Physical Therapy Fund EIN 54-1732481 Form 990 (PDF) Claim this org

Physical Therapy Fund

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Supports physical therapy research and education. For fiscal year 2024 it reported $511K in revenue, $145K in expenses, and $4.4M in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Alexandria, VA
Filings
5 on file (2020–2024)
Revenue
$511KFY2024
Expenses
$145K
Net assets
$4.4M
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  54-1732481 Public charity (501(c)(3)) Alexandria, VA
Form 990 (PDF)
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Size
$100K–1M
What they do
Supports physical therapy research and education.
Leadership
Kim Nixon-Cave · President
Money in and out
$511K revenue, $145K expenses
Bottom line
93% program efficiency
Where the money goes · FY2024
Total revenue
$511K
Pt VIII · Ln 12
Total expenses
$145K
Pt IX · Ln 25
Net assets
$4.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $366K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07
Program efficiency
93%
of spending reaches programs-0.06% vs prior filing year
Operating runway
358.3mo
months of highly liquid reserves at operating expense rate▼ -13% vs prior filing year
Surplus margin
+72%
revenue over expenses, this year▲ +45% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$511K
FY2024▲ +118%
Expenses
$145K
FY2024▲ +22%
Total assets
$4.5M
FY2024▲ +6%
Total liabilities
$26K
FY2024▲ +100%
Total revenue
$511K
Pt VIII · Ln 12
Total expenses
$145K
Pt IX · Ln 25
Net assets
$4.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$366K
Total assetsPt X · Ln 16$4.5M
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPhysical Therapy Fund
EINHdr · item D54-1732481
Principal addressHdr · item CAlexandria, VA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B82Z)
Ruling yearIRS BMFNov 1994

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $135K of program spending, described in the organization's own filed words · FY2024.
01

The physical therapy fund grants scholarships for RESEARCH/EDUCATION in the field of physical therapy. Speakers discuss relevant topics at the leadership conference while interns contribute to RESEARCH/EDUCATION issues.

$135Kprogram expense

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Statement of Revenue

Part VIII
Investment income$468K · 92%
Contributions & grants$156K · 31%
Investment income92%$468K
Contributions & grants31%$156K
Total revenueLn 12$511K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$135K
Management & general7%$10K
Total functional expensesLn 25$145K

Balance Sheet

Part X · end of year
CashLn 1$370K
Total assetsLn 16$4.5M
Total liabilitiesLn 26$26K
Total net assetsLn 32$4.4M
Months of cash on handcomputed30.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4.3M · Operating expenses/yr $145K
358.3 months
Where the money goes
Program services
Program services $135K · Total expenses $145K
93%
Management & General
Management & general $10K · Total expenses $145K
7%
Fundraising
Fundraising $0 · Total expenses $145K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $214K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $156K · Total revenue $511K
31%
Government reliance
Government grants — · Total revenue $511K
Earned-income share
Program service revenue $0 · Total revenue $511K
0%
Investment reliance
Investment income $468K · Total revenue $511K
+92%
Program self-sufficiency
Program service revenue $0 · Total expenses $145K
0%
Growth & trend
Revenue growth (YoY)
This year $511K · Prior year $234K
+118%
Revenue CAGR
FY2020 $764K · FY2024 $511K
-10%
Net-asset trend (YoY)
End of year $4.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $511K · Expenses $145K
+72%
Liabilities-to-Assets
Total liabilities — · Total assets $4.5M
Net-asset ratio
Net assets $4.4M · Total assets $4.5M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $4.0M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.5M
89%
People & payroll
Highest Reported Total Compensation
Individual Kim Nixon-Cave · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $145K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $145K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 7%
Fundraising cost ratio 0%
Revenue growth 118%
Investment management fee ratio 0.1%
Accounting fee ratio 3%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$65K
Grants paid · 13 grants · $408K · 2020–2024
Unitemized GrantFY2024$86,000
Unitemized GrantFY2024$28,000
Unitemized GrantFY2024$10,000
Unitemized GrantFY2024$1,000
Unitemized GrantFY2023$68,000
Unitemized GrantFY2023$26,000
Unitemized GrantFY2023$1,000
Unitemized GrantFY2022$50,000
Unitemized GrantFY2022$26,000
Unitemized GrantFY2021$35,000
Unitemized GrantFY2021$23,000
Unitemized GrantFY2020$33,000
Unitemized GrantFY2020$21,000

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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)$511K revenue · viewing · ⤓ 990 PDF
FY2023$234K revenue · ⤓ 990 PDF
FY2022$418K revenue · ⤓ 990 PDF
FY2021$1.7M revenue · ⤓ 990 PDF
FY2020$764K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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