Aaem Foundation INC EIN 20-2080841 Form 990 (PDF) Claim this org

Aaem Foundation INC FY2022 filing

Not yet claimed Claim this org →

Enforces physician rights against corporations violating CPOM laws. For fiscal year 2022 it reported $181K in revenue, $267K in expenses, and $449K in net assets.Pt I

Type
Supporting organization · Foundations & Grantmakers
Location
Milwaukee, WI
Website
www.aaem.org/about-aaem/aaem-foundation
Filings
5 on file (2020–2022)
Revenue
$181KFY2022
Expenses
$267K
Net assets
$449K
People
14
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-2080841 Supporting organization Milwaukee, WI
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Aaem Foundation INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Enforces physician rights against corporations violating CPOM laws.
Leadership
Jonathan S Jones MD · President
Money in and out
$181K revenue, $267K expenses
Bottom line
-48% net inflow
Money in and out · FY2022
Total revenue
$181K
Pt VIII · Ln 12
Total expenses
$267K
Pt IX · Ln 25
Net assets
$449K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$87K
Where spending went · Part IX cols B–D
Program services $0.96 Management & general $0.04
Net inflow
-48%
revenue over expenses, this year
Pass-through gifts
69%
of revenue from contributions
Program spending
96%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$181K
FY2022▲ +190%
Expenses
$267K
FY2022▲ +93%
Total assets
$488K
FY2022▼ -32%
Total liabilities
$40K
FY2022▲ +119%
Total revenue
$181K
Pt VIII · Ln 12
Total expenses
$267K
Pt IX · Ln 25
Net assets
$449K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$87K
Total assetsPt X · Ln 16$488K
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414
Mission & Programs · Part III

Where the work happens

1 program service account for $255K of program spending, described in the organization's own filed words · FY2022.
01

The aaem fountation supported those who are (1) studying and providing education relating to the access and availability of emergency medical care, and (2) defending the rights of patients to receive such care, and emergency physicians to provide such care.

$255Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAaem Foundation INC
EINHdr · item D20-2080841
Principal addressHdr · item CMilwaukee, WI
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFJul 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
President-Elect
$0Pt VII · Sec A
Secretary-Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Past President's Council R
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Aaem Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$124K · 69%
Investment income$57K · 31%
Contributions & grants69%$124K
Investment income31%$57K
Total revenueLn 12$181K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$255K
Management & general4%$12K
Total functional expensesLn 25$267K

Balance Sheet

Part X · end of year
CashLn 1$58K
Total assetsLn 16$488K
Total liabilitiesLn 26$40K
Total net assetsLn 32$449K
Months of cash on handcomputed2.6

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $474K · Operating expenses/yr $267K
21.3 months
Where the money goes
Program services
Program services $255K · Total expenses $267K
96%
Management & General
Management & general $12K · Total expenses $267K
4%
Fundraising
Fundraising $0 · Total expenses $267K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $70K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $124K · Total revenue $181K
69%
Government reliance
Government grants — · Total revenue $181K
Earned-income share
Program service revenue $0 · Total revenue $181K
0%
Investment reliance
Investment income $57K · Total revenue $181K
+31%
Program self-sufficiency
Program service revenue $0 · Total expenses $267K
0%
Growth & trend
Revenue growth (YoY)
This year $181K · Prior year $62K
+190%
Net-asset trend (YoY)
End of year $449K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $181K · Expenses $267K
-48%
Liabilities-to-Assets
Total liabilities — · Total assets $488K
Net-asset ratio
Net assets $449K · Total assets $488K
92%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $416K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $488K
85%
People & payroll
Highest Reported Total Compensation
Individual Jonathan S Jones MD · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $267K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $267K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 96%
Overhead ratio 4%
Fundraising cost ratio 0%
Revenue growth 190%
Legal fee ratio 99%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$1K

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$800K revenue · ⤓ 990 PDF
FY2023$268K revenue · ⤓ 990 PDF
FY2022$181K revenue · viewing · ⤓ 990 PDF
FY2021$62K revenue · ⤓ 990 PDF
FY2020$42K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.