Pres From 03/2025	001.00	Officer Director	$0	$0	$0
Kristina Diaz MD MBA	Past Pres Until 03/2025/AAFP Alt Del From 03/2025	001.00	Director	$0	$0	$0
Anthony Dekker DO	Director At Lg Until 03/2025/Secr/Treas From 03/2025	001.00	Director	$0	$0	$0
Baharak Tabarsi MD	Director At Large From 03/2025	001.00	Director	$0	$0	$0
David Virgil MD	Director At Large	001.00	Director	$0	$0	$0
Randy Gelow MD	Director At Large From 03/2025	001.00	Director	$0	$0	$0
Rebecca Moran MD	Director At Large	001.00	Director	$0	$0	$0
Sarah Coles MD	Director At Large From 03/2025	001.00	Director	$0	$0	$0
Tasha Harder DO	Resident Member From 03/2025	001.00	Director	$0	$0	$0
Dan Derksen MD	AAFP Alt. Del Until 03/2025 AAFP Del From 03/2025	001.00	Director	$0	$0	$0
Stacia Kagie DO	AAFP Alt. Del Until 03/2025 AAFP Del From 03/2025	001.00	Director	$0	$0	$0
Shanyn Lancaster MD	AAFP Alt. Delegate From 03/2025	001.00	Director	$0	$0	$0
James Bennett MD	Director At Large Until 03/01/25	001.00	Director	$0	$0	$0
Kenna Stephenson MD	Director At Large Until 03/01/25	001.00	Director	$0	$0	$0
James Bennett MD	Director At Large Until 03/01/25	001.00	Director	$0	$0	$0
Kenna Stephenson MD	Director At Large Until 03/01/25	001.00	Director	$0	$0	$0
William James Thrift MD	AAFP Delegate Until 03/01/25	001.00	Director	$0	$0	$0
Edward Paul MD	AAFP Delegate Until 03/01/25	001.00	Director	$0	$0	$0
Christine Erie MD	Resident Member Until 03/01/245	001.00	Director	$0	$0	$0
Ciara Boy MD	Resident Member Until 03/01/245	001.00	Director	$0	$0	$0
Rachel Dunn	Student Members Until 03/01/25	000.50	Director	$0	$0	$0
Ryan Orlando	Student Members Until 03/01/25	000.50	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	$439,395	$434,684	$553,632	$4,711
2024	No data	No data	No data	No data
2023	$422,029	$527,293	$569,925	$-105,264
2022	$476,802	$426,466	$675,872	$50,336
2021	$435,535	$358,531	$680,027	$77,004
2020	$359,537	$348,376	$569,386	$11,161
2019	$471,808	$468,110	$548,632	$3,698
2018	$482,452	$403,627	$549,958	$78,825

ARIZONA ACADEMY OF FAMILY PHYSICIANS