American Academy Of Family Physicians

American Academy Of Family Physicians maintains stable assets with zero liabilities and no reported officer compensation.

EIN: 20242390 · Concord, NH · Updated: 2026-03-28

$88KRevenue
$191KAssets
85/100Mission Score (Excellent)
American Academy Of Family Physicians Financial Summary
MetricValue
Total Revenue$88K
Total Expenses$71K
Program Spending70%
Net Assets$167K
Transparency Score85/100

Is American Academy Of Family Physicians Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

American Academy Of Family Physicians directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About American Academy Of Family Physicians

American Academy Of Family Physicians (EIN: 20242390) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $88K and total assets of $191K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Academy Of Family Physicians's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

76Years Operating
MicroSize Classification
13Years of Filings
MixedRevenue Trajectory

American Academy Of Family Physicians is a micro nonprofit that has been operating for 76 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$61K
Total Expenses$71K
Surplus / Deficit$-10,239
Total Assets$167K
Net Assets$167K
Operating Margin-16.8%
Months of Reserves28.1 months

Financial Health Grade: B

In 2023, American Academy Of Family Physicians reported a deficit of $10K with expenses exceeding revenue, holds 28.1 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), American Academy Of Family Physicians's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023-2.9%+12.2%-5.8%
2022+6.2%+63.9%+0.3%
2021-2.5%+3.3%+13.0%
2020-32.1%-52.0%+17.4%
2019+5.1%-0.3%+9.1%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1950

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The American Academy Of Family Physicians, with a latest reported revenue of $88,023 and assets of $190,810, demonstrates consistent financial stability over the past decade, with assets steadily growing from $125,734 in 2014 to $166,830 in 2023. The organization has consistently reported zero liabilities, indicating a strong balance sheet and prudent financial management. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent reporting of zero officer compensation across all available filings suggests a high degree of transparency regarding executive pay and potentially a volunteer-led or very lean operational structure at the top. However, the organization has experienced periods where expenses exceeded revenue, such as in 2023 ($71,173 expenses vs. $60,934 revenue) and 2022 ($63,461 expenses vs. $62,723 revenue), indicating that it occasionally draws on reserves to cover operational costs. Despite these fluctuations, the overall trend shows asset growth, suggesting that these deficits are manageable within its financial capacity. The lack of detailed expense categories (program, admin, fundraising) in the provided data limits a full assessment of spending efficiency, but the absence of officer compensation is a positive indicator of resource allocation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates American Academy Of Family Physicians with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, American Academy Of Family Physicians allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$61KTotal Revenue
$71KTotal Expenses
$167KTotal Assets
$167KNet Assets
  • The organization reported a deficit of $10K, with expenses exceeding revenue.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation, which is highly unusual for an organization of this size and suggests a volunteer-led executive team or that compensation is covered by a related entity not reflected in these filings.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of American Academy Of Family Physicians's IRS 990 filings:

  • Occasional periods where expenses exceed revenue (e.g., 2023, 2022)
  • Lack of detailed expense breakdown (program, admin, fundraising) in provided data

Strengths

The following positive indicators were identified for American Academy Of Family Physicians:

  • Consistent asset growth over the past decade (from $125,734 in 2014 to $166,830 in 2023)
  • Zero reported liabilities across all filings, indicating strong financial health
  • Zero reported officer compensation, suggesting efficient use of funds or volunteer leadership
  • Positive net assets, growing to $190,810

Frequently Asked Questions about American Academy Of Family Physicians

Is American Academy Of Family Physicians a legitimate charity?

American Academy Of Family Physicians (EIN: 20242390) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $88K. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does American Academy Of Family Physicians spend its money?

American Academy Of Family Physicians directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to American Academy Of Family Physicians tax-deductible?

American Academy Of Family Physicians is registered as a tax-exempt nonprofit (EIN: 20242390). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of American Academy Of Family Physicians's spending goes to programs?

American Academy Of Family Physicians directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

Where is American Academy Of Family Physicians located?

American Academy Of Family Physicians is headquartered in Concord, New Hampshire and files with the IRS under EIN 20242390.

How many years of IRS 990 filings does American Academy Of Family Physicians have?

American Academy Of Family Physicians has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $88K in total revenue.

How does the American Academy Of Family Physicians cover its expenses when revenue is less than expenditures, as seen in 2023 and 2022?

The organization likely covers these deficits by drawing from its accumulated assets, which have shown consistent growth over the years, indicating a healthy reserve fund.

What is the specific breakdown of program, administrative, and fundraising expenses?

The provided data does not offer a detailed breakdown of these expense categories, which limits a full assessment of spending efficiency. Further investigation into the full IRS 990 forms would be necessary.

Is the American Academy Of Family Physicians truly volunteer-led at the executive level, given the 0% officer compensation?

The consistent reporting of 0% officer compensation strongly suggests a volunteer-led executive structure or that executive compensation is handled in a manner not directly reported in these specific lines of the 990, such as through a related entity. This is a significant positive for resource allocation.

Filing History

IRS 990 filing history for American Academy Of Family Physicians showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), American Academy Of Family Physicians's revenue has declined by 4.2%, moving from $64K to $61K. Total assets increased by 40.6% over the same period, from $119K to $167K. Total functional expenses fell by 4.7%, from $75K to $71K. In its most recent filing year (2023), American Academy Of Family Physicians reported a deficit of $10K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $61K $71K $167K $0
2022 $63K $63K $177K $0
2021 $59K $39K $177K $0
2020 $61K $37K $156K $0 View 990
2019 $89K $78K $133K $0 View 990
2018 $85K $78K $122K $0 View 990
2017 $73K $87K $116K $0 View 990
2016 $80K $83K $129K $0 View 990
2015 $80K $73K $133K $0 View 990
2014 $63K $65K $126K $0 View 990
2013 $84K $72K $104K $0 View 990
2012 $51K $77K $93K $0 View 990
2011 $64K $75K $119K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $61K, expenses of $71K, and assets of $167K (revenue -2.9% year-over-year).
  • 2022: Revenue of $63K, expenses of $63K, and assets of $177K (revenue +6.2% year-over-year).
  • 2021: Revenue of $59K, expenses of $39K, and assets of $177K (revenue -2.5% year-over-year).
  • 2020: Revenue of $61K, expenses of $37K, and assets of $156K (revenue -32.1% year-over-year).
  • 2019: Revenue of $89K, expenses of $78K, and assets of $133K (revenue +5.1% year-over-year).
  • 2018: Revenue of $85K, expenses of $78K, and assets of $122K (revenue +15.5% year-over-year).
  • 2017: Revenue of $73K, expenses of $87K, and assets of $116K (revenue -7.8% year-over-year).
  • 2016: Revenue of $80K, expenses of $83K, and assets of $129K (revenue -1.0% year-over-year).
  • 2015: Revenue of $80K, expenses of $73K, and assets of $133K (revenue +28.4% year-over-year).
  • 2014: Revenue of $63K, expenses of $65K, and assets of $126K (revenue -25.2% year-over-year).
  • 2013: Revenue of $84K, expenses of $72K, and assets of $104K (revenue +64.9% year-over-year).
  • 2012: Revenue of $51K, expenses of $77K, and assets of $93K (revenue -20.1% year-over-year).
  • 2011: Revenue of $64K, expenses of $75K, and assets of $119K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for American Academy Of Family Physicians:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for American Academy Of Family Physicians is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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